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Chapter 410 The Essence of Wall Street

As soon as the "9/11 Incident" broke out, the Bush administration immediately launched a series of emergency measures.

Politically, shelve disputes, unify strategies, combine the two parties and go to the national crisis together;

In terms of internal affairs, all flights are stopped, and international flights will be transferred from Canada to apply for a huge amount of state assistance to airlines from Congress;

In terms of security, a large-scale investigation of all suspicious elements entering the country in a short period of time will be strengthened in law enforcement and security forces in public places;

Economically, the stock market, bond market, foreign exchange market, and futures market are stopped, leaving enough reaction time for the Ministry of Finance and the Federal Reserve;

Diplomacy, a proposal to NATO to initiate a joint defense mechanism under paragraph 5 of the Covenant: if any country instructs this attack, it will be regarded as a military attack on the United States and also as an attack on all NATO member states;

Military, in the name of the commander-in-chief of the three armies, he filed a request for a military counterattack to the House of Representatives...

On September 13, the Secretary of State held a press conference to identify Al Qaeda Ben** as the number one suspect in the terrorist attack;

On September 14, the House of Representatives decided to pass the counterattack decision with a high vote, authorizing the commander-in-chief of the three armies, President Bush, to launch force at any time to crack down on terrorists.

The Republican and Democratic Party in the United States have great differences in ideas. In many cases, the opposition parties oppose the proposals completely for the sake of opposition, which is inefficient.

The United States is an elite governing the country. It can be fought and argued in small matters. However, at the important moment of determining the country's destiny, the Republican and the Democratic Party will always maintain high-profile consistency and significantly improve the efficiency of government operation.

At this point, Bush's Republican government became a "quasi-wartime government", and indeed showed excellent crisis management capabilities and quick action responses, which inspired the people's patriotism.

Under such circumstances, the media and public opinion environment that criticized the overly radical policies of the Bush administration in the past year also changed dramatically.

A large number of TV programs and news reports praise the self-determination and patriotism of government officials, civil servants, policemen, and soldiers. On the two fronts of the "New War", American public opinion is almost one-sided.

The New York Times and CBS TV jointly launched a large-scale poll, and more than 90% of the American people support a retaliatory military strike against al-Qaeda!

The Washington Post, on the front page, provided a theoretical basis for war: "According to the United Nations Act, only if the UN Security Council votes to pass, one sovereign state can carry out military strikes against another sovereign state, such as the past Korean War, Vietnam War, Gulf War, etc. Otherwise, it will be regarded as a military invasion that violates international law."

"When a sovereign state is invaded by another country's military, the country can directly launch a self-defense counterattack to protect sovereignty without passing UN Security Council resolutions, such as South Korea, South Vietnam, Kuwait, etc.."

"The '911 incident' is a long-planned military operation by Al Qaeda, targeting the World Trade Center, the economic center of the United States and the Pentagon. This is the second military strike that the United States has suffered since the Pearl Harbor incident. This time, we don't have to pass the United Nations, this is our sovereign strikeback!"

The New York Post explains the evil of al-Qaeda in a large amount of space. In 1993, al-Qaeda planned a car bomb at the World Trade Center; in 1996 the Quabal Tower attack; in 1998 the car bomb attack at the US Embassy; in 2000 the Navy USS Cole bomb...

At the same time, it also partially quoted the management methods of extremists in Afghanistan: women are not allowed to work, otherwise they will be shot; women are not allowed to show their faces when they go out, otherwise they will be shot; girls are not allowed to read private banned books, otherwise they will be shot; girls are over 8 years old and are not allowed to go to school, otherwise their parents will be shot...

...

Whether it is the East, the West, ancient times, or modern times, the strategy of starting a war is exactly the same.

First, we mobilize the media to explain the enemy's evil and our justice; then we inspire the people, incite the people's hearts, and get the greatest public support; the third step is to get military spending and start the war!

Now, the situation in the United States is very tense. In the media reports, in addition to reporting on the families of the victims and the rescue process, there is a lot of war of retaliatory attacks. It is basically the argument that "those who violate the strong Americans will be punished even if they are far away."

The smoke of gunpowder has been filled with no sight.

The atmosphere of war is getting stronger and stronger.

In just a few days, the Bush administration had won enough public support and won the approval of both parties, waiting for the third step... Approval of national debt, military expenditure, and war!

The waiting time should not be too long.

Tang En had no interest in military affairs and was even more dissatisfied with the war. He was concerned about the stock market, and when would it be restarted!

