People Are In Tokyo, and the Peerless Raptors Are Also Afraid of Hatchets - Chapter 426
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- People Are In Tokyo, and the Peerless Raptors Are Also Afraid of Hatchets
- Chapter 426 - Prelude to the Financial Crisis
that night.
The British Finance Minister held a press conference.
Heavy announcement.
Sterling defenders fail.
The UK will withdraw from the ERM community.
It’s a day of bear spree.
on the newspaper.
Front-page headlines featured a photo of the bearish figure Soros.
This hedge fund mogul, wine in hand, captioned: Sterling plummets, I made a billion!
three months later.
The end of the year has come again.
Tokyo.
Said life insurance.
Naoo Nagano stands at the propaganda stand.
He took the seal of the vice president that was handed over by the Airborne Chairman of the Ministry of Tibet, and bowed to express his gratitude.
And the other side.
Then he bowed ninety degrees to show his respect and gratitude.
No one is dissatisfied with Naoo Naoo being the vice president and the president of the Kansai branch at this age.
Sterling battle.
According to World Bank estimates.
The Bank of England lost around £4 billion.
But no one counts, and some young Brits have been blown out to defend their long positions in the pound.
do not know.
invisible.
Have not heard.
is the truest picture.
So how much money ordinary people lose is a mystery.
And in Asia.
There is another bank worse than the Bank of England.
The Bank of Malaya believed in the great determination of the UK to defend the pound, and invested US$24 billion in long sterling spot and futures.
Because the leverage is too large.
Bank Malaya suffered a loss of more than US$16 billion.
Be the biggest loser of the pound defenders this time around.
It is for these reasons.
Naoo Nagano broke the convention and was recognized by everyone as the vice president.
Because without buying and selling, there is no killing.
Without longs, there is no shorts, the rules of the game of risk and wealth swap, the more longs lose, the more shorts make.
Although, the newspapers are everywhere saying that Soros made a billion dollars and is the biggest winner.
Still, no one said Goldman Sachs made $4 billion.
Japan Life Insurance also made $4 billion.
This year.
European currency markets were volatile.
Capital has left the country in large numbers because of the drastic changes in the exchange rate.
This year.
Japan’s overseas strategic investment continues to expand, and Toyota, Honda, and Nissan have all started production in the UK.
Also this year.
East Asian countries have sensed that European capital and Japanese capital have left their homeland, and they have increased the internationalization of the financial market, and they all want to attract more investment.
Thailand was the first to announce.
The establishment of an offshore financial center, as well as a combination of preferential policies such as tax-free policies, will attract foreign investment to come and start production.
at the same time.
BOT announced publicly.
Thailand will make every effort to build an Asian financial center and become a complete market for free trade.
almost simultaneously.
Indonesia, Malaysia, and the Philippines have launched market liberalization and financial market reform, and launched various preferential policies.
by cheap labor.
The front page of the Wall Street Journal — the Asian miracle, is rising at an unbelievable rate.
In today’s recession in Europe, the rise of the Four Little Tigers is most expected to become a developed country in the new generation of Asia.
And this year.
Naoo Nagano closed the short position in sterling, made a profit of one billion pounds, and injected it into the Youlian Group.
day to day.
Before you know it, the Spring Festival is approaching.
Kaibu Oko gave birth to a son, and was given the broken name of Nakamura Dalang by Kaibu Toshiki. Naoko Nagano wanted to change his name very much.
But it can’t reach Haibu’s wish to fight for the eldest son for his niece, so he can only love it.
the other side.
Both Liyuan Kazuko and Hattori Kyoko gave birth to daughters, but they don’t have the heart to rob Dalang or Jiro.
It is the woman Ikeda Sakurako is quite unreasonable, who has received both daughters under her name, but does not allow Naoo Nagano to go further.
Under the night.
Finished the day’s work.
Nao Nao Nao quietly sneaked into Ikeda Sakurako’s room, and tiptoed his steps, wanting to come to an overlord to force his bow.
However, the woman on the floor opened her eyes silently.
A pair of bright eyes reflected strange colors in the starlight.
Naoo Nagano stood there on the spot.
However, Sakurako Ikeda pressed the light and said calmly, “Straight man, you are such a man! There are already so many women and you still want to blame me. Your males’ instinct to **** genetic genes is really despicable. .”
“What! I’m just worried that the weather is too cold tonight, come and see if your quilt is well covered!” Naoo Nagano denied it, his shameless attitude was completely invincible.
Ikeda Sakurako did not listen to his explanation, but asked earnestly: “Brother, have you ever thought about a question, under my skin is a man’s soul?!”
A brother.
The man named Nao Nao was numb.
Suddenly, there was a chill, and I was terrified, and I couldn’t hold back.
Seeing his sour face, Ikeda Sakurako couldn’t hold back her smile, she threw a wink and lifted half of the yukata on her body.
The sore teeth and chills in my heart just now miraculously disappeared.
