National Tide 1980.

I have to say that the recent performance of the Japanese stock market is indeed good.

From January 1987 till now, the Nikkei Index has been on a runaway trend.

The Nikkei 225 index has risen from 18000 points to 26000 points, and the Nikkei Stock Price Index has broken through 20000 yen.

The total market value of Japan's stock market has reached 28880 trillion US dollars, accounting for % of the world's total, surpassing the United States to rank first in the world.

The stock price of Japan's NTT Corporation alone is higher than the combined stock prices of Allianz Insurance, BASF Group, BMW, Daimler, Deutsche Bank and Thyssen Steel Group.

During this period, Japan's capital market experienced only one bull market correction of 2000 points, which lasted for more than days, and then resumed its vigorous and high-profile rise.

What was particularly fortunate for Ikuo Suho was that when he placed a big bet and decided to fight to the death, he happened to buy in a small pit position during the recovery period.

Just one day later, the market surged by as much as 3 percent.

However, in just a few days, the Nikkei index completely recovered its previous losses and created a new high in the index.

All stocks rose to varying degrees.

On certain trading days, it seems that only the "up and down limit" can limit the power of certain stocks to rise.

It can be said that in such a market, it doesn’t matter what you buy, what matters is that you participate in it.

As for Ikuo Suho, he is of course the luckiest person.

This time he bet everything on his position and felt almost no risk or pain from the stock price. He enjoyed the sweetness of the huge growth of stock assets and outperformed the market index by twice.

How could he not be obsessed and fall into false arrogance?

He was not the only one who thought so. At this time, almost everyone involved in the Japanese capital market thought so.

Throughout the 20s, Japan seemed to be an ideal utopian society because its people had the highest quality of life and the longest life expectancy.

At the same time, Japan became the world's largest creditor country, and its per capita GDP was also the highest in the world at this time.

Even with the use of robots in Japan, many Americans worry that their workforce is becoming obsolete.

Japan seemed to have become a perfect and realistic utopia, and Japanese companies became a popular term, with business delegations from all over the world visiting in an attempt to find the secret of Japan's success.

At this time, the Japanese were far more confident than Americans were in the 20s.

And this confidence has been confirmed in Japan's real estate and stock markets.

Even if you are an ordinary worker or a waiter, as long as you are Japanese and invest in stocks, even without adding financial leverage, even if you randomly select stocks, you can easily get a return of more than 50% in a year.

How can this not drive people crazy?
So just because the Nikkei stock index hit a new high, the Japanese began to look forward to the future again, drinking champagne in the exchange hall and celebrating.

Many big speculators who participate in capital speculation believe that the most wonderful thing about this game is that the market has the possibility of unlimited rise. At the same time, the abundant funds that are flooding everywhere ensure that the market will not fall.

As financial experts have pointed out, many Japanese banks have large amounts of funds that they are anxious to lend out but are unable to.

And even if it is released, it will be difficult to invest in physical manufacturing due to the exchange rate.

Nowadays, is there any project that is more profitable than real estate and stock speculation?
The destination of these funds seems to be certain and there is no other choice.

This view naturally makes the already hot securities speculation seem even more crazy in recent times.

As a result, many government agencies become empty during stock trading hours, and some deserted offices even stop providing services during trading hours. Only after the trading hours are over will these civil servants return to their offices one after another.

The situation was the same in universities. Led by students in the Finance Department of Keio University, they began to get used to skipping classes every day.

Some elementary school teachers' pop quizzes actually include questions about the stocks purchased by academic parents.

Taxi drivers refuse to pick up passengers for fear of missing their trading hours. Even during the day, passengers who want to take a taxi have to reluctantly pay 10,000 yen in large bills to impress the driver and meet their travel needs.

There are even more girls who have just gained nominally equal working rights. Many of them choose to quit their office jobs and turn to "part-time night work" in order to be able to trade stocks on the exchange.

The most terrifying thing is that high school girls try every possible way to make money, and the phenomenon of compensated dating is becoming more and more rampant, but what has changed is the original intention of these girls to sell their bodies.

They have changed from their initial desire to have enough money for consumption to buying luxury goods to an "investment consciousness".

They will also invest the money earned in this way in stocks.

Complementing this is the increase in social personal consumption credit.

A large number of company employees have begun to become customers of microfinance companies even though they are not in urgent need of money.

And they have a high tolerance for interest rates.

A monthly interest rate of 3% to 3.5% is acceptable, which is much higher than the previous market price of 2.5%.

It’s not for any other reason, it’s because they take out loans not for consumption but to invest in the stock market.

They thought it would be easy for the stocks they bought to rise by 3 percent within a week, enough to pay the monthly interest from the microfinance company.

