Jasper’s reply did not put these old,
experienced presidents at ease.
In order to the level where they were now,
they not only had to possess exceptional
intelligence but were also widely-read
critical thinkers.
Thus, they would not blindly believe what
anyone said, not even if it was Jasper.
Instead, they would put whatever they
heard through their thought framework
and try to locate any problems that might
exist.
Soon, someone spotted a problem.
Mr. Reagan from HW Group said, “But in
terms of strength, when you put it on
paper, our side would be the one that
collapses first.”
Mr. Reagan gave Jasper an apologetic look
after he said that.
Jasper smiled and gave him an understanding wave.
He had just been stating the facts and was not trying to pick a fight with Jasper.
“In truth, even if Mr. Reagan had not brought this matter up, I would have discussed it as well. After all, I’m sure that this is something everyone is worried about, and it is a perfectly valid and important problem.”
Many nodded their heads in agreement when Jasper finished speaking.
“That’s right. On paper, we’re no match for the United States in terms financial capital. However, that in and of itself is problematic.”
Jasper raised a finger and said with conviction, “Both the Somerland officials and the United States officials have not made the necessary preparations for our countries to engage in an economic war. Thus, at the end of the day, this is something that’s between private capital and companies.”
That was a given.
If the United States decided they wanted to engage in this economic war against Somerland, Jasper would not waste his time talking.
There was no point in fighting a war they had no chance of winning.
Moreover, based on current international situations, the United States would not. engage in an economic war against Somerland that would ultimately also pit the countries against each other.
It was not a problem of whether they would win or not, but rather, it was because it would lead to a complex international situation that affected many other bodies once it started.
The smaller scope made Jasper feel that this matter could still be kept under control.
“Capitalists only have one attribute, and that is they are profit-oriented. Once the capitalists realize their potential losses will be much larger than their earnings, they’ll flee. This is something that no one can stop.
Jasper narrowed his eyes slightly and said, “If you look at Wall Street, you’ll see
that there are more than 300 companies o n Wall Street alone. However, the question is, how many of those companies are actual brick-and-mortar companies? The answer is zero.
“Wall Street uses capitalist methods to control the real economy into making money for them. It is their greatest advantage, but also their biggest weakness.
“As for what I have to do, I have to cause the Wall Street capitalists to suffer major losses. They’ll flee once their losses cross a certain threshold. You can make high earnings quickly by using capitalist methods, but you lose that money even quicker. Thankfully, JW Foundation has. already completed half of that work, and only the other half remains. That is what I will continue to work on.
“In summary, as long as our country manages to tough it out make it through the hardest stage at the start, victory is not impossible.”
Many people heaved sighs of relief when they heard what Jasper said, and they felt their racing hearts calm down slightly.
After all this, the economic forum was
drawing to an end.
The result and purpose Jasper had been after had also been achieved.
At least all the entrepreneurs who attended the forum had reached a consensus Everyone now knew that at this point, they should not be holding personal gains or losses against each other now. If they lost this game, everyone would be done for, and things would not look pretty for them.
If they wanted to remain in this game and continue earning money to maintain a high social standing in the country, they would have to grit their teeth and tough it out.
Without considering anything else, at the very least, these entrepreneurs were all feeling the most interconnected they had ever felt.
Of course, even though the formalities had been taken care of, they still needed t o discuss plenty of details.
It would require Jasper and other people
who were at least in charge of leading
companies within the industry to conduct
private discussions. It was a time
consuming and troublesome matter, but
with Jasper’s prestige and the
government’s backup, it was just a matter
of time and effort. Jasper wanted to get
everything done in the next two days
before the market continued operations
like normal.
Just as Jasper was about to end the
economic forum, Wendy hurried over
with a solemn expression on her face and
gave Jasper a meaningful look from where
she stood. Jasper’s brows furrowed
together slightly. He knew for sure that
something huge had happened if Wendy
had come over now and requested to talk t
o him.
However, it remained unknown if it was a
good or bad thing.
Jasper handed the microphone to Wayne
and signaled for him to continue hosting
the economic forum before walking off
stage.
After all, in his past life, Wayne’s favorite
thing to do after making it big was to
share his personal opinions and preach
about life to others. Hence, Jasper was not
worried he would mess things up.
When Jasper walked over to Wendy, he did
not even need to ask what was going on
before Wendy spoke in a harried voice.
“About ten minutes ago, Half-the-Harbor
Langdon, Kennedy Langdon, and Sawyer
Atticus acted as representatives from
Fongroup, Hope Group, and Atticus Group
respectively in achieving a strategic
alliance, cross-sharing up to 15% of
stocks as they pledged to protect each
other’s interests.
“Moreover, during their press
conference, they announced three
resolutions that go against the Somer
people.
“Firstly, they’re completely backing out o
f Somer’s financial market. Then, they’re
terminating all collaborations with JW
Company and any companies that work
with JW Company. Lastly, they’ve decided
to invest 500 billion US Dollars into the United States financial market, using 100 billion US Dollars to settle the United States’ debt. The minute the press conference ended, they’ve already repaid 2 o billion US Dollars’ worth of the country’s debt.
“As a result, the United States national debt market is quickly regaining its footing and gradually rising. As the stock market is still closed now, we’re still unable to observe how it will affect Harbor City’s stock market. However, the internal analysis shows that the Harbor City stock market is probably going to see a major drop, and that might bring about serious repercussions.”
The crease between Jasper’s eyebrows deepened as Wendy spoke.
“Press conference from ten minutes
ago?” Jasper asked.
Wendy nodded and said, “Yes.”
“Looks like it was done to spite us.”
Jasper narrowed his eyes slightly and chuckled coolly as he said, “So, they’re all just as bad as each other. Fine, it’s a good thing they’re working together now. I can get rid of them all in one go!”
