Reborn in Hong Kong: The Tycoon Grows Up

The purpose of this trip to Europe has been achieved, so there is no need to stay here any longer; all current plans and actions must be centered around Japan, after all, it is a gluttonous feast. In fact, Bao had never thought about whether to go to Japan in person; he finally decided to go because he still wanted to witness history with his own eyes.

What happened to this, which the Japanese call the beginning of the lost 30 years? Everyone is very curious, and Bao, the richest man, is certainly not immune. And although I was not a diaosi or an angry youth in my previous life, I still enjoyed seeing Japanese people being unlucky.

After all, we are here to harvest leeks, so we must keep a low profile when we should. Therefore, Mr. Bao did not announce his itinerary with much fanfare, and he had traveled to Japan many times before. He said that he was just a businessman, so it didn't matter even if the official didn't accept him.

Heiyun did not ask Black Cloud to arrange a reception this time. After all, they were harvesting the stock and property markets; it was only appropriate for Blackstone Fund to send someone over.

It is very different from when I first came here. Because of its American capital status, Blackstone Fund quickly established itself in Tokyo. After all, with its Wall Street background, it can still intimidate people. Nowadays, hot money from many countries in the world has entered the Japanese market; although the Blackstone Fund is not small, its proportion is not very high compared to the entire Japanese market.

In a villa on the outskirts of Tokyo, Clay Clark was already waiting for Bao Zixuan's arrival. I know the boss’s character, and his goal is too obvious now, so I didn’t go to the airport to join in the fun. In fact, it is impossible for many people to keep a low profile even if they want to. After all, where do they keep their identity, status, and wealth?

At the moment, Japan's economy is booming; it is normal for anyone to come to Japan. Therefore, no one will care. The most important thing is that they are busy people; making money is better than anything else, so there is no need to deliberately pay attention to those who have something or not.

Clay Clay maintained a good figure, and Bao Zixuan was still very satisfied with it. We can’t say that fat people are bad, but they definitely have poorer self-discipline. Add in stock and futures trading; it might not matter on a normal day. In special circumstances, continuous high-intensity work is required; if you are not in good health, you will not be able to persevere.

Bao Zixuan smiled and said: "Clay, long time no see; you gave me a big surprise. I didn't expect that after so many years in Japan, I am more energetic than before. I still keep exercising, which is good."

Making money can be known at any time through data, but the status of employees can only be understood by seeing it with one's own eyes. The work of Blackstone employees in Japan is relatively easy. After all, they are all long-term investments, and transactions do not need to be so frequent. Every year during the winter and summer vacations, my family would come to Japan from the United States; therefore, my childhood was quite enjoyable.

However, all expenses incurred by the family members when coming to Japan will be reimbursed by the company. Nowadays, Blackstone employees are all worth more than a million dollars, and they don’t care about that little money. But the company’s intentions will still be kept in mind. Therefore, I dare not neglect my work, and of course I know that one mistake will ruin my career.

Clay Clark smiled and replied: "When it comes to maintaining your body, always stay in shape; we all follow the example of our boss."

In fact, Bao Zixuan has done a good job in this regard, and even wrote it in the employee handbook. Except for engineering and technical personnel who accept special tasks, other employees of the company insist on exercising every morning when they get up. Appropriate subsidies are provided, and employees are still highly motivated.

Moreover, he also takes good care of himself. Apart from drinking some wine, he doesn't have any bad habits, so his figure has never been out of shape.

Now that employees say it directly, it always feels a little weird; I didn't expect American employees to say this, and I really don't know what to say. After all, he didn't know whether this was a good thing or a bad thing.

Bao Zixuan smiled and said: "Clay, you are a bit impatient. Please report to me the relevant situation and the next action plan."

As the boss, Bao Shoufang rarely participates in the specific affairs of the company. In his words, a layman must have a layman's awareness. But I am still very curious about the imminent collapse of the Japanese economy. That's why I decided to come and look around in person. At the same time, it would be easier to explain to outsiders if they ask in the future.

