Rebirth 79: I opened a bank in the United States

Chapter 987 The beginning of the bubble burst

Author: Khurav

Chapter 987 The beginning of the bubble burst

The vice president of the Republican Party is investigating the president of the Republican Party. Only if the problem can be found out can there be trouble, okay?!

While complaining in his heart that today's American political arena is really unscrupulous and doesn't show any kind of performance, Carter also knew that if the position of Secretary of Defense fell to Cheney, he might not be reciprocating the favor.

The exchange of interests is the same no matter where you put it.

Think about it, it’s not easy for people to tell lies with their eyes open, right?

Similarly, it is not a bad thing for me that he went up. Although they are not that close, the relationship is not very far. In addition, it will take some time for me to digest last year's harvest.

It seems that the investment has been completed, but it will take time for the profits to be realized!

I spent a small amount of 20 billion in it, and I only got one dividend this year, and it was only worth over 1 billion when I got it. Also, tax is deducted, after all, it is cashed out directly.

And if you want to use this money to start a new business in the field of defense contractors, Carter doesn't like those who are capable, and those who are capable can't do it for the time being. Moreover, the fiber optic infrastructure in Georgia is also a "dollar black hole"!

After using this money to acquire part of Corning's shares, the remaining money was also spent on pipeline construction. For the time being, there was no money left on hand to engage in any defense project contracting.

Net worth and cash flow are essentially different!

In terms of net worth, we are already tens of billions of rich people, but in fact, Carter knows very well that the cash flow he has on hand that can be turned around without pressure is often only a little over 100 million. The rest is either spent here or spent there.

spend money

In Japan, although houses are being sold every month, those are real houses after all, and there is not much leverage to use. Moreover, the income is not the best time to realize it now.

Potential stocks are potential after all, and it takes time to transform into strength!

And for this time, Carter has been waiting for a year!

One year later, in July 1989.

The construction of communication pipelines is booming, and at the same time, thanks to efficient communication methods, transfers between Black Flag Savings Banks have almost achieved full coverage in seconds. At the same time, amid the wave of bankruptcies of small banks, relying on the relatively strong

Capital and more convenient financial liquidity, the development of black flag savings is also very rapid.

However, this month, this information has received little attention

Because of the accident of United Airlines Flight 232, also known as the "Sioux City Air Crash", it has become the most concerning issue in the United States!

On a McDonnell Douglas DC-10 passenger plane, the third engine blade at the tail suddenly separated during operation. The flying engine blade scratched the hydraulic pipe at the tail of the aircraft, causing the entire aircraft to lose all hydraulic oil.

The loss of hydraulic pressure almost means a complete failure of control for a hydraulically driven aircraft. The aircraft's forced landing, including adjusting its attitude, etc., all rely on the thrust difference between several engines.

The reason why this incident is sensational is that, firstly, the information was leaked long before the accident occurred, and the media who heard about it almost occupied the runway of Suzhou Airport. The entire disaster was recorded in high definition; secondly, 285 people

110 passengers died. Apart from grief, people can't help but feel lucky that 175 people survived due to the decisive handling of the crew on duty.

The legendary story makes it very popular!

But this is not good news for a company!

That’s right, it’s McDonnell Douglas!

Whether it is the aging of the engine blades or uneven stress, the manufacturer, McDonnell Douglas, is inseparable! Similarly, the hydraulic oil in the three hydraulic systems can leak clean at the same time, which also makes all walks of life, including the NTSB, pay attention to McDonnell Douglas

The passenger aircraft produced had design flaws, which raised serious questions!

On the one hand, all DC-10s in service are urgently recalled to add fuse valves to the hydraulic system to ensure that if the hydraulic oil leaks in the future, the section of pipeline where the leakage point is located will be directly sealed; on the other hand,

On the one hand, McDonnell Douglas and United Airlines jointly announced that they would provide compensation to the families of the victims.

Staring at the sad speech of Bush, who had already taken office as president, on the TV, Carter had a premonition that McDonnell Douglas's good days might be coming to an end!

Just as I worried many years ago, this period can be said to be a period of high incidence of air crashes for DC-10 passenger aircraft.

Especially the "Sioux City Air Crash", the knife that killed McDougall was stabbed in hard!

It costs money to add a hydraulic fuse mechanism, and it costs money to compensate victims, but the stock price is falling. At this moment, Carter picked up his pen.

The name "McDonnell Douglas" was added to that weather-beaten little notebook!

An opportunity to enter a national defense project has arisen!

McDonnell Douglas, although it is a civilian airliner, there is 100% problem with this DC-10!

But in the field of military aircraft, the F-18 series is basically its work! And this series of fighters will still be used by the US military into the future.

It is a fighter jet. It is still in service and has been in service for a long time in my memory. It is completely different from Chrysler's M60 that was already phased out just after I took over it!

This thing is quite worth investing in.

However, McDonnell Douglas's downhill journey has just begun, and it's not time to buy the bottom yet. Before again.

In addition to training, Carter was also keenly aware of the changes taking place in Japan, the market he was mainly tracking.

The overheated economy and massive speculation were at their peak in 1989!

This has brought about a significant increase in employee mobility and a rapid increase in labor costs in some of the companies I invested in Japan. In just one year, labor costs have more than tripled! However, mobility 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 one kilometer of road; magazines are full of content on how to match luxury goods and how to identify the authenticity of luxury goods; the phenomenon of getting a house and a car after graduation is a reflection of Japan today.

On August 4, the Bank of Japan finally announced an interest rate hike!

The base interest rate suddenly rose from the original 2.5% to 3.75%, which was a very vigorous effort.

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

On August 5, the Nikkei Index reached its highest point in history: 38915.87 points!

The market will be closed on August 6.

On August 7, it opened at 32746.23 points and closed at 31877.99 points. In just two days, it fell by more than 18%.

The action to pop the bubble has begun!

Until then, Carter’s property had not been completely sold.

In his own memory, the real estate market and stock market crash that began in 1990 are still only a small drop. For Carter, there is still time!

The news of accelerating the sale of houses, listing them all for sale, and even offering a 10% discount if necessary, was sent to Japan through the airwaves.

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

(End of chapter)