Investor That Can See The Future

Chapter 353

As the political controversy over the phase out of nuclear power intensified day by day, President Huh Chang-min made a statement at the State Council meeting.

“There is no reason to oppose the emergence of safer and more efficient technologies. While the government will continue its nuclear-free policy as promised, it will actively support the development of new technologies and overseas exports of Korean companies. I urge the National Assembly to put an end to the exhausting debate and promptly deal with the bill for people’s livelihood.”

However, the controversy has grown rather than subsided.

The Liberal People’s Party, which had persistently demanded the abolition of the nuclear-free policy, once again poured criticism, and environmental groups and other civic groups strongly opposed it, saying that it was in fact abolition of the nuclear-free policy.

– Hey! Now it’s a three-track strategy!

-So you’re saying you’re going to phase out nuclear power or not?

– Didn’t the Ministry of Science and ICT cut all the budget for next-generation nuclear power plant technology development? Are you going to do it again now?

– Why are you developing technology when you are going to phase out nuclear power? Am I the only one who doesn’t understand this?

– Prime Minister Okazaki is going to Russia right now to meet with President Vysotsky, right? But what is Korea doing? I have Kang Jin-hoo, why can’t I use it?

-Korea is a country with a strong earthquake!

-By the way, it is also a country that has Heo Chang-min. maybe we won’t… … .

-If you are going to continue to use nuclear power, don’t say nuclear-free, and if you’re going to do away with nuclear power, you should ban all exports and technology development.

-Hey, we’ll make Korea a country free from nuclear risks, and we’ll build a lot in foreign countries instead!

– Only the pattern is nuclear-free. In fact, the number of operating nuclear power plants is increasing in this government.

– Alright, let’s just arrest him after the Gangjin.

* * *

In Russia, the construction of a nuclear reactor for the TWR experiment has progressed at an incredibly fast pace. The Western world looked at it and put out its tongue.

As we paid all the cost of this experiment, we were informed of the progress in real time.

Taek-gyu stuck his tongue out

“What kind of speed war is this?”

“It is characteristic of countries that used to be communist countries to proceed without looking back when they make a decision.”

The Russian government and Rosatom did not spare their support, and Professor Petrov’s research team was confident that the experiment would be a success.

I called Warren Boat.

“You must be busy, are you okay on the phone?”

He said in a cheerful voice.

[of course.]

We said hello first.

[I was very surprised to see that I invested in Professor Petrov’s research this time.]

“I heard that you have decided to make an additional investment in Mega Power.”

He is also known to be interested in the energy industry, and in fact Berkshire Cashier was investing in Mega Power. And this time, we decided to invest another 200 million dollars.

[I was delaying investment after cooperation with China collapsed, but this time, I made a decision after seeing CEO Kang’s investment. I think I still need to learn more.]

Being flexible in thinking at this age is a huge advantage.

He was originally known for not investing in IT. However, he has been investing large sums of money in NPL and Suseong Electronics since many years ago. He had several insurance companies, so he was also negative about self-driving cars, but he is now the fastest to launch self-driving-related insurance products.

Some people criticize them for changing their words, but it is true that when the situation changes, you should also change your thinking. Even if it was right then, it is wrong now, and vice versa.

Megapower, which received additional investment, applied for permission to test a nuclear reactor in the United States, and the U.S. government began reviewing it. China even announced that it would build a next-generation nuclear power plant with Chinese technology, even as President Zhang Pinghua.

It seems that the technology competition is suddenly on fire.

[It’s good to compete with each other. Whichever one develops first, it will help many people.]

Unfortunately, Korea is out of this competition.

Although not TWR, technology development to increase the efficiency and safety of nuclear power plants was still in progress, but after the nuclear phase-out policy, all related budgets were cut, and research and development were halted.

After hesitating for a while, I finally decided to speak up.

“Actually, I have a problem these days. May I give you some advice?”

[what happened? Please feel free to speak.]

I talked about the troubles I was thinking about a few days ago.

Now that it’s reversed, he was once the second richest person in the world and the richest investor in the world. He also has experience and years of experience that cannot be compared to mine.

[It is not that the position of the Korean government is not understood. Large capital itself has the potential to threaten democracy. In the United States, corporate political donations are legal. For this reason, it is common for politicians with corporate sponsorship to work for corporate interests.]

“A Super PAC?”

Elections in the United States are like money. Without money, you can’t even run an election at all. But there is no free lunch in the world, and the salt eater has no choice but to turn on the water.

If you are elected by receiving money from a certain company, you will naturally implement a policy that is favorable to that company.

[Though I personally don’t like it, Ronald Stamper is the only president elected without using a Superpack. That point is highly appreciated.]

Although OTK Company helped, they did not directly deliver political funds. They just built factories and created jobs.

So, even after he became president, Ronald could do whatever he wanted without paying attention to companies. A representative example is the declaration of emergency measures before the Big One and the introduction of San Francisco and Silicon Valley.

All the companies protested, but he ignored it. He would never have made that decision if Diane had been president.

[Everyone thinks that money shouldn’t dictate democracy, but in reality it is happening in every country. The change of the Korean government cannot be said to have been without the influence of President Kang.]

“It is.”

