Investor That Can See The Future

Chapter 444

I woke up to the sound of rain.

Ellie was lying on the bed, staring at the rain outside her window. I looked at her like that.

After a while, Ellie turned her head and asked if she felt a sense of favour.

“Are you awake?”

“Why do you like rain so much?”

“Just. Hearing the sound of rain makes me feel at ease.”

Ellie looked at me and asked.

“But are we really getting married next year?”

“Can’t you believe it?”

“Hey, do you know that people around you are already treating you as a married woman?”

“Ok?”

Looking at her expression, she seems to like it somehow.

“How many children will you have?”

“Uh, um.”

awhile. She hadn’t even thought about it until now.

… … If you say, can’t you?

“one person?”

At my words, Ellie poked her lips slightly. maybe it’s wrong?

“What do you mean? Three should be born.”

“Yes?”

Wouldn’t it be difficult to raise three?

“Does Jinhoo like sons or daughters?”

I thought for a moment, then she answered.

“I think she would like a daughter.”

She is a daughter who resembles Ellie. She looks so cute just thinking about it.

“why? I think it would be nice to have a son who looks like Jin-hoo.”

“It’s because I don’t know how many accidents I went through when I was younger.”

“Fufu, I’ll have to listen to my mother later.”

Ellie reached out and touched my face.

“Jinhoo will be a good father.”

* * *

A business luncheon was held at the Blue House in relation to Saemangeum investment.

About 20 presidents gathered at the Blue House. Everyone was smiling, but inside, they were very nervous. Even the elderly chaebol presidents held their breath.

The reason was because of these two people.

Two major incidents in the business world are the arrest of Chairman Im Jin-yong and the resignation of CEO Eun Seong-cha of Chairman Chan-young Han.

The former is related to President Huh Chang-min, and the latter is related to Kang Jin-hoo.

How many of the CEOs of the chaebol will not be dusted off? However, considering that good things are good, and that it has contributed to the economy, it ended with a probation. But, I’m sure the head of the Seoseong group will be arrested.

It was no less shocking that Kang Jin-hoo obtained the silver car.

Among the chaebols, there was an implicit rule not to attack the management rights of the opposing group, even if it was a sibling rebellion. If we look at the cases of attacks on management rights so far, all of them were carried out by foreign capital.

However, Jin-hoo Kang stole the Eunsung car, the core of the Eunsung car group. Chan-young Han resigned without even being able to compete for a vote because the shareholders actually supported Jin-hoo Kang.

If the OTK Company decides to buy stocks and attack the management right, where is the conglomerate that will survive?

It would be fine for Seoseong Group with a large market cap, but it would not be unheard of for other groups to swallow one or two affiliates if OTK Company puts their mind to it.

Either way, it’s hard to see a good look if you hate it, so there was no way the president would be comfortable in his seat.

After all, this is a place to eat and share blessings. The media captured the friendly atmosphere on camera.

I was going to eat quietly, but when Jinhoo Kang grabbed the microphone, the atmosphere changed.

* * *

After lunch, a serious conversation followed.

I got up and said.

“Saemangeum is a high-tech city where everything is automated. Considering the expected power consumption, it is difficult to meet the demand with the current reserve power. I requested the construction of the TWR, but there is nothing to say yet, except that it is under review. In order not to cause any problems in the future, we need to start construction right now.”

The TWR to be built in Saemangeum will be built in partnership with Rosatom and KHNP. In this process, you can naturally acquire TWR technology and operational know-how.

The waste fuel rods generated from the existing nuclear power plants can be recycled, so it is one stone and two birds.

Everyone agrees on the need, but since the current government is promoting a policy to phase out nuclear power, officials expressed their reluctance to construct additional nuclear power plants.

President Huh Chang-min said with a smile.

“I understand that the TWR has not yet been tested for operational issues or safety.”

It is natural. Because we’re just building a commercial nuclear reactor.

“TWR is not a completely new technology, it is an evolution of existing nuclear reactors. The stability has already been sufficiently verified through experiments, and it is currently under construction in Kaliningrad. If there was a problem with safety, neighboring countries would have opposed it sooner.”

President Huh Chang-min nodded slowly.

“We will review that part together with renewable energy so that we can decide whether to proceed.”

I made up my mind and continued.

“Regulations related to driverless trucks also need to be reviewed. Due to the current shortage of drivers, materials are not transported on time, which often delays the delivery. In addition, two or three accidents a day occur due to drowsy driving and inexperienced driving. Driverless trucks are already being used in California restoration projects and have not caused any problems so far.”

“We are closely reviewing that part in consideration of the labor market turmoil.”

“The same goes for modular homes and 3D printers for construction. There have been many new construction methods in the construction field, but they are not being used properly due to regulations. I would like some restrictions to be lifted even in Saemangeum.”

President Huh Chang-min’s expression hardened more and more, and the Blue House officials did not know what to do.

“Does that mean that regulations should be loosened at the convenience of businesses?”

I shook my head.

“no. Regulations should not be applied according to the convenience of the government. There are too many things that cannot be used only in Korea for technologies that are used well in foreign countries. If you can’t know about safety and side effects because you’ve never done it before, and say you can’t do it because you don’t know about safety and side effects, what’s the use of developing a new technology?”

