Chapter 427: Alarmist

After everyone heard Li Xuan's words, they couldn't help but look at each other. You can't just let the world's richest man be rich and go to prison just because you want to be the richest man in the world, right? Although these people know that Li Xuan has some abilities that surpass ordinary people, they can't be so childish, right?

At the critical moment, Haonan stood up bravely as Li Xuan's eldest disciple, "Master, what do you say about him, I and the pheasant will do it immediately, let alone let him go to prison, even if you kill him, it won't matter!"

Since Haonan worshipped Li Xuan as his teacher, his force value has exploded. Just now, the pheasant was beaten and scolded in his mouth, but Master Li Xuan not only did not say anything about him, but praised him very much. This made Haonan also eager to try. Since the master has made the number one in the country no longer be the richest man in the world, and he will be imprisoned, then he, who is a disciple, must charge forward and do things well.

"Hmm, who said they were going to him? Don't fight and kill all day long, like a little gangster!" Li Xuanyi frowned, feeling that his disciple had become super superb. "How many times have I told you, now is a harmonious society, we are all serious people, but we can't be like before!"

"Yes! Yes! Master is right!" Haonan was a little confused when he heard Master Li Xuan finish speaking. In the past, it was this master who took the lead in killing and killing the gangsters on Hong Kong Island, especially hating the Japanese people to the core, and it is not an exaggeration to say that the killing was bloody.

"Master, what if we don't mess with him? We just watch here, and the richest man in the world can go bankrupt?"

"Hmph!" Li Xuan was very anxious about the IQ of his two disciples. "Did I say I was going to get him? Now, although the economy of the Japanese country is booming. However, the extremes of things must be reversed. It's like blowing a soap bubble, and when it blows to the maximum, it pops. ”

"Mr. Li, you should be talking about the bubble economy. It is a phenomenon of false economic prosperity caused by speculation in stocks, real estate, etc. This is manifested in the following ways: There is widespread speculation in the market, stocks and real estate transactions are active, and prices are rising rapidly; due to the lack of long-term productive investment, production is stagnant, and the real economic level has not risen much; once the market plummets, the apparent prosperity will be shattered, and even the economic phenomenon will end in a financial crisis. Zheng Zhongtian is a good hand in economics, and he is very familiar with various economic theories, so he gave Li Xuan a bit of science.

"I don't know what a bubble economy is, but the economy of the country is on the verge of collapse. As long as the economy collapses, the assets of these wealthy people will definitely shrink significantly, and they will have to jump off buildings. If the assets of this rotten watermelon group of more than 100 billion yuan can be left with 120 billion yuan, even if the ancestral tomb is smoking, the position of the world's richest man will definitely not be secure. After he is in financial trouble, he will not be better politically, and many people will take the opportunity to beat the water dogs. The first place has done so many bad things, and it's time for retribution. You must remember, you must not go to the Japanese country to do business recently, or you will be killed. ”

"Mr. Li, are you sure that the economy of the Japanese State will collapse this year?" Zheng Zhongtian asked nervously, "There are also a few people in the outside world who have speculated about this, but most people are optimistic about the economy of the Japanese State and think that it can prosper for a few more years! Many economic commentators say that those who talk about the decline of the Japanese economy or even the bubble economy are alarmist. ”

"Alarmist, then what do you think?" Li Xuan glanced at Zheng Zhongtian strangely, and found that the fortune qi on Zheng Zhongtian's head was rushing upward.

"I don't think it's alarmist that the economy is overheating. In the 60s, 70s, and 80s, after 30 years of development, the Wa Kingdom created an astonishing "Wa State Speed". In recent years, automobiles and electrical appliances made in the country have been unimpeded in the world; the Jingdong 250 index has reached an astonishing 37,000 points; the land price in Kyoto has reached its peak; banks have begun to lend money to enterprises; the country has become the largest holder of the national bonds of the United States; and the 30 Company has purchased the "falling and flying" building, the national symbol of the United States, for 1.8 billion meters of gold. “

In May 1985, the Japanese signed the "Vegetable Market Agreement" centered on the prohibition of excessive intervention in the foreign exchange market by the Bank of the Japanese Empire, and the Japanese yuan began to appreciate. The confidence in the value of the Japanese yuan has swelled, the large-scale influx of international hot money, and the vigorous development of the Japanese economy have promoted the real estate market to be extremely hot and the stock market to rise wildly. In the past few years, the Bank has embarked on a reform of its bank's capital management. In order to promote the internationalization of banks, the Japanese government has decided to apply a double standard: domestic operations can be subject to the national standard of 4%, and banks with overseas branches must apply the international standard of 8%. Under this requirement, in addition to constantly replenishing its capital, the Bank also had to adjust the structure of its assets. At that time, the most distressing thing for the Bank was that it could not lend money. “

"In order to expand its business share, the bank has tried all kinds of ways to make desperate loans at ultra-low interest rates. Compared to general corporate loans, real estate mortgages have a lower risk weighting. This means that banks issue the same amount of loans, and real estate mortgages require only half the capital. As a result, the Japanese commercial banks have invested funds in this field. In order to make the loan, the Bank of the Japanese used all its resources. Even for those who are interested in depositing, banks advise them to invest in land: land prices are constantly rising, and the interest is close to zero. If you borrow money from the bank to buy land, you will definitely make a lot of money because the land appreciates. Once the person buys the land, the bank will use the land as a guarantee, lend him the equivalent of 70% of the price of the land, persuade him to buy land elsewhere, and then use new land as security...... And so on and so forth. “

"During the same period, there was also a huge influx of international hot money. After the signing of the "Vegetable Market Agreement", the Wa Yuan maintained an annual appreciation level of 5%, which means that as long as international capital holds the Wa Yuan assets, even if the price does not appreciate, it can obtain more than 5% of the income through exchange rate changes. Keen international capital quickly made a comeback, calling for wind and rain in the stock and real estate markets of the Japanese country. The inflow of cheap international capital has intensified the pressure on the appreciation of the Japanese yuan, resulting in a rapid rise in stock prices and housing prices, which has attracted more international capital to speculate in the Japanese country, and land prices have begun to soar wildly. According to a survey released by the Wakoku Land and Waste Agency, the price of commercial land in Kyoto nearly doubled in 1988 in 1988. ”

"There is a well-known story about a school janitor in Kyoto, who worked in the reception room for more than 40 years, and his income was very small. After retiring, he plans to return to the countryside to spend his old age. So he sold a small house in Kyoto, but he didn't expect the house to be sold for 8 million yuan. The janitor instantly becomes a millionaire and returns home. ”

"However, during the same period, the annual growth rate of nominal GDP was only about 5%. Due to the rapid rise in land prices, the development of the real industry has been seriously affected. The excessively high price of land for construction has made it difficult for many factories and enterprises to expand their scale, the excessively high land price has also brought serious obstacles to the government's urban construction, and the high housing prices have made it impossible for ordinary Japanese people to afford their own housing......

Zheng Zhongtian spoke in a very orderly manner, concisely and concisely stated the results obtained from the study of the economic development of the Japanese country over the years, and came to a conclusion, "The possibility of a bubble economy is very high, but the specific time is difficult to determine." ”

"Yes, I don't quite understand what you're talking about, but you're pretty accurate. It's much better than those economic commentators. I predict that the economy of the Japanese Kingdom will collapse within a month!" Li Xuanyu was not shocked and did not give up, and said the results he had obtained according to the technique of looking at qi.

"What? just a month?" Zheng Zhongtian stood up abruptly and grabbed Li Xuan's arm.