Chapter 115: Who Looted Whom

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George stepped off the plane and was greeted by the U.S. Ambassador to Saudi Arabia Hume Horan, as well as Saudi Foreign Minister Prince Faisal. Pen | fun | pavilion www. biquge。 info{{}}

Seeing that the foreign secretary also came to pick him up, George felt a little relieved and had greater confidence in this trip. If there were only a few sporadic Americans who came to pick him up, he would have to be prepared to be left out in the cold.

When he came to the Saudi Royal Palace, George saw that Prince Sultan, Saudi Arabia's Minister of Defense and Air Defense, personally greeted him at the door.

Hume followed beside him, feeling a little unfair, these Saudis, who had such a bad attitude towards themselves at the beginning, and they also represented the United States, and now, George is here, and the Saudis are so excited, even the Minister of Defense, who has always been very arrogant, ran to the door to greet him, usually, this is a phenomenon that can only be seen by the guy named Qusay.

After all, George is the secretary of state of the United States, this is the senior official in charge of American diplomacy, and the Saudis are inherently hospitable, so when he learned that George was coming, Saudi King Prince Fahd immediately put aside his affairs and welcomed the arrival of this American diplomat. {{}}

"Your Majesty, it is a great pleasure to see you." George said.

"I am also very happy, Mr. Scholz, it has been three years since you last came to Saudi Arabia." King Fahd said: "We are very welcome to our old Saudi friends to visit Saudi Arabia. ”

The atmosphere between the two sides was very harmonious, and after expressing friendship, George mentioned the key points: "Saudi Arabia is our most trusted ally of the United States, and at the beginning, it was Saudi Arabia that proposed to OPEC to use the US dollar to settle oil, and since then, we in the United States and Saudi Arabia have common interests." We have carried out extensive cooperation in various fields such as economy and military. ”

The people who discussed these things at the beginning are no longer there, but when it comes to this matter, both sides are still more solemn.

"Yes, this policy is our basic policy in Saudi Arabia." King Fahd said.

Hearing him say this, George was a little relieved, and he continued: "According to the agreement at that time, Saudi Arabia has the obligation to solve the economic problems that may arise in the United States by increasing our holdings of the U.S. Treasury bonds when necessary. {{}}”

As he spoke, he looked at King Fahd's face, and seeing him nodding frequently, George finally said: "But this time, our domestic stock market in the United States has been speculated by malicious funds, and there is a risk for the time being, and we need Saudi Arabia to temporarily provide a batch of funds to help us tide over this stock crisis in the United States, but your country has been prevaricating, which is completely contrary to the agreement between us." ”

"However, this time, we in the United States hope to respond to the stock market crisis by issuing treasury bonds, but your country has been prevaricating until now, and has not given a definite answer, which is a complete violation of our original agreement." George said, though the topic was sharp, the words were like old friends.

In the eyes of the United States, Saudi Arabia is like an old rich man, asking Saudi Arabia to borrow some money to spend, and Saudi Arabia should generously take it out, but as a result, Saudi Arabia has become a miser. {{}}

"We in Saudi Arabia have not violated our agreement, but this time, you need too much money." King Fahd said: "You ask us to hold your $50 billion in funds, but you should know that our country's main source of finance is oil, and our oil exports are only $50 billion a year. ”

King Fahd said it very tactfully, and Saudi Arabia agreed, but the United States can't be so overt about robbery, let Saudi Arabia pay for all of its oil revenue for a year, which is also a bit too generous, right?

Hearing King Fahd say this, George did not feel any embarrassment, he continued: "At this critical moment, we can show the good state-to-state relations between your country and us, your country's oil exports for so many years, have already accumulated a large amount of funds, and it should still be possible to come up with 50 billion US dollars. ”

What are you crying poor, Saudi Arabia has sold oil for so many years, and I don't believe you can't come up with 50 billion dollars. {{}}

This kind of scraping of Saudi Arabia's old bottom made King Fahd already a little unhappy in his heart, Saudi Arabia is rich, but can all the funds be invested in increasing the holdings of US Treasury bonds? What benefits can the United States give to Saudi Arabia?

