I lost my vegetative state, and I became the richest man in the world
Chapter 1257 Yang Ming Publishes His Discussion on the Oriental Bubble Economy!A sensation in the wo
Chapter 1257 Yang Ming Publishes His Discussion on the Oriental Bubble Economy!A sensation in the world! !
This time, Yang Ming still hopes to set the headquarters of the Internet Society in Xiangjiang.Therefore, before the end, the Imperial Group will not give up easily.
At this time, it has entered December, and soon, Toyo's bubble economy will cause a sensation all over the world.
However, at this time, the bubble economy of Toyo has not been punctured.
In 1989, the Toyo bubble economy reached its peak.At that time, various economic indicators in Toyo reached an unprecedented high level, but the so-called bubble economy began to decline due to rising asset prices that could not be supported by industries.
At this time, both Toyo Real Estate and Toyo's stock market are still rising.
In the eyes of those Japanese investors, as long as they open their eyes, they are all going up, and there is a steady stream of money.
This has led to many white-collar workers in the East even quitting their jobs and starting to concentrate on real estate or stock speculation.
Yang Ming knows that Dongyang's bubble economy has reached this level, and it is impossible to continue to rise. Therefore, either Dongyang will take the initiative to burst this bubble, or it will bring or even trigger the Dongyang economic crisis because of this bubble.
According to Yang Ming's understanding, Dongyang will definitely take the initiative to burst this bubble.
Before Dongyang took the initiative to burst this bubble, and even many investors and financial groups around the world were still optimistic about Dongyang's economy, Yang Ming was going to publish an article.
On the Oriental Bubble Economy!
Yang Ming wrote nearly [-] words eloquently, and it was still in English.
A lot of detailed information and data are used in it.
"The direct reason for the yen's appreciation against the U.S. dollar is the change in the trade balance between Japan and the United States; the fundamental reason is the change in the economic strength of Japan to M."
. . .
“1979年至1985年2月,美元对其他10个发达国家货币的多边汇率上升了73%.美元升值扩大了M国贸易赤字。1980-1984年,M国对东洋的贸易赤字从150亿美元增加到1130亿美元,与此同时,东洋对美贸易顺差从 76.6亿美元增加到461.5亿美元。巨大的贸易差额在使M国成为世界最大债务国的同时,也使东洋成为世界最大的债权国。1985年,东洋对外净资产为 1298亿美元;M国对外债务为1114亿美元。”
After Yang Ming finished writing, he checked it many times.
Then it will be handed over to the Imperial Group Institute of International Economics.
The Imperial Group does have this research institute, but it has been keeping a low profile before.
At this time, Yang Ming is going to publish this article under the name of 'Imperial Group International Research Institute'.
When Lin Xiuzhi brought an article to the Institute of International Economics of the Imperial Group, the Institute of International Economics of the Imperial Group published it in relevant internationally renowned journals.
Because it was an article from the International Institute of the Imperial Group, this article quickly attracted the attention of those well-known economic journals.
And these journals and their cooperative newspapers began to reprint this article.
In other words, this article went out from Yang Ming's hands, and then became a worldwide sensation.
Also nearly a week.
At this time, Dongyang's real estate is still skyrocketing.
Dongyang's stock market is still skyrocketing.
The Japanese Yen continues to appreciate.
However, since the beginning of this year, Toyo has felt the pressure, and Toyo Bank decided to change the direction of monetary policy. Beginning in May 1989, Toyo Bank began to increase the discount rate of the central bank. At the same time, the Ministry of Finance and Economics of Toyo required all financial institutions to control real estate loans, and Toyo Bank required all commercial banks to significantly reduce loans.
Originally, Dongyang’s policy has changed. In fact, some investors have noticed it. However, many investors are still blind, thinking that Dongyang’s national fortune will not experience such a sharp drop in real estate or even a sharp drop in the stock market.
Now, as soon as this article published by the International Institute of the Imperial Group came out, it immediately caused a sensation all over the world, especially in Toyo.
Why is that?
Because everything mentioned above is true, and it has now begun to proceed as predicted above.
In other words, Toyo's bubble economy will definitely be punctured, and it will be a hard landing.At this time, many Dongyang real estate investors, and even Dongyang stock market investors, were frightened all of a sudden.
And here in Xiangjiang.
Bao Yugang, whose health is getting worse and worse, has rarely appeared in public, and basically recuperates in the Bao family villa in Deep Water Bay.
Breakfast this day.
Bao Yugang just woke up when Wu Guangzhen, the second son-in-law, hastily showed Bao Yugang a newspaper.
