Chapter 1083: Only One Winner

The exchange rate is the most important thing for a country. It is very important to maintain a relatively stable exchange rate.

Last year, I ordered a shirt from you at a price of two dollars. Now that the exchange rate has fallen by half, I will give you one dollar. Otherwise, I need to pay four.

Everyone falls, but you don't fall. Just think about it. The current economic pressure in the big rabbit country is very high.

Export companies are naturally unlucky. If your products are expensive, I will not buy them.

Of course, at this time, Big Rabbit found a good toy.

Yes, all the policies supporting real estate started in that era. Buying a house can solve the blue-sealed account, but it may feel that the strength is not enough, so part of the tax can be refunded.

Real estate has become a pillar industry. Some people cursed and some jumped to support it. In fact, there is nothing right or wrong about this, it’s only because of interests.

In this world, there is no such thing as Baibaodan. From the perspective of stimulating the economy, there is really nothing wrong. Just hope, don't overdo it.

Xiangjiang has a population of 7 million. When the real estate collapsed, roughly 300,000 people were affected. If one day there are tens of millions of people with negative equity in a certain country, it will really be over.

Fortunately, things like balloon loans were stopped within a few days.

Cough cough, stuff of the US emperor, it is best not to try it lightly before you figure it out. You see, Japan learned very happily, and then they rushed to the street.

"Andy, what's going on? Now that Shanyi Securities has gone bankrupt, what about their clients? This is one of the four major brokerage firms."

"Boss, our customers are indeed increasing. However, these guys who survived obviously still have concerns.

By the way, Merrill Lynch lowered commissions, and they poached a lot of top executives. "

"Bastards, this group of bastards, it seems that they already knew that Shan Yi was going to die. By the way, continue to put pressure on Japan. As for Merrill Lynch? I will negotiate with the old guy."

"Okay, Boss, the other three Japanese brokerages are also half-dead. This time the turmoil is over, and it would be nice to have two left."

"Hahaha, hahaha, Japanese, ha ha!"

It is not too surprising to say that Japan's high-level officials have committed suicide. The higher they go, the more anxious their IQ becomes.

However, brokers and banks are also doing their best, which is a bit funny.

Business is not good, all kinds of ghosts and ghosts will come out to make troubles, and Japan is the same. Speaking of which, the collapse of Shanyi Securities was related to Smecta, but it was not the main reason for their collapse.

During the bubble crisis period, Japan can be said to be in decline. There are exceptions here, not to mention custom shops and action movies. When the economy is good, their business is also good.

Counter-cyclical industries, yes, the pachinko room in Japan is a counter-cyclical industry. The worse the economy is, the better their business is.

This kind of business has never been a serious business. More than 90% of the pachinko rooms in Japan have a community background.

If you have anything to do with the society, basically nothing good will happen. Think about it, when the board meeting was held, there were three shirtless people with a hairtail tattooed on their backs.

Cough cough, your proposal wants to pass, unless you have communicated with the group of bigwigs in advance.

After coming and going, these associations in Japan have become a very huge force.

This is the case in Japan, associations are legal, but you'd better not show your face.

If it was in the past, it would be fine for you to do this, as long as you can prove that the source of the money is innocent, no one will make trouble for you.

Unfortunately, this time things are a little different.

Yes, Japan's financial system has been completely opened up. In just a few years, the four major brokerages retreated steadily. When the Asian financial turmoil hit, the first and second two brokerages had actually changed hands.

This time, the matter of colluding with associations to engage in petty tricks was exposed. Good guy, the people of Japan are outraged. You bastard, shouldn't these guys all be hiding in a hole in the ground?

The Japanese government took a look and found that this is not good, so I have to check it out. As a result, if you don't check, you don't know, and if you check, you will be shocked. It can't be described with bad marks.

Then, of course, there are all kinds of sanctions. Of course, there are other driving forces behind this. Otherwise, this kind of matter will not be investigated at all, and even if it is investigated, it will be done hastily.

"Mr. Hunter, you can't tell me that we have a good cooperation with Nomura Securities.

If, if a change is needed, I don't have the say. "

"Really? Fujita-san, this is really a pity. Merrill Lynch will provide more professional services."

"Haha, of course, Mr. White and I mentioned it. Anyway, thank you very much."

The two talked for a long time, but nothing came of it. Fujita is also very familiar with your American emperor's routine. If you want to cooperate, of course it is not impossible, you have to give actual benefits.

"Boss, are they still unwilling?"

"Tsk, put it away for now, this one is different"

"Okay, boss."

In fact, the subordinates really want to say, and there are some you dare not mess with. Hehe, yes, William White's domineering is really not just talking.

In fact, the remaining three securities firms in Japan are basically lingering. If the status quo cannot be changed, it is estimated that the family will not be able to escape.

"I know Fujita, the Uji family is very capable, and that old guy Suzuki finally got the hang of it."

"Boss, I heard that there is a lot of resistance. The manager of a branch company has just returned to become the president. It seems that he has just turned 50."

William White couldn't help being stunned, isn't fifty years old? Well, in Japan, there are basically no fifty-year-olds. Let alone group companies, small companies are rare.

"Young, young is good, if you can use professional managers, it may be better.

By the way, ignore Merrill Lynch, these guys are troublesome, I would rather cooperate with Damo. "

"Okay, I see, boss."

William White sighed, these guys are still so unstyled. If you eat too ugly, it will be criticized by others. If you are a one-time investment, it does not matter. If it is a long-term investment, it is better to be decent.

The turmoil has not yet passed, and a group of predators are already impatient. How expensive it is to buy a company, and much cheaper if one goes bankrupt.

Today's Japan is simply frightened. Throw it at random and they will surrender.

It is too similar, it is too similar to that bubble crisis. Could it be that this is the second half?

This time, they seem to have guessed right. In essence, the Asian financial crisis is actually a continuation of the bubble crisis.

You think that 30% off and 40% off is already miserable, but it is not. Many stocks and real estate are only 20% to 30% off during the peak period. This is not an isolated case. Xiangjiang's property market has basically dropped by 70%.

From this point of view, the stock market bubble and the property market bubble are completely different.

Yes, it takes 13 years of suffering.

If there is no very powerful policy, at least three to five years. Of course, the way it shattered is also relatively gentle and long.

The plutocrats in the United States are attacking everywhere, and they use 30% off or even lower prices to start sweeping up their fancy prey. In the face of menacing bandits, Asian countries are helpless.

As soon as something is said, Ying Jiang will talk about marketization. If you don't want to sell assets at a low price, you will be said to be administrative interference.

Heck, why don't you go to the United States and try to buy it like this? Guaranteed to make you lose all your money, if one is bad, just arrest the person first and then talk about it.