Rebirth of the Financial Overlord

Chapter 91: Conductivity

   How strong was the neon in 1991?

   is very strong, No. 1 in the world.

   The per capita GDP exceeds that of the United States, which accounts for 13% of the world’s total GDP.

  Easy monetary policy promotes abnormally sufficient currency liquidity. Note that it is abnormally sufficient rather than generally sufficient. There are too many Japanese yen, which is flooded, and the Japanese yen is still a strong currency in the foreign exchange market.

   Such a yen has surpassed the US dollar to become the largest reserve currency in various countries.

  What is the dollar?

   is the core factor for the United States to be the number one power.

   Now, it is replaced by the yen.

   Is this a good thing?

   It is a good thing if it is a superpower like the United States, but for neon... it loses its status as an enemy of the world, it is no different from being grilled in a crater.

   Tokyo, Central Office of the Ministry of Finance.

   Kazue Yasuno looked at the report in his hand and closed his eyes weakly.

The situation in Siberia is out of control, and now we must make the final choice, we must reduce the amount of yen in the market, otherwise...Ichijo Yasuno misses the years when he was young, and waits for him to open it again Eyes, yellow eyes full of determination.

   5.17.

  The Ministry of Finance decided to lower the mortgage ratio by 75%.

   Public execution.

   When the major media received the news, the whole neon was boiling.

   Even people who don’t understand economics know what this means. Seventy-five percent is almost equal to stopping housing loans.

   On the streets of Tokyo, Umegawa was feeling cold with the newspaper in his hand.

   He knew he was finished.

  Restricting housing loans is tantamount to cutting off the source of funds flowing into the real estate. Without the continuous blood supply of funds, how can house prices rise?

   No, it's not that it won't rise.

   will crash.

   Without the capital support of the bank, who can afford the current housing prices.

   As if going crazy, Umegawa ran towards the house trading agency.

   Sell, sell.

   I want to sell my house as soon as possible, at all costs.

   As stated in "The Crowd", people's IQ in the group will be greatly reduced, so the economic upward or downward fluctuations will inevitably have a herd effect, and the final result is overcorrection.

   When one realizes that house prices are going to fall, countless people realize that house prices will fall.

   When a person thinks of selling a house, everyone thinks of selling a house.

   Tokyo, Osaka...

   All the people who received the news rushed to the real estate transaction agency like crazy.

   Sell, sell the house in your hand as soon as possible.

   cursing, praying...Under the unique belief of neon, the gods and ghosts all over the sky are being chanted.

   Chuo-ku, Tokyo, Anji also housing agency.

   Dense crowds surrounded the door of the housing agency. There were successful people in suits and shoes, working-class people in work clothes, and market vendors who had no time to change their shoes and aprons.

   People have forgotten modesty, etiquette, and the education they have received since childhood. They are full of panic that they have never experienced before an earthquake.

   Sell, only if you sell your current house can you survive, otherwise there will be nothing waiting for you.

   Outside the crowd, looking at the dense crowd that couldn't be squeezed through, Umekawa sank to the bottom with his heart.

   The only reason told him that with so many people selling the house together, no one would care about the house, even if it was a discount and then a discount, no one would care.

   "Escape! Fang Nujun!"

   "Escape! Don't let the mortgage break your waist."

   Umegawa slumped to the ground with a cool unconscious smile.

   Once, he even satirized the common people who were not even worthy of house slaves, but now...

   The market is conductive. When a problem occurs in one market, its transmission mechanism will transmit the crisis to another market.

From 1955 to 1990, Neon’s stock price rose a hundredfold. At its peak in December 1989, the market value of Neon’s stock totaled US$4 trillion. This market value was one of the total market value of the US stock Dow Jones and Nasdaq. Point five times.

How crazy is   ?

   is close to 45% of the total market value of the global capital market.

   As the stock market rises, a large number of companies can complete financing in the stock market, and their demand for banks is getting smaller and smaller. But this is very detrimental to the bank, the bank's assessment is the loan interest rate.

   Then small and medium-sized enterprises and individual enterprises have naturally become their target customers.

  Banks are an integral part of the capital market. As a source of capital, considering the quality of customers is naturally the first choice. If you want to get a loan, it is always a luxury.

  Real estate developers are naturally the largest and best customers of banks.

   From 1956 to 1986, the price of neon land increased fifty times, and the price increase only quadrupled. This means that there is no more hard-core company than real estate developers, and no more hard-core high-quality customers than people with houses.

   So, from 1985 to 1989, Neon Bank's loan scale expanded by 43%, of which the real estate loan doubled.

  According to the statistics of the Ministry of Finance, the inflow of real estate funds is 120 trillion yen, half of which comes from banks. In 1991, Neon’s GDP was only 462 trillion yen.

   This is the theoretical logic of market transmission mechanism.

   Osaka.

   "BOSS. Today's newspaper!"

   As soon as he arrived at the company, William rushed to Shen Jiannan's office with a newspaper.

   "Yomiuri Shimbun", Neon's largest newspaper.

   headlines.

   Ichiju Yasuno's photo.

  Content, in order to curb speculators’ hype to stabilize the economy, the Ministry of Finance decided to lower the mortgage ratio by 75%...

  After reading the newspaper, even Shen Jiannan's indifferent heart couldn't help but feel happy.

   After waiting so many days, the time to come is finally here.

   However, the boy couldn't see it at all on his face, so he handed back the newspaper to William. He said lightly ~www.readwn.com~ Seeing you are excited. What a big deal! "

   William blinked, the unimaginable excitement made him a little confused for a while, and after a while, he was excited.

   "Boss, do you see clearly, the Ministry of Tibet decided to lower the mortgage ratio by 75%!"

   "You don't know."

   "This is different, this is public..."

   William did not finish what he said, so how can Shen Jiannan not understand what this means based on his understanding of the market.

   An uncontrollable awe spontaneously arises.

   is not only the awe of the strong, but also the awe of that heart.

  Tai landslide is in front of him without moving.

   But there are a few people in this world who can really do it.

   In the exchange for so long, William has not seen anyone with more capital than Shen Jiannan. In Neon, there is no shortage of rich people.

   But... No matter it is Mitsui, Mitsubishi, or Friends, there has never been a person like Shen Jiannan who has never reacted to huge wealth.

   Maybe, there will be nothing in this world that can move the boss.

   "BOSS!"

   Tokyo, Stock Exchange.

   On the huge trading screen, a faint fluorescence was reflected, and traders and the surrounding retail traders all stared at the monitors in the central area.

   In the market, there is no longer the hustle and bustle of the past, it is like death, and people's faces are full of despair and hope.

   Everyone can think of what changes such a big news will bring to the market.

   At eight o'clock exactly, the stock market officially opened.

   East Stock Exchange quoted 27,000, gapped 121 points lower.

  

  

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like