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Chapter 45: The Great Crash (1)

"It's indeed a fuse!"

"The effect of the medicine has been enhanced. Now one hour is equivalent to the past day!"

"Will it still break tomorrow?"

"I'll make a $5 bet, I will definitely..."

"Then change the gambling method and bet on what time will traders get off work tomorrow?"

"Make sure to get off work at 11 o'clock, so there is no more, so the exchange can save a lunch..."

"It seems like it can recommend part-time jobs for the afternoon to traders."

"Why do you need a part-time job? Additional regulations should be issued. Anyone who has a circuit breaker in the morning will continue to open in the afternoon - open the next day's trading, so that the 5-day trading time can be completed in 2 and a half days. If it is tighter, it's OK. Then President Hoover announced that the government has achieved success in turning the tide - in the past, there were 5 days of declines in a week, but after hard work, it has only 2 days of decline in a week..."

"Your joke is not funny at all!"

"Shhh... the president is here!"

With Contini's appearance, he was still noisy just now, and his complaints and strange words stopped immediately, and the press conference officially began. Contini apologized first: "I'm very sorry for being late. I just answered the president's call. We had a deep and honest exchange of 48 minutes, and fully exchanged opinions on topics of common concern to each other..."

Everyone pricked up their ears and listened, wanting to hear what consensus reached between the two senior officials. Contini spread his hands and shrugged, "We have achieved gratifying achievements. Both sides understood each other's position and agreed to have further in-depth exchanges tomorrow..."

The young reporter with inexperienced asked the old fox next to him: "What does the president mean in confusion?"

The other party raised two fingers: "Two sentences: First, the two sides argued so hard that no one could convince anyone; second, the two sides agreed to continue the argument tomorrow..."

"Puff..." Old Ji, who was drinking coffee in front, suddenly heard this strange theory and sprayed out all the coffee in his mouth. There was a commotion at the scene.

"Today we don't have any group news that needs to be announced, so we can go directly to the free questioning time..."

A reporter asked: "If it is convenient, can you disclose to us what topics you have communicated with the president?"

"The president criticized me for not being so rash in his opinion yesterday, which caused the stock price to plummet today. I feel very wronged..." Contini looked innocent, "In today's big drop, the group not only did not reduce its holdings, but also slightly increased its holdings of some Libyan Oil and United Motorcycle stocks. The sharp drop in the market is the choice for investors to vote with their feet. We can only not join in the fun. In order to help other banks tide over the difficulties, we also returned nearly US$200 million in borrowings from other banks in advance. Now United Bank's credit exposure has been reduced to less than 1.8 billion, which is half the previous so-called 4 billion risk exposure. Among the more than 2 billion this reduction, excluding the 500 million, it was originally a reduction in the holdings of United Bank's stocks as a financial investment. We did not reduce our holdings of the shares of United Group's affiliated companies, and even slightly increased our holdings...

It can be seen that the decline is caused by the common factors of the market. How can I blame me? If I can affect the stock market so significantly, then I will say now that the stock market will rise sharply tomorrow and will break upward. Do you believe it? So I replied to the President, your words are equivalent to the foolish king who used to be the formerly foolish king did not blame the generals who had defeated the front line, but killed the messenger who reported the news - he cannot accept this metaphor for the time being."

A bunch of people burst into laughter, but many people laughed bitterly.

"Of course, the president's criticism also makes sense. We should take the lead in increasing our holdings. I decided to buy no less than US$10 million after the circuit breaker tomorrow. Mr. Francisco bought no less than US$1 million. Other senior personnel will purchase corresponding proportioned stocks, with a total of no less than 15 million." Contini smiled slightly, "Your Excellency the President still needs to give you the face. These stocks are established as a joint group management holding fund, and I will be responsible for the bottom line. If you make money, I will buy back at the original price. It will take 6 months. Of course, the circuit breaker must be done. If you don't have a circuit breaker, it means that the market has withstood the test, and we don't have to cause trouble..."

"United Group only paid 15 million?"

"I'm wrong, it's not that United Group has released, it's that United Group's senior management." Contini emphasized, "I can't use United Group's funds to take over the stock market, because the Italian stock market is also falling sharply. My advice to the country is not to rescue the market. Who stipulates that stocks must rise? If they can only rise but not fall, then why do you open the stock market? Everyone is going to make a fortune while lying down. I don't advocate saving the market in Italy, and oppose any consortium to rescue the market. It's better to fund more students to receive 9-year compulsory education than to have some money. Italy is the first country in Europe to make up its mind to popularize 9-year compulsory education, which fully reflects the superiority of fascist and fully reflects the leader's purpose of serving the people.

