Chapter 1001 Additional issuance of treasury bonds

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The cigar in his mouth was constantly smoking, and President Reagan could no longer feel the pleasure of smoking this cigar and the clarity of his mind, and his mind was now a little confused. Pen × fun × Pavilion www. biquge。 info{{}}

Now, it is 1988, as long as he survives this year safely, his presidential term is very perfect, but unfortunately, at this time, there is such a serious economic crisis!

After Ronald Reagan came to power, he began to pursue his economic policies, lowering interest rates, expanding military spending, increasing the deficit and the national debt, to temporarily solve the problem of social welfare, removing loopholes in the tax rules, and continuing to deregulate business practices, so that the American economy began to grow very vigorously in 1982 after a sharp recession from 1981 to 1982. However, due to the widening fiscal deficit and the national debt, the crisis of their zhèngfu is also getting bigger and bigger.

In the end, they had to make a move to devalue the dollar, but it did not have any effect, so they had to reduce their military spending to cope with this danger.

After surviving a series of turmoil in the depreciation of the dollar, the U.S. economy began to improve again, and the stock market began to rise.

In fact, this is an economic necessity, after the depreciation of the dollar, and began to appreciate slowly, in this process, led to the slow entry of international capital into the United States, to help the appreciation of American stocks, only last year, foreign capital on Wall Street bought about 300 billion US dollars of stocks, but for the American economy, they have begun to distrust, so when the stock market fluctuated slightly, began to have a downward trend, they invariably chose to withdraw. {{}}

Stocks are originally a game that everyone plays together, hello, hello, hello, everyone, there are buying and selling, steadily rising, but when everyone starts to sell stocks, no one will buy them, and the stock price will plummet.

"James, what's going on with all this?" Reagan asked.

Treasury Secretary James Baker, who feels that he has always been very unlucky, originally thought that the implementation of the depreciation of the dollar would make the US economy better, but he failed, and it was easy to get through that gray period, the economy began to improve, and the current problem actually appeared!

It must not be said that it is his own responsibility, and as soon as James turned his mind, he had already thought of a statement: "All this is caused by program transactions." When the computer program sees the stock price falling, according to the mechanism set in the program, the computer joins in selling the stock, so as to form a vicious cycle, which accelerates the decline of the stock price, and the falling stock price makes the program sell the stock more abundantly. There is no problem with our economy, it is just that the temporary decline in stocks cannot be controlled. Last year, we accelerated our dependence on foreign capital, but the decline in our stock price caused foreign capital to start leaving our country, and this is what we are doing today. ”

James made sense, and President Reagan nodded, "So, what should we do?" ”

"As long as we can find a huge amount of money again, plug this gap, and we get through this, the economy will come back to life." James said.

Since there is no problem with the US economy, it is only a problem with capital flight, then, as long as it attracts more funds, there will be no problem. {{

"Perhaps, we can continue to increase our national debt." Vice President Bush said.

88 is an important year, because this is the annual election year of the US president! Reagan has been re-elected for two terms, so it is the turn of the next candidate in the Republican Party, that is, Bush, to run for the next president, and this is a major matter related to whether the Republican Party can continue to occupy the White House, and they attach great importance to it.

Originally, with President Reagan's connections, the Republican Party held more than half of the seats in Congress and had a high profile among the people, but if the economic crisis could not be contained, it could cause them to lose their prestige.

Bush is even more anxious about this crisis, which is very detrimental to his election campaign. Therefore, when I heard James's statement, I immediately thought of this way to alleviate the loophole of funds and issue treasury bonds.

"Then we have to find countries that are willing to accept our national debt. {{}}" James said.

At present, the issuance of treasury bonds is absolutely indigestible by relying on domestic resources, and it is necessary to find countries that are willing to accept treasury bonds.

Originally, Western Europe and RI were both potential recipients of US Treasury bonds, but this economic crisis has caused more or less problems in their countries, and their holding power has declined, and the United States must find a new big head.

"Those countries in the Middle East have always been rich." At this time, Weinberg on the side said: "Simply, let those countries in the Middle East increase their holdings of our national bonds." ”

Which countries in the Middle East? That's a good choice! Reagan's eyes lit up.

