The Kyoto Bubble Era: Starting from the Sale of Hundreds of Millions of Properties

Chapter 111 The financial turmoil and the worst era (33, 9.1 is on the shelves, rush!)

April 1990, 4, a special day destined to be recorded in Japanese history.

Two weeks after the release of the "Policy on Restricting the Total Land Quantity", the Bank of Finance Bureau of the Ministry of Finance, under the tremendous pressure from the six major financial groups, insisted on unswervingly restricting real estate loans. In just two weeks, nearly half of the civil servants of the Bank Bureau were due to corruption issues.

The six consortiums continued to exert pressure. Under the pressure, Director Tsuchida, who was pulled out by the prime minister's cabinet to attract hatred, turned to Prime Minister Ryutaro Hashimoto for help. The latter was also in a state of exhaustion.

He is a middleman who regulates various factions in the Liberal Democratic Party. He has always had a close relationship with several major factions. Some of those factions are close to the government, and some are close to consortiums. Within a week, more than a dozen people came to visit and asked the reason for this policy.

Sanchong Yekang was also overwhelmed with work and couldn't control himself.

No matter how Hashimoto Ryutaro played around, he knew that he had offended the consortium to death this time.

But he couldn't reveal the real reason.

The U.S. consortium and the government are the backing of Toshiki Kaifu. This time, a strong adjustment of land prices will allow Japan to join the Gulf War alliance. This is the international situation, it is an oil war, and it is an encroachment on resources!

It's just that the beneficiaries are the government, the country and the people, not their consortia.

People from the Sanwa Foundation found him in secret, but in the end they couldn't get a satisfactory answer. It was useless for Nissho Iwai President Hiroshi Uchida to come forward in person. Because of this, the marriage of his youngest son Shota Hashimoto and Ryoko Uchida was shelved.

Misfortune never comes singly.

Corruption among officials within the Ministry of Finance soon emerged. The consortium-controlled media publicized the corruption and incompetence of the government, and criticized the land policy as "too late" and "doubtful results." The eyes of the public put him under tremendous pressure.

But in the end, Prime Minister Kaifu Toshiki made a strong attack and personally claimed that he signed the policy in order to give a strong dose of medicine to the overheated land price in the country!
The matter has come to this point, the struggle among high-level officials is chaotic, and Kitahara Sosuke can't figure out the situation. It is ridiculous to watch the media attack officials to build momentum for the consortium, and then the people quickly respond.

Fools are fools after all.

Listen to the wind is rain.

Although neither is a good thing, are those fools who only know how to support one side innocent?

Clubs and investors caught in the real estate crisis also raised their voices to force the government to withdraw its policies, but to no avail.

On April 4, the most terrifying thing happened.

Kitahara Sosuke had breakfast early, taking stock of the revenue of Kitahara Logistics this month with great interest. In Tokyo, the sudden transformation of Kitano Real Estate has become a classic case in the industry.

The housing market collapsed, and the real estate clubs competing with it at the same time fell into a stalemate. Only Kitano Real Estate successfully transformed into Kitano Logistics, and developed the express delivery industry in Tokyo under the name of Kitahara Investment.

With the experience in Osaka, the start-up speed of Kitano Logistics was greatly accelerated, and the snow wolf logo caused a sensation in the city, but Kitano Ran had to run around in two places, and finally couldn't bear it, and entrusted the business of Osaka to Saeko Sakurai.

After occupying the central area market, the next target is the adjacent areas.

The rise of the express delivery industry was expected by Kitahara Sosuke, and it was a good source of performance and income.

He wandered the streets, lived close, and didn’t have to drive to work. Considering the lack of cars, he bought a Toyota and a Mercedes. The former was used by Kazuma Yamada for business purposes, and sometimes he could pick up a few girls to and from get off work. The latter is purely acting as a facade for President Kitahara.

Coming to the block near the branch, this is the financial street in the central area, where several banks are located, and at the moment, the door of one of them is crowded with angry people.

If you listen carefully, you can hear some people shouting and cursing. Who said that the Japanese are polite and polite?
When it comes to their own interests, they are more mad dogs than mad dogs!
Kitahara Sosuke took a closer look and found that it was a branch of Taiyo Kobe Bank in Chuo-ku.

"What's the matter? This gentleman?" Kitahara Sosuke approached and asked.

The man in the suit with the passbook in his hand took a sip, and said coldly: "These bastards from Taiyang Kobe! Don't let me withdraw money!"

"There is no money in the bank! Everyone has been cheated!"

"I heard that internal employees took advantage of their position to use our savings to speculate in real estate. Now that the land policy has been introduced, they can't sell the house or exchange it for money!"

Financial scandal!

This is the darker wave following the complete burst of the bubble economy.

The darkness and corruption hidden under the financial industry will be exposed!
Kitahara Sosuke recalled the recent situation.

This powerful drug from the General Administration of Banks entered the real estate market, and banks had to start limiting the total amount of loans, collecting loans, and giving feedback on loans.

