The richest man in the magic city

Chapter 382 Citi Institutions Closed

On the Internet, countless netizens left crazy comments on Fang Xiaoru's Weibo.

"Fuck! This is a good pretense, I give full marks!"

"666, set a small goal first, for example, make one hundred million first, hahaha, thief Nima Sao."

"Pretend to be like the wind, always with me. Fang Xiaoru has realized the highest state of pretend."

"Wrong, he is not pretending to be forced, first earning one hundred million, for him is really just a small goal."

Time passed quickly, and another week passed.

This week, the global stock market experienced severe volatility again.

A financial turmoil started from Citigroup, and then swept through the world's major developed countries, and China was also affected.

These days, Citi’s stock market has completely collapsed, large-scale unemployment has begun to break out, and the economy has plunged into the depression of 2008.

The entire Citi economy collapsed in just a month or so.

Citigroup’s major consortia have successively invested 10 trillion Citicoins, but they have not even seen any splashes. There is no way to restore the current bad situation.

Later, WHITEHOUSE became anxious, and when he was forced to do so, he took a strong dose and once again smashed 10 trillion Citicoins into the market.

The successive entry of 200,000 Citicoins, coupled with the outbreak of the financial crisis, instantly led to unprecedented inflation in Citigroup.

High prices, coupled with the increase in the business crowd, many Citizens began to live the life of receiving institutional relief.

But more people choose to commit suicide because they can't stand this kind of day.

Just today, at nine o'clock in Citigroup time, WHITEHOUSE officially announced that the organization was closed.

This news broke out and immediately detonated the world.

Everyone talked about the suspension of Citigroup, and most of them were gloating.

Experts predict that this financial crisis will become the most intense crisis in Citi's history.

It will take five to ten years to restore this situation.

And by then, Citi's economy may go backwards by about 15 years.

In other words, Citi's economic dominance may become history.

Before that, no one could have imagined that this financial crisis would have such a big impact.

Affected by the Citi financial crisis, European Geely countries, France, and Australia have all experienced shocks to varying degrees.

But the most influential ones are Fusang and China.

These two countries have the most frequent and close financial transactions with Citigroup. As of today, Fusang’s stock market has evaporated nearly 8 trillion Citicoins, causing extremely heavy losses.

Many formerly wealthy entrepreneurs went bankrupt, and many industries began to slump.

However, under the macro-control of the institution, coupled with sufficient funds from the national treasury, China Xia barely suppressed the financial crisis.

Institutions have paid a lot, but private enterprises have suffered very little.

At the Fed's shareholders meeting, all the heads of the top ten consortia attended.

Today’s meeting is to discuss how to alleviate and stop Citi’s continuously collapsing market.

However, they discussed and discussed, but they did not discuss a good way.

Finally, Mister, the head of the first consortium of Phoenix, became angry. He slapped the table, pointed at the old Mortis, and glared:

"The source of all this lies with you! If you didn't contact WHITEHOUSE privately and sanction the World Group, there would be a financial crisis!"

Old Modis was originally sad because the funds of the consortium continued to evaporate. He could not bear the words of his competitor for a lifetime. He also slapped the table and said, "Don't buckle the hat. The financial crisis broke out. What does it matter?"

"Haha, it has nothing to do with you?" Mister chuckled, looked at Old Mortis contemptuously, and said clearly:

"At the beginning, it was because you wanted to sanction Oneworld Group that caused him to withdraw from the Citi market. His withdrawal from the Citi market immediately caused panic among international investors, making them think that Citi's policies are not friendly to foreign investors.

Immediately afterwards, the two old guys, Roster and Antonio, did not know what was going crazy, and evacuated all their assets from Citigroup.

The combination of these two things completely made international investors panic, so they began to withdraw one by one.

In the end, a herd effect was formed. Due to herd mentality and insecurity, everyone withdrew their capital.Citi's stock market collapsed like this.

And the source of all this is because you forced away the Universe Group!"

Mister's logic is very clear, and the sentence is reasonable, so that old Mortis can not refute, but he is willing to carry such a pot, sophistry:

"I just want to sanction the World Group and teach Fang Xiaoru a lesson. Who would have thought that he was so tough and gave up a market as large as Citigroup."

Mister glared at Old Modis, and said: "It doesn't matter what your purpose is, what's important is that the source of all this is caused by you!"

People from the other eight consortia and officials of the Federal Reserve also accused Lapi Modis.

Old Mordis was speechless, unable to quibble, his angry face turned pale, and his whole body was shaking.

He regrets it now.Knowing that Fang Xiaoru would be so tough, he would give up the world's second largest mobile phone market, and finally led to this financial crisis.Then he would never choose sanctions to suppress him because Fang Xiaoru refused his cooperation.

But what is the use of regret now? The financial crisis has broken out and Citi's economy has begun to depress.

Nothing can be done again.,, ..