Rebirth 79: I opened a bank in the United States

Chapter 749 How can it be repaired, Ministry of Finance

"For example, the cotton textile industry. In 1956, more than 60% of the cotton textiles in the United States came from Japan. As a result, in the same year, Japan began to voluntarily limit the export of cotton textiles."

"I seem to know something about this. Japan's textile industry was very developed back then! Didn't Toyota start out with weaving machines?"

"Yes, that's right. Then there is steel. In the 60s, Japan's steel production had surpassed that of the United States. By 1968, Japan's steel exports accounted for 40% of the total steel demand in the United States, accounting for half of the steel imported by the United States. above share."

"I have an impression of this! I talked about it in class back then, and the teacher said it was a symbolic victory for Japan's resurgence!"

"Have you won?"

Carter shook his head helplessly, showing empathy:

"There was an anti-dumping charge in 63, and the charge was escalated in 68. The result was the familiar self-restriction agreement. Even after the agreement was introduced, due to a lot of messy movements in the United States in the past few years, to be honest, it was a bit turbulent. Steel production capacity The decline has been severe, and even with the introduction of the self-restriction agreement, the market share of Japanese steel in the United States has risen instead of falling, and even exceeded 50.00% at the peak!"

"Think about it, more than half of the steel in the United States comes from Japan! How horrible it is. It turns out that the self-restriction agreement is not very useful, and the standard price of steel imported from Japan is set. Once it is lower than this price, it will be subject to anti-dumping investigations. .It directly weakens the competitiveness of Japanese steel products in the U.S. market.”

"There is also the "Japan-US Color TV Agreement" in 77. Japan's annual export of color TVs to the United States shall not exceed 175 million units; the self-limiting agreement of the Japanese auto industry a few years ago prohibits the export of more than 168 million cars to the United States every year. You should be familiar with it, when we first met, I came here just for this!"

"We very much hope that there are more Americans like you in Blacksand. Don't worry, we will do our best to recruit students. If you have a higher status in American society, maybe you can change this situation."

"No, no, no, I don't have that ability, and I don't plan to go into politics. Forget it, let's talk about this later! Sit down, aren't you cold?"

No. [-] good man in Tianzi!
You are indeed an old friend of the Japanese people.
"Hey, what's the use? Everyone understands the truth, and I'm just talking about it. In fact, my business in the United States still enjoys the dividends after Japan's self-restriction? Speaking of which, I also enjoy it. Although it is not an accomplice of U.S. imperialism, it is also an accomplice."

All right, all right, love what you think.
Speaking of which, who would have thought that he was a time traveler?And who can know with certainty that the yen will appreciate substantially in the future?Like yourself, profits stay entirely local and never take away
I feel that in the eyes of people who don't know the truth, it really feels like doing charity, or redemption? !

"I won't mention those things. Let's take a look at the current situation. If possible, I suggest you invest in some real estate. You will thank me in the future!"

Looking at the two Japanese who stood up in the hot spring pool and bowed deeply at ninety degrees
Carter couldn't help but praise them for their brain power.
Just... outrageous!

Can't solve the problem, can't I solve the person who asked the problem?

Soaking in the hot spring, Carter shook his head and sighed with emotion at the hegemony of the US imperialist hegemony
The final solution to this series of trade disputes is surprisingly consistent: a self-limiting agreement!
My American products are inferior to Japan in terms of finished product, quality and even output.Then how to defeat the opponent?Simple!Just don't let the other party's products appear!

After being awakened, Carter greeted the two to sit down and continued:

"Privately speaking, these real estate investment projects can make us earn more money. Publicly speaking, real estate has always been an industry highly related to finance. The prosperity of real estate often means economic prosperity. You spend a little, I spend a little, you buy a little, I buy a little!"

The two Japanese, whose faces were about to turn red with anger, looked at Carter in a different way.
They are obviously vested interests, but they can still empathize with Japanese victims like them.
Good man!

"We can't control matters at the national level. Even as an American, I have to say objectively that these agreements have seriously violated the principle of fairness and justice in the market. If there were no such restrictions. Japan's domestic and foreign demand would be How powerful!"

Carter blushed a little, if the two of them knew that they were still secretly poking cold blood to make a big one.
"Blackthorne! Please don't blame yourself. You are right. We cannot prevent major national affairs. It is not your fault. Besides, you are not bringing money to Japan now. I have never seen any American businessman Just like you, all the profits you made in Japan stayed in Japan. Even if you are guilty, you are now atoning for your sins! You can correct your mistakes and make good! As an ordinary person, you have done everything you can! Blacksang , your heart, we feel it!"

"It makes me want to give them a knife! Carter, you're a good man."

It is true that all contradictions are resolved from the source.
There are a lot of hooligans, no wonder Akio Toyoda scolded the Ministry of Finance of Japan back then, they are all a bunch of scum!A group of inner ghosts stealing high positions!They should commit seppuku.
This is obviously unfair, and it is obvious that agreements that harm oneself and benefit others can be signed again and again.
If this group of people were transferred to China or South Korea, then this group of people would have to ascend to heaven with their genealogy!Even the ancestral graves have to be publicized.
Maybe there is still a chance to challenge the position of "measuring China's material resources and uniting the country's favor" on the pillar of historical shame?
Well, although in Japan, the Ministry of Finance is not uncommonly scolded!
"How can it be repaired!! I mean why I always hear people scolding our Minister of Finance, so there is such an inside story!"

"There is a strong demand, and there is a reduction in financing costs brought about by low interest rates, which means that the threshold for doing business is lower, and the ability to resist capital liquidity risks is stronger! With such an environment, you can say that I am not optimistic about Japan's Economic development? Japan’s economic development will definitely be transmitted to the property market!”

"If there is more money in the real estate market, the government will have more money! If the government has more money, there will be more major projects such as infrastructure! At that time, the entire upstream and downstream industries will be promoted and developed! The entire market will also be more dynamic !"

"Hi! I believe in your vision. Since you have recommended them all, I will definitely pay more attention to the property market in the future. If it is suitable, I will definitely buy some."

Um.
buy it!buy it!
Buy more!

Buy more, the bubble will be bigger!
It's hard to say when the bubble bursts in the future, but at least in the years before the bubble bursts, they will definitely be grateful for their advice today!
Fooling the youngest sons of the two chaebols, Carter secretly thought of
As for the relationship after the bubble burst
Then take one step at a time
It's hard to say who will talk about those companies in the future!

(End of this chapter)