Investor That Can See The Future

Chapter 377

At the time of the Nishida Securities order mistake, OTK Company was heavily criticized.

It is not uncommon to profit from ordering mistakes. The problem is that I ate too much.

However, if Nishida Securities received sympathy, that is not the case. On the contrary, if I had been cursed more than OTK Company, I would have eaten more, but not less.

In the financial world, a worse person than a robber is a robber. There is no room for sympathy for providing a cause for robbery in the first place.

Hyeon-joo noona said with a laugh at the place where she went to consult on countermeasures.

“Can we sanction Korean companies and suspend financial transactions with Korea? That’s funny. The trade deficit with Japan alone is 30 trillion won a year.”

In other words, Japan is earning 30 trillion won from trade with Korea every year.

Ellie added an additional explanation.

“Among Korea’s trading partners, Japan has the largest trade deficit.”

For reference, the second is Saudi Arabia. Because they buy oil.

The streets of Korea are overflowing with Japanese shops and Japanese cars. Most famous Japanese brands and products are in Korea. Sometimes when I go out to Hongdae or Gangnam, I get confused whether this is Korea or Japan.

On the other hand, Korea doesn’t sell much to Japan. Japan is such a special market that the word Zalapagos comes out. TVs and home appliances of Suseong Electronics and CL Electronics, which have been recognized worldwide for their technology, hardly sell in Japan, and Eunsung Motors withdrew because it could not withstand the sluggish sales.

Hyunjoo noona said while drinking coffee.

“Consumer goods are just the tip of the iceberg. The problem is machinery and materials and parts.”

The root cause of the trade deficit with Japan lies in the structural problems of our industry. Most of the key materials and parts for export-oriented industries such as industrial equipment and precision machinery are made in Japan.

Korea imports parts from Japan, makes finished products, and exports them to the US and China. In this way, the trade with Japan is in the red, and the US and China are in the surplus.

“Then what did Prime Minister Okazaki say?”

“It’s just shouting.”

There was virtually no damage to the real financial market. Everyone seems to be taking Prime Minister Okazaki’s words as a mere apology.

said Ellie.

“Yes. The other side will also know that compensation is practically impossible. I think I will raise the approval rating by shouting moderately against Korea.”

If sanctions are imposed on trade with Korea, problems arise not only for Korean companies, but also for Japanese companies that export.

“This is just a show to increase approval ratings.”

“Then what should we do?”

At Taek-gyu’s question, Hyun-joo’s older sister shook her head.

“I don’t know what to do or what to do. I have no idea what to do over there either. It will be quiet after a while.”

I crossed my arms and thought for a moment.

Raising approval ratings by beating South Korea is nothing short of a tradition in Japanese politics. If the approval ratings drop later, won’t you stumble again?

There is another problem. OTK Games and Faceit have already entered Japan, and Karos and M-Pizza should also be considered in the future.

“If we just let it go this time, wouldn’t the same thing happen in the future? Sometimes, I think they will whistle for 2 trillion yen back.”

Taegyu said.

“What if the assets of OTK Company’s subsidiaries are seized later in Japan?”

“As OTK Company is an American company, if you have an idea, you won’t be able to do it.”

“Did those who thought like that bomb Pearl Harbor?”

“… … .”

I heard it and it is

“Originally, Japanese girls are strong against the weak and weak against the strong. If you show weakness from this side, you’ll get even more pissed later.”

This is also correct.

After thinking about it, I said cautiously.

“If Japan wants to make me an enemy, why don’t you do what it wants?”

Hyunjoo noona asked when she saw my expression.

“What are you going to do?”

* * *

After a while, a press conference was held at OTK Company. Again, a lot of domestic and foreign media gathered.

On the spot, I calmly expressed my position.

