Investor That Can See The Future

Chapter 320

We poured over 2 trillion yen for sale on the option expiration date. The Nikkei index fell vertically like a waterfall.

Along with the stock market, the futures and options markets fluctuated.

Call options and put options were mixed. People who bought put options burst into cheers, and institutions that sold put options roared.

Hyunjoo noona said as if muttering.

“It reminds me of the option shock of 2010.”

“Ah! I thought that too.”

It happened in the Korean stock market, and at the closing price, foreign securities companies poured out their listings and the index plummeted, taking profits with options.

But I guess I’ll do something similar in another country’s stock market.

I nodded.

“History goes round and round.”

As Toyota’s stock price plummeted, it suffered a huge loss in spot selling. However, thanks to foreign hedge funds rushing in and pulling the index down, the pre-purchased futures options hit a jackpot.

Golden Gate also placed bets appropriately without any problems, and OTK Company and Golden Gate took advantage of the stock market crash to earn profits.

On the TV set on one side, the situation in Japan was playing.

Ellie asked.

“What do you think will happen to Prime Minister Okazaki?”

“Um, well.”

It is true that Prime Minister Okazaki fired three arrows and saved the Japanese economy. But why hasn’t this good policy been used by other prime ministers?

This is because of Japan’s astronomical fiscal deficit.

After implementing Okazakinomics, Japan’s fiscal deficit exceeded 1,000 trillion yen. This is more than double Japan’s GDP, and the highest among OECD countries.

No government can sustain such a deficit of this magnitude.

The original plan was to revitalize the economy through financial expansion and fiscal expansion, increase tax revenue by raising the consumption tax, and reduce the fiscal deficit. However, unlike exports, the domestic economy did not recover as much as expected, and the consumption tax hike caused a contraction in consumption.

What would happen if the stock market, which was enjoying a boom, also crashed in this situation? Moreover, this would not have happened if the public pension fund had not entrusted Nishida Securities to monopoly management in the first place.

Someone must be responsible

Hyunjoo noona said while drinking coffee.

“The Japanese government will protest again. What are you going to say?”

Then Taek-gyu answered.

“Can’t we just say that we made a mistake in ordering too?”

“… … .”

History goes round and round.

* * *

Toyota shares were down 36 percent, and the stock market tumbled 8 percent. Meanwhile, the yen rose by nearly 4 percent, making a confirmation kill.

Individual investors were stunned.

Who is the worst person in the world for stockholders?

I am not a lawmaker who commits corruption or a criminal on the news. That’s the guy who’s dropping my stock.

During the bubble economy, when you wake up from sleep, house prices and stocks rise. Everyone packed up money and rushed, but the end was a pile of debt.

Since Japan entered a prolonged recession, people have not even looked at real estate and stocks. Only cash piled up. The bank interest rate was zero, but in a state of deflation, the money actually increased as the value of money rose over time.

At the time of the Great East Japan Earthquake, there was one scene that surprised people all over the world. It was a safe that filled the beach with garbage. Ten thousand yen bills were piled up inside the thousands of safes that were swept away by the tsunami and washed away again.

Since everyone did not invest or consume, the economy could not function properly.

Okazakinomics also included a stock market revitalization policy. It boosted export companies with the low yen and bought stocks by mobilizing public pension funds.

As the company’s profitability improved and investment money flowed in, the stock price naturally soared. There were people all over the place who said they made money by investing in stocks, and individuals who only knew about deposits slowly turned to investing in stocks.

Thanks to this, the number of individual investors in the current Japanese stock market is the highest since 2000.

But overnight, the stock plummeted. Of course, there was bound to be swearing.

-Chick show! How much more do you plan to eat in Japan after Kang Jin-hoo?

– Being beaten by Jo Sen-Jing!

-The stock doesn’t come back, what’s the deal?

-Why do you leave such speculators alone?

– What the hell is the government doing?

-Declare war on your opponent whether it is Korea or the United States!

* * *

Japanese securities firms were in an uproar as they checked the amount to be paid for options on futures. The loss of derivatives also overlapped with the drop in stock prices, resulting in an estimated loss of hundreds of billions of yen.

