Rebirth 79: I opened a bank in the United States

Chapter 956
The development of the world will never be shifted by the will of a certain individual.
Regardless of whether Carter was worried about falling too fast before, or now he dislikes the stock market falling too slowly, the bubble has burst. If we look at the changes in the stock market in early September, this can only be called defoaming!
That is, through slow depreciation, the inflated value in the market will be stripped out!

It seems that there is not much difference between the "soft landing" of defoaming and the sudden bursting of the bubble.Anyway, Carter has successfully built a position at a high price. As long as the stock price falls, he will make money.

However, time!

The more he deals with the economy and finance, the more Carter understands the truth of "time is money"!
In 1 minute, for ordinary people, the value that may be created and the loss that may be caused are basically negligible.And put it at Carter's level.
The interest of more than 2 million a month is more than 600 million per day on average, and the interest fee of more than 600 US dollars is accumulating every second.And most Americans in this meeting probably don't have an annual income of $[-].

At the same time as he figured out the account, apart from looking at the stock market that fell a little every day and feeling the difference in the world, Carter suddenly realized that he seemed to be in a state of doing nothing.

It is only a few points of daily decline, which is obviously not a suitable time to close positions.But don't close the position, looking at the increasing interest, Carter has no heart to care about other things
Normally speaking, to achieve this step, for a qualified short seller, it is time to start taking the rhythm!
For example, go to various media platforms to publicize opinions that you are not optimistic about, or find some so-called research institutions to publish reports.Said that the target that was shorted is indeed not good, it really has a problem, everyone should not hold on, it should be sold and sold quickly.
However, at the moment, Carter can't use any of these operations!
Not to mention that Carter's current short target is almost the entire U.S. stock market, and secondly, he wants to bad-mouth the market
Is it true that other organizations are stupid?Who of them doesn't know that the price of U.S. stocks is exaggerated today? !
Even the federal government, which has always been inefficient, has become abnormally efficient now that Greenspan has taken office.It can be said that there is a problem with the market, which is a consensus of the upper class in the United States now!
Everyone knows there is a problem with it, but why doesn't anyone stand up and say it's a problem?

Carter is very sure that if he jumps out at this time and bad-mouths the market.That is not only to offend his colleagues to death, but also to slap Lao Bu on the face.
The 88 presidential election has now entered the second half of 87.The preparatory work has already started. Even as the Republican presidential candidate, the current Republican president, Genzi, will definitely give Lao Bu a platform.
While saying that Lao Bu is good, at the same time saying that Lao Bu is wonderful, when Lao Bu came to power, the economy was screaming.The result is good, you kid stabbed the knife in the back, right? !He hasn't taken office yet, and the economy has a big hole. Doesn't this make our Republican Party very unqualified? !
Originally, Brother Genzi’s big words were a bit big before, and he was still criticized for not contributing to economic recovery in the past two years. Do you want to do it again now? !
This kind of fatal thing must not be done, and not only can't be done, Carter has to help communicate with Fox, which has just been acquired by Murdoch, and blow good words to help build momentum in the upcoming presidential election year
At the same time, in South Korea, Jeon officially resigned as the president of the DPP in July, and Roh Tae-woo took over.Now there are also preparations for the first relatively fair presidential election in South Korea at the end of the year.Normal campaign preparations, with the cooperation of Samsung and other consortiums, also don't need Carter to intervene
For a while, Carter suddenly fell silent.Until, the time enters October.
From the two-year annual leave in early August to now, Carter's vacation is coming to an end.And the reaction of the stock market has finally changed!

In the first week of October, the Dow dropped 158 points. In the second week, it dropped 235 points even more.
The Dow Jones Industrial Index, which used to be around 2740 points, has fallen to around 2200 points!
Compared with the previous high value, the value has fallen by about 18%.The S&P 500 is relatively good looking, but only relatively good looking.
Carter roughly calculated that if the current market value average price starts to slowly close the position.
Around $676.5 billion, plus two months of interest of $3.28 million.
Not counting the increase in buying orders in the liquidation process, which has the effect of pushing up the stock price, it is basically no problem to close the position at this time, with a profit of about 120 billion!

And this figure is almost the same as Carter's expected gross income of 140 billion!
So, should we wait? !

On October 16, when the market closed, a question came to Carter's mind.In other words, Carter has basically decided to stop here!
On the one hand, the rate of return has reached Carter's goal, and it is not bad to stop the profit in time and secure it!On the other hand, with halfway through October, Carter's vacation is coming to an end!
Plus, Washington also called
On the 16th, the Dow Jones Industrial Index alone achieved a record-setting one-day drop of more than 100 points.Compared with last week's situation, one is to drop 158 points in five days, and the other is to drop more than 100 points in one day.
Anyone can foresee that when the market opens next week, the stock market will not look too good!

"The National Security Council has notified the major media, and suppressed all bad news! But the situation is still not optimistic, and the Fed's current reserves are also slightly insufficient. Carter, I know you have a lot of positions now. I need your help!"

"I understand, brother. Let's not say anything between us. I am satisfied with the current income. Next Monday, I will start to close the position! I dare not say too much. It will bring about 600 billion buyers in the market. I no problem!"

"Very good! Oh, yes, Mr. Weinberg has recently submitted his resignation letter to the White House regarding the candidate for the new Secretary of Defense. At present, Mr. Reagan is more inclined to Deputy Minister Frank Lukacs, but he also has the qualifications of the Secretary of Defense. And a Taft guy in return, and I'll try to run it for you!"

Today's Secretary of Defense Weinberg is about to step down because of the Iran-Contra incident. This news is no stranger to Carter, and it is not surprising at all!

After the Iran-Contra incident, a large number of federal government officials resigned.Maybe it was to avoid the limelight, or maybe it was because of the disappointment with Reagan, anyway. Even in the infighting, compared to Casey's "I don't know anything about this" statement
Now the Defense Minister's speech is.
"I have already commented 'This is ridiculous' on the US-Iran deal in the National Security Council memorandum!"

"This kind of thing should not have happened. I am horrified. It is okay to support the Nicaraguan anti-government army, but it cannot be used in this way. Congress should allocate funds. McMillan gave the president a 'bad idea'!"

It's also a clearing away of responsibility, but the others have maintained restraint anyway.Even for Bush Sr., his speech was "I think this damages the reputation of the United States, but in some special respects, there is a certain meaning!"

When talking about the Iran-Contra incident, Lao Bu’s words were also “I have reserved certain opinions to a certain extent”.
In short, most of the important members of Reagan's team, in their speeches, did not make that kind of backbiting sound like him in order to clean themselves up!

(End of this chapter)