With a look from Clay Clark, a young employee immediately stood up and turned on the projector.

The young employee said very seriously: "After the 1950s, Japan's economy recovered rapidly. Everyone knows that this is the help of the United States to Japan. Of course, it is also the policies implemented by the Japanese based on their own national conditions to speed up post-World War II construction."

"Because Japan is an island country with a small area and small demand, the Japanese economy relied on export trade at that time. Japanese companies' exports increased significantly, especially the manufacturing industry, which became the main national economy and became the second largest GDP in the world in 1968. position, which shows that its economy is developing rapidly.”

"Japan is a capitalist country, and these are the two major camps in the world, which provide conditions for economic and trade between Japan and the United States. Therefore, its export target is mainly the United States; in addition, there are two reasons. First, Since the 1970s, the Japanese government has gradually supported real estate. The Japanese economy has entered a stage of rapid development, which Japan calls a period of high growth. Second, after the 1980s, the global stock market has shown a good situation, which has provided a good foundation for the development of the Japanese stock market. Brings room for growth.”

"At present, the United States has taken control of the world economy and has become the world's big brother; it has linked the U.S. dollar to gold, giving the United States a dominant position; but in the face of Japan's long-term maintenance of huge trade exports and the long-term U.S. trade deficit, the United States cannot sit idly by. Therefore, for the sake of its own interests, the United States hoped to increase the competitiveness of product exports through the depreciation of the dollar; so in 1985, it reached the Plaza Agreement with Japan, Germany, France and the United Kingdom at the New York Hotel."

"After that, the yen began to rise rapidly, from 1 US dollar = 240 yen to 1 US dollar = 120 yen. Japan's domestic economy rose significantly, and the Japanese government greatly reduced interest rates in order to support companies to continue to export high amounts; let banks Loans to enterprises have resulted in oversupply and excess products. In a sense, the current economic recession in Japan is due to the appreciation of the yen. However, due to rapid economic development, the stock market and real estate market are booming, and the people You can’t even see it yet!”

"Due to the rise in Japan's exchange rate and the above-mentioned problems, there has been a speculative boom in Japan, especially in the stock trading market and land trading market. According to data, on the day the Plaza Accord was signed, house prices in Tokyo skyrocketed, even reaching 15 per square meter. Ten thousand yuan, land prices increase at an annual rate of 15%.”

"What is even more incredible is that the Japanese are influenced by the fact that land will not depreciate in thinking. They believe that Japan is the economic center of the world. They often use the slogan that Japan is the number one in the world; to make the whole people feel that the Japanese era is coming, that is, Guide people ideologically to engage in economic activities. This is a very dangerous signal. I really don’t know what the Japanese government is considering!”

"The government also supports continued consumption. More and more people are investing their property in real estate, and land prices have begun to rise. Real estate prices have begun to stimulate the increase in land ownership, stimulating people's desire to consume; further increasing domestic consumer demand, further stimulating economic development ; Promote the development of real estate, but there are also negative impacts."

"The Japanese are crazy about real estate right now, believing that house prices can only rise but not fall; many people will even take loans from banks to buy houses. According to surveys, people in Tokyo are currently spending hundreds of thousands just for a house, just to compete for house prices. Value-added profits; human nature will be exposed in the face of interests.”

"Many real estate companies will even ask for help from underworld forces, causing a lot of land to be concentrated among one person or a group. This will inevitably lead to some people having no house to live in, which will pave the way for social problems and social conflicts."

"In 1987 alone, land prices in Ginza rose by 40%, and house prices in Tokyo also rose by 53% in the same year. This year, the income of various industries in Japan will reach an unprecedented high level, bringing the Japanese economy to its climax; but this also means that There will be a crisis in the Japanese real estate market."

"Any commodity has a value. The price exceeds its own value because investors value the future of the commodity; but after all, there is a limit. Therefore, I think the boss's previous operation of selling Tokyo real estate and Japanese corporate stocks was very correct. After all, our basic market It is too big, and if it is not dealt with early, it is likely that some real estate and stocks will be left in the hands in the end.”