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Text Chapter 597, The End of the Carnival (7)

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    "So, have you determined that a very large-scale war will occur in Europe?" Morgan asked.  ¡°This?¡± Little Morgan hesitated.  "How big does the war in Europe need to be for the MacDonald family to become very profitable? You should have calculated this question, right?" Morgan asked again.  "This" Little Morgan hesitated, but still replied: "According to our calculations, if the scale of the war is too small, it is probably not worth it for MacDonald to do this. This war is at least larger in scale than the Franco-Prussian War.  Two to three times larger, and it must last long enough, at least for more than two or three years, so that Macdonald¡¯s actions will not be a loss in such a large-scale war" Novel Morgan understands that he has to do this.  It is indeed difficult to judge. On the one hand, there is no concrete evidence as to whether MacDonald's actions were for war, and it is just speculation. On the other hand, if this speculation is feasible, the scale of the war required is too large.  If the war is really that big, it will be detrimental to any country participating in the war.  Obviously, such a large-scale war will inevitably greatly weaken the power of the participating countries, and even greatly affect the capitalists in those countries.  Because their factories will lack workers, and to maintain such a war, they have to open their markets to foreign countries and import large amounts of industrial products from abroad.  This will completely open the domestic market to foreign countries.  Even if you make some money by hoarding during the war, the production capacity is destroyed, the market is occupied, and a large amount of hard currency flows abroad. Such losses are difficult to make up for.  Therefore, if you think about it normally, the intensity should not be reached at all, and both parties in the battle will seek a compromise.  Before the outbreak of World War I, all the great powers had an illusion. They arrogantly believed that the intensity of wars between great powers could be controlled, because in previous history, the wars between the industrial powers were quite effective.  Proportionate.  It¡¯s just that they didn¡¯t take into account how long it had been since the emergence of total war and monopoly capital between major powers.  Since the advent of total war, countries that do not use such methods will be quickly defeated. After using such methods, the war will become endless and no one can stop easily.  However, such a dark prediction is not acceptable to anyone.  Therefore, it is difficult for both Morgan Jr. and Morgan to make the final judgment.  "If it can be confirmed that MacDonald did have this intention, what are you going to do?" Morgan asked again.  "Dad, if we can really confirm that this is their intention, then we have two options." Young Morgan replied, "One is to continue to follow the McDonald Group and make a fortune by riding on it; the other is to continue to follow the McDonald Group and make a fortune; the other  "This is the power that introduces Europe." "The power that introduces Europe?" Old Morgan asked.  "Yes, Dad, although we have grown a lot, the gap in strength between us and the McDonald Group is still widening. Especially after they become more and more proficient in financial methods." Xiao Xiao  Morgan said, "The power between us and Macdonald is already out of balance. Dad, I know you are very wary of those guys named Rothschild, but what is the difference between the current Macdonald Group and Rothschild?"  ? If that happens in Europe, Rothschild will suffer huge losses. At that time, they will definitely be eager to escape from Europe, and then use their strength to escape.  MacDonald competes to gain more profits" "Aren't you afraid of putting another big bad wolf in this small room? And a big bad wolf whose ways of making money are highly overlapped with ours?  Then the competition between them and us might become more intense, right?" Morgan asked.  "This is indeed a problem. But their roots are always in Europe." Morgan Jr. said, "And this is our home court after all. If we operate well, we might" "Maybe we can swallow up Rothschild.  Is there a better chance?" Morgan paused, "If you really do that, people will immediately hug Scrooge's lap. However, it is a good idea to introduce European economic power.  After all, after the war started, the Rothschilds were not alone. Well, you just said that MacDonald shrunk their power in Europe, right?  Through channels, we can bring other small European capitals to the United States and then control them to increase our power. Don¡¯t touch Rothschild at will, and don¡¯t give them a chance to run our business.  The range is too close, but it is more dangerous than Macdonald" "  At the New York Stock Exchange, trading on this day is going on very normally.  Countless people wearing various colorsThe staff of the vest were running around in the trading mall, and it was very busy.  