Chapter 122: Collapse

In 1789, on the day when the Bastille was captured, Louis XVI easily described the sentence "Today is not good", which means there is no special record today. On that day, Louis XVI went out to hunt and had a pleasant day, and the news of the fall of the Bastille was not a big event worthy of concern to him. Now thinking about it, this was related to Louis XVI's guillotine and was an important turning point in world history, but that day was more important for Louis XVI.

Similarly, for officials from the Ministry of Tripitaka Province, January 12, 1990, there was no good news. In their opinion, inflation was not serious, and the scale of large enterprises was expanding rapidly, which means there was no economic problem. It was just that the financial market was too active today. The Ministry of Tripitaka Province's fiscal policy was also very rough, and it was just constantly spending money. As for whether the fiscal revenue was meaningful and the expansion of the fiscal deficit, it was not within their consideration. At this time, Japan's Tripitaka Province did not have much cash reserves, and even if there was, they had no plan to save the stock market.

Of course, they did not realize that the decline of the Japanese stock market would then lead to serious consequences such as driving the decline in real estate. In the next 10 years, more than 13 trillion US dollars will evaporate, which is twice the huge amount of GDP in the United States. From a financial perspective, this is the largest asset evaporation in human history, rather than asset transfer. Because the Japanese economy is originally a huge bubble, imagine that the price of land in the 370,000 square kilometers of projectiles actually exceeds the total value of land in the entire American continent. There is no better explanation for what a real estate bubble is!

The house is still the same house, and the land is still the same piece of land. When the bubble is crushed, the value will plummet. Moreover, Japan has become the world's largest debtor country, with an average of US$120,000 in debt per Japanese citizen. If, on average, each Japanese citizen repays US$2,000 per year, it will take more than 60 years to pay off the debt. Of course, this is just a loss on the books, and it is just that the United States "kindly" helps them squeeze out the economic bubble.

...

At this time, a high-end Japanese restaurant in Japan was filled with luxury cars.

In the shop, a group of world financial elites respectfully surrounded a ceramic statue of a toad under the guidance of the boss's wife's tail. This toad is a magic weapon sewn on the tail. Starting in the late 1980s, this toad decoration magically became a magical object that can manipulate Japanese finance. In Japan, the toad is regarded as a creature with supernatural abilities. Like the raccoons and foxes in Japanese mythology, it can use magic tricks, especially money-related magic. It is said that it can also transform into a celestial girl and master ancient spells in China and India.

The ordinary-looking tail sat next to the toad and meditated, watching the president of the Industries Bank of Japan, director of Yamaichi Securities and other big names caressed the toad's head one by one, and then these elites collectively recited scriptures in front of many Buddha statues in the yard.

The tail seam has already had great experience in commanding this group of devout believers with the help of the power of the "Toad God". Since 1987, she boldly tried to deify the toad decorations in her home, and "transferred" her investment experience to senior executives of financial institutions such as Japan Industrial Bank and Yamaichi Securities in the name of the Toad God.

Because she was so lucky, with the opportunity of the Japanese economic bubble crazy expansion in the late 1980s, her "predictions" of the stock market, real estate and other fields were naturally accurate. In a short time, senior executives of many large financial institutions in Tokyo became devout believers of Toad God in her family. Moreover, from the afternoon every day, people worshiped God in her home and received the oracle as an imperial edict to operate stocks and buy and sell real estate in two days. In the late 1980s, the tail upper slit could almost control the direction of the Tokyo stock market, and the entire market fluctuated with the Toad God's oracle.

"Master, what news did the Toad God bring to us today?" asked Ryutaro Hashimoto, president of Industrial Bank of Japan.

At this time, the toad's "oracle" was sewn on the tail, and solemnly announced to everyone: "Be careful, don't be impatient! You can buy real estate company stocks and sell financial and securities stocks today!"

"Is that true? That means, the last time you instructed us to sell all the Sanhe Bank stocks we bought?" asked Toshihiko Yamao Securities Manager Gao Tang.

Ryutaro Hashimoto was quite enlightened, and his decision had completely followed Toad's instructions: "Yes! All 50 billion Sanhe Bank stocks must be sold!"

Sanhe Bank's total share capital is 200 billion shares, of which 25% of Industrial Bank Holdings became the second largest shareholder, and 10% of Shanyi Securities Holdings was the third largest shareholder.

...

On January 13, as soon as the Tokyo Stock Exchange of Japan opened, a terrifying order swept the market, buying a large number of blue-chip stocks and Nikkei futures, which brought the Nikkei index back to a position above 39,000 yen. The amount of funds is huge, and it is easy to investigate the source of funds. As expected, it was indeed from the Sanhe Consortium.

