Soviet Union 1991
Chapter 991 Asia-Europe Economic Cooperation Organization
Yanayev brought two exciting news to the world. The first is that the Soviet Union will hold a Red Square military parade in October. The second one sounds much less indifferent than the first one because almost the Soviet Union and China External information released at the same time.
The Soviet Union's foreign cooperation is about to form the Eurasian Economic Cooperation Organization. It is not only an alliance between two major powers, but is also likely to affect changes in the situation in East Asia.
This news was like a bombshell that directly destabilized the political arena of the White House in the United States. Everyone was stunned to see the news released by Shevardnadze as the external spokesperson, and then they all discussed what impact this would have on the situation in Europe and the entire world.
A country with a planned economy actually ambitiously established a market economy cooperative organization, which is definitely something that is hard for everyone to believe.
Yanayev gave everyone in the country a surprise. For Europe, it was a surprise but not a surprise.
At this time, President Mario had just begun to take the first step of his Mario Economics. In order to solve the large deficit problem plaguing the U.S. economy, Mario prioritized reducing the federal deficit. To this end, he is determined to reduce the deficit by an additional US$393 billion on top of the US$400 billion deficit reduction reached with Congress in 1997. Among them, a total of US$235 billion will be reduced in expenditures and US$246 billion in tax revenue will be increased in the next five years. Raising taxes is swimming against the current, but President Mario has proposed a reasonable burden policy to put 90% of the tax increase on the shoulders of the top 6.5% of taxpayers. The increase in the income tax rate was limited to 1.2% for high-income earners, so his policy won the support of the vast majority of taxpayers and won a strategic advantage.
The next step was to reform the current health insurance system, but before Mario took the second step, he saw the good news brought to him by his old rival.
Damn good news.
So he asked the chairman of the U.S. Council of Economic Advisers to come to his office as soon as possible. Obviously he was very angry about the Soviet Union's actions. It was as if there was an invisible opponent that could develop into the European Union. The Council for Mutual Economic Assistance back then was nothing more than a product of quality inspection in a socialist country and was nothing to be afraid of. However, the two socialist countries that are transitioning to market economies are enough to cause headaches and troubles to President Mario.
"Thank God, the EU is enough to give us a headache. What else do they want to do now? A more terrifying monster organization?"
For example, in the name of anti-terrorism, the SCO, which strengthens cooperation with the Soviet Union and Central Asian countries, is suspected of being a mini-Warsaw Pact in Mario's eyes. Of course, it has not shown any ferocious fangs yet. If Ni Duan appears in the future, it will not be So easy to deal with.
"Once successfully formed, it means that a super economic alliance will rise on the other side of the Pacific. This is something more terrifying than the European Union and other organizations."
"We have to do something. Do we have to wait until the Union for the Mediterranean becomes bigger in the EU and become another entity that threatens Europe before we rush to find a way out?"
President Mario glanced at Jennifer Yellen in front of him and sighed seriously, "As the chairman of the U.S. Council of Economic Advisers, I think you should know what I mean without saying much, right?"
A woman whose decisions can affect Wall Street and even the global economic situation also showed an uneasy look at this time. President Mario's reminder made her a little at a loss. After all, in most cases, she decides on a series of domestic economic policies in the United States, and Not waging an economic war against other countries.
"Economic war?"
Yellen hesitated to give the order, then raised her head and said to President Mario, "Your Excellency, I have a method that I don't know is feasible. Although it will not have a fatal impact on the Soviet Union, it will be enough to stop the Soviet Union's progress."
"Um?"
President Mario became slightly more interested and asked, "What means are you going to use to stop the Soviet Union's advance?"
"In 1997, an economic crisis broke out among Southeast Asian countries. The fundamental reason was also the improper foreign exchange policies of some Asian countries. In order to attract foreign investment, they maintained fixed exchange rates on the one hand, and expanded financial liberalization on the other, providing opportunities for international speculators to take advantage of. opportunity For example, before Thailand's financial system could be straightened out, it abolished controls on the capital market in 1992, allowing the flow of short-term funds to flow unimpeded and providing conditions for foreign speculators to speculate on the baht. This also led to financial turmoil. reason.”
"Then what?"
"Just imagine, if these international speculators continue to attack East Asian countries, or even attack the newly established market economy with Soviet characteristics, what will be the result?"
President Mario's brows slowly frowned, and he was vaguely aware of the meaning of what Chairman Yellen just said.
Yellen reminded, "They are trying to muddy the waters of the Asian economy, and we will do what they want. Anyway, the Soviet Union issued a statement at this critical moment, isn't it just to consolidate its own interests during the crisis? How can we achieve his goal? Then let the financial giants continue to expand their achievements and drag all the economies of East Asian countries into the mud."
Since George Soros is having so much fun in the Asia-Pacific region, Yellen will not stop him. It is better to let him and the capital groups behind him take the opportunity to take action and create some disturbance between the Soviet Union and East Asian countries. So as to block the next economic cooperation plan.
The best way to put out a fire is to cause a bigger explosion until the other side has no power to fight back.
As long as they can hurt Russia, their goal will be achieved. As for the final outcome, it doesn't matter. Anyway, the White House of the United States is out of the room, and no matter how it is calculated, it will be the winner.
"I'll leave this matter to you, Chairman Yellen. The United States will not participate in such a small fight. It is best for the capital group to come forward."
Mario's words are equivalent to authorizing Yellen to do these actions that are not on the table, and the White House hides behind the scenes and enjoys the fruits of their labor.
"I will go to the financial tycoons on Wall Street. As for what to do next, they will get everything done. If I'm lucky, the Asia-Pacific Economic Cooperation plan may be postponed for another year or two because of this financial crisis."
Yellen said confidently, "First, give these socialist countries a lesson and let them know how financial wars are played."
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