After the austerity policy, many investors and clubs encountered a financial crisis storm within two weeks, and they immediately planned to sell their houses at this point.

The housing prices in Osaka alone have dropped by 10% today compared to yesterday, but compared to before the capital injection by the consortium, the overall increase is still there.

Selling at this point, they don't lose money, but also make a small profit.

The question is, who dares to take over now?

Downstream investors are scared out of their wits, and ordinary people, please, the house prices were too high before, and now they are even higher than before, I'll buy a ghost!

Therefore, a magical scene appeared in the housing market. A large number of properties were listed for sale, but no one was interested.

The bank is urging again, and they, who are also under pressure, have to threaten these customers with a forced auction.

Subsequently, customers racked their brains to withdraw money and borrow money.

Under the vicious circle, Sun Kobe Bank, where a large number of employees misappropriated their deposits to speculate in real estate, was the first to have a financial scandal, and it was about to be overwhelmed.

Not just this branch, it is said that all Sun Kobe Banks cannot withdraw money!
Kitahara Sosuke was amazed, he probably guessed who was behind the scenes.

It should be that a certain Sun Kobe Bank was hacked, and then the mastermind behind the scenes took advantage of this to erupt public opinion, claiming that the bank had no money, and the frightened people ran to withdraw money at once, which would naturally lead to a run on the bank.

Taiyang Kobe can only turn to other banks or the Ministry of Finance for help now. Don't count on the latter, as he is almost too busy.

As for the Bank of Japan, it is probably still a headache where to get the supplies and funds for the Gulf War.

Sosuke Kitahara sighed. In fact, if he started this wave earlier, he would have the opportunity to swallow Taiyang Kobe, so that the financial system as the core consortium would have a foundation. He can't justify the fact that the consortium is not complete.

And the money is far from enough.

Because historically, Sun Kobe was finally eaten by the Mitsui consortium and merged with Sakura Bank into one.

When he came to the door of the branch, he found that his own branch was also crowded with many people.

withdraw money!withdraw money!withdraw money!

A new wave is sweeping.

The counter has never been so busy, so many people want to withdraw money, it is nothing more than worrying that Dongsan has a similar problem. Fortunately, the family has a big business, even if the reserve fund is not enough for a while, it is okay to go to the branch to transfer some.

If you want to run on Eastern products, you can't do without a certain amount.

But the employees of the No. [-] Bank of Japan also felt an unspeakable crisis at the moment.

"Please, please don't take away all the deposits!" Department Chief Da He's waist almost broke due to bowing.

Are these people crazy?
I don't speculate in real estate or stocks, so I have to withdraw money at this time?
The tellers on the side also groveled, and some people who deliberately made trouble took advantage of this to molest the tellers.

Kobayashi Kyoko's delicate and charming appearance attracted a new rich man. He smiled and said, "It's fine if you don't take the money. This bank lady is free tonight. I'll treat you to something delicious~"

"Eat your head!" Shanchuan Sayuri spat at him, "Disgusting! Scoundrel!"

Just as the man was about to refute, he was thrown away by a white hand like a chicken.

"Get out of the way, get out of the way, I want to save money." Kitahara Sosuke came to Kobayashi Kyoko and smiled, "How much did he withdraw?"

"1000 million yen." Kobayashi Kyoko looked at him affectionately, and smiled sweetly. Compared with other employees, she was much more relaxed. With Beiyuan's investment money, she didn't have to worry about performance pressure at all.

"Then I'll save some money to supplement him." Kitahara Sosuke took out a card and handed it to her, "This is a bank card of Sakura Bank, deposit all the money in it."

"Cut, add my 1000 million?" The man looked at him with disdain in his eyes. How can a guy who looks younger than himself have 1000 million deposits?

In this era, it is equivalent to [-] meters of gold, which is also a lot of money.

"It's only 10 billion, it's really not much, but it should be enough to supplement him." Kitahara Sosuke sneered a few times and glanced at the guy who didn't know what to do, and then "molested" Kobayashi Kyoko, "This banker Miss, are you free tonight, I treat you to something delicious~"

"Bah, shameless, I can't stand it anymore, I'll go to another counter!" Sayuri Yamakawa made a face at him.

Kobayashi Kyoko's cheeks were slightly red, and she nodded: "Give me a full meal~"

The nouveau riche was taken aback by her obsequiousness and response!
It's amazing to be rich!

He looks amazing!
Then he ran away in a hurry.

This is just a small episode of Kitahara Sosuke's daily pretending to adjust his life. He looked at the lobby with people coming and going, as well as the chaos in other banks.

10 billion is nothing in this era. After the run on, hundreds of billions or even trillions of funds are tumbling.

It was the best of times, and it was the worst of times.

"But it must belong to my era, Sosuke Kitahara."

He smiled, moved the back of his suit with both hands, and walked towards the second floor with big strides.

(End of this chapter)