I lost my vegetative state, and I became the richest man in the world
Chapter 1165 Black Week 1!The stock market crash shocked the world! !
end of July.
The domestic college entrance examination marks are over.
At the beginning of August, all provinces and cities in China announced the admission scores for technical secondary schools, junior colleges, and undergraduates.
In mid-August, the admission of the college entrance examination is over.
Among them, the three universities invested by Imperial Group in Xiangjiang, Eastern University, Eastern University of Science and Technology, and Xiangjiang University of Science and Technology, have respectively admitted about 1 to [-] first-year freshmen in China.
It can be said that the number of admissions is very high.
In addition to the great influence of the Imperial Group, Xiangjiang is still very attractive to domestic students, and many majors admitted by these three universities are very popular.
As a result, there are really many candidates who apply for these three institutions of higher learning.
However, for nearly 2 million college entrance examination candidates in China, these three universities only admitted more than [-] people. It can be said that the admission rate is very low, and they belong to the best among high-quality students.
Except this.
For example, the three universities on the Haojiang side, East Asia University, East Asia University of Science and Technology, and East Asia University of Science and Technology, were invested and established by He Xian, the Ma family and the Cui family before his death.
Among them, Yang Ming also donated a large sum of money on behalf of the Yang Ming Foundation.
Compared with Xiangjiang, Haojiang has fewer candidates, so these three Haojiang universities will also admit some freshmen from China.
In addition to these.
Yang Ming invested in more than 30 vocational colleges including Huicheng University, Huicheng University of Science and Technology, and Longchuan in his hometown, which have trained many talents for the country over the years.
1987 9 Month 1 Day.
Xiangjiang University officially opened.
this day.
Yang Ming took the time to come to Dongfang University and gave an opening speech for freshmen.
1987 9 Month 2 Day.
Yang Ming found time to come to Eastern University of Technology again. In addition to giving an opening speech for freshmen, he also gave them a class in person.
1987 9 Month 3 Day.
When Yang Ming came to Xiangjiang University of Science and Technology, he not only gave an opening speech for freshmen, but also talked with them about the development of future science and technology.
. . .
Time passed quietly.
In a blink of an eye, it came to February 1987, 9.
As in previous years, Yang Ming took a private plane to Yanjing in advance on this day this year.
Not only to participate in the National Day in 1987, but mainly to meet the old gentleman.
On this day, apart from Zhong Chuhong, who was raising her baby, resting and raising her baby in her villa in the middle of the mountain, Lan Jieying was now following her.
It was also the first time for Lan Jieying to follow Yang Ming to Yanjing.
Before that, she had been to the Asian Film and Television City in Yang Ming's hometown to shoot a TV series. Even so, she was still very curious about China.
this morning.
11:30 a.m. Yanjing time.
Yang Ming's private plane landed safely at Yanjing International Airport.
When Yang Ming got off the private plane and came to greet him, besides Tang Yun, Zhou Kaixuan and others, there were also Mr. Jiang, Mr. Xi, Mr. Rong, Mr. Shen and others.
Regarding Yang Ming's acquisition of Huifeng Bank a few months ago.
At that time, not only Mr. Rong was shocked for a long time, but the old gentleman and others were also very shocked when they heard about it.
Only Yang Ming and the Imperial Group could swallow up so many important companies in a row in the hands of British capital.
Yang Ming, Mr. Jiang, Mr. Rong, Mr. Xi and others shook hands and greeted each other.
Didn't stay too long at the airport.
When Yang Ming got into the car, he left here and went to the Oriental Mandarin Hotel.
1987 was the era of domestic entrepreneurs.
In addition to more and more people starting their own businesses, historically, this year, like 1984, saw more and more entrepreneurs appearing.
However, to Yang Ming, there didn't seem to be much difference.
Before the National Day comes.
Yang Ming met the old man several times.
On the National Day, Yang Ming participated in the National Day activities normally.
Then on October 1987, 10.
Yang Ming left Yanjing and flew to Shencheng.
In Shencheng, I witnessed the Pudong New District undergoing tremendous changes.
1987 10 Month 7 Day.
Yang Ming left Shencheng and flew directly back to Xiangjiang.
. . .
Ten days later.
The time came to October 1987, 10.
This day is Friday.
The New York stock market fell more than 91 points (about 5%) on the day after hitting new highs in the summer.However, due to the time difference, the east coast of country M opened later than other major financial markets. When the New York stock market plummeted, other markets were closed and were not affected. Even the Toronto stock market, which was synchronized with the New York stock market, was not affected.
1987 10 Month 19 Day.
Monday.
