In Tokyo, even the most fierce dragon is afraid of the hatchet

At that time, she had just been sold to Ginza to study, and Onoue was already a well-known escort.

He was friendly and protected her, and taught her some ways to deal with people and protect herself.

Except it's a small world.

Don't know what to say.

Naoyo Nagano already knew from Shimizu that the old lady Onoue was just a front for the major banks. The reason why they all used this one front was simply because she had the tacit approval of the Ministry of Finance and set up a secret off-site account.

Something is happening now.

Onoue alone has to shoulder all the responsibilities.

But of course Nagano Nao would not get involved in such matters.

Anyway, this old lady Onoue is over sixty years old and has no children. Going to prison for ten or twenty years will be a good place for her to retire, with someone to take care of her food, drink, defecation and urination.

He also talked about the vicious cases that are happening every day.

Kanako Nagano had developed a cautious nature over the years, and she pleaded with her big eyes: "Although I don't understand what happened, Yuki and Naoko, you must pay attention to your safety. If you get off work, please come back early! Please!"

"Don't worry, Kasan. We will definitely pay attention to safety."

"..."

unconsciously.

It was getting dark.

The neighbor, Mrs. Yamaguchi, happened to come over to visit, and Kanako Nagano invited her to stay, and the two of them started preparing food together.

"Mrs. Yamaguchi is so miserable. Not only did she meet a scumbag, but she also went to jail. Fortunately, she now runs a fruit shop with Kasan!"

"Yeah, it's definitely pretty miserable. How about we take better care of her in the future?"

"That's fine...but how can we take care of her without hurting her?"

such as.

Why let her have a child?

Nagano Nao responded casually.

When they were at the dinner table, considering that he had promised Nagano Yuki to take care of his neighbors, he started to take care of them with his hands under the table.

Unni is too lewd!

Discovered some small movements under the table.

Nagano Chiyuki was so angry.

Although he was in a good position, he didn't get the chance first, and his neighbor got the chance first.

The more you take a step back, the angrier you'll get; the more you endure, the more you'll lose.

boom!

Accidentally.

Nagano Yuki's chopsticks were knocked to the ground.

"I'm sorry, Onai..."

"Really? Please focus on eating."

Nagano Yuki complained and bent down to pick up the chopsticks on the ground.

Nagano Nao glared at the little witch, then retracted his fingers and looked like a gentleman.

Poor Mrs. Yamaguchi, she was so ashamed that her face turned red and her eyes were filled with tears of humiliation, but she dared not utter a sound.

"what!"

A cry of surprise came from Yuki Nagano's mouth.

No way!

Could it be that he was discovered because of the silk thread in his hand?

Nagano Nao was so guilty that he almost thought he was caught. But after a moment, he noticed that Nagano Yuki was looking at the TV.

A male reporter is on the screen.

With an excited look on his face, he waved his fist and made questioning sounds.

"Unbelievable things have happened in this country. Depositors of several rural banks, such as Mujin Credit Union, have encountered the situation where their deposits cannot be withdrawn."

"..."

"Mr. Miyamoto has a total deposit of 3 million yen in three rural banks, including the Kizu Credit Union. He and his family put their hard-earned savings into these three rural banks out of trust in the banks, but he never expected that he would not be able to withdraw the money for more than two months."

"..."

"Depositors deposit money in banks. No matter what the bank does with the money, it should be held accountable!"

"..."

"But now that this has happened, will the Financial Services Bureau no longer have any supervisory responsibilities? Are the banks also off the hook?"

"..."

The sharp words clearly explained the major events that had taken place.

Depositors of several rural banks, including Mujin Credit Union, were suddenly unable to withdraw their money.

It is simply appalling that this happened in Japan, the world's second largest economy and a country that prides itself on its reputation in the financial sector.

However, as one of the chess pieces, Nagano Nao was very clear that this kind of thing was probably because the war between the various families had spread, which was why this news was leaked and a new attack was launched.

