Chapter 965 The Burst of Lies
It is impossible for Mu Hua not to vomit blood, for him to vomit blood and faint is undoubtedly the best choice now, otherwise he will have to face the censure of Liu Turui and Xiao Changsui.
The investment in the Green Island project exceeds RMB 150 billion. This is a very risky real estate project. After all, this project is the biggest real estate scam in history. It is a dream created for Chinese people who envy developed countries and want to immigrate, but cannot meet the immigration threshold. Tell them: as long as you buy my real estate in Ludao, you can become Singaporeans in just a few years!
Singapore is a developed country, you will be masters of developed countries in the future! In the future, when I return to China, I can speak louder and show off more!
Mr. Lin Yutang once said that Chinese people have ten ugliness, one of which is: talking to people is better than talking about relatives.
Another example is what the overlord of Chu said in the past: If wealth and honor do not return to their hometown, it will be like walking at night in brocade clothes.
It is a bad habit of almost all Chinese people to show off. Today, with the impact of various waves, almost everyone wants to express their own uniqueness in various ways.
For example, buy a pair of AJ shoes, for example, buy a LV bag, for example, buy a Green Water Ghost watch and so on.
Because people always want to show their differences, especially in today's flood of online streaming media, various marketing accounts have various purposes to brainwash young people. There is also an intracranial war launched by foreign capital against domestic young people.
Many people fall into a hypocritical fantasy, thinking that what they have can make them unique. But in fact, as early as a thousand years ago, Su Shi once said a famous saying: Poetry and calligraphy are in the belly.
It is too difficult for a person to have talent, it requires countless hard study and study, and it cannot be posted on Moments.
But if you buy a pair of AJ Air Force, you only need to attach a poison card, then you can show it off in your circle of friends. This kind of false pleasure continues to increase with the increase in the number of likes in the circle of friends, just like taking drugs and can't stop.
Because for human beings, the ultimate goal of human beings is self-realization. And this way is the simplest, but at the same time the most false self-realization.
As for emigrating abroad, this self-realization really touches the G-spot of too many Chinese people. A pair of AJs can only be posted once in Moments, but Singaporean national life can be made into a series on Douyin and gain millions of fans.
It's like the so-called [light luxury products] are harvesting the IQ tax of young people. The Green Island project is to harvest the IQ tax of those middle-aged people, and put those former waves on the ground as leeks.
In the Green Island project, the three major groups have collectively invested 150 billion yuan. Of course, it cannot be all the company's money. Although real estate companies have assets, but when it comes to cash, the cash flow of real estate companies has always been tight. Real estate projects are projects with large inflows and outflows, and each piece of cash has a special purpose. Most real estate companies have to rely on bank loans to survive.
Among the 150 billion yuan invested in the Green Island project, the three major groups actually provided 50 billion yuan in cash, and the remaining 100 billion yuan was all bank loans, which came from the East Asia Investment Bank, which is the main shareholder of Toyo.
The three major groups used their own industries as collateral in exchange for a loan of 100 billion yuan. Otherwise, they wouldn't be able to handle such a big project.
The 150 billion is only the initial investment. The entire Green Island project is estimated to be a large project of 300 billion. Once successful, it will reap huge profits.
Because Chinese people, especially those who have a lot of resources, are actually in urgent need of investment projects. The popularity of domestic real estate is visible to everyone. While the latecomers who lack resources and money are still working crazily for a place to settle down, the former wavers who have a lot of resources and money are annoyed that they don't have a good investment outlet to double their money. So investing in real estate is almost a way for them to maintain their money status. Everyone thinks that Chinese real estate will not collapse, after all, there are so many people.
The Green Island project will not collapse, because there are so many leeks that can be harvested. The so-called leeks can't be cut off, and they will grow again when the spring breeze blows.
But now the Green Island project is about to collapse, and a thunderstorm that has not happened in two thousand years has appeared, destroying all the houses that have been built, and destroying a lot of houses that have not been built. It can be said that the hundreds of billions invested in the early stage have been in vain.
Of course, many of them have invested money in the Green Island project and bought houses. But this is where the trouble begins. Because many people have invested all their life savings in it, pointing to this project to make money and make a comeback. Now it is all ruined, can they accept it?
What is even worse is that the news that the Green Island project is a scam began to circulate on the Internet, saying that the Green Island project has nothing to do with Singapore at all, but a project established in Malaysia. At this moment, many people panicked. The investment in the Green Island project was for Singapore, and now they are in Malaysia, so what should they do?
Should the house be destroyed or not be built? The three major groups over there issued a statement saying that those who have already bought houses don’t have to worry, they will rebuild the Green Island project to ensure that everyone’s investment will not be wasted.
This is not because the three major groups are so conscientious, it is because they still have follow-up explanations.
They said that the thunderstorm is a natural disaster and an irresistible force, so the loss should be borne by the company and the owners. The owners contributed another one million repair funds for each household, and they pushed the house to rebuild. If not, then there is no way to rebuild.
The owners naturally quit when they heard the news. Why, I have invested all my money, and I have borrowed several million from the bank, and now I have to invest another million? !
The three major groups had no choice but to make such a bad move, because after the thunderstorm and false news came out, the East Asia Investment Bank changed its previous gentle face and began to attack the three major groups in all aspects. Dongyang people are not stupid. Banks are an industry that borrows umbrellas in sunny days and pays them back in rainy days. They will not help you in times of crisis. They will only try to reduce their losses or even gain profits.
They began to press the three major groups step by step, and began to freeze their mortgaged assets. The bankruptcy of real estate companies often starts with the rupture of the capital chain. A company with assets of 300 billion yuan is likely to trigger chain bankruptcy because of a break in cash flow of 10 billion yuan.
At the gate of Yuanhua Group, hundreds of thousands of people pulled up banners and began to shout slogans.
"Hit unscrupulous profiteers!"
"Return my hard-earned money!"
"The liar company will kill the whole family!"
The people who came were very angry, and there were many old people who dared not even touch the police when they came, for fear of causing trouble.
The scene of this protest seems to have been similar, just like those medical rioters who stood at the gate of Ruijin Hospital to protest earlier. It's like repeating yesterday.
Among these protesting crowds, two people wore masks and kept a low profile.
"Boss Zhang, after destroying so many houses, will there be any problems with these people?"
Zhang Tong, who was wearing a mask, glanced at Wang Chao, and said in a low voice, "Since when did you think I was such a good person?"
"Well……"
"Hehe, don't worry, let's kill people and punish them. We're going to start punishing them." Old Zhang, who was wearing a mask, had a smile in his eyes.