Naoto Nagano roared loudly, no matter what brother or not, he wanted to push this hateful brother down when he went up.
pity.
Brother’s martial arts is too strong.
Finally, I called Ikeda Xiaoye for help.
The poor Nagano Naoko was raped by the leaflet.
I lost hundreds of millions, and I feel that my fate is so bleak. Powerless to look at the smallpox, I just want to find someone to talk about life and ideals.
Don’t say it yet.
Sometimes it really comes true.
Naoo Nagano just had this idea when the phone on the table suddenly rang.
Don’t say it yet.
Sony has never lost on innovation.
Because of providing funds for Sony to invest in South Korea’s Samsung, Naoo Nagano, the shareholder representative, got a small high-tech toy.
A fake $36,000 phone.
The delicate touch screen is only the size of a palm, and in terms of feel and design, except for the system, it is no different from the later mobile phones.
certainly.
You can’t sell this stuff.
That is, I got some suggestions from Naoo Nagano, a gadget specially customized for him.
“Hello, I’m Naoto Nagano.”
“Nagano-kun, it’s me, Suzuki!”
The call is connected.
On the opposite side came the voice of former classmate Hiro Suzuki. The other party was very hesitant. After Naoto Nagano asked, he said that he wanted to ask Naoo Nagano for some help, but it was inconvenient to talk on the phone. He hoped to meet and chat.
with curiosity.
Naoo Nagano put on his clothes and came to the agreed cooking house.
Suzuki Kuan had a frustrated look turned green by his wife, and after drinking a few glasses of wine, he poured out his bitterness.
Before the Assets Publicity Act, civil servants were still relatively popular jobs, with some gray income every year, so at that time, Suzuki Kuan bought a lot of real estate, borrowed and invested.
However, after the promotion of the property publicity law, in order to keep these industries, Suzuki had to resign, but the house price fell too hard. The most disgusting thing is that after the introduction of the property tax, the house has to be paid every year.
Eyes open, the house fell from 1,600,000 to 1,000,000, 600,000, and then 300,000.
every time.
The Suzuki models wanted to sell the house, but they felt so much pain all the time, thinking that they should bounce back and then talk about it.
And now.
Residential has never bounced back.
In the 23 wards of Tokyo, housing prices in several wards have fallen to 100,000 folds.
“Nagano-kun, you say this is too outrageous!”
“100,000 stacks, even the labor and cost of building a house are not enough.”
“Besides. We say that the area is vast and sparsely populated, there are many mountains, and the living area is small. How could it have fallen to this point?”
“What’s more, when I didn’t buy a house, I didn’t collect property tax, and now I collect tax every year. Do you want to eat all the bones of us cows and horses?”
this problem.
Nao Nao Nao, who asked, didn’t know how to answer.
Seriously speaking.
If it weren’t for the house not being sold.
How is it possible to collect property tax!
After all, those guys who haven’t bought a house yet are very cunning, and it’s not easy to cheat their money.
But obviously, the high school classmate in front of him still doesn’t understand this simple truth.
“This…isn’t something I can do! Do you need any help from Suzuki-kun?”
“It’s really humiliating to talk about this… but I can’t help it!”
See old classmates hesitating.
I don’t know if the red face is drunk or ashamed.
Nao Nao Nao was very sympathetic and said, “Do you need to borrow money? It doesn’t matter, everyone is a classmate. If you can help, I will definitely help.”
“Nagano-kun misunderstood, it’s not borrowing money! Thank you very much for your kindness, but I want to give you the house, can you think?”
“Give it to me?”
Naoo Nagano was stunned for a moment, but he didn’t expect the other party to say that.
Suzuki smiled bitterly: “There’s nothing I can do. I have to repay the loan every month. Although my current income is not bad, it’s really unbearable with the property tax.”
“Then didn’t you lose all of your previous investment? There are a lot of down payments and loans that have been repaid in the past few years!”
“What can be done? If the mortgage is cut off due to overdue, the bank will freeze the assets for auction, but even if the properties are sold, they still owe the bank a lot of money! It may not be able to pay off in this life. “
“I Have a Scroll of Ghosts and Gods”
Unlucky child!
Naoto Nagano shook his head secretly: “Everything will be fine. If you really want to deal with it, I will help you find a way.”
“Thank you so much Nagano-kun!”
This kind of thing.
For the status of Japan’s life insurance.
It’s too easy to solve.
Came to the club the next day.
Naoo Nagano asked people to draft a public welfare low-rent housing buyback plan.
To put it simply, it is to let the club take down these houses, renovate them and rent them to those who need to receive unemployment benefits.
But the little things are done.
Suddenly a heavy news caused turmoil in the global financial market.
this day.
February 14, 1994.
The U.S. Federal Reserve raised its benchmark interest rate to 3.25% from 3%.
Like an invisible king’s sword lit up, the Italian lira, which has been stable for a year, fell sharply again, and the Finnish mark also experienced a sharp fall again.