"Father, brother-in-law investing can be dangerous."
In fact, the Imperial Group transferred Xu Qingsheng back to Xiangjiang from Dongyang and served as the CEO of Xiangjiang United Stock Exchange. The smart Bao Yugang immediately discovered that Dongyang's economy was not right. properties thrown away.
However, Du Shinichiro and his wife only threw away part of the property, and most of the properties are still in their hands.
"Father, look, this is an article published by the International Research Institute of the Imperial Group. It was published a week ago." Wu Guangzhen handed the newspaper to his father-in-law Bao Yugang.
Bao Yu just took it over to read, and it was written very clearly.
On the Oriental Bubble Economy.
That is to say, the current economy of Toyo is a bubble, and it is not worth so much money at all. It is far more serious than the real estate crisis and stock market crisis in Xiangjiang back then.
Moreover, the real estate crisis in Xiangjiang, the stock market crisis in Xiangjiang, and even the Chinese bank crisis in Xiangjiang were all solved by Imperial Group and Sir Yang.
Today, in a country as big as Toyo, and with such a big bubble, no one can solve it.
Then the only solution is to puncture it on your own initiative.
"To Shinichiro didn't listen to me." Bao Yugang said with a sigh.
"Guangzhen, you call them immediately and ask them to come back from Tokyo to meet me."
"Yes, father."
Wu Guangzhen hurried to call Du Shinichiro.
At this time, Bao Yugang's hands were still shaking.
At the beginning, the Toyo property bought by Toshinichiro and his wife could still earn tens of billions if sold according to the Tokyo housing price at that time. However, it must not be sold now, so it can only fall sharply. What will happen by then? , he couldn't believe it either.
Even if the real estate in Tokyo will gradually recover in the future, I don't know how long it will take.
Bao Yugang was walking around there. Although he had already divided the Bao family's property into four parts, how could he not be worried now when he looked at the investment situation of the third son-in-law?
"Father, I called my brother-in-law and third sister, and they said they will fly back to see you immediately."
"Let's go, let's meet Sir Yang."
At first, Bao Yugang only met Xu Qingsheng.
Xu Qingsheng also gave Bao Yugang face and talked a lot. However, Xu Qingsheng did not dare to say anything to him about Imperial Group's foreign investment.
Now, Bao Yugang knew that he still had to meet Sir Yang in person.
(End of this chapter)
This time, Yang Ming still hopes to set the headquarters of the Internet Society in Xiangjiang.Therefore, before the end, the Imperial Group will not give up easily.
At this time, it has entered December, and soon, Toyo's bubble economy will cause a sensation all over the world.
However, at this time, the bubble economy of Toyo has not been punctured.
In 1989, the Toyo bubble economy reached its peak.At that time, various economic indicators in Toyo reached an unprecedented high level, but the so-called bubble economy began to decline due to rising asset prices that could not be supported by industries.
At this time, both Toyo Real Estate and Toyo's stock market are still rising.
In the eyes of those Japanese investors, as long as they open their eyes, they are all going up, and there is a steady stream of money.
This has led to many white-collar workers in the East even quitting their jobs and starting to concentrate on real estate or stock speculation.
Yang Ming knows that Dongyang's bubble economy has reached this level, and it is impossible to continue to rise. Therefore, either Dongyang will take the initiative to burst this bubble, or it will bring or even trigger the Dongyang economic crisis because of this bubble.
According to Yang Ming's understanding, Dongyang will definitely take the initiative to burst this bubble.
Before Dongyang took the initiative to burst this bubble, and even many investors and financial groups around the world were still optimistic about Dongyang's economy, Yang Ming was going to publish an article.
On the Oriental Bubble Economy!
Yang Ming wrote nearly [-] words eloquently, and it was still in English.
A lot of detailed information and data are used in it.
"The direct reason for the yen's appreciation against the U.S. dollar is the change in the trade balance between Japan and the United States; the fundamental reason is the change in the economic strength of Japan to M."
. . .
“1979年至1985年2月,美元对其他10个发达国家货币的多边汇率上升了73%.美元升值扩大了M国贸易赤字。1980-1984年,M国对东洋的贸易赤字从150亿美元增加到1130亿美元,与此同时,东洋对美贸易顺差从 76.6亿美元增加到461.5亿美元。巨大的贸易差额在使M国成为世界最大债务国的同时,也使东洋成为世界最大的债权国。1985年,东洋对外净资产为 1298亿美元;M国对外债务为1114亿美元。”
After Yang Ming finished writing, he checked it many times.
