The cigar in his mouth was constantly smoking. President Reagan could no longer feel the pleasure and mind that smoking the cigar brought to his body and his mind. His mind was now a little confused.

Now, it is 1988. As long as he spends this year safely, his presidency will be very perfect. Unfortunately, at this time, such a serious economic crisis occurred!

After Reagan came to power, he began to implement his economic policies, lower interest rates, expand military expenditures, increase government deficits and treasury bonds, to temporarily solve the problem of social welfare, eliminate loopholes in tax rules, and continue to revoke controls on business behavior, which led to the US economy growing very vigorously in 1982 after a sharp recession from 1981 to 1982. However, due to the continuous expansion of fiscal deficits and treasury bonds, the crisis of their government has become increasingly greater.

In the end, they had to make a move to depreciate the US dollar, but they did not achieve any effect, so they had to reduce military expenditures to deal with the danger.

After surviving a series of turbulence in the depreciation of the US dollar, the US economy began to improve again and the stock market began to rise. It seemed that the US economy began to get on the right track, but unexpectedly, at this moment, the stock market actually experienced a serious decline!

In fact, this is an economic necessity. After the US dollar depreciated, it began to appreciate slowly. In this process, international hot money slowly entered the United States and helped American stocks appreciate. Last year, foreign capital purchased about $300 billion in stocks on Wall Street, but they began to distrust the US economy. So, when the stock market fluctuated slightly and began to have a downward trend, they chose to withdraw their investments at the same time.

Stocks are originally a game that everyone plays together. Hello, I, everyone, buy and sell, and it is rising steadily. However, when everyone starts to sell stocks, no one is willing to buy them, the stock price will plummet.

"James, what's going on?" Reagan asked.

Treasury Secretary James Baker felt that he had always been very unlucky. He thought that the depreciation of the US dollar would improve the US economy, but he failed and finally survived that gray period. The economy began to improve, but the current problems actually arose again!

It must not be said that it is our own responsibility. James changed his mind and thought of a saying: "All this is caused by program trading. Due to the advanced technology, we have realized the use of computers to automatically buy and sell stocks. When the computer program sees the stock price fall, it depends on the mechanism set in the program. The computer joins the selling of stocks, which forms a vicious cycle, which accelerates the stock price, and the falling stock price makes the program sell stocks more in large quantities. Our economy has no problem, but the temporary stock decline cannot be controlled. Last year, we accelerated the degree of relying on foreign capital. However, our stock price decline caused foreign capital to begin to leave our country, so today's phenomenon happened."

James made sense and President Reagan nodded: "So, what should we take?"

"As long as we can find a huge amount of funds again and block this gap, we will survive this level and the economy will recover." James said.

Since there is no problem with the US economy and it is just a problem of capital flight, then as long as you attract funds, there will be no problem.

"Perhaps, we can continue to increase our national debt," said Vice President Bush.

1988 is an important year because it is the four-year election year for the US president! Reagan has been re-elected for two terms, so it is the next candidate in the Republican Party, that is, Bush, to run for the next president. This is a major event that concerns whether the Republican Party can continue to enter the White House, and they attach great importance to it.

Originally, with President Reagan's relationship, the Republican Party occupied more than half of the seat in the parliament and had a high image among the people. However, if the economic crisis cannot be suppressed, their prestige may be lost.

Bush was even more anxious about this crisis, which was very unfavorable to his campaign. Therefore, when he heard James' statement, he immediately thought of this method to alleviate the loopholes in funds and issue treasury bonds.

"Then we have to find a country that is willing to receive our national debts." James said.

Now that the issuance of national debts is absolutely undiluable by relying on the country, you have to find a country that is willing to receive national debts.

Originally, Western Europe and Japan were both countries that could potentially receive US Treasury bonds, but this economic crisis caused more or less problems in their country. Their holdings were strongly reduced, and the United States must find a new big head.

"The Middle East countries have always been very wealthy." At this time, Weinberg said, "Just let the Middle East countries increase their holdings of our national debt."

Which countries in the Middle East? This is a good choice! Reagan's eyes lit up.