Before this, what he was most worried about was that he made too much money in the "9/11 incident", which made many media jealous and morally kidnapped.

Now it seems that there is no big problem.

Almost all media have focused on terrorist attacks and future wars, and even many gossip tabloids, which have been very honest during this period.

A wave of positive energy thoughts has emerged in the entire American media industry!

Negative information, almost no.

This is so cool!

All flights are grounded, but private jets can, Scott Swift has returned to New York to preside over the big picture.

Compared to the last Internet bubble burst, this time the short sellers are obviously larger, wider, and invest more money!

Tangen Capital spent a total of US$2.13 billion, using 25 times leverage to short 183 Nasdaq stocks and 124 NYSE stocks.

This is like a huge black hole that will be absorbed in the Nasdaq and the New York Stock Exchange crazy! Absorb! Reabsorb!

This would be a crazy fortune!

Back in New York, Scott Swift immediately changed from an unpopular figure in the past few months to a hot spot!

Although the plane hits the building, the location is still the World Trade Center in Manhattan, what is the disaster for the greedy capitalists on Wall Street?

Disaster is money!

"Donn, I really realize their essence!"

On the phone, Scott Swift couldn't help but sigh.

Tang En smiled, "I know, there must be a lot of financial capital, right?"

"It is human nature to seek profit and avoid harm. I am talking about Wall Street!"

"Oh? What's wrong?"

Scott Swift said slowly: "Do you know? When the terrorist attack came, the financial tycoons on Wall Street were not considering national security or accident rescue, but making money."

Tang En couldn't help but curl his lips after hearing this, "Are you the same?"

He had no feelings for the United States. When the "9/11 Incident" broke out, his heart was still fluctuating and he was sad.

But Scott Swift, a genuine American, can laugh out loud, and is also the nature of a Wall Street wolf.

"Didn't the stock market stop urgently? Is it impossible for bulk futures?" Tang En asked in confusion.

Scott Swift said: "Yes, the US stock market is halting urgently, but there is still Europe? There is also the Nikkei index! This is Manhattan, which involves the global economy."

"Oh? How did they do it?"

"The specific situation...is not clear yet, but I heard some rumors that there were two well-known financial tycoons who were crazy about selling airline stocks."

Tang En nodded, "Yes, the hijacking incident will definitely cause people to have great fear of the plane. It is conceivable that in the next few months, American flights will face the dilemma of no customers, which will affect the people/traffic of international flights. The collective losses of airlines can be expected."

Scott Swift said: "As for the current situation, Tokyo stocks fell 4.8%, London fell 6.2%, Paris fell 11.4%, and Frankfurt fell 12.3%. The airline stocks that have shorted severely have fallen even more. British Airways, Lufthansa, and Air France have all fallen by more than 30%.

Tang En blinked, "What about us? I remember we have also sold out a few airline stocks?"

"There are 3 in total, not many." Scott Swift sighed regretfully, but then laughed, "But it doesn't matter. In addition to aviation stocks, travel stocks and insurance stocks, they will definitely fall sharply! Especially in the insurance industry, the stock price of 30 billion US dollars in huge compensation will have to be cut in half!"

"Oh? How many stocks do we have?"

"14 travel stocks and 25 insurance stocks!"

Tang En's heart was bright.

He pondered for a moment and said, "Now, the global stock markets are waiting for the U.S. stock market to reopen. It is conceivable that the Federal Reserve will take measures to stabilize people's hearts."

Scott Swift smiled disapprovingly: "What can the Fed do? At most, make some adjustments in interest and exchange rates. A small fight will not influence the result of panic selling of investors. In my opinion, this time... without a trillion dollars, it cannot be stopped at all!"

...

The latest news is that the stock market will reopen next Monday, September 17.

This is of course good news for Tang En.

In comparison, STA TV's performance this week was too dull, and the subscription users only increased by more than 20,000.

This weekend, the second episode of "Brothers" was not broadcast as expected, but replaced it with a comedy film produced by Universal Pictures and starring Robert Dronney.

The film was released in October last year and received a total of US$330 million in box office, which is considered a fine product that makes a big profit.

The viewership situation...is not bad, at most, more than 16 million home users were online.

It can be seen that the appeal of movies is greater than that of TV series.

Of course, it is likely that this weekend, many families gave up on entertainment activities and chose to watch movies at home.

This is a turbulent time.
Chapter completed!
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