Chapter 1761 Premonition of Crisis!
In order to let the people of M country see their sincerity and determination to suppress high housing prices, after the bill was approved by the Senate and House of Representatives and Congress, Harding did not stop, but instead took a close eye on it and actively promoted the implementation of the bill personally. Under Harding's high pressure situation, major banks in M country had to raise the interest rates and thresholds of loans. For a time, the tight monetary policy made real estate developers in M country feel a cold atmosphere.
Stimulated by this negative news, the real estate sector of the M-country stock market was hit hard. On the first day, the stock prices of major real estate listed companies in M-country fell to the limit one after another. It dragged down the market and caused the M-country stock market to fall across the board. Higgins and Fester made net profits of tens of billions of dollars just after investing 600 billion in the stock market. The level of making money is faster than grabbing money!
At this time, Harding's office and television debate with McKinley will be held in a few days! Although Harding is not worried about whether he can win the election at all, he still decided to prepare well and re-elect the president of M country with a complete victory over McKinley, which will surely leave a strong mark in the political arena of M country.
Harding has experience in campaigning and ruling. After the work of a president, Harding is very clear about what the people of M country need and hate. Therefore, Harding's campaign program can almost touch the hearts of the people of M country, making it difficult for him not to support him!
After getting the materials for the TV debate prepared by the secretary for him, Harding carefully browsed it. The materials mentioned many political propositions of the Democratic Church, and the pros and cons of each one were discussed in detail. Harding's campaign team also pointed out the evidence that Si Lu refuted McKinley's views! With such detailed materials, Harding seemed to have seen in front of the vast number of people in M countries, McKinley was speechless and speechless, with awkward expression of his refutation of nothing to say. He couldn't help but show a happy smile on his face and said quietly: "McKinley, I'm sorry, hehe."
Just when Harding was thinking about it, Levins broke in without knocking on the door. Such a move was not like what Levins could do. Levins is a gentlemanly person and very polite. Although he and Harding are very familiar with him, he knocks on the door every time he enters Harding's office. After getting Harding's permission, he will push the door and walk in. Harding, who has long been used to Levins' style, was shocked when he saw Harding's abnormal behavior, and frowns. He looked at Levins and asked, "What's wrong?"
Levins' face was full of anxiety and said, "Hardin, it's not good. As soon as the stock market opened this morning, real estate stocks fell sharply, dragging down the stock market. Now the stock index has fallen by hundreds of points. You don't know that the entire securities trading market is in chaos, just like the end of the world!" The stock market represents the economic trend of a country to a certain extent. It is normal to see a decline, but a plunge like the stock market in M countries today is definitely not a good thing. Otherwise, Levins would not feel so anxious.
Harding didn't say anything, took the TV remote control and turned on the big TV in the office. The TV stations seemed to have reached a tacit understanding, and turned all their attention to the stock market of M Country. On the TV, the stock exchanges of M Country were crowded with people, shouting loudly, and paper flew around. From time to time, you could hear hysterical scolding for life, just as Levins said, as if the end of the world had arrived.
"Hardin, what should we do now? The policy of suppressing housing prices has just been removed from Xitai and encountered such a situation. I am afraid that if it continues to be implemented, it will cause even greater chaos. Maybe it will shake the root of our national-level third-level economy!" Levins said loudly anxiously.
Harding frowned and smiled at Levins and said, "Levins, you are too pessimistic! With the introduction of our policies, there will definitely be some reactions in the stock market. Although the reaction now seems to be a bit big, it is as expected that there is nothing to make a fuss! The bubble in the M-country housing market is so big and the stock market has plummeted, which just shows that our policies are effective. The bubble in the housing market is dissipating quickly. This is a great thing! Hahaha!" Levins really couldn't be as optimistic as Harding, and said with a bitter face.
: "Harding, I have been thinking about what's wrong with doing this these days! Now I finally thought about it, that is, our approach is too radical! The bubble in the M-country housing market was not formed one day by day, but after years of accumulation, if we want to break the bubble, we should also do it slowly. Like us, regardless of the stock market's ability to withstand it, and rectify it in one step, not only will it not remove the bubble in the housing market, but it may directly cure the M-country housing market because of the strong effect of the medicine, which is bad!"
