Rebirth 79: I opened a bank in the United States

Chapter 778 Common Appeals to Japan
"I just finished class, so I really don't have time to read the news. Although this sentence sounds a little arrogant, but as long as you think of a way, it's not impossible."

Pursing his lips, Rick thought for a while before giving Carter a revelation:
"As far as Caterpillar itself is concerned, it really can't say anything to the Japanese government, let alone ask the Japanese government what to do. But I think they will most likely be able to do what they want to do."

"On the one hand, you should know better than me how big our trade deficit with Japan is now!"

"If I remember correctly, it is estimated to be about 400 billion US dollars. This is after restrictions on home appliances, textiles, automobiles and other fields."

Carter nodded.

Too large a trade deficit is not a good thing for the United States.

The simplest point is that American products cannot beat Japanese products, which directly leads to lower profits of American companies.Not only will it affect the development of new products in the future, but it will also directly lead to American companies having to find ways to save costs in order to survive.And the most simple and rude behavior for companies to save costs is: layoffs!
A large number of layoffs by enterprises will lead to a rise in unemployment, especially at the moment when the reduction in energy supply leads to rising production costs and reduced business efficiency. The rising unemployment rate will directly affect the chairs under the politicians' buttocks.
"Yeah, combined with the current unemployment rate of over [-], I think the current federal government should be happy to step in and add fuel to the flames. Even, personally adjust this problem!"

"In addition to Caterpillar, a heavy industrial enterprise, including their sources of customers, I think that its public relations should include many people in the federal government. Or else, through some lobbying companies."

"This has bumped into the free economy advocated by Brother Genzi"

Carter clapped his hands suddenly.

Brother Genzi's ruling program, at least in the early days of his ruling, can be briefly summarized as follows:
1. Reduce government fiscal deficit as much as possible; 2. Increase social supply and restore production momentum through tax cuts; 3. Reduce government control and promote free trade.The purpose of the third point and the second point converge, both brought about during the reformation of Roosevelt’s New Deal period, when the government guided the economy, some production motivation problems occurred.
Fundamentally speaking, Brother Genzi's ruling appeal is to restore the social production capacity of the United States!Just like his campaign slogan "Make America Great Again".Whether it is cutting taxes or promoting a free market economy, these are actually means.

However, Caterpillar's report advocating that "Japan should let the yen appreciate and follow market rules" fully fits the central idea of ​​the Reagan administration, both in terms of its fundamental demands and its concepts.

In other words, Caterpillar and the demands of the current federal government, from face to face, are a perfect fit!

What's more interesting is a heavy industrial company like Caterpillar, not to mention its own political leanings.Just look at his products, such as excavators, bulldozers, motor graders, and mining trucks.
Who is it sold to? !
Either mining or real estate!

However, mining and real estate are industries where the Republican Party gathers together.In other words, Caterpillar's connections in the Republican Party will definitely not be too weak
At this time, they spend a public relations fee, lobby the Republican Senate, and then send this issue to the Republican President
"So, this time, we in the United States have a high probability of responding to the issues raised in this report. No, it should be said that he should have communicated with him long ago if he was able to release it in such a grandiose manner! Yes, it must have been done in advance communicate."

The more Carter thought about it, the more he felt that he seemed to have guessed something.
The media in the United States is relatively free, but how do you say it?There has never been absolute freedom in this world, only relative freedom!

Whether it is direct news control or the use of marginal power to control the content of media reports, this definitely exists in the United States.And this kind of topic obviously involves international politics
At such a point in time when the trade friction between the United States and Japan is getting more and more serious, it was released openly
Carter didn't need to guess, how those Japanese would scold Caterpillar after reading this report!

Is this inappropriately intensifying international conflicts? !
If the United States does not want to think of conflicts and does not want to make this friction bigger, how can it agree to release such a thing?
and many more!

"Shet, this Caterpillar, named two Japanese companies: Matsushita Works and Hitachi. You still remember the first year, when we were training abroad."

"You mean the Hitachi commercial espionage case?"

Rick has an impression of what happened back then.

"Do you suspect that the two are related?"

"I don't know how to put it. On the surface, it shouldn't matter. After all, the espionage case involved the telecommunications field, which is different from the heavy industry field like Caterpillar. But do you know anything about Hitachi?"

"There are some. They have a lot of product lines, such as automobiles, industrial equipment, and even home appliances."

"That's right! Didn't I introduce Nissan to build a factory in Georgia before? I observed at the time that Nissan has a large number of spare parts, and even core components are all from Hitachi. Behind the manufacturing of Nissan and Hitachi are all Japan Ayukawa Foundation. Do you think it’s a coincidence?”

Kat pulls over the chair and sits down across from Rick:

"Restrictions on color TVs and automobiles are limited to Hitachi and semiconductors that appeared in the IBM spy case. Recently, there are voices calling for anti-dumping measures against Japanese products. Moreover, in this industry, Japan also imposed anti-dumping measures against the United States in the 80s. achieve a trade surplus”

"Interesting, there is Hitachi behind all of this! Whether it is home appliances, automobiles, semiconductors, or even the industrial equipment and industrial machinery where Caterpillar is now, Hitachi is involved!"

"Make a hypothetical, if I were Reagan now, this is the White House. When the trade deficit with Japan is getting bigger and bigger, and I also want to boost the U.S. economy, to be precise, restore the U.S. industrial production capacity, I see the hypothetical Japan, which is the enemy, has such a company.”

"It seems to be doing well in various fields, and they all pose a threat to my American industrial products. Do you think I should find a way to deal with it?!"

"It's better to grab it! Instead of breaking Hitachi, it's better to turn Hitachi into the Hitachi of the United States and open up the financial market!"

Following Carter's train of thought, Rick quickly understood the possibility of Carter's conjecture.And the more I think about it, the more possible it is!

After all, there are two countries after all.Regardless of how others joke that the United States and Japan are father and son, at least in name and legally, the United States cannot interfere with a Japanese company.
But finance, especially international free finance, is different.Normal business practices!
I don't want to bring you down, besides, to bring down a giant company like you, not to mention the effort, the benefits are limited.Why don't you grab it directly? !

The premise of grabbing it is that Japan has to let our American money in, and cancel the Japanese government's restrictions on foreign investment in Japan.Don't just let it go, you can't let Japan and South Korea use administrative orders to forcibly suppress the proportion of foreign capital in the shares of domestic enterprises!

Thinking about it carefully, capital likes Hitachi, a mature company, and the United States does not want Hitachi's products to hit the American market. It seems that there is a considerable common appeal between the two parties.
(End of this chapter)