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Chapter 1803 Emergency Response Protocol (Second update, please subscribe)
Emergency Response Protocol,
This was an emergency protocol developed by multiple departments last year in the face of potential terrorist attacks, which included a response strategy after a large-scale hijacking incident.

The airspace is closed, all aircraft land nearby, and the air force cruises in real time. During this step, if any aircraft refuses to land, the military will shoot it down before it approaches the city.

In order to avoid disputes when incidents occur, full authority has been given to each department when the plan is formulated.

Once a large-scale terrorist incident is confirmed, relevant departments will take immediate action and implement the emergency response protocol without reporting to the official residence.

In just a few minutes, emergency response protocols were activated.

At the same time as the airspace was closed, the Air Force fighter jets also took off urgently. In Chang'an and other places, the military police also responded immediately. More than ten minutes later, armed military police and armored vehicles appeared in various key locations in the city.

This scene naturally shocked everyone. When those people who were jogging in the morning saw the armored vehicles appearing on the street, they all asked each other - what on earth was going on?
No one knows.

But when a large number of gendarmerie police and armed gendarmes appeared in key departments such as schools, hospitals, squares, stations and airports, everyone knew that something big must have happened.

So news vehicles from various TV stations came to the streets and pointed their cameras at the gendarmerie police and armed gendarmes.

When all this happened, Li Yian, who was on vacation at Genting Highlands, was running there as usual. The difference was that Jason was running with him today.
As in the past, after Jason brought the children to SEA, he would always take some time to stay with him. After all, Jason is, to some extent, the head patriarch of his children in the United States. This is the same as Li Yitao. He is his and Jill's child. As the eldest son, he is now the head patriarch in the UK. As for those children in France, they only have the opportunity to get together during the Spring Festival. Li Yian hopes that the children can get to know each other and then help each other's careers.

He didn't want to think about things like spreading his seeds all over the world, but he had to lay a foundation for his children. In addition to giving them some business inheritance, he could also give them some guidance, which was often done at this time through chatting with them.

In the past two days, the father and his son have talked a lot. Many topics revolve around the US economy, and today, the topic they talked about was mostly about the Bretton Woods system in the United States.

“…the very core of the system was that the United States must commit itself to keeping the dollar fixed at $35 per ounce in relation to gold.

In the first dozen years after the war, the United States had a large trade surplus, and its gold reserves reached a historical high. The world as a whole was in an era of "dollar shortage". So there was no problem with the credit of the dollar during this period.

Listening to his father's words, Jason nodded in agreement:
“Yes, father, the situation gradually changed later: with the rise of Western Europe and SE Asia, the US foreign trade surplus gradually shrank, the international balance of payments gradually deteriorated, and the world began to change from “dollar shortage” to “dollar surplus”.

As early as 10 years ago, the United States' short-term foreign debt reached 210 billion US dollars, far exceeding its gold reserves, which caused the market to doubt the confidence in the US dollar. A large amount of speculative capital began to flee, resulting in the first dollar crisis, and the Bretton Woods system began to be turbulent..."

Jason then briefed his father on the domestic situation in the United States. The United States expanded the scale of the Vietnam War and implemented investments in public education and urban reconstruction funds. In addition, racial conflicts in the United States became increasingly severe, which led to a surge in government spending in all aspects, a sharp rise in the U.S. inflation rate, and a sharp decline in the current account surplus.

"...This situation not only led to a second large-scale attack on the dollar by speculative capital, but also made the United States' major trading partners unwilling to maintain a fixed exchange rate. Therefore, Wall Street believes that in the next one to two years, the Bretton Woods system will undergo fundamental changes."

As expected of those financial speculators on Wall Street, they actually saw so far ahead... It's not surprising at all. As early as 10 years ago, many financial experts in the United States had pointed out that the Bretton Woods system would eventually collapse.

However, no one expected that the dollar would persist for more than a decade. In fact, this persistence is actually detrimental to the US economy.

It is for this reason that the financiers on Wall Street are not opposed to the disintegration of this system. What they are doing now is just to profit from the disintegration of this system.

"So what's your plan?"

Li Yian looked at his son. Now that he has successfully entered the circle behind the scenes in the United States, they should have their plans.

Jason thought about his father's question and said
"Father, you know that the world's gold production is limited, and the U.S. dollar cannot be pegged to gold forever. This involves the balance of international payments and many other issues.

If the United States cannot always maintain a trade surplus, it will be impossible to maintain a fixed exchange rate between gold and the US dollar.

