Chapter 368 (1/2)

The frost outside the world is like the end of the day, and homeless people are wandering on the streets. In order to fight for the ownership of the hogwash bucket of the hotel kitchen, some people even take out a knife to fight for the life and death.

People who live in the upper class still have parties, wear expensive gowns that ordinary people can't afford with a full year's salary. They are talking, drinking and singing in the golden banquet halls of Waldorf, roston, Ritz Carlton and Roosevelt hotels.

Sitting in the car back home, I watched two tramps stab each other's chest with rusty ”iron bars” in order to fight for a piece of moldy bread. Until the blood flow was good, they put the blood stained bread into their arms and ran away in a panic.

Maybe he has children to support, maybe he has family members, maybe -

everyone has a reason to live. Whether they are winners or losers, their mood is the same, sad, confused and painful.

But this is the reality, the cruel reality forever.

Human beings are forgetful creatures, and time is the best remedy. The tulip bubble in the

17 century, the productivity crisis of Y in eighteenth Century, and the financial crisis in 1895 and 1899.

In 1900, 1907, 1914 and 1921, there were still financial crises in Europe and America.

But people will never learn, just as people in the future will not learn from the great depression.

Those smart guys just need to take the old routine of centuries ago, repackage it, and put it another way

Look, a new miracle is born.

The most interesting thing is that the financial crisis is like a vicious circle, and it comes back every few or ten years.

People began to complain, resenting the institutions or some people who caused it, or blaming the government for everything.

Then they tighten their belts, cut back on spending, and look for ways to save money and have fun in a bad economy.

When it leaves, the world suddenly opens up. In a few months to a year or two, it will be forgotten by 99% of the people.

A small number of these people are still alert and waiting to see the economy recover, take off, go crazy, and finally fall into the harvest season.

At this time, their pocket money will increase by hundreds, tens of millions of dollars.

Standing in the luxurious office of skyscraper, through the wide glass curtain wall, overlooking the ants under the feet to open champagne to celebrate the wonderful victory.

Livermore is one of them. His success in the stock market crash has made him an ”Idol” by many Wall Street stockbrokers

But now the idol is in great trouble. After the great depression, his actions in the stock market will end in failure.

The original huge value of a billion dollars fell to less than 30 million yuan, and he was deeply trapped in the mud of money.

The more he failed and the more he paid, the less willing he became. There was always a voice saying, ”you will do miracles again, maybe next time, again.”

Typical gambler psychology, let him gradually forget experience, forget risk, his operation also became blind and hasty.

As a result, millions and millions of money fell into the stock market. In addition to causing ripples, the rippling water spray soon returned to the dead.

He has too many stocks in his hands, and as the situation worsens, his value is also constantly shrinking.

By the time Livermore wanted to stop, it was too late.

His wealth comes from his success in stocks, but it is also stocks that have brought him down to the cloud.

An old-fashioned curse is that people always fall down in the field they are good at and can't get back from it.

This reminds Li Zitao of the old stem in the previous life network, ”all the drivers who overturn are old drivers.”

As for where his money went, Li only knew that Wells Fargo had made $60 million from it.