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Chapter 201 Direction

"Why are our state government agencies going to save the big banks?" Komuro continued, "Why do their mistakes need to pay for the hard-earned money of the people?"

"Of course, we often say 'big and cannot fall'. The so-called 'big and cannot fall' means that the scale of an enterprise is too large. If it goes bankrupt, it will affect several upstream and downstream companies and cause unemployment to millions of people. Therefore, the state government must rescue these large enterprises."

"But, I think there is something wrong with this statement." Komuro pushed his glasses, "Whether it is a big enterprise or a people working hard in a big enterprise? This is a question we need to think clearly. In my opinion, the real supporter is the latter."

"In a healthy environment, we must tolerate the elimination of enterprises. Even if the target of being eliminated is a large enterprise, we must do this. Although there are pains in the process of elimination, I think the greatest wealth in our country is not these large enterprises, but those who live and work hard every day. As long as these people are still there, there will always be new large enterprises. Because they are the driving force for enterprises to grow and grow vigorously."

"In my opinion, the active asset strategy implemented by General Affairs Minister Terada just hinders the elimination mechanism of market competition."

"In other words, do you think the active asset strategy of General Affairs Minister Terada has had a negative effect?" asked the female host of Asahi TV.

Komuro nodded, "The active asset strategy was implemented ten years ago. The five banks that Eriko's targets were detonated tonight, namely Mitsubishi UFJ Bank, Mizuho Bank, Tokyo Central Bank, Sumitomo Mitsui Bank, and Shinseng Bank. These banks are the first batch of banks to pilot the active asset strategy."

"So, Eriko's goal is obviously targeted." Komuro continued, "What kind of consequences have we seen in the ten-year active asset strategy? Our state government agencies spent huge amounts of money to meet the five banks, respectively, and established five large asset management companies to acquire non-performing assets."

"The hard-earned money from the people has helped banks that are suffering from bad loans. But, have we seen this situation change today?"

"Actually, it's not." Komuro's tone began to become more intense. "On the contrary, our bank's bad debt rate has actually become higher. You can also see that the big banks have adopted various fancy methods to cover up their bad debts."

"Our funding to banks not only did not change the way banks operate, but further stimulated them to be more imprudent when issuing loans. After all, there are always asset management companies to provide guarantees for bad debts. Now, I suspect that the real non-performing rates of the five major banks may have far exceeded the regulatory red line."

"Far more than the regulatory red line?" the female host said in surprise.

Komuro nodded, "The crisis always happens at our unexpected moments. So, I think the active asset strategy that General Affairs Minister Terada has implemented before is not correct. On the contrary, it has caused our deformed system of Toyo Bank today."

What this scholar said is already very heavy.

During his career in Terada, his active asset strategy has been promoted as a key achievement to promote. His strategy was even previously known as the Heart-saving Pill of the East Economic Recovery.

"Eriko's behavior is certainly wrong," Komu continued, "But don't we look at her demands. She asked the accounting procuratorate to audit the major loan projects of the five major banks and the personal assets of previous presidents. In the current lack of transparency, isn't such a request reasonable?"

"Can we continue to pretend to be deaf and dumb and unwilling to face the fact that our financial system is shaky?"

"The Eriko incident is a tragedy." Komuro finally said, "She is a tragedy born under the abnormal banking system of our country. Without Eriko, this contradiction will certainly erupt in other forms one day. Now, it is certainly a pity and misfortune to evolve into this form of violent conflict. But I hope that all relevant personnel, namely the Ministry of Finance and the Department of Finance, must pay attention to it."

Asahi TV's news report on Eriko has evolved into a long-form criticism of General Affairs Tatsuda.

Under the influence of reports, the already angry online public opinion became even more turbulent.

Tonight's Tokyo—

Chaotic and disorderly

In order to prevent fires, a large number of roads were occupied, resulting in extremely serious traffic jams. The news of bomb attacks made the police restless because they didn't know if there would be any more similar incidents. In order to prepare for possible large-scale casualties, the hospital also reserved many spaces and doctors and nurses on duty in advance, which greatly disturbed the normal night emergency room.

But, behind all this chaos-

But it seems to have an invisible hand.

It is interfering with the evolution and direction of things.

In step by step, it wants the ending.

...

...

...

Meanwhile, on the downtown road in Tokyo at night, a black sedan is moving forward.

A man in his fifties sat in the back seat.

The man had a square face and looked a little serious. His skin looked a little rough. Although he was wearing a flat suit, he looked like someone who had done heavy physical work. In the car, his eyes did not deliberately stare at somewhere, but even so, his eyes actually gave people a powerful feeling.

This man is the Minister of General Affairs Terada.

As early as this afternoon, he learned about the information that a bomb attack would occur in Tokyo through the emergency information pipeline of the cabinet.

However, Terada never expected that the attack would eventually become related to him.

Originally, he attended the conference remotely in his official residence through video.

But later, he saw the live broadcast of the entire phone call from Eriko to Asahi Shimbun.

Terada did not expect that the bomber tonight would reveal to everyone about his younger brother Makino Nonglin and Mizuho Bank loan transactions. He also pointed the finger directly at himself, claiming that the huge loan was used as a donation for his participation in the re-election of the Congress at that time.

Terada knew that such accusation would have a devastating impact on his life.

He couldn't sit still and wait for death.

He could not have let a crazy woman who was a bomber destroy his career.
Chapter completed!
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