Many people could not grasp the concept o f 100 billion US Dollars.
Basically, in 2001, Somerland’s foreign exchange reserves totaled just over 210 billion US Dollars.
While the GDP was only 1.43 trillion US Dollars.
It was no exaggeration to say that the 100 billion US Dollars that Wall Street brought right now was completely capable of setting Somerland’s economy back 10 years.
“One more thing we have to understand is that this 100 billion US Dollars is just what we are aware of right now. Wall Street is backed by the United States government, so they can bring in more money at any time. When that happens, what should we do?”
Jasper’s words made Mr. Mason and Tony’s faces become more serious.
“Then tell me your opinion,” Mr. Mason
said after a long time.
“A two-way battlefield,” Jasper replied
unhesitatingly.
“What do you mean?” Tony asked.
“I have to focus most of Wall Street’s
energy in the capital market of the United
States. Fortunately, we have achieved
results before, so this is relatively easy to
do. We have to force them to invest more
manpower, material, and financial
resources in the United States to fight
with the funds from JW Foundation. If
not, their hometown is at risk of being
ransacked.
“As for the domestic market…”
Jasper pondered for a moment and
hesitated whether or not to continue.
According to the memory of his previous
life, there were several big news and
moves in the domestic stock market in
2001.
In the case of the overall market, the
government officially started the high
pressure situation of key supervision this
year, and at the same time, they made more concessions toward the market for the listing of state-owned enterprises. More importantly, this year, the National Social Security Fund was approved to enter and operate in the stock market.
Naturally, there was no such thing in the current life, but a series of market stimulus measures had already been introduced.
Generally speaking, this year, the government wanted to rectify the financial market and make the financial market develop in a more orderly and healthy manner, followed by the introduction of favorable measures to stimulate economic growth.
Now, what Jasper had to do was to pre emptively propose the policies that were already going to come out, but he was not sure whether doing so would alarm the government.
After all, many of these policies were confidential right now, and according to the timeline, some of them might still be i n the drafting stage.
If Jasper came up with the plan at this
time, would the officials be unhappy even
though they would enact this in the future
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