Chapter 684: An International Financial Feast

Since the 80s, Japan's economic strength has gradually increased, driven by the automobile, electronics, integrated circuit and other industries. Pen? Interesting? Pavilion wWw. biquge。 info

By the end of the 80s, Japan's automobile industry had dominated the world, Japan's industries had blossomed everywhere in Western Europe and Latin America, and almost all countries were forced to fall under Japan's powerful economic strength -- Japan's unusual economic boom that began in December 1986 was called the "Heisei boom," and the Nikkei index continued to rise from 12,000 points in 1985.

In the stock market turmoil of '87, Japan's stock price was the first to recover after a short-term decline, which led to the recovery of the global stock market.

Since then, Japan's stock price has been rising strongly, and has now reached nearly 39,000 points, more than three times higher than the lowest point in '85 and 1.6 times that of Japan's GNP in '85, and its per capita GNP has surpassed that of the United States to become the world's first, Japan's GNP in the world has also risen from 6.4 percent in 1970 to 13.7 percent, and its net external assets have reached more than $380 billion, ranking first in the world.

In the face of Japan's economic boom and the soaring stock market, countless people are fascinated and have devoted themselves to the Japanese stock market.

In the process, there are indeed quite a few people who have made a lot of money from the Japanese stock market and have become rich -- not to mention others, Xu Cun alone has made more than $10 billion from the Japanese stock market after the '87 stock market crash.

However,

Will the U.S. really let Japan's economy threaten its position?

In the words of US Treasury Secretary Summers during the Clinton era: "An Asian economic zone with Japan at its peak has created fears among most Americans, and Japan poses an even greater threat to the United States than the Soviet Union." ”

Four years ago, the "Plaza Accord" signed by the finance ministers of the United States, Britain, Japan, Germany, and France at the Plaza Hotel in New York was aimed at making the US dollar depreciate against other major currencies in a controlled manner -- in fact, it was also the first stab taken by the United States against the Japanese economy.

Two years ago, when the New York stock market crashed, US Treasury Secretary Baker put pressure on Japanese Prime Minister Nakasone to continue to lower interest rates, and soon the yen interest rate fell to 2.5 percent, and a large amount of cheap capital poured into the stock market and real estate, with Tokyo's stock growth rate reaching 40 percent and real estate even exceeding 90 percent. Today, the Tokyo stock market has risen by 300 percent in three years, and the total value of real estate in one area of Tokyo has even exceeded the total value of real estate in the United States, and a huge financial bubble has begun to take shape -- this can be regarded as the second blow that the United States has made to the Japanese economy.

If there were no external destructive shocks, Japan might have gradually achieved a soft landing with moderate austerity, but what Japan did not expect was that the United States would have struck a third and most fatal blow to the Japanese economy -- countless large banks headed by Goldman Sachs in the United States began to short the Japanese stock market two months ago, and a large number of small and medium-sized investment banks in the United States followed suit, and both sides gambled on the direction of the Nikkei index; if the index fell, the Americans would make money, and the Japanese would lose money, and if the index rose, the situation would be the opposite.

This is an international financial feast, as one of the largest bankers in the world, how could Xu Cun not participate in it?

Moreover, Xu Cun not only participated, but was also the earliest and most ruthless -- as early as four months ago, Xu Cun asked the Mitsubishi consortium to act as a guarantee, and signed a leverage contract with more than a dozen banks in Japan with an average of 35 times, and then Xu Cun asked Yuan Tianfan and Mei Aifang to go to Japan with a team and $5 billion to short sell the Japanese stock market. (At the same time, Xu Cun also asked He Chaoqiong and Li Zhi to take the team and 10 billion US dollars to Taiwan to short sell the Taiwan stock market - because they have not set foot in Taiwan for five or six years, Xu's power in Taiwan is relatively weak, so the highest leverage that He Chaoqiong and Li Zhi can get in Taiwan is only 15 times on average, and it is not even 10 times on average, so Xu Cun prepared 5 billion US dollars for He Chaoqiong and Li Zhiduo.) )

Yesterday, the US Government strongly criticized the long-standing practice of closed trading in the Japanese stock market and the practice of mutual shareholding within enterprise groups or in the same industry.

1. Lowering the shareholding standard for banks in Japan from 5 percent to 2 percent;

2. Abolish the restriction that general trading companies may not hold shares in manufacturing enterprises;

3. Strengthen the restrictions on the shares held by subsidiaries of the parent company.

This trick of the United States hides infinite killing, and directly points to the source of the long-term rise in the Japanese stock market.

The mutual shareholding of companies is a major feature of the Japanese stock market and one of the reasons for the long-term rise of Japanese stocks, and if Japan adopts the United States' request to abandon the practice of cross-shareholding of companies, the number of shares entering the market will increase sharply, and the stock price will fall sharply.

In Japan, stocks held by companies are generally held for a long time and are not easily sold due to the rise or fall of stock prices, so stocks held by companies are generally not listed and circulated.

In particular, the demand for Japanese banks to reduce their holdings of corporate stocks is very sinister -- in Japan, banks hold a large number of stocks, and once they hold them, they will hold them for a long time and will not sell them easily; after a long period of great bull market, the profits on the stocks held by the banks are very huge, and once the banks sell off the stocks, the Japanese stock market will inevitably collapse.

Therefore, these three demands of the United States are enough to cause a sharp decline in the Japanese stock market.

This morning, these US demands began to appear on the front pages of Japan's economic media, which put a lot of pressure on the Japanese stock market, making investors know that the United States did not want the Japanese stock market to remain high for a long time, and investors' confidence in holding Japanese stocks began to waver, and some investors who were keen about Japan-US policies were even ready to sell their stocks.

In other words, the Japanese stock market crash is imminent.

Iwasaki Masakazu's call to Xu Cun meant that he wanted Xu Cun to personally come to Japan at this critical moment -- this would help stabilize the hearts of those Japanese banks that provided Xu Cun with ultra-high leverage, so as to avoid accidents.

Actually,

Iwasaki Masakazu asked Xu Cun to come to Japan to personally sit in charge - Iwasaki Masakazu hopes that Xu Cun can help him stabilize the core personnel of the Mitsubishi Group, even including his own heart!

This time, the Mitsubishi Group invested more than $3 million (the Mitsubishi Group did not use ultra-high leverage like Xu Cun to gamble) - it is no wonder that they are nervous, after all, they are not as prescient as Xu Cun!

At any time, Xu Cun clearly knew that the main reason why he could enjoy the blessings of Qi people was because he had unparalleled wealth and power, so although Xu Cun wanted to get Zhu Yin and then go to Japan, considering the importance of this incident and the Mitsubishi Group to him, Xu Cun still flew to Tokyo on his private plane on the evening of November 24, 1989, that is, the night Zhu Yin left crying.

……