Tao Zhiming was not surprised at all.

Without our own intervention, the damage the neon bubble economy would eventually cause to the financial system would not be concealed until the financial tsunami five years later.

With so much time to digest, several century-old stores and financial giants will still go bankrupt.

He does not believe that the problem has not been discovered, but the political and business circles in the situation can only take one step at a loss, trying to find ways to suppress the debt and plug the loopholes.

Things are different now. When Tao Zhiming pointed out a clear path, he naturally gave Miyazawa Kiji and Hashimoto Taro the opportunity to follow the trend.

But Miyazawa Kiji didn't think so, but asked very solemnly: "How serious is the situation?"

Taro Hashimoto then took out a thick stack of reports from his briefcase and handed it over, saying: "The total scale of debt hidden outside the formal financial statements and debt active in the secondary financial market is also

It’s nearly 10 trillion yen!”

Miyazawa Kiji's hands trembled visibly, and he asked in disbelief: "There are so many?"

You know, in their original plan, they had to take advantage of the two years when the United States focused its attention on Ross to reorganize the financial system... To this end, in addition to fiscal funds, Hashimoto also provided 20 trillion yen from the private sector.

Taro requested a clear source of funds.

As a result, Tao Zhiming told him in a blink of an eye that of the 20 trillion yen, he could bear 14 trillion yen alone, which is a scale of 100 billion yuan.

But now, another nearly 10 trillion yen appears. Where can I find the money this time?

Miyazawa Kiji didn't expect there would be off-book debts, but he didn't expect there would be so much. He controlled his emotions and asked in a deep voice: "This 10 trillion yen...is it the full scale, or is it the amount that must be dealt with this time?"

What is the scope of the restructuring objectives?"

He was afraid that the answer was the latter, but fortunately Taro Hashimoto said: "If it is just those clubs that are beyond hope, their total off-book debt is only a little more than 4 trillion yen."

Miyazawa Kiji just breathed a sigh of relief when he heard Taro Hashimoto continue: "But the difference is not big. Because most of these off-book debts are multiple debts generated through the secondary financial market and passed through layer by layer.

.In other words, each of these debts is closely or remotely related to each other. In the end, it will still be related to the major banks."

Tao Zhiming listened quietly, what about triangular debt? When the economic situation is good, people who borrow money are confident that they can afford it, while people who lend money are addicted to the game of making money.

After all, regular big banks will have a set of processes and procedures to regulate all kinds of private loans. How can you manage so many of them across the bridge?

So even though this part is only nearly 10 trillion yen, it is no better than the debts on the public statements of big banks. Almost all of them will become bad debts. The funds that banks lend to certain large corporations still have many assets that can be disposed of. And

Since the procedures for these private loans are simple, the interest rates are naturally high. Now that they can't afford it, many people have jumped away or disappeared. Where can they get their money back?

The conference room fell silent for a while. Miyazawa Kiji frowned and flipped through several pages before asking: "Is there a plan to deal with it? Things have advanced to this point and we can only move forward! But these new debts,

Is there any research to determine what kind of chain reaction it will have if we leave it alone?"

"Of course!" Taro Hashimoto looked at Tao Zhiming, paused before continuing, "If we let it go, the plan will get out of control. This is not just a problem of the financial system completely losing credibility, but a large number of small and medium-sized clubs falling directly into

It is a dead place and involves the employment of a large number of ordinary citizens."

Tao Zhiming just raised his eyebrows but didn't say anything.

Over the past many years, there has been so much hot money, but the batches with the best interest rates and the highest quotas have naturally been taken away by the core clubs of major financial groups.

Just like Tao Zhiming himself, because he was able to spend money to subscribe for bonds issued by major banks, he received a large number of low-interest loans in exchange.

But for a large number of small and medium-sized enterprises without strength and connections, the most convenient channel is various private financial clubs. It was easy to get money from them at that time, but the interest rate was just higher.

What are you afraid of when interest rates are higher? People’s consumption craze during the bubble era was enough to support the blind growth of various small and medium-sized clubs.

Now that the situation has changed, they are the most vulnerable.

Tao Zhiming knew what these two people were worried about.

The financial rectification did not solve the essential problems first, but because these most vulnerable "victims" were killed in the aftermath, it actually affected the basic base of votes.

You must know that in the current financial system rectification plan, although giants will fall, there has actually been a tacit understanding among the top forces.

Large conglomerates such as Mitsui, Sumitomo, and Mitsubishi may look miserable on the surface. They spent large sums of money to solve their own problems and were "forced to swallow" some highly indebted financial companies. They were saddled with even higher debts, resulting in "unable to turn over within a few years."

.But this is a process of further expansion, almost monopolizing the market, and it belongs to the stage of taking a low-key rest after eating.

Therefore, Miyazawa Kiji and Hashimoto Taro are confident that after such a major reform, although they will lose their power in a short period of time, the opposition party will never be able to solve the situation before them.

But the situation is different for the tens of thousands of small and medium-sized enterprises involved in these off-book debts of nearly 10 trillion yen.

Although the scale of their employees is not as large as that of large conglomerates, the conglomerates have a strong foundation and can withstand it. And they will fall when the wind blows. Once this causes countless ordinary people to lose their jobs and their lives fall into complete difficulties, then Hashimoto will be in a few years

If Taro wants to make a comeback, it will add an element of uncertainty.

"...Didn't you predict the situation here at the beginning? For this reason, a financial fund of 5 trillion yen was specially planned to be used to digest the bad debts of this kind of private financial society." Miyazawa Kiji continued to look through the pages with an expression on his face.

