Chapter 435: Kei Fujiwara's Lecture on Economics

The idea of setting up a new animation studio was finally discussed. Due to Keiichi Otomo's delay in making a decision, Kei Fujiwara didn't bother to talk to him, and directly handed over the matter to Yoshida Kashi.

And Yoshida Kashi is obviously more old and spicy than Fujiwara Kei when facing these people. When meeting with Keiichi Otomo and other people who can talk, he is polite and polite on the surface, but secretly belittles the other party as useless, and points out that the new studio that Keiichi Otomo wants to build will need a lot of money and personnel to develop back to the level where it can produce independently, and they cannot do it on their own in a short period of time.

And it is extremely rare that Shui Wave Productions is willing to respect their creative ideas without interfering too much, so to some extent, Shui Wave Productions is their best choice.

After grinding for a long time, it was finally settled. Shuibo Productions has invested in their new studio, with a 35% stake, making it their largest shareholder.

In addition, more than 60% of the shares are held by their internal members, and Keiichi Otomo is the most assertive, senior, and capable of all of them, and this time he has invested all his income in the formation of the new studio.

30% of the shares, and the rest is divided equally among several other people. They own more than 50 of the shares, and if there is a difference of opinion between Fujiwara and them, under normal circumstances, it is only Fujiwara who can make concessions.

Yoshida Kashi is dismissive of this, because for this studio, no party has more than 64% of the shares, so there may not be no opportunity to be anti-customer-oriented.

64% is the absolute holding line, and only by holding so many shares will you not lose control of the organization due to equity dilution and other reasons.

Although the overall shareholding of these people exceeds this amount, these people are not a family, so their interests are not so solid, although they now look like Jin Jian's revolutionary comrades, but once something happens in the future, the relationship between these people will change instantly.

"The united front is temporary, and the split opinion is long-lasting." Yoshida Kashi, who has been a veteran director for decades, said.

Something has changed...... Speaking of this, Fujiwara Kei was suddenly reminded that speaking of changes, around 97 years ago, this book is about to usher in a big change, even the world is not surprised.

During this time, Kei Fujiwara has been following international news, and he feels that the storm will definitely recur in this world.

So during this time, he has been running non-stop in the securities exchange market, and has already cleared many stocks involved in export trade, as well as stocks in Asian markets including Thailand, South Korea, Malaysia and other places, and at this time, there is nothing more reassuring than holding cash, especially the US dollar, in his hands.

"Yoshida-san, are you still playing with stocks now?" Kei Fujiwara and Yoshida Kashi were having breakfast at a coffee shop, flipping through the newspaper while pretending to be nonchalant.

"Well, I'll play some, but it's all spare money." Yoshida said.

"That's good......" Kei Fujiwara said, taking a bite of the croissant.

"Huh?" Yoshida Kashi heard a certain extraneous meaning in Fujiwara Kei's words, and couldn't help but raise his head and look at him, he knew that Fujiwara Kei was well versed in the way of investment, and almost all the stocks he bought made more money and lost less, and he had an extremely vicious and even advanced vision of the market.

Spare money is also money, Yoshida Kashi is starting to be a little concerned, and spare money or something...... It's just Yoshida's excuse, and the so-called spare money is actually a lot of money.

So Yoshida Kashi pulled a chair closer to Kei Fujiwara, buttoned his fingers on the table, and said with a smile: "President Fujiwara, is there any news?" Let's hear it. Fujiwara folded the top half of the newspaper and said with a smile: "I'm not a bank clerk, so there's no rumor." ”

"Then it's intuition again, your intuition has always been accurate, tell me about it." Yoshida asked for advice very humbly.

"It's not an intuition, it's not a personal opinion...... What a certain person in the banking industry said to me, I think it makes a lot of sense, and I will tell you about it. Kei Fujiwara said, making up a non-existent figure.

"The countries of Asia, even those that have developed extremely rapidly since the 80s, are essentially carved out of a template. Low, industrial production is mainly exported, but the people of the country do not have enough wealth to consume, domestic demand is seriously insufficient, and they rely heavily on exports. After making money, they do not carry out industrial upgrading in time, repeating low-end industries...... Problems arise when a crisis erupts and exports are sluggish and goods cannot be absorbed through domestic demand. This is the first pitfall. With that, Kei Fujiwara picked up the sandwich in front of him and took out a slice of bread and put it on the plate.

"After the 80s, many countries expanded investment, although it led to a certain degree of economic growth, but also gave birth to a large number of bubbles, causing inflation, hurting the economy and causing turmoil. Investing aggressively will attract an influx of international hot money, which gives hot money the opportunity to go short. Taking the automotive industry as an example, many countries are now investing in the automotive industry, but the cars produced are not sold much, so that the investment in the industry cannot be recouped at all...... This is the second hidden danger. "It is said that it is a big automobile manufacturing country, and Yoshida Kashi is deeply touched.

As he spoke, Kei Fujiwara took out the ham from the sandwich in his hand and placed it on the slices of bread on his plate.

"The third hidden danger is high debt. Borrowing money blindly, whether it is an individual, a business, or even a country. Domestic banks will borrow foreign currency if they can't borrow it, and if they can't borrow foreign currency, they will borrow usury, and major enterprises will not hesitate to borrow money to blindly expand their scale, and once the economic situation changes, a debt crisis will break out. ”

In addition, Asian countries are influenced by Chinese Confucianism, and it seems that they all have the habit of saving. Ordinary people do not have deep financial knowledge and are easily motivated to make irrational moves, which lays a hidden danger for shorting. As soon as the media is fanned, a large number of people will take out money to exchange for dollars, which will also cause ordinary people in many countries to unknowingly stand on the opposite side of their own countries and help international hot money bombard their own countries. With that, Kei Fujiwara had already spread the lettuce and tomato slices on top of the bread slices, and a brand new sandwich was assembled.

Kei Fujiwara picked up the newly assembled sandwich, looked at Yoshida Kashi and said: "High exports, high investment, high debt, and high savings, these four hidden dangers are like four components assembled into a mine, and once they appear at the same time, a powerful bomb will be assembled." ”

"At this point, if there is some external pressure from the sky and you give a volley, the mine will deton......ate," said Fujiwara, slapping the sandwich bread slices to make the ingredients more tightly pressed against each other.

"External pressure? What external pressure? Yoshida continued to ask. Kei Fujiwara shrugged: "Who knows?" Perhaps the accumulation of liabilities has exploded to a certain threshold, or perhaps the government of an Asian country has made a stupid decision, such as carrying out exchange rate reform, allowing its own exchange rate to fluctuate according to the supply and demand in the market, which has attracted the attention of some international financial giant...... It's all possible. In short, I personally think that the economic crisis in the early 90s was just the first thing to come, and the big one has not yet come. "Kei Fujiwara couldn't have said more.

Yoshida Kashi was a little dazed when he heard this, he forgot to drink the coffee in his hand for a while, and looked at Fujiwara Kei as if he was looking at something amazing.