The financial turmoil has spread widely and lasted for a long time, Thailand, Indonesia, Malaysia, South Korea and other countries have been unlucky, and the government is not a fool, and it must be extremely vigilant in their hearts - the people of this country do think that they are all a bunch of foolish politicians in power, but the basic IQ of these politicians is still there, so it is natural to prepare early.

This is the proper meaning, just as the government of the XG Special Administrative Region of China has prepared 96 billion US dollars of exchange funds and land funds to deal with international speculators, the government has also begun to gather funds, the first phase of preparation for 80 billion US dollars, and then look at the situation, if necessary, even if it is prepared to 200 billion yuan, it will be difficult to beat the bad guys away, but so many highly liquid funds, it is difficult for the government to come up with it for a while- The fact that the country is rich does not mean that the government is also rich, even a country like the United States with an annual output value of nearly 21 trillion US dollars, and the government can vomit blood urgently if it spends 200 billion US dollars to do things.

Of course, it can still be taken out by hard excavation, no matter which country's government is best at borrowing money, such as the debt owed by the government, it can only be repaid without eating or drinking for 20 years, but it doesn't matter if you borrow new ones every year to pay off the old ones.

So the government asked the major banks to help, whether it is state-owned banks or private banks must fulfill their obligations to subscribe to bonds, that is, to lend the money to the government to use first, and then repay them when it is used up, after all, there are no eggs under the nest, and no one can think about it if the economy really collapses, but the major banks together said that they have no money - sorry, we want to do our duty, but we can't.

The Prime Minister's Office was very dissatisfied, suspecting that these guys were planning to learn from the Thai people's bank, and the state-owned assets in front of the war against international funds, and the private capital in the rear played a robbery while the fire was in place, so they began to verify, and after verification, they were stunned to find that these guys really had no money - they had land and houses, and they looked like they had huge capital, but they couldn't get much liquid funds.

This is the after-effect of the bursting of the bubble economy a few years ago.

It is a mountainous country with limited arable land, and for a long time, he has only experienced a rise in land prices, so land is considered to be the most valuable investment in Yueben, and for banks at that time, as long as there is land as collateral, borrowing money is not a problem.

But all this is different after the bubble economy bursts, the price of land plummets, almost cut off, the land in the hands of the bank is equivalent to dead debts and bad debts, and at this time there is almost no choice in front of the bank - they choose to boil, wait for the real estate price to rise, as long as the real estate price rises, they are still a good man, so they cover up the problem.

At the same time, they don't want any scandals in the banking industry, which will not only hit the public's confidence in the banking industry, but also pull out a large number of rats, so they acquiesced, pretending not to know, pretending not to see, and also looking forward to the recovery of real estate prices - this is the consistent urine nature of the book, but it is precisely because of this that the Ministry of Finance was deprived of the right to review and supervise the banking industry in 99 and transferred it to a reorganized department, the Financial Services Agency, which was born in the Prime Minister's Office.

Now it's time to hide it anymore, and the first unlucky ghost to be exposed is Kansai Nagashin Bank, which is ranked nineteenth in the world and ranked fourth.

According to the records of the Ministry of Finance, last year's bad debts were US$1.92 billion, and the capital adequacy ratio was 8.92%, which seemed to be very financially healthy, and the profits were enough to write off the bad debts, but after a detailed investigation, it was found that the actual bad debts of Changxin Bank were US$8.21 billion, which had already been overwhelmed and fell into a turnover failure.

After the truth was revealed, in just six trading days, the share price of Kansai Changxin Bank fell from more than 100 yen per share to 50 yen per share, and nearly two-thirds of the market value was quickly evaporated.

The president publicly apologized, bowed to the camera for 15 minutes, and then asked the government to nationalize the bank.

At the same time, all of Changxin Bank's business outlets throughout the bank were closed in response to the run.

This is already a shocking event, however, this is only the beginning. October '97 was the darkest month for the banking industry.

Changxin Bank ceased operations and requested state assistance;

Two days later, the president of Changxin Bank was ordered not to leave his home so that the government could determine whether it was a crime to conceal bad debts;

Immediately afterwards, the Hokkaido Development Bank, which ranked tenth, ceased business, and a number of high-level officials were questioned, and at the same time, the major banks began to collect funds in an all-round way.

Three days later, the Chunshan Bank Alliance announced its dissolution, and its fourth largest securities company, Chunshan Securities, announced its collapse. Immediately afterwards, a number of urban banks such as Takagi and Yuanhai announced that they would cease operations, and hoped that the state would come forward to stabilize people's minds to avoid a large-scale run.

……

In just over a week, countless years of abscesses have been turned over, and the farthest can be traced back to the early eighties, which has attracted the attention of countless people, as for "O'Ukie" whether to participate in the academy awards, the scolding of Chihara Rin and the Broadcasting Academy is even more popular - political and economic news is boring, and the people don't care about it at all on weekdays, but if something really shocking, entertainment news will naturally stand aside.

