Rebirth of the Financial Overlord

Chapter 85 Conductivity

How strong was Neon in 1991?

Very strong, number one in the world.

The per capita GDP exceeds that of the United States, and the total GDP accounts for 13% of the world.

The loose monetary policy makes the currency liquidity extremely sufficient. Note that it is abnormally sufficient rather than generally sufficient. There are too many yen, which is flooding, and the yen is still a strong currency in the foreign exchange market.

Such a yen has surpassed the US dollar to become the largest reserve currency of various countries.

What is a dollar?

It is the core factor for the United States to be the number one power.

Now, it has been replaced by the yen.

Is this a good thing?

If it is a superpower like the United States, it is naturally a good thing, but it loses the qualification of being the world's enemy for neon, which is no different from being put on the crater for barbecue.

Tokyo, Central Office of the Ministry of Finance.

Yasuno looked at the report in his hand and closed his eyes weakly.

The situation in Siberia is out of control, and now we have to make a final choice, we must reduce the amount of yen in the market, otherwise Yasuno Ichijo misses the time when he was young, and when he opens his eyes again, the yellow eyes Full of determination.

5.17.

The Ministry of Finance has decided to lower the housing loan ratio by 75%.

Public execution.

When the major media received the news and exposed it, the whole Neon was boiling.

Even people who don't understand economics know what this means. Seventy-five percent is almost equivalent to a complete cessation of housing loans.

On the streets of Tokyo, Umegawa Uchiku felt cold all over his body while holding the newspaper in his hand.

He knew he was done.

Restricting housing loans is tantamount to cutting off the source of funds flowing into real estate. Without continuous blood supply of funds, how can housing prices continue to rise.

No, it's not that it won't go up.

will crash.

Without the capital support of banks, who can afford the current housing prices.

Like crazy, Umegawa Uchiku ran towards the real estate agency.

Sell, sell.

To sell the house in your hand as soon as possible, at all costs.

As "The Crowd" said, the IQ of people in a group will be greatly reduced, so the upward or downward fluctuation of the economy will inevitably lead to a herd effect, and the final result is overcorrection.

When one person realizes that house prices are going to fall, countless people realize that house prices will fall.

When one person thinks of selling a house, everyone thinks of selling a house.

Tokyo, Osaka.

All the people who received the news rushed to the real estate agency like crazy.

Sell, sell the house in your hand as soon as possible.

Cursing and praying Under the unique belief of Neon, all the gods and ghosts in the sky are being chanted.

Anji is also a real estate agency in Chuo-ku, Tokyo.

A dense crowd surrounded the door of the real estate agency, including successful people in suits and leather shoes, working-class workers in work clothes, and market vendors in leather aprons who didn't even have time to change their water shoes.

People forgot humility, etiquette, and the education they had received since they were young, and their hearts were full of panic that they had never experienced before.

Sell, only by selling the current house can you survive, otherwise you will have nothing waiting for you.

Outside the crowd, Mei Chuan's inner cool sank to the bottom of the valley when he saw the dense crowd that couldn't squeeze through.

The only rationality told him that if so many people sell a house together, no one will buy that house, even if it is discounted and discounted, no one will buy it.

"Run for your life! Fang Nujun!"

"Run for your life! Don't let the mortgage break your waist."

Umekawa Uchiku smiled unconsciously and collapsed to the ground.

In the past, he satirized those ordinary people who were not even worthy of being house slaves, but now...

The market is conductive. When there is a problem in one market, its transmission mechanism will transmit the crisis to another market.

From 1955 to 1990, Neon’s share price rose a hundredfold. At its peak in December 1989, the market value of Neon’s stock totaled $4 trillion. Point five times.

How crazy?

It is close to 45% of the total market value of the global capital market.

Due to the rise of the stock market, a large number of enterprises can complete financing in the stock market, and their demand for banks is getting smaller and smaller. But this is very unfavorable to the bank, the assessment of the bank is the loan interest rate.

Then SMEs and individual businesses naturally become their target customers.

Banks are an integral part of the capital market. As a source of capital, customer quality is naturally the first choice. If you are poor, getting a loan is always a luxury.

Real estate developers are naturally the largest and most high-quality customers of banks.

From 1956 to 1986, the neon land price increased fifty-fold, and the price increase only increased four-fold. This means that there are no more hard-core companies than real estate developers, and no more hard-core high-quality customers than people who own houses.

Thus, from 1985 to 1989, the loan scale of Neon Bank expanded by 43%, among which the real estate loan doubled.

Statistics from the Ministry of Finance show that the inflow of real estate funds is 120 trillion yen, half of which comes from banks. In 1991, Neon's GDP was only 462 trillion yen.

This is the theoretical logic of the market transmission mechanism.

Osaka.

"BOSS. Today's newspaper!"

As soon as he arrived at the company, William rushed to Shen Jiannan's office with a newspaper.

"Yomiuri Shimbun", the largest newspaper in neon.

headlines.

Photo of Yasuno Ichijo.

Content, in order to curb speculation by speculators to stabilize the economy, the Ministry of Finance decided to lower the ratio of housing loans by 75%

After reading the newspaper, even Shen Jiannan couldn't help being happy for his indifference.

After waiting for so many days, the time has finally come.

However, this guy couldn't see anything on his face, and he casually returned the newspaper to William, he said indifferently.

"Look how excited you are. What a big deal!"

William blinked, the lack of excitement as he imagined made him confused for a while, and he said excitedly after waiting for a while.

"Boss, did you see clearly that the Ministry of Finance has decided to lower the mortgage ratio by 75%!"

"It's not like you don't know."

"It's different, it's public"

William didn't finish his sentence, how could Shen Jiannan not understand what this meant with his understanding of the market.

An uncontrollable awe arises spontaneously.

It is not only the awe of the strong, but also the awe of that heart.

Mount Tai collapsed in front of him without moving.

But there are few people in this world who can really do it.

In the exchange for so long, it's not that William has never met someone with more capital than Shen Jiannan. The most important thing in Nihong is rich people.

But no matter in the seats of Mitsui, Mitsubishi, or Chuyou, there has never been a person like Shen Jiannan who has not reacted at all in the face of huge wealth.

Perhaps, there will never be anything in this world that can move the boss.

"BOSS!"

Tokyo, Stock Exchange.

On the huge trading screen, a faint fluorescent light was reflected, and the floor traders and surrounding retail investors were all staring at the monitor in the central area.

In the market, there is no longer the hustle and bustle of the past, it is like dead silence, people's faces are full of contradictory colors of despair and hope.

Anyone can imagine what kind of changes such a big news will bring to the market.

At eight o'clock sharp, the stock market officially opened.

The Eastern Stock Exchange quoted 27,000, gapped and opened 121 points lower.

Sudden lack of inspiration recently, the weather is too cold, and your brain is frozen?

Everyone comment more, let Ben Pujie copy down the comments and have a look.

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