The trader Jack had just completed a transaction. He picked up the tea cup in his hand, took a sip of coffee, then stretched, moved his body, and began to prepare for the next transaction.  Now there is less than an hour before the market closes at noon. Generally speaking, the number of transactions at this time will increase. Whether they are short or long, they all hope to dominate the situation at this time, so as to form a good shape for the afternoon trading.  psychological impact.  But obviously, the power of the shorts still cannot defeat the longs, so at this time, the overall stock price still draws a slightly upward curve.  There were only five minutes before the end of the morning's trading, and the phone on Jack's desk suddenly rang.  Jack quickly grabbed the receiver: "Hello." As he said this, he tilted his head to clamp the receiver, and at the same time quickly took out his pen and opened his notebook.  "Okay, I understand." Jack said as his hands got busy. In just about twenty seconds, Jack would build the Catalina ship in his hand at a price of five dollars and three cents per share.  Five thousand shares were sold.  Just after he threw away this sum, his phone rang again, and at this time, he noticed that the phones of other traders also began to ring crazily In just five minutes, the Dow Jones Index fell a deep  Deep cliff.  The numbers that had slowly risen since the morning fell completely in just five minutes.  If it hadn't been for trading time, I'm afraid the sell-off would have become more intense.  Fortunately, there is a pause at noon, so everyone still has a buffer time to think calmly and not panic too much.  "What happened, do you know?" Although Jack was the first trader to complete the sell-off, he was not clear about why the boss made the decision to sell immediately.  Because before that, the boss had always been bullish.  So while eating, he asked other people about it.  "Not sure," a trader who was also trading replied, "Maybe something happened again, there is some new news." In fact, what happened is quite simple, that is, Fitch International just released a new  Economic Situation Report.  In this report, Fitch International, after analyzing a large amount of data, warned that the stock market has become overheated and is in danger of a comprehensive collapse.  ¡°Obviously, Fitch¡¯s report on the one hand gave those short sellers a lot of encouragement, and on the other hand it also encouraged those who were ready to continue to do long, so that was the performance in the last five minutes of the morning.  However, the long-term prosperity has made the market quite confident, so after the market opened in the afternoon, although the downward trend continued for a while, the short sellers were soon blocked, and then the stock price began to recover slowly.  After losing ground, until the end of trading in the afternoon, the Dow Jones index still fell, but the decline was not too large.  After a long bull market, the market will always accumulate very high confidence, making the market very resistant to some bad news. Of course, this very resistance can also be understood as very slow.  This situation is actually quite beneficial to big capital, because it makes it easier for them to find so-called "takeovers."  Sometimes, big capital relies on the cover of such confidence to successfully complete profit-taking operations.  On the second day, the market was not affected too much by Fitch's report and started to move upward again. Although there were several shock adjustments during this period, by the close of the market, it still completely recovered yesterday's losses.  On the third day, the stock market continued to fluctuate, but overall it still rose slightly.  Some other media also presented their analysis. They all believed that although the stock market does tend to be overvalued, the overall economic situation has not fundamentally changed, so the stock market is not in great danger.  .  Although the professionalism of these media and their previous achievements in economic predictions are far inferior to Fitch, their authority is far from being of the same order of magnitude. Even comparing such media with Fitch is simply unreasonable.  A joke, but at this time, these media statements seem to be more effective than Fitch's report.  Because in many cases, people will always believe what they are more willing to believe.  Therefore, every time when the stock price drops, there will be some people, especially those who entered the market late and missed the previous rise. Full of the fantasy of "buying the bottom", they will bravely give those who have gained enough in the rise.  The big capital, which is preparing to realize these profits or even turn them into bargaining chips for shorting the stock market later, has become a taker.  They thought they had succeeded in bargain-hunting, but in fact, they had just reached the advance camp of Mount Everest.  And where is the real bottom?  who knowsWoolen cloth?  Maybe in the Netherlands, maybe in the Dead Sea, maybe in the Mariana Trench.
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