Rebirth: My 80s
Chapter 1034: Popular in America
“From the enthusiastic applause, it is not difficult to see how badly the market needs someone to give guidance.
"Mr. Li, your insight into the stock market is unmatched.
"All of your predictions have come true without exception.
“I believe in the future direction of the stock market, and investors are only willing to believe you.
"You've been resting for a few days, and you may not know that Arthur, the investor you saved, called you 'the greatest stock god in history' during a media interview. After the news was published, no one questioned it."
After a brief opening statement, the host Adam looked worried and sighed:
“The financial markets are in shambles right now.
“Finance in turn affects industry.
"Banks went bankrupt, factories closed, and companies laid off a large number of employees. It seems that... as some economists analyzed:
“The Great Depression after 1929 may happen again.
"When you were a guest in the studio last time, you said that the stock market recovery is only temporary. Do you share this view as well?"
Li Jiankun brought the plug-in microphone to his lips and waved his other hand: “No.
"My view is: This stock market crash is over."
Hey!
As soon as these words came out, the host Adam's body was shocked, and the dejection in his body disappeared, and a dazzling light burst out in his light blue eyes.
The business school students from various universities in the audience were all stunned.
That's not what their professor said.
The stock market crash as severe as Black Monday happened right now, and their daily classes could not avoid related topics. The professors analyzed the ongoing stock market crash duet and their views were extremely pessimistic.
As host Adam said, professors predict that a major recession is likely.
God knows how many people in front of the TV had their tense hearts relaxed at this moment.
There were even some who cried with joy.
"Oh, this is really the most wonderful news in the past half month."
Adam quickly asked, "Can you share your analysis with the audience? Why do you suddenly have such an optimistic view?"
Li Jiankun nodded and said:
“I remember when I was a guest here for the first time, I said: There are too many junk bonds in the US stock market, investment banks are expanding blindly, and Wall Street is overcrowded.
"Someone refuted me at the time, saying that although the secondary market was temporarily not doing well, it was not enough to affect mainstream securities and the entire market."
Adam responded: "He's obviously wrong."
"Do you remember that I didn't argue with him at that time?" Li Jiankun asked.
Adam said the memory is still fresh.
Li Jiankun continued, "That person has a certain knowledge and understanding of the stock market. At least he understands that the foundation of the current US financial market is relatively stable."
Without waiting for Adam to speak, Li Jiankun raised his hand to signal him not to speak, and then said:
“I know you’re going to ask: Why did such a severe stock market crash happen again?”
“Now it seems that the answer is just as I said at the beginning - junk bonds are popular because they are so profitable, investment banks are deeply involved in them, and continue to fuel the flames, forming a vicious cycle.
“Thus lit the fuse that led to the stock market crash.”
Li Jiankun paused for a moment and said:
“People who are engaged in economic research should all know one thing: the U.S. economy has actually maintained a relatively high growth rate in recent years.
“This is the foundation.
"This stock market crash simply triggered the financial market's self-protection mechanism, leading to an adjustment that is beneficial to the health of the stock market."
"So yes, I think the situation is different now than it was in 1929 and there is no great recession happening."
In the studio, there was only Adam who seemed to be thinking about something.
Students from all major business schools were stunned by what they heard.
Could it be that this stock market crash is actually a good thing?
The self-protection mechanism of the financial market?
This concept is so damn novel and confusing. This sentence alone is enough to open a course in university.
Many students thought that if they could figure out something about this, they would be able to apply for an analyst position at a large investment bank.
Adam raised the question as the host:
"But the adverse effects of this stock market crash are indeed happening. I have mentioned this before: banks are going bankrupt, factories are closing, and companies are laying off a large number of employees..."
Li Jiankun took over the conversation and said:
"If the stock market trend is as I said, we might as well regard this stock market crash as a change, but it was triggered by the market's self-protection mechanism.
“Reform will always be accompanied by pain.
"What the U.S. has gained is healthy stock market growth over the next period of time.
“The losses are those that Mr. Adam just mentioned.
“In my opinion, the stock market crash is over, but the blow is still huge, and the U.S. economy should stagnate for a long time.
“The original sin was the stock market crash, but the main factor was the series of chain reactions triggered by the stock market crash.
“For example, investors’ confidence in the U.S. market has been dampened, and the pace of social production has gradually slowed down.
“Due to the lack of consumer confidence, purchasing power has declined and spending has dropped sharply.
"Depressed consumption and reduced investment have exacerbated the deterioration of the economic situation, ultimately forming a vicious cycle.
"There will be a large number of unemployed workers in society, and economic problems will gradually turn into social problems..."
Li Jiankun concluded: "This stock market crash may bring the consumption-driven U.S. economy to a turning point."
quiet!
After Li Jiankun finished speaking, one could hear a pin drop in the studio.
Not to mention the students from various business schools in the audience, they were all stunned.
Even the host Adam had a dull expression.
