ghost head legend

Chapter 305 Under the Financial Storm

The old man looked at the two of them, "What I said today is to tell you that it is definitely worthwhile for us to cooperate with this organization. If I guess correctly, there must be people with supernatural powers in this organization, and we should try our best to gain their trust And help. Even if we don’t have anything to ask for their help now, in order to get their help in the future, we have to show them our goodwill now.”

Green nodded seriously, and Smith now agrees with what the old man said.After the old man finished speaking, he closed his eyes again, and the two retreated when they saw that the old man had nothing to say.

The sky was getting brighter, and before the Tokyo Stock Exchange opened, there was a long queue outside.In just half a day yesterday morning, the Nikkei index rose by 30.00%, breaking through the 27-point mark.The fundamental benefits have exceeded [-] times, and the economic bubble has been inflated several times.But the Japanese stockholders didn't know why, and they shouted excitedly when they saw their money suddenly doubled several times. They had already forgotten the terrorist attack in Tokyo and the killing of members of the Japanese right-wing youth club on Diaoyu Island a few days ago.

But some people saw something unusual, and sure enough, the Nikkei index plummeted by 10% in less than half an hour after the market opened in the afternoon.Temporarily suspended.

Today is the second day, but the Japanese people did not think too much, thinking that this is just a normal decline after the sharp rise.The stock market finally opened at 8:30 am.But something that terrified Japanese investors happened. Less than an hour after the opening of the market, the Nikkei index plummeted by 25%, and the market was temporarily suspended.After the resumption of trading in the afternoon, it plummeted by 30% in less than an hour, and the exchange was suspended again.

In two trading days, the Nikkei fell by more than 70%, and its market value shrank by 55%.In the eyes of the vast majority of Japanese stock investors, they are still very "optimistic" about the plunge in the Tokyo stock market.

In the eyes of most Japanese investors, this shows that it is only a good thing to squeeze out the asset bubble.Some investors think that after a sharp drop, there must be a sharp rise.As the stock price fell to the bottom.Investors with a wait-and-see attitude began to enter the market to buy bottoms.

Keizo Obuchi and the cabinet ministers and the Japanese financial regulatory system focus on the stock market, not the foreign exchange market.But when the stock market was suspended, there was a small fluctuation in the foreign exchange market, but no one noticed it.

The stock market and the foreign exchange market do not exist together, but they influence and interact with each other.The sharp drop in the Nikkei index will inevitably lead to a weakening of the yen exchange rate.This also led to an increase in the price of imported raw materials, and a substantial reduction in the profits of various companies.This further led to a sharp drop in the stock market, forming a vicious circle.

Now Japan has become a popular machine for international speculators, providing these speculators with opportunities to stir up speculation.Judging from the current situation, the Japanese government must take action to stabilize the market.

Obuchi Keisan was overwhelmed by what happened one after another in the past few days.The whole person seems to have lost the glory of the past.As soon as the stock market stopped trading in the afternoon, Keizo Obuchi called an emergency cabinet meeting.Discuss the introduction of interim policies to safeguard financial markets.

But in the face of the turbulent financial market, the Japanese government has not much to do.Only start the foreign exchange reserve funds to rescue the market.But in the face of the surging international speculators, this little money is simply a drop in the bucket. The only way is to ask the big domestic groups for help, otherwise Japan's economy will collapse within two days.

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