On that day, global stock markets plummeted under the leadership of the Dow Jones Industrial Average in New York, triggering panic in the financial market and the ensuing economic recession in the late 1980s.
In just 3 hours, the Dow Jones Industrial Average fell 508.32 points, or 22.62%.This means that the stock in the hands of the shareholders has depreciated by more than 5000% within a day, and a total of [-] billion U.S. dollars disappeared, which is equivalent to one eighth of the annual gross national product of country M. The property evaporated instantly.
Immediately, panic spread to other regions outside of country M. On October 10, the stock markets in London, Tokyo, Hong Kong, Paris, Frankfurt, Toronto, Sydney, Wellington and other places also fell.
Over the ensuing week, panic intensified.
On October 10, stocks on the Tokyo Stock Exchange fell by 20%, setting a record for the Tokyo Stock Exchange.
10月26日恒生指数狂泻1126点,跌幅达33.5%,创香江股市跌幅历史最高纪录,将自1986年11月以来的全部收益统统吞没。
Echoing this, the stock markets in Tokyo, Sydney, Bangkok, Singapore, and Manila also fell.
As a result, the news of the collapse of the Asian stock market was sent back to Europe and the United States, causing the stock markets in Europe and the United States to plummet.
据统计,在从10月19日到26日8天内,因股市狂跌损失的财富高达2万亿美元之多,是第二次世界大战中直接及间接损失总和3380亿美元的5.92倍。
Merrill Lynch's economist Wachtel therefore called the stock market crash on October 10 and 19 "an out-of-control carnage."
The October 1987 stock market crash first affected, as in 10, the wealthy.Among the 1929 richest people in country M published in Forbes magazine on September 9th, 15 names were erased from the list.
On October 10, Sam Walton, then the world's richest man, lost $19 billion.
What is even more tragic are those ordinary people who have invested their life savings in the stock market. They originally hoped to take advantage of the bullishness of the stock market to earn some retirement money, but within a few days, their life savings disappeared in the falling stock prices.
The shock of the stock market has just eased, and social and economic life has fallen into panic fluctuations again.
Banks went bankrupt, factories closed, companies laid off workers, and the tragedy that happened in 1929 was repeated.
Fortunately than in 1929, the country M's economy maintained a relatively high-speed growth at that time, and the stock market crash did not lead to an overall economic crisis.
However, the stock market crash still hit the country M's economy hugely, and it was followed by a long period of stagnation in the country's economy. (end of this chapter)
The domestic college entrance examination marks are over.
At the beginning of August, all provinces and cities in China announced the admission scores for technical secondary schools, junior colleges, and undergraduates.
In mid-August, the admission of the college entrance examination is over.
Among them, the three universities invested by Imperial Group in Xiangjiang, Eastern University, Eastern University of Science and Technology, and Xiangjiang University of Science and Technology, have respectively admitted about 1 to [-] first-year freshmen in China.
It can be said that the number of admissions is very high.
In addition to the great influence of the Imperial Group, Xiangjiang is still very attractive to domestic students, and many majors admitted by these three universities are very popular.
As a result, there are really many candidates who apply for these three institutions of higher learning.
However, for nearly 2 million college entrance examination candidates in China, these three universities only admitted more than [-] people. It can be said that the admission rate is very low, and they belong to the best among high-quality students.
Except this.
For example, the three universities on the Haojiang side, East Asia University, East Asia University of Science and Technology, and East Asia University of Science and Technology, were invested and established by He Xian, the Ma family and the Cui family before his death.
Among them, Yang Ming also donated a large sum of money on behalf of the Yang Ming Foundation.
Compared with Xiangjiang, Haojiang has fewer candidates, so these three Haojiang universities will also admit some freshmen from China.
In addition to these.
Yang Ming invested in more than 30 vocational colleges including Huicheng University, Huicheng University of Science and Technology, and Longchuan in his hometown, which have trained many talents for the country over the years.
1987 9 Month 1 Day.
Xiangjiang University officially opened.
this day.
Yang Ming took the time to come to Dongfang University and gave an opening speech for freshmen.
1987 9 Month 2 Day.
Yang Ming found time to come to Eastern University of Technology again. In addition to giving an opening speech for freshmen, he also gave them a class in person.
1987 9 Month 3 Day.
When Yang Ming came to Xiangjiang University of Science and Technology, he not only gave an opening speech for freshmen, but also talked with them about the development of future science and technology.
. . .
Time passed quietly.
In a blink of an eye, it came to February 1987, 9.
As in previous years, Yang Ming took a private plane to Yanjing in advance on this day this year.
Not only to participate in the National Day in 1987, but mainly to meet the old gentleman.
