"The fundamental reason for this problem is that the bubble in the US real estate industry has overheated. If it weren't for Li Jin, it might have broken down in five or eight years."
"But no matter sooner or later, whether it is now, 5 years, 8 years or even 10 years later, it will be a matter of time sooner or later."
"It just happened that before it burst, it seemed that everyone could make money in this industry, but economic laws tell us that any bubble will burst one day, and an industry that makes endless profits cannot exist."
"So, its situation is hard to recover."
Bafette's words made Greenspan look depressed, and he said, "You have the same view as us. It seems that this is indeed my failure."
"As the governor of the central bank, you have served two consecutive terms. During these two terms, you sent away two heads of leadership and three financial heads. The determination of economic policies is adapted to local conditions and the times, and the mistake is not
You," Bafette comforted.
After a smile, Greenspan suddenly said, "Thank you for your comfort... As far as I know, you have a good personal relationship with Li Jin, right?"
Bafite replied calmly: "It's not very good, but I admire him very much."
Greenspan crossed his hands and said softly: "Mr. Bafite, forgive me for your confession and directness. You have a very special position in the minds of investors across the country, so I hope you can make some good markets at the right time.
The performance at least made the confidence in this market not collapse so quickly.”
Bafette frowned. This undoubtedly wanted him to sacrifice his reputation and reputation for his hard work throughout his life. Just when he was about to refuse, Greenspan said: "In exchange, I will nominate you as the Federal Reserve after I step down.
The deputy governor of the central bank, which is now Janet's position."
This sentence immediately made Bafet swallow the words he wanted to refuse back.
Greenspan continued: "You know, the United States is a free country, the people are free of human rights and freedom, and capital is also free, but freedom has a limit. While we are free, we also need a system to restrain it, and this system,
It is the foundation for protecting the interests of the people of the United States Federation from harm."
"So even if you admire Li Jin, you can't let him completely destroy our system, otherwise it will be difficult for you and me to give an explanation to the public, right?"
This sentence made Bafilte's last struggle disappear.
"I understand." Bafilte said softly.
With a chuckle, Greenspan stood up, walked to Bafite and stretched out his hand and said, "So I wish us a happy future cooperation."
Holding Greenspan's hand, Bafette hesitated for a moment and said, "The subsidiary market will reopen in more than ten hours. Can you tell me how confident you are to completely defeat Li Jin?"
Greenspan chuckled and said, "On this planet, no one can survive as long as we want to destroy, because we are the United States Federation, the most powerful country in the military and economic world on this planet,
Is it?"
Although it was easy to face Greenspan, Bafte nodded slowly.
Indeed, on this planet, as long as the US officials are determined to do, no country can resist, let alone individuals.
"Also, Lei Man was really given up?"
Facing Bafite's question, Greenspan smiled and said, "Mr. Bafite is interested in Leiman?"
Shaking my head, Bafite said: "You know, my investment style is to focus on long-term holdings of the company's performance, and I only hold stocks and will not seize the company's operation and management rights. Whether it is performance or internal management,
There are all kinds of problems in my opinion, and I will not consider holding stocks of such an investment bank."
Shrugged, Greenspan said: "A fall of Leiman is nothing. Where can I find a company in the capital market that will never go bankrupt? It doesn't exist. Since it is their own problem, it must be solved by itself, regardless of it.
It is impossible for the Fed or the taxpayer to put out so much money to save a company that is already irrescueable."