Chapter 738 Harding’s Crisis!

Hong Tao's words cheered up McKinley and Harding, and nodded repeatedly. Hong Tao changed his words and continued, "But doing this alone is not enough!"

"If we do it properly, Harding's reputation will definitely be ruined. Isn't that enough?" McKinley asked in surprise.

"Of course this is not enough, and it's far from it!" As soon as McKinley finished speaking, Xinran pushed the door and walked in.

Seeing Xinran, Hong Tao laughed and said, "Okay! The expert is here, there is no need for me to explain to you again. Let the expert talk! Haha..."

Although Xinran has not been in the United States for a long time, Xinran's ability has been shown. During the TV debate last night, Xinran's outfit for McKinley was praised afterwards. Before the debate began, Harding was suppressed by the momentum and style. If someone who did not know McKinley and Harding watched it, the custodian would regard McKinley as the current president and Harding as a challenger. After hearing that after the TV debate, Harding was furious and opened his costume designer on the spot.

Seeing Xinran coming, McKinley hurriedly stood up and moved a chair for her. After Xinran sat down, she smiled and said: I heard all your conversation just now. Hong Tao was right, but that was not enough! Harding also has his crisis public relations, and they will never sit back and wait for death. Although this crisis will hit his reputation, it cannot make him defeated."

"Then what do we do next?" McKinley asked Xinran hurriedly. Now, a concept has gradually formed in his mind, that is, listen to Xinran, that is, yes!

Happily giggled a few times and said to McKinley, "McKinley, remember I told you before that Americans have a natural heroic complex. They worship heroes and have fanatical beliefs. This subprime mortgage crisis is an opportunity given to you by God, and it makes you an opportunity to make the whole United States crazy. The premise is that you must be able to successfully resolve this crisis and pull out the American economy that fell into the quagmire of the subprime mortgage crisis! Throughout the history of the United States, every outbreak of a crisis will create a great president. McKinley, don't waste this crisis!"

McKinley nodded heavily and said, "Miss Xinran, just say what to do, I will listen to you!"

Xi Ran nodded and said slowly: "The crisis has broken out. It's like a competition between you and Harding. The gunfire at the start has sounded. It depends on who can run to the finish line first and who can solve the crisis in one go! Hehe... But you are very lucky. Although it is a competition, you and Harding are not on the same starting line! Because this crisis has long been as expected, we have been discussing a long time ago how to solve this crisis as fast as possible. We have already reached a conclusion, right here! Take a look."

"Really?" McKinley and Devink were surprised at the same time. Being able to come up with a solution to the crisis so quickly undoubtedly means being ahead of Harding. No wonder Xinran would say that they were not on the same starting line. It turns out that Harding had not started yet, McKinley was only one step away from the finish line.

However, after seeing the solution to the crisis that Xinran mentioned, Devink and McKinley still felt a lot of pressure. Not to mention anything else, just asking the US government to take out one trillion US dollars to rescue the market, it made the two dizzy. The US government has had fiscal deficits for years, and the funds have been reduced again and again, so that they can barely survive and let them take out one trillion US dollars at once, which is similar to taking their lives.

Devink coughed and said to Xinran, "There are too many plans for rescue of the trillion-dollar market. Can you... be less?"

Xinran couldn't help laughing and said, "My Speaker, do you think this is buying vegetables in the vegetable market and you still like to bargain? This trillion US dollars is the result of repeated arguments by our experts. If you want to end the crisis as soon as possible and boost the confidence of the stock market, the US government must pay this trillion US dollars!"

"But the problem is that Harding will not agree to spend a trillion US dollars and let us rescue the market!" McKinley shook his head and said.

"Then he Harding will become the eternal sinner of the United States! Believe me, under pressure from the people, he will eventually agree to this rescue plan." Xinran said in a deep voice. Seeing that Xinran was so full of confidence, what else could McKinley say? He looked at Devink and said, "Okay! Just do what you said!"

Several other solutions to the subprime mortgage crisis given by Xinran not only refer to the effective response policies adopted by the United States during the economic crisis in recent years, but also make some innovations. Many of the new proposals are refreshing. In this way, a very strict and interlocking rescue plan was formed. Xinran believes that if this plan is strictly implemented, the subprime mortgage crisis in the United States will definitely be resolved at the lowest cost.

Although Xinran has come up with a practical rescue plan, the subprime mortgage crisis in the United States is still experiencing the most cruel stage. Just when Xinran and McKinley and the others were discussing, the two large banks ranked ninth and twelfth in the United States announced bankruptcy almost at the same time. The hard-earned money of a large number of depositors instantly disappeared! Although the US government has announced that it will take over these two banks and promised the depositors that they will return their savings in these two banks in full, they just don’t know when the US government will realize this promise. In the past, banks were regarded as the most trusted financial institution, and at this moment, people have labeled banks as liars.

The successive bankruptcy of many banks has gradually caused the American people to panic. Those banks that were not affected by the subprime mortgage crisis have also suffered! There are long queues of withdrawals in front of each bank's doors. All this happened too suddenly. Most banks did not expect such a situation. Because of insufficient preparation, each bank has suspended signs of closing business.

