Hollywood Hunter

Chapter 11.

The results of the day's voting were released, and Bill Clinton easily won with 49% support and a whopping 379 electoral votes.

The other two opponents, Republican Bob Dole, received only 41% of the public vote and 159 electoral votes. The third-party candidate Ross Perot, who once again stepped in to stir the pot but saw his influence plummet, this time received only 8 percent of the vote and naturally none of the electoral votes.

Because it was so logical, the election also saw the lowest voter turnout since 1924, when only 49 percent of the American people voted, and the first time in more than half a century that turnout was below 50 percent.

On the other hand, Bill Clinton achieved a second term and also broke the curse of a Democratic president who had been unable to achieve re-election since Franklin Roosevelt.

Presidential elections in a general election year always overshadow the limelight of changing legislators and gubernatorial contests, and this one is no different.

However, for the American elite, one does not underestimate the other two aspects at all.

Compared to the momentum of the presidential election, the Republicans still held their own in both houses of Congress and gubernatorial elections, and as with the 'pendulum effect' of the midterm elections two years ago, a key reason the Democrats failed to win the same congressional and local elections this time around was the deliberate split vote by large numbers of people.

Since Clinton took office, the U.S. economy has recovered strongly, adding more than 10 million jobs in four years, and the unemployment rate has fallen from nearly 8 percent in the Bush era to 5 percent, the best in a decade. However, the presidential couple's ongoing scandals in their first term have also contributed greatly to voters' struggles. On the one hand, they approve of Clinton's ability to govern, but on the other hand, they subconsciously vote to hold Clinton back in terms of congressional and gubernatorial elections.

More than 13 percent of Clinton supporters, according to statistics from polling places around the commonwealth, have chosen to vote Republican on the congressional or gubernatorial side.Thirteen percent may not seem like much at first glance, but the math is enough to make a radical reversal in many areas.

In short, the United States will also exhibit a tug-of-war split between the White House and Congress over the next four years.

At the same time, to a large extent, also let the Republican Party on Clinton's private material more fiercely pursued, so that in the once history of the zipper door scandal, once again staged U.S. President suffered impeachment spectacle, and even later Vice President Gore involved in the presidential election, in order to avoid being implicated, deliberately avoid the apparently seamless cooperation of eight years of Clinton, do not let each other for their own electioneering.

The day after the election results came out, it was the capital markets that first gave the most immediate feedback.

Bill Clinton's re-election obviously means that the economic policies of the past few years have been sustained, so it is a big positive, on November 6, the day, the Dow Jones index rose 1.5%, and even more impressive Nasdaq, a one-day gain of 2.1%, from the opening of 5315 points soared to 5426 points.

The two leaders on the New York Stock Exchange and Nasdaq, Daenerys Entertainment and Ygritte, both hit new highs in market capitalization as a result.

After crossing $500 billion in mid-October, the market capitalization of Daenerys Entertainment was immediately volatile, once again returning to the $400 billion range, but on Nov. 6, relying on a 1.8% one-day gain, the market capitalization of Daenerys Entertainment Group eventually reached $526.3 billion at the close of trading that day.

Even more eye-catching is Ygritte.

Chapter 11.

The U.S. stock market looks like it's still crazy.

After the election, overtly and covertly, many have begun to operate around the U.S. stock market, with a natural focus on the Nasdaq tech sector.

New York.

It was Friday evening, November 8, at a mansion in the affluent Lattington neighborhood on Long Island's North Shore, about 30 miles from Manhattan and across the sea from Greenwich, where a reception was being held to celebrate the election of a Republican congressman from New York State.

Richard Mellon Scaife, who had recently appeared more active in East Coast political and business circles, arrived early, skillfully socialized with each of the pre-determined guests with a certain amount of solicitation and probing in his words, and quickly transferred with the most important contact target of the evening, Julian Robertson, to a study room specifically vacated by his hosts.

For the past month or so, for the first time in his life, Richard Mellon Scaife, the proud and domineering Richard Mellon Scaife, who had been smooth and domineering for decades since his birth, had been thunderstruck for a while after his private attempts to give some young mogul an eye drug had failed, and then the threats from the other side.

Scaife didn't throw out those scoops after a stern warning at a family meeting hosted by an uncle himself, but also insisted on not shutting down the Pittsburgh Tribune-Review against family pressure. All kidding aside, how can a $50 million newspaper just shut down? Not even if the family said they could give him some compensation.

The Mellons haven't been this lame for two hundred years.

Despite the tough attitude and not even a single phone call of apology demanded by my uncle, things were going pretty well.

And that's par for the course with Skef.

Two years ago, Simon Westeros went to war with the Hearst family, ultimately leaving the Hearst family greatly wounded, in fact, has caused many old money families in the United States to be wary. If that young man goes tit-for-tat with the even more entrenched Mellon family over a small matter this time, it's hard to say that the traditional capital forces throughout the Commonwealth will have to unite to avoid being constantly ridden over the head by this ungrateful new money descendant.

However, although through this hurdle, but as the federal top old money family children, the past few years because they do not like Clinton and dropped a few million dollars to make the other side of the gray face of Richard Mellon Scaife then the more you think about it, the more you can not swallow, so this period of time frequently in the East Coast in various conservative old money circles to secretly pull together series. After all, even though the Westeros system is growing at a miraculous rate, the core political and business system of the current United States is still in the hands of traditional capital.

Scaife has reshaped his own experience from a month or so ago to say that, no matter what, the Westeros system cannot be allowed to continue to expand.

After some patient research, Scaife first set his sights on the Nasdaq market.

As soon as the new tech bubble is burst, the series of new tech giants that are the core of the Westeros system's assets are bound to be severely impacted, and even Simon Westeros's personal assets will shrink significantly.

