On July 1, 1998, this was the second day after the release of the euro, and President Wellington was very busy on this day.

On this day, Wellington signed more than thirty bills in one go in the White House’s presidential office, covering all areas including finance, education, agriculture and health care.

When facing a reporter's interview, President Wellington said that he was trying to enhance the competitiveness of the United States.

"Financial is always the engine of economic development, so no matter when, we must ensure the good operation of the engine. The Ministry of Finance has the function of supervising and managing all banks, but at the same time it also has the function of ensuring efficient operation of banks. Now the Ministry of Finance invests in the purchase of bank shares, which is a good way to strengthen the competitiveness of American banks and stimulate economic growth."

"I can notice that while our country is strong, in some neighborhoods in Brooklyn we can still see homeless people, people who can't afford to eat burgers, and even in Times Square, where we are most proud of, we can see vagabonds. We need to help them, so I decided to increase the monthly unemployment benefits by $200, which will help them a little."

"If only US dollars is not enough, we need to prepare more food for them that can be bought in US dollars, so we have to subsidize agriculture. Only in this way can we not see the regret of farmers dumping milk and truckloads of chickens and cows being buried on the spot."

"There are also some large-scale engineering projects launched by the federal government, using them to drive employment, increase investment in medical care and education, and improve the expectations and educational environment for more Americans..."

In the face of reporters' free talk, Wellington kept explaining every bill in the simplest and most popular language, and told everyone directly that doing so was boosting the economic confidence of the entire United States.

The reporter who can interview Wellington naturally cannot be a rookie. After Wellington introduced his new bill in such a long way, he immediately asked his question keenly: "I'm very curious, Mr. President, why did you suddenly sign so many bills at once? As far as I know, this is unique in the entire history of America."

The reporter also said: "Is it about the US stock market? I have heard some interesting rumors recently, about the euro. Some people, with the issuance of the euro, Europe will become the world's largest single market with the help of euro reform, which will pose a very big challenge to the status of the US dollar. Some people even say that there are currently trillions of dollars in Egypt in New York. I don't know what you think about this, Mr. President."

Wellington shrugged: "I think you have given a good answer to this question yourself. It's just some interesting rumors that they are not true."

But the reporter obviously intends to ask the bottom line: "But at the last moment of the day before the euro issuance, the three major stock indexes plummeted across the board. Isn't this a sign of capital escaping?"

"Of course this is not, it's just a normal market technology adjustment. Why do you say that? We just need to look at the subsequent market development. The stock market has not seen any further declines, and there has even been a certain degree of rebound and rise today. These are all positive signals released by the market."

Wellington replied, but did not mention that it was related to the more than thirty bills he urgently signed today.

But in Wellington

But my heart was not as calm as he showed, but was quite frightened because the market result was different from what he expected.

More than 30 bills were signed urgently, which was Wellington's desperate approach after his collapse with Fed Chairman Green yesterday. He hoped to use these urgently signed bills to finally save the stock market that was on the verge of collapse.

The stock market says nothing can collapse, at least it cannot collapse during its term!

This is Wellington's simplest idea, and similarly, his pride as the president of the United States does not allow himself to compromise with the Chinese. Even if there are wealthy families like Morgan and Rockefeller in the middle, he must prove that he is better than the Chinese!

He didn't know what was going on now. Even the reporters in front of him knew that trillions of dollars of capital had flowed out of the United States. Would he, the president, not know?

On the contrary, he knew that there was a huge capital hole in the United States and realized that this could not be solved by ordinary means.

Wellington's previous plan was to support the stock market by the Federal Reserve's quantitative easing. He knew that not every Fed shareholder wanted the US economy to collapse. He thought that if the Federal Reserve helped to pour water into the stock market, he could buy him a certain amount of time. He could adjust the plan, or slowly let the stock market land, so as not to have too much turmoil.

But he never expected that in just one day, Fed Chairman Green ran to the White House to throw him a "bill" and told him that the Fed would quit.

Wellington was very angry at the time, but afterwards he opened the "bill" given by Greene, he realized how much the Fed had injected the stock market in one day.