"Most of our money has been invested." "In the United States, we have bought a lot of real estate and some of the company's shares, and we have not kept it in cash in our Saudi Zhongyāng bank," said King Fahd. If your country is going to spend so much money to buy Treasury bonds, then we have to sell our assets in the United States, and then we can have enough money to buy those Treasury bonds. ”

The United States prints money, and other countries export goods to the United States in exchange for dollars, and then, use these dollars to trade with oil countries, oil countries export oil, exchange for dollars, and then use these dollars to the United States for consumption, in this way, the United States intercepts the world's wealth to its own country.

After Saudi Arabia became rich, it also invested a lot in the United States, and this is also a way for the United States to blackmail Saudi Arabia by freezing Saudi Arabia's assets in the United States.

Now, hearing King Fahd say this, although George knows that there is an element of excuse in this, but there is also an element of perfunctory, however, he can't really agree to let Saudi Arabia withdraw funds from the United States, which will be even more detrimental to the current crisis. {{}}

The Saudi country is so rich, I don't believe they can't come up with 50 billion.

Even if Saudi Arabia has 500 billion yuan, it must not spend its money like this.

Both have their own opinions.

The talks have been in a cold mood for the time being.

George was about to say something with some pressure when he heard King Fahd continue: "We in Saudi Arabia have always been very active in responding to the requests of our American friends, and after our recent preparations, we have finally mobilized 20 billion US dollars, which can be used to buy the Treasury bonds issued by the United States. ”

The United States is asking for 50 billion, and Saudi Arabia will never agree, but in order to be able to make the United States weigh and accept the current situation, Saudi Arabia will have to cut some meat, therefore, after careful study, Saudi Arabia has decided to increase its holdings of the United States' 20 billion dollar national debt.

Asking Saudi Arabia to buy $50 billion in US Treasury bonds was an astronomical amount, but now, when I heard King Fahd say that he was willing to increase his holdings of US Treasury bonds of $20 billion, although it was not enough, it could be regarded as Saudi Arabia's own contribution.

"Two billion dollars, we have already mobilized other funds for domestic construction, so it is impossible to have more, but our families and individuals in Saudi Arabia who are friendly with your country are also willing to reach out and help the United States tide over this crisis." King Fahd continued.

The country has a point, and the individual has a point, and the big families in Saudi Arabia are all very rich. The United States is well aware of this.

George feels that half of the purpose of his visit to Saudi Arabia has been achieved, and there should be no problem for major families in Saudi Arabia to buy another 20 billion to 30 billion national bonds.

"However, I am afraid that those families and individuals in our country are not willing to hold your country's treasury bonds, because the yield of the treasury bonds is very low, but the crisis in your country's stock market has caused the stock price to plummet, and now it is still falling, and those domestic funds are very willing to invest in your country's stock market, Sultan, what do they say this is called?" King Fahd asked.

"It's called buying the bottom, which is to buy when the stock price is at its lowest, and at this time, you can get more profits." Prince Sultan said.

"Yes, it's called buying the bottom, they all want to go to the U.S. stock market to buy the bottom, as long as your country agrees, coupled with our propaganda of zhèngfu, there will be a large amount of domestic funds flowing to your country's stock market, so that your country's stock market crisis can be satisfactorily resolved, and at the same time, those people in China will also get more benefits." After King Fahd finished speaking, he smiled bitterly: "The interest rate on your country's national debt is too low, and they are not interested!" ”

"Yes, I'm going to take out $2 million to buy the stock called Ford Motor Company, and I heard from people in Kuwait that if you buy stocks now, it won't take a year for those $2 million to become $3 million." Prince Sultan next to him said.

Thanks to the abundant oil resources, the Saudis are very wealthy, among which several prominent families, they have more funds in hand, listening to Prince Sultan said that buying stocks for 2 million US dollars is as casual as buying an ice cream on the side of the road, George knows that if Saudi Arabia's domestic private funds enter the United States, then it is possible not to mention 30 billion, even 50 billion. It's just that he always has the same feeling that he has been ransacked by Saudi Arabia.

Nominally, the Saudis are going to the United States to help them appreciate their stocks, but in fact, the Saudis just want to make a profit, and he has a strange idea, in fact, the Saudis are not willing to buy American government bonds, they must have hidden funds, and they are ready to make a profit on the American stock market.

Unfortunately, for now, George has no way to refuse, and in any case, this is an effective way to solve the current domestic problems of the United States.

"Well, we have no objection to this on the American side." "There is another thing, about Saudi Arabia, Kuwait and Iraq, this plan of the three countries to jointly launch and prepare a unified currency, we in the United States strongly oppose it," George said. (To be continued.)