I just received information that Iraq in the Middle East detained two Soviet warships. Taking advantage of the conflict between Iraq and the Soviet Union, although I don’t know what the inside story is, Weinberg never had a good impression of that place. And the guys in the Middle East are very wealthy, so I sold them the national debt to see if they were to accept it.

Bush's eyes were also lit up, which was related to his Middle East strategy.

In previous presidential elections, Jews have strong support. Whether they recognize it or not, the Jews' strong economic capabilities and their passion for elections are an important bargaining chip in the election of the president.

Previously, due to the espionage incident, there was some unpleasantness between the Republican Party and the Jews. So, will the Jews be pushed to their competitors? Bush was a little worried. This time, a suppression of the countries in the Middle East made the Jews recognize the Republican Party, especially Bush's attitude, which was very helpful for his campaign.

Moreover, in these countries, Saudi Arabia and Kuwait were originally completely pro-American countries, but now, their policies are slowly changing to Iraq, which is a bad signal. When necessary, the United States will threaten by force to let them know that only by following the United States is their best choice. However, there is no need to go this far. Saudi Arabia and Kuwait have a lot of assets in the United States. If their assets are frozen, it is enough for them to deal with this crisis.

Besides, with the historical relationship between the United States and these countries, there should be no problem in increasing their holdings of US Treasury bonds.

As for Iraq, it is necessary to take countermeasures. Iraq has risen too fast, and Israel may not be able to restrain Iraq now. Look at Iraq's reaction. If Iraq does not agree... Weinberg thought of the strong strength of the US team, it is time to show it.

When there is a crisis in the country, starting a war and diverting domestic conflicts have always been the favorite of politicians.

………

After announcing the detention of two Soviet warships, the port of Saddam was once again in a martial law. The situation was to prevent the infiltration of the KGB.

Of course, it is actually to prevent the infiltration of Western intelligence personnel.

The two warships have been modified, mainly to install the Iraqi people's own data link system, which can be connected to Iraq's C3i system, can conduct instant data transmission with early warning aircraft, air fighter aircraft, etc., and satellite communication antennas are installed. Now Iraq has partially rented the bandwidth of a communication satellite from Ousheng Electronics Company. Moreover, electronic countermeasures equipment introduced from Europe are used.

After completing the modification in about a month, the Iraqi Navy will learn the operation of these two warships with the help of the Soviets.

With the arrival of the modern and fearless class, the equipment of the Iraqi Navy has once again achieved a leap forward, and they have already had the foundation of the Blue Water Navy.

At the shipyard in Iraq, a logistics supply ship with a displacement of more than 20,000 tons was built. The hull of this supply ship was designed by the Eastern powers. The oil and water supply was designed by the Eastern powers, and the dry goods supply device used equipment imported from Europe to make up for the shortcomings of the Eastern powers in this regard.

Until Kusai left the Port of Saddam, Iraq's naval personnel were still in extreme excitement. The powerful combat effectiveness of these two warships made them feel for the first time that even when they encountered the US Navy in the ocean, they no longer had any response.

Supersonic anti-ship missiles, regional air defense missiles, and large anti-submarine helicopters are all things that Iraq has never seen before.

The Navy organized the best crew members to learn the operation of these warships, and most of them were transferred from the active warships. However, they were only the first batch. The Naval Academy had trained a large number of skilled naval personnel, while the second and third batches of crew members were all preparing. The task assigned by Kusai was to have at least five batches of cadets who could be fully familiar with the operation of such warships and be able to take over new warships at any time.

Navy commander Nasser was full of joy. President Kusai's meaning was very clear. Iraq will definitely buy large quantities of such large warships in the future.

At this time, on Geshm Island, the navy's aviation forces had already begun normal combat readiness duty. In the past, the navy's air supremacy had to be helped by the air force. Now, they can deal with low-intensity conflicts themselves.

After completing the matter at Saddam Port, Kusai took his own special plane to Riyadh, the capital of Saudi Arabia, to attend a meeting there.

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Chapter completed!