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Chapter 585 Japanese Real Estate Bubble

Coming to the mirror, George changed into the same form as last night, and the phantom appeared on the roof of the hotel, and he opened his arms and slowly flew towards the Marriott Hotel.

Looking down at the earth from the sky, everything seems small.

Those rich luxury cars and mansions, those beautiful handsome men and beauties, at this time, all seem insignificant. Like the pictures and videos in a picture book, they are distant and unreal.

But when George fell back to the ground, everything came alive again.

The lights are bright, the traffic is busy, and he is like a transparent ghost, shuttling between visitors. Like ghosts, like ghosts, in the downtown and hotels like no one.

In front of a suite on the twenty-seventh floor of the top floor, heavily armed security guards patrol the hallway.

Although the security personnel are not equipped with guns, most of these tall and stout men are serious retired special forces soldiers, and some have participated in real wars.

When they were armed with stun guns, pepper foam spray, telescopic batons, handcuffs, and even bayonets. In this narrow corridor, they are no easier to deal with than the policemen with guns.

What's more, they also carry well-trained police dogs. They paid close attention to the elevator and the entrance of the stairs, and did not let go of the slightest movement. In their opinion, under such precautions, even a fly will be detected by them. It is even more unlikely that anyone will be able to escape their sight.

Fortunately, all this is for "ordinary people", and George, apparently, is not among the ranks of ordinary people.

He was like transparent air, passing by these seasoned security personnel, even well-trained police dogs, at this time at a loss.

The door to the suite had been kept shut, but George had already appeared in the room.

Clean and tidy room, untouched, neat sheets, no one has slept on, and the fruit bowl on the table has not been touched.

The only special feature is a striking safe, which sits on the coffee table in the room facing the TV.

A slightly bald, gray-haired middle-aged man was leaning on the sofa, irribly using the remote control to switch one TV program after another.

He muttered as he switched channels over and over again, but what he said was Japanese.

George used a "literate language" to hear the man complaining.

“.... Wait here for three more days .... It's a nuisance...."

The man grumbled for a moment, then stood up again, and from under the coffee table, he found a few bags of bread with Japanese labels printed on them.

He tore open the wrapper of the bread and ate the mineral water with the same Japanese label on it.

The man looked at the bread in his hand with a little disgust, and said unhappily, "I have to eat these for the remaining three days, it's really unappetizing." ”

He reluctantly ate half of the bread, drank a little more water, leaned back on the sofa, and said in a sighing tone, "I really want to go home, I really want to eat the tonkatsu made by Ryoko." ”

With hopeful eyes, he looked at the safe in front of him and muttered quietly, "As long as you can sell it and get enough money, your daughter will be saved, and Ryoko won't be arrested to be an actress." ”

Listening to the words of the man in front of him, George slowly remembered the current scene in Japan, which is not at all unhappy.

At this time, Japan was at the height of the economic depression.

In 1991, the bubble in Japan's stock and property markets had completely burst. During this period, countless businesses closed down, leaving many people unemployed and unable to find new jobs.

Businesses and individuals that have indiscriminately expanded their leverage in the bubble and are burdened with huge debts have paid a terrible price for their madness. They must have tasted the bitter fruit for many years to come.

They accumulated debt at the height of the bubble and were unable to pay their debts after the bubble burst.

The extreme character of the Japanese makes it impossible for them to tolerate those who cannot afford to pay their debts. This is the most chaotic and crazy time in Japan.

Those who are in debt, in order to repay their debts, their wives and daughters are forced to shoot AV, men are forced to belly, and scenes of human tragedy are all staged repeatedly after the real estate bubble.

The whole thing is actually not bizarre, in a way, it is very similar to the era of later generations.

In 1985, Japan's export-oriented production model reached its peak. Japan's cheap goods are repeatedly impacting the whole world.

At this time, countries can no longer afford to have a powerful manufacturing industry like a flood of beasts. Japan's manufacturing industry has almost washed out, and local companies in developed countries around the world.

Workers in developed countries cannot compete with Japanese people who are stoic and hardworking, who die to make money and have no quality of life. Their manufacturing industry is in jeopardy under the impact of Japanese exports.

Workers from all over the world are protesting, Japanese people don't take holidays on weekends, don't go home from work, don't travel on holidays, and don't spend on weekdays.

Laborers all over the world have been beaten by the perverted diligence and cheapness of the Japanese.

In this case, the major developed countries gave Japan two options.

One is to raise tariffs, trade protection, and exclude Japan from the markets of developed countries. In the eyes of developed countries, the citizens of their countries are used to taking vacations and leaving work on time, and they cannot compete with the Japanese who want money and do not want to die in manufacturing.

Either the Japanese will change it themselves, and they will follow the holidays and get off work, or the Japanese will get out.

The other is the appreciation of the yen, which makes Japanese goods more expensive and makes people in developed countries reduce imports in order to protect the local industries of developed countries.

They also bewitched Japan that the appreciated yen could make the Japanese rich and allow Japan to invest overseas.

Seeing these tangible benefits, Japan decisively chose the appreciation of the yen while looking at the fists of developed countries.

The drama of the yen's appreciation got out of control in a short period of time.

The Japanese failed to control their greed and desires, and the Japanese underestimated the lethality of the sudden windfall.

Only then did the Japanese find out that they were not really perverted, cheap, and hardworking. It's not that they really don't want to spend, they really didn't have money before.

After the yen began to appreciate, the yen doubled in just three years.

This means that Japan's economy, for no reason, has doubled its GDP in dollar terms simply because of the appreciation of the currency.

The wealth of the whole country on paper doubled in three years. In this incredible, unprecedented situation of wealth growth, all the Japanese went crazy.

(To be continued.) Mobile phone users, please browse and read, a better reading experience.