It is as if the entire Japanese financial industry was hit by a nuclear bomb.

The biggest problem is the public pension fund. The stock market crash further exacerbated the loss of public pension funds. Public pension funds account for 20 percent of equity investment in Japan. In monetary terms, it is 30 trillion yen. In addition to increasing the proportion in accordance with the government policy of revitalizing the domestic stock market, the increase in the stock price was also significant.

Of this, 2.3 trillion yen evaporated due to an order mistake. However, due to the stock market crash, another 3 trillion yen has evaporated. The reason that the loss was greater than the extent of the decline in the index was because the stock price was poorly defended.

More than 5 trillion yen of people’s old-age funds flew away!

-Who will be responsible for the loss of the pension fund?

– What the hell did the government do until it got to this point?

-Without information in the first place, it was impossible for OTK Company to sweep 15 million shares in less than a second.

– No mistake! There must have been a deal!

– What did Nishida Securities do with OTK Company?

– How much did the LDP decide to eat from Kang Jin-hoo? Reveal the truth!

-Who’s in charge?

– Punish Prime Minister Maekukno Okazaki!

-The cabinet ministers are all accomplices!

– What do you mean by trusting people like that to entrust the country? Replace them all!

Japan has traditionally been a bureaucratic society. Politicians are always replaced according to election results, but bureaucrats have always kept their positions.

Unlike South Korea, where the president is elected for a single five-year term, Japan, which is a cabinet system, frequently changes the prime minister. Even Japanese people are confused about who became prime minister and when.

When Okazaki first became prime minister, he thought, like previous prime ministers, that he would not be able to go far. However, he managed to get the Japanese economy out of the recession and became the second long-term prime minister after the war.

Prime Minister Okazaki set up a new personnel bureau in the cabinet, and through this, the incompetent among high-ranking officials was eliminated. In this context, the ‘unqualified’ are, of course, those who go against the will of the HR manager.

Whether it’s a bureaucrat or an entrepreneur, it is natural to pay allegiance to the person who holds the personnel right. When this happened, the bureaucrats unanimously offered their allegiance to the Okazaki Cabinet.

In Japan, there is a saying “sontaku”. It had a good meaning of procrastinating the feelings of others, but it has been changed to mean that the subordinates take care of themselves according to the taste of the superior.

Even if there were no instructions, the bureaucrats acted according to the wishes of their superiors. He manipulated statistics to make the economy look good, and manipulated official documents and meeting records of the Ministry of Finance when allegations of selling state land at a low price.

Then, when a problem arises, the ministers of the Cabinet often withdraw their feet, saying that they did not know and that it was done by themselves.

It was the same this time.

Why did the public pension fund increase domestic stock investment, and why did it entrust it to Nishida Securities? Would Nishida Securities have given such special favors even if it had nothing to do with the prime minister’s wife?

While the mainstream media remained silent, an Internet media outlet focused on the matter. The more I researched, the more suspicions I had.

Nishida Securities, which was exclusively entrusted with management, beating all other leading securities companies, earned huge commission income every year. With the profits thus obtained, a dividend feast was held, and Endomori, the major shareholder, took a huge dividend.

However, the improvement of the work or the recruitment of manpower was not carried out properly. Employees suffered from heavy workloads and overtime, and had to do two or three tasks at the same time. The system to detect abnormal spells was also useless.

It is truly a total mess.

Originally, Japan was a country with stronger principles and regulations than any other country. However, everyone was in a hurry to please their superiors, and this caused the worst financial accident.

When the article went out, all of Japan was outraged.

– How is this different from that the Korean president was the beneficial owner of PAS?

– Does it make sense to entrust people’s old assets to such a third-rate securities company?

-Prime Minister Okazaki should be sent to prison just like the former South Korean president!

-Prime Minister Okazaka asks for the full amount!

– The prime minister’s annual salary is only 40 million yen.

– Work underground for 100,000 years! If you die of old age, pay it back by doing servitude for generations!

-Just do it neatly in the spirit of a samurai.

– No excuses needed, an overwhelming apology! Dogeja on the heated iron plate!

This time, the opposition was not playing either.

