Life at the Top

Life At The Top Chapter 1794

“Yes.”

Benett’s answer was so decisive that Greenspaner had no choice but to accept it.

“The real estate industry in the United States has continued to rise for the past 10 years. Over the past 10 years, too many economic derivatives have emerged. Personal credit contracts being sold as futures in the subprime market is just one of the most represented ones, but it is not everything.

“The root of the problem is that the real

estate industry bubble in the United States

has overheated. Even without Jasper, it

might have burst 5 or 8 years later.

“But sooner or later, it would have broken down, be it now, 5 years, 8 years, or even 10 years later.

“Just before it bursts, it would appear that everyone can make money in this industry, but economic laws tell us that every bubble will burst one day, and there won’t be an industry that makes endless profits.

situation is

from.”

made Greenspaner

said, “You

as us. It seems

failure on my part.”

two consecutive terms as chair of the Central Bank. During these two terms, you sent away 2 heads of office and 3 heads of finance. The determination of economic

“Thank you for comforting me… As far as I know, your relationship with Jasper Laine is very

calmly, “Not really,

and straightforwardness. You have a very special position in the eyes of investors across the country, so I hope you can

at the right time so market confidence

worked so hard to build over his entire life. Just as he was about to refuse, Greenspaner said, “In exchange, I will nominate

Federal.

step

s Janet’s current position.”

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