Reborn American Giants

The dust of the general election has settled, and the whole of San Salvador has begun to calm down again after a brief period of excitement.

As José Napoleon Duarte raised his right hand in the square in front of the Independence Palace in front of the spectators, and placed his left hand on the cover of a copy of the "El Salvador Constitution", he expressed his gratitude to all the people and the

The swearing-in of the National Assembly means that he has officially obtained legal rights. In the next five years of his term, he will be responsible for controlling the country's management rights of more than five million citizens.

What followed was a grand parade, with more than 200,000 people in the capital taking to the streets to celebrate the arrival of a day that represented "the people's control of state rights."

Victor watched all this with cold eyes. These miserable people thought this was a "victory" that belonged to them. They believed that this election event in which the people directly elected the country's leaders was a symbol of "freedom and progress". From then on,

, state power is in the hands of all citizens.

On the surface it looked like this, but what they didn't know was how much resources Jose Napoleon Duarte had invested in winning this election.

If they knew that Jose had invested a total of more than 20 million U.S. dollars for this election and had made large exchanges of interests with capitalists like Bossano Bulnes, they would not think so.

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No wonder that after the Congressional Election Committee announced the final voting results, the opposition vice presidential candidate Alfredo Cristiani told the media sourly, “This is not a victory for the Christian Democrats, but a victory for the US government.

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In order to support Jose Napoleon Duarte in winning this election, the Underwood administration directed the CIA to pay $10.5 million for his election campaign.

US$6 million of the money was laundered through the Adenauer Foundation in West Germany and then transferred to the Popular Education Institute, a private foundation in Venezuela. This foundation is a "super action committee" belonging to Jose and is responsible for campaigning for Jose on the periphery.

Conducting opinion polls, television and radio campaigns, attacking the opposition's biggest opponent, Robert Dabson.

There is also 4.5 million U.S. dollars that the U.S. government publicly provided to the El Salvador International Trade Federation through the U.S. Agency for National Development to help them support Jose's election.

With the unremitting help of the U.S. government, Jose easily won the election with a support rate of 53.6%. The support behind this came from the U.S. government. It was almost an open secret among some senior members of the party.

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At the same time, in order to prevent guerrillas from wreaking havoc during the election, the Underwood administration ordered U.S. military advisers in El Salvador to urge government forces to strengthen patrols and sweeps, with U.S. Air Force aircraft conducting reconnaissance and providing intelligence support.

Starting in February, the U.S. military and the El Salvadoran government forces jointly held a military exercise code-named "King's Guard." On February 15, the United States, El Salvador and Honduras held another month-long military exercise in Honduras, code-named "Big Pine."

During the exercise, the imaginary enemy was the Salvadoran guerrillas.

In addition, during the election period, the naval fleet headed by the aircraft carrier "United States" also sailed close to the waters of El Salvador to prevent the guerrillas from launching an offensive.

Faced with this situation, the guerrillas under the control of the Marti Front were unable to move. Their sphere of influence was squeezed to the northern mountainous area centered on Sensuntepec. The government forces carried out an almost cruel attack.

The measures of "village encirclement and suppression" wreak havoc on villages within the areas controlled by the guerrillas, and in this way uproot the soil for the guerrillas' survival.

The people are tired of the civil war. Ordinary people are the biggest victims of the war. Years of war have turned more than 1 million people into refugees. They have left their homes and lived in poverty. The national economy has collapsed. 75% of the people are struggling in poverty. Everyone

They all eagerly hope to end this war.

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However, in just over half a year, the entire Fandino slum has completely changed. The dilapidated and chaotic slum that was no different from a garbage dump can no longer be found.

The once narrow streets have turned into wide concrete landscapes, and the shacks built with broken boards and iron sheets have been replaced by hundreds of sturdy, uniformly styled resettlement houses.

At the same time, there are some wooden houses next to a huge construction site that are as dilapidated as before. However, these are not residential houses like in the past, but shops doing various businesses.

