Red Soviet Union

Chapter 839 Black Week 1

Over the past few years, the US economy has been sluggish. After all, the previous high income of the United States was based on the exploitation of other countries. This kind of exploitation is the hegemony of the dollar. The global currency is the dollar, which means that the United States only needs to print money to buy things. , This is simply a white wolf with empty gloves.

A large number of currencies issued by the United States will be gathered internationally and dispersed to various countries. Anyway, any country, as long as it imports something, it must pay in US dollars. In this way, the US dollar is the strongest.

In the past, the U.S. dollar was linked to gold, and later, the U.S. dollar was linked to oil, which gave the U.S. dollar enough value. But now? The dollar is not pegged to anything anymore!

This also means that the US dollar has lost its use value! The international selling of US dollars is actually already underway, and these US dollars will eventually return to the United States!

After all, it was issued in the United States. If it is not returned to the United States, where else can it go? This is the inevitable result!

However, it is not easy to spend U.S. dollars to the United States. After all, U.S. dollars are used for international trade settlements, and the U.S. will never store a large amount of currencies of other countries for other countries to exchange.

Therefore, if you want to spend your dollars in the United States, you can only buy goods. In this way, the result has reached an extreme. The US economy is depressed, but the prices of commodities are very high, because they are all raised by these returning dollars! For example, as an important real estate, American real estate has always been in short supply, which has led to an increase in the price of commercial housing in the United States, and the domestic people are even more unable to afford houses, and they are all bought by hot money flowing in from outside.

However, no matter what commodity, there is always a limit, and it is impossible to accommodate the returning hot money without limit. Therefore, the only way for more dollars to return to the United States is the stock market and futures markets.

Therefore, although the U.S. economy is sluggish, the U.S. stock market and futures market are thriving under the stimulus of the repatriated U.S. dollars.

Otherwise, the shale oil industry alone will definitely not be able to support the U.S. economy, and the prosperity of the stock market can be regarded as the driving force for the continued development of the U.S. economy.

At the same time, due to the economic downturn and extremely low bank interest rates, ordinary people are more willing to put their deposits in the stock market. Anyway, the American people have a high sense of financial management.

Although the stock market is thriving, some long-sighted economists have realized the great risks in the US stock market. After all, the stock market still needs the support of the real economy. The real economy has not developed, and the country's gdp is almost negative growth. At this time, the stock market is constantly rising, and the risks are great.

Even if there is a bubble, who would dare to burst it? The American economy can only rely on such false prosperity now, right?

As for the ordinary little prostitutes, they don't even know this. They only know that the stock market is constantly rising, and the funds they store in the stock market are also constantly appreciating!

At the same time, there are also a large number of people who have lost their jobs and all rely on the stock market for their livelihood. Now, before the time for the exchange to open, there are stock investors waiting outside, with excited faces on their faces, looking through the glass. Doors and windows looking in.

When the bell rang, the glass doors opened and people rushed into the stock exchange.

At this time, the big screen in the center was starting up. They were staring at the big screen, waiting for the self-test to complete, and the quotations of various stocks would appear. Some people were chatting in private, which stock would be the most profitable to invest their funds in .

In my opinion, it is still corporate insurance for shale oil. After all, shale oil is now the most profitable industry.

How did I hear that there is a problem with shale oil in Texas,

Production plummeted?

Those are gossip. Our country's economy is now entirely dependent on oil. How could something go wrong? Don't worry, you see, the stock prices of shale oil companies are very high now. Buy early and benefit early. You don't know yet Is it? Our Vice President Bush, they are running oil fields in Texas, how could they make shale oil go wrong?

While discussing, numbers finally appeared on the big screen, and the day's trading was about to begin!

Wait, what's going on? Everyone's eyes turned there. Why is the number above different from the one before the end of Friday? Instead of rising, it dropped a lot?

As a weathervane, the Dow Jones Industrial Average fell 67 points at the opening!

what happened? While some stockholders were stunned, some fast-reacting stockholders had already rushed to the trading counter, who cares, let's sell the stocks in their hands first! You can't let the stock fall into your own hands!

When it rises, it will be fine, but now it has fallen, whoever does not sell is a fool!

In a blink of an eye, selling orders surged. The entire stock exchange was in chaos. Under the pressure of the swarm of selling orders, all the falling green stocks were turned up on the screen, and no rising red waves could be seen. The stock just fell without any warning!

There was panic in various stock exchanges, and at the same time, the futures market, which is closely related to stocks, was also in chaos. From 9:30 am to 11:00 am, the Dow Jones Industrial Average has been falling. This situation is quite similar to the stock market crash in 1929 in history!

No one knows how to curb the worsening situation. After careful discussions, at one o'clock in the afternoon, the chairman of the US Securities and Exchange Commission said in a speech at hsd: At a critical moment, although we don't know when this critical moment will be , I will discuss with the stock exchange the temporary closure of the exchange.”

The exchange is about to be temporarily closed! The news made matters worse and caused a wave of panic. Because once the exchange is closed, traders will not be able to throw away their stocks in the future, their stocks will be worthless, and thousands of dollars will be reduced to ashes! So, in order to avoid losses, they had to quickly throw away their stocks, and the Dow Jones Industrial Average plummeted like a demon! At the same time, just after the news was released, the chairman of the US Securities and Exchange Commission regretted it. His words intensified the panic!

In just one hour, the stocks displayed on the screen had dropped by 250 points! However, this is not true, because a large number of stocks have been sold, resulting in a serious lag in computer processing speed, and this trend is still continuing! When the stock market closed at four o'clock in the afternoon on this day, the Dow Jones Industrial Average fell by more than 500 points, a drop of more than 30 percent! The face value of stocks equivalent to more than 400 billion U.S. dollars in France's annual gross national product was wiped out in one day!

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