I'm sorry Buddha, I tripped over my lover
Chapter 061
Chapter 0061: Six Major Consortium Riot Operations!!
Kazuki Mitsui sighed and said, “At this point, only the broken cauldron has sunk.” ”
“Guys, by now, our six major consortiums must work together to stabilize the domestic property market, and we must not let those retail investors lose confidence.”
“I suggest that our six major consortiums join forces and bail out the market together.”
“As long as we can stabilize housing prices and last until the agreement with Lafitte expires, with that 150 billion dollars, our difficulties can be solved.”
The heads of the six major consortiums, you look at me, I look at you, and then nodded helplessly.
Then the six major consortiums will join forces to rescue the market, and the answer is of course impossible.
Two days after the meeting of the six major consortiums, the six major consortiums began to sell a large amount of real estate and land as if they had agreed in advance.
The idea of the six major consortiums is very simple, it is nothing more than the death of the Taoist friends and the poor Dao.
The collapse of the property market in small days is inevitable, and the rescue of the market means to press all the wealth accumulated by the family for hundreds of years, and once there is a mistake, the family’s hundreds of years of hard work will be in vain.
And the large number of selling of real estate land is a strong man’s broken wrist.
Although it will suffer great losses, it can allow the family to survive and continue to survive.
The reason why Mitsui Kazuki persuaded other consortiums to save the market was naturally to stabilize them and let himself run first.
After all, when chased by a beast and life is threatened, people do not need to run past the beast, they only need to run past other people, and their lives can survive.
It’s just that the heads of the other five major consortiums are all human spirits, and naturally they will not fall for Mitsui Kazuki.
The six major consortiums desperately sold off real estate land, which completely became the last straw that crushed the small real estate market.
It has to be said that Mie Noyasu’s move to increase the bank discount rate is really a desperate plan
The reason why local commercial banks used to borrow from the central bank in small days was naturally because there were huge profits.
The interest rate of commercial banks lending from the central bank is 1 percent, and the interest rate of housing loans lending out is 4 to 6 percent.
However, now that the central bank’s discount rate has increased to six percent, commercial banks are instantly unprofitable, and even the more they lend, the more they lost.
In just half a month, all commercial banks stopped handling housing loans in the entire small day.
In the past five years, due to the hot property market, Xiaokou has developed a large amount of real estate land.
This supply has far exceeded the actual housing needs of the people of Xiaori
It is only because of the continuous influx of capital into the small day property market, so the real estate market land in small days has maintained a continuous rise.
Now after Sanchong Yeyasu broke this balance with a heavy punch, the small day property market instantly plummeted.
By April 1991, house prices had fallen by 50 percent from their peak, and they continued to fall at an alarming rate.
Countless elites who invested their lives in the property market went bankrupt because they could not afford the mortgage, and they walked onto the roof in despair.
According to incomplete statistics, in just three months since the collapse of the property market, the number of suicides in small days has reached tens of thousands, and the divorce rate has increased by five times compared with last year.
The whole small life was paid a heavy price because of the collapse of the housing market, and the economy entered the Great Depression era.
In the reception room of the Lafitte Company on Wall Street in New York, the heads of the six major consortiums sat here respectfully, waiting for Lafitte to receive him.
At this time, the heads of the six major consortiums no longer got carried away at the celebration banquet that day, and one by one they were like funerals.
In the past three months, the six major consortia have suffered heavy losses.
Although they realized that they could not do anything, they disposed of all the real estate under their name as quickly as possible, but since it was a sell-off, the price was naturally extremely unsatisfactory.
The six major consortia not only lost all the money they earned from the property market in the past five years, but also lost a lot of their original capital.
At this time, the six major consortiums were in danger, but they did not dare to delay after disposing of the land and real estate, and flew to New York without stopping, hoping to reach a settlement with Lafitte.
If Lafitte takes advantage of this time to absorb a large amount of real estate land for small days, and then fulfill the agreement with the six major consortiums in August, the six major consortiums will only have one end, and the entire company will be taken away by Morgan Bank and used to pay the money…
In Lafitte’s office, Chen Wenjun was sitting indifferently on a chair chatting with Lafitte.
Lafitte smiled and asked, “BOSS, the people from the six major consortiums have been waiting in the office for three hours, haven’t we seen them yet?” ”
Chen Wenjun waved his hand and said, “Lafitte, what are we going to eat at lunch?” ”
Lafitte instantly understood what Chen Wenjun meant, and still wanted to hang them.
“BOSS, New York’s Chinatown is not far from here, you like to eat Chinese food, then let’s go to Chinatown to eat at noon today.”
Chen Wenjun nodded and said, “Okay, then let’s go.” ”
Lafitte immediately asked his subordinates to prepare a car and accompanied Chen Wenjun to lunch.
While Chen Wenjun was enjoying the food, the heads of the six major consortiums were miserable.
They were all young, and the youngest would soon be sixty.
A group of old men had been waiting for an interview at Lafitte’s company since the morning, and no one had been seen until one o’clock in the afternoon.
The six old guys had not entered the water and rice for a whole morning, and coupled with the huge pressure in their hearts, they were already a little unable to hold on.
Yasuda Kojiro said angrily: “Guys, Lafitte is too much, we are all people with status, he should not snub us so much.” ”
After the rest of the crowd listened to 3.6, they instantly looked at Yasuda Kojiro with an idiot’s eyes, and Yasuda Kojiro was hairy in his heart.
Kazuki Mitsui said with disdain: “Yasuda-kun, if you can’t wait, you can leave, isn’t Mr. Lafitte letting you leave the company, restricting your personal freedom?” ”
Yasuda Kojiro naturally won’t leave, but now he still can’t let go of the shelf of the financial closer.
Throughout the day, even the Prime Minister, Yasuda Kojiro, had to obediently come to his home to see him.
But now in Lafitte’s company, he has been starving all morning, and he has not even seen Lafitte’s figure.
Yasuda Kojiro said helplessly: “Your Excellency Mitsui, I don’t just mean angry words, why do you have to ridicule me so much?” ”
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