Chapter 1809 Come to the door to ask the crime! (Part 2)
Hong Tao chuckled and said, "Since your economists have analyzed it, they should tell you that this subprime mortgage crisis will explode sooner or later, and now it is just a detonation ahead of time!"
Hong Tao's words silenced Devink and McKinley. Hong Tao was right. It was this crisis that made their economists realize the huge risks and disadvantages of the subprime lending policy in M Country.
Devink coughed softly and said frankly, "Yes, our experts have told us that the subprime mortgage crisis is indeed an inevitable disaster."
Hong Tao said: "Then you experts should know more that if the subprime mortgage crisis is allowed to explode naturally, the consequences will be unpredictable. We will trigger the subprime mortgage crisis early, so that it does not have enough time to accumulate energy. This should be a good thing for M country, right?"
Devink lost his temper completely, sighed and nodded. Hong Tao continued, "Since that's the case, why did the two of you still break into my office in a fierce manner, as if you were going to eat me alive! For me, it is just a business opportunity to trigger the subprime mortgage crisis now, but for M country, it is a blessing in disgrace! You just stared at how much money I made from this crisis, but didn't think about how much loss I have avoided for the M country's government. Isn't that a bit unfair?"
"Mr. Hong, what makes us angry is not how much money you have made, but when you realize this crisis, you should notify us in time and find ways to solve the problem and avoid losses. Instead of igniting the crisis and burying your head to make money!" McKinley said with some dissatisfaction.
After hearing his words, Hong Tao laughed and said, "I really didn't expect that Mr. McKinley was so happy that I was really ashamed! Don't forget that I am a businessman. After seeing business opportunities, I would not hurry up and make a big profit and share it with others?"
"But this is not a business opportunity, this is a subprime mortgage crisis! It will kill people!" McKinley shouted angrily.
"Since you also know that the subprime mortgage crisis will die, you shouldn't have created this crisis! Don't forget that it was the bill you passed that made subprime lending popular in M Country and formed a certain scale! When your bankers make profits from subprime borrowing, why don't you think that doing so will die? I tell you, tracing the root cause, the key to this subprime mortgage crisis is the greed of those bankers! I think neither of you will deny this, right?" Hong Tao asked in a deep voice with a serious expression.
"Okay, OK, since the crisis has been born, nothing else makes sense. Mr. Hong, you can see the explosion of this crisis earlier than us, which obviously means that you have a more wise economist than us. Now that your money has been made, it is time to help us think of ways to end this crisis, right?" Devink waved his hand and said to Hong Tao.
Hong Tao laughed and said, "McKinley, what the Speaker is talking about is the most urgent matter now."
McKinley's expression seemed a little embarrassed and said bitterly: "I'm too anxious, please don't be surprised by Mr. Hong."
Hong Tao smiled and said, "It doesn't matter. As a patriot, I can't help but feel anxious when I see my country being humiliated. I can understand it. Crisis crisis, crisis itself is an opportunity. If we can firmly grasp this opportunity, we will definitely win in the competition with Harding. Do you understand what I mean? McKinley nodded quickly and said, "I understand, I understand, and we don't want to waste this crisis, but what should we do specifically? Please let Mr. Hong and Ambassador Gao Yuanyuan make it clear!"
Hong Tao smiled and said, "First, we must use this crisis to severely attack Harding's prestige. After all, it was the bill he proposed to suppress housing prices that directly triggered this crisis!"
"Some people in our church have raised this point, but the problem is that although Harding's bill triggered the subprime mortgage crisis, it is essentially a good thing. You have said before that if the subprime mortgage crisis explodes naturally, the losses will be more serious and the consequences will be even more terrible! Harding and the others will definitely realize this. If we refute this point to us, it will be difficult for us to suppress Harding's reputation." Devink shook his head and said with great optimism.
Hong Tao smiled and said, "Although we understand these principles, the ordinary people in M countries may not understand them too. They are not economists. All they can see is performance. They will not be as deep as you imagined. At that time, we will mislead the people at the right time. The explanation of the Republican Church can only be the more they describe. The more they explain, the more the people will think that they are in the wrong! In short, Harding has to take the blame even if he doesn't take it!"
