Everyone was very busy right now because they were working together, so Jasper ended the video call after guiding them and making suggestions after making sure everyone understood the general plan.
At this time, the United States stock market closed for the day. Today, the subprime market collapsed drastically. Except for the United States government’s announcement of the postponement of the settlement date of the subprime market stock index, everything else went smoothly.
Meanwhile, the domestic stock market had also opened. There was no doubt that Soros vented all the shame suffered by the United States financial market today onto the domestic stock market in Somerland in a retaliatory manner. Thus, the domestic stock market in Somerland was hit hard again.
At one glance, it was all limit down stocks that had fallen by 10%.
The Somerland stock market had just started, and it was still in its infancy, so how could it withstand such devastation? The whole market was full of grief and there was an atmosphere of pessimism and despair everywhere.
At least the stock market had a 10% limit line to protect them, the most exaggerated was the futures market.
Today, in addition to cotton futures, the soybean and corn futures were also faced with Soros’s offense. However, unlike cotton futures, Soros went long on these two products.
Only today, the price of soybean and corn futures skyrocketed. Soybeans soared from 3300 Somer Dollars per ton to 3900 Somer Dollars per ton, while corn futures skyrocketed from 1500 Somer Dollars per ton to an exaggerated 2200 Somer Dollars per ton.
This single day increase directly broke the historical record. However, behind this was a huge conspiracy propagated by Soros and backed by the United States government.
After learning that Soros was going long on soybeans and corn, the first thing Jasper thought of was the food war that took place around 2007 before his reincarnation.
At that time, the four major international grain merchant groups attempted to control domestic grain prices and frantically increased the prices of main grains, but at that time, Somer grain, which had risen at the time, relied on its reserves that were as deep as the sea to forcibly beat the four major grain merchant groups, that were controlled by the capitalists, to the ground.
At present, Soros or the United States government might not have plans to take this same path.
Jasper immediately searched up the main food prices in the current international market. Sure enough, this year’s food prices were generally bullish. The prices of major products such as wheat and soybeans had increased by 20%-40% since the previous year.
“Baz…”
Jasper called Baz into the office.
“Keep an eye on the price of food futures. Tomorrow is the weekend, so both the United States and our country will not trade. You and your team will need to work hard these two days to make a report on the trend of international food prices over the past year, as well as the degree and summary of capital participation of Wall Street on this commodity for me. The more detailed the better.”
Baz was taken aback. Although favonovel.com did not understand the intention behind Jasper’s command, favonovel.com nodded and answered, “Okay, I understand, Mr. Laine.”
After that, Jasper gave no more orders. He watched the prices of soybeans and corn, which were finally locked in a super high position, until the break, then sighed slightly.
After the wave of attacks today, it was unknown how many accounts would be liquidated and how much funds were evaporated in the country today.
He was not a god, so favonovel.com could not handle everything. He was helpless in the face of these losses. Although it was unknown how many families had been destroyed behind these accounts, this was always the case with a financial war. Even if there was no gunpowder, its cruelty was no less than in a real war.
Moreover, the same thing happened in the United States, where favonovel.com was the instigator, so Jasper did not have the right to feel sad.
After trading closed today, the domestic financial community quickly responded to today’s market conditions.
Western capital‘s long grain futures was something that no one would have imagined. Since there was no precaution, the losses were extremely heavy.
Everyone was counting how many accounts had been liquidated in the domestic futures market and how much money had evaporated from the stock market. They thought that this was just normal financial trading by Wall Street Capital and did not think whether there was a deeper meaning to it.
Just when all kinds of voices were raging, a piece of gossip excited countless people.
The first Somerland Business and Economic Forum hosted by Jasper, the actual founder of the JW, would be held in Waterhoof City Pearl Tower on Saturday.
Even the financial circle and the capital circle in the country right now were still in their infancy, and they were imitating the ways of foreign countries in my things. To put it bluntly, they were in a barbaric era. Therefore, when they heard the term ‘economic forum’, most people were dumbfounded and did not understand what this forum meant.
However, this did not prevent it from giving a boost to everyone’s confidence. Because it was said that this time, the economic forum was mainly about domestic businessmen who were about to unite to fight against Wall Street capital in the west.
Most importantly, the government was also a part of it. Furthermore, a big tree was a good shelter. In a sense, Jasper’s name had become the support pillar of countless people.
As long as Jasper was around, everything could be saved.
Regardless of how the outside world discussed and speculated, preparations for this economic forum, which was deliberately not kept confidential, had already begun.
***
On that day, Waterhoof City Airport was extremely busy. Furthermore, the attendance rate of VIPs on flights from all over the country was surprisingly high. As a result, the communication between the pilot and the tower was, “Tower, let me land first, there is a VIP on board.”
“Your VIP’s status is not high enough, get in line. There are three VIPs with much higher statuses that are landing right now.”
The so-called VIP was the special treatment that airlines gave to certain distinguished and noble guests. Flights with these guests onboard could usually land and take off on time. These flights heading to Waterhoof City today were all carrying VIPs who were celebrities in the business world.
A boss with a net worth of one hundred million or two hundred million was not eligible to participate.
All traffic within three kilometers of Pearl Tower was controlled. The Waterhoof City government personally organized security forces to enforce martial law on Pearl Tower, claiming that it was for equipment maintenance and repairs. Hence, people who come to sightsee would be prevented from getting close. Moreover, the surrounding five-star hotels were all full. Luxury cars of all colors came forward in line.
The event caused an enormous uproar, and all this was for a non- governmental economic forum that was going to be launched over ten hours later.
