After several consecutive days of shock, basically those smart people, those who had the opportunity to learn more about the inside story, have completed their retreat. So at this time, those who are still chasing higher in the market are basically retail investors. So the time for collapse finally arrived. ??When the stock market rises, those big capitals can obtain very large benefits. Similarly, when the stock market falls, they can also obtain very large benefits. This benefit lies in short selling. When they predict that the stock price will plummet, they can first borrow some stocks in the market, and then sell these stocks. After the stock price drops, they can buy the same number of stocks with much less money and pay them back. In the process, they can also gain many benefits. It¡¯s a Tuesday morning, and as usual, the New York stock trading market is busy. The market has continued yesterday's volatile trend, but everyone seems to have become somewhat accustomed to this situation and even become numb to it. Half an hour before the end of the morning, the stock price generally fell again, but no one paid much attention to it, because according to custom, the stock price would rise again around 2:30 in the afternoon. It's been like this for several days, what's so scary about it? Some newcomers even regard this change as a law of the stock market. The stock market does have rules, but there are no such simple rules that are easy to grasp. On the contrary, there is something that is not actually a rule, that is, if the stock market continues to show such so-called easy-to-grasp rules, something is probably going to go wrong. It is a very dangerous thing to get the rules wrong, and it is even more dangerous to use this kind of rules to guide your life that are not actually rules. It's like a little chicken. After a long period of observation, it has discovered a rule without exception: a peasant woman will appear every morning, and then millet will fall from the sky. It feels that this is a rule, a rule that allows it to eat enough every day without any effort. So one morning, the peasant woman appeared again, and then there was chicken soup in the peasant woman's lunch. Today, the peasant woman did not bring millet according to the rules. She brought a knife. The same was true in the stock market today. The time soon reached half past two. Kaul, a new investor, confidently said to their friend Morse: "Don't worry, don't worry. Look, it's almost half past two, and the stock price will go up at one to two thirty. We just started at one o'clock I bought a lot at that time. According to the rules, the price at this time is usually the lowest price of the whole day. By the time it reaches 2:30, it is guaranteed that the stock price will rise rapidly. "With the expectation of countless people. , half past two finally arrived, however, the stock price did not look like it was going to rise at all. "Don't panic, don't panic, it will go up soon!" Karl's voice was still very steady, "It's just a little bit late." In the large room on the other side, a large number of traders had already obtained quick control. Instructions to sell the stocks in. The clock pointed to two thirty-five, and the market, which had been making no big moves, suddenly plummeted. The prices of various stocks fell so fast that even the tickers that had used electric quotes could not flip over. "Thisthis" Morse was speechless and speechless. He just widened his eyes in fear, and beads of sweat as big as soybeans rolled down from his forehead like rain. "Don't be afraid, it's a technical adjustment, don't be afraid!" Kaur's eyes widened, and he reached out and grabbed Morse's wrist, squeezing him until it hurt. He shouted loudly: "Don't be afraid, it's a technical adjustment, it will rise again, don't be afraid!" Kaur said it right. In the long run, any crash can essentially be regarded as an adjustment. And the stock price will indeed rise. Even if you are really miserable and have a full position of PetroChina, there will always be a day when the price rises. It¡¯s just that when that day comes, it¡¯s hard to say whether it¡¯s necessary to ¡°report family sacrifices to Naiweng without forgetting¡±. By the end of the day, the stock price fell by 12%. But this is not the most tragic thing. The most tragic thing is that when those investors who were severely screwed came out of the exchange in despair, ready to calm down their shock or drink to drown their sorrows, they went to a small hotel on the street. Those who were ready to go home and cry bitterly went back to the New York Tower or the seaside to die. Of course, there are more people who are hopeful. They always hope that this is really just a technical adjustment. Maybe tomorrow, it will be There will be a big rise. They entered the dream with beautiful dreams, but when they got up early the next morning, they saw a group of newsboys running around selling: "Extra number! Extra number! Frankfurt stock market crashed, falling nearly 20% in one morning!" ¡± This news fell on the heads of these retail investors like a thunderbolt. Even people with little experience know that in this era, differences between countriesThe economic ties between China and the United States are very close, and it has become a well-known rule that when one country catches a cold, another country sneeze. It is precisely because of this close connection that some people have come to the extremely optimistic conclusion that "a large-scale war is impossible, because such a war would be suicide under the conditions of such close economic ties." Of course, it won't be long before a big slap hits these