Harding shook his head and said stubbornly: "Levins, I still think you are exaggerating! Our country's economy can develop to this day, and real estate only accounts for a very small proportion. Our finance, our technology, and our manufacturing are the foundation of our country's economy! I don't think real estate will collapse. Even if real estate collapses, it will not have a devastating impact on our economy, so we don't need to worry too much! On the contrary, I think that this time we have made up our minds to rectify the real estate industry, which will have a very positive impact on our future economic development."
"Hardin, I admit that what you said makes sense! But real estate is related to all aspects of the entire M society and has a close impact on the economy of M! It is difficult to ensure the collapse of the real estate market and will not affect other industries! If the domino effect is triggered at that time, everything will be difficult to say!" Levins said anxiously.
"Precisely because real estate has a close relationship with our economy, we must make up our minds to rectify it. Otherwise, the distorted development of the real estate market will inevitably bring countless negative impacts to our entire economy! Levins, it is time to make up his mind. If temporary pain can bring long-term prosperity, it will be worth it! What's more, now we have made a promise to the people of the whole country and promised them that they will definitely suppress housing prices! If we give up halfway, what will our voters think of us? How can we continue to get their support? Levins, my friend, shoot the bow without turning back! Even if there are thorns in front of us, we must not stop! I need your support now, give me some confidence, okay?" Harding said with sincerity at Levins.
Levins sighed a long time and said softly: "Hardin, you know, I have always been on this side! I will help you without reservation, no matter what situation you are in. I just hope that our decision is right and we can pass this level together!"
Harding laughed haha and said, "Don't worry! It will definitely be!"
"But Harding, recently a huge amount of funds poured into our stock market from China. They bought a large amount of stock index futures, all of which were bought. Harding, don't you think this is suspicious? They seem to be expected to fall sharply by our stock market!" Harding frowned and pondered for a moment, and said quietly: "There is nothing to make a fuss about this! I don't know how many people in the world are staring at our stock market every day, wanting to make gold from our stock market. Perhaps China has seen that our major adjustment to the housing market this time will inevitably affect the stock market, so it will enter our stock market in large numbers. It's not surprising!"
"But not only are Chinese people, but also many huge funds of unknown origins have poured in almost the same time. We must pay attention!" Levins said.
"Then you send some people to keep an eye on it and check where the funds from unknown origins came from, and see what they really want to do!" Harding said.
Levins nodded and said, "Okay! Then I'll make arrangements!" Seeing Levins walk out of the office, Harding couldn't help but shake his head. Sometimes smart people like Levins like he likes to make things complicated and are very tired!
"Busy?" In Gao Yuanyuan's office, Gao Yuanyuan and Xinran were busy preparing materials for McKinley's TV debate. Hong Tao walked in with a smile on his face and said to the two stunning beauties with a smile.
"Hong Tao? Aren't you studying the M-country stock market with Fester and others? Why did you come here?"
Gao Yuanyuan asked in surprise when she saw Hong Tao.
Hong Tao laughed and said, "I know nothing about the stock market. Staying there can only prevent Fesder and Higgins. We know it ourselves!"
Gao Yuanyuan couldn't help but giggled and said, "It's really rare. Now even you know yourself. The world is finally going to calm down, giggle."
Hong Tao scratched his head with a little embarrassed, took out a stack of documents from his pocket, handed them to Gao Yuanyuan, and said, "Sister-in-law, in order not to let you look at me, I feel it is necessary to show you this thing!"
"What is this?" He took the document from Hong Tao in surprise, looked through a few pages, and his pretty face changed color. Looking at Hong Tao, he asked in a naughty way: "Where did you get this?"
Hong Tao laughed proudly and said, "Sister-in-law, don't worry about where I got these things. Tell me first if these things are useful!"
"It's useful and useful, it's so useful!" Gao Yuanyuan said repeatedly as if she had found a treasure.
"Gao Yuanyuan, what is Gao Yuanyuan that makes you happy like this?" Xinran looked at Gao Yuanyuan with confusion and curiosity and asked.
"Sister Xinran, look, this is Harding's campaign program and campaign strategy!" Gao Yuanyuan's voice trembled in a trembling voice because of excitement.
Chapter completed!