Most of them are small shops selling tobacco and alcohol, as well as some small open-air restaurants, serving the workers who build commercial streets.

The people in the slums are always the most tenacious. When the conditions were so bad, they could try their best to survive like cockroaches. There is no reason that now that the conditions have improved, their lives have become more difficult.

Therefore, Victor only needs to provide them with an opportunity, and they will live a better life themselves.

Zelda has already called, and Green Bay Fund's investment in the Baodao market is going very smoothly.

Just when El Salvador was going through the national election, the "Taipei Ten Faith Case" broke out. At first, it was just a bank run. It was subsided with the government's emergency fund allocation. However, no one could have imagined that this incident would severely damage the financial industry.

Market confidence has impacted Baodao's entire financial system, and has had a chain reaction that has affected Shixin's parent company, Baodao Cathay Group.

The Cathay Group is one of the five top industrial and commercial groups in Baodao, involving industries including insurance, construction, plastics, trusts, leasing, food, etc. It is controlled by the Fubon Cai family, known as the "New Five Families".

In 1979, the head of the Cai family, Cai Wanchun, suffered from a stroke and split up the business within the family by exchanging equity. The Cathay Group was divided into six: the second brother Cai Wanlin, the third brother Cai Mancai, the younger brother Cai Wande, and Cai Wanchun's eldest son Cai Chennan.

, second son

Cai Chenzhou, his other sons, etc. each received some businesses. In 1982, Cai Chenzhou was elected as the "****" of Taiwan's quota increase. He engaged in collusion between politics and business and profit transfer. At the same time, he misappropriated the funds of Shixin and Cathay Trust under his control on a large scale for investment expansion.

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In 1982, when the Ministry of Finance conducted a general financial affairs inspection, it was discovered that Taipei Shixin had irregular loans, so it sent personnel to provide guidance and gave warnings. The situation improved after that.

But now Shixin has shown signs of illegal operations again. Since mid-January 1984, "Shixin" has systematically lent large amounts of money to the "Guo Plastics" enterprise run by Cai Changzhou, siphoning off a total of NT$15.4 billion in funds.

The total loans exceeded 102% of the total deposits. This prompted the Ministry of Finance, which was always paying attention to Shixin’s operations, to immediately order Shixin to “suspend business for three days for rectification.”

As soon as the news came out, an unprecedented wave of bank runs occurred in the "Ten Faith Bank". For ordinary people, they don't care how fiercely the big shots like you fight. What they care most about is the fluctuation of prices, and their own in the bank.

I have saved a little pension money after working all my life.

So early that morning, the gate of the Tenth Credit Union was surrounded by ordinary people. At 10 a.m., the 3.15 billion cash was immediately exhausted. This news forced the "Finance Minister" Lu Runkang to immediately contact the "Central Bank"

Coordinated and announced that 1.5 billion yuan would be immediately allocated from the "Cooperative Treasury" to support Ten Credit Cooperative, and the cooperative Treasury would temporarily take over the Tenth Credit Cooperative for inspection and rectification.

Originally, the government's approach was to protect the legitimate rights and interests of savers and stabilize the financial order.

However, after the news came out, it was immediately criticized by public opinion. It was believed that "Heku" used people's tax money to cover the deficit of "Ten Faith" without limit. If bad debts occur in the future, this huge advance payment will inevitably be passed on to all taxpayers.

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And Chris Flowers is worthy of being a veteran investor on Wall Street. He has grasped the pulse of the market very keenly. Although Baodao is known as one of the "Four Asian Tigers", its financial system is still relatively backward, and the banking system is huge.

Subject to government regulation, the overall financial system is inefficient.

Coupled with the stock market and real estate bubbles caused by the appreciation of the Taiwan dollar, the entire market showed a false prosperity, so Flowers believed that the time had come and began to short the Baodao stock market.