Rebirth 79: I opened a bank in the United States

Chapter 878 The Significance of 84 Years
When the combat boots under the feet set foot on the land of Yale, more than half of the 84 years have passed
Historically, the significance of this year to all countries is very unusual.
In China, 1984 is known as the "first year of the company". A large number of private companies that are familiar to everyone in the future, such as Suning, were established in this year; in Japan, the US-Japan talks officially opened the prelude to the US-Japan financial struggle. Regardless of whether Japan has prepared to reform its own financial system in advance, since this year, the reform of Japan's financial system has been put on the table.
A consensus has been reached, a consensus recognized by everyone: Japan will usher in financial reform!
In the United States, this year was also a year when the economy began to recover after the labor pains ended.
Through the rise in U.S. bond interest rates, the funds that have been attracted to return have been heavily invested in military defense, communication technology, aerospace and other fields.U.S. military expenditure has directly increased from about 5% of the GDP to more than 7%.
So far, Reagan has basically given up on the route of reducing federal government spending, and turned to massive debt issuance.Compared with the scale of US debt in 83 and 84, there was a substantial jump.Combining history, Carter understands that the United States will soon become the largest debtor country from the world's largest creditor country
In 84, it was just the beginning, and the federal government's investment in the future will only increase and increase!

At the same time, with the gradual improvement of the supervision of the international banking industry, it is becoming more and more difficult for bank arbitrage.The mine of "high interest rate deposit liabilities" planted in the past has gradually exploded in the US banking industry.
One after another, small and medium-sized savings banks, in the past few years: "High profit margin - Difficulty in lending - Expenses are greater than income - Use bank capital to complete savings interest payments - Bank capital decreases - Investable scale decreases - Income continues to decrease - Banks In the cycle of "more and more frequent use of capital", because the bank's capital fell below the warning line set by the FDIC, it was warned, ordered to rectify, and finally forced to go bankrupt!
Compared with the tsunami-like sudden bankruptcy shock in 80s; this time, the coming wave of bankruptcies of small and medium-sized banks is more like a wave that is stronger than one wave.
The first wave, the range is small; the second wave, slightly larger; the third wave
Everyone understands that it's only going to get bigger!The further you go, the stronger the waves will be!
This wave will not end until the banks that should go bankrupt are almost bankrupt, when only the strong, well-capitalized banks are left in the market
Fortunately, this wave of banking crisis has somewhat left ample room for preparation.Supported by the profits of various industries, Carter is confident in getting through this crisis.

During the communication with Patterson of the FDIC, the two parties reached a verbal agreement tacitly: FDIC Atlanta Branch will provide Black Flag with necessary assistance to help Black Flag Savings better take over banks that are about to go bankrupt in Georgia
Looking at the list of banks provided by Patterson, who have been warned twice, and with the intervention and help of the FDIC, the risk capital ratio is still less than 6% for two months
The second expansion period of Black Flag Savings Bank is coming soon!
When the time came to November, the 11 presidential election also came to an end.Brother Genzi, as history has developed, defeated the Democratic presidential candidate Walter Mondale with an absolute advantage of 84 votes to 525 votes and won re-election
Interestingly, the House of Representatives is almost completely occupied by Democrats during this change of term
Combined with the previous speculation, Carter has every reason to believe that in this general election, the two parties have already reached a deal behind the scenes!

After all, as a competitor, Mundell's performance in this general election is really too inferior!It's so inferior that it doesn't fit his personality at all.
As the vice president of the Carter era, Walter Mondale will definitely not be a political novice.When Reagan proposed "Dawn Reappears in America", he was questioning that Reagan was too old for the presidency; tax increase
In the fantasy country of the United States, even though Carter has been fully prepared for all kinds of strange events that emerge one after another.But Walter Mundell's performance this time is still far beyond Carter's imagination.
Carter couldn't think of any plausible explanation for it, except that he was releasing water.

Especially after the results of the change of ownership of the House of Representatives came out, the suspicion of insider manipulation in this general election has risen rapidly!
The Senate, the House of Representatives, and the President, if we compare the ancient official system, are a bit like the emperor, cabinet ministers, and the Metropolitan Procuratorate.As members of Congress, senators are often more pragmatic than representatives, or in other words, they tend to have more actual power in implementing decision-making!

In the political ecology of the United States, the decision-making power of the emperor (president) and the executive decision-making power of the Senate are often not unified.For example, in the era of a Democratic president, the president of the Senate was often a Republican, so that when the president made a mistake in his decision-making, someone could step on the brakes for him.Meanwhile, the House of Representatives usually moves in lockstep with the president.
After all, the House of Representatives has the power to impeach federal officials.Which president doesn't want to be caught as a pigtail, right? !

Although this kind of rule is not expressly formulated, the results of elections under normal circumstances almost always present such a situation: On the one hand, in order to win the presidential election, one of the donkeys who are determined to win the president will spend a lot of energy and financial resources on In the presidential roadshow, compared with the Senate competition, the energy is not enough, and it is easy to lose the majority of seats; on the other hand, the Senate and the president are from the two parties, and it is also the most moderate political tacit understanding.
In other words, both donkeys and elephants can accept it!After all, at the decision-making level, everyone has their own voice.Externally, as far as the public is concerned, the public is more accepting of this kind of leadership composition that checks and balances each other.
As for the House of Representatives and the Senate, the presidents all come from one side. Anyway, Carter has never seen such a spectacle.
So now this time, the Republicans and Democrats have "swapped their houses" in the competition for seats in the Senate and the House of Representatives. It is a very intriguing thing!

Because this does not conform to the objective law, and it also violates the unspoken rules of American politics
As the saying goes, if something goes wrong, there must be a demon!

Where is the moth of the Democratic Party playing?

"Taxes? Impeachment?!"

Carter's mouth twitched slightly.
Looking at the powers of the House of Representatives and thinking about the demands of the Democratic Party, this question is not difficult to guess!
The tax increase proposed by Walter Mundell; the "Roosevelt New Deal" not long ago, the big government doctrine that the Democrats fiddled with; and that, maybe it can't play much in the hands of Carter, or anyone else. power of impeachment
The power of this thing in the hands of a united Democrat
It is conceivable that in the first two years of Brother Genzi's second term from 1985 to 1987, the American political arena should be very lively!
Similarly, he does not hesitate to expose his "stern eyes", but also strives for this short period of highly centralized power. Brother Genzi's ambitions and actions should not be too small.
I will be very lively too!

(End of this chapter)