The increase in the other three weeks is your profit. This kind of bargain is absolutely the best deal.

Although conservative forces in Japanese society oppose this behavior that goes against traditional moral concepts, more cunning market players and securities companies welcome and encourage these "entrepreneurs" who will do anything to achieve their goals.

This is exactly in line with an old Chinese saying: laugh at the poor but not at prostitutes.

On the contrary, in Japanese society, the minority who make choices that go against the economic trend have become the object of ridicule.

For example, Rinko Kagawa, who has never been interested in stock trading and has no urgency to buy a house.

For example, Director Taniguchi, who listened to Ning Weimin's advice and cashed out most of the stocks in his account and enjoyed the fruits of victory in advance.

Another example is Kenichi Sagawa, who gave up the honor of being the top star broker during the period of rapid expansion of securities companies and now just wants to be a salted fish...

For them, the more lively the stock market is, the more criticism they will receive.

It's not as easy as you go forward and I go backward, and we pass each other and say idiot.

Instead, they are opposed and rejected by almost everyone, treating those who insist on being themselves as fools.

On weekdays, whether at work or in life, there are always people who take the opportunity to show up, start chatting, and constantly challenge the nerves of these unique people by showing off, sarcasm, ridicule, and teasing in various ways.

To be honest, in Japan's social environment where one has to "read the atmosphere", these people are almost socially dead and are almost excluded by all social relationships.

Even their own relatives may question it.

People like Rinko Kagawa's sister couldn't help but worry about her future, fearing that she would have no place to live.

Mrs. Taniguchi couldn't stand being laughed at like a fool by her neighbors' gossip or showing off in front of them.

Kenichi Sagawa had to look at his wife's face and endure her sighs due to disappointment in his future.

To put it bluntly, without a strong heart or numb nerves, it is really difficult to resist the pressure that comes at you all the time.

However, everything from prosperity to decline, and from adversity to prosperity, is a law.

And the most important rule in this world is that there are always fewer happy people than unhappy people. God has never been able to benefit all living beings and make most people rich at the same time.

Time soon came to a date that Ning Weimin cared about very much - October 1987, 10.

For no other reason than that in the original history that Ning Weimin knew, the global bull market would come to an abrupt end on this day of this year, which is known in history as "Black Monday"!
According to original history, the New York Stock Market on Wall Street will experience the biggest crash in history on this day.

The Dow Jones Industrial Average plunged 508 points, a 22% drop, and the stock value lost in one day was twice the loss in the 1929 Wall Street Crash.

During the week of Black Monday, the New York stock index lost $500 billion, equivalent to one-eighth of the U.S. GDP for that year.

The subsequent plunge in the US stock market caused great panic around the world and quickly spread to almost all major capital markets in the world.

This disaster can be said to be the most serious stock market crash encountered by the global capital market since the Great Depression in the United States in 1929.

Throughout October, the U.S. stock market value lost $10 billion, Japan lost $8000 billion, the UK lost $6000 billion, Taiwan lost $1400 billion, and Hong Kong lost $320 billion.

The stock market crash caused a total loss of US$17920 trillion in major stock markets around the world, which was 3380 times the direct and indirect economic losses of US$5 billion in World War II.

As a result, many millionaires around the world became paupers overnight, and tens of thousands of people suffered mental breakdowns and committed suicide by jumping off buildings.

After the stock market crash, many people put forward different theories, believing that the causes of the stock market crash included program trading, overly high stock prices, insufficient liquidity in the market, and herd mentality.

Some even believe that the typhoon in the UK was one of the causes of the stock market crash. The typhoon in 1987 occurred on October 10 (the Friday before the stock market crash). London, as one of the world's financial centers, was severely affected and many brokers and financial professionals in London were unable to go to work that day.

As there was no international online trading at the time, a large number of open trades could not be settled before the weekend, forcing the relevant open trades to last over the weekend. This made market participants uneasy and triggered panic selling at the start of trading on Monday.

But in fact, among the various analyses, no statement is convincing enough, and no consensus is recognized by the majority.

Ultimately, countless financial experts could only say that this stock market crash was the result of a complex combination of factors, which even included certain coincidences and accidental factors.

So to be honest, before this day actually came, Ning Weimin was not sure whether the world would be affected by himself, considering the butterfly effect caused by his time-travel plug-in.

He was not sure whether it would trigger the incident earlier or delay its occurrence.

The only thing he could be sure of was that destiny was irreversible and the situation was dire. There was no doubt that the global stock market crash would happen.

All he did was to be prepared.

For example, he communicated with his stockbroker Kenichi Sagawa and made a contingency plan for emergencies for the stocks in his account that had a market value of tens of billions.