Hong Tao's words made McKinley and Harding's hearts cheered up and nodded repeatedly. Hong Tao changed his words and continued, "But doing this alone is not enough!"
"If we do it properly, Harding's reputation will definitely be ruined. Isn't that enough?" McKinley asked in surprise.
"Of course this is not enough, and it's far from it!" As soon as McKinley finished speaking, Xinran pushed the door and walked in.
Seeing Xinran, Hong Tao laughed and said, "Okay! The expert is here, there is no need for me to explain to you again. Let the expert talk! Haha."
Although Xinran has not been in M Country for a long time, Xinran's ability has been shown. During the TV debate last night, Xinran's outfit for McKinley was praised afterwards. Before the debate began, Harding was suppressed by the momentum and style. If someone who did not know McKinley and Harding watched it, the custodian would regard McKinley as the current president and Harding as a challenger. I heard that after the TV debate, Harding was so angry that he opened his costume designer on the spot.
Seeing Xinran coming, McKinley hurriedly stood up and moved a chair for her. After Xinran sat down, she smiled and said: I heard all your conversation just now. Hong Tao was right, but this was not enough! Harding also has his crisis public relations, and they would never sit back and wait for death. Although this crisis will hit his reputation, it cannot make him defeated.
"Then you said, what should we do next?" McKinley asked Xinran hurriedly. Now, a concept has gradually formed in his heart, that is, listen to Xinran, yes! Xinran chuckled a few times and said to McKinley: "McKinley, remember that I told you before that the people of M have a natural heroic complex. They worship heroes and have fanatical beliefs. This subprime mortgage crisis is an opportunity given by God, which makes you an opportunity to make the whole M country crazy. The premise is that you must be able to successfully resolve this crisis and pull out the M country's economy that fell into the quagmire of the subprime mortgage crisis! Throughout the history of M country, every crisis breaks out will create a great president. McKinley, don't waste this crisis!"
McKinley nodded heavily and said, "Miss Xinran, just say what to do, I will listen to you!"
Xinran nodded and said slowly: "The crisis has exploded. It's like a competition between you and Harding. The gunfire at the start has sounded. It depends on who can run to the finish line first and who can solve the crisis in one go! Huh, but you are very lucky. Although it's a competition, you and Harding are not on the same starting line! Because this crisis has long been as expected, we have been discussing a long time ago how to solve this crisis as fast as possible. We have already reached a conclusion, right here! Take a look."
"Really?" McKinley and Devink were surprised at the same time. Being able to come up with a solution to the crisis so quickly undoubtedly means being ahead of Harding. No wonder Xinran would say that they were not on the same starting line, and Harding had not started yet, but McKinley was only one step away from the finish line.
However, after seeing the solution to the crisis that Xinran mentioned, Devink and McKinley still felt a lot of pressure. Not to mention anything else, just asking the government of M to take out one trillion US dollars to rescue the market, they were already dizzy. The government of M to take out a fiscal deficit for years, and all the funds were reduced again and again, so that they could survive, so that they could take out one trillion US dollars at once, which was similar to taking their lives.
Devink coughed and said to Xinran: "There are too many plans for rescue of the trillion-dollar market. Can you get a little less?"
Xinran couldn't help laughing and said, "My Speaker, do you think this is buying vegetables in the vegetable market and you still like to bargain? This trillion US dollars is the result of repeated arguments by our experts. If you want to end the crisis as soon as possible and boost the confidence of the stock market, the government of M must pay this trillion US dollars!"
"But the problem is that Harding will not agree to spend a trillion US dollars and let us rescue the market!" McKinley shook his head and said.
"Then he Harding will become the eternal sinner of M Country! Believe me, under pressure from the people, he will eventually agree to this rescue plan." Xinran said in a deep voice. Seeing Xinran so full of confidence, what else could McKinley say? He looked at Devink and said, "Okay! Just do what you said!"
Several other solutions to the subprime mortgage crisis given by Xinran not only refer to the effective response policies adopted by M country during the economic crisis in previous years, but also made some innovations. Many of the new proposals are refreshing. In this way, a very strict and interlocking rescue plan was formed. Xinran believes that if this plan is strictly implemented, M country's subprime mortgage crisis will definitely be resolved at the lowest cost.
Chapter completed!