As some media have attacked, we do not have freedom - the government does not provide only six or even three years of compulsory education, and enterprises do not have the freedom to hire child labor. We also have to launch another initiative, that is, the top 50 Italian companies, including the United Group, solemnly promise that in the economic downturn, we will not fire employees on the grounds of corporate difficulties - now there is no freedom to hire...

All employees of the United Group will receive this commitment. As long as you complete your work diligently, do not violate company regulations, and do not violate laws and regulations, you will not have the freedom to lose your job for the time being! Because I have repeatedly emphasized that the United Group is a national policy group, without a shareholders' meeting or board of directors, and it is not simply for profit-making purposes. You are not working for personal bosses and consortiums who are profit-oriented. You are serving the country and contributing to the great rejuvenation of the Roman Empire. You cannot call you together when you contribute when you don’t need to make a contribution and shout long live the leader and the glory of dedication. When you don’t need it, you say that the country is in trouble. You must understand the country and the company and be laid off for the time being - I am not so shameless!"

A bunch of reporters stood up and applauded: Because the stock market has fallen recently, industrial and agricultural production has stagnated, and the United States has experienced a lot of unemployment, so Contini's words mean something.

"This is also what you communicate with President Hoover?"

"That's right! I told him my idea. He said that my idea was good, but it was not possible in the United States. He could not let those companies guarantee not to fire workers because it undermined the American liberal system. I retorted that I admit this status quo and tradition, but I think this idea and system are completely wrong. In order to maintain their profits, some capitalists would rather stick to the heads than sell equipment and products to the United Group at a discount - although the labor costs of raw materials and workers have been greatly reduced. If this system continues like this, will such a scene happen in the future: in order to maintain prices, farmers would rather burn food than sell it to the outside world? Agricultural capitalists would rather dump tons of milk into the river than sell it to those in need? If such a scene occurs, do you think it is important to maintain this system, or to uphold our inner morality more important?"

Contini took a deep breath and said in a serious tone: "He said it would not be so, but he would think deeply about this topic... So gentlemen, we have held so many press conferences, and you always ask me. Today, I want to ask you - which one do you agree with the freedom of capital and profit and the regulation of the principle of fairness? Journalists who recognize the concept I advocate, please stand up and show the society the direction of our public opinion. Is it wrong or this society wrong?"

Hula suddenly stood up, and eight out of ten reporters present stood up.

"Very good, I saw this scene. I hope you can tell President Hoover tomorrow what is human support - although the consortium is very powerful and has a lot of money, but electing a president is one vote."

Contini said maliciously, "Some people suspected that I was funding Mr. Adolf Hitler. Some people said that I wanted to control the German regime, and at least seek benefits from it. This is purely nonsense. How could a great country like Germany be controlled by me? How could I, a foreigner, do something that even William II could not do? I agree with Mr. Hitler and his National Socialist Party movement because I believe that this system is more suitable for the needs of the German people and in line with my social views and values. Today, the same is true, if President Hoover or other presidential candidates or other politicians are sincerely willing to achieve the transformation of the United States through peaceful means, I will cover the presidential campaign funds in three years - isn't it just tens of millions of dollars? I can afford it! You don't think that spending these tens of millions of dollars can control the American regime and the American people, right?"

The scene was shocked. Everyone didn't know how to answer this sentence, but they just felt that it was really crazy - there were always unexpected times when the president spoke and did things.

"Of course, you can also criticize me for interfering in the internal affairs of the United States. If I offend this rule and offend American politicians and system, I sincerely apologize to you." Contini glanced at everyone, "But I want to hear a truth. If I am an American who meets the conditions, I consider using my usual political logic and values ​​to participate in the next presidential election, will you vote for me? Reporter who is willing to vote please applaud me!"

"Wow wow wow wow..." There was warm applause at the scene, and someone said, "The president's fans are amazing. If he comes to the election, there will be guaranteed that many people will vote..."

"But this is impossible. Article 2 of the Constitution stipulates that only those who are over 35 can run for election - regardless of whether the president is an American or not, even if he is not old."

"This is a damn system! Is it amazing to be 35 years old?"

"Brother, you won't say such things when you reach 35."
Chapter completed!
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