Blooming America
Chapter 577: The plummeting stock market and the special forces school
"People are selling their stocks crazy, and they treat us (the federal government) as if they were dumped stocks..."
This is the think tank talking to Nixon.
"Why are there always people against us?" Nixon complained, pointing to a huge map of Southeast Asia behind him: "This is our biggest victory since the Korean War. Why can no one understand it?"
"Because the Korean War has been defeated and cannot be defeated anymore." Someone seemed to say something in a whisper, but Nixon didn't seem to hear him at this time. He was still complaining: "Our military invasion into Cambodia started from MacArthur landing in 1950 The US's most successful military operation since Incheon, North Korea, why has no one applauded this incident?"
Nixon was angry, but that was how it was.
Since the tragedy at the University of Kent, a series of chain reactions have formed. College students from all over the world have started to participate in the Movement, and more bloodsheds have occurred.
Fortunately, the average American people are still calm. These people look on the sidelines of the crazy students. This gave Nixon some opportunities.
But on the other hand, the University of Kent has indeed brought a lot of negative impact. The current stock market plummet also has their share of credit.
Of course, as the President of the United States, Nixon naturally knew that this was not the root cause.
So he complained again.
"Why does Wall Street take such a brilliant victory over and over again as an opportunity to sell stocks? It should be regarded as great good news."
Nixon's tone was calm, but it was clear that these complaints were full of anger.
New York Stock Exchange director Bernadraske is facing Nixon at the moment: "Excessive wars have already weakened our economy. At this time, what we need to do most is not victory, victory, and then victory. It needs an opportunity for us to retreat, Your Excellency President."
Huge stock anthills and credit networks are collapsing, and it is their builders who are destroying them.
At this time, it was too late to save everything.
This is the case for the time being. But not long after Lask went back, Nixon had another person to inform the other party that the next time the two would meet would be a meeting between the two.
On the afternoon of May 20, he was informed that the president would meet him at 11 am the next day. Lask stayed up almost the whole night, writing down what he was going to say, and he was still taking notes on the way to Washington on the morning flight.
Lasker realized that although war is a powerful external force, this force will also cause very serious consequences. The simplest is a crisis like this.
However, the Vietnam battlefield is the responsibility of the game between the United States, the Soviet Union and China. The situation here affects the whole body. If the troops are rashly withdrawn, it will lead to serious consequences.
"What if the shield can be passed on?" Lask suddenly thought of the special mercenary learning that Nixon had mentioned...,
"Maybe this method can be used to convince the president to retreat" he thought.
At 8 o'clock, Lasker went to the White House. Then, after coming to the office of Presidential Secretary Rosewoods, before meeting with Nixon, he made another hour of final revision.
Then he came to the administrative building across the street and visited his friend Vice President Agnew. During this visit. He received an urgent cry for help from Alice Flinger, secretary of the vice president.
"Oh, all of my money is invested in that fund, but now we, I have begun to lose money, Mr. Lask, please, please tell me what to do" she pleaded, "I can't lose this money Money, this is very important to me."
"Uh, I thought, maybe this should wait until I have discussed it with Mr. President before I can give you an answer..." Lasker, who was surprised, did not reply to her immediately.
"Oh sorry. I was too urgent." The other party also smiled at Lask.
"It's like relaxing with Bucky!" Lask reminded himself at the top of the first page of the five-page note. "The worst market crash since 1929, and there is no sign of abating. Confidence is the biggest problem." Lask's subsequent notes are mainly economic analysis, specific recommendations on wage and price control and government procurement policies, and other The impact of a one-year crash on the entire economy. When he was finally introduced to the president’s office, after the greetings and humor, Lask immediately opened the suitcase and took out his notes.
"What's that?" Nixon asked. Lask replied with New York Stock Exchange-style humor: "This is my lunch, Mr. President, I can no longer afford to go to the restaurant."
"Hahahaha" he got a big laugh from the president. He went on to say "Your Excellency, I have to remind you that we are only 5 minutes away from the midnight of another 1929 crash. We did not prohibit short selling. The stock market is already very dangerous. To avoid such a disaster, we must immediately To take action, you must know that speculators are now afraid to accept short-sales, and the situation has reached a very dangerous point."
