Chapter 1531: Chapter 597: Earth-Shattering Scandal (Revised Edition)_2
Yan Fei nodded and said, “I will.”
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Upon unexpectedly learning about the intelligence on the historical activities of the Destiny Organization, Yan Fei started to ponder how to find the operational base of the Second Generation Destiny Organization, the behind-the-scenes mastermind on Earth. He was now eager to eliminate this mastermind. As long as the mastermind was taken out, it’s very likely that the next Destiny Organization wouldn’t erge for another two thousand years, and he would enjoy two thousand years of freedom. However, this was predicated on him being able to live for two thousand years.
To achieve this goal, Yan Fei even postponed his entry into the Dreamland Cave World. He constantly gathered data on the Internet outside, hoping to find traces of the mastermind’s whereabouts through bits and pieces of information. However, after being busy for a while, Yan Fei still ca up empty-handed.
Just as Yan Fei was about to give up searching, an explosive news story suddenly appeared in the dostic newspapers of The United States of Arica. An anonymous source claid that the current senior President of the U.S. had manipulated the stock market fluctuations to make his family-controlled offshore shell companies earn substantial profits, and it was the vast majority of Arican stock market investors who suffered the losses.
According to this whistleblower, the senior President had started scheming in the U.S. stock market early on, continuously using tweets to influence stock prices. Most of these tweets were negative news, and due to his special status, once these negative ssages were released by the President, it would cause market panic, and then the U.S. stock market would experience a sharp decline.
The family behind the U.S. President established several offshore shell companies in the Cayman Islands, funneling family funds into these companies to trade in the dostic market. Every ti the U.S. President released panic-inducing news, the U.S. stock market would plumt, and these offshore shell companies would sweep in to buy quality company stocks at rock-bottom prices.
Once these offshore shell companies acquired enough chips, the U.S. President would then release so positive news regarding trade and tariffs. This was not only to trumpet his own accomplishnts but also to boost stock market confidence and drive up stock prices. Stimulated by this good news, the U.S. stock market would then see a series of sharp increases, and the offshore shell companies would in turn sell the low-priced chips they held at high prices.
After the offshore shell companies earned high profits, the U.S. President would imdiately turn hostile, forcefully reversing all agreents previously made with other countries, causing everything to return to square one. Then the President would once again post panic-inducing ssages on social dia, causing another wave of market panic, making the U.S. stock market enter a downturn. The offshore shell companies behind him would again act, buying in at low prices, acquiring nurous quality chips, and then the President would repeat the previous manipulation to control the rise and fall of the U.S. stock market.
Due to the precise control by the U.S. President, although the U.S. stock market experienced significant fluctuations, the overall trend was still upwards. Because of the rising stock market, nobody noticed the President’s trickery. Even before the U.S. and Dream Island officially fell out and declared war against each other, the U.S. stock market had even reached a historic high.
The U.S. President shalessly took credit for the stock market’s rise, claiming that he had created imnse wealth for the Arican people. But the reality was that most Aricans had been wiped out by the volatile stock market, burdened with heavy debt, while the President and his family behind him made a fortune in secret.
Up until the outbreak of war between the U.S. and Dream Island, the offshore shell companies behind the President had already made huge profits in the turbulent U.S. stock market. According to the whistleblower’s estimates, the President and his family had amassed a vast fortune exceeding fifty billion US dollars from these counter operations.
This was a shocking scandal against the U.S. President, and as soon as it broke, it caused an uproar within The United States of Arica. Everyone suddenly realized that ever since the President took office, there had indeed been nurous abnormal fluctuations in the stock market, which caused heavy losses for the retail investors. Although the U.S. stock market had hit its historical high, making it seem like everyone involved in the market had made money, in reality, the investors were bleeding money, and it was the market manipulators, led by the President and his family, who were the real winners.
Initially, people thought they lacked the skill to seize financial opportunities to get rich. However, it turned out that the rise and fall of the stock market had nothing to do with their skills, because the market was not normal at all; it was controlled by the U.S. President. Ordinary people were just cash crops in the eyes of the market manipulators led by the President, reaped over and over again.
Prior to the revelation, the Arican people were unaware of these secrets, and they supported the President in various ways. Now it seed that the President was just acting all along, and his seemingly incoherent speeches had a very clear purpose. The President had never taken seriously the various conflicts with other countries; he simply used these conflicts as weapons in his hand to reap profits from U.S. stock market investors.
From the whistleblower’s exposé, it was evident that the U.S. President, by continually posting inexplicable statents on social dia, was not aiming to resolve trade frictions or even to pressurize other countries for the benefit of the U.S. His real goal was just one—the control of the rise and fall of the U.S. stock market.
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