Chapter 684 International Financial Feast

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Since the 1980s, driven by industries such as automobiles, electronics, and integrated circuits, Japan's economic strength has gradually increased.

By the end of the 1980s, Japanese automobiles had dominated the world, and Japanese industries were blooming everywhere in Western Europe and Latin America. Almost all countries were under the pressure of Japan’s strong economic strength—the Japanese auto industry began in December 1986. The unusual economic prosperity was called "Heisei boom", and the Nikkei index continued to rise from 12,000 points in 1985.

During the stock market turmoil in 1987, Japanese stock prices were the first to recover after a short-term slump, which led to the recovery of global stock markets.

Since then, Japan's stock price has been rising strongly, and now it has reached nearly 39,000 points, which is more than three times higher than the lowest point in 1985 and 1.6 times the GNP of Japan in 1985. The per capita GNP exceeds The U.S. became the number one in the world, Japan's GNP accounted for 13.7 percent of the world's total, up from 6.4 percent in 1970, and its net foreign assets reached 3,800. billions of dollars, ranking first in the world.

Faced with Japan's economic prosperity and stock market soaring, countless people are mesmerized and have devoted themselves to the Japanese stock market.

In this process, many people have become rich by making a lot of money in the Japanese stock market. Not to mention others, Xu Cun alone earned more than 10 billion US dollars from the Japanese stock market after the August 7th stock market crash.

However--

Will the United States really let the Japanese economy threaten its position?

In the words of U.S. Treasury Secretary Summers during the Clinton era: "An Asian economic zone with Japan as the peak has caused the fear of most Americans. The threat Japan poses to the United States even exceeds that of the Soviet Union."

Four years ago, the "Plaza Accord" was signed by the finance ministers of the United States, Britain, Japan, Germany and France at the Plaza Hotel in New York. .

Two years ago, the New York stock market crashed. U.S. Treasury Secretary Baker put pressure on Japanese Prime Minister Nakasone to let Japan continue to cut interest rates. Soon, the yen interest rate fell to 2.5%. A large amount of cheap capital flocked to the stock market and real estate. The annual growth rate of stocks is as high as 40%, and that of real estate even exceeds 90%. Today, the Tokyo stock market has risen by 300% in three years, and the total real estate price in one area of ​​Tokyo has even surpassed the current total real estate value in the United States. A huge financial bubble has begun to take shape—this can be It can be regarded as the second knife that the United States has paid to the Japanese economy.

If there is no external destructive shock, Japan may be able to gradually achieve a soft landing with a moderate austerity, but what Japan did not expect is that the United States has made a third and deadliest blow to the Japanese economy. Countless big banks headed by the company have been short-selling the Japanese stock market since two months ago, and a large number of small and medium-sized investment banks in the United States have followed suit. The two sides are betting on the direction of the Nikkei index. If the index falls, the Americans will make money and the Japanese will lose money. The reverse is true if the index rises.

This is an international financial feast, as one of the world's largest bankers, how could Xu Cun not participate in it?

Moreover, Xu Cun not only participated, but was also the first to strike, and also the most ruthless to strike. As early as four months ago, Xu Cun asked the Mitsubishi consortium to be a guarantor and signed an average of 35 times with a dozen banks in Japan. Then Xu Cun asked Yuan Tianfan and Mei Aifang to go to Japan with their team and US$5 billion to short sell the Japanese stock market. (At the same time, Xu Cun also asked He Chaoqiong and Li Zhi to take the team and 10 billion US dollars to short the Taiwan Bend stock market—since he hadn’t set foot in Taiwan Bend for five or six years, Xu Cun’s power in Taiwan Bend was relatively weak. Therefore, the highest leverage that He Chaoqiong and Lizhi can get at Taiwan Bend is only 15 times, and the average is not even ten times, so Xu Cuncai prepared an extra five billion US dollars for He Chaoqiong and Lizhi.)

Yesterday, the U.S. government strongly criticized the long-standing closed trading of the Japanese stock market and the practice of mutual shareholding within enterprise groups or among companies in the same industry. It asked Japanese companies to change the practice of mutual shareholding, and made specific requests to Japan:

1. Reduce the Japanese bank shareholding standard from 5% to 2%;

2. Cancel the restriction that comprehensive trading companies are not allowed to hold shares in manufacturing enterprises;

3. Strengthen restrictions on subsidiaries holding shares in the parent company.

The U.S.'s move hides infinite murderous intentions, and it directly points to the source of power for the long-term rise of the Japanese stock market.

The mutual shareholding of various companies is the main feature of the Japanese stock market, and it is also one of the reasons for maintaining the long-term rise of Japanese stocks. If Japan adopts the United States' request to abandon the practice of mutual shareholding among companies, the number of stocks entering the market will increase sharply, and the stock price will increase sharply. will drop sharply.

In Japan, the stocks held by companies are generally held for a long time and will not be easily sold due to the rise and fall of stock prices. Therefore, the stocks held by companies are generally not listed for circulation.

In particular, the requirement for Japanese banks to reduce their holdings of corporate stocks is very sinister-in Japan, banks hold a large number of stocks, and once they hold them, they will hold them for a long time and will not sell them easily. The profits of stocks are so huge that once the banks sell their stocks, the Japanese stock market will inevitably collapse.

Therefore, these three requirements of the United States are enough to cause a sharp drop in the Japanese stock market.

This morning, these requirements of the United States began to appear on the headlines of the Japanese economic media, which brought great pressure to the Japanese stock market and made investors know that the United States does not want the Japanese stock market to remain high for a long time. Confidence in Japanese stocks has begun to waver, and some investors who are keen on Japanese and US policies are even ready to sell their holdings.

In other words, the Japanese stock market crash is about to appear.

Iwasaki Masakazu called Xu Cun because he wanted Xu Cun to come to Japan to sit in person at this critical moment-this will help stabilize the hearts of those Japanese banks that provide Xu Cun with ultra-high leverage, so as to avoid accidents.

actually--

Iwasaki Masakazu had another intention for Xu Cun to come to Japan to sit in person in person-Iwasaki Masakazu hoped that Xu Cun could help him stabilize the core staff of the Mitsubishi Group and even his own heart!

This time, Mitsubishi Group invested more than three million U.S. dollars (Mitsubishi Group did not use ultra-high leverage to gamble like Xu Cun) - no wonder they were nervous, after all, they are not as prophetic as Xu Cun Foresight!

At any time, Xu Cun knew clearly that the reason why he was able to enjoy the blessings of being equal to others was mainly because he possessed unparalleled wealth and power. This incident and the importance of the Mitsubishi Group to him, Xu Cun flew to Tokyo in his own private plane on the night of November 24, 1989, the night Zhu Yin left crying.

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