strong against the strong

The US economy could not be analyzed in numbers.

knowledge was still lacking.

But how many experts were right about the economy?

The subprime mortgage crisis of 2007.

How many Wall Street investors or famous economists who have been dealing with a lot of money for a long time, how many did you expect?

Analysis is done after an incident has happened, and perhaps the sense is more important than anything else.

‘I think it’s the high point.’

I thought the US stock market was in a dangerous state even if it didn’t crash right away.

When everyone is greedy, you have to get out of the market.

‘ah… … . Still, I’d be patient without saying anything.’

The camera of the broadcasting station filming the economic advisory meeting kept catching me, and the faces of the president-elect and those who participated in the meeting were frozen.

‘I think it’s right that I had an accident.’

Looking back, it seemed like there was something subconscious about not liking politicians, even when I was talking to the Minister of Health and Welfare of Korea.

‘I watched too many politicians on television when I was a kid.’

Politicians who promise to make a good country and take care of the weak.

The only time politicians came up to shake hands and laugh was during elections.

Deep-rooted politician hatred ideology spread in the United States.

* * *

Seohak ants in Korea were awake even though it was early morning.

―President-elect Biden’s economic advisory meeting will start soon.

-nice… … , Investing in the US stock market, I think I became a global investor after looking for such a broadcast.

―I just don’t think about it, I just bought all my property hahaha.

―When I see the stock price go up, I feel like a winner in life.

―Anyway, let’s focus on today. It’s been a while since Kim Shin-hyung came out.

―Brother Shin Kim, who succeeded even the fiercely competitive Earth Channel. just light.

―Can you see the seating arrangement? Right next to the president.

―The power is not normal.

―It seems that he is regarded as an important figure in the American political and business world.

―The camera of the broadcasting station often shows Kim Shin-hyung.

―A broadcasting station should pay attention to ratings.

At the economic advisory meeting, various experts took turns expressing their views.

―They are boldly asking to release more than two to three trillion dollars.

―The size of the US economy seems enormous. It’s amazing to be able to solve that kind of money.

-Can I do that? Isn’t that too much debt?

―Since it is a key currency country, it is okay to release money no matter how much. Absorbed by the whole world.

―Creditors rather prefer it. lol

―If Biden releases money after taking office as president, the stock market will rise unconditionally.

And the microphone went to Shin Kim.

-Five… … . say

―The president-elect gives you the microphone himself.

―That’s power!

—… … huh?

―What is Kim Shin-hyung talking about?

―The stock market is a bubble?

The Seohak ants were perplexed and listened to Kim Shin’s story.

―Are you talking about inflation?

―There is also that, and the stock market peaks. said to be dangerous.

-Really?

– I don’t think it’s a joke.

-a… … . Stocks around the world are rising right now. Why would you say something like that?

– Why do you do it? I do it because I think it’s a bubble.

―Is it a real bubble?

―It seems that Kim Shin-hyung judged that it was the high point.

―Then what should I do?

-What do you do? We can’t use our heads. If you don’t want your body to suffer, you have to do what it tells you to do.

Seohak ants started to move quickly.

– Let’s sell.

-It’s short. short!

-Change of position. position change.

* * *

“I bought it, right?”

“sure. You seem to have hit it right. Because they said that economic policy was wrong in front of the president-elect of the United States.”

As soon as the economic advisory meeting was over, I left the building with Lee Jong-yeop.

President-elect Biden put forward economic stimulus through active fiscal expansion, but inflation concerns existed. In the end, it was a situation where they said publicly that such a policy could be wrong.

“I tried not to cause an accident, but I hit it.”

“I honestly thought I might hit it.”

I was surprised to see Lee Jong-yeop.

Having an accident was a hit, but it was more unexpected that I expected it.

“Did you think I was going to have an accident?”

“Yes. My brother has a strange side to him.”

There was a difference between what I felt to myself and Lee Jong-yeop’s point of view.

“My older brother is good to those in power who have moderate power. When I went to Arcor, doctors were the target. Smile well, respond well. They are also willing to bend their pride.”

“by the way?”

“When you rise to the level of director of a large hospital, things change a bit. They said it wasn’t.”

It is the type that yields well to weak power, but rebels against strong power.

“Wasn’t it like that when we reversed an accident that occurred during cataract surgery at the best ophthalmology clinic in Nonhyeon-dong?”

“Something like that happened.”

I left because I thought it was not right.

Going breakwater fishing and carrying a bouquet of flowers to her daughter’s concert were things that could be solved with the trouble of losing a golden weekend.

But if you think it’s really wrong, it’s a story that you can’t stand it and commit it.

After an accident at the best ophthalmology clinic in Nonhyeon-dong, I worked hard for a while.

Although ophthalmologists are spread across the country, there are narrow corners, so word spreads quickly.

“I’m secretly in trouble.”

Lee Jong-yeop grinned at the self-deprecating words.

“But fortunately, there aren’t too many people stronger than you.”

“It is very comforting.”

I had to deal with it, but it was already out of hand.

It was broadcast live on an American TV station, and articles were already out.

〈Midas’s Hand Shin Kim “Currently, the stock market is a bubble.”]

〈Kim Shin, remarks that there are bubbles in stocks and real estate coins〉

〈Kim Shin’s Warning at a Meeting Held by the President-elect〉

〈Kim Shin openly snipes that the Fed and the government should not make mistakes for the sake of the people〉

Every time I saw the headlines of the articles, I felt dizzy.

