1928: The Rise of Giants

Chapter 444: Unable to Save

April 1929, the 10th year of the Republic of China (25).

After the New York Stock Exchange opened, there was the same flow of people and noise as before, but the speculators who rushed in had lost their initial enthusiasm.

At this time, they were numb and desperate, just to confirm the latest progress and seek that slim chance of comeback.

The Dow Jones Index opened at only 190.1 points, and unknowingly it fell by 190 points, which is already very far away from the 200 points that they originally thought would never fall.

Needless to say, the stock price.

At this time, few people who still hold stocks are not losing money. Most of them are holding bills and standing numbly at the window.

At this time, it doesn't make much sense to close the position or not.

Either continue to buy and wait, or evacuate and jump off the building.

Years, even decades, of savings were poured into it.

From the highest point of 390 points to the current 190 points, nearly half of the value of the U.S. stock market has evaporated, which is equivalent to being evenly distributed to every speculator, and they have lost half of their starting money.

Do you choose to suffer misfortune together in the future, or choose to invest your own money and suffer misfortune directly.

I've been so busy lately that I finally got a good night's sleep.

pick one of two.

If the company is ruined, you people will still be unlucky along with it.

The people didn't care at all.

Now what they, the short-selling group, have to do is to make as much money as possible from the stock market and then get themselves out.

In the face of a size of 400 billion, hundreds of millions of dollars in bailouts are of no use at all.

Unfortunately, for the first time in history, people will not remember any of the lessons.

August 10 at noon.

This is equivalent to telling everyone that there is nothing I can do about it. If we allow it to collapse, the national economy will be doomed.

He spoke tens of thousands of words eloquently, and his meaning was simple and clear. He hoped that the people would spontaneously rescue the market and not let the U.S. stock market completely collapse and paralyze the national economy.

When the U.S. stock market crashes, the tycoons and politicians are the first to suffer. People who don’t trade in stocks can still watch the fun.

Once the national economy is ruined, many companies in the United States will also be ruined.

When he woke up from the big bed in the morning, Ye Luo yawned with two charming bodies wrapped around him.

Economic crises time and again in later generations have already verified this.

They will not understand that the collapse of the stock market will involve the collapse of the national economy, and the collapse of the national economy will inevitably affect all aspects.

This conundrum may seem unsolvable, but the answer is actually quite obvious.

President Hoover and the Secretary of the Treasury issued a declaration at the White House: "American business, the production and distribution of goods, is based on soundness and prosperity. If we want to ensure the revenue and vitality of business, we must ensure that The prosperity of the country’s economy.”

Having reached this point, let alone Hoover, even if the gods descended to earth, they would not be able to stop the decline of the US stock market.

Especially the people at the bottom must suffer hardships before the upper class.

The bailout fund formed by the six major investment banks and many entrepreneurs became a joke, and the money spent did not create a splash.

Livermore’s goal is to earn 10 billion. At present, this small goal is too small.

Several others were not so keen on money. They wanted to see what happened to Hoover's cabinet after the stock market crash.

Franklin and Mamuri saw the dawn of their political careers, and Joseph Sr. and John Jr., who relied on them, could also show their ambitions and become one of the leaders of this country in the next ten years.

Early in the morning, a phone call came from New York State City Hall.

"Ye, I have checked the information you need for you. If those companies really go bankrupt, I will give you the right of first refusal. As long as they are still in New York, they will definitely be yours."

Franklin's voice is light and airy, and this kind of business is all good for him. During the Great Depression, many companies could not survive and were waiting in line for bankruptcy. The massive unemployment of workers would cause instability in local security.

As the governor, he does not want this situation to occur in the areas under his control, which will hinder his political performance.

Ye Luo's acquisition of those companies was equivalent to helping him solve a lot of mess in advance.

Even if he knows that these things are likely to be taken to the far east, from a political point of view, this is not a good thing, but so what?

He won't be a governor for life, but for now, he's still the governor of New York.

"Excuse me, where is the customs? I don't want to be stopped by the customs then." Ye Luo chuckled.

Franklin laughed loudly: "New York Harbor is my territory, what do you think?"

"That would be great." Ye Luo smiled. He also wanted to buy some means of transportation such as airplanes and ships, as well as corresponding technologies.

But this cannot be said now.

The United States attaches great importance to technical barriers and will not open this hole unless it is absolutely necessary.

"Oh, by the way, I have also investigated the securities company you asked me to investigate, and sent the content to you via telegram." Franklin smiled, "That's it, are you free on the weekend?"

"I'm free. Do you want to have a party?" Ye Luo asked.

"There is a new female star in the Leisure Sports Club. Do you want to take a look?" Franklin said quietly, "She is a girl from Ireland, very young."

"Oh? I'm not very interested in younger people. What's your name?"

"Vivien Leigh."

"Oh, I take back what I just said. I remember her best friend told me about her, so I'll trouble you, Mr. Franklin."

"You're welcome, see you Saturday night, she's yours." Franklin hung up the phone.

This is the unpretentious American upper class life.

Obviously, the "Loli Island" that flourished in the 90s has not yet appeared, but these American politicians and plutocrats have always had strong tastes.

It’s also fun to play.

The "Loli Island" list that came out later shocked the world. Almost all the best and most prestigious people from all walks of life were included.

It can only be said that the world above is full of filth and filth.

"Honey, do you have a date on the weekend?" Lin Ruxian woke up at some point and hugged his arm.

"Yes, let's go to Franklin's house for a party." Ye Luo nodded and kissed her cheek, "When will sister-in-law plan to go back?"

"Are you going to drive me away so soon?" Lin Ruxian pouted deliberately.

"No way." Ye Luo felt Hui Xin's hard work underneath him and said with a smile, "I'm worried that if I leave the Republic of China for too long, there will be problems in Ye's film without you."

"Haha~ Then you don't have to worry. As long as Ah Ruan is here, they won't be able to produce anything." Lin Ruxian lay in his arms intimately. After feeling Hui Xin in the quilt, her cheeks turned red and she leaned closer and whispered, "There is still time." Morning, how about we play together for a while?"

"Right on my mind!"

The twenty-three-year-old Ye Luo was young and energetic, and wanted to be strong throughout his life. He fought the two men for another 360 rounds!

It's approaching noon.

News came over the radio.

Hoover's bailout failed.

All attempts to save the stock market have come to nothing.

What will greet them will be an even more terrible storm.

(End of this chapter)