Chapter 669: Bottom Fishing - PepsiCo

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President Hoover's inauguration was seen as great news by the American people, who placed high hopes on him, believing that he could lead the United States out of the economic crisis and allow the American people to return to a prosperous and wealthy life.

No matter what the American people thought, Arthur was happy to see President Hoover's inauguration.

Nevermind his historical reputation and actions, the fact that President Hoover continued President Coolidge's laissez-faire economic strategy was enough for Arthur to give Hoover a big thumbs up.

The collapse of the United States Stock Market wasn't something that happened over just one or two days; by all reasoning, the government should have exercised control or provided relief by now.

But that damnable laissez-faire economic strategy meant the American Government provided very little relief or regulation for the Stock Market, leading to all sorts of chaotic occurrences within it.