People who are not engaged in economic research may not understand the meaning of these words -
With just a few words, Jack Lee predicted the situation in the United States for a long period of time in the future... maybe three years, maybe five years, maybe ten years!
As for Li Jiankun, whether he says it or not, the US economy will develop in this way in the future.
Even if we know the problem in advance, who can cure it with just one shot?
In the past, banks went bankrupt, factories closed down, and companies laid off a large number of employees... Didn't Washington know about this?
What a futile plan.
Just staring.
What the people in the studio and the audience in front of the TV didn't know was that backstage, the two economists who were originally invited tonight had found pen and paper from somewhere.
rustling...
The pen falls quickly.
Afraid of missing a word——
This is a live broadcast and there will be no replay.
The host Adam didn't have time to think about it. He didn't want to let the show go cold, so he quickly picked up the microphone, looked at Li Jiankun and said:
"Many stockholders, including securities practitioners, are looking forward to communicating with you. Of course, we fully understand that you are busy with work and it is impossible to achieve this.
“But do you think you can just chat with a few enthusiastic audience members and satisfy everyone’s wishes?”
Li Jiankun had noticed that there was an extra phone on the coffee table next to the sofa.
I couldn't help but frown slightly.
Add temporary programs.
I hadn't told him before.
He was disgusted by such behavior.
This will be his last time on the show.
"it is good."
There's no way to refuse, this is live TV.
After expressing his gratitude, Adam signaled the director team to answer the call.
The first three callers were all very polite and asked serious questions. One of them was even fanatical and shouted "Jack Lee, I love you" before the call was disconnected.
The fourth caller came with bad intentions...
A voice came from the phone:
“I just have one question, and it’s one that everyone seems to be ignoring.
"I'm very curious, isn't anyone curious about how much Jack Lee made this time?
"No matter what, he is making money from our national disaster, but you regard him as a hero, which is unreasonable.
"Hey, Jack Lee, do you dare to answer my question directly? The American people need to know."
Adam laughed awkwardly and looked at Li Jiankun.
The students in the audience pricked up their ears.
How can I not be curious?
In fact, how much wealth Jack Lee has seized in this stock market crash has become a hot topic in society.
What Li Jiankun didn’t know was that there were also several people in front of the TV who were worried about him.
The little hero and his wife, Liu Jingyan, and Abby.
This is not a problem, but a trap.
If the number were revealed, it would shock the whole world and inevitably trigger hatred against the rich.
If you don't say anything, people will have more to say. People's appetite will be whetted to the limit, and the media will spare no effort to dig deep and get to the bottom of it, leaving you no peace.
dilemma.
"Who are you? With your attitude, I need to care about your problems?"
Li Jiankun glanced at the white landline phone with the speakerphone on and a microphone next to it and said, "However, I know many people are curious about this, so I will satisfy everyone."
The guy on the phone who was about to start scolding stopped talking and sneered a few times.
In the studio and in front of the television, countless people pricked up their ears.
"I made a lot of money."
Snapped!
Someone in the audience was leaning forward and not sitting properly. When he heard this, he slipped to the ground.
Even the host Adam almost sprained his waist. He really wanted to say: Brother, you are on live TV, can you be more perfunctory?
A voice came from the phone: "Jack Lee, you coward——"
"Shut up!"
After Li Jiankun interrupted him, he continued: "Then I used the money to buy a large number of American company stocks. Has no one noticed that the stock market has risen abnormally many times in the past few days?
“I used the money that was going to evaporate to buy stocks of American companies, so that the related enterprises could get out of the quagmire as soon as possible.
"It will also have a positive effect on the overall US stock market, and investors who have suffered losses can recover their losses as soon as possible...
"You idiot on the other end of the phone, you want to stir up trouble and make people hate me, are you worthy of that?"
The other end of the phone: "..."
"Shabi!"
"Get out of here, you piece of trash!"
"Director, director, hang up on him!"
"You are so petty and bring shame to us Americans!"
...
In the audience, many students stood up and cheered.
No need for the director to hang up the phone.
beep...
There was a busy signal on the phone.
The guy ran away in shame.
The show time was up, when Li Jiankun stood up and said goodbye politely.
Everyone in the studio stood up to see him off.
clap clap clap clap clap clap clap clap clap clap clap clap clap clap clap clap clap clap clap clap...
The applause did not fade away until he disappeared from the studio.
The next day, mainstream media in New York State published articles:
"America should thank Jack Lee!"
"Taking from nothing, giving back to America, well done Jack Lee!"
"That man predicted the future of the American economy!"
"Many economists said: Jack Lee's prediction is very likely to come true!"
...
An article in the Wall Street Journal has the most explosive title:
"He is the Eastern saint, the savior of the stock market, and the hero of the times!"
Mainly, many well-known companies on Wall Street suddenly found that:
Jinding International Investment Company became their major shareholder...
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