Chapter 420 The United States is in trouble
After Greens arrived at the White House, he went directly to President Bush's office, and at this time, Bush was also waiting there with a group of officials.
"How's it going?" Bush asked when Greens had just entered the office, and judging from the information he had received before, the United States seemed to be in a bad situation this time, and so far they threw 2 trillion yuan into it, but they still did not pull up the won, on the contrary, it is now about to fall below 10 percent, so now Bush also wants to know what Greens will do next.
"Your Excellency President, I think we made a wrong decision this time, and now we and the South Korean side are still holding on, but I feel that we are about to lose our hold, and when the South Korean side dawns tomorrow, I estimate that it will fall even more, so tonight, we will come up with the charter!" When Greens arrived at the office, he spoke to Bush.
"So what do you mean? Shall we continue to help, or shall we leave it alone? Bush looked at him and asked.
"If we don't care, our 2 trillion is estimated to lose very badly, the won may depreciate by more than 50%, and we now have 2 trillion US dollars in South Korea, then we will lose 1 trillion, this is a huge loss for our country, and now our fiscal deficit is already very strict.
If we lose this money, then our country will not have enough money to develop our country's ∈ public facilities in the next ten years, and we will have to pay huge interest, which can drag our United States to death.
But if, I feel like we can't win against them at all, according to what I know, China will use 1 trillion and Japan will use 700 billion. Russia actually used 400 billion, Britain used 500 billion, Germany used 400 billion, France used 300 billion, and other countries in the world.
The least is 100 billion. If they really break it, then South Korea may not be able to afford to pay back that money for a century, and the money earned by those countries will all be converted into our dollars at that time, that is to say, we are the creditors of South Korea, and the whole world is the creditors of our United States! Grimes said again.
"Damn, you say. What do we do now? After hearing Greensfan's words, Bush said anxiously that before him, he had never thought that other countries would also participate, that is, Japan and Britain. They don't want to miss this feast!
"Now I don't know, I feel like it's a plan. But what is the ultimate purpose of this plan, I don't know yet! Greens shook his head in annoyance and said.
"Count?" When Bush and the others heard this, they all looked at each other, wondering what Greens meant. Isn't this what Wuyang made up for fighting back against other countries?
"Yes, I feel like a meter. Now the whole world has moved, and most countries in the world have taken advantage, and it is we, the United States, and South Korea have suffered. And Japan, if this won collapses, they will definitely not lose money,
And this time, from the economic point of view alone, the loss of the United States is huge, even if we do not continue to support South Korea, I think, our United States is estimated to lose 5 trillion US dollars! Grimes said immediately.
"How much?" When Bush heard what Greens said, he raised his voice in surprise and asked.
"5 trillion! This is still to say that the direct loss this time, if you count the indirect loss, hey, I can't calculate it, it is estimated that it will definitely not be small, so what we have to do now is to prevent the Korean won from collapsing, and let him collapse, not in the foreign exchange market, but in other places,
Now, you should go and order those countries to stop shorting the Korean won, but this is too difficult, they will not admit that they have been involved, China and Russia alone, we can't settle it, and there are other countries' private institutions, and they will definitely not listen to us! "Grimes said there, in fact, he can't help it, this method is actually useless, he knows it.
"So you mean, our bureau can't be solved?" Bush asked, looking at Greens with a grim face.
"Yes, I don't have a solution!" Greens said lonely that he completely underestimated the temptation of money for people, and his mistake is estimated to be able to put the United States into a state of no disaster.
"So, what's the worst outcome for us in the United States?" Bush also slowly calmed down at this time, looked at Grimes and asked.
"The worst result is that we in the United States will not have the money to develop any public goods in the next ten years, including our military spending, and we will owe money to the whole world, and South Korea owes us money, but if they don't have the money to pay back, we can't do anything to them!
That is to say, the development of many science and technology in the United States will fall into a 10-year downturn, while other countries will definitely catch up, and the final result is that the United States may not be able to maintain its hegemonic status in the world, and even in order to save money, our military bases in many places will be closed! I can't see the future! Greens looked at Bush and said the worst.
"Damn, damn Wuyang, why do you have to provoke this matter!" After Bush heard Grimes's words, he stood up angrily and sprinkled all his anger on Wu Yang's head!
"Your Excellency the President, you better hurry up and find a way, the time given to you is running out, and now we can't hold it for long, and now many countries are also increasing their investment, just waiting for the final penalty!" Grimes once again reminded the furious Bush,
Before, he was very much in favor of Bush's proposal to help South Korea, because if he helped South Korea, no matter what happened to South Korea, it would be beneficial to the United States, but he didn't expect that other countries would also get involved, and they would directly start to divide up the Fed's money, and now it seems that they have all been carved up, and the United States is now holding a lot of South Korean won, which is just a number or waste paper, which is useless at all!
"Do you have any way, let's work together and think of a way, it's too late at dawn!" Bush looked at the officials and said.
"Can we call other countries, one is to ask them to withdraw from this attack, and at the same time ask them to restrain their own people and stop attacking South Korea?" An official said.
"How can this method be done in a short period of time, and by the time we are still talking, the won has already collapsed!" Another official said immediately.
And after he finished speaking, the company fell silent again, and no one had anything to do in such a situation, and they could only be silent! And Bush is also moving around the office irritably, and now he has nothing to do.
Anyway, your dollar is the world's currency, and they have so much currency in their hands, that will require interest, and in the future, the financial revenue of the United States is estimated to be enough to pay the interest of those countries, and the United States will not be able to do anything at that time.
"You say, how about we let the dollar depreciate?" Bush looked at Grimes and said.
"This is the last resort, if we really do this, then, in the future, we in the United States will not have any credibility in the international community! Moreover, the consequences of this will not be accepted by the people of our country! Greens looked at Bush and said.
"Damn, so what do we do now!" Bush scolded again. However, no one answered him, and no one knew how to do it.
"Your Excellency the President, if there is no other way, we can only let the won collapse, and our money will be lost, and we will slowly find a way in the future, however, it is estimated that it will be two years. It is very difficult for our country! In the future, we, the Federal Reserve, will find a way to reverse this situation! "Greens has no choice but to see that Bush is here, but he can't stay here all the time, he has to go back and arrange other things, so he can only ask Bush to accept this fact!
"I know, you go back first, if you have any good ideas over there, please inform us at any time, and if we think of a way, we will also inform you!" Bush spoke again.
After Greens left, Bush sat there with a gloomy face and did not speak, knowing that this was the result, he might as well agree to the withdrawal of the South Korean side from the automobile alliance, and now not only can not keep the automobile alliance, but also put the United States in a difficult situation.
"Your Excellency, I think, we don't have to worry about this, we can start another local war with the outside world!" A cabinet member said.
"Damn, now that we haven't gotten out of the Middle East, you're saying we're going to go to war?" When Bush heard this, he immediately cursed.
"Yes, we just need to control enough oil, I think, this money is nothing, before we hit Iraq and Afghanistan, although on paper, we are losing,
But people all over the world know that we in the United States have made a lot of money, and our country has controlled more than half of the oil of those two countries, and now as long as we pick a small country to fight it, and then secretly sell those oils, I think, this money will definitely be able to come back! Another official immediately said, and the other officials also nodded in agreement, they all know that a controlled war can bring great wealth! (To be continued......)