Chihara Rin was also dumbfounded, and finally understood why he was so vulnerable in the financial turmoil - it was not a small country such as Thailand, Malaysia, Singapore, and South Korea, it was a large economy ranked among the top in the world, and it once competed with the United States for world economic hegemony, and the capital was quite abundant.

Anyway, it has to be like the XG Special Zone Defense Battle in Huaxia, and fight vigorously, right? Why is it cold without any movement?

Now he finally understood, it turned out that the roots had long been rotten, and he couldn't see anything on weekdays, and the trees were lined with lush branches and leaves, and they were thriving, but when the typhoon blew, the trees naturally fell in pieces, and non-human beings could stop them.

Guan Zhong can't save this in the next life, it seems that there is a providence in the dark.

Although Rin Chihara knew that this would happen, he really didn't expect it to happen like this, and he didn't care that the heat of his news was fading, and he just looked at all this with a cautious and surprised gaze.

Not many people have the opportunity to see this kind of thing with their own eyes......

The number of homeless people on the roadside and in the park began to increase again, and there were long queues in front of the employment center, and countless people waited in front of the bank early, hoping that the bank would open, regardless of whether the bank had problems with its operation, and wanted to withdraw their money quickly, but the bank was tired of coping, persuading in every possible way, and suffering unspeakably.

The market is even more depressed, and the factory company has started a new wave of closures.

As far as Kansai Nagashin Bank is concerned, it is the financing core of more than a dozen super-large enterprises, involving hundreds of large and medium-sized enterprises, and more than 2,000 small factories and enterprises.

Salary cuts, dismissals, and even forced layoffs have become commonplace, and what was once condemned suddenly becomes a matter of course, and people are beginning to cherish their money extraordinarily, and any consumption begins to need to be considered more.

At this time, international travel funds have just begun to attack the exchange rate of the capital.

The journey to the bottom of the economy suddenly began.

…………

"Chihara-sensei, please!" The head of the credit department and the loan officer of Meguro Kazama Commercial Bank fell to the ground and slammed their heads desperately on the floor: "Please...... Please help us, really please!"

Kazama Bank is a medium-sized commercial bank, and it is also quite influential in Meguro Ward, and it is natural that the head of the credit department who can work here is an honor student who graduated from a prestigious school, similar to Murakami Iori's identity in the TV station, and is a backbone elite member trained by the bank, so it is not an exaggeration to say that the future is bright.

But at this moment, it is the uncle who owes the money, and they can only beg for money - in order to live a small life with Ningzi, Chihara Rin spent nearly 500 million yen to buy a big mansion, and then mortgaged it to the bank and lent more than 400 million yen to speculate in foreign exchange.

In the past, of course, the bank didn't care, Chihara Rin people had land and real estate as collateral, and they could repay the bank to eat high loan interest, and it didn't matter if they didn't go to the bank, it didn't matter if they didn't go to the bank, and it would be more profitable to sell the land and house - the bank knew that real estate prices were still slowly declining, so they reserved a certain range, and felt that they couldn't halve the house price again, right?

But this kind of trivial thing seems to be really going to happen, winter is coming, the stock market and housing prices are the fastest, and the collective begins to fall, who can't say where it will fall, the bank is afraid that Chihara Rin will turn his face and the house will be lost - the bank now needs more liquid funds, rather than real estate that cannot be sold in a short time.

Banks are in dire need of money!

"We know this is a rude request, but if you can, can you consider repaying the loan early?" The head of the credit department of the Meguro Kazama Commercial Bank can also be a bit of a cadre, lying on the ground as if he wanted to smash his head out of a pit, and he still spoke fluently after smashing it more than a dozen times: "If you can repay the loan in advance, the branch will feel a sense of guilt." ”

Chihara Rin sat there and scratched his head a little, of course the people from the bank knew where his house was, and they came to harass Ningzi every day, Ningzi had to call him back, and these two people knelt down after saying a few words, and began to smash their heads on the floor to make him pay back.

Although it is natural to repay the debt, but he used the money to speculate on foreign exchange, and now there is no money to give them - there is a contract between the two parties, and he still has more than two years before the repayment period, and the bank has to ask him to repay it in advance, which should be considered vexatious.

Banks are really an industry that borrows umbrellas on sunny days and collects umbrellas on rainy days, no wonder they are so hated.