optimists in the face. If it is just a temporary fluctuation in the United States, then the possibility of a big problem will be smaller, but if a series of declines among countries form, it will become extremely difficult to stop it. It's like dominoes, one connected to the other, one influencing the other eventually forming an irreversible trend. So when the stock market opened today, everyone was praying to God: The U.S. stock market must hold on and cannot continue yesterday¡¯s trend. However, almost all people also added this sentence to their prayers: If it must collapse, I must be the first to throw out what I have. Although in theory, if everyone doesn't throw it around, the stock price won't fluctuate much. At least there won't be a cliff-like collapse. But many times, the best choice for the whole is not the best choice for each individual. Because it is impossible to be sure that everyone will hold on and not sell, so in this situation, for individual individuals, selling the stocks in their hands as early as possible is the best choice. Because if you hesitate and fail to sell in time, but others do, the stock price will naturally continue to fall, and then you will suffer greater losses. But once everyone takes the approach that best suits their own interests, there will inevitably be a situation where everyone sells their stocks crazily, and then there will inevitably be a stock market crash. This ending is the most unfavorable for most people. However, even the most beneficial approach may bring the most terrible results, which will ultimately be extremely detrimental to you. But most people will make the choice that is best for them. Therefore, after the market opened, although most people were praying for the United States to withstand it, the market collapsed quickly when most people quickly sold their stocks at the same time. In just one day, the Dow Jones index fell by 20%. This day was also called Black Wednesday by the media. And this is just the beginning. On Thursday, Standard Oil announced significant price cuts for crude oil and petroleum products, and two days later, McDonald's Steel announced it would cut production due to lack of demand. Immediately afterwards, Vale Iron Ore also stated that due to reduced orders, they would also close some of their iron mines to reduce production. At the same time, his iron ore mines are also preparing to lay off about 15% of their employees These bad news have further hit the capital market hard. Not only the US market, but also Frankfurt in Germany and London in the UK have all fallen into panic. . A large number of companies subsequently declared bankruptcy. ¡ ¡°Dena, are you really planning to leave Germany?¡± Li Po Nexi asked helplessly, shaking her head slightly. He also knew that Dena was not an impulsive person, but because of this, once she made a decision, it must have been carefully considered and therefore difficult to change. "Yes." Dana replied simply. "But but the revolutionary conditions in Russia are not as good as those in Germany. Dena, you know, this depression will definitely make the workers' lives more difficult, and the time for revolution may soon be ripe." Li Poker Nessie knew that it was not easy to impress Dena, but he decided to try his best. "You are right, but in addition to these external conditions for the revolution to be wrong, there is another equally important condition, and that is the situation of the revolutionary leader, the vanguard of the proletariat. In Germany, the situation of this team is very It's not encouraging." Dana was as direct and sharp as before. "We do have differences, but no matter what, we are all working hard for the interests of the working class. Over the years, through various efforts, including legal efforts, we have also guaranteed workers' rights to a certain extent, right? Since our goals are the same, we can definitely unite." "The German Social Democrats are bought by the achievements of their so-called legal efforts," Dena said coldly, "They actually think they can rely on it. Look at how they explain the economic crisis through the means of class reconciliation. They actually claim that the emergence of economic crisis is completely natural and inevitable, just like nature, where there is summer and winter. . Putting aside reliable mathematical tools and relying on such rhetoric to deceive and fool the workers, they have become as degenerate as those trade unionists, and they actually play the nationalist scam and claim that the German working class is.We have a community of interests with the German capitalists. Believe it or not, it won¡¯t be long before they go one step further and sit on the capitalists¡¯ side, deceiving the workers and saying that the reason why they are in a difficult situation is because foreigners have taken their jobs. What they should hate most are foreigners, not the 'German capitalists who are also struggling in the economic crisis'. Then they will praise the war of aggression against other countries and deceive the proletariat by saying that if their country's capitalists eat meat, their country's proletarians can also Drink soup, so that they can willingly serve as cannon fodder for the capitalists. The German proletarian parties have degenerated into real scabs, but the left is still unwilling to draw a clear line with them. So, I don't think there will be a revolution in Germany. Germany will only start a war. In contrast, the Bolsheviks in Russia were much more sober and determined. Karl, I have a feeling that the greatest revolution in human history will begin in Russia, not Germany. And I must join this greatest revolution. "