As the information was sent through the group of pagers, almost everyone in Taylor District received it. As these people received it, someone hurried to the several branch offices of Great Wood Bank in Taylor District to withdraw money.

The people passing by were curiously coming up to ask them what they were doing here. These people naturally answered: "Of course we are waiting to line up to withdraw money. Did you not receive the paging message yesterday? It is said that Big Wood Bank is on the verge of bankruptcy. If we don't withdraw the money as soon as possible, and when Big Wood Bank goes bankrupt, we will have no money!"

"Do you really believe that message from nowhere? Big Wood Bank is the largest bank in Michigan and a large enterprise controlled by the Big Wood family. How could it go bankrupt? I'm afraid that the company you work at will go bankrupt if it goes bankrupt!" Passersby obviously didn't believe it.

"You know too little. My friend works inside the Great Wood Bank, but he resigned yesterday. Do you know why? Just because he knew that a failure in Great Wood Bank's investment in California had caused the bank to lose more than 100 billion US dollars, 100 billion US dollars! This loss cannot be afforded unless all three major automobile companies are sold!" said the person waiting at the door.

Then he said, "Believe it or not, I will definitely withdraw my money. If you put this money in Big Wood Bank for one more day, it will be dangerous. I don't want my hard-working hard money to make those capitalists cheaper."

In the end, the passerby left with skepticism because they had to go to work, but this scene was watched by Zhou Ming and Martin who were waiting on the roadside.

Martin said to Zhou Ming happily: "It seems that we are lucky. This guy got internal news, so he persistently believed in the message we sent in groups."

However, Zhou Ming shook his head at this: "I don't think so, or even if this guy really has a friend working at Big Wood Bank and told him about Big Wood Bank's loss, we can't rely solely on such people to drive a run against Big Wood Bank."

Listening to Zhou Ming's words, Martin felt very confused: "My friend, I don't understand what you mean. Do you want to say he is lying, or do you want to say that he can't help me?"

"Actually, what I want to say is that poor people often have higher self-esteem than rich people," said Zhou Ming. "We can first assume that he does not actually have a friend who works in the Big Wood Bank. He will say the same thing, because he will not admit that he was deceived by pager messages to withdraw money. That would make him feel embarrassed and his self-esteem would not be accepted."

Zhou Ming continued: "So he would pretend that he had such a friend to show that he had obtained insider information and was superior, and would also give the best explanation for his behavior."

"Only such a person will believe in the news we send, and in order to make others believe, they will even make up many other reasons, so that more people can join the run." Zhou Ming said.

Martin looked at Zhou Ming in surprise: "My God, Mr. Zhou Ming, are you a professor of psychology? You actually have such a clear idea of ​​these people."

Zhou Ming just smiled and shook his head, and did not answer anything, because the answer to this question was that Zhou Ming was once one of these people, so he understood their thoughts so clearly.

I remember that in my previous life, all kinds of rumors and jokes were flying all over the Internet,

(This chapter is not finished, please turn the page) In the unprecedented freedom of the Internet, many people will add a word about my friend or my classmates in order to prove what they say, as if this can create facts and make people convinced. Including Zhou Ming, when he once argued with others online, he would also give examples in this way.

However, with his rebirth and his wealth and status, Zhou Ming realized how ridiculous this approach was, and he realized that he didn't remember a sentence he had read: From poverty to wealth is not as simple as increasing wealth, but changing his concepts first. Just like a worker in a factory, no matter how skilled you are, you will never be a real leader until you learn to be responsible and manage.

Zhou Ming looked up at the people waiting at the bank gate and said to Martin: "They did believe the rumors, but this time their choice was right."

It was only nine o'clock in the morning, and many withdrawal customers had arrived at several branch offices in Taylor District. These people were not only ordinary people, but also financial staff from several companies.

The arrival of these people obviously increased the credibility of the news. Others who passed by saw that the branch office of Big Wood Bank had already squeezed so many people, they all wanted to withdraw money. After all, it would be better to trust it than to have nothing. It would be better to withdraw the money yourself than to put it in it. What if Big Wood Bank really collapsed? If Big Wood Bank did not go bankrupt, it would be great to deposit it in the future, and there would be no losses.

In fact, this idea is normal to ordinary people. Saving money and withdrawing money was originally one of the important functions of banks, but now hundreds of people come to the bank to do this at the same time, which makes the bank very embarrassed. After all, the bank's money has been invested and basically cannot be collected in a short period of time. Once such a bank run exceeds the limit that the bank can bear, it will explode.