Chihara Rin is not used to people kowtowing to him, but he can't bear it, and he stretches out his hand to help him, but if he can't help him, he can only say: "Wait a minute, my financial advisor will come over soon, and you can talk to him then." ”

"If you can pay your mortgage early, we can be interest-free. ”

The bank has also made a lot of money, which is equivalent to taking money for nothing and letting Chihara Rin use it for nearly a year, and Chihara Rin doesn't want to worry about it, and he doesn't know much about it, so he thinks it's better to let professionals handle it, and sighs: "Wait a minute, it's better for you professionals to discuss professional matters." ”

The people in the bank are only perfunctory when Rin Chihara, and they don't want to pay back the money at all, after all, whoever pays back the money at this time is a fool, but the bank needs money, and now a large number of banks are found to be misoperated, and almost all of them have concealed bad debts, which makes the credibility of the bank have been greatly questioned, and countless people want to take the money away and put it in the closet, and they can't stop it.

As long as banks want to survive, they will need liquidity to survive this run and the subsequent deterioration of the economic situation.

What the government can't count on for a while, the government itself owes a lot of debt.

Now the important thing is to live, and the head of the credit department made a decision in an instant, and said according to the previous order: "If you are not satisfied, we can also reduce the principal, how about 5%?"

For the bank, there is nothing more precious than cash now, and it is acceptable to lose a part of the principal for this, and Chihara Rin was stunned, not only does this loan from the bank not only do not have to pay interest, but can it be repaid less?

His expression became a little serious, and he asked seriously, "Your bank is in a bad situation now?"

He saw that the situation in the market was very bad, and it was also seen from the news that the economic situation was deteriorating rapidly, but what was the situation inside the bank, he did not understand it so clearly, after all, the interlacing was like a mountain, and the head of the credit department had nothing to say about it, because the situation was really bad, so he could only smash his head on the ground again: "How about reducing the principal by 7%?"

It doesn't matter if you can bring back 372 million yen, every yen is precious to the bank now, and Rin Chihara is already the best object of intercession, like a corporate factory, and now forcing them to pay money is equivalent to forcing them to go out of business.

Rin Chihara instantly understood the bank's determination, and also understood that the current situation was really bad - he was not a banker, and he had never seen a run, so he could not understand the bank's fear of a run.

However, it cannot be said that the choice made by the bank is wrong, and after a while, he is afraid that the house will only be worth 278 million yen, and if he wants to appreciate back to 400 million yen, he is afraid that it will take another seven or eight years.

Now the bank can change to 372 million yen for seven or eight years if it loses 28 million yen, which should be regarded as earning, but he doesn't want to meddle in this matter, this is Shintaro Yasuda's job, and he is directly noncommittal - in fact, he doesn't want to pay it back, now is a good time to make a fortune, and if he pays back the money, the bank will not make up for him if he makes less money.

The people in the bank only thought that he was unwilling, and he didn't need to say anything to make the price step by step, which felt like he had changed his career to become a charity, at least more like the Red Cross:

"10% can you agree?"

"How about 12%?"

Chihara Rin shook his head and didn't say anything more, and after the credit section chief called for a 15% reduction, he didn't dare to call anymore, this was his maximum authority, and he couldn't pay back if he reduced it more, so he began to stumble there again, begging bitterly - they all said that the banker was a vampire, but a vampire was not easy to do!

Soon Shintaro Yasuda arrived, who was currently staying in Tokyo to prepare for a "national disaster", and was particularly respectful when he saw Rin Chihara.

It's not okay to be disrespectful, Rin Chihara has made a lot of "national hardships" in several countries, especially in South Korea, where his assets have swelled nearly seven times, and his current net worth has exceeded 27 billion yen, and one person can top a medium-sized listed company.

What's more, all the assets in his hands can be turned into cash in an instant, and most medium-sized listed companies can hardly come up with so much liquidity - from this point of view, Chihara Rin can even say that one person can top a large listed company.

And this is not over yet, the main funds of the people of Chihara Rin have already been transferred back to the book and laid out the game, and I think it can be expanded several times again in the future.

Therefore, this can't help but be disrespectful to Yasuda Shenburo, he knows the power of wealth, and it is even a little difficult to understand why Rin Chihara still wants to stay on the TV station, if he had been replaced, he would have found a group of women to live a life of drinking and drinking.

He quickly figured out what was going on, and he didn't take it seriously, and now three or five billion yen is nothing to Rin Chihara.

He directly forcibly took the people from the bank away, and Chihara Rin didn't care much, whether to repay the money in advance was up to Shintaro Yasuda, after all, it was his financial advisor, I believe he would make a professional judgment - he only asked for one, strictly forbidden the bankers to come to his house to kowtow again, let alone harass Ningzi.

For him, even if this matter is dealt with, he muttered there for a while, feeling that Ben was really going to be unlucky this time, and medium-sized banks were like this, and he didn't know whether the large bank would be good or bad.

However, he didn't think it was his business, and after thinking about it for a while, he left it behind, and was about to go to eat a luxurious meal carefully made by Ningzi, but he didn't take a few steps before he received a call from Iori Murakami:

"Chihara, watch the evening news. ”