Suddenly, Lask discovered that he could abandon the facts and figures he had prepared, and use a personally specific way to best illustrate the severity of the situation. So he threw the carefully prepared notes aside, and then recounted what he had just been pulled by Secretary Agnew and her concerns about her investment in mutual funds.
"Tell her not to sell the shares." Nixon said immediately.
"You need to tell her, Mr. President... Lask said in the tone of a senior officer.
Nixon seemed to understand what he meant.
"Talk about our specific plan." Nixon said.
"First of all, it is to withdraw troops. If we can do this, we can save a lot of money. This is absolutely effective for the economy. The arms dealers have already made enough. I believe they should understand our ordinary The sad life situation of people."
"But the Vietnam battlefield is a very important strategic support point we must fight for. We must win enough living space in Vietnam...
If there is no room for survival, it is unnecessary to talk about "saving the stock market".
"Yes, but ordinary people can't see this, no one can see it"
Nixon froze for a moment.
Immediately, he understood.
Yes, even if we know that maintaining our comparative advantage in the Vietnam War is a good thing for us, but... voters don't think so.
The problem Nixon had been complaining about before seemed to be solved.
"But we need a strategy. The international situation is very complicated. I believe you understand it." Nixon suddenly thought of Kissinger, but this meeting was a meeting of sī people, so Kissinger was not there.
Although Lask is only a director, he thinks that some things can still be discussed: "One we can divert the attention of the Soviets, and we can also transfer the contradiction to other places... such as the special forces school you mentioned. Bring the contradiction. It seems to be a feasible method to transport it there to a limited extent."
"Yeah" Nixon nodded. It would be much simpler if everything could be kept within a controllable range.
Moreover, as the President of the United States, Nixon was thinking more deeply than Lask. At this time, Nixon also thought of one thing, which is to win over China. If it can be closely related to the Soviet Union The relationship between the country and the American side will probably be more obvious between the other party and the Soviet Union, which is also a good thing for the federal government.
One, of course, Nixon hasn't considered ending the war or something for the time being.
However, if we can win over China, the situation on the battlefield in Vietnam will become a little more stable. Without the support of China, it is very easy to get Vietnam.
"Then what's next?"
"Next, we need to give Americans confidence. This is also our top priority."
Lask said. "We'd better be able to invite people with enough weight to expand our influence..., for example, we can hold a banquet or something..."
The two agreed that the most urgent task is to organize and promote a large-scale White House banquet, inviting senior officials from the government, Wall Street, and the business community to attend, showing the nation that the government really cares about the stock market situation and is ready to save it as much as possible. --It is worth mentioning that. In March 1929, when the crash was approaching, Richard Whitney came to the White House to report the stock market situation to President Hoover.
After that, there was a short-term increase in investor confidence. The two seem to have the same effect.
On Monday, May 25, the Dow Jones Index fell by 2581 points, the biggest one-day drop since Kennedy's assassination in 1963, and it closed barely above 630 points, which was lower than the historical level.
The stock market was wailing and panic was about to erupt. On Monday afternoon, after the stock market closed, the brokerage investment community learned about the planned White House banquet from the Dow Jones News report. The banquet will be held on Wednesday the 27th. More than 60 business and financial figures will attend the banquet.
Soros stopped in time at this time, and then watched the changes~www.wuxiaspot.com~ With the absence of speculators led by Soros, the U.S. stock market improved for a while, but this was only a superficial phenomenon...
On the day of the Wednesday banquet, the Dow Jones Index rose by 21 points, and on Friday, it exceeded 700 points.
At this time, Nixon, who had freed his hand, began to think about another opinion of Lask.
In fact, the plan has already been in place, and the establishment of the Special Forces School will happen sooner or later, but Lask’s words gave Nixon new ideas.
"Well, maybe the attitude towards [China] can be changed from this."
It is not impossible to establish a school in the United Nations first, and then invite China to help China restore the post of a permanent member of the United Nations if necessary.
With China, the battlefield in Vietnam will definitely be much better. The U.S. economy has been declining since the Bretton Woods system collapsed in the late 1960s. Although Vietnam has been increasing troops now, the federal government’s finances are already very tight. Now, the collapse of the stock market can even be said to be due to this reason............, @.
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