Login via

Life at The Top novel Chapter 1794

“Yes.”

Benett’s answer was so decisive that Greenspaner had no choice but to accept it.

“The real estate industry in the United States has continued to rise for the past 10 years. Over the past 10 years, too many economic derivatives have emerged. Personal credit contracts being sold as futures in the subprime market is just one of the most represented ones, but it is not everything.

“The root of the problem is that the real

estate industry bubble in the United States

has overheated. Even without Jasper, it

might have burst 5 or 8 years later.

“But sooner or later, it would have broken down, be it now, 5 years, 8 years, or even 10 years later.

“Just before it bursts, it would appear that everyone can make money in this industry, but economic laws tell us that every bubble will burst one day, and there won’t be an industry that makes endless profits.

“So, its situation is difficult to recover

from.”

Benett’s words made Greenspaner look.

depressed. He said, “You have the same

views as us. It seems that this is indeed a

failure on my part.”

“You served for two consecutive terms as chair of the Central Bank. During these two terms, you sent away 2 heads of office and 3 heads of finance. The determination of economic policies is based on local conditions and timing, so it’s not your fault.” Benett comforted.

Greenspaner continued, “You know, the United States is a free country. The people are free, we have human rights, and capital is also free, but there is a limit to freedom. While we are free, we also need t o be bound by a system, and this system is the foundation to protect the interests of the people of the United States from harm.

“So even if you admire Jasper, you can’t let him completely destroy our system, otherwise it will be difficult for you and m e to give the people an explanation, right?”

These words dissipated the last bit of

struggle left in Benett.

“I understand,” Benett said softly.

With a chuckle, Greenspaner stood up, walked to Benett, and stretched out his hand. He said, “Then I’ll wish us a happy cooperation tomorrow.”

Holding Greenspaner’s hand, Benett hesitated for a moment. He replied, “The subprime market will be reopened in another ten hours. Can you tell me how confident you are of completely defeating Jasper?”

Greenspaner chuckled and said, “As long a s we want to destroy someone on this planet, that person would not be able to survive. After all, we are the United States, and we have the most powerful military and economic power on this planet, right?”

Reading History

No history.

Comments

The readers' comments on the novel: Life at The Top