[Chapter 772: Desperately Lending Money to the Whole World]
There was a saying in Arica that ant death and taxes were the only certainties in life.
Although the IRS was quite powerful, there were still so matters they couldn't touch. If soone really focused on auditing you, forget about multi-million dollar trust funds; even selling a pair of shoes without reporting it was a non-starter in the U.S.
This presented a paradox: what was up with all the trust companies that William White had set up? Selling a pair of shoes under the table was impossible because once that cow was raised, it had already entered the tax system.
If you wanted to avoid paying taxes, it beca quite challenging. From raising the cattle to slaughtering, then to processing the leather, and finally to production in the shoe factories and retail stores -- there was no way to hide the whole supply chain. If you were worried about overpaying taxes, you could spend fervently, preferably using borrowed money, which would help you minimize your tax paynts.
As for William White, his money had never entered the Arican financial system. That ant, simply put, that cow didn't exist.
Now, so individuals took a keen interest in this situation; anyone would feel furious about it. The U.S. did tax globally, and at so point, it seed likely that William White would find himself in trouble.
The so-called foundation and backdrop were sothing that well-off families had in abundance; that was a consensus in high society. As for the alleged social responsibility, first, you had to have money to talk about such responsibilities.
"Sir, Sumitomo has once again raised your credit loan. Their credit departnt head is very concerned about us paying off early," Filson reported.
"Geez, Filson, what's the situation with the banks? How co they have so much money to throw around?" William White appeared sowhat confused, hadn't it just been said that they had lost two decades? This had practically beco common knowledge over ti.
How had things turned around so quickly? It had been just a few years.
"Sir, we checked their public information. The banks do have high reserves, but they don't have any intention of lending dostically. These export-oriented companies are very cautious with their investnts. They not only lack the intention to increase leverage but are actively looking to decrease it. As for other enterprises, no bank is willing to give out loans, even with real estate and land as collateral."
"Damn, with how confident the banks are in , they're not afraid I'll take a tumble. Well, let's cut back on dostic loans for now."
William White's logic was simple: since they were willing to lend him money, he'd take it. Didn't soone say that the more funds you could borrow, the more reliable your credit was? It was similar to a credit card; you had to keep spending and borrowing for them to increase your limits.
"By the way, Filson, I'll be heading to Asia soon. Co with ."
"Sure, sir."
"Oh, and now there's an airport in the South Bay, no need to take a detour through Hong Kong anymore."
"Sir, you're still going to Hong Kong?"
"Of course! I'll have the Athena head out early. The airport in Hong Kong is terrifying; you won't like it."
Filson had no words to respond to his boss's caution. Of course, the plane reserved for the boss was indeed quite large, and that was undeniable.
...
"President, they have agreed; no early repaynts will be made."
"Great, Tanaka, you've done a good job here in Arica."
"President, are we under a lot of loan pressure?"
"Ah, not really. We're just lacking long-term stable investnts; China has issued far too little in bonds this ti -- only one billion dollars. As for U.S. bonds, we can't invest too much. Diversification is what Chairman ant. Can't put all our eggs in one basket."
"I understand, President. The high-tech companies here in the U.S. are indeed growing quickly."
"Yeah, keep it up. There's no way to lend at ho anymore."
The situation with Sumitomo was not an isolated case. A multitude of banks faced similar issues.
Banks were actually miffed about having too much money on hand; such bizarre occurrences were unique to the world.
...
"Yuto, what's taking so long? Move faster; the boss is arriving in a couple of days, don't let him see the dirty streets."
"I'll speed it up right away."
"By the way, investigate the situation in Osaka; sales growth is too slow."
"Understood, I'm sorry for the concern."
Fujita had been in high spirits lately. With the focus of the Viking Comics shifting towards Japan, his standing in the company was steadily rising.
He was different from others in that he found William White, the Arican boss, to be quite easy to talk to once you got to know him; there wasn't really anything to be afraid of, as long as he completed what the boss had asked.
However, there was a prerequisite: you had to get the job done.
Nowadays, an odd phenonon occurred in Japan; many so-called international companies preferred to hire foreigners. But at Viking Comics, things were different.
Not only did they value capability, but also seniority. It was rather amusing how this Arican comic company was increasingly resembling a traditional Japanese company.
Arican comics simply couldn't compete with Japan's. Besides, Japan had practically no restrictions.
On this point, the U.S. was indeed quite pretentious. It was hard to grasp how they perceived those subtle hints.
...
"Daddy, Daddy, I want to read English version of the comic; I don't want the Japanese one."
"Athena, the standards in the U.S. and Japan are different. The English version is called the international edition while this is the Japanese version."
"Standards? Daddy, what's that?"
"It ans that this comic might give so people unhealthy thoughts. Look, even though it's for adults, this character looks way too young. It's not permissible here in the U.S."
"Really? I don't see anything wrong with it."
"Hahaha, you're an angel, so your eyes are very pure. Actually, these reviews are practically pointless. Your heart is pure, and you can see anything cleanly. Athena, isn't the Japanese language simple? Are you having trouble?"
"No, they just write too much."
William White sighed; the comics from Japan and Arica were completely different styles. By later years, Arican comics had practically turned into illustrated novels. In contrast, Japanese comics seed to want to cram in more visual sound elents.
Seeing the father and daughter exchanging fond glances, Suzuki couldn't help but roll her eyes. Sneaking a look at comics was one thing, but with a dad like him around, she simply couldn't get taught well.
*****
spatreon/Sayonara816.
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