Rebirth 79: I opened a bank in the United States

Chapter 987 The Beginning of the Bubble Burst

The vice president of the Republican Party checks the President of the Republican Party. It is only a ghost who can find out the problem, okay? !

Inwardly complaining that today's American political arena is really not particular, and he doesn't even take part in this frank show, Carter is more or less aware that the position of Defense Minister fell to Cheney's head, and he did not mean to reciprocate.

The exchange of interests is the same everywhere.
It's not easy to think about people talking nonsense with their eyes open, right?

Similarly, it wasn't a bad thing for him to go up. Although he wasn't that close, the relationship wasn't too far away either.In addition, the current self has to digest last year's harvest, and it will take some time to digest
It seems that the investment has been completed, and it will take time for the income to be realized!
A small [-] billion was thrown in, and the dividend was only distributed once this year, and it was only worth more than one billion when it was distributed.Similarly, tax deduction is also required, after all, it is a direct realization
And the money, if you want to start a new business in the field of defense contractors, Carter doesn't like those who can do it, and those who can do it can't do it for the time being.Moreover, the optical fiber infrastructure in Georgia is also a "dollar black hole"!
With this money, after purchasing a part of Corning's shares, the remaining money was also spent on pipeline construction.For the time being, there is no spare money on hand to engage in defense project contracting.

Worth and cash flow, there is still a difference in essence!

In terms of worth, we are at least tens of billions of rich people, but in fact, Carter knows very well that the cash flow on hand that can be turned around without pressure is often only a little over [-] million.For the rest, it costs money either here or there
In Japan, although houses are being sold every month, those houses are off-the-shelf houses, and there is not much leverage to use.And the income, now is not the best time to realize
Potential stocks are potential after all, and it takes time to transform into strength!
And at this time, Carter is waiting for a year!
A year later, July 1989.
The construction of communication channels is booming, and at the same time, thanks to efficient communication methods, transfers between Black Flag Savings Banks have almost achieved full-coverage transfers within seconds.At the same time, in the wave of successive bankruptcies of small banks, with relatively strong capital and more convenient liquidity of funds, the development of black flag savings is also very rapid.

However, this month, the information received less attention
Because of the United Airlines flight 232 accident, also known as the "Sioux City Air Crash", it has become the most concerned issue in the United States!
In a McDonnell Douglas DC-10 airliner, the blade of the third engine at the tail suddenly separated during operation.The flying engine blades cut through the hydraulic pipes at the tail of the aircraft, resulting in the loss of hydraulic oil in the entire aircraft
The loss of hydraulic pressure almost means complete failure of control for hydraulic transmission aircraft.The forced landing of the plane, including adjusting the attitude, etc., is all done by the thrust difference between several engines
The reason why this incident was a sensation was that the information had been leaked long before the accident happened, and the media that got wind of it almost occupied the runway of Sioux City Airport.The whole process of the disaster was recorded in high-definition; secondly, 285 of the 110 passengers died. In addition to grief, people will also be thankful that 175 people survived under the decisive handling of the crew on duty.
The legendary story has made it very popular!

But this is not good news for a company!
That's right, it's Maddow!
Whether it is the aging of the engine blades or uneven stress, the manufacturer, McDonnell Douglas, cannot get away with it!Similarly, the hydraulic oil of the three sets of hydraulic systems can leak clean at the same time, which has also caused serious doubts about the design flaws of the airliner produced by McDonnell Douglas, including NTSB!
On the one hand, all DC-10s in service are urgently recalled, and fuse valves are added to the hydraulic system to ensure that if the hydraulic oil leaks in the future, the section of the pipeline where the leak is located will be directly sealed; on the other hand On the one hand, McDonnell Douglas and United Airlines jointly announced that they will provide compensation to the families of the victims.
Staring at the sad speech of the President who has already assumed the post of Bona on TV, Carter had a premonition that the good days of McDonnell Douglas may be coming to an end!

Just like what I worried about many years ago.This period of time can be described as a period of high incidence of DC-10 airliner accidents
Especially in the "Sioux City Air Disaster", the knife that killed Mai Dao was directly stabbed in!
Adding a hydraulic fuse mechanism requires money, and compensation for victims requires money, but the stock price is falling in response.At this moment, Carter brought up his pen.
On that weather-beaten little notebook, the name "McDonnell" was added!

An opportunity to cut into national defense projects has appeared!

McDonnell Douglas, although it is a civilian airliner, this DC-10 is [-]% problematic!
But in the field of military aircraft, the F-18 series basically came from it!And this series of fighters will still be used by the U.S. military until the future.
The fighter jet is still in service, and it has been in service for a long time in memory.It's completely different from the Chrysler M60, which I just took over and has already eliminated!

This thing is quite worth the investment.
However, McDonnell's downhill road has just begun, and it is not yet time to buy bottoms.before again.
Apart from training, Carter is also keenly aware of the changes in Japan, the market he mainly targets.

The overheated economy, a lot of speculation, was at its peak in 89!
This has brought about a substantial increase in employee mobility and a rapid increase in employment costs in some of the companies I invested in Japan.In just one year, the labor cost has more than tripled!However, liquidity is still increasing
There are a large number of resignations almost every day, and companies have to continue to increase money and recruit people in the market
You have to take a taxi instead of walking for a one-kilometer road; magazines are full of content about how to match luxury goods and how to identify the authenticity of luxury goods;
And on August 8, the Bank of Japan finally announced the news of raising interest rates!
The benchmark interest rate has suddenly risen from the original 2.5% to 3.75%.

In Carter's memory, this moment is hailed as a turning point in Japan's turn from prosperity to decline.

On August 8, the Nikkei index reached the highest point in history: 5 points!
On August 8, the market will be closed.

On August 8, it opened at 7 points and closed at 32746.23 points. In just two days, it fell by more than 31877.99%
The action of bursting the bubble has begun!

And until this time, Carter's property has not been completely sold
As far as I can remember, the real estate market and stock market collapsed in the 90s, and now it is only a small drop. For Carter, there is still time!

The news of speeding up the sale of houses, listing all of them for sale, and even a [-]% discount if necessary, spread to Japan through the airwaves.

The conductivity of the economy has reached the stock market, and the next step is the property market!

(End of this chapter)