I Became Park Jeong-ui’s Nephew - Chapter 35



Only Krnovel

He became Park Jeong-ui’s nephew. – (35)

“Your Majesty, a guest has arrived.”

“Tell them to come in.”

“yes.”

This is the government building of the Republic of Korea,

I gathered the business people together.

In the United States, corporate mergers are currently taking place actively, and the U.S. government has not only lowered corporate taxes but also loosened limits on bank lending.

The loan limit is ‘as much as you want’,

An incident occurred where a home appliance company acquired Temco Aviation.

Temco Aviation is a company that produced missiles and fighter jets during World War II. Even if a consumer electronics company has a lot of money, does it make sense to acquire a company that produces military supplies?

But in modern America, this is possible.

Korea is not free from the storm either, and the Korean government plans to nationalize the land and launch a rental business.

Since the government cannot build buildings, companies will have to lease land from the government to carry out business. Then, where will the investment money come from?

It would be good if American capitalists invested, but this is not a problem that can be easily thought of.

First of all, from 1913 until around the 1950s, global real estate prices barely rose.

Only about 40% of Americans own their own homes, but the market has begun to move little by little since the U.S. announced its real estate policy.

“Give me a loan using my house as collateral, and if the bank goes bankrupt, the government will pay the loss.”

When the government provided a guarantee, banks provided long-term loans of 20 to 30 years using houses as collateral.

As monthly interest payments decreased, Americans could purchase homes without financial burden, and since they could also obtain bank loans using their homes as collateral, homes themselves began to emerge as an investment product.

This is the real reason why real estate prices started to rise after 1950.

But behind it all, there is a dark side to American society.

“I want to have a house too.”

“Where do you live?”

“It’s on the outskirts of town.”

“Then you cannot get a loan.”

The U.S. government restricted lending based on where you lived – whether you were a person of color or not.

What kind of loan would a country bumpkin living on the outskirts of the city get?

Moreover, it was impossible for a black person to own a home, and in this way, real estate in America became an asset owned only by white people in the inner cities.

This is the real reason why the economic gap between whites and blacks has widened.

Isn’t it strange that white people can’t make money when they can lend money almost without limit and the maturity date is 20-30 years?

But because that was impossible for black people, an insurmountable gap emerged.

So will Korea follow that path too?

I nationalized the land and started a rental housing business not simply to provide convenience to businesses.

If we set a different starting line based on race, as we do in the United States, we will face a huge backlash in the form of a widening gap between the rich and the poor and social conflict.

I’m doing this to draw that starting line equally,

I made that clear to business people too.

“Real estate should not be a means of speculation. Everyone born in this country should have their own home without discrimination.”

“But, Your Excellency, American capitalists laugh at this policy as being no different from communism.”

“Yes. If we want to receive investment funds, we need to relax the restrictions a bit more….”

“No. I guarantee you that America will pay a huge social cost for this problem in the future. Banks will fail, streets will be filled with beggars, and riots will follow. Just wait and see. In ten years, we will have the answer.”

The businessmen looked incredulous.

Right now in the US, citizens and entrepreneurs alike are borrowing money from banks to buy houses and make investments.

Korean companies will also want to get swept up in that trend and have a debt feast.

But I am a person who cannot stand to see that, in the end, debt is just debt.

Of course, it is impossible to run a business without any debt, but the government provides some guarantees.

***

“Is Korea finally going its own way?”

“Yes, it seems like he is not just a follower of the United States.”

“Hmm~.”

This is the Soviet Union,

Secretary General Khrushchev of the Communist Party kept a close eye on the situation in Korea.

Thanks to pro-business policies, the United States is currently busy feasting on debt for both corporations and ordinary citizens.

This is the ugly side of capitalism. Americans, who do business and buy houses on debt, why do they laugh at the poor?

As soon as Khrushchev came to power, he pursued a liberal, pro-Western policy, but he was unable to completely abandon communism because of the ugly aspects of capitalism.

No matter what anyone says, the ideology that can build an ideal world is communism.

The Soviet Union did not completely give up on expanding communism.

Because the power of the United States is so great, it is only a matter of taking a breather.

In this situation, the rumor that Korea was nationalizing land and providing rental housing to its citizens was very welcome news to the Soviet Union.

It wouldn’t hurt to get a little closer to Korea, right?

Khrushchev offered to speak to the Korean government.

Of course, they cannot engage in direct dialogue because they have to watch the mood of the United States, so they put forward North Korea as a shield.

North and South Korea shared common roots, and the Soviet Union concluded that reconciling the two countries would allow it to exert influence over the Korean Peninsula.

***

“Are you telling us to come to terms with the South Korean puppet government?”

“Yes, this is Secretary Khrushchev’s directive.”

“Okay, I will persuade Comrade Kim Il Sung.”

This is North Korea, and Pak Hwon-yong, the Secretary General of the Communist Party of Korea, received secret orders from the Soviet Union.

Park Hwon-young’s ultimate goal is to communize the Korean Peninsula and make Korea a part of the Soviet Union.

The problem was that he was too weak to realize that dream, and Kim Il-sung gained Stalin’s trust and took over North Korea.

On the other hand, Park Hwon-young’s power base was in South Korea, but that base collapsed due to the harsh oppression of the South Korean government.