“In this case, the Japanese government’s fault for driving Nishida Securities to operate a pension fund and operating an outdated financial system due to political and economic cooperation is very much at fault. The Japanese Prime Minister has already ruled that the Japanese Supreme Court does not need compensation. Keeping demanding compensation and apology is an act of denying that Japan is a country ruled by law.”

At my words, the entire conference hall roared.

After a while, a reporter shouted.

“Didn’t the Korean government say that it would seize assets if it didn’t compensate Japanese companies for their judgment on forced labor? So is that also wrong?”

I said calmly.

“That’s because the Korean Supreme Court decided that way. I do not pay compensation according to the judgment of the Supreme Court of Japan to the last, and Japanese companies should make compensation according to the judgment of the Supreme Court of Korea. It is wrong to hold on to this without compensating for it.”

I stopped the question from continuing with my hand. Then he looked at the camera and said.

“At the time of the Sino-Japanese War, Japan counterfeited 4 billion yuan of Chinese money and scattered it everywhere to ruin the Chinese economy. As a result, the Chinese people suffered from extreme hunger. In addition, it was not enough to empty the safe by transferring the 4.7 billion yen left in the Chosun Bank to the Tokyo branch just before the collapse, and it was not enough to print billions of yen at random, causing inflation and ruining the Korean economy. Has Japan ever apologized and compensated for such harm to other countries’ financial systems? Before demanding an apology and compensation from me, the Japanese government should first bow its head and apologize for the numerous financial crimes committed in Korea and China and seek compensation. Then I’ll take a look at it too. That is all.”

* * *

The Ministry of Foreign Affairs was stunned by Kang Jin-hoo’s announcement.

Korea has always been surrounded by the interests of great powers. Therefore, balancing through diplomacy was directly related to the survival of the country.

However, it is not an exaggeration to say that recent Korean diplomacy is being done by Kang Jin-hoo.

When I went to the United States and Big One came, the Korea-U.S. alliance was almost broken because of the uproar, but when Big One came, it became an unparalleled blood alliance.

Even now, if you look at Rush Chi, most Americans chose Korea as the most friendly country.

The relationship with Japan deteriorated as the relationship with China entered a cooling phase and trade retaliation by touching Zhou tea over the technology leak problem, and taking huge profits from an order mistake at Nishida Securities.

Under this circumstance, he freely visited Russia and invested in the progressive nuclear reactor project, arousing negative public opinion on the current government’s energy policy.

In principle, when businessmen cooperate with or invest in foreign companies, they should consult closely with the government in consideration of the impact it will have on diplomacy. However, there was no such thing as Jinhu Kang. He always made his own decisions and made his own announcements.

Of course, if we had discussed it in advance, the government would have taken care of the things that could be helpful and would not have allowed them to be harmful… … .

Unlike China, which returned to thawing mode after a visit to China after the earthquake, relations with Japan were deteriorating.

This was not just because of the earthquake, but it was a problem caused by the overlap of Japan’s early general election and the seizure of property by Japanese companies in Korea following the judgment on compensation for forced labor.

The reaction to Prime Minister Okazaki’s official statement was also generally explosive. Knowing the background of the remarks well, the Korean government did not take a particular position, and the Ministry of Foreign Affairs was planning to manage it under the water and resolve it well through negotiations.

However, Jin-hoo Kang stepped forward and completely overturned the board.

Those gathered at the Ministry of Foreign Affairs are the elite of the elite who have passed the diplomat candidate exam. And the Ministry of Foreign Affairs is famous for its power among other government ministries.

But now, he was busy rectifying what Jin-hoo Kang had done. Calls came from all over the place like crazy, and the staff were sweating hard to answer the calls and explain the countermeasures.

Foreign Minister Kim Seong-cheol looked like he was about to cry when he saw Kang Jin-hoo appearing on TV.

“… … Why are you doing this to us?”