Sanhe Bank is preparing to retaliate against Zhang Bixuan for causing them a run crisis. Although the Nikkei Index has fallen sharply many times, it has been instantly pulled up by Sanhe Bank using huge assets of hundreds of billions of US dollars. As the core of Japan's monopoly consortium Sanhe Consortium, Sanhe Bank's capital has simply made the Japanese government's fiscal revenue less than half a cent. Last time, it was investigated for a run of US$5 billion, because they were not prepared. This time they were deliberately seeking revenge and immediately revealed the true strength of the monopoly chaebol with a century-old history!

Sanhe Bank's action is much more active than that of the Tripitaka Province, as if they were financial institutions of the Japanese government to save the market.

At this time, it was the peak period of the Sanhe Consortium. The entire consortium controlled hundreds of groups with fixed assets of more than US$3 trillion. The liquidity raised this time exceeded US$600 billion. Foreign capital, including Longteng Fund, could not compete with Sanhe Bank.

Zhang Bixuan couldn't help but say in surprise: "No! Sanhe Bank is crazy? Can he think he is the Japanese central bank able to print money?"

"They have caused us a loss of US$10 billion! Boss, do they need to mobilize more funds and fight?"

Zhang Bixuan hesitated for a moment and said, "If there is too much money, it will be more troublesome to enter and exit, so let's wait! After all, the US government wants the Japanese economy to pay for their financial genius! If the Japanese stock market does not collapse, we are not the ones that are most anxious!"

"If the situation is not good, I will consider selling the remaining pieces of land in Tokyo!" Zhang Bixuan said.

Now Longteng Fund has 9 billion working capital in Japan, but Zhang Bixuan himself has several villas left in the Imperial Palace area of ​​Tokyo. The villa he bought with investment of US$20 million is now worth more than US$7 billion. If it has not been sold in half a year, the villa of US$7 billion will depreciate to less than US$700 million.

However, one surprising event soon occurred! A large order of Sanhe Bank stocks of 5 billion shares was smashed out of thin air, giving Sanhe Bank a heavy blow. This was just the beginning, and then the continuous blow followed. The storm-like selling of Sanhe Bank continued to release Sanhe Bank's blood, equivalent to a USD 50 billion stock market value, and there was never such a crazy stock selling incident!

Of course, due to the large-scale sale of Sanhe Bank's stocks, the losses in the Japanese financial disaster were not as serious as Zhang Bixuan's memory in his previous life. Yamaichi Securities did not end up bankruptcy as in history, but afterwards, Japan's Tatsumatsu Province imposed heavy punishments on the two groups that caused the collapse of the Japanese stock market.

At noon, the latest news began to be played on economic news of various media.

Sanhe Bank's stock was jointly sold by the second largest shareholder, Industrial Bank of Japan, and Yamaichi Securities, the third largest shareholder, jointly sold Sanhe Bank's stock! No one knew that it was just because of a toad statue and a woman pretending to be a ghost, which could give Sanhe Consortium, one of the six major chaebols a fatal blow! The last straw in the Japanese stock market has been soaked in water and can no longer float on the water. The straw has sunk, and the Japanese stock market, which is destined to rely on this straw to save its life, finally collapsed!

This order directly suppressed Sanhe Bank's stock from USD 1.2 per share to USD 0.3 per share. When Sanhe Consortium showed its power in the stock market, it encountered a fire in the backyard, which made all the senior executives of Sanhe Bank's company vomit blood.

The stocks of other companies of the Sanhe Consortium, including Maruzen Oil Company, Hitachi Shipbuilding, Ube Hitoshi, Teijin Company, etc. were sold. If the Japanese stock market fell down like the first piece of the Bones, it would fall down in a row. It would be useless to only support the first piece. It must be found one by one and all of them can be helped to restore it to its original state. It is impossible that the consortium, like Sanhe Bank, had raised such a large amount of funds long ago.

When the senior executives of Sanhe Consortium require other non-listed companies to mobilize funds to protect the market for other listed companies in the consortium, most sub-affiliated companies have offered various reasons to say that there is no working capital and refuse to protect the market for the listed companies within Sanhe Consortium.

Although Sanhe Consortium is one of the six major Japanese consortiums, it is always laughed at by other consortiums as a mob because the senior rights institutions of Sanhe Consortium do not have strong control over affiliated companies and subsidiaries, and the cooperation between companies within the consortium is not close. The core members of Sanhe Consortium are weak in bonding and are called Miju Group; the power of heavy industrial enterprises and trading companies is weak, and only Sanhe Bank is their real core. If Sanhe Bank collapses, the consortium will even be in danger of being divided.
Chapter completed!