It’s getting uglier and ugly. “This number was estimated by the secret investigation team. How come it’s almost twice as far apart?”

Taro Hashimoto took a deep breath: "First of all, the scale of the secret investigation team's investigation at that time was limited to a few large banks. Secondly, it has been more than a year since that investigation... We all underestimated

That’s because of the amount of private funding and the craziness of the past few years.”

Miyazawa Kiji also felt that there was no need to read it. He closed the report and asked: "How are we going to deal with it now?"

At this time, there was a faint noise outside the window. Those protesting people seemed to have finally burst out with emotion. Looking from a distance, there were more police officers.

Miyazawa Kiji's face was livid: "We must complete the most important part of the financial consolidation before the vote in the House of Representatives! Otherwise, they will definitely blame all the current rotten financial system on our heads! Only we can

We really gave them a lot of courage and means to deal with it, allowing them to see hope, and even admire our determination and understand our difficulties, so that they would not use this matter as a weapon to attack us! It is imperative, Hashimoto-san,

Time is running out!”

Taro Hashimoto nodded, then looked at Tao Zhiming, and asked calmly: "Mr. Tao, what do you think?"

Tao Zhiming looked at him in astonishment: "You don't still want to find a solution from me, do you? Since we originally had a budget of 5 trillion yen, the extra 4 trillion yen now is not a problem, right? Let's discuss it with Saneye Mulang and issue another one.

Approval of special national debt. If I take out 20 trillion yen in one go, won’t I become the target of public criticism? My appetite is not that big!”

As promised before, he could collect 14 trillion yen by himself. Now it is nearly 5 trillion yen extra. If he is still asked to come forward to solve the problem, wouldn't he really become the absolute leader of the neon financial system?

Taro Hashimoto just said: "This situation has already involved whether the plans of all parties can be implemented smoothly. Tao Jun, if there is no proper solution to this problem, I'm afraid we would rather put the financial rectification on hold until the next few days."

We’ll solve it after the year!”

Tao Zhiming's eyes narrowed.

I'm afraid it was because of these considerations that the opposition parties did not immediately think of ways to solve the problem of financial bad debts before they stood up, and then they delayed it until the financial tsunami, right?

Now that the central bank has achieved the coveted status, Miyazawa Kiji and others are fully confident that they will make a comeback in the future, so why should they put it on hold first?

Mitsui, Sumitomo, and Mitsubishi can afford to wait. After all, the interest relationship between them is already deep and close.

Can Tao Zhiming afford to wait?

He can afford to wait, after all, most of the money in his hand is cash.

In times of crisis, it is the uncle who holds cash in his hand.

But he suddenly discovered something: did Hashimoto Taro and the others feel that Tao Zhiming's plan was always linked one after another, and if the rhythm suddenly changed in the middle, he could not afford the consequences?

Tao Zhiming knew that they had made a mistake. For Tao Zhiming, if the situation lasted for two or three years, it would be nothing more than being unable to prepare adequately for the financial tsunami and making less money.

The situation suddenly became troublesome.

…

"What's the trouble? If you have the strength, just agree to them!"

In Tao Ran Pavilion, Kinoshita Xiufeng was immediately puzzled after hearing Tao Zhiming's introduction.

Tao Zhiming glanced at him: "You should be clear, to solve the debt problems of private financial institutions, what you can get is not the shares of big banks or big securities companies, but a lot of bad debts. On the contrary, as long as I agree,

, for a behemoth like Fuji Bank, part of the debt has been settled and can be recovered from me. At that time, I still won’t pay it back? If I pay it back, their pressure will be relieved. If they don’t pay it back, how can we help them solve these new problems?

Debt problem coming?”

"...Same." Kinoshita Hidefeng came back to his senses, and then became very puzzled, "Didn't it mean that we are fully prepared for future elections? Is this an excuse? I just hope that the cabinet will be formally distrusted in the House of Representatives.

Before the bill is voted on, they can give you a policy answer sheet that will not be criticized wantonly, and then let you carry more baggage."

"More than that." Tao Zhiming thought as he sipped his sake, "I have reached the stage where I have to eat meat with my real teeth. I'm afraid Mitsui, Sumitomo and Mitsubishi are also worried that I have too much appetite and too much strength."

Kinoshita Hidefeng said in astonishment: "How is it possible? We haven't already discussed how to proceed with the follow-up plan?"

"The plan cannot keep up with the changes." Tao Zhiming smiled faintly, "They are afraid."

Kinoshita Hidefeng looked at him blankly.

This is also true.

His "prophecy" ability is too strong, and his ability to plan and make things happen is also too strong.

Now not only is the entire neon political and economic situation following his suggestions, but there are also bloody practical cases.

Kinoshita Hidefeng seemed to hear Horikawa Nobuhiko's wailing: I'm so miserable!

Thinking of this, he couldn't help but shudder and asked worriedly: "Then what are you going to do?"

Not to mention others, Kinoshita Hidefeng's interests were completely tied to Tao Zhiming's.

Now other parties hope that Tao Zhiming will come forward to solve this problem and let him shed some blood first and carry a new burden. What will Tao Zhiming decide?

If this problem is not solved and the plan to rectify the financial system is shelved for a few years, the impact will be far-reaching.

Tao Zhiming wanted to establish a consortium of his own in Neon. In an economic ecosystem like Neon, it is bound to need a large bank as the core.

If he does not get this opportunity, then when the American consortium has eaten and drank enough from Ross and regained his energy, Tao Zhiming will definitely not be as relaxed as he is now.
To be continued...