How strong was Neon in 1991?

Very strong, number one in the world.

The per capita GDP exceeds that of the United States, accounting for 13% of the world's total GDP.

The loose monetary policy has led to an exceptionally abundant monetary liquidity, note that it is abnormally sufficient rather than a general abundance, the yen is too much, it is overflowing, and the yen is still a strong currency in the foreign exchange market.

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

What is the US dollar?

It is the core factor that the United States can be ranked as the first power.

Now, it has been replaced by the yen.

Is this a good thing?

If it's a superpower like the United States, that's naturally a good thing, but for neon ...... Losing the qualification to be the enemy of the world is no different from being put in the crater for a barbecue.

Tokyo, the central office of the Ministry of Finance.

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

The situation in Siberia is out of control, and now the final choice must be made, the number of yen on the market must be reduced, otherwise it will ...... Ichiju Yasuno remembered the years of his youth, and when he opened his eyes again, his yellow eyes were full of determination.

5.17 number.

The Ministry of Finance decided to reduce the mortgage ratio by 75 percent.

Public enforcement.

When the major media received the news and exposed, the whole neon boiled.

Even people who don't understand the economy know what this means, and 75 percent is almost equal to a complete stop to home loans.

On the streets of Tokyo, Umegawa Neiku only felt a chill 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, and without a continuous supply of funds, how can housing prices rise.

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

will collapse.

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

As if crazy, Umekawauchi ran wildly towards the place of the real estate broker.

Sell, sell.

You have to sell your house as quickly as possible, at all costs.

As "The Rabble" says, the IQ of people in the group is greatly reduced, so the upward or downward fluctuation of the economy will inevitably have a herd effect, and the final result is overkill.

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

When one person thinks of selling a house, all people think 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 as soon as possible.

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

Chuo-ku, Tokyo, Anyoshiya housing agency.

The door of the housing agency is surrounded by a dense crowd of successful people in suits and leather shoes, working-class people in overalls, and market vendors in leather aprons and water shoes who have not had time to change.

People have forgotten humility, etiquette, and the education they have received since childhood, and their hearts are full of panic that there has never been in an earthquake.

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

Outside the crowd, looking at the dense crowd that couldn't be squeezed through at all, Mei Chuan's cool heart sank to the bottom.

The only reason told him that if so many people sold the house together, the house would only be unwanted, even if it was discounted and discounted, I am afraid that no one would care.

"Run for your life!

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

Umegawa laughed unconsciously and slumped to the ground.

Once, he also satirized those common people who were not even worthy of being house slaves, but now......

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

From 1955 to 1990, Neon's stock price rose a hundredfold, and at its peak in December 1989, the market value of Neon stock totaled $4 trillion, which is 1.5 times the total market value of the U.S. stock Dow Jones Garnasdaq.

How crazy is it?

Nearly 45% of the total market capitalization of the global capital market.

As the stock market rises, a large number of companies can complete financing in the stock market, and their demand for banks is getting smaller and smaller. But this is very bad for the bank, which is assessed by the loan interest rate.

Then SMEs and individual enterprises naturally become their target customers.

Banks are an integral part of the capital market, as a source of capital, considering the quality of customers is naturally the preferred target, and it is always a luxury to be poor and want to borrow.

Real estate developers are naturally the bank's largest and most high-quality customers.

Between 1956 and 1986, the price of neon land increased fiftyfold, and the price increase only quadrupled. This means that there will be no more hardcore business than a real estate developer, and there will never be a more hardcore high-quality customer than a person who owns a house.

As a result, between 1985 and 1989, Neon Bank increased its lending by 43 percent, including a doubling of its loans for real estate.

According to the Ministry of Finance, the inflow of funds into real estate was 120 trillion yen, half of which came from banks. In 1991, Neon's GDP was only 462 trillion yen.

This is the theoretical logic of the transmission mechanism of the market.

Osaka.

“BOSS。 Today's newspaper!"

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

The Yomiuri Shimbun, Neon's No. 1 newspaper.

Headlines.

Photo of Yasuno Ichiju.

In order to curb speculation and stabilize the economy, the Ministry of Finance decided to reduce the proportion of housing loans by 75 percent.......

After reading the newspaper, even Shen Jiannan's indifference couldn't help but be happy.

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

However, this guy couldn't see it at all, and he casually returned the newspaper to William, and he said lightly.

"Look at what excites you. What a big deal!"

William blinked, without the excitement he had imagined, he was a little confused for a moment, and waited for a moment before he became excited.

"BOSS, have you seen clearly, the Ministry of Finance has decided to reduce the mortgage ratio by 75%!"

"It's not that you don't know. ”

"It's different, it's public ......"

William's words were not finished, and with Shen Jiannan's understanding of the market, how could he not understand what this meant.

An uncontrollable sense of awe arose.

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 a few people in this world who can really do it.

has been on the exchange for so long, William has not seen someone with more capital than Shen Jiannan, and the most important thing in Neon is rich people.

But...... Whether it is Mitsui, Mitsubishi, or Zhuyou, 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 again.

“BOSS!”

Tokyo, stock exchange.

On the huge trading screen, a faint fluorescence is reflected, and the traders and retail investors around them are all staring closely at the monitors in the central area.

In the market, there is no longer the hustle and bustle of the past, as if it is dead silent, and people's faces are full of despair and hope.

Anyone could have imagined what kind of changes such big news would bring to the market.

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

The Topix quoted 27,000, with a gap of 121 points.