Chapter 1082 Japan Is Lying Down Again

The matter of Smecta has not been resolved for a long time, and a group of American uncles are still bargaining. What they didn't expect was that the situation seemed to be getting worse.

That's right, Japan, the largest economy in Asia and the second largest in the world, has a problem.

In the financial crisis, the first to fall are of course brokerages and banks. However, this time the trouble seems to be bigger.

Hokkaido Takushoku Bank, which is the tenth largest bank in Japan. This one is basically equivalent to all of Thailand.

It's not bankruptcy protection, it's a direct death, completely losing the value of rescue.

The logical chain is like this. Sanyo and Yamaichi Securities have a lot of overseas investments, especially Smecta.

So, the two families are finished. Yamaichi Securities, one of the four major securities firms in Japan, has a debt of nearly US$30 billion, which is simply a joke.

In just one November, all kinds of bankrupt companies add up, and the funds involved will exceed 100 billion.

Just kidding, it's not Japanese yen, it's all US dollars. Moreover, there is still a lot of money, which was invested by the US emperor.

Ever since, the exchange rate fell, and then the stock fell. Due to mutual shareholding, a large number of financial institutions suffered huge losses.

The Nikkei index collapsed, and then the Korean won broke through the 2,000 mark. It seems that this is heading for 3,000.

The Hang Seng Index, which had recovered some improvement, dived again and lost the 10,000-point mark.

So far, the Asian financial crisis has completely gotten out of control.

"Is that what you want? If so, you've been very successful. But, Alan, can you tell me what's going on with the National Trust?"

Buffett now understands why William White has that expression. It seems that this guy saw the problem early on.

"Warren, that's not my plan, and I'm not going to endorse it."

"Hehe, is it important? By the way, Soros should short Japan. Since it is market-oriented, it is of course to invest in whatever is the most profitable place."

"Ahem, he doesn't dare." Greenspan felt a little resentful.

"Ha, is he still afraid?"

"Merrill Lynch and Morgan Stanley are now the two largest securities firms in Japan. If he doesn't want to die, he knows what to do."

Buffett stopped talking, no wonder William White called you shameless. Now it seems that it is really shameless, forget it, I will stay away from you, if I am unfortunate enough to lie down, it is not worthwhile.

"When will you buy the bottom?" William White looked at this bastard friend, feeling a little helpless.

"Jason, what are you thinking? In the current world, someone has pressed the reset button. You think, you keep thinking, buying the bottom? Don't think about it, cash is king."

"Restart? Boss, isn't it so outrageous?" Jason Gao handed William White a beer while speaking.

"In 1989, Japan's real estate was almost US$25 trillion. Do you know the value of land in the United States? It is less than US$6 trillion.

Now, there are still about 17 trillion real estate in Japan. Come and tell me, what are you copying? "

William White shook his head and started pouring beer. He was absent-minded, and Jason Gao didn't care. It was just for fun, let alone him, his wife was terrified.

Gua mother-in-law is usually like this. When she almost got into trouble, she will be honest for a while. Don't worry, she will forget about it in a short time.

This is also the characteristic of human beings, we always deliberately choose to forget. Especially those painful things, you can't even mention them at all.

Even after ten years, as long as you don't want to talk to the Japanese, you can ask about the latest property market situation.

"Boss, so Tuao has no influence?"

"It's just luck. The exchange rate will of course fall. They are resource currencies. Now that iron ore is piled up like a mountain, the currency will naturally depreciate.

However, one Olympic Games can almost offset more than half of it. Besides, if Soros doesn't go for trouble, of course nothing will happen. "

"That's good, but with so much iron ore in stock, there won't be any price war, right?"

William White sighed and said, "How could it not be? It's just that I don't want to participate. If it's too cheap, I won't sell it. It won't break."

Of course he can say that boldly. Rio Tinto and Vale are obviously not calm. No matter how cheap the price is, it must be shipped. Otherwise, how to deal with bank loans.

Of course, there are still some responses. The giants, including William White, are consolidating resources. Their life is hard, and the small and medium-sized mining companies are even worse.

Japan is a resource-poor country, and there are no other resources except some sulfur.

As the world's second largest economy, they consume a lot of resources. Therefore, Japan's economic trend, to a large extent, determines the direction of most commodity futures.

Well now, there is a serious crisis in Japan, and if it continues to worsen, their demand will drop further.

What, there is a shortage of big rabbits?

Don't talk about it, the rebar was piled up at that time, so don't talk about iron ore. Low taste is good, but if it is iron ore, the production capacity will be even more difficult to deal with.

Can't sell it, really can't sell it.

This time, Peanut was completely impatient.

As I said before, short selling the world can indeed bring profits. However, this small amount of money is not enough to look at.

The global securities market has evaporated at least one trillion dollars, and you can hedge this money back.

As for the shrinkage of land and other securities, it goes without saying. Anyway, it's just a sentence, if Japan dies, the whole world will be in bad luck with it.

There is really nothing you can do about it, whether you like it or hate it. The current world is a plane, and this will not change because of you.

Now there is a saying that Japan and Smecta are lying guns, and they are not the targets of Yingjiang.

In fact, there is only a little truth to this statement, and it really is just a little bit.

Fighting competitors is not only the primary purpose of Peanutton, but also the primary purpose of the consortium.

Now I like to talk about harmony and win-win. In fact, if there is harmony, win-win is nothing. Don't say that the relationship is mediocre, Ying Jiang will never be soft when dealing with her little follower, let alone consider a win-win situation.

Of course, if Smecta and Japan weren't so willing to die. This matter may have other consequences.

Smecta stopped talking, thinking that he could renege on the debt, which was also delusional. As for Japan, the economy is already failing, so it's fine if you don't cut taxes, but you actually increase taxes. This is really hating yourself for not dying.

Well, now the opportunity has come, so many banks and brokerages have closed down, and the market has been severely depressed. Appropriately reducing taxes and fees a little bit is actually reasonable.

Unfortunately, they chose another path. In other words, reshuffling the cards is also what they are happy to see.

It should be said that economically, there is no doubt that Japan is a big country. After all, it is the second in the world, you can't deny it.

However, their mentality and insight have not kept up with the growth of the economy. If you look back, there is really only a big rabbit who did not lower the interest rate.

Temporarily lose some foreign trade orders, don't transfer your own problems. This is actually a responsible attitude.

The yen has dropped all the way from 80, and now it has fallen to 140. To be honest, Japan has contributed a lot to the collapse of the exchange rate system in Southeast Asia. If it wasn't like this, how could Soros Hede actually chop melons and vegetables all the way.