"The root of this problem is that the bubble in the U.S. real estate industry has overheated. Without Li Jin, it may burst in five or eight years."
"But sooner or later, whether now, five years, eight years or even 10 years later, it will break sooner or later."
"Before it bursts, it seems that everyone can make money in this industry, but the laws of economics tell us that any bubble will burst one day, and an industry that makes endless profits cannot exist."
"So, its situation is difficult to recover."
Buffett's words made Greenspan look depressed. He said: "You and our views are the same. It seems that this is indeed my failure."
"As the governor of the central bank, you have served for two consecutive terms. During these two terms, you have sent away two heads of state and three finance heads. The determination of economic policies is based on local conditions and the times. It is not your fault.
You." Buffett comforted.
After smiling, Greenspan suddenly said: "Thank you for your comfort... As far as I know, you and Li Jin have a good personal relationship, right?"
Buffett calmly replied: "I can't say he is very good, but I admire him very much."
Greenspan crossed his fingers and said softly: "Mr. Buffett, forgive me for being frank and direct. You have a very special status in the minds of investors across the country, so I hope you can do something beneficial to the market at the right time."
At least the market’s confidence will not collapse so quickly.”
Buffett frowned. This was undoubtedly asking him to sacrifice the reputation and reputation he had worked hard for all his life. Just when he was about to refuse, Greenspan said: "In exchange, I will nominate you to serve as the Federal Reserve after I leave office."
Deputy Governor of the Central Bank, which is Janet’s position now.”
This sentence immediately made Buffett swallow his refusal.
Greenspan continued: "You know, the United States is a free country. The people have freedom and human rights, and capital is also free. But freedom has a limit. While we are free, we also need a system to restrict it, and this system,
It is the basis for protecting the interests of the people of the United States from being harmed."
"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 people, right?"
With these words, the last struggle in Buffett's heart disappeared.
"I understand." Buffett said softly.
With a chuckle, Greenspan stood up, walked to Buffett, stretched out his hand and said, "Then I wish us a happy cooperation tomorrow."
After holding Greenspan's hand, Buffett hesitated for a moment and said: "The secondary market will reopen in a dozen hours. Can you tell me how sure you are of completely defeating Li Jin?"
Greenspan chuckled and said: "On this planet, no one can survive as long as they are the people we want to kill, because we are the United States Federation, the most powerful military and economic country on the planet.
?”
Facing Greenspan's easy but extremely domineering words, Buffett nodded slowly.
Indeed, no country on this planet, let alone an individual, can resist something that the US government is determined to do.
"Besides, Lei Man was really abandoned?"
Faced with Buffett's question, Greenspan smiled and said: "Mr. Buffett is interested in Lei Man?"
Shaking his head, Buffett 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 operational management rights. Leiman, whether it is performance or internal management,
There are all kinds of problems in my opinion, and I would not consider owning the stock of such an investment bank."
Shrugged, Greenspan said: "The collapse of a Leiman company is nothing. Where in the capital market are there companies that will never go bankrupt? It doesn't exist. Since they caused the problem themselves, they have to solve it themselves, no matter what.
Neither the Federal Reserve nor taxpayers can spend so much money to save a company that is already beyond saving."