In this situation, what could Park Hyeon-yeong do to turn the situation around?

Borrowing the power of the Soviet Union, Khrushchev, who had seized power in the Soviet Union at the time, gave instructions to begin talks with the South Korean government.

A golden opportunity to seize control of the North Korean regime,

Park Hwon-young proposed to bypass Kim Il-sung and speak directly to the South Korean government.

‘How dare this kid ignore me?’

Of course, this action provoked Kim Il-sung’s group.

Kim Il-sung’s power base was Stalin’s support, and with Stalin’s death, Kim Il-sung’s prestige was greatly shaken.

How unstable it must be when a revisionist like Khrushchev comes to power.

However, it was unimaginable that Park Hwon-young would negotiate alone with South Korea, and Kim Il-sung also sent someone to South Korea separately.

Whose hand will the South Korean government join?

The wave that Khrushchev created grew into a tidal wave that swept across the Korean Peninsula.

***

“Your Majesty, I see people in North Korea.”

“Again? What’s going on this time?”

“They want to discuss the unification issue. It’s the same as before.”

Today, as the routine continues, I received a report from the Chief Secretary.

Is it really necessary to send the same content over and over again?

I realized why this was happening, but I greeted the guest calmly.

“Your Excellency, I am Kim Su-kyung, a member of the Politburo of the People’s Republic of Korea. It is an honor to meet you.”

“Yes, it’s nice to meet you. But… what brings you here?”

“Our Chairman Kim Il Sung does not want to fight with South Korea. And isn’t it a national tragedy that this country is divided according to the logic of the great powers? He said that we should meet with Your Excellency soon to discuss the establishment of a unified republic.”

I smiled awkwardly.

You have to lie with your mouth shut, do you think that idiot Kim Il-sung really wants unification?

I brought up a conversation that made him feel uncomfortable.

“That’s fortunate. Secretary General Park Hwon-young of the Workers’ Party of Korea also conveyed his intention to discuss unification.”

“Are you talking about Comrade Park Hwon-young?”

“Yes, you knew that, didn’t you? You said that a secret order came down from the Soviet Union?”

“That guy is trying to hand this country over to the Soviet Union. You must never join hands with him.”

The expected reaction,

Of course, I have no intention of getting involved in the power struggle between the two.

It just confirms that the Soviet Union is interested in Korea, so what do I gain from getting caught up in these scumbags’ power struggle?

Park Hwon-young and Kim Il-sung both rejected the hands that were extended to them.

“The unification of Korea is something that cannot be done without the consent of the Soviet Union and the United States. I am not unaware of Chairman Kim Il-sung’s desire for national unification, but aren’t there practical issues?”

“Ah… but Your Majesty, national unification is a problem that we must solve with our own hands. If we are swayed by the logic of the great powers, unification will never be achieved.”

“I’m not saying that we shouldn’t unify, but that we should solve practical problems first. We need to get permission from the major powers first. If we make an agreement among ourselves, will the US and the Soviet Union accept it?”

When I came out like this, the North Korean scum lost their presence.

Neither the Soviet Union nor the United States wants a South-North Korea-led unification.

I just want the Korean Peninsula to remain a neutral zone between the US and the Soviet Union, so I made it clear that I must first obtain permission from the Soviet Union and the US.

How would the Soviet Union and the United States react to this?

Khrushchev openly supported Korean unification.

“The Korean Peninsula should not be swayed by the logic of the great powers. The problems of Korea should be solved by the Korean people.”

This shouldn’t be taken at face value.

What does it mean to say that we should not be swayed by the logic of the great powers?

The US meant not to interfere in the Korean Peninsula issue, and the US government, which was at a loss, bit its lip.

While outwardly supporting the unification of the Korean Peninsula, behind the scenes they worked behind the scenes to check the Soviet Union.

“The communists are now plotting to devour the Korean peninsula. Mr. President, do not listen to them.”

“I know. Korea is America’s ally forever. I just acted to the tune of the communists.”

When I waggled my tail, America brought me unsolicited aid.

The United States, which is stimulating its economy by borrowing money, couldn’t it also lend dollars to its allies? It lent them a whopping 50 million dollars, saying it would use the money for economic development.

It is perfectly possible to have a debt feast with American money,

The rental housing business, which had been at a standstill for a while, is picking up speed.

As the highway construction project gained momentum, National Road No. 1 connecting Seoul and Daejeon was completed in just one year since groundbreaking.

As the roads were improved and industry and distribution became more active, American capitalists who had been watching the situation also jumped in hastily.

Korea is a country that cannot make money from real estate, but if the US government continues to support it, it will inevitably develop.

With American capital pouring in, the country recorded an economic growth rate of 22% this year.

On the other hand, North Korea is struggling with a power struggle between a rat that is watching the Soviet Union and a pig that is desperate to protect its own rice bowl.

The gap between the two countries only widened over time.

‘Okay, just stay put. We’re not interested.’

I was a complete bystander to the power struggle taking place in North Korea.

Intervening needlessly would only result in suspicion from the Soviet Union and the United States, so South Korea maintained its position that eating tomorrow was more important than national unification.

As a result, the unification issue is being dragged along by the logic of the great powers.

No one listened to North Korea’s call for national unification.