NIS Agents Tearing Up the Japanese Empire - Chapter 282



Only Noblemtl

NIS Agent Tears the Japanese Empire Episode 282

Promises should be kept carefully (1)

It didn’t take long for the small fireworks launched by the United States to cover the entire United States.

When the stock market crashed, a bank run occurred as investors who had suffered huge losses in the stock market rushed to banks.

Simultaneous bank runs occurred at banks across the United States, including those in major metropolitan areas.

In order to return depositors’ money, the bank collected the financial products it had invested in and the promissory notes it had lent to each company.

Financial products can be recovered somehow if you take losses on the money scattered here and there, but the story was a bit different when it came to promissory notes lent to companies.

Usually, when running a company, there are not many cases where it can be run solely with the CEO’s personal assets.

As I worked, there were many instances where I needed to spend money here and there, and there were also times when I needed to raise funds in a hurry.

That’s why many companies borrow money from banks and use that money to expand their businesses or enter new markets.

Most companies were able to secure cash flow by repaying their loans or switching to other loans at an appropriate time, but the bank suddenly started to collect loans even though they were not due yet.

But there was something they overlooked.

It was said that ordinary companies also suffered great losses due to this stock market crash.

With more than half of its market cap now gone and more set to fall, where can the company get the money?

As banks began to collect bills more aggressively, more and more companies began to close their doors.

And as the company went bankrupt, the banks that could not collect all the promissory notes also started to go bankrupt one after another.

Not only local banks, but also banks in metropolitan areas are starting to become increasingly risky.

As banks failed one after another, fears spread that deposits in banks were no longer safe.

And as the fear spread, more and more people flocked to the banks, and the more people flocked, the faster the bank collapsed.

In this chaotic situation, the government, which has the responsibility to handle this situation…

“Minister of Finance, what is the current situation specifically?”

“It is a process in which the bubbles in the market are naturally disappearing and the market is returning to its original place.”

“Hmm… … . For something like that, it seems like I hear too much bad news from all over the place.”

“There is no growth without pain. Everything will go as the market wills.”

“I see… …. Then, what should our government do?”

“It’s simple. Cut taxes, run the government with tight fiscal policy, and leave everything to the will of the market.”

“Yes. I will do that.”

The government, which was supposed to handle this situation, left everything up to the will of the market in accordance with the laissez-faire principle.

In other words, people who lost all their wealth died every day, people who lost all their wealth overnight were left on the streets, and the fate of people who lost their jobs and wandered the streets was all left to the will of the market.

In the United States, where the word welfare is known to be used only by communists, the fate of those who were suddenly thrown onto the streets was virtually predetermined.

[Served in the Army in the last Great War. Speaks German, French, and English. Graduated from college. Looking for a job.]

[There are starving children at home. Your one cent can feed them. Please show mercy in this land.]

[A mountaineering club, a gathering of people whose lives have taken them to the mountains.]

The streets of major American cities, including New York, Washington, and Detroit, were filled with vagrants and homeless people.

Moreover, the number of vagrants who wander around in family units rather than individual vagrants who wander around alone has increased.

Churches and other charities tried to help them, but there were too many people who wanted help and too few who could provide help.

Those who could not withstand the sudden shock took their own lives, and those who were too scared were trapped in a cycle of pain and dying every day.

* * *

“… … .”

“… … How did America end up like this?”

“Okay, enough of the small talk… …Do you all know what to do?”

Meanwhile, in a mansion outside New York City, successful businessmen from various fields gathered for a small party.

There was a reason why all these enormous families, with names like Rockefeller, Morgan, and Ford, were gathered in one place.

“As you all know, the stock market is not doing so well right now.”

“I heard the market is almost at a collapse?”

“The New York Stock Exchange has been closed for three days now and won’t open, so investors are threatening to riot.”

“Oh, that’s too bad.”

Rockefeller, who had arranged this place, looked around at the others and added a word.

“It is said that in Europe, the aristocracy took the lead in battles and fulfilled their duty. In the United States, the land of freedom and equality, there are no relics of the past like the caste system, but I think that spirit is worth inheriting.”

Rockefeller said this and glanced at the others.

“How about everyone gathered here working together to raise the stock prices that have fallen to the floor?”

But others looked coldly on Rockefeller’s proposal.

“The people here are also victims of this incident, so why should we step forward?”

“The stock is not worth a penny or two, and I don’t think this situation will be resolved just by us stepping in.”

“Well… … I might pick up stocks that sparkle like pearls buried in the mud, but other than that, I’m reluctant to invest.”

At this point, when the stock market was half-collapsed, no one would agree with Rockefeller’s suggestion that he would take losses to drive up stock prices.

In particular, the people gathered here were people who had literally built major corporations from scratch, and they were people who hated suffering losses terribly, so they showed great resistance to Rockefeller’s words.

Of course, Rockefeller knew full well that others would reject his proposal.

Rather, I made this suggestion because I knew it well.

That way, there will be more anecdotes to include in your autobiography later.

“Well, then I guess there’s nothing I can do.”

Rockefeller smiled secretly as he looked at the people whose faces were shadowed by the talk of stocks.

Because he was the only one who profited from this crash while everyone else lost.

The amount he had already invested with the unknown swindler from the East had doubled and was now safely stored in his underground vault.

