The Kyoto Bubble Era: Starting from the Sale of Hundreds of Millions of Properties

Chapter 361 The New Prime Minister Who Was Disgusted
1991 2 Month 22 Day.

The former Prime Minister Yoshikawa Hosokawa committed suicide in the prime minister's official residence. This incident caused a sensation all over Japan and was reported by various mainstream media. Then three major issues followed, namely——

First, who will quickly replace Hosokawa as the new prime minister.

Second, whether Yoshikawa Hosokawa really has an ulterior transaction with the Mitsui consortium, and how to deal with these issues in the future.

Third, how to deal with the "residency" problem left by the Hosokawa cabinet and the ensuing financial turmoil.

Each of these three questions is more serious than the other. In comparison, the answer to the first question is more accurate and not too controversial.

The short-lived Japanese new party gave new hope to the people, but it didn't take long for it to disappear in Hosokawa's suicide.

The Liberal Democratic Party, which rose due to the three members of An Zhugong, still has a very poor reputation, and there is no suitable candidate internally to compete for the vacant prime minister position. Hata, who was gearing up for this for a long time, was suddenly stunned.

Like Hosokawa Hosokawa back then, he was crazily thinking about how to get his predecessor out of office, for fear that he would not do enough and be counterattacked by the other party.

However, the world is unpredictable, Hosokawa Hosokawa's death is tantamount to wearing the crown of prime minister directly on Hata Hata's head, which caught him off guard, and all the designs became funny and useless.

Seeing Tsutomu Hata on the TV who became the sixth Prime Minister of the Heisei Era and the No.80 Prime Minister of Japan with a speechless face, Kitahara Sosuke couldn't help laughing.

It has to be said that Hosokawa's self-sacrificing attack did cause tons of damage to his old friend. After his death, the contradictions within the new party intensified, and the Socialist Party was forced to come to power amidst doubts. At the same time, the remaining economic problems, The unresolved economic depression and other burdens are all on Hata Tsutomu's body.

This Prime Minister is very unhappy about his succession.

In front of the TV, Hata Tsutomu announced his appointment declaration as usual, and then announced the new cabinet members.

The old and strong Hashimoto Ryutaro served as the Minister of Finance at the same time as the head of the Japan Financial Services Agency, and became the Minister of Finance of the Ministry of Finance during Kaibu Toshiki's period, but now his power is even stronger. Large, the split Ministry of Finance seems to have shrunk, but in fact it has increased the control of the banking industry.

Hashimoto Ryutaro is now the out-and-out first talker of the Japanese economy.

What is amazing is that Masayoshi Takemura, who was only the head of the Kyoto Financial Services Agency before, jumped countless levels and became a miracle in the history of Japanese politics, directly becoming the Chief Cabinet Secretary of the Prime Minister!
The backbone of Yu Tianzi's direct line reached the sky in one step, which also proved the complicated personnel relationship problems within the Socialist Party.

Hata Tsutomu is the complete opposite of Hosokawa Hosokawa, who started to target his old brothers as soon as he came to power. He is cronyistic. His younger brothers who followed him in the Ministry of Finance and the Financial Services Agency, as well as the new backbone members of the Socialist Party, were all promoted to important positions. The house is filled with various important posts.

This also indirectly led to the collapse of Haneda's cabinet. Only the members of the Socialist Party held power. Without external pressure and competition, they began to rage internally. By the end of his three-month tenure, he had been wrangling with Shinsen party chief Ichiro Ozawa and Komeito party chief Yuichi Ichikawa, who were feuding with Masayoshi Takemura over banking.

In the end, the Socialist Party, which failed to achieve anything, just stepped down.

Kitahara Sosuke doesn't remember many historical events, but enough is enough.

Strange names flashed across the TV, until he saw a name named Tomiichi Murayama, and the corners of his mouth slowly curved up.

Tomiichi Murayama was appointed as the minister of the Ministry of International Trade and Industry, in charge of various work of the company. He is considered a relatively marginal figure in the current prime minister's cabinet. This position was also held by Hashimoto Ryutaro before, and it was promoted by some big bosses. small springboard.

And Tomiichi Murayama is over 70 years old, and there is no possibility of further progress. Giving him this position is to provide for the elderly. After all, he was an important veteran member of the Liberal Democratic Party. He came to the Socialist Party with Hata Tsutomu.

Kitahara Sosuke remembers that this old man was pushed to the stage and carried the scapegoat for more than a year. Who made Hata Tsutomu so weak? In the original history, he resisted pressure until the outbreak of the Asian financial crisis in 1996. Then he stepped down and handed over the power stick To Ryutaro Hashimoto.

Previously, Kitahara Sosuke had never understood why there was an old man between Hashita Tsutomu, the last scapegoat, and Hashimoto Ryutaro, the big brother who dealt with economic issues.

Now he understands.

After the Great Depression, the biggest crisis in Japan was various problems in the banking industry. If these problems were not resolved, they would not be able to withstand the subsequent Asian financial turmoil. At this time, there must be someone to bear the pressure and take the blame for these things , Of course it can't be Ryutaro Hashimoto who came to power to solve the problem later.

Then you can only find an older generation who is highly respected and old, and it doesn't matter if you take the blame.

On TV, Hata Tsutomu raised his fist and vowed to solve the problem of "specialized residence" even though he was suffering. He claimed that the prime minister's cabinet had already given guidance on improving the operation of the problem of "specialized residence", and the plan would be implemented immediately Implementation, let the public wait and see.

This is a plan called "Heisei Bank Concept". During internal discussions, it was decided to solve the two major problems of "residency" and the banking crisis at the same time.

The Heisei Bank concept plan mainly focuses on two points.

First, the "relief color" must be completely eliminated, and the public should not have the panic feeling that "the Japanese economy has collapsed, and the government and the Bank of Japan are saving it".

Second, it is necessary to "extensively and comprehensively" collect capital contributions and low-interest loans that can be made to Heisei Bank from the financial sector, and fill in all the loopholes that have appeared before to the greatest extent possible.

Regarding the "sumimo" and related banks related to the Heisei Bank issue, the Prime Minister's cabinet decided that the Bank of Japan and the private sector would contribute [-]% each.

For example, Chang Xin Bank is about to go bankrupt, so it needs to raise a large amount of funds from Sumitomo Bank, which has a certain relationship with it.

But these affiliated financial institutions are not willing to be taken advantage of, so the final plan is to change to "a cooperative approach across Japan and all over the world", where everyone raises funds together for rescue, and a certain special insurance premium system is added to protect the interests of investors.

To put it bluntly, let the society pay for the economic problems together, but it is only covered with a layer of seemingly good skin, and it must be difficult to implement.

But this is already the best solution that the Haneda cabinet can think of. Who made them focus on the competition for the position of prime minister before, and did not consider these economic issues at all.

(End of this chapter)