* * *

After the meeting, I met President Huh Chang-min separately.

Compared to the last time I saw him, his face was not very good, and his wrinkles seemed to have deepened. It is said that politics makes you old, and it seems that the saying is correct.

Actually, there was a lot of work in between.

He didn’t feel any tension even though the two of them were face to face. Rather, it felt comfortable.

He drank his tea and brought out his talk.

“I heard you are getting married.”

“Yes.”

“Heh heh, having a family is a good thing. My heartfelt congratulations.”

“Thank you.”

Of course, I wouldn’t have set up a place to talk like this.

What does he want from me?

He is probably the power to control capital power. That’s why he arrested Chairman Im Jin-yong, investigated offshore tax evasion, and put pressure on businessmen.

“What do you think about the Korean economy now?”

“I do not know. It must be seen as a crisis.”

I added a word.

“To be precise, there has never been a single moment without a crisis.”

Korea’s economy has been through all kinds of hardships and adversity as much as its twisted modern and contemporary history. Nevertheless, they overcame those crises well and have barely reached the threshold of a developed country.

Of the countries with a population of 50 million or more, there are only seven countries in the world with a national income of more than $30,000.

While other countries were originally developed countries to the extent that they were Allied Powers or Axis Powers, Korea has come this far from the ruins of war.

The poorest country, which once depended on aid from each country, has grown into an economic power that can stand shoulder to shoulder with the great powers.

It can be said that it is truly a miracle.

But it is still too early to be reassured. Industrial change, economic growth slowing, and population aging are not the only problems.

If you don’t react properly, there’s no way you can’t fall from here again.

“Besides, isn’t there a problem with North Korea? They fired another missile a few days ago.”

Unlike other countries, South Korea has an enemy country armed with nuclear weapons right next to it.

From the South Korean perspective, it is a problem whether North Korea collapses or not. The most ideal scenario would be to develop the economy through reform and opening up little by little while maintaining the government… … .

President Huh Chang-min said as if asserted.

“North Korea will embark on a path of change.”

“As one economist said. The biggest mistake in predicting the future is reflecting hope.”

The expression on the president’s face was not very good at my words.

It is President Huh Chang-min’s hope that North Korea will give up its nuclear weapons and start economic development. In order to make that hope a reality, he implemented a policy of appeasement, unlike his previous administration, and held two inter-Korean summits.

The sight of the North Korean leader holding hands and shaking hands with the North Korean leader, who had been dripping in a sea of fire not so long ago, gave off an atmosphere as if economic cooperation was about to take place at any moment.

However, no significant change has actually occurred. North Korea still has nuclear weapons and is still firing missiles into the East Sea if bored.

“Then what do you think will happen to North Korea?”

It’s a hard question. I am no expert on North Korea.

Even during the previous government, experts were arguing that North Korea would collapse at any moment. This, too, must have been a hope rather than a prediction.

“It must be one of the two. Worse or better than it is now. Either way, you need to be prepared.”

“How do you mean?”

“Money does not solve all problems, but it solves many problems.”

If North Korea becomes worse than it is now, the regime could collapse. If we want to be better than we are now, we need to engage in economic development.

Either the former or the latter requires huge amounts of money. Turning a crisis into an opportunity is only possible with money.

“Why did you refuse to report offshore assets yourself?”

I answered calmly.

“It’s literally a voluntary report. It doesn’t matter if you don’t report it voluntarily, right?”

Even if the CEO is a Korean, the Korean government has no authority to say anything about foreign corporations. Considering the investment agreement with the US, it is impossible to legally enforce it.(Read more @ wuxiax.com)

“I think the position of CEO comes with great responsibilities and obligations.”

“Isn’t that the same as being president?”

Suddenly, the air inside the room became heavy.

In Korea, the power and authority of the president is absolute to the extent that there is a saying that ‘the imperial presidential system’ exists. If it wasn’t for him before he became president, no one would have spoken in front of him like this after that.

“My term of office is fixed, but the term of the president is not set.”

“So?”

President Huh Chang-min put down his teacup and looked at me.

“Over time, people change. That is why we need a systematic check-in mechanism.”

It is probably the knowledge and beliefs he has acquired in his past life.

He worked as a human rights lawyer and fought the military regime. Not one or two of the colleagues I was with at that time turned away. Some became conservatives and praised the economic growth during the military regime, while others became a shogun and demanded the withdrawal of US forces from Korea.

He also went from a lawyer to a member of the National Assembly, and from a member of the National Assembly to the president, so he can be said to have changed.

“It’s good to have faith.”

Then he added a word.

“Unless you force it on others.”

His expression hardened at my words.

I remembered Grace Rothschild’s suggestion. If she had accepted her offer, she wouldn’t have to stay here.

“I will take care of my work.”

I looked directly at President Huh Chang-min and continued to say.

“Even though they have different views, they will agree that the Korean economy must keep moving forward.”

After all, people don’t change easily. It will be the same for him and me.

After a while, President Huh Chang-min opened his mouth.

“I understand what the president thinks.”

The conversation ended with this.