Video Game Empire - Chapter 672
At 10:30 a.m. Eastern Time on January 16, 1991, US President Bush signed a national security directive document to Schwarzkopf, commander of the US Central Headquarters, officially authorizing the 540,000 US troops assembled in the Middle East to go to war against Iraq. The Gulf War is about to break out!
This is the most technologically-intensive war in history. It took only 40 days for the multinational force led by the United States to make Saddam, with 77 divisions and 1.2 million troops, quickly bow his head and concede defeat. A large number of cutting-edge weapons such as Tomahawk cruise missiles and F-117 stealth fighter-bombers displayed by the US military in this war shocked the world!
Although on the surface, the US military won a great military victory with only minor casualties of less than 4,000 people, swept away the haze left by the previous Korean War and Vietnam War. But in fact, the price the United States paid for this is not small, such as the cost of the entire war as high as 70 billion US dollars.
Although allies including the Middle East, Europe, Japan, etc. paid 54 billion of them, the United States also needs to bear the additional military expenditure of 16 billion US dollars. You know, when Bush Sr. came to power, he took over a debt-ridden mess from Reagan. Such a large amount of military spending is tantamount to adding to the trouble for the US federal finances.
In fact, as early as the beginning of Bush’s entry into the White House, Li Xuan made a kind reminder to the other party. It is a pity that the main force supporting Bush’s coming to power is the US military-industrial and oil consortium. So whether Bush really wants to declare war on Iraq or not, he has no choice! Even the parliament controlled by the Democratic Party rarely disagrees with the president on this issue, which shows the powerful power of capital!
However, the biggest damage to the United States from this war is actually not the huge amount of military spending, but the fact that he has drawn too much attention from the White House. Since Iraq invaded Kuwait in August last year, Bush and his White House team began to shift their main energy from US domestic affairs to preparing for war against Iraq!
Bush and his team spent almost all their time thinking about how to win over allies, coordinate relations with major powers such as China and the Soviet Union, and how to deliver hundreds of thousands of U.S. troops from the North American continent to the Middle East, thousands of kilometers away.
Of course, the reason why Bush temporarily ignored the US economy is also related to the acceptable performance of various domestic data in the US in the first half of last year. For example, after the stock market crash in 1987, the US stock market began to rise from the lowest point of 1616 points to 2935 points in October 1990.
With such a three-year-old bull market in front of us, who can say that there is a big problem in the US economy! But in fact the U.S. federal government’s deficit, which was only $40 billion in 1979, had increased to $267 billion by the end of 1990.
This is not the most terrifying, because the growth of corporate debt in the United States is even more exaggerated. In just ten years, it has increased by 160%, from $0 billion to $0 billion.
Although most of this responsibility rests with former President Ronald Reagan, after all, when he came to power with a “balanced budget”, he actually engaged in fiscal expansion. But people have already retired, and the American people will only remember that he has brought ten years of economic prosperity to the United States, and will not analyze that these prosperity were obtained through the means of living with a grain of salt.
If Bush Sr. had made every effort to address the over-indebtedness problem that the United States was currently facing from the moment he took office, he might have achieved a soft landing for the economy. But although he successfully entered the White House, the Senate and House of Representatives were simultaneously controlled by Democrats. So much so that Bush Sr. became a lame president and had to spend most of his time and energy wrangling with Congress.
The Republican White House has always had one of the biggest magic weapons—tax cuts, boosting approval ratings by giving red envelopes to voters, and stimulating the economy by giving red envelopes to businesses. However, the Republican tax cuts have long been rotten by the predecessor President Reagan, which is one of the fundamental reasons for the high debt in the United States in the past decade.
Even the prestige of the party has been shaken after the poor Bush Sr. was defeated by the Republican Party in the 1990 midterm elections. Fortunately, the timely Gulf War saved him a lot of impression points!
However, the victory of overseas wars cannot change the downward trend of the domestic economy in the United States. After the time entered 1991, even the U.S. stock market, which had risen for three years before, began to fall.
Originally, Li Xuan was still thinking about whether, under his influence, the new economy represented by computers and the Internet would develop in the United States ahead of schedule, and whether it was possible to save Bush Sr.’s presidential career. But now it seems that new economies such as computers and the Internet do not account for a large enough share of the overall U.S. economy to reverse the structural flaws accumulated over the past decade.
Li Xuan seems to have seen another tragedy in time and space. Bush Sr. is likely to be kicked out of the White House by Bill Clinton, a hairy guy from Tennessee, which is also not good news for him.
Although Li Xuan has been betting on both the Democratic Party and the Republican Party all these years, his most important political ally in the United States is undoubtedly the Bush family. And as long as Bush Sr. fails to be re-elected, Li Xuan and the Oriental Group will need to face the situation of declining influence in American politics.
For the top-level business competition, politics and business have never been separated. The decrease in the support the Eastern Group receives in Washington will directly lead to a worsening business environment for the Eastern Group in the United States, the world’s largest market.
And the exaggerated earning power of the Oriental Group in the past few years has been secretly envied by many people. In order to avoid the bad situation of being surrounded by wolves, Li Xuan needs to start thinking about how to divide the cake and give up some of the benefits in exchange for peace!
The most coveted high-quality assets in the Dongfang Group are the Dongfang Game Company and Dongfang Research Institute, which have not yet been listed. Taking the former as an example, the total global sales of Oriental Games in fiscal year 1990 was as high as 5.7 billion US dollars, and the pre-tax profit reached an exaggerated 1.865 billion US dollars. UU reading www.uukanshu. com
What level is this?
If Touhou Games were a Japanese company, it would be the second most profitable company in Japan after Toyota. Toyota’s total profit in 1990 was $2.99 billion, while Hitachi, which came in second, was only $1.48 billion.
If Eastern Games was an American company, it would be the seventh most profitable company in the United States, leaving well-known international giants such as Ford, Boeing, and Coca-Cola behind. The most profitable company in the United States is IBM, which generated a total of $6 billion in profits in 1990. And that’s actually created with $69 billion in global sales and 374,000 global employees.
In contrast, the total number of employees of Dongfang Game Company is less than 6,000. In terms of the level of profit created per capita, it can be said to be the best in the world and invincible in the world!
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