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MTL - Rebirth: Japanese investor-Chapter 22 economy
Chapter 22 Economy
After hearing the conversation between Masayoshi Kishimoto and the shopkeeper, several diners in the store not only focused on Masayoshi Kishimoto, but also scrambled to get their own food and drink, and hurriedly approached Masayoshi Kishimoto.
Kishimoto Masayoshi immediately understood what was going on from the expressions on their faces. After all, at this time, it is also an RB in the Asian financial turmoil. Although it is not as tragic as South Korea, life is not easy.
Kishimoto saw that since they were interested in what he said, he didn't hide it and said, "The heavy damage that South Korea has suffered is not entirely the fault of the current government.
traces its origins, not only to the Han River miracle era that Korea is proud of, but also to a further era. The concentrated outbreak of economic problems this time is all due to the long-term accumulation of faults under the rapid development.
Before the economic problems were brought to the fore, it created a thriving economy for the people. Therefore, citizens are not afraid to spend money, and it is normal to consume in debt. They are convinced that the increase in their own wages in the future will easily make up for the current deficit.
The heyday of the Korean economy was in the 1980s. The 1988 Seoul Olympics was their proud symbol. If I remember correctly, South Korea's middle class also showed a blowout explosion at that time.
Almost half of the households in the middle class have a car. Color TVs, VCRs, refrigerators and other household appliances have entered thousands of households in Korea. "
"The development path of South Korea's economy is very similar to ours! The only difference is that they started and developed later than us." The shop owner suddenly interjected with emotion.
"Not really. South Korea's stride is that it is bigger and faster. RB started in the late 1950s when the economy started to pick up.
At that time, the three artifacts of RB ordinary working families were black and white TV sets, refrigerators, and washing machines. In the mid-1960s, there were three new artifacts, cars, air conditioners, and color TVs.
The 1964 Tokyo Olympics symbolized the take-off of the RB economy. The concept of 100 million middle class, lifetime employment system, and national income doubling plan came into being. In the 1970s and 1980s, the RB economy also entered its heyday and bubble stage.
The whole world can see Asians with two cameras behind their buttocks, so nine out of ten they must be RB people. The employment of college students is simply a battle of various enterprises.
No matter which university you are graduating from, as long as you come to the company briefing, it will cost you 10,000 yen per person.
Once the two parties have signed the default agreement, they will immediately send you abroad to travel at public expense. The purpose is to fear that you will be poached by other companies.
Sitting in the office is doing a temporary job answering the phone, and the daily salary is 20,000 yen. At that time, many young people did not want to do regular jobs.
When I have no money, I work as a day laborer. With money, it is an all-night carnival of eating, drinking, and having fun. Many people want to live like this for the rest of their lives.
The birth rate of RB has ushered in a peak again except after the war. "Kishimoto Masayoshi helped them review the country's past economic glory.
The owner and other diners are all middle-aged and elderly people of a certain age. When they heard him talk about their past, they couldn't help showing excitement on their faces.
However, in addition to their memories and excitement, they deeply sighed that the good days were gone forever. Now, they have become poor and busy one by one.
"It seems that you really sold the billiards room to play with finance? If you can, take me to play." The shop owner seemed to understand what he was talking about.
"For ordinary people, if you can't touch the financial thing, you can't touch it. This is a business that can lose your life and future.
I borrowed what Soros said to prove that finance is not comparable to the general industry. He said that in terms of financial operations, there is no morality or immorality, it is just an operation.
The financial market does not belong to the category of morality, it is not immoral, morality does not exist here at all, because it has its own rules of the game.
I am a participant in the financial market and I will play this game according to the rules that have been set and I will not break those rules, so I do not feel guilty or responsible.
In terms of the Asian financial turmoil, whether I hype it or not will have no effect on the occurrence of financial events. I don't hype it will happen anyway.
I don't think there is anything immoral about speculating in foreign currencies. On the other hand I follow the operating rules. I respect those rules and care about them.
As a person with ethics and concern for them, I want to make sure that these rules are conducive to building a good society, so I advocate changing certain rules.
I think some rules need to be improved. If improvements and improvements affect my own interests, I will still support it, because this rule that needs to be improved may be the reason for the event. "Kishimoto is righteous.
The store owner and others heard the clouds and mountains and fog, and they had no idea what he was trying to say. They looked at each other, but because of their face, neither of them was willing to admit publicly that they didn't understand.
In fact, what Kishimoto Masayoshi wants to express is that there is no morality in this game, as long as it conforms to the established rules, any means can be used to win.
"I heard a saying that one of the main reasons South Korea has been hit so hard is because of its own chaebol monopoly and too much greed.
Dissolve the current chaebols in South Korea, then there will be better healthy competition, which is conducive to economic development. "The shop owner said like a primary school student asking for a teacher.
"Nonsense. Unless the upper echelons of Korea have suffered a blow to their intellect, they will do such stupid things as you say.
This is not only because they are reluctant to give up their vested interests, but they need to use strong capital to speak in the international market.
If there is no chaebol in South Korea, a simple, direct and brutal price war with foreign capital can completely defeat it.
Whether it is South Korea or RB, the chaebol was originally established to better have greater competitiveness, voice and initiative in the international market, so as to fight against consortium capital from the United States, Britain and other countries.
Giving up is tantamount to giving up martial arts. Not only in Japan and South Korea, it can be said that any sovereign country has a similar existence.
Nordic countries and some countries in the Middle East have done even better. They are directly sovereign funds, which use the entire national treasury money to make an investment in the international market.
Nowadays, many people always say that when slave society and feudal society were used, knowledge was in the hands of those high-ranking families. Now, is it different? Just change the soup, not the medicine. " Kishimoto said eloquently.
The only thing he didn't say is that in July 2016, when the other party discussed the "public nature of education and the principle of equality" with several reporters from the Korean media "Kinghyang Shimbun" at a dinner He said, "99% of the people are pigs and dogs, and it is enough for the state to make a living for them." He also advocated that "the identity system should be fixed, and I am trying to be a part of that 1%."
(end of this chapter)