"It's over! How could this happen?!" Yuki Nagano screamed, her voice filled with tears.

Nagano Nao was stunned.

No way!

Did the fire reach your home?

But Nagano Chiyuki was more direct, showing an incredible expression: "No way! Ouna, do you have money deposited in these banks?"

"Because I haven't used up my New Year's money, Mujin Bank said it would give me 20% interest per year, so..."

"Haha! Ounai, you are such a money-loser! You became a shareholder through stock speculation, and you continued to lose money when buying financial products. Even when you saved your New Year's money, the bank closed. Is it because you did too many bad things?"

Nagano Chiyuki laughed so evilly that it was simply infuriating.

Just after I finished laughing and was about to find someone to share my happiness with, I found that Mrs. Yamaguchi and Kanako Nagano both had pale faces.

No!

Nagano Nao also noticed something was wrong and said in surprise: "You guys also have deposits in Kizu Town!"

"Because President Kizu personally visited us and said that he could guarantee more profits, and he also gave us a lot of gifts..."

"..."

The so-called credit union in Japan does not mean a credit union bank.

It existed in the era before the Internet. It is called "credit union" in Japanese. This small-scale collective mutual financing method makes up for the shortcomings of normal national banking channels.

And its essence is P2P - that is, Jusen, "shadow banking".

The emergence of Jusen can be traced back to the mythological era. In the 80s, the Nakasone Cabinet promoted the rise of the real estate industry. In the era of Takeshita Noboru, because of the Plaza Accord, in order to prevent the yen from appreciating too quickly, it had to over-issue currency to manipulate the exchange rate.

But in terms of regulations, banks, insurance companies and major financial institutions are prohibited from lending directly to real estate.

So a financial subsidiary was established, abbreviated as Jusen.

Because it is a vest of large financial institutions, it is often regarded as the shadow of a bank, that is, shadow banking.

This type of shadow bank can borrow funds from shareholder banks and insurance company shareholders through various means without restriction.

At the same time, they also obtained information from within the bank, lured high-net-worth customers, and visited them to persuade them to buy the company's financial products.

The raised funds are then loaned out to individuals, mortgaged properties, etc.

The problem lies here.

When the stock market fluctuates, a five-fold leverage is often considered suicidal by experienced investment institutions.

Because in capital management, risk control is the first investment truth. As long as leverage is used, you will inevitably die under the leverage.

The futures market generally comes with more than ten times leverage, and anyone entering this industry will be informed of the risks when signing the contract.

real estate?

Financial markets are characterized by instant transactions, with thousands of transactions taking place every second.

However, fixed assets such as real estate are difficult to circulate, and a 50% down payment means the leverage is doubled, which is already a very risky investment.

If the leverage reaches 30% of the down payment, triple leverage, it means the risk is comparable to futures investment.

However, shadow banking has launched various types of "down payment loans" and "zero mortgages", and there are even "descendant loans" (grandfather borrows money, and three generations of grandfather, father, and son repay the loan together) and "century loans" (the repayment period is one hundred years, and the father borrows and the son repays, and the son borrows and the grandson repays).

What concept?

A 5 percent down payment means a 20-fold leverage.

If the price drops by 5% from the purchase price, the property you hold will be liquidated.

Today, when real estate has been given financial attributes, buying a house with a loan is suddenly banned. Real estate prices in Tokyo have been cut in half, and the explosion of shadow banking is an inevitable result.

Damn it!

How come I forgot to say hello to these spendthrift women in advance!

After listening to the two women’s crying stories.

Nagano Nao suddenly realized what it meant to get what you deserve.

Nothing else.

Mujin Credit Union is a financial institution that was set up as a subsidiary of Nippon Seibo in order to circumvent regulation.

A few days ago, one of my subordinates reported the situation of this company. Although I knew that Mu Jin was going to fail, I didn't care about it anyway because it was all depositors' money and could be used to suppress a group of people.

But I never expected that all the spendthrift women in my family would fall into the trap...

......