Life At The Top Chapter 1868

The first decision made by the Federal Reserve was to increase interest on savings and then to reduce
the proportion of deposit reserves that commercial banks needed to pay to the central bank.

In order to ensure the security of savings, all banks would need to pay an amount the central bank
based on the amount of savings they owned. This money was used to ensure that they could at least
deal with large-scale withdrawals by customers.

The first of the two methods of the central bank was to reduce the proportion of savings customers
withdrew. After all, with the interest rate increasing, holding money in the bank could generate more
interest.

The second measure was to relieve the pressure on the bank.

However, at this time, the continued collapse of the subprime market caused the chain problem of
overdue personal credit to escalate.

On the one hand, the bank had to face the customers who deposited their savings with them
withdrawing money from the bank. On the other hand, all the money lent by the bank could not be
recovered after the due date.

Therefore, the United States banking industry was in utter chaos.

Soon, the subprime mortgage crisis finally began to cross the border. It crossed from the financial world
to the banking industry.

These two closely related and interdependent industries finally realized just how intimately
interdependent they were.

With the large-scale shrinkage of real estate combined with overdue personal credit, the banking
industry of the United States ushered in the cold winter.



And the initiator of all this, standing at the command center of Nauritus City at this moment, had
already begun the next step of the plan.

“Secretly build positions in high-tech companies United States, such as Apple, Weresoft, Qualcomm,
General, Amazon, and Oracle.”

Jasper gave orders to Jake and the team.

They had been in this financial war for so long and the difficulty of the process was beyond words, but
now, Jasper had finally reached the harvest time he thought was appropriate.

“Affected by the subprime mortgage crisis, the entire United States stock market has fallen into a
downturn, with negative trends over the past 20 consecutive trading days. Most of these companies
stocks are now at historically low values. This is the best time for us to enter the market.”

Jasper took a deep breath and said with a serious expression, “The people of the United States had
been ahead of us over the past few decades, and even centuries. Now, we finally have an opportunity
to devour the accumulation of technology in the United States over the next 20 years. These
companies are the real future.”

Jake was excited. As he was about to

speak, the team’s intelligence collector

reported an update.

“The United States Securities Regulatory

Commission announced the extension of a

n index futures settlement cycle. The



futures settlement originally scheduled

for tomorrow will be postponed to the end

of this month.”

Jake was taken aback when he heard the

words. Then, he yelled.

“Do those scoundrels from the United

States not want to keep their last trace of

dignity? Are they really that shameless?

“Back when Soros gathered harbor

stocks, the Harbor City government never

thought about adjusting the stock index

settlement cycle even when they were in

such a difficult period. If those guys from

the United States could defeat them, they

would be allowed to take anything they

wanted, but now these punks from the

United States are doing this?”



The so-called stock index settlement cycle were actually the same concept as futures.

Futures trading was cyclical, and usually

monthly. For example, delivery orders in

July were usually paid in September.

When the time came, either you took the

money or the goods away.

When JW Foundation invested in the

subprime market of the United States for

short trading, what they actually did was

short the index of the subprime market..

Now that the subprime market had

plummeted, Jasper had won.

According to traditional reasoning, he

could now withdraw cash from the

subprime market and take away the

profits according to the amount and

quantity he had shorted in this settlement



cycle.

This was a profit of hundreds of billions of US Dollars. It was also profit that all of Somerland

capital was looking forward to.

Everyone had paid so much effort and

taken such a huge risk, but what were

they after?

Wasn’t it still interests?

However, when the final settlement day

came, the United States government was

acting as if this whole thing had never

happened.

There would be no settlement!

“Why are you in such a hurry?”

Jasper frowned and said to Jake, “It’s just

a postponement. They have to settle it

unless they want their entire financial

system to collapse.”



Once the United States shed all pretense o

f cordiality and made it clear that they

would not settle, the United States’

national financial credit would disappear.

When others came to their gaming table t

o play, they would take both principal and

interest once the player lost. However,

when the players won, they would flip the

table over and refuse to admit defeat.

Even the stupidest gambler in the world

would not play with such a country.

They would be digging their own grave if

they were isolated by the global financial

community. Hence, the United States would not do

this. No other country would do so either.

Hence, the United States’ postponement

was just a disgusting move in Jasper’s



eyes.

“Let them postpone it then. They can

postpone it once, but they can’t postpone i

t a second time. We will proceed according

to our original plan for now.”

When Jasper was talking, the phone rang.

He glanced down and then walked to his

office.

“This is Jasper.”

After answering the call, Jasper said

directly.

“Layman has gone bankrupt, can we

come back now?”

Henry’s relaxed voice came from the phone.

“Sure, come back. You completed this

mission very well.” Jasper laughed.



Henry chuckled and replied, “I think I was

just passable. It’s actually all thanks to

Connie.”

Conrad’s cold grumbles came from the

phone. He was clearly unhappy with the

new name Henry had given him.

Jasper was about to speak after he let out a

laugh, but Henry was one step ahead of

him.

“Right, I got some news. Even though I

don’t know how true it is, I feel it’s better t

o tell you in advance.”

Henry did not keep Jasper on tenterhooks.

He continued, “Do you remember that c*n

t Fabian? He’s been staying low-key for s

o long, but today, one of my boys saw him

leaving Harbor City in a plane. He’s



heading to the United States.”

Jasper narrowed his eyes and said, “The

Atticus family has business abroad too, so

it’s not strange for him to go to the United

States, no?”

Henry chuckled and said, “What’s strange

is that he’s taking the W. Langdons’

private jet and Kennedys’ on board!

“Those two sons of b*tches are not good

people. Plus, there is another son of a b*

tch who’s suffered a painful loss in the United States. Say, do you think those three sons of b*tches will
get together and do something?”

Jasper was slightly stunned, and then his expression gradually turned solemn.

“What you said is possible.”

“Right? I think so too.”

Henry said, feeling pleased with himself, ” I don’t know much about your businesses,

but I’m familiar with gang fights!



“Those who are scared of my attacks will most likely gather together to seek warmth. They might just
counterattack when they muster enough courage!

“So, do you think those three c*nts are doing exactly that right now? That’s why I figured I should tell
you in advance.”

About Life at the Top -

Life at the Top is the best current series of the author Cold Night. With the below Life At The Top
Chapter 1868 content will make us lost in the world of love and hatred interchangeably, despite all
the tricks to achieve the goal without any concern for the other half, and then regret. late. Please
read chapter Life At The Top Chapter 1868 and update the next chapters of this series at
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