Japan, Tokyo.
The annual annual meeting of the financial circles and economic unions was held.
“In these three years.”
“The plan for a soft landing of the economy has initially achieved the desired effect.”
“But judging from the data from the Price Department, residents’ consumption tends to be conservative, and there may be stagflation or even deflation in the long run.”
“Now the Fed is initially testing interest rate hikes, and it is expected to launch a strong interest rate hike cycle. Do you think this is a good opportunity?”
“…”
This is over.
The cadres of the various clubs in the room were whispering to each other.
The underwriting of government bonds breaks the Bank of Japan’s ban on purchases of government bonds.
A lot of money has flowed into the bond market, and inflation has not only stabilized, but prices have also begun to fall.
on the other hand.
Because of the collection of property tax, the real estate has fallen to a terrible level, so the front house has plummeted, the tertiary industry has been well developed, and the inflation has stabilized within a very ideal expectation.
Moreover, prices are relatively lower than in previous years.
This cabinet has been well-received.
But once people are not stressed, it will be a very scary thing. The whole time in Japan seems to slow down. The fertility rate is only slowing down and falling, but it does not look better.
To make matters worse, deflation seems to have become everyday life, and many department store markets frequently advertise in order to stimulate consumption.
But the consequence of the propaganda is that many people go to scoop the wool, forget it without spending money, and do nothing every day, just line up to receive shopping coupons.
Eggs sent out.
was taken.
Nothing was sold.
The benefits for the shareholders were taken, and they were eaten and drunk, but they had no temper at all.
Hearing the discussion of the cadres present, Naoo Nagano said: “This kind of behavior that obviously exploits loopholes, you can ask the Metropolitan Police Department to arrest them!”
“Nani?”
The surrounding business cadres couldn’t believe what they heard.
He stared at Naoko Nagano in shock.
“Why are you looking at me like that? Isn’t that a good offer?”
“Nagano-kun, don’t make such a joke. The law does not prohibit that loopholes cannot be exploited. It is the company’s own commitment, so why arrest people.”
“So what are you talking about? At this time, it is of course more suitable to cut interest rates to stimulate the economy!” Naoo Nagano immediately changed his attitude when he saw that the style of the painting was wrong.
No one knew that this guy just switched to a habitual way of thinking, so he said excitedly: “Yeah! After waiting for three years, I finally waited until today! If we cut interest rates, we can definitely get more market share!”
“starting today.”
“Asia will belong to our Yamato nation!”
“…”
the same day.
After some discussion.
The financial community has determined the next strategic expansion overseas, while the central bank has also begun a temporary delay in government bond investment and lowered interest rates by 50 basis points.
As soon as the news came out.
The yen depreciated directly from the price of $78.48 to 79.55.
The dollar rose directly from 81 to 82.38.
There is nothing more disgusting than a simultaneous rate hike in the U.S. and a rate cut in Japan.
Because according to the income ratio of emerging market countries, there is a double gap in interest rate income.
For example.
The annual return of the Thai baht in the bank needs to be 8% to equal the 4% of the return of the U.S. dollar.
This income ratio is determined by the safety of the largest currency of the US dollar, so once the US dollar raises interest rates, it will lead to the inflow of global capital into the United States.
Japan, as an import and export trade country with a manufacturing country, has automation capabilities and technological advantages that are unmatched by any country in Asia.
The long-term appreciation of the yen over the years has led to low-tech industries being forced to give up because of their low profits, giving emerging market countries opportunities to develop, and allowing the Four Little Tigers to rise by relying on cheap labor.
But once the yen depreciates, it will become a competition between automation and cheap labor.
meeting dismiss.
Nao Nao Nagano rushed to the Japan Health Insurance Headquarters as soon as possible.
in his position today.
What news is in his eyes, he can already see the changes in the next ten years.
This is the most powerful era in America.
Emerging market countries have to face both the US dollar interest rate hike and the dimensionality reduction blow from Japan’s automation and high-tech technology.
The market has been gradually eroded ~www.mtlnovel.com~ The share of trade exports has been robbed by cheap Japanese products, the trade surplus has turned into a deficit, and foreign exchange earnings will also decline at the same time. This is the inevitable result.
Ida Yoko is about to enter the Ministry of Health and Welfare, and Yuan Guangrong has reached the retirement age. Although the name of the president is hanging, his power is gradually ceding.
Naoo Naoo, the peerless Menglong, naturally became the real power controller of personnel replacement.
This guy immediately held a meeting and issued the first order that actually represented the highest power of Japan’s Shengbao as the vice president.
“Omura-kun!”
“Next, if unexpected, Thailand will raise interest rates to combat capital outflows.”
“And the BOJ has decided to cut rates in response to the U.S. rate cut.”
“So, be prepared to carry out a carry trade in the yen and the baht and take a short position in the Thai stock market.”
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