However, this doesn't make sense to ordinary people, so they thought this way. In just one hour, all the Great Wood Bank branch offices in Taylor District were filled with withdrawals. In the most popular places, people lined up on the streets. Those who didn't know thought it was the bank who was sending money.

Seeing this situation, Martin felt relieved, because once the run was formed, no matter whether the initial rumors were true or false, they were now confirmed.

After all, no matter what the bank is, most of its funds are invested, so there is generally not too much money in the branch office for deposits and withdrawals. Generally, a large amount of more than 100,000 US dollars is required to make an appointment, while cash exceeding one million US dollars needs to be prepared one week in advance. You can imagine the cash reserves of this outlet.

So now, looking at the runs of hundreds of people, it is easy to exceed the standard if you take a few thousand dollars by one person.

If these people see that the bank has no money, their first reaction will definitely not think that it has reached the upper limit that the bank has endured, but will think that the news they received is true. Big Wood Bank is really going bankrupt, otherwise how could it be out of money? So they will be more confident in withdrawing the money, causing Big Wood Bank to fall into a vicious cycle.

This is the situation now. When many people saw that there were so many people in the Great Wood Bank branch office in Taylor District, many people thought of going to other places to withdraw money, so they left Taylor District one after another, and even went directly to the city of Italy to withdraw money.

These situations hit Martin's ears, which shocked him.

(This chapter is not finished, please turn the page) Zhou Ming raised his thumb and said, "Mr. Zhou Ming, you are really a God-like figure. With a message, you set off a run against the Great Wood family. I think they must regret making you angry now! This is God's Whip, giving them the most severe punishment!"

However, Martin's words ended up abruptly because he saw Zhou Ming standing there calmly. Zhou Ming looked at him with meaningful thoughts: "Mr. Mayor, you don't really think that this run can make the Big Wood Bank, the largest bank in Michigan, collapse, just by relying on this bank run, right?"

This question made Martin stunned at the time, because he then thought that since the establishment of Big Wood Bank more than 100 years ago, although it is not as famous as Citibank and Tangren Bank, it has also experienced many ups and downs, and bank runs must have experience in dealing with bank runs.

And the most important point is that although Big Wood Bank has indeed lost nearly 100 billion yuan in San Francisco, this does not mean that Big Wood Bank has really ended up. As the core of Big Wood family, he still has a certain amount of liquidity in any case. There are too many, but at least tens of billions of dollars can still be used.

As for the bank run now, it is just caused by rumors. It may seem to be very large, but in fact, it is rare to have billions of dollars. It is still a long way from the bankruptcy of the Big Wood family. Not to mention that if Big Wood Bank survived this run, everyone would find that it was a rumor, and then depositing the money back would only bring more depositors to Big Wood Bank.

Thinking of this, Martin couldn't help but feel a little panicked: "Mr. Zhou Ming, what should we do now? Should we find a way to increase the current run?"

Zhou Ming smiled and shook his head and said, "According to the current financial order, no matter how big the bank run, it will be that way. Mr. Mayor, don't really think that a bank run can make the Big Wood Bank collapse, or all the bank runs that can make the bank fall into a desperate situation are just incentives, not the most fundamental reason."

"What should we do now?" Martin asked anxiously.

Zhou Ming did not answer this, but asked the driver to drive to Italy Securities Company in George Square. Zhou Ming and Martin got out of the car and came to the securities company's lobby to sit down. Zhou Ming pointed to the LED display hanging in front and told Martin: "The real things are there. Since it is finance, it would be too embarrassing if you don't need some financial means."

Martin looked in the direction Zhou Ming pointed, and when he saw the stocks of Big Wood Bank, he immediately understood.

From the opening of today, the stock of Big Wood Bank began to plummet. As of now, its stock has fallen by more than five percentage points, which is a huge loss for a large company like Big Wood Bank.

"Mr. Zhou Ming, is this the financial means you are talking about?" Martin couldn't help but ask excitedly.

Zhou Ming nodded and said, "Yes, from the opening of the stock market today, the companies and investors of the Tang family, are all selling Da Wood Bank's stocks crazily to create stock market panic. This is actually nothing, but if the stock is exposed to a run when the stock falls, then Da Wood Bank's losses will be confirmed and the situation at Da Wood Bank will be even worse."

Martin looked at Zhou Ming and shivered unconsciously because he could not imagine that in just a few days, Zhou Ming had prepared such a plan, one by one, it was so terrible!

(End of this chapter)

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Chapter completed!