Inside the study.

After a brief exchange of pleasantries, Scaife took out a document and handed it to Julian Robertson, the head of the Tiger Fund, and said, "Julian, this is a press release from a financial journalist over in Boston that was suppressed some time ago, and I know that the Tiger Fund has been bearish on technology stocks, so perhaps, this article could be a good breakthrough. "

Julian Robertson took the information release and couldn't help but frown slightly at the mere sight of the statement.

--Astonishing Conspiracy, Ponzi Scheme of the Internet Industry!

As a professional veteran Wall Street fund manager, Julian Robertson scoffed at this kind of article that was suspected of being claptrap at the first glance of the title, but since it was delivered by Scaife, he read on patiently, and then his expression grew more and more serious.

Ponzi scheme, to put it simply, is the framer to high returns and high interest rates as bait to deceive investors funds, share the proceeds at the same time, with later funds to continue to repay the principal and interest of the previous accounts, to repeat the cycle until unsustainable into collapse.

Scaife's article describes the Internet industry as a 'Ponzi scheme' on a grand scale.

It is obvious that the article has been repeatedly processed, both cases and data are detailed, and pointed directly at the current popularity of the three most popular technology giants of the Westeros system, that at this stage of the serious bubble in the field of new technology, is entirely Cisco, AOL and Ygritte three companies through a common public opinion campaign and a set of similar Ponzi scheme chain of interests, tied countless investors and ordinary users in a seemingly "ponzi scheme". The prosperous Internet chain.

And in reality, this industry is worthless and will only eventually collapse.

Beyond the overall conclusion, the article gives very detailed arguments and notes, taking Ignite as an example, a company that continues to swindle money from a variety of investors and entrepreneurs who have been deceived by public opinion through expensive monopolies such as Internet infrastructure software, cloud computing and online advertising, resulting in a revenue stream that has been growing at an extremely high rate in recent years.

On the other hand, IGRT has continued to attract hundreds of millions of Internet users through its portal, email, social network, video site and other seemingly free online businesses that consume a large amount of the public's time, and through America Online's illegally subsidized and low-cost access fees.

In order to continue this false prosperity, Ygritte has also opened up payment channels that also rely on heavily Ponzi-subsidized online outsourcing platforms, video site ad shares, and other payment channels that do not actually bring stable jobs to society, further deceiving users into producing content for them.

The result of this Ponzi scheme is a false prosperity in which three Westeros companies now account for 20% of the total market capitalization of the NASDAQ.

Underneath this false prosperity, more and more startups that were deceived into investing in new technology markets are becoming unsustainable after burning all their money in the Westeros Trio's profit chain, and most of them are far from getting the returns they thought they would get.

Julian Robertson read the entire article carefully and quietly exhaled a sigh of relief.

If not for a detailed study of the Internet industry, Robertson almost had to believe this logical and full of conspiracy theories that could easily inflame public sentiment. As you can imagine, once this article is released, it will be an absolute super bomb for the Internet industry, which has peaked to a crumbling point at this stage.

Richard Mellon Scaife waited for Julian Robertson to read the article, closed his eyes for a moment of contemplation, and asked, "So, Julian, what do you think?"

"You can incite the public, but you can't fool smart people."

The criteria for judging whether a new industry is a bubble or not is really quite simple: whether it creates wealth.

At the heart of a Ponzi scheme is drumming and a sort of zero-sum game, where someone makes as much as they lose.

The Internet is clearly not, and in the case of Ygritte, however Ygritte's matrix of basic Internet tools and software, or its increasingly vast cloud computing services, or even its portals, social networks, emails, etc., are all wealth created by the labor of millions of people, including a lot of intellectual property and digital assets.

These may not be well recognized in emerging countries, but for the developed West, they are wealth.

Therefore, even if there is a bubble, the Internet itself is a platform that can bring changes to the work and lives of millions of people.

Julian, all we need is 'public incitement' as an outcome, isn't it? At this stage, the retail size of the federal stock market has reached its highest in decades, and after this article is thrown out, as long as it can cause panic and a stampede effect, the Nasdaq is bound to collapse, and the Tiger Fund will definitely be able to make a lot of money by laying it out in advance."

Julian Robertson had just heard another guest at the cocktail party also gossiping about the reasons for Scaife's recent activity, and at this point didn't dwell on the matter, considering for a moment and shaking his head, "Not enough, or not enough."

"Of course, I know it's not enough," said Scaife, "So, Julian, I'm hoping we can join forces and use our contacts together to push for a Fed rate hike, and also, over at the Justice Department, even though everyone knows the White House and Westeros wear the same pants, it's not like we're not operating without our The margin, if we can split up Ygritte, with multiple positive incentives, the Nasdaq will absolutely go into collapse."

Julian Robertson listened to Scaife and deliberated for a moment again before asking, "So, Charlie, what do you want me to do?"

Scaife said, "Using your contacts, of course, we'll push this together, avoiding our own problems and ultimately profiting together."

Julian Robertson rubbed his fingertips slowly over the document paper leaves on his lap and said, "The Ygritte antitrust case is still in the investigation stage, and with the White House's position, it's unlikely that there will be any results in the near future."

Scaife thought about it and said, "Then find someone to release some news at the right opportunity, such as finding the key evidence of Ygritte's alleged monopoly, the split is inevitable, and so on and so forth, this matter is easy."

Julian Robertson nodded.

They discussed some more details, ended the conversation, left each other's contact information, and were about to walk out of the study together when Scaife remembered something else and said to Robertson, "Julian, I know you and Soros are good friends, and Soros is very close to Simon Westeros?"

Julian Robertson waved his hand, "Don't worry, it's business, I won't say anything I shouldn't, and George's mind is not in the Union these days."