Then it will be handed over to the Imperial Group Institute of International Economics.
The Imperial Group does have this research institute, but it has been keeping a low profile before.
At this time, Yang Ming is going to publish this article under the name of 'Imperial Group International Research Institute'.
When Lin Xiuzhi brought an article to the Institute of International Economics of the Imperial Group, the Institute of International Economics of the Imperial Group published it in relevant internationally renowned journals.
Because it was an article from the International Institute of the Imperial Group, this article quickly attracted the attention of those well-known economic journals.
And these journals and their cooperative newspapers began to reprint this article.
In other words, this article went out from Yang Ming's hands, and then became a worldwide sensation.
Also nearly a week.
At this time, Dongyang's real estate is still skyrocketing.
Dongyang's stock market is still skyrocketing.
The Japanese Yen continues to appreciate.
However, since the beginning of this year, Toyo has felt the pressure, and Toyo Bank decided to change the direction of monetary policy. Beginning in May 1989, Toyo Bank began to increase the discount rate of the central bank. At the same time, the Ministry of Finance and Economics of Toyo required all financial institutions to control real estate loans, and Toyo Bank required all commercial banks to significantly reduce loans.
Originally, Dongyang’s policy has changed. In fact, some investors have noticed it. However, many investors are still blind, thinking that Dongyang’s national fortune will not experience such a sharp drop in real estate or even a sharp drop in the stock market.
Now, as soon as this article published by the International Institute of the Imperial Group came out, it immediately caused a sensation all over the world, especially in Toyo.
Why is that?
Because everything mentioned above is true, and it has now begun to proceed as predicted above.
In other words, Toyo's bubble economy will definitely be punctured, and it will be a hard landing.At this time, many Dongyang real estate investors, and even Dongyang stock market investors, were frightened all of a sudden.
And here in Xiangjiang.
Bao Yugang, whose health is getting worse and worse, has rarely appeared in public, and basically recuperates in the Bao family villa in Deep Water Bay.
Breakfast this day.
Bao Yugang just woke up when Wu Guangzhen, the second son-in-law, hastily showed Bao Yugang a newspaper.
"Father, brother-in-law investing can be dangerous."
In fact, the Imperial Group transferred Xu Qingsheng back to Xiangjiang from Dongyang and served as the CEO of Xiangjiang United Stock Exchange. The smart Bao Yugang immediately discovered that Dongyang's economy was not right. properties thrown away.
However, Du Shinichiro and his wife only threw away part of the property, and most of the properties are still in their hands.
"Father, look, this is an article published by the International Research Institute of the Imperial Group. It was published a week ago." Wu Guangzhen handed the newspaper to his father-in-law Bao Yugang.
Bao Yu just took it over to read, and it was written very clearly.
On the Oriental Bubble Economy.
That is to say, the current economy of Toyo is a bubble, and it is not worth so much money at all. It is far more serious than the real estate crisis and stock market crisis in Xiangjiang back then.
Moreover, the real estate crisis in Xiangjiang, the stock market crisis in Xiangjiang, and even the Chinese bank crisis in Xiangjiang were all solved by Imperial Group and Sir Yang.
Today, in a country as big as Toyo, and with such a big bubble, no one can solve it.
Then the only solution is to puncture it on your own initiative.
"To Shinichiro didn't listen to me." Bao Yugang said with a sigh.
"Guangzhen, you call them immediately and ask them to come back from Tokyo to meet me."
"Yes, father."
Wu Guangzhen hurried to call Du Shinichiro.
At this time, Bao Yugang's hands were still shaking.
At the beginning, the Toyo property bought by Toshinichiro and his wife could still earn tens of billions if sold according to the Tokyo housing price at that time. However, it must not be sold now, so it can only fall sharply. What will happen by then? , he couldn't believe it either.
Even if the real estate in Tokyo will gradually recover in the future, I don't know how long it will take.
Bao Yugang was walking around there. Although he had already divided the Bao family's property into four parts, how could he not be worried now when he looked at the investment situation of the third son-in-law?
"Father, I called my brother-in-law and third sister, and they said they will fly back to see you immediately."
"Let's go, let's meet Sir Yang."
At first, Bao Yugang only met Xu Qingsheng.
Xu Qingsheng also gave Bao Yugang face and talked a lot. However, Xu Qingsheng did not dare to say anything to him about Imperial Group's foreign investment.
Now, Bao Yugang knew that he still had to meet Sir Yang in person.
(End of this chapter)
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