* * *

[After the earthquake, she still revealed that there was no apology and no compensation!][Casting Nishida Securities Order Mistake as a Corruption in Japan’s Political Economy!][Request for apology and compensation for Japanese financial crimes during the invasion of East Asia][Liberal People’s Party expresses great concern about Kang Jin-hoo’s remarks][What will the Japanese government’s response be?]

– ㅋㅋ After the strong earthquake, it was quiet for a while, then it started again.

-But did that really happen?

-These bastards didn’t even have enough to eat like a colony, they pooped until the end.

– You should know that Japanese girls are meticulous~

– The Korean financial system was completely ruined by inflation due to what Japan did.

-Why aren’t these things taught in textbooks?

The Chinese media also published Kang Jin-hu’s remarks as major news, and public opinion in China was boiling.

-Many people suffered from the Japanese invasion of the continent!

-Korea is a brother who fought with China, but Japan is our enemy!

– Do not use Japanese products.

-Apologize and compensate Japan even now!

– Let’s get Daoyu Dao back even by force!

After Kang Jin-hoo’s announcement came out, the Japanese archipelago was turned upside down.

Prime Minister Okazaki and the LDP were bewildered. I tried to beat him moderately, but Jinhoo Kang reacted and grew his job.

As OTK Company didn’t do anything well, I thought it would avoid comments or rebuttals, but I’m going to hit it head-on! Moreover, it also brought up the financial crimes of Japan during the invasion of East Asia in the past. This was a fact that even the Japanese were not aware of.(Read more @ wuxiax.com)

The president of the Japan Innovation Association, Kato Nakamura, shouted in anger.

“Why do you say such a thing because you look at Japan so ridiculously? Is this the kind of strong Japan that Prime Minister Okazaki said? If we do not respond strongly this time, we will resolve to have no confidence in the cabinet!”

As the offensive continues from inside and outside, there is no other way.

Prime Minister Okazaki appeared in front of reporters.

“On behalf of the Japanese people, I can’t contain my anger at Kang Jin-hoo’s remarks! I think this is a provocation against Japan! I will never let this happen, and I will definitely hold Korea accountable. While we will strongly protest to the Korean government and OTK Company, we will take retaliatory measures such as transaction and financial sanctions against Korean companies until an official apology is issued.”

* * *

After the press conference, I spoke to Russian President Vysotsky.

He spoke in a loud voice, and the interpreter spoke right away.

[You did a good job in Japan. Watching the press conference, my stomach was cool. But is it really okay?]

I made a bone joke.

“If I said something like this, should Japan start a war? But a few days ago, a member of the House of Representatives in Japan spoke remarkably in the Kuril Islands.”

President Vysotsky said in an angry voice.

[Is that bullshit?]

On a visit to the Kuril Islands, a Japanese member of the House of Representatives shouted that the four northern provinces should be reclaimed even if they wage war with Russia.

It’s not the first time Japanese politicians have made similar remarks about Dokdo, but Japan’s response was completely different.

The lawmaker immediately bowed his head and apologized for being drunk and talking nonsense, and the National Assembly, from both the opposition and the ruling party, lashed out at him and offered to expel him from his office.

Even a tiger without teeth is a tiger.

Even if Japan is far ahead economically, Russia remains the most powerful country in the military and energy fields. The situation will be different from Korea, which they consider to be blissful.

However, the remarks had already spread around the world, and the Russian government was considering a response. In a situation where Japan takes action first, I have no intention of growing my business… … .

“With a little help from the president, we will keep Japan from even talking about the Kuril Islands for a while.”

President Vysotsky expressed interest in my words.

[How?]

“I do not know. If you trust me, I will perform like General Zhukov.”

General Georgi Zhukov, a famous Soviet commander, defeated the Japanese Kwantung Army in the Battle of Hyonyongol and broke Japan’s will to invade the Soviet Union.

A statue of him on horseback still stands in Moscow’s Red Square.

I explained the plan, and President Vysotsky burst into laughter.

[Hahaha! That would be fun. Do whatever you want to do.]