‘Looking at the situation, it seems like everyone has lost a lot. If that’s the case, then this situation isn’t something that can be recovered in a few months… … It would be better to pick up some good real estate and stocks later.’

Rockefeller outwardly mourned the failures of his friends and consoled them, but inwardly he prepared to use their failures as a stepping stone.

“Well, I guess it would be a good idea to blow away this uneasy feeling with a drink.”

“Let’s do that.”

“For the endless development of the United States of America!”

“For!”

But there was one thing that even the mighty Rockefeller failed to notice: the Great Depression had only just begun.

* * *

[London Stock Exchange Crashes.]

[Pound Collapse Crisis?]

[Great Britain Shakes!]

[Rapid unemployment rate, dwindling hopes day by day!]

The newspapers were all abuzz.

The Great Depression, which had begun in the United States, spread rapidly throughout the world like an epidemic while I was on my way back to Shanghai by ship.

The London Stock Exchange, which prided itself on being the center of the world economy, starting with the United States, was shattered, and almost simultaneously, stock markets across Europe, including those in France, Germany, and Italy, also collapsed.

The damage was particularly severe in Germany, which had just emerged from hyperinflation and was gradually reviving its economy through active foreign investment.

However, the sudden Great Depression dealt a direct blow to the German economy.

The economy of Austria, neighboring Germany, had reached a point of no return, and Germany was just holding its breath, awaiting its death sentence.

“There is no other mess like this mess.”

In this chaotic situation around the world, there was only one country that escaped the ravages of the Great Depression.

Where is it… … .

“Congratulations on your return to Shanghai, sir!”

When I arrived at the Shanghai dock, Inspector Sasaki, who I didn’t know when he had arrived in Shanghai, greeted me with a big smile.

Inspector Sasaki naturally handed over the suitcase to me and began his report right away.

“Since the teacher left Shanghai… … .”

Inspector Sasaki’s report was nothing new to me, as I had already heard it when I was in the United States.

The Japanese Empire, which had already faced an irreversible situation once and had its economy completely collapsed, was somehow recovering its economy and was quiet, and it ended up not suffering any damage from this Great Depression.

“What about the Great Lord Daegal?”

“Yes, I investigated that area as instructed by the teacher, but I couldn’t find any evidence of betrayal or treason.”

“Don’t you have any convincing evidence?”

“Yes, actually, since you’ve earned so much money from me, they even promised to triple the next payment.”

“okay?”

In fact, I benefited from Yoon Deok-young’s arbitrary actions, but I did not suffer any losses.

With the global economy reeling from the Great Depression, the increase in gold mining that experts had predicted did not occur, and instead, the international price of gold soared as the Great Gold Commission blocked the mines to protect the gold veins.

Thanks to this, Daegal Daegam, who had been diligently collecting gold, must have made a huge profit, to the point where he was unofficially in a position to aim for the title of the world’s richest man during this Great Depression.

Well, thanks to that he got a worldwide reputation as a crazy oriental guy who played around with the price of gold, but when did our great lord care about such things?

“Anyway, if you’re too greedy… … .”

“Hehe, that’s true.”

“Any other news?”

“It seems that Lord Daegal boiled Yasuhito well and took him as his confidant.”

“Confidant… …I heard that.”

“It is said that he is not just at the level of a confidant, but that when His Majesty Yasuhito needs to discuss economic matters, he always consults with Lord Daegal.”

“okay?”

There, Daegal Daegam took control of the Japanese business world with his unique eloquence and unrivaled sharp sense when it came to money.

“Use it.”

“Why are you doing that?”

“It’s nothing.”

As things have turned out this way, the prospect of kicking out Daegal has become somewhat ambiguous.

His contribution was too great to be punished for ruining my plans with his arbitrary actions, and his sin was too great to be overlooked.

If I glossed over it here, there was a possibility that when something similar happened later, the Great Commander would disobey my orders and act unilaterally.

“Wow… When should I visit Japan?”

“Yes? Are you thinking of going to Japan?”

“I’ve always wanted to go.”

“Hehe, then I will guide you.”

“You?”

I looked back at Inspector Sasaki, who was laughing.

“This time, I was assigned to the Tokyo main office after leaving the Shanghai Japanese Consulate General’s Higher Division.”

“Oh, really? Should I celebrate this?”

“Yes! My salary even doubled. Hehehe.”

“Okay, then I’ll ask for your help when I go to Japan later.”

“Yes, sir!”

“Let’s do that… … First, let’s stop by the South Korean government building.”

“Yes! I will take the lead.”

Inspector Sasaki took the lead with a confident expression, but I snickered and grabbed his shoulder.

“I don’t think that’s necessary.”

“yes?”

I nodded to Sasaki, who had a blank expression.

Then, people wearing black bowler hats and stylish silk robes began to emerge from the crowd and surround me.

“Are you Mr. Lee from Gyeongseong?”

“Then what about you?”

“His Excellency Kim Won-bong, the Provisional Director of the Information Agency of the Republic of Korea, has sent me to welcome you.”

“I had a feeling that would be the case.”

At their appearance, Japanese police officers patrolling the Shanghai docks quickly dispersed, whistling.

I looked at the sight and chuckled.

“It’s always the same here.”