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The money Xu Cun earned from Mitsui Bank was not from Mitsui Bank, at least not all of it, but from a group of depositors who deposited money in Mitsui Bank, coupled with the high interest earned by Mitsui Bank from Xu Cun, Mitsui Bank did not make money at most in this loan transaction, so Mitsui Bank, including Mitsubishi Bank, which was connected to Mitsui Bank, did not have much resentment towards Xu Cun. Pen ~ fun ~ pavilion www.biquge.info

Therefore, Mitsui Bank is willing to continue to cooperate with Xu Cun, who has a rich net worth. Well...... To put it in preparation, it should be willing to continue to make money from Xu Cun.

It is precisely because of this that seeing Xu Cun's expression of interest, the president of Mitsui Bank immediately said: "Our Japanese government is preparing to build a financial street, and intends to turn the financial street into a Japanese Wall Street, Xu Sang, I wonder if you are willing to participate in this project that will definitely make money?" ”

It is not an exaggeration to say that the prices and rents of the current property market in Japan are the highest in the world.

In the early 70s, in order to prevent Japan's economic deterioration after the 'Nixon Shock' (that is, the collapse of the Bretton Woods system caused by the abandonment of the gold standard by the United States), Kakuei Tanaka, then Japanese Prime Minister, put forward the "Plan for the Reconstruction of the Japanese Archipelago" in 1972, advocating a bold change to the torrent of urban concentration and spreading the vitality of the nation and the strong residual strength of the Japanese economy to the entire Japanese archipelago. The gap between urban and rural areas and between coastal and inland areas of Japan will be bridged through the nationwide reconfiguration of industry and knowledge intensification, the construction of new lines and highways throughout the country, and the formation of information and communication networks.

Subsequently, the Japanese government vigorously popularized modern infrastructure throughout the country, eliminated the gap between urban and rural areas, and comprehensively promoted property prices with the replanning of industrial and agricultural areas and highways and new lines (high-speed railways) as the core.

Without the intervention of external forces, the "Plan for the Reconstruction of the Japanese Archipelago" would be one of the most successful cases in the history of the world economy in which macroeconomic development was guided by the state.

It's a pity -

The Plaza Accord emerged.

As the Plaza Accord led to a sharp appreciation of the yen against the dollar, there was a massive influx of hot money from overseas, and more Japanese capital was freed from manufacturing, from housing prices to the stock market, from overseas acquisitions to financing and lending, the entire Japanese economy fell into a state of extreme frenzy, and land prices also rose sharply, initially in the Tokyo area, and then spread to Osaka, Nagoya and other cities. At present, it is not an exaggeration to say 'crazy' that the price of land in Japan has risen at a rate of 48.2 percent for commercial land and 21.5 percent for residential land this year, which is more than during the period of "reconstruction of the Japanese archipelago." Next year will be even more terrifying, with the price of commercial land in Tokyo rising by 61 percent and residential land by 68 percent. Compared to last year, the price of commercial land in Tokyo will nearly triple next year, and the price of residential land will more than triple. By the end of next year, the total market value of land in Japan will be 1,673 trillion yen, which is 2.9 times the total market price of land in the United States, which is 26 times the size of Japan.

By the beginning of the 90s, the market value of land in Chiyoda-ku, which was located in Tokyo alone, including the Imperial Palace, the residence of the Emperor of Japan, the Diet (Nagatacho), the Metropolitan Police Department, the Supreme Court (Supreme Court), and the Chuo Ministry Office (central administrative unit) located mostly in Otemachi, would be close to the total land price of New York State or a small European country. ”

In the mid-90s, Japan's economic bubble burst due to the sudden withdrawal of international hot money, and the risk of land-secured loans was also extremely risky, and major banks had to sell their land and real estate at low prices to recoup funds, so that the price of the Japanese property market at that time had plummeted by almost half compared to its peak.

However, at that time, property prices in Tokyo, especially in Chiyoda, were still outrageously high. Not to mention the financial street that is the center of the economy?

In other words, Mitsui Bank did bring Xu Cun a good project to make money.

Then why is Mitsui Bank so 'kind' to bring Xu Cun a project that is sure to make money?

There are four reasons for this:

First, the Mitsui Bank, including the Mitsui consortium behind it, does not have the strength to monopolize the entire Chiyoda Ward financial street project -- the financial street in Chiyoda Ward can be said to be Crouching Tiger, Hidden Dragon, and the Mitsui family is only one of the four major families in Japan, and the other three families are also working on the idea of this project, plus a number of oligarchs in the Japanese royal family, political circles, and business circles. How could the Mitsui family monopolize the entire pie of the financial street?

Second, the location of the branch of Baye Bank in the financial street of Chiyoda Ward is good, and no matter who develops the financial street in Chiyoda Ward, it cannot avoid Xu Cun.

Third, in recent years, Japan's economy has been too abnormal, and out of conservatism, the Mitsui Foundation also hopes to find a powerful institution to share the risks equally.

Fourth, Mitsui Bank can't give Xu Cun too much pie, and Mitsui Bank has to earn back the corresponding benefits from Xu Cun.

In fact, the president of Mitsui Bank directly stated the conditions: "We, Mitsui Bank, can fight for a piece of land of 1,500 square meters (three pings is equal to 10 square meters) for Xu Sang, the location is around the location of your Baye Bank, the difference in land price, you need to make up according to the market price, you can build a skyscraper of 40 or 50 floors." In addition, in view of the fact that Xu Sang's current economy is somewhat tight, we at Mitsui Bank are willing to provide you with a loan of one trillion yen for two years, with the same interest as before, and the collateral is ...... You can build skyscrapers in Koe and your skyscrapers in the financial street of Chiyoda-ku. To put it bluntly, Mitsui Bank forcibly lent Xu Cun 1 trillion yen to Xu Cun on the condition of introducing the project to Xu Cun for two years of interest.

The interest rate of borrowing one trillion yen for two years is not a small amount to anyone, but it is not unacceptable to Xu Cun compared to the profit and potential value that a skyscraper in the financial street of Chiyoda Ward.

Therefore, after thinking about it for a while, Xu Cun asked the president of Mitsui Bank: "Can you settle in US dollars like this time?" ”

The president of Mitsui Bank looked at Xu Cun and asked, "Do you think the yen will continue to appreciate in two years?" ”

Xu Cun said noncommittally: "I think the US dollar will be the most stable currency in the world for a long time to come." ”

Mitsui Bank, which had already suffered a dark loss, had already formulated a lending strategy -- in the recent years of currency instability, the money lent by Mitsui Bank would come from depositors who had deposited their money in Mitsui Bank. Therefore, even if the yen continues to appreciate, it will be the majority of depositors who have deposited their money in Mitsui Bank, and it will never be Mitsui Bank. Therefore, Mitsui Bank's loan to Xu Cun this time is a transaction that is sure to make money and not lose money.

It is precisely because of this that after listening to Xu Cun's answer, the president of Mitsui Bank repeatedly deliberated the pros and cons, and said, "Yes." ”

……

(To be continued.) )