1011 Toshiba goes bankrupt

"Prime Minister, what should we do now? Once the United States imposes comprehensive sanctions on our economy, it will have a serious impact on the entire economy, and the consequences will be unimaginable!" Minister of Finance Kiichi Miyazawa looked at Noboru Takeshita's angry and distorted face with a worried expression.

When Noboru Takeshita was still Minister of Finance, he signed the Plaza Accord with the Americans, which nearly doubled the value of the yen.

In the process of appreciation, however, the dollar has depreciated sharply.

Hundreds of billions of dollars were snatched away by the United States in vain.

"Those bastards are completely greedy! We have to find a way, if necessary, to get them to sanction Toshiba, and we can't let them expand the sanctions to all Japanese companies. Noboru Takeshita gritted his teeth and said.

What the purpose of the Americans, they know better than anyone else.

The foreign trade deficit is too large, Japanese companies are making too much money from the Americans, and American companies cannot compete in the international market, so they are starting to use such means now.

"Even if they lose a Toshiba, can they give up? Toshiba has less than $3 billion a year in the United States. Miyazawa was worried.

For Noboru Takeshita, he can't say anything.

This bastard is completely buying the country.

But the whole of Japan, which is under the control of the United States, has angered the Americans, which will cause instability to the entire Japanese regime.

"Ask them first!"

Noboru Takeshita felt a sense of powerlessness.

Didn't you say that after the yen appreciates and the dollar depreciates, and Japan helps the United States take on part of its debt, there will be no problem?

Fortunately, the American father was unwilling and wanted to rob the Japanese economy in an all-round way.

"The situation must be brought under control to avoid more serious consequences!" Reagan had no idea that these bastards would play so hard.

In major cities across the United States, what began as a parade in New York smashed stores selling Toshiba products quickly spread across the country.

"Your Excellency, the grievances against Japan in Japan are too deep, and we must resolve such a matter. The subordinate replied.

The Japanese have gone too far.

After entering the U.S. market, they frantically want to sell the whole of the United States, and even their politicians continue to buy American politicians to help them speak.

"The president, the urgent call of Japanese Prime Minister Noboru Takeshita, this is the fourth time he has called. "An aide came in and reported to the president.

Reagan, too, felt that time was running out, returned to his office, and took the phone.

"Your Excellency, the current situation is very unfavorable for us......" Reagan finally answered the phone, and before Noboru Takeshita could speak, he quickly asked the president to control the situation.

Reagan didn't expect the Japanese to be so eager, so he said in a hurry. "Mr. Prime Minister, we are trying to resolve this matter, but the pressure on the government is too great, and the previous Toshiba incident has not yet been resolved, and European countries are constantly putting pressure on us. You know, once the war starts, Europe will be the first battlefield......"

"The matter of Toshiba, which we do not know, is now under full investigation. Please rest assured, we will definitely give an explanation to the world as soon as possible!" Noboru Takeshita was really anxious.

He knows too well the urine sex of Americans.

In such a situation, in order to quell the chaos, the US Government will certainly impose comprehensive sanctions on Japan in accordance with the demands of some politicians.

This is no longer an ordinary trade friction, but a trade war.

Japan was politically controlled by the United States, and there was almost no possibility of winning the war.

The only thing that can be done is to lose the car and give the Americans some benefits, so as to avoid greater losses.

"But what Toshiba did have a very big impact!" Reagan could not directly ask the Japanese side to pay compensation.

In that case, the grab is too obvious.

The Japanese had to take the initiative to send it to the United States.

"We are very sorry for Toshiba's actions. Please let me go, the Japanese government will never tolerate any criminal acts, and will definitely punish them severely...... We are willing to compensate Toshiba for the serious consequences caused by this egregious behavior......"

"It's no longer a matter of reparations. Originally, it was difficult for us to maintain our superiority over the USSR in terms of technical performance, but now the USSR has caught up. Mr. Noboru Takeshita, you should know that the entire NATO strategic nuclear submarines combined, are inferior in number to the USSR......"

"The Japanese government can bear the ......losses of the U.S. government in this regard," Noboru Takeshita said through gritted teeth.

Isn't that what Americans mean?

Since they want money, give it.

"So?"

Reagan didn't expect it to be so easy.

"Your Excellency Noboru Takeshita, you also know that the United States is the most economically powerful country in the world, and there is no shortage of this money at all. What the people are concerned about now is that many units in your country are smuggling prohibited technology and equipment into socialist countries!"

"Rest assured that the President will investigate these violations. Doing such a thing is just the behavior of the Toshiba family......" Noboru Takeshita secretly scolded Reagan in his heart, but he didn't say much in his mouth.

Reagan gave unequivocal assurances that all Japanese companies in the Soviet Union would be closed, and that trade with China would no longer involve any technology or equipment that violated the Batumi embargo.

