Chapter 129: The Chaos in Korea (Part II)
Kim Dae-jung waved his hand in all directions, and the square suddenly erupted in an earth-shattering cheer, including Kim Dae-jung's supporters and the masses who did not know the truth. Of course, there are also people who support the New Korea Party, but their cheers are really weak, and they are basically drowned in the earth-shaking cheers like mud cows entering the sea.
In fact, despite his previous brilliant speeches, Kim Tae-jung's approval rating has always lagged behind that of another high-profile presidential candidate, Lee In-je. Seeing that the day of the presidential election is approaching day by day, Kim Dae-jung is already so anxious that he can't sleep and eat, blisters appear on the corners of his mouth one after another, and the whole person has lost as much as 10 pounds during this time.
He had originally planned to hold this rally, but he was not sure about the theme of the campaign and the content of his speech, so he did not rush to convene it. After talking to Park Hee-rae on the phone that day, he had an idea to think of a way to mobilize the people of the entire Republic of Korea, and after repeated research with his campaign team, he came up with slogans such as "We don't buy imports" and "Unite to save our country."
For this reason, he also actively mobilized non-governmental organizations and let them take to the streets to publicize and build momentum, and as a result, the emperor lived up to his painstaking efforts and finally had the current scene.
Don't underestimate the tens of thousands of people in South Korea, the population of South Korea is only about 21.42 million, and most of them are concentrated around Seoul and its satellite cities. Through the word of mouth of these tens of thousands of people, it can influence the opinions of hundreds of thousands or even millions of people, which is equivalent to more than 10% of the votes in the presidential race. And in order to expand the influence. Kim Dae-jung also invited the three major Korean television stations: KBS, MBC, and Seoul Broadcasting (SBS), to broadcast his event live nationwide.
Seeing that the momentum was almost over, Kim Dae-jung waved his hand around again, pressed down, signaled the people to be quiet, and after the noise had subsided a lot, he walked to the microphone, cleared his throat, and said in his deep and seductive voice: "Hello, citizens of the Republic of Korea. I'm Kim Dae-jung of the New Politics National Assembly Party. ”
As soon as the words fell. The audience immediately erupted in cheers, and the people who were in charge of creating momentum in the crowd took the opportunity to shout in unison: "Kim Dae-jung! Kim Dae-jung! Kim Dae-jung! At the same time, the campaign team standing behind Kim Dae-jung on the stage immediately followed suit, and they also raised their right hands and waved them to the sky with headbands. shouted loudly: "Kim Dae-jung! Kim Dae-jung! Kim Dae-jung! ”
Under the leadership of this kind of up and down echoing each other. The rest of the people in the square were quickly infected. Unconsciously shouted: "Kim Dae-jung! Kim Dae-jung! For a time the whole square was filled with this kind of sound, high-pitched and uniform, as if it had been rehearsed in advance.
The conscience of heaven and earth. Naturally, there was no rehearsal for this rally, and even Kim Dae-jung himself did not expect this kind of scene, but he listened to the neat voices below and the faces distorted by being too excited, and his heart was naturally very satisfied, and he waved his hand again and again, as if he had become president.
After a full two minutes, Kim Dae-jung waved his hand, stopped the shouting below, and said loudly: "Today, our country, the Republic of Korea, has fallen into a serious economic crisis. I'm sure you're starting to feel the difference: frequent business closures, massive layoffs in factories, declining salaries, and government inaction! ”
The sonorous and powerful sentences suddenly made a burst of applause erupt in the square. In addition to the constant news of corporate bankruptcies, the salaries of salaried people who have managed to keep their jobs have also been affected, and the inflation caused by the depreciation of the won has also made them miserable, although this inflation is not very serious, but this does not prevent them from being angry.
"What do I mean by government inaction? According to what I have learned, just the other day, officials negotiating with the International Monetary Fund were haggling over whether to save the damn banks, which are responsible for most of the problems today. It is a grave dereliction of duty, a crime, and an unforgivable act for the government to protect the lives and deaths of the capitalists at the expense of the lives of our citizens! ”
Kim Dae-jung made a surprising statement, first aiming his guns at the capitalists whose financial situation was in trouble, which undoubtedly won the favor of the ordinary people greatly. For ordinary people, they don't know what the truth of the matter is, and they don't plan to get to the bottom of it, just throw out a scapegoat and find someone to vent to.
In the midst of the noise, Kim Dae-jung turned his words and asked the people to support these banks: "Citizens of the Republic of Korea, I sincerely hope that everyone can put aside their prejudices and join hands to tide over the difficulties. If we Koreans are pinning our hopes on foreign institutions and we can't save ourselves, then there is little hope for the country. ”
Taking advantage of the arrogant and paranoid self-esteem of Koreans is a strategy that Kim Dae-jung has long planned and drawn a good plan, and this trick can be described as tried and tested. In fact, South Korean politicians like to use this trick, and some of them are so brazen as to boast that South Korea is the center of the world and the birthplace of human civilization.
Kim Dae-jung did not do this, he first criticized the current South Korean government, and then mobilized public opinion: "Although the International Monetary Fund can provide the funds to solve the current won problem, the key is that we in the Republic of Korea can save ourselves." They, no! At this point, he pointed in the direction of the Blue House with his hand, nakedly indicating the current president and his economic team.
