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.”

words made Greenspaner

He said, “You have

It seems that this

failure on my part.”

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

spoke after he smiled at Benett, “Thank you for comforting me… As far as I

replied calmly, “Not really, but

fingers and said softly, “Mr. Benett, forgive me for m y frankness and straightforwardness. You have a very special position in the eyes of investors across the country, so I hope you can do something

time so market confidence

hard to build over his entire life. Just as he

Federal.

after I step down, which

s Janet’s current position.”

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