At this rate, it seems like you are setting up a confrontation with the president-elect or the US government.

Lee Jong-yeop read the articles and said.

“The knights still came out well.”

“Did it come out well?”

“Many have interpreted it as a concern for the US economy. I praise him for making a statement in front of the elected person.”

“How do you see it from the perspective of the Fed or the government?”

“You may see me as a fearless idiot, but… … Wouldn’t it matter that the US isn’t a dictatorship?”

“but.”

There were many American businessmen and scholars who disagreed with the government.

Even if they point out that the Fed is doing something wrong, they won’t go to jail.

When you can barely breathe a sigh of relief.

“President-elect Biden is said to be providing massive support to companies, but it will be difficult to accept that.”

“Isn’t it?”

“Yes. You’ll get some eye candy.”

* * *

President-elect Joe Biden.

He started as a senator in Delaware in 1973, and was four years older than former President Bill Clinton.

Long political career and served as vice president during Barack Obama’s presidency.

He was in his late 70s and had an old mindset.

“He is a fun person. Isn’t it?”

At Biden’s words, the staff on the acquisition team gave a troubled expression.

“It’s an offensive statement that could be a stumbling block to the new administration.”

“The age-old inflation debate in the yard where the president’s policy needs to be implemented by actively expanding fiscal spending.”

“He was not known until last year, but it seems that he was invited for no reason.”

The people on the acquisition team looked down on Kim Shin very badly.

They were scheduled to enter the White House with Biden three months later.

“There is a possibility that the media will intensively ask about Kim Shin’s remarks.”

“They are like hyenas.”

Biden grinned.

“The media will say that’s a good point for America.”

“Yes? He is the one who dared to rebel against the president-elect.”

“So, for now, I should give him a compliment and pass it gently.”

If it were Trump, the current president, as soon as he heard Kim Shin’s words, he would have immediately cursed at him, saying it was nonsense, but Biden was not that type.

He served 36 years as a senator and 8 years as vice president, and he was a man who was politics itself.

You know how to laugh when you need to laugh, and you know when to fight back.

“The media will want me to criticize Kim Shin. And even more so, it will cause a lot of talk between the two. Wouldn’t the results of your words come out if you skip it lightly for now and watch for a year or two?”

“If Kim Shin is proven wrong, the name of the president who implemented proper policies will be raised even higher.”

“right. and… … As a result, we cannot rule out the case that Kim Shin is right.”

I didn’t want to be put in a difficult position if I had an active argument now and if Kim Shin’s words were correct in a year or two.

Biden looked at the chief of staff and said.

“Do you know the secret to keeping me in power for so long?”

“I don’t know yet.”

“They say they only fight to win against the enemy.”

* * *

While resting at a hotel after an economic advisory meeting, there was no contact from the presidential transition team.

Biden-elect spoke with reporters.

“Kim Shin, whom I invited, honestly expressed his opinion at the meeting. All I wanted was those different perspectives.”

Watching Biden’s remarks on the TV in the hotel living room, I was quietly nervous.

Although he became bold while investing and doing business, it is difficult to completely abandon his squeamish nature.

‘Still, shouldn’t I admit to pecking at the president-elect of the United States?’

No one would run head-on into another country’s president-elect.

The reporter asked Biden again.

“Do you agree with the concerns about inflation or a bubble in the stock market?”

“I will listen to him, but in the end, I trust the Treasury Department and the Fed’s judgment. Government spending is essential. It will protect the industry and protect the middle class.”

Are you sure you’re not angry?

Enveloping without being aggressive?

‘Somehow, he seems to be a more forgiving person.’

Lee Jong-yeop said while looking at the computer.

“The New York stock market fell.”

“okay?”

“Yes. The Dow fell more than 1%. It’s probably because of your frothy remarks.”

At the words of the U.S. Treasury Secretary or Fed member, the stock index fluctuated.

But the stock index moved because of my words. It shouldn’t be necessary.

“And I heard that Seohak ants are selling stocks at an exorbitant rate.”

Personally, I felt that the New York stock market was a bubble.

The stock index may rise further in the future, but it was judged to be in a high state overall.

‘My rate of return this year doesn’t make sense.’

Maybe the current stock index will become an average because of the huge release of money.

Like the word New Normal, it means that standards change because times have changed.

If that’s not the case, I felt that now was definitely the time when it was highly evaluated.

The next morning, articles from many media outlets appeared.

〈The Fed, “Concerned about inflation? I don’t want to comment on the opinions of individual investors.”

〈Chicago Fed President, “It will take years to reach 2% inflation.”〉

〈U.S. Treasury Secretary-elect Yellen, “Now is the time to revive the economy. There is no need for an inflation argument that will not come.”

Former Fed Chairman Ben Bernanke expects the Fed not to raise interest rates for the next four years

The opinion of the Fed or the next Treasury Secretary was natural.

Those big names came forward to openly refute my opinion.

There were also articles that were friendly to me.

〈Professor Larry Summers, Harvard University, “I totally agree with Kim Shin’s remarks.”>

A former Treasury Secretary in Bill Clinton’s administration endorsed my opinion.

〈Goldman Sachs chief strategist. I can agree with the opinion that a bubble has formed in stocks and bitcoin.>

〈JP Morgan New York Research Center Director, Excessive Liquidity Makes All Assets Soar〉

Internationally renowned investment banks came out in support of my opinion.

It was a headache in many ways, but my head felt cooler.

It felt like Lee Jong-yeop’s judgment, that the stronger the opponent, the stronger he treated him, was true.

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