Rebirth Of The Godly Prodigal

1251-1260

Chapter 1251: This Is a War!

While Tang Muxin and Li Nianwei kept busy among themselves, on the other side, Hong Dali was thinking over something else.

About the stock market crash forming a stock disaster this time.

As Hong Dali did not come back during this time, he didn't know much about the stock market crash. After he met GM Ren, he began to find that something was really wrong.

"Ordinarily, a stock market should not be worth a 2,000 Achievement-point reward." Hong Dali touched his chin. "How can this be salvaged? Pull up the index? Or make the stock price go up? Or stabilize the entire market? Or what? Something feels wrong somewhere. Although I didn't trade stocks in the past, I've never heard of the stock market plunging in this manner."

It was no wonder he was curious. This stock disaster was obviously manipulated, and he was almost certain that it was done by the gang leader. But no matter what, there was no need for the gang leader to mess up things in the place he lived. Unless there was a bigger agenda to it?

"Dali, quick. I found something very wrong." As he thought about it, Gu Feifei walked out of the room. Once she saw Hong Dali, she lifted him up and went to the computer. Gu Feifei pointed at the K-line stock graph and said, "It's obvious that there's more than meets the eye. Someone must have secretly manipulated it!"

"Of course someone is secretly manipulating it. I'm almost certain that the leader of the Black Dragon Gang is behind it." Hong Dali nodded, then said, "Then? What will happen?"

"Then, I can tell you responsibly that the consequences are dire." Gu Feifei said slowly and sternly, "Do you know how much market value has fallen in the stock market in just a few days?"

"How much?" Hong Dali stared with his eyes wide open.

"Nearly 20 trillion!" Gu Feifei said, "I checked online, the total GDP a year for this country is only a little over 10 trillion. But the stock value fell 20 trillion in just two weeks! What concept is this?"

"F**k!" Hong Dali couldn't help but swear. "Why haven't I noticed this before? It seems really serious now!"

"Rubbish, that's not the most serious!" Gu Feifei leaned on the sofa and said grimly, "Do you know what will happen if the stock market crashes? Remember I told you about the leverage funding forced to close?"

"Yes, right. Then?" Hong Dali asked.

"Leverage funding forced to close, a large number of stocks being sold causing a huge sell-off, which directly leads to the stock market's plunge and liquidation of financing orders." Gu Feifei said, "Once there is a crisis in financing orders, the stock market will continue to plunge due to a chain reaction. In fact, when the leverage fund plunges, the losses are personal and they will be forced to close. The real danger is when these people cannot even go into liquidation, what do you think will happen?"

Cannot go into liquidation? This...

"I've never thought of this. What will happen?" Hong Dali asked, "Economic crisis?"

"Bad debts in the bank will appear when they cannot go into liquidation. Simply put, they will not be able to collect back a large number of debts." Gu Feifei nodded. "When they are unable to collect these debts, one has to mortgage something when they take a loan, right? I did a check. The easiest thing to mortgage is property. The bank will sell these properties in bulk. How can ordinary people purchase so many properties? Property prices will fall rapidly. If the properties cannot be sold, the bank cannot collect back the money. It's simple. Even if one has money, they cannot withdraw money from the bank. Do you still need me to elaborate?"