In Tokyo, even the most fierce dragon is afraid of the hatchet
Page 575
It is also valuable.
Even if he does not produce anything, as long as he is alive he will consume, and this is his economic value.
So it is true that the Kobe earthquake brought shocks to the Japanese economy, but now the Japanese cabinet is investing heavily in reconstruction, which is bound to bring about a recovery in the economy.
really.
Just as Nick Leeson expected.
The following week.
The Japanese stock market has risen, with stocks of real estate and infrastructure companies seeing significant gains.
Coupled with the monetary easing policy of interest rate cuts, the Nikkei rebounded by six percent in the half month after the Kobe earthquake.
At this moment.
Keio University Hospital.
Nao Nagano leaned on the hospital bed and listened to Shinichi Mito report on his recent work.
The situation is quite bad.
Because the earthquake occurred in the Kansai region, which is Sanwa’s base, many companies within the consortium suffered heavy losses.
Especially the two major groups, Hanshin and Hankyu.
Because the railway was overturned, it was out of service for half a month. Both the reconstruction and direct losses were astronomical.
But after hearing the news.
Nagano Nao couldn’t help laughing.
Hankyu has always been indirectly controlled by Sakurako Ikeda, and has no chance to integrate Hanshin.
Now this is a great opportunity for integration that is simply delivered to our doorstep.
“At this critical moment, Mito-kun, please take over Hanshin. Only by integrating Hanshin and Hankyu can we rebuild the economy in the shortest possible time.”
“Hayi!”
The day.
All-in-one insurance funds under Union Group swept through Hanshin shares.
In just one day, they bought 5 percent of the shares. According to securities rules, this share ratio is considered a hostile takeover.
Hanshin Shrine President Oshihara held a press conference.
He cursed Almighty Insurance as a barbarian who had no idea about business and said that if it controlled Hanshin, it would only bring disaster to Hanshin.
But what’s interesting is that.
Hanshin cursed the barbarians for invading.
However, shareholders angrily scolded Prince Ishihara as incompetent and useless.
During the years he has been president, Hanshin’s stock price has remained largely unchanged. Now someone is trying to raise the stock price so that everyone can make some money, but this jerk doesn’t want everyone to make money. He is so despicable.
Outside discussion.
Nagano Nao didn’t take it seriously.
They have also set their sights on Sekisui Chemical’s industry.
The earthquake caused explosions at several Sekisui Chemical plants, and a five-year oil purchase contract expired.
There were only two choices before Sekisui: borrow money from Sanwa Bank or renew the contract with Naoio Nagano.
The conditions for renewal are.
Give up thirty percent of the shares.
However, Sanhe Bank is now in a desperate situation. All banks have suffered heavy losses due to the earthquake, and it can only watch Youlian acquire Sekisui Chemical.
However, Nagano Nao was not wiped out.
Taking into account the brotherly relationship, Toyo Shinkin Bank and Sanwa Bank, both subsidiaries of UFJ, jointly invested to establish Sanwa UFJ.
Brothers who had become enemies suddenly became best brothers again.
2 month 1 number.
Several Japanese ministers came to visit.
After listening to the work report.
Nao Nagano immediately issued an order to sell the stock shares held by the company fund and tried his best to suppress all listed companies in the Kansai region.
The ministers present were bewildered by this instruction.
But now Nagano Naoio is the real powerful person in the company, and no one dares to refute him.
Almost at the same time.
All major banking institutions also sold off their chips.
Half a month after the earthquake, the Nikkei suddenly plummeted, falling by 20% in just one week.
Singapore.
Nick Leeson was stunned when he saw the loss of 6 billion US dollars in his account.
He just couldn’t understand it.
Why is the stock market falling into such a bearish state even though the Bank of Japan is cutting interest rates, easing monetary policy, and investing massive amounts of money in Kobe’s reconstruction?
Poor guy never realized.
Japan’s real estate has financial attributes and is equivalent to a reservoir of monetary policy. The same is true for the stock market. Both are tools of Japan’s money market, used as a buffer zone to accommodate monetary easing.
At that time.
The yen was forced to appreciate.
Naturally, it is necessary to push up real estate and stock markets to prevent inflation from affecting people’s lives.
But Japan has always been very clear that the foundation of its country is manufacturing. Now that the US dollar is strongly raising interest rates, the purpose of Japan’s interest rate cut is to devalue and restore export trade. Naturally, it has to squeeze all the water out and let it flow into the market.
This way.
It would be strange if the stock market didn’t fall sharply.
Faced with losses in the account that exceed the unbearable range.
Li Sen didn’t even have time to close his positions in his account and boarded a fleeing plane with his subordinates.
Until Barings Bank discovered something was wrong.
The account has lost $110 million.
This ancient bank, which had been serving the royal family for a hundred years, was bankrupted by traders in just one month.
Next.
The US dollar once again strongly raised interest rates by 100 basis points.
Such a large-scale interest rate hike has begun to have a significant blood-sucking effect on global capital.
Massive capital inflows into the United States pushed the dollar up by 100 basis points.
However, Japan cut interest rates again, as low as 1%. A large amount of funds flowed out of the market from banks, causing the yen to depreciate to 126:.
this day.
Because the semiconductor company jointly developed by Sony and Samsung has started construction.
As one of the shareholders, Nao Nagano brought his family on this trip and visited scenic spots in South Korea.
Little Japan’s clothes.
You can be recognized wherever you go.
A guy looked at the little Japanese and laughed deliberately: “Dude, do you know? Japan is going to be finished soon. The yen has depreciated to 126. It is estimated that it will soon lose its position as the second largest economy!”
“How can a country like Japan be a rival to the Republic of Korea? In ten years at most, Japan will decline into a developing country, and Korea will become the only developed country in Asia.”
In order to deliberately provoke Nagano Nao and his group of little Japanese.
Several Koreans were speaking English, laughing.
The people with Naoto Nao looked very strange. They looked at each other and someone muttered, “Are these guys idiots? Don’t they understand that their end is coming?”
“The overall educational level in South Korea is low, and it is difficult for people to go out and see the outside world, so they are probably no different from frogs in a well!”
“Even so, working six days a week and earning that little, where does the confidence come from?”
this problem.
Nagano Nao didn’t know how to answer.
South Korea still has a six-day work week.
One of our requests for investing this time is that we hope South Korea will protect the rights of workers and promote the global five-day, eight-hour work week.
But these Koreans are laughing at themselves, and I don’t know what’s going on in their minds.
perhaps.
There are no such stupid creatures in the animal kingdom!
He shook his head secretly.
Standing at today’s height, he has long known that with Japan’s technological level, once the yen depreciates, what kind of terrible suppression will be brought to Asia.
Combined with the US dollar’s blood-sucking of financial assets.
This will be the most horrific plunder and invasion in modern times…
……
1996 years.
The US dollar has stopped raising interest rates, but the strong bulls of the US dollar have become prominent, moving from 79 to a strong high of 111 points.
The Japanese yen is still falling, especially with the sluggish stock market and the continued decline in real estate. A property in Tokyo has depreciated to the price of a pair of leather shoes.
Even worse is that in Tokyo’s 23 wards, a large number of properties have become junk, and countless investors are facing overdue payments and bank accountability. Even if they have paid off the mortgage for many years, they will still be in debt if they sell it.