Chapter 878 The significance of 84 years

Author: Khurav

Chapter 878 The significance of 84 years

When the combat boots under your feet stepped onto the soil of Yale, more than half of 1984 had passed.

Historically, this year has extraordinary significance for all countries.

In China, 1984 is known as the "First Year of the Company". A large number of private companies that will be familiar in the future, such as Suning, were established in this year; in Japan, the US-Japan talks officially kicked off the financial struggle between the United States and Japan.

Regardless of whether Japan has prepared to reform its financial system in advance, starting from this year, Japan's financial system reform has been put on the table.

A consensus has been reached, a consensus recognized by everyone: Japan will definitely usher in financial reform!

In the United States, this year was also the year when the economy began to recover after ending the pain.

The funds attracted back through the rise in U.S. debt interest rates have been heavily invested in military and defense, communications technology, aerospace and other fields. U.S. military spending has increased from about 5% of GDP to 7% annually.

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By now, Reagan has basically given up on compressing federal government spending and instead issuance of debt. Compared with 1983, the scale of U.S. debt has jumped significantly in 1984. Based on history, Carter understands that the United States will soon be

From the world's largest creditor country to the largest debtor country

1984 was just the beginning. In the future, federal government investment will only become more and more massive!

At the same time, as the supervision of the international banking industry gradually improves, bank arbitrage becomes more and more difficult. The "high interest rate deposit liabilities" that were laid in the past have gradually exploded in the U.S. banking industry.

One after another, small and medium-sized savings banks, in the past few years: "high interest deposits - difficulties in lending - expenditures are greater than income - using bank capital to complete savings interest payments - bank capital decreases - investable scale decreases - income continues to decrease - banks

In the cycle of using more and more capital, banks were warned because their capital fell below the warning line set by the FDIC, ordered to make corrections, and finally forced to go bankrupt!

Compared with the sudden bankruptcy impact of the 1980s, which was like a tsunami, the upcoming bankruptcy wave of small and medium-sized banks is more like an ocean wave with each wave getting stronger than the last.

The first wave is very small; the second wave is slightly larger; the third wave

Everyone understands that it will only get bigger and bigger! The further back you go, the stronger the waves will be!

This wave will not end until all the banks that should go bankrupt are almost bankrupt, and only those strong, well-capitalized banks are left in the market.

Fortunately, this wave of banking crises has left people with more room for preparation. Supported by the profits of various industries, Carter is confident that he can survive this crisis.

During the communication with Patterson of the FDIC, the two parties reached a tacit agreement verbally: the Atlanta branch of the FDIC would provide necessary assistance to Black Flag to help Black Flag Savings better take over the bank that was about to go bankrupt in Georgia.

Look through the list of banks provided by Patterson that have been warned twice, and with the intervention and help of the FDIC, the risk capital ratio is still less than 6% for two months.

The second expansion period of Black Flag Savings Bank is coming soon!

When the time came to November, the 1984 presidential election also came to an end. As history goes, Brother Genzi defeated the Democratic presidential candidate Walter Monday with an absolute advantage of 525 votes to 13 votes.

Seoul, won re-election

Interestingly, the House of Representatives was almost completely occupied by Democrats during this election change.

Combined with previous speculations, Carter has every reason to believe that in this election, the two parties have already reached a deal behind the scenes!

After all, as a competitor, Mondale's performance in this election was too inferior! So inferior that it was completely inconsistent with his personality.

As the Vice President in the Carter era, Walter Mondale was definitely not a political novice. When Reagan proposed "The Dawn of America", he questioned that Reagan was too old and might not be qualified for the presidency;

Reagan appeared in Philadelphia, shouting about tax increases while delivering a speech at a geomantic site where the president had been assassinated many times.

In the fantasy country of the United States, even though Carter has been fully mentally prepared for all kinds of bizarre events, Walter Mondale's performance this time was still outrageous and beyond Carter's imagination.

Carter couldn't think of any reasonable explanation except that he was letting the water go.

Especially after the results of the change of ownership of the House of Representatives came out, suspicions of insider manipulation in this election rose rapidly!

The Senate, the House of Representatives and the President, if we use the ancient official system as an analogy, are a bit like the emperor, cabinet ministers and the Metropolitan Procuratorate. They are also members of Congress, and senators are often more pragmatic than representatives, or in other words, have greater actual power in implementing decision-making.

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In the political ecosystem of checks and balances in the United States, the decision-making power of the emperor (president) and the executive decision-making power of the Senate are often not unified. For example, in the era of Democratic presidents, the president of the Senate is often a Republican, so that when the president makes mistakes in his decision-making, someone can

Put the brakes on him. Meanwhile, the House of Representatives usually works in lockstep with the president.

After all, the House of Representatives holds the power to impeach federal officials. No president wants to be caught in a braid, right?!

Although this kind of rule is not explicitly formulated, the election results under normal circumstances will almost always show this situation: on the one hand, in order to win the presidential election, one of the donkeys and elephants who are determined to win the president will spend a lot of energy and financial resources on

In the presidential roadshow, compared to the Senate race, there is not enough energy and it is easy to lose the majority. On the other hand, the Senate and the president are from the two parties, which is also the most moderate political tacit understanding.

In other words, both donkeys and elephants can accept it! After all, everyone has their own voice at the decision-making level. Externally, for the people, the people are also more accepting of this kind of leadership structure that checks and balances each other.

As for the House of Representatives, the Senate, and the president, they all come from a certain party. Carter has never seen such a spectacle.

So now, this time, the Republicans and Democrats have "changed sides" in the competition for seats in the Senate and House of Representatives. This is a very intriguing thing!

Because this does not conform to objective laws and violates the unspoken rules of American politics.

As the saying goes, when things go wrong, there must be a monster!

Where are the Democratic Party's idiots playing?

"Taxes? Or impeachment?!"

The corners of Carter's mouth raised slightly.

Looking at the powers of the House of Representatives and then thinking about the demands of the Democratic Party, this question is not difficult to guess!

The tax increase proposed by Walter Mondale; the "Roosevelt New Deal" that just passed, the big government doctrine created by the Democrats; and that, perhaps in the hands of Carter or any other individual, it will not be able to play much

impeachment power

If put in the hands of Democrats who work together, the power of this thing can be

It is conceivable that in the first two years of Genzi’s second term from 1985 to 1987, the American political scene should be very lively!

Likewise, Genzi's ambitions and actions should not be too small if he does not hesitate to expose his "butt" in order to strive for this short period of highly concentrated power.

You will also be very lively!
Chapter completed!