On this day, apart from Zhong Chuhong, who was raising her baby, resting and raising her baby in her villa in the middle of the mountain, Lan Jieying was now following her.
It was also the first time for Lan Jieying to follow Yang Ming to Yanjing.
Before that, she had been to the Asian Film and Television City in Yang Ming's hometown to shoot a TV series. Even so, she was still very curious about China.
this morning.
11:30 a.m. Yanjing time.
Yang Ming's private plane landed safely at Yanjing International Airport.
When Yang Ming got off the private plane and came to greet him, besides Tang Yun, Zhou Kaixuan and others, there were also Mr. Jiang, Mr. Xi, Mr. Rong, Mr. Shen and others.
Regarding Yang Ming's acquisition of Huifeng Bank a few months ago.
At that time, not only Mr. Rong was shocked for a long time, but the old gentleman and others were also very shocked when they heard about it.
Only Yang Ming and the Imperial Group could swallow up so many important companies in a row in the hands of British capital.
Yang Ming, Mr. Jiang, Mr. Rong, Mr. Xi and others shook hands and greeted each other.
Didn't stay too long at the airport.
When Yang Ming got into the car, he left here and went to the Oriental Mandarin Hotel.
1987 was the era of domestic entrepreneurs.
In addition to more and more people starting their own businesses, historically, this year, like 1984, saw more and more entrepreneurs appearing.
However, to Yang Ming, there didn't seem to be much difference.
Before the National Day comes.
Yang Ming met the old man several times.
On the National Day, Yang Ming participated in the National Day activities normally.
Then on October 1987, 10.
Yang Ming left Yanjing and flew to Shencheng.
In Shencheng, I witnessed the Pudong New District undergoing tremendous changes.
1987 10 Month 7 Day.
Yang Ming left Shencheng and flew directly back to Xiangjiang.
. . .
Ten days later.
The time came to October 1987, 10.
This day is Friday.
The New York stock market fell more than 91 points (about 5%) on the day after hitting new highs in the summer.However, due to the time difference, the east coast of country M opened later than other major financial markets. When the New York stock market plummeted, other markets were closed and were not affected. Even the Toronto stock market, which was synchronized with the New York stock market, was not affected.
1987 10 Month 19 Day.
Monday.
On that day, global stock markets plummeted under the leadership of the Dow Jones Industrial Average in New York, triggering panic in the financial market and the ensuing economic recession in the late 1980s.
In just 3 hours, the Dow Jones Industrial Average fell 508.32 points, or 22.62%.This means that the stock in the hands of the shareholders has depreciated by more than 5000% within a day, and a total of [-] billion U.S. dollars disappeared, which is equivalent to one eighth of the annual gross national product of country M. The property evaporated instantly.
Immediately, panic spread to other regions outside of country M. On October 10, the stock markets in London, Tokyo, Hong Kong, Paris, Frankfurt, Toronto, Sydney, Wellington and other places also fell.
Over the ensuing week, panic intensified.
On October 10, stocks on the Tokyo Stock Exchange fell by 20%, setting a record for the Tokyo Stock Exchange.
10月26日恒生指数狂泻1126点,跌幅达33.5%,创香江股市跌幅历史最高纪录,将自1986年11月以来的全部收益统统吞没。
Echoing this, the stock markets in Tokyo, Sydney, Bangkok, Singapore, and Manila also fell.
As a result, the news of the collapse of the Asian stock market was sent back to Europe and the United States, causing the stock markets in Europe and the United States to plummet.
据统计,在从10月19日到26日8天内,因股市狂跌损失的财富高达2万亿美元之多,是第二次世界大战中直接及间接损失总和3380亿美元的5.92倍。
Merrill Lynch's economist Wachtel therefore called the stock market crash on October 10 and 19 "an out-of-control carnage."
The October 1987 stock market crash first affected, as in 10, the wealthy.Among the 1929 richest people in country M published in Forbes magazine on September 9th, 15 names were erased from the list.
On October 10, Sam Walton, then the world's richest man, lost $19 billion.
What is even more tragic are those ordinary people who have invested their life savings in the stock market. They originally hoped to take advantage of the bullishness of the stock market to earn some retirement money, but within a few days, their life savings disappeared in the falling stock prices.
The shock of the stock market has just eased, and social and economic life has fallen into panic fluctuations again.
Banks went bankrupt, factories closed, companies laid off workers, and the tragedy that happened in 1929 was repeated.
Fortunately than in 1929, the country M's economy maintained a relatively high-speed growth at that time, and the stock market crash did not lead to an overall economic crisis.
However, the stock market crash still hit the country M's economy hugely, and it was followed by a long period of stagnation in the country's economy. (end of this chapter)
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