I just received information that Iraq in the Middle East detained two warships of the Soviet Union, taking advantage of the contradictions between Iraq and the Soviet Union, although I don't know what the inside story is, Weinberg has never had a good impression of that place. And those guys in the Middle East are very rich, so sell them the national debt to see if they can take it.

Bush is also shining brightly, and this has a bearing on his Middle East strategy. {{}}

Jews have been a strong supporter of all presidential campaigns, whether they admit it or not, and their strong economic power, coupled with their enthusiasm for elections, is an important bargaining chip in the election of presidents.

Previously, because of the espionage incident, there was some unhappiness between the Republican Party and the Jews, so will the Jews be pushed to their own rivals? Bush was a little worried. This time, a crackdown on those countries in the Middle East has helped Jews clearly understand the attitude of the Republican Party, especially Bush, and it will be very helpful for his election campaign.

Moreover, in these countries, Saudi Arabia and Kuwait were completely pro-American countries, but now, their policy is slowly changing to Iraq, which is a bad signal, when necessary, the United States will use the threat of force to let them know that only by following the United States is their best choice, however, there is no need to go this far, Saudi Arabia and Kuwait have a lot of assets in the United States, and freezing their assets is completely enough for them to deal with this crisis.

Besides, with the traditional relationship between the United States and these countries, there should not be too many problems for them to increase their holdings of US Treasury bonds.

As for Iraq, it is also necessary to take countermeasures, Iraq has risen too fast, and the current Israel may not be able to restrain Iraq, look at Iraq's reaction, if Iraq does not agree... Weinberg thought of the strong strength of the American ** team, and it was time to show it.

When there is a crisis in the country, starting a war and diverting domestic contradictions has always been the favorite of politicians.

………

After the detaining of two warships of the Soviets was announced, martial law was again imposed on the port of Saddam Hussein, and the situation was to prevent the infiltration of the KGB.

In fact, of course, to prevent the infiltration of Western intelligence officers.

The two warships have been refitted, mainly with the installation of the Iraqis' own data link system, which can be connected to the Iraqi C3I system, can carry out real-time data transmission with pre-jing aircraft, air fighters, etc., and installed satellite communication antennas. Moreover, electronic countermeasures equipment imported from Europe was adopted.

After completing the refit in about a month, the Iraqi Navy, with the help of the Soviets, will learn how to make these two warships.

With the advent of the Modern and Dreadnought classes, the armament of the Iraqi Navy has once again developed by leaps and bounds, and they already have the basis of a blue-water navy.

At the shipyard in Iraq, at the same time, the construction of a logistics supply ship with a displacement of more than 20,000 tons began, and the hull of this supply ship was designed by the eastern powers, and the oil and water supply was designed by the eastern powers, and the dry cargo supply devices were equipped with equipment imported from Europe to make up for the shortcomings of the eastern powers in this regard.

Until Qusay left Port Saddam, Iraq's naval personnel were still in extreme excitement, and the strong combat effectiveness displayed by these two warships made them feel for the first time that even if they encountered the US Navy in the middle of the ocean, they no longer had any countermeasures.

Supersonic anti-ship missiles, area anti-aircraft missiles, large anti-submarine helicopters, all of which Iraq has never had.

The Navy has organized the most outstanding crews to learn the cāo work of these warships, most of them are transferred from the current warships, but they are only the first batch, the Naval Academy has already trained a large number of skilled naval personnel, and the second and third batches of crews are all in preparation, and the task given by Qusay is to have at least five batches of cadets who can be fully familiar with the cāo work of this kind of warship and be able to take over new warships at any time.

Navy Commander Nasser was full of joy, and President Qusay's intention was very clear: Iraq will definitely buy such large warships in large quantities in the future.

At this time, on the island of Qeshm, the aviation of the Navy has already begun normal combat readiness duty, and in the past, the air supremacy of the Navy had to be helped by the Air Force, but now they themselves can cope with low-intensity conflicts.

After completing the affairs of Saddam Hussein's port, Qusay took his own special plane to Riyadh, the capital of Saudi Arabia, to attend a meeting there. (To be continued.)