Now the facts have proved that not only is there no way to maintain the exchange rate between gold and the US dollar, but this fixed exchange rate will also affect the development of the US economy.

Therefore, from the perspective of economic development, the abolition of the Bretton Woods system is only a matter of time.

But it is impossible for Wall Street to give up the dollar's global dominance, so they are now looking for a new target to replace gold."

This is Wall Street. They only see profits. Of course, we have to admit that their vision is still very far-sighted.

The financiers on Wall Street have their reasons for existing. After thinking for a while, Li Yian said:
"They've found it, haven't they?"

"Yes, father, he has been found, but he still needs a chance to let the world see his importance."

Jason said after thinking for a while.

"Oil is oil. They think oil can replace gold as the underlying currency of the US dollar. They just need another chance to let the world realize the importance of oil."

really!

Everything started out with a reason. The so-called "using oil as a weapon" seemed to be a concerted effort by the oil-producing countries in the Middle East to attack Western countries by imposing an oil embargo. But what was the reality?

There is a mastermind behind this matter, and it is none other than the financial capitalists in the United States. They want to use the oil crisis to make the world realize the importance of oil, and thus tie oil to the US dollar. In this way, the US dollar will have an underlying asset.

Nodding, Li Yian said:

"Well, then they should take action."

"Yes, but it will take some time."

At this moment, someone hurried over and said:

"Sir, something big has happened."

Something big happened?

Li Yian raised his eyebrows slightly, then looked at Zhang Zheyuan and said.

"What happened?"

"Six of our bank's passenger planes were hijacked over the Indian Ocean. Now these planes are flying towards the Middle East. The destination is not yet clear. But..."

Listening to Zhang Zeyuan's report, Li Yian was stunned at first, then said.

"This is a terrorist attack! Six planes... what a fucking... have you followed the emergency response protocol?"

"It has been executed. We are not sure whether there are other planes hijacked yet, so we have implemented an airspace blockade and asked all planes to land nearby."

Six planes!

Almost subconsciously, Li Yian thought of 911 and the Twin Towers.

"Request the Air Force to step up patrols. If there are any planes approaching... shoot them down!"

When saying this, Li Yian's expression was extremely serious. There are many high-rise buildings in SEA, and he does not want to see a 911-style terrorist attack happening here.

So, when formulating the emergency response protocol, he pointed out that the plane might be hijacked by terrorists, turned into a bomb, and then crashed into some large buildings.

To this end, his request was very simple - shoot it down!

In fact, this is a choice: to sacrifice hundreds of people or to save thousands of people. Others cannot understand this decision, but Li Yian knows what he should choose.

So, when faced with six planes being hijacked, Li Yian instinctively made this choice.

In fact, only he can make such a choice.

"Yes, sir. The emergency response protocol has been implemented. Currently, fighter jets are patrolling in various areas, and all passenger planes are making emergency landings. If there is no bad news, then it is basically certain that this is just an ordinary hijacking incident."

Ordinary hijacking incidents are very common in this era. Terrorists hijack planes and take the planes and passengers hostage to demand that some countries release prisoners or achieve some political goals. Basically, in many cases, the goals can be achieved. Then what about the terrorists? They are imprisoned for a few years, and in the next hijacking or hostage-taking incident, they are asked to be released.

In fact, most of the time, this is the characteristic of terrorist attacks in this era. Unless it is the kind of bomb-making or direct shooting, hijacking is the least worth mentioning of all terrorist attacks. After all, everyone knows the rules of the game. It is nothing more than taking hostages and then negotiating.

However, Li Yian is very clear about the consequences of this "normal hijacking incident", which is that it will lead to continuous terrorist attacks.

Time and again, hijacking incidents were resolved in negotiations, which led to a wave of hijackings. Not to mention Western countries, the Soviet Union had about 100 hijacking incidents in less than half a century.

It is precisely because of the "low harm" of hijacking that countries have underestimated hijacking and even felt that it was not worth mentioning. This eventually led to 911. Even before that, in the manuals of airlines in various countries on dealing with hijackings, it was written that they should cooperate, assist, and not resist.

So...there was 911/911, and the people on the plane did not resist during the / incident, which ultimately led to that disaster.

Everything should be done in a preventive manner, otherwise, you will pay the price in the end.

After thinking for a while, Li Yian said:
"This is not an ordinary hijacking, but a terrorist attack, a large-scale terrorist attack. We must make it clear! Moreover, this is not a simple terrorist attack, but an act of war. After all, terrorist attacks themselves are a new form of war. We are now in a state of war!"

(End of this chapter)