Chapter 991 - Asia-Europe Economic Cooperation Organization
Yanayev brought two exciting news to the world, the first was that the Soviet Union was about to hold a military parade on Red Square in October, and the second was much less indifferent than the first, because the Soviet Union and China were publishing information almost simultaneously. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
The Soviet Union's foreign cooperation is about to form the Asia-Europe Economic Cooperation Organization, which is not only an alliance between the two great powers, but is more likely to affect changes in the situation in East Asia.
This news is like a bombshell, and the political arena of the White House in the United States is shaky. Everyone watched in amazement as Shevardnadze's foreign spokesman, and then discussed the impact it would have on the situation in Europe and the world as a whole.
It is absolutely unbelievable that a country with a planned economy has the ambition to establish a cooperative organization for a market economy.
Yanayev surprised everyone in the country, and for Europe, it was a surprise.
At this time, President Mario was just beginning to take his first steps in Mario economics, and in order to solve the large deficit that plagued the American economy, Mario made it a priority to reduce the federal deficit. To that end, he resolved to reduce the deficit by $393 billion, on top of the $400 billion he agreed with Congress in 1997. In the next five years, a total of $235 billion will be reduced in spending and $246 billion in tax revenue. Tax increases are against the tide, but President Mario's reasonable burden policy puts 90 percent of the tax increase on the shoulders of the top 6.5 percent of taxpayers. The increase in the income tax rate is more limited to the 1.2% of high-income earners, so his policy has won the support of the vast majority of taxpayers and won a strategic advantage.
The next step was to reform the current health insurance system, but Mario had not yet taken the second step before he saw the good news from his old rival.
Damn good news.
So he immediately asked the chairman of the US Council of Economic Advisers to come to his office. Apparently he was very angry at what the Soviet Union was doing, as if there was an invisibly additional adversary that could develop into the European Union. At that time, the Committee for Mutual Economic Assistance was nothing more than a product of the petty quality inspection of socialist countries, and there was nothing to be feared. But the two socialist countries that have transitioned to a market economy are enough to cause headaches and troubles for President Mario.
"Thank God, one EU is enough of a headache for us, now what else do they want to do? Is there another even more terrifying monster organization? ā
For example, the SCO, which strengthened cooperation with the Soviet Union and Central Asian countries in the name of counter-terrorism, is suspected of being a small Warsaw Pact in Mario's eyes.
"Once formed, it means that a super-economic alliance will rise on the other side of the Pacific, which is something more terrifying than the European Union, more than other organizations."
"We have to do something, do we have to wait until the Union of the Mediterranean becomes bigger in the EU and becomes another existence that threatens Europe, and then we rush to find a way out?"
President Mario glanced at Jennifer Yellen in front of him and sighed earnestly, "As the chairman of the U.S. Council of Economic Advisers, I don't think you should know what I mean, right?" ā
A woman whose decisions can affect Wall Street and even the global economic situation also showed an uneasy look at this time, and President Mario's reminder made her a little helpless, after all, in most cases she decides a series of domestic economic policies in the United States, rather than waging an economic war against other countries.
"Economic warfare?"
Yellen hesitated, raised her head and said to President Mario, "Your Excellency, I don't know if there is a method that I don't know if is feasible, although it will not have a fatal impact on the Soviet Union, but it is enough to stop the Soviet Union's progress. ā
"Huh?"
President Mario became slightly interested, asking, "What are you going to use to stop the Soviet Union?" ā
"In 1997, an economic crisis broke out among Southeast Asian countries, and the root cause was also the improper foreign exchange policies of some Asian countries. In order to attract foreign investment, they have maintained a fixed exchange rate on the one hand, and expanded financial liberalization on the other, which has provided an opportunity for international speculators to take advantage of. For example, Thailand lifted the control of the capital market in 1992 before the domestic financial system was straightened out, allowing the flow of short-term funds to flow unimpeded and providing conditions for foreign speculators to speculate on the Thai baht. This is also the reason why there is financial turmoil. ā
"And then?"
"Imagine what would happen if these international speculators continued to attack East Asian countries, or even the newly established market economy with Soviet characteristics?"
President Mario's brow furrowed slowly, and he vaguely realized what Chairman Yellen had just said meant.
Yellen prompted, "They are trying to muddy the waters of the Asian economy, and we will do what they want." Anyway, the Soviet Union issued a statement at this critical moment, didn't it just want to consolidate its own interests in the midst of the crisis, how could we possibly let his goal be achieved? Then let the financial giants continue to expand their gains, pull the economies of East Asian countries into it, and stir it into mud. ā
Since George Soros is having such a good time in the Asia-Pacific region, Yellen will not stop the other party, but it is better for him and the capital group behind him to take the opportunity to act and make some movement between the Soviet Union and East Asian countries. so as to block the next economic cooperation plan.
The best way to extinguish a fire is to cause a bigger explosion until the other side is left to fight back.
As long as they can make Russia hurt their bones, their goal will be achieved, and it doesn't matter what the final outcome is, anyway, the White House is out of the room, no matter how you calculate, you will be the winner.
"I'll leave this matter to you, President Yellen, the United States will not participate in this kind of petty fight, and it is best for the capital group to come forward."
By saying this, Mario is empowering Yellen to do these unseemly actions, while the White House sits behind the scenes.
"I'm going to go to the Wall Street financial predators, and as for what to do next, they'll take care of everything. If we're lucky, the APEC plan may be postponed for another year or two because of the financial crisis. ā
Yellen confidently said, "Let's teach these socialist countries a lesson first, and let them know how financial warfare is played." ā