Reagan also explained the disposal plans proposed by his staff, such as fines for Toshiba and the closure of all Toshiba's factories in the United States......

Noboru Takeshita scolded angrily in his heart, but there was no reaction on the surface.

Reagan also said that as long as Toshiba is punished and an explanation is given to the American people, everything in front of him will be calmed down......

"Bastards! They're making an example of chickens and monkeys! A fine of $20 billion, and a special saying that the United States is not short of money, and that they are now poor and crazy!" After putting down the phone, Noboru Takeshita roared.

When Miyazawa heard this, his face was also distorted with anger.

The Americans are really too shameless.

Not paying attention to the image at all.

"We must break away from the control of the United States, otherwise, we will never be able to develop in the future!" Kiichi Miyazawa knew, and this was almost a certainty.

It can't be changed.

If they don't agree, the U.S. government will announce comprehensive sanctions against Japanese companies.

The reason for the sanctions is not because these companies have really done anything harmful, but because a large number of their products are consumed in the United States, causing the same type of enterprises in the United States to go bankrupt because of low competitiveness.

Trade war!

And it is also the use of all kinds of shameless and shameless means to achieve victory.

"We can only agree to their plan, in the face of the entire Japanese economy, we can still afford the loss of a single company!" Noboru Takeshita also knew that it would not be so easy to get out of the control of the US government.

After World War II, because of the defeat of Japan, it was not allowed to have its own army, and even its international status was very low. The Americans stationed troops in Japan and dictated everything in Japan......

"What? A fine of $20 billion?" When the person in charge of the Mitsui Group heard this, he thought he had misheard.

With such a large situation, can Toshiba still exist?

"If you don't accept it, the United States will impose comprehensive sanctions on all Japanese companies......" Kiichi Miyazawa didn't want to do such a thing, but Noboru Takeshita handed it over to him.

In the face of such a blow to the Mitsui Group, he also felt a little uncomfortable in his heart.

Mitsui was Japan's No. 1 chaebol until the end of World War II, and for this reason, it was hit harder after the war because of its relationship with the Japanese government, and eventually even after the reorganization, it fell behind the Mitsubishi, Fuji, and Sumitomo conglomerates, and after years of development, especially the industrial field also recovered, and the results were ......

"Even they will continue to expand the reason to Mitsui or even more companies. The Americans are typical ......of Toshiba," Kiichi Miyazawa patiently explained.

We can't drag down the entire Japanese industry for the sake of a momentary mood.

The person in charge of the Mitsui Group looked at the Minister of Finance and laughed miserably, "After Toshiba goes bankrupt, will the American consortium buy Toshiba's company?"

No, no one knows.

The anti-Japanese demonstrations in the United States have become more and more serious, and even the demonstrations in many cities have gradually turned into violent incidents, and the time for smashing and looting has been staged, and the American police have been unable to control the situation.

The National Guard, driving armored cars, also took to the streets.

In such a situation, the US government "has no choice" to state to the outside world that it will severely punish Toshiba Corporation, which has caused serious damage to US national security.

Because the Toshiba affair made the whole American Christmas not have a good time.

Just after New Year's Day in 1988, the U.S. Supreme Court held a three-day trial in Toshiba's absence, and all evidence of Toshiba's export of prohibited high-end technical equipment to the Soviet Union in violation of the Batumi embargo was provided by the CIA and the Japanese Metropolitan Police Department.

Finally, on January 7, 1988, the U.S. Supreme Court sentenced Toshiba Corporation of Japan to a fine of $20 billion to compensate for the loss of U.S. national defense, and at the same time, sentenced Toshiba related participants to hundreds of years in prison......

Following the federal court's ruling, the U.S. government announced the closure of all Toshiba's factories in the United States, increased tariffs on all Toshiba imports by 100%, and banned the import of any Toshiba products for five years......

As soon as this news came out, the Japanese stock market, Toshiba Corporation's stock fell into waste paper, and there was still no one to take over.

On January 8, 1988, the head of the Mitsui Group issued a public apology to the world, saying that he accepted the judgment of the U.S. federal court and publicly resigned.

On January 9, 1988, Toshiba Corporation, one of the top five companies in Japan, announced that it had entered bankruptcy liquidation proceedings.

"Xie Kai, Xie Kai, the little devil's Toshiba is bankrupt. Xie Kai had just finished the exam, and Zheng Quan, who had been in Shennong all along, appeared, and said excitedly, "Let's go and copy the bottom!"

"Copy the bottom?" Xie Kai didn't react a little, and asked suspiciously, "What kind of bottom?"

"Toshiba is bankrupt! Toshiba Group, the largest one in Japan!" Zheng Quan said excitedly.

"Toshiba is bankrupt? How is it possible!" Xie Kai didn't believe it at all.

If he believed that a large American company went bankrupt, he really couldn't believe that Toshiba would go bankrupt.