The Fed can inject water to save the economy, but it is impossible to end the printing of money at the risk of the dollar's breach of trust.

So Wellington and Green ended up having a bad time. Although Wellington lost the support of the Federal Reserve, he still did not intend to compromise with Zhou Ming. He still believed that he still had the "power of a fight".

So Wellington summoned his staff to discuss overnight, and finally the more than thirty bills were signed.

Wellington's plan is very simple. Just like the previous Fed cooperation, it is necessary to invest huge amounts of funds into the market and put the stock market first to prevent it from falling, and then think of subsequent plans.

Originally, in Wellington's expectation, if I played the cards of more than 30 bills, the stock market should have a small climax of rising prices, but the stock market data given by the reporter now obviously did not meet psychological expectations.

The personal determination and signing of the bills made Wellington very clear about how much water he had poured into the market through these bills. Is it still impossible to hold back the stock market? Or does the market take time to accept these bills and give itself feedback?

Wellington didn't know, but the facts soon told him.

Wellington continued to talk to reporters: "The undeniable euro issuance has indeed brought certain impacts on the United States, but I think the U.S. stock market is still very healthy and will not be easily disturbed by the external situation. Just like now, the euro issuance, all economists are talking about it, saying that the dollar will be shaken, and that the stock market will collapse. So I just want to say to these people here, no, the stock market will not collapse, I will use all my own means to make it continue to rise!"

Wellington said confidently, but then the expression on his face changed.

It was stiff because he had seen the real-time stock market data on the prompt screen behind him had actually turned on a red light.

This shocked Wellington: "The stock market is actually falling? No, this is impossible!"

The reporter interviewing Wellington was also confused. As a financial reporter, she certainly had a certain understanding of the stock market. Generally speaking, Wellington just signed more than 30 water injection bills, and it was still a comprehensive market from infrastructure employment to education and medical care. It was strange that the market did not surge sharply. Why would it still fall? Is the money from the water injection into the market fake? Or... something more serious happened?

"Mr. President, I think this must be a technical failure. Let's wait for the technicians to repair it." The reporter came out very smartly and smoothed out.

"This is of course a technical failure, or a prank that your technician deliberately made when he got drunk yesterday, but I hate this prank the most, so today's interview ends here!"

Wellington ended the visit with a very decent way, then hurriedly got up and left the room, even forgot to shake hands with the reporter lady.

Because Wellington was really panicked at this time, he needed to determine what was going on.

Wellington hurried back to his office, and at this time his staff had gathered here.

"Gentlemen, let's talk about what's going on now." Wellington said. In fact, he wanted to pretend to be relaxed, but he really couldn't feel relaxed at all.

His staff were not relaxed either. They all looked at each other, as if no one knew what to say. Only his female assistant Monica turned on the office TV for Wellington, and the real-time stock market data was immediately played.

Wellington frowned tightly when he saw the numbers above: Well? 1.5%, why is it more serious than just now?

Wellington pointed to the TV repeater and asked, "Can anyone tell me what's going on? Haven't I signed thirty business bills? Why is the stock market in New York still falling? Are the bills I signed are all fake and have no legal effect?"

Faced with the president's questioning, these aides lowered their heads, and no one knew what to say.

Wellington certainly wouldn't let them remain silent, he pointed out his economic adviser: "Mr. Navarra, you are my professional adviser, I brought you from Arkansas to the White House, and now, I need you to give me the answer."

Navara knew she couldn't escape, so she could only answer: "At first, we thought the situation in the stock market was not that bad, and we could pass these bills..."

Wellington interrupted his ramble impatiently: "Don't tell me this, you know what I want to listen to!"

Navara's face turned pale and she stuttered: "Old... Mr. President, I think things may be far more serious than we expected. The loss of funds in the stock market is probably greater. Now our actions to protect the market are not only unable to protect it, but may also bring greater trouble."

Wellington's eyelids twitched, and he had a very bad premonition in his heart: "What trouble?"

Navara replied: "Maybe...I mean it's very likely that in the most extreme cases, the stock market may trigger the circuit breaker."

Wellington sat in his presidential chair in a daze...
Chapter completed!