"Therefore, I echo the people of the Republic of Korea to unite and work together to save our own economy. First, deposit foreign currency in banks to support our now precarious banking system, because if it doesn't. They're going to go out of business very quickly, and then more businesses will go out of business, and we're going to be harmed. Secondly, I hope that you will actively donate gold, silver, and other goods, which are the only hard currency items that can truly support the Republic of Korea's own currency. ”
However, contrary to expectations, this time the cheers were not so enthusiastic, and it is clear that Kim Dae-jung, who had just finished attacking the South Korean capitalists, was now immediately asking ordinary people to support these conglomerates.
There was silence in the audience. Whispers came and went. Soon, however, a voice shouted, "Liar! Kim Dae-jung is a liar! Although no one agreed, many of the eyes of Kim Dae-jung who looked at the stage were obviously unkind.
"Nope! You're wrong, I'm not a liar! Seeing that the effect of speaking had been achieved, Kim Dae-jung immediately stood up. Said. Some might say. Why am I asking you to put your money in the bank that the puppies own? If those bitch's banks were closed, wouldn't we all have lost all our money? ”
Seeing the large nodding below, Jin Dazhong was even more satisfied. It seemed that the listener had completely fallen into the trap he had set in advance, so he continued, "Yes! I hate those pups, too! Those nasty fellows spend their days drinking and drinking without caring about our lives or deaths! But we, as citizens of the Republic of Korea, are the masters of this country, and we cannot ignore the life or death of our country. ”
"If the banking system fails, then the businesses that depend on the banks will fail, and as a result, we will lose our jobs and have no paychecks. Although we have a deposit for the time being, we will still be harmed eventually, which is one of the reasons why I want you to deposit foreign currency in the bank. ”
"Also, if I become president! I mean if! I will definitely do my best to protect your savings, to ensure that every penny you have in the bank will not be lost, and that the citizens who really support this country will not lose a penny of their hard-earned money! ”
Immediately after the promise, the mood in the square was mobilized again, and the encouraged people, after receiving the assurance, shouted loudly again: "Kim Dae-jung! Kim Dae-jung! Kim Dae-jung! ”
It has to be said that Kim Dae-jung's strategy is ingenious, combining support for national action and running for president, making people think that as long as he is elected president, everyone's interests will be guaranteed. But in reality, if you want to bail out the banking system, the government still has to pay from the people's taxes, which is called "from the people, for the people".
Taking advantage of the high public sentiment, Kim Dae-jung went on to criticize the representatives of the South Korean government who are currently negotiating with the IMF: "Those damned guys, regardless of the lives of the people now, do not hesitate to lose the entire economy of the Republic of Korea for the sake of one or two banks that are about to collapse." What we're asking for now is to let some of the banks that have gone wrong go bankrupt and go to the end of it, and then everyone will put their money in the banks that don't have problems. We can't let these damn corporations kidnap our economy, we can't let the current government betray us, we have to unite and save our own economy! ”
As he raised his arms and shouted, everyone enthusiastically chanted: "Unite and save our economy!" ”
……
Soon, this call reached the ears of the delegation that was negotiating with the IMF, and in the face of strong pressure, Lin Changlie had no choice but to abandon the strategy he had insisted on and instead agreed to let some of the problematic banks be liquidated first, but Lin Changlie did not give an inch to the "chaebol" (large enterprise) treatment plan.
On December 2, in line with Lim Chang-yeol's measures, South Korea's Ministry of Finance and Economic Affairs ordered nine problematic securities banks to suspend business until the end of the year, and proposed a revival plan while changing management, otherwise their licenses would be revoked.
With a series of reactions from the South Korean government, Kim Dae-jung's prestige among the people has reached its peak, and ordinary people have believed that Kim Dae-jung may be the one who can solve the current economic difficulties. Opinion polls show that Kim Dae-jung at this time is also under investigation, surpassing Lee In-je, who was the most vocal before, and becoming the latest candidate who is likely to stay in the Blue House.
The market, on the other hand, reacted extremely pessimistic to the South Korean government and a series of financial consolidation measures, and analysts previously believed that if South Korea accepted the IMF's conditions, the won would suffer a major setback in the short term, and the reasonable price was expected to be around 1,200 won per dollar. As a result, these expectations reached their peak on this day, before the South Korean government rectified some securities banks, and the won fell to the level of 1,260 won per dollar, and I am afraid that the won would continue to fall if it were not for the good news that an agreement with the IMF was imminent.
On December 3, after a week of painstaking negotiations, South Korea and the IMF finally reached an agreement with the IMF to save the South Korean economy with a total amount of up to $55 billion. The agreement includes the strengthening of fiscal and monetary policies, the deepening of reforms in the financial sector, the liberalization of trade and capital flows, and the improvement of the institutional management of the chaebols.
In full view, the three most popular presidential candidates, including Kim Dae-jung, also participated in the signing of the agreement, because South Korean President Kim Yong-sam will leave office in February next year, and the IMF needs the current presidential candidate to commit to loan terms, and finally the three presidential candidates have to sign the pledge. At this point, the financial crisis in South Korea has finally come to an end. The won also rose slightly, closing the day at 1,196 won per dollar. (To be continued......)