The helpless behavior of the bank greatly angered depositors. They were already worried that the bank would collapse and their hard-earned money would evaporate out of thin air. Now the bank has put on the sign of closure. The angry Americans began to take to the streets, clamoring and scolding endlessly. A subprime mortgage crisis began to gradually turn into a social crisis. The atmosphere of uneasiness is shrouding in the sky above the United States, covered with clouds!

As the center of the world economy, any turbulence here will be infinitely amplified and then transmitted to other capital markets around the world. Europe, Japan, and countries with high economic relations with the United States were affected at the first time. This anxiety and panic was quickly transmitted from the United States to Europe and Japan. Not long after, a Japanese company faced the risk of bankruptcy because it acquired a large number of subprime lending businesses in the United States. Moreover, all signs indicate that this is just the beginning. Everyone's heart seems to be filled with lead.

Harding naturally would not know about all this happening outside. One emergency incident after another caused by the subprime mortgage crisis made Harding's head bigger than a circle.

"The police chief reported that there were many incidents of smashing, looting near Wall Street, and the security situation was very critical! The Secretary of Defense even demanded martial law across the city. Harding, the situation is getting worse and worse!" In Harding's office, Levins said to Harding with a frown.

"I know I know, I don't want to hear this anymore, I just want to hear, what can we do to settle all this? God, how could this day be so long?" Harding held his head with his hands and shouted angrily.

Levins said in a deep voice, "Hardin, you must deliver a presidential speech immediately, so that everyone knows that you are still here, and give everyone some hope!"

Harding smiled bitterly and murmured, "Hope? If I had this thing, I wouldn't sit here. Levins, you asked me to give a speech, but what did you ask me to say? Could you tell me, the people of the United States, the American economy is in ruins, and you will become paupers in no time? Levins! Any speech that is now false, no one will pay attention to. The key is strategy and method, so that we can get through this crisis!"

"But, this crisis came so suddenly that no one expected that although I had summoned a large number of economists to discuss, it would be difficult to discuss a good solution for a while. The most urgent thing is to stabilize the people first!" Levins said bitterly.

"Damn it! I thought I did something good for the Americans, but I didn't expect to send the American economy to hell! These damn Chinese people, they have made me suffer!" Harding yelled at the table with gritted teeth.

"What's the use of saying this now? Things have happened! Harding, do what I said and give a speech!" Levins shouted in a deep voice.

"Okay!" Harding shook his head, stood up from behind the table, and accepted Levins' proposal helplessly. He said with a bitter face, "I really didn't expect that when the crisis broke out, I, Harding, could only say meaningless nonsense on TV! Apart from that, I can't do anything..."

"Mr. President, McKinley is giving a speech. Do you... want to see?" At this moment, Harding's beautiful and capable secretary rushed in and said with a complicated expression.

"What? Before I could give a speech, McKinley started the speech? Levins, turn on the TV, I want to see what McKinley can say at this time." Harding shouted angrily.

Levins found the remote control and turned on the TV. On the screen, McKinley seemed very angry, as if someone had borrowed his money and prostituted his wife! He said indignantly, "The people of the United States, our country is in an unprecedented crisis. This crisis is so dangerous, it is swallowing the wealth of our American people in big mouthfuls! Some people may ask, why this crisis came so suddenly and violently, I can tell everyone responsibly that all this was caused by our President Harding, who proposed a wrong plan at an inappropriate time! Harding is fully responsible for this crisis!"

"Bastard! This bastard!" Hearing this, Harding seemed to be a bomb that was detonated and exploded, and all the things on the table swept to the ground. He roared like crazy, "How can he say this? How can he?! This is slander, this is slandering me! I want to sue him, I want to completely destroy his political future!"

"Hardin, calm down! This crisis did happen after we proposed a plan to suppress housing prices. Our experts also said that our proposal to suppress housing prices is the direct trigger for this crisis! In this regard, McKinley is right, you can't do anything to him!" Levins said helplessly.

"Levins, why do you say that too? You should know that this subprime mortgage crisis will break out sooner or later. My proposal actually avoids greater losses to the United States. I am not the culprit, I am the hero of the United States!" Harding yelled angrily.

Levins murmured with a bitter face, "It's a pity that most of our people are not as smart as we imagined..."

"What...what?" Levins's words made Harding's body pause, and his face quickly dimmed.

On TV, McKinley was still passionate and angrily scolding Harding for his sins! The American people completely believed McKinley's words, and even collectively shouted the slogan to let Harding go down in front of the TV camera. Since Harding took office, he has never encountered such a serious crisis of trust, and his reputation seemed to have dropped to freezing point at once.

All this was really cruel to Harding. Just the moment before, he had a dream of re-election as president. At this moment, he had become a criminal in the American people's eyes. In his opinion, all this was like a dream, a nightmare that scared him.

Harding had no idea at all and looked at Levins with a sense of help. Although Levins was so calm, it was not difficult to see from his eyes that his mood was also particularly complicated and solemn. How to solve this crisis? A big question mark stood in front of him, the smartest aide who claimed to be the United States.

"Levins, do I still want to give a speech?" Harding murmured.

Levins shook his head and said bitterly, "Now speech will only have a counterproductive effect. No matter how you explain it, it will make the whole result darker and darker! In front of the angry American people, any explanation is pale and powerless and meaningless!"
Chapter completed!