Opposition lawmakers criticized the government and again focused on the so-called Aoko scandal.

“Even so, OTK Company, Karos is a complete American automobile company. With the U.S. already sensitive to the auto trade deficit, what was the government thinking of accusing companies of collaborating with GM and Ford?”

“Are there any countermeasures against the US tariffs?”

“The public pension fund is an independent institution that is responsible for people’s old-age assets. But, in fact, isn’t that the move according to the will of the government?”

“Why did you exclude Nomura Securities and only focus on Nishida Securities?”

“The major shareholder of Nishida Securities is Endomori! The prime minister’s father-in-law was the chairman of Endomori, and his brother-in-law is now a director! Are you saying that people should believe in seeing that there is no preferential treatment in such a place?”

“Who made that decision?”

“How the hell did Japanese officials come to this?”

Prime Minister Okazaki did his best to deny the allegations.

“As Prime Minister, I have never given any orders. Also, Nishida Securities is a company that has nothing to do with my wife. I would like to say once again that this incident was caused by foreign speculative capital.”

The finance minister, Matsukata, was also sacked.

“As a result of the investigation, it was confirmed that the investment was made according to the procedure and there were no problems. It was an unavoidable measure for efficient investment and revitalization of the stock market, and there was no preferential treatment.”

The Japanese people were even more outraged at the sight of making excuses without taking responsibility for anyone. Perhaps this time, they thought it was impossible, and even the heavyweights of the Liberal Democratic Party joined in the criticism.

Distrust of the cabinet arose, and Prime Minister Okazaki, who was in a corner, had no choice but to make a decision.

* * *(Read more @ wuxiax.com)

[(Breaking News) Prime Minister Okazaki decides to dissolve the House of Representatives!][(Emergency) Cabinet resignation! Entering the Japanese general election system!][Is the Liberal Democratic Party possible again?][Opposition parties pledge to win the general election!][Even within the party, Prime Minister Okazaki’s arguing of responsibility is fierce!][LDP leaders, it is difficult to guarantee victory without replacing the governor… … ]

Newspapers around the world poured out articles.

Korea also stopped broadcasting and sent out emergency news.

– It’s amazing. After the Korean president, the Japanese prime minister was blown away.

– Haha, after a strong earthquake, I accidentally touched one, and this is what it looks like.

-Why did you touch Jin-hoo Kang, who was still like that?

-Okazaki looks like he’s going to be pissed hehe I’m a disgrace even if it’s me.

-Only the iron plate togeja is the answer. If you do that in 10 minutes, even the Japanese people will forgive you.

– It’s time to step down from the prime minister’s office.

– Apologize to the comfort women.

– You should be sent to prison like Park Si-hyung. Or, send forced labor to warships.

Just as China is a one-party dictatorship of the Communist Party, Japan is also a one-party dictatorship of the LDP. Only a handful of other parties have been in power.

As the opposition party was devastated, there was a high probability that the LDP would take power even if there was a general election again. However, it is unclear whether Prime Minister Okazaki will be able to preserve his position. There has been talk within the LDP that in order to win the general election, the president needs to be replaced first.

As Japan is a cabinet system, the leader of the ruling party will soon become the prime minister.

“Well, even if I become prime minister again, it will be difficult to secure the approval rating as before.”

For the time being, there will be no room to worry about foreign affairs.

Neighboring countries all reacted poorly. As soon as the economy recovered from the recession, Japan engaged in territorial disputes with Korea over Dokdo, China over the Senkaku Islands, and Russia over the four northern islands.

Here, he denied the history of wars of aggression, colonial rule, and the Pacific War, and showed a movement to increase armaments.

With the resignation of the cabinet and the dissolution of the parliament, the revision of the peace constitution, which Prime Minister Okazaki made sure to do within this year, passed away. Korea is also taking a breather.

Taegyu said.

“After defeating Japan, peace has come to the world.”

I nodded.

“That’s why people should always be kind.”

A lot of money does not make a developed country, and a strong military power does not make a powerful country. A powerful country must possess the dignity of a powerful country.

This would mean that China and Japan are not treated well in the international community.