He also informed Matsumoto Keiko's chief financial officer, Watanabe Mitsuru, and asked him to protect Matsumoto Keiko's purse before he returned to Japan and not to easily get involved in the stock market.

He himself transferred most of the funds he had prepared to France through the channels of the Banque de Suez.

Even he himself flew to Paris, France five days in advance.

Yes, once this "Black Monday" breaks out, many people are destined to end up on the roof.

But for Ning Weimin, it was a real opportunity for him to get rich quickly and uniquely in his life, and his interests were not only in Japan, but also in France.

Don’t forget, there’s still the battle for control of LVMH waiting to be decided.

No matter how far Bernard Arnault's plan to take over the throne has progressed.

As long as he has limited funds, his nature of being a snake swallowing an elephant remains unchanged. He will be at a loss when facing a sudden stock market crash and his flaws will be exposed.

If he misses this opportunity, it will not be easy to turn defeat into victory.

Therefore, this time, in order to make good use of this God-given opportunity and obtain the greatest benefits, his main target is actually the French capital market, and his target is the equity of LVMH.

If all goes well, after this war, even if he follows Bernard Arnault's path as the king of luxury goods, he will squeeze Arnault out of the market with no way out.

Probably, in the future, the shares of the two top luxury goods companies held by him and Keiko Matsumoto will be enough to pass on to future generations, enough to ensure that their descendants will be rich for several lifetimes.

This is not a big deal. After finishing the French business, we will transfer the funds back to Japan as a surprise attack.

It is entirely possible to catch up with the recovery of the Japanese stock market. This is a perfect round trip.

The benefits are so considerable that it’s exciting to think about it.

If he really succeeds, he will surely be considered a well-known figure among the richest people in Asia by the 1990s.

At the very least, his net worth will not be inferior to that of "Li Yanjing" during this period, and he is destined to surpass Liu Luanxiong.

By then, let alone Suho Ikuo, even the Guo family would be of no use to him.

So the same stock market crash, which is a hellish disaster for others, is a huge opportunity for him.

He didn't even think about what would happen to Suho Yuxiong, who was led into the stock market pit step by step by him, because he had done everything he could and didn't care about the rest.
Of course, man proposes, but disposes. Ultimately, it depends on whether God gives him the opportunity to soar to the sky.

Fortunately, it seemed that God did not play tricks on his own son, and the trajectory of his fate did not deviate from his expectations.

All the disasters happened miraculously as we knew.

On October 1987, 10, when the U.S. stock market opened, what was coming came.

At 9:10, the Dow Jones Industrial Average fell 67 points at the opening.

In a blink of an eye, selling orders surged. Stock traders frantically executed sell orders, and panic broke out in the exchange.

From 9:30 to 11:00, the stock market fell at an unstoppable pace.

Because the computer processing system of the New York Stock Exchange could not handle such a large-scale sell-off in a short period of time, by noon, there were still 1.2 million shares of trading operations in the DOT system that had not been realized.

At 14:00, the Dow Jones Industrial Average fell 250 points and more than 4 million shares were traded.

After that, although the stock market showed brief signs of rebound, the terrifying decline was forced to stop at the close of 4 o'clock.

At the close of the day, the Dow Jones Industrial Average fell 508.32 points, from 2246.72 to 1738.470, a drop of 22.6%, twice the drop on October 1929, 10, which triggered the Great Depression, setting a record for the largest single-day drop.

Other stock market indices such as the NYSE Composite Price Index fell 19.2%, the AMEX Composite Index fell 12.7%, and the NASDAQ Composite Index fell 11.35%;

The face value of $5030 billion of stocks, equivalent to France's annual GDP and one-eighth of the United States' annual GDP, was wiped out in one day.

On that day, among the 1600 stocks listed on the New York Stock Exchange, only 52 stocks rose, while the rest all fell. Among them, 1192 stocks fell to the lowest level in 52 weeks, and many representative blue-chip stocks were also doomed.

Almost all major companies' stocks plummeted by around 30%:

For example, General Electric fell 33.1%, AT&T fell 29.5%, Coca-Cola fell 36.5%, Westinghouse fell 45.8%, American Express fell 38.8%, and Boeing fell 29.9%.

In addition, the U.S. government bond market is also in chaos due to changes in stock prices.

Due to the influence of computers, news agencies reported the closing price of the stock market five and a half hours after the closing.

"Everything is out of control" and it is "the worst day in the history of Wall Street"...

Afterwards, The New York Times reported this.

In this world, only Ning Weimin, because he had arranged everything in advance, could smell the scent of money in his ecstasy. (End of this chapter)