The talks reached a deadlock. The Ministry of Finance was uncharacteristically tough in front of the four major chaebols. Not only did it not agree with the central bank's personal rescue of the market, it was preparing to forcibly launch financial tightening policies and significantly increase the benchmark interest rate again.

Sakura and Fuji Furong Bank even threatened to move their headquarters out of Japan, forcing the Ministry of Finance to compromise.

After all, this is still a country controlled by plutocrats, but these officials know better that Uncle Sam cannot be offended than these plutocrats.

To put it bluntly, forced bailout means using taxpayers' money to pay for these plutocrats. The consequences of this will only make this country suffer from more and more capital bubbles and embark on a path of no return!

On the night of December 12, the Bank of Japan released major news: In order to curb economic overheating, the Bank of Japan once again raised the benchmark interest rate from 28% to 3%.

Half an hour later, the Ministry of Finance once again released major news: In order to rectify the brutal development and chaos of the real estate market, all commercial banks strictly control the financing of real estate developers and severely crack down on the phenomenon of multiple loans for one place and multiple loans for one house. In addition, real estate companies are targeting real estate companies for grabbing To prevent land hoarding and jacking up of land prices, a land price tax will be levied from now on, and the appreciation in land price during resale will be heavily taxed!

Friday, April 12.

The last trading day of 1989.

The negative news released by the Ministry of Finance and the Central Bank yesterday night cast a thick layer of gloom on the Tokyo Stock Exchange.

At nine o'clock in the morning, the exchange hall was already overcrowded. After three dull bells, the morning market opened.

Industry insiders have long seen that there are no more miracles, and this long-empty war is over!

At the critical moment of the game between the two parties, several major bad news issued by the Ministry of Finance and the Central Bank have put the final coffin board on the main players of many parties!

Sure enough, after the market opened in the morning, Japan's major financial groups stopped struggling needlessly. They didn't even bother to protect their listed companies and allowed their stock prices to plummet.

Almost everyone is selling their stocks, panic is permeating everyone's heart, and the stock market is falling like a free fall...

Zongheng Investment Tokyo Branch.

As Guo Kexin cheered, the entire company had already become a sea of ​​joy, and they had the last laugh once again!

Yang Mo breathed a sigh of relief. He had been waiting for this day for a long time, not only because the numbers in his account would increase exponentially with the collapse of the Japanese stock market, but also because he felt relieved like never before.

He is not sure whether Japan's asset bubble has been blown up even more due to his deliberate disruption, but Yang Mo knows that with the joint efforts of Zhiyuan and HSBC to block it, Japan's major financial groups have not been able to fully recover from the stock market crash. retreat.

What Yang Mo needs to do next is to use the abundant funds in his hands to accelerate the development of the mainland's home appliance and automobile industry chains. These are also the two pillar industry chains that the Japanese government attaches most importance to right now.

After the cheers subsided, Yang Mo stood up, clapped softly and said, "Everyone, you have worked hard recently, and the red envelope at the end of the year will definitely satisfy you!"

There was another burst of warm cheers at the scene. Yang Mo waved his hands and continued: "We in China have a saying, "It is better to chase the poor bandits with the remaining brave men." I wonder if you have heard it? This long-short war is not completely over yet. Everyone You should know how to do it, right?"

At this time, the Japanese stock market is evolving into a unilateral massacre, with no buying orders at all. The Nikkei Index has plummeted, and all long positions in all stock index futures contracts have been liquidated. No one is immune, not even the four major chaebols!

Friday, July 1990, 1.

The last trading day of stock index futures settlement date.

In just two weeks, the Nikkei 225 Index plummeted from 38950 points to less than 12000 points, a 70% drop, setting a record in global securities trading history.

Nippon Telephone Company, which was heavily invested in Zhiyuan, fell from 300 million yen per share to 58.7 yen per share, and its market value plummeted from US$3500 billion to less than US$600 billion. Nomura Securities was hit hard and was on the verge of bankruptcy!

House prices in Tokyo have been cut in half, and a large number of home buyers have become "million dollar losers". Unable to repay, they can only cut off loans and repayments. Suicides occur one after another, and social unrest...

The wave of loan and supply cuts has caused a sharp increase in bank bad debts, and the financing costs of listed companies have increased. Many listed companies that rely on land prices to accumulate outstanding performance have completely exposed their true colors!

The bleak prospects for corporate earnings have cast an indelible shadow on investors' psychology. Investment expectations have worsened, and the wave of bank bankruptcies has made ordinary people afraid to hand over money to local commercial banks. The Japanese economy has fallen into an unprecedented vicious cycle. middle!

Land prices in Tokyo have fallen by 70%, and land pledged by real estate companies in banks has accelerated to flow to the market, causing land prices to fall again and again.

An accounting conducted by 20 commercial banks found that their combined bad debts and bad debts exceeded US$1000 billion.

……………………………………………………………

Osaka City, Yoshida Chemical Machinery Co., Ltd. headquarters.

Yuji Yoshida slumped in his chair like a gambler who lost all his money.

From the day the Nikkei 225 stock index futures were listed on the Osaka Futures Exchange, Yuji Yoshida has been obsessed with stock index futures. He especially enjoys the excitement of making huge profits in a short period of time!

As the president of a heavy equipment company, Yuji Yoshida had no doubts about Japan's economy. When he first tried his best, Yuji Yoshida made money that he couldn't make back even in a year by making chemical equipment. He began to be convinced of his talent in futures investment.

In this world-famous long-short battle, Yuji Yoshida staked his life and fortune. Not only did he stake all the active funds of Yoshida Chemical Machinery Co., Ltd., he also staked them all after financing from Tokai Bank with equity!

All that money eventually got lost and was wiped out in this stock market crash!

This capital feast took away all the glory of the Yoshida family. Starting tomorrow, Yoshida Chemical Machinery Co., Ltd. will officially change owners.

Yoshida Yuji stood up and pushed open the office window. After a long sigh, he jumped down...

Tokai Bank Osaka Branch.

Executive Chairman Toshihiko Takahashi was also in a mess. The large number of bad debts after the collapse of the stock market and property market gave him a headache. Yuji Yoshida, an idiot, committed suicide by jumping off the building the day before the handover!

Yoshida Chemical Machinery Co., Ltd. has essentially become a hot potato. The company's public sentiment is floating. Originally, the land, factories, and production equipment were still worth some money. But now, Osaka land prices have dropped by [-] to [-]%, and bankrupt factories are everywhere. Factory buildings and production equipment are no better than a pile of scrap metal. It’s hard to say whether the fixed assets are enough for severance pay...

Just when Toshihiko Takahashi was at a loss what to do, a beautiful female assistant twisted her waist and walked in to report: "Your Excellency, Mr. President, Mr. Li Heping from Qianhai Asset Management Company wants to see..."

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