In the first quarter of 1991, the real estate market in Xiaoli collapsed completely. When everyone found that no one would take over the offer, the real estate market represented by Tokyo began to plummet.

Subsequently, the huge real estate bubble quickly spread throughout Xiaoli.

At this time, the whole country was in a gloomy mood. Due to continuous mistakes in monetary policy, the real manufacturing industry lacked competitiveness in the international market.

Land and houses cannot be sold at all because investor confidence has been dampened.

Buildings were being completed one after another without residents, vacant houses were everywhere, and real estate prices plummeted.

In addition, the government wants to take the opportunity to regulate housing prices and has introduced policies such as "land price tax", which stipulates that all land holders must pay a certain proportion of tax every year.

As soon as this policy came out, owners who had accumulated a large amount of land during the real estate boom began to sell their land, and the real estate market in the early days immediately entered an era of "oversupply".

The superposition of several factors accelerated the overall collapse of Xiaoli's real estate economy, leading to the bankruptcy of a large number of real estate companies and related companies.

When the capital market collapsed further, international capital from all walks of life sold assets and fled Japan regardless of the cost.

The capital market is like this. The value of an asset depends on how much the person who takes it is willing to pay for it.

For the same stock, if someone is willing to pay 1 million to buy it, it is worth 1 million.

No one is willing to pay 1 yuan to buy it, and it is only worth 1 yuan.

As a large number of people competed to cut their flesh and leave the market, the stock market and property market in the early days immediately entered an era where "100 million" became "10,000", and the huge bubble was finally punctured.

In the process of this bubble bursting, a large number of companies went bankrupt, and corporate bankruptcies will inevitably lead to a surge in unemployment.

Therefore, after entering 1991, the unemployment rate of ordinary people nearly tripled. Many people who had increased leverage or borrowed money to speculate in stocks and real estate became tens of millions of "losers" almost overnight.

Even normal home buyers who are honest and do not use leverage have lost their jobs, lost their income, and are unable to repay their loans, and their houses are facing repossession by banks.

Many people couldn't bear the huge blow and walked onto the rooftops and into the forest one after another...

In this way, the whole country fell into chaos.

Under such circumstances, Yuanwei Group finally took action!

Under the careful planning of Zhou Yang and Yan Gengdong, dozens of teams from Yuanwei Group entered the market with large amounts of funds and began to acquire stocks and high-quality assets of major companies in the name of rescuing the market.

The first thing Yuanwei Group took notice of was the high-tech companies and large consortiums here in Xiaoli. As we all know, technology companies are industries with high investment, high output, and high returns. The research and development of any product requires a large amount of human and financial resources.

However, due to the current economic downturn, major companies are shrinking funds, and few companies can spend large sums of research and development funds. This has led to many technology companies being in trouble.

Yuanwei Group immediately seized the opportunity and launched a frantic acquisition of these technology companies.

For listed companies, there will be a dedicated team to acquire their stocks. For those companies that are not listed, Yuanwei Group will have the team negotiate for equity participation with the company's senior management.

Faced with the Yuanwei Group, which held a lot of money, few companies could refuse. Soon, a group of companies including Yamazaki Mazak Co., Ltd., Fanuc, Yaskawa Electric, Kawasaki Heavy Industries, Mitsubishi Electric Co., Ltd., and Omron A large number of Xiaori technology companies have received capital injections from Yuanwei Group, and Yuanwei Group has become the majority shareholder of a considerable number of companies.

In addition to these high-tech companies, the banks and large consortiums that control the lifeblood of the small life economy are also the targets of the Yuanwei Group.

Last year's GDP exceeded US$3.19 trillion, about 55% of that of the Thieves. The situation seems to be good, but behind the prosperity are a large number of bank bad debts and consortiums' negative assets.

Before the bubble burst, banks lent money indiscriminately and had a bunch of houses as collateral. But now that housing prices have plummeted, the so-called collateral is no longer valuable. A large number of bad debts have affected almost all banks, and many are on the verge of bankruptcy.

