MTL - Wall Street Legend-Chapter 2 good times
Chapter 2 Good Times
Not long after the Internet bubble crisis, the world lost trillions of dollars, and the entire industry is still in a downturn.
On Wall Street in New York, institutions that lost tens or tens of billions of dollars are everywhere. There are many lucky ones who detected something wrong in advance and got out in time. They made a lot of money and watched a big joke.
From the mid-1990s to a few months ago, the Internet industry was the most talked about by stock investors. This is a new industry that has just been born not many years ago, and has successfully created a large number of well-known billionaires.
It's a pity that after a carnival feast, the Nasdaq stock exchange has experienced months of decline, leaving chicken feathers all over the floor. Recently, the Nasdaq index has only over 1,100 points left, while in On March 10 last year, the number was 5,048.62, and it even rose to over 5,100 during the session.
The Nasdaq index fell by more than 3,900, in exchange for the bankruptcy of countless technology companies, and heavy losses for stocks and investment institutions. The cold winter has already arrived. Recently, in October at the end of 2002, Silicon Valley The managers of countless high-tech companies are mostly thinking about the same problem - how to survive.
An Internet industry cannot reflect the overall economic outlook of the United States. After all, the impact of the collapse of the Internet bubble is not as great as the impact of the September 11 incident last year.
Just last month in New York, we held an event to commemorate the first anniversary. Contrary to what people imagined, judging from the economic trajectory in the first three quarters of 2002, although the recovery of the US economy was not strong, the momentum was not strong. The economic recovery and the stock market fell Accompanying, and there are many unstable factors, but after all, it has entered a bumpy road to recovery, and there is no "twice recession" phenomenon as predicted by many people.
All in all, signs of spring are beginning to appear.
There is a young guy walking down the streets of Wall Street with a bottle of beer in his hand, beer in a Coke bottle to be precise, because he is not yet of legal drinking age...
year 2002.
There are many chaotic places, and the United States is as safe as ever, especially in New York, which is currently the largest international city in the world.
High-rise buildings follow one after another, with old and new buildings coexisting, each with its own characteristics. The streets are fairly clean, but there are a lot of **** in the alleys, and there are more rats than people in the sewers. People have long been accustomed to this.
Ye Dongqing is very happy recently, he thinks he has come to a good time.
I obviously jumped downstairs that night, but when I opened my eyes, I found that I was sleeping in a small room that was familiar to my memory, and all the past events seemed like a lifetime away.
He is only eighteen years old now, and he is still in his third year of high school. He doesn't have too many worries, he hasn't been poisoned, and he doesn't have much money. He can't figure out why this happened. It's going back to the past after death.
This is not something he is worried about. Anyway, he is very happy to be able to continue to live.
Ye Dongqing remembered the recent events, she had just had a complete falling out with the nasty couple who were her aunt and uncle, and moved out by herself when she was just eighteen years old. In her memory, she only lived in that dilapidated little house for five months, and in the morning The contract he found told him that he had only moved in last week.
Clearly feel the confusion of time and space, whether it is a poor performance IBM laptop, or a single-function Nokia mobile phone, even the ugly cars passing by on the road are telling him that it is really 2002.
It's hard to imagine that not far from Wall Street, there is a dilapidated and messy Chinatown. Ye Dongqing was born and grew up there, and is very familiar with the surrounding streets. If billionaires gather on Wall Street, then the poor living in Chinatown are like rats in the sewer, belonging to one of the most famous slums in Manhattan.
I have to say that it is a great irony. When Manhattan is mentioned, countless high-rise buildings, Broadway, rich people, Central Park, and money will appear in people's minds, but who would remember a group of poor people with low incomes who are still in this area? Struggling with amazingly priced places?
The only thing that makes Ye Dongqing feel regretful is that he went back to 2002 instead of 1996. In that year, his parents died in an accident, and he received about 350,000 US dollars in compensation after death. The aunt's family used the money to rent a flat. A slightly better house, moved out of the slums of Chinatown.
At that time, she was too young, and the law stipulated that relatives should take care of her on her behalf. Ye Dongqing always felt that the reason why the two of them also adopted her was mainly for the money, not for family affection. They also have children, a son and a daughter. Living in this stressful Manhattan, partiality is certain. For example, their biological children are sent to private schools, and Ye Dongqing can only go to **** public schools.
It's ridiculous that even if he came to this kind of school, his SAT mock test score is still better than those two children. Ye Dongqing hated his cousin of the same age, but he didn't have much complaints about his good-natured cousin. The only one who could speak for him at home was his little cousin named Ding Tian.
Thinking back to why they fell out at the beginning, or why they fell out last week, it seemed that they were not only unwilling to pay his tuition fees, but instead wanted Ye Dongqing to use the money he earned from part-time work for his cousin to go to college, how ridiculous logic.
It is impossible to reconcile with my aunt and uncle. Now that I have moved out, there is no need to move back. There are many young people living alone after the age of eighteen in the United States.
A person is at ease on the contrary, he is too lazy to deal with boring and hateful relatives, at this moment, he walks to a familiar place and looks up.
Standing on the side of the road, I saw a Rolls-Royce Convertible Corniche in front of me. Ye Dongqing also had a Rolls-Royce before his death. It was just a 2017 Phantom. Calculated according to time, it was the first model after being acquired by BMW. Phantom should still be in development.
What he looked at was not the car, but the building across the road. He felt as if he had an entire floor of office in it a few days ago, and he could see the iconic Wall Street golden bull from the window, but the rationality in his mind was Tell Ye Dongqing that in this era, he has not bought that floor yet.
The cell phone rang suddenly, and the name looked familiar. After the connection, the voice of the man on the opposite side came out: "Leo, why didn't you come to class? Did you forget that you have class today, and the holiday will start on Monday tomorrow. If you don't plan to come, I will I can help you take a vacation..."
(end of this chapter)