Until just before the presidential election, Lee Jung-hye, the candidate of the Liberty Korea Party, was far ahead in approval ratings. If I hadn’t raised the problem of defective PAS airbags at the last minute, wouldn’t she have been elected president without problems?

“Whether I like it or not, even if I don’t do anything in particular, I will continue to influence politics.”

[That’s right. Some will want help, some will check it. The only solution to that is to find it yourself.]

I remembered when I started investing with Taek-gyu.

At first, it was just good to make an investment and make money. But when I predicted Big One, I suddenly had this thought.

Could there be some reason for me to have this ability and to earn so much money?

When I said nothing, Warren Boat laughed.

[There is no need to think too hastily. CEO Kang is still young, and he has plenty of time to find answers. Sometimes taking the time to think about it is a way to solve a problem.]

I didn’t come up with an answer, but just talking about it made me feel like something was going to work out.

“Can I call you often?”

[of course. I am always welcome.]

* * *

It was last year that an electric vehicle industrial complex was launched in Gunsan, despite the Eunsung Motor Union’s all-out strike and fierce opposition.

While the industrial complex was being built, partner companies moved in one after another. As high-quality jobs are being newly created, the expectations of local governments were very high.

The real effect was seen quickly. The net immigrant population to Gunsan, which had been declining since the closure of the GM plant, increased thanks to young people coming in in search of work.

OTK Company, Eunsung Motor Group, and Seosung Group invested in this complex together. It is capable of producing at least 300,000 units and up to 500,000 units annually. It has significantly increased from the original plan of 200,000 units, and the plant is still being expanded.

Although the global car sales are declining, the sales of self-driving electric vehicles are increasing explosively.

This was both a crisis and an opportunity for the companies involved.

Karos, who no one knew until a few years ago, rose to the world’s largest automaker, and Nikola, who once had a higher market cap than GM, collapsed.

Currently, there are three companies that produce self-driving electric vehicles.

Carlos, GM, Ford. Among them, GM and Ford signed a technical partnership with OTK Company to produce electric vehicles.

Similarly, in the Gunsan Electric Vehicle Industrial Complex, the car is produced by Eunsung, the battery is produced by TS Company, and the electric component is produced by Suseong Electronics. And here is the software of Karos.

Regulations related to autonomous driving have been lifted, and driving tests and data collection in Korea have been completed. The Korean government requested that the server be installed in Korea, but it was rejected because it was unrealistic.

The industrial complex has not been completed yet, and the plant is being expanded, but it was able to start operation much faster than expected as it took over the existing GM plant and replaced the internal facilities with an electric vehicle production line.

The first production is 5,000 units per month, and it is planned to increase to more than 10,000 units by the end of the year. Next year, when the plant expansion is completed, it will be able to produce 300,000 units as scheduled.

The Eunseong-cha union protested again, claiming that it was wage lowering and equalization or labor oppression, but no one seemed to care. Even within the Eunseong car, there was not much response.

The workers of the electric vehicle industrial complex are not affiliated with the Eunsung Motor Union. When electric vehicles start to be produced here, existing domestic factories will have to compete for productivity.

Even if the production volume decreases, the basic wage will not be reduced or dismissed, but overtime pay will be greatly reduced. Of course, you can’t help but feel threatened.

The management announced that it would convert existing factories to electric vehicle factories, but, as always, the union opposed it.

In any case, the operation of the electric vehicle industrial complex was like rain in the face of a drought from the perspective of the government, which was struggling with the increase in the unemployment rate.

The government advertised the establishment of an automobile factory in Korea for the first time in nearly 20 years, and the approval ratings of the Blue House and the ruling party, which had fallen due to the nuclear phase out controversy, rebounded sharply.

Taehyung tilted his head.

“The GM plant is recycled, isn’t it new?”

“That’s a very accurate point.”(Read more @ wuxiax.com)

Still, the government tried to denigrate it, saying that boasting that it had created a job was naive, and that the conservative media only changed the signboard.

Well, both are correct.

A commemorative event will be held at the industrial complex to coincide with the first production day.

Jeollabuk-do governor, Gunsan mayor, constituency legislators, and city council members all agreed to attend, and the president himself decided to come down.

“What did the politicians do?”

“I guess they think differently.”

The Blue House, the ruling party, and the opposition parties all praised themselves, saying that it was thanks to their efforts.

Originally, Daryl was also going to attend, but now he is very busy with various things. So I decided to go instead.

I left the company work to Taek-gyu, got in the car and went down to Gunsan.

* * *

Many politicians had already arrived at the industrial complex. They walked around and shook hands with people. And whenever there was a camera, he poked his face.

“… … .”

It’s a custom, what is it?

The workers and local residents who gathered for the event rejoiced together.

As I felt when I was in Detroit before, the best thing an entrepreneur can do is create decent jobs. It is the government’s job to support that.

As I got out of the car, politicians and business partners shook hands with each other.

“Heh heh, nice to meet you. This is Gunsan Mayor Goo Chang-min.”

“It is an honor to meet you.”

“Thank you very much for giving our company the opportunity.”

Is this the ‘innumerable request for handshakes’ that you’ve only heard of?

Before the ceremony began, Chairman Im Jin-yong and Chairman Han Chan-young came, followed by President Huh Chang-min.

This is the first time since the Blue House meeting the other day.

we said goodbye