The situation of the consortium is even worse. They should have a very prosperous life with the resources they have, but because the profits of the real estate industry in the past few years have been too high, as long as they invest in real estate, they can make money while lying down. Therefore, these large consortiums With advantage, invest in real estate like crazy.

Now that real estate has suddenly collapsed, they have suffered huge losses.

Furthermore, after the stock market crashed, these consortiums held a bunch of subsidiaries that should have been eliminated from the bottom.

Their original judgment was that the economic downturn was only temporary, and that they would be able to thrive again in two or three years at most.

But as a result, the stock market has been declining since the crash. The Nikkei Index has fallen below the 1991 mark. It is already . The expected economic recovery has not happened. The major banks and six major consortiums in the early days can no longer hold on, so they have to Crazy layoffs and liquidation of assets in order to survive.

And being dragged down by banks and consortiums, those companies that were originally operating well have also been dragged down, and many leading companies are on the verge of collapse.

At this point, the financial crisis of the small days broke out in full force, and the economic miracle no longer existed.

In this general environment, Yuanwei Group, which bucked the trend, became the last life-saving straw for these banks and consortiums. They took the initiative to send people to contact Yuanwei Group without waiting for Yuanwei Group to come to them.

In the following time, Yuanwei Company was like a savior, constantly "saving" companies that were living small lives one after another.

In just a few months, more than 100 billion U.S. dollars of huge funds were injected into the small stock market and real companies.

Of course, Yuanwei Company's gains are also obvious.

With this $6 billion, they acquired a large number of shares in 6 banks and 276 major consortiums. In addition, they also held stocks in 118 large companies and fully acquired companies.

Before the crisis broke out, the total value of these companies and stocks exceeded 800 billion U.S. dollars, but now Yuanwei Group only used one-eighth of the capital to acquire them, and made the executives and ordinary employees of these companies grateful. .

I have to say, this deal is really a bargain!

When the Yuanwei Group was bargain-hunting for high-quality industries in the small days, international capital was not idle either. Wall Street capital led by Goldman Sachs also stepped aside and started competing with the Yuanwei Group.

The two sides staged a battle between dragons and tigers in Xiaoli...

And just when everyone thought that this business struggle would continue for a long time, Yuanwei Group suddenly transferred more than half of its team away from Xiaoli.

When the international capital saw these people again, they had already appeared in the Furry Bear League!

That's right, Zhou Yang has already begun to harvest the Wooly Bear Alliance.

Although the empire has not yet fallen, the economy is on the verge of collapse.

As of May 1991, four-fifths of the major products of the Woolly Bear Alliance had experienced production cuts, with the decline of some products reaching 5%.

In the first five months, the central budget shortfall was approximately 460 billion rubles, of which the republics owed approximately 310 billion rubles. 33 blast furnaces and 7 coke ovens across the country have stopped production, and many cities have no more than one day's food reserves.

What is even more worrying is that from January to May 1991, the wholesale price index of industrial products and the purchase price index of agricultural products in Maoxiong increased by 1% and 5% respectively compared with last year.

Due to the decline in production, there is a shortage of consumer goods in the market and food supply is even tighter.

In response to the economic crisis, Mao Xiong had no choice but to take a series of emergency measures, including replacing large-denomination currencies and carrying out price reforms, but with little success.

Coupled with the serious fiscal deficit, which broke through the warning line, this caused the debt creditworthiness of the Woolly Bear Alliance to drop significantly, from Grade A creditworthiness to a debtor country with low creditworthiness.

Under such circumstances, Zhou Yang knew that the opportunity to harvest the Wooly Bear Alliance had come...

..........

PS: The next chapter, Harvesting the Furry Bear Alliance, is a bit sensitive, so I won’t write it in detail, sorry for that!

What’s more, today the book finally exceeded 400 million words. Under normal circumstances, the main text would be finished with about words!

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