The passionate years starting from the college entrance examination

"Welcome our New York Fortune Boy, you are the protagonist today"

At a high-end party in a super five-star hotel in New York, with the arrival of Comrade Tang Dake, Theoden Buckley, Rogers Humphrey, Brian Schoolcraft and others immediately surrounded him.

All of them were good friends of Comrade Tang Dake back then. They were members of small financial groups in the New York and Boston areas, and each of them represented a chaebol group worth tens or hundreds of billions of dollars.

Although small consortiums such as the Buckley family, the Humphrey family, and the Schoolcraft family are not as good as the Morgan Consortium in terms of assets and influence, they should never be underestimated.

It can even be said that their connections, talents, etc. may surpass those of the Mellon family.

Comrade Tang Dake greeted Theoden Buckley and others, then gathered them together and had a brief chat about how to acquire shares in Apple.

It's very simple. Just find one of the top financial groups like the Morgan Consortium, take them to find the shareholders behind Apple, send Apple to the market through negotiations, and manipulate the stock price.

How to convince the shareholders behind Apple?

In Comrade Tang Dake’s view, it’s nothing more than one word: money!

Comrade Tang Dake has indeed become decadent and degenerate over the past few years, but he is not completely out of touch with reality and unaware of changes in the world.

He even participated in it personally, but he did not return to the business world.

Therefore, he felt that he had a good chance of convincing Apple's shareholders.

However, his meeting with Theoden Barkley and others was rejected.

If this proposal could really succeed, there would be no need to wait until now.

"Apple's shareholders are a bunch of stubborn old men. How can you convince them? Don't you think the Morgan Consortium didn't have this idea back then?"

Brian Schoolcraft sneered and said:

"We call you the New York Wealthy Boy, but you don't really think you are the Wealthy Boy, do you? Tang, you are already 44 years old this year. You are no longer a boy, but a middle-aged man. Look at your bald head."

Comrade Tang Dake snorted angrily and turned away.

There's no way to talk to these people.

For the next period of time, Comrade Tang Dake was hitting a wall. No one knew what he had been through, but he was actually preparing to participate in the next squad leader election.

Chen Guohua, who was far away in Beijing, also heard about this and for a moment didn't know what to say.

"What on earth has inspired Comrade Tang Dake to be so radical?"

There is no doubt that Comrade Tang Dake must have encountered considerable setbacks, otherwise it would not have turned out like this.

But for Chen Guohua, whether Comrade Tang Dake becomes the squad leader is irrelevant to the overall situation.

The year 1990 is about to become the past, and the big event in Tokyo is about to begin.

Because in just one year from 1989 to 1990, the Bank of Tokyo raised interest rates five times in a row, and the mortgage rate rose from 2.5 percent to 6 percent.

why?
Just because they have begun to take the initiative to burst this bubble.

The purpose of raising interest rates is to increase the cost of real estate speculators, and on the other hand to prevent non-real estate funds from flowing into the real estate industry.

But at this point, it's actually more or less too late.

According to the information Chen Guohua has, since the Plaza Accord in 1985, the mainland has already made profits of more than 2 trillion US dollars.

The profits they made from the Tokyo real estate market alone are so huge. You can imagine how crazy they are.

By 1990, the white glove companies had basically withdrawn from the Tokyo real estate market, and other capitals took over.

Before the Plaza Accord, the price of houses in Tokyo was about 1.2 million yen per square meter, but by 1990, it had soared to 10 million yen per square meter.

The average price has soared by 2 million yen compared to the 8 million yen in the original time and space. This is the huge change brought about by the butterfly wings fanned by the white glove companies.

Don't underestimate the increase of 2 million yen, it is also a terrifying surge.

The mainland does have these benefits, but Chen Guohua is not unaware that people in Tokyo do not have these benefits.

One thing that must be mentioned here is Tokyo’s local resource constraints and their own country-changing strategy.

The Plaza Accord is a good extension of this, but in the end it was the ordinary people in Tokyo who suffered.

In 1985, Takeshita Noboru took the initiative to request the signing of the Plaza Accord. Is Takeshita a fool? Can't he see the interests behind it?
Obviously not.

Compared with the damage that the Plaza Accord brought to Tokyo, Takeshita and others obviously paid more attention to the benefits behind it. However, what they did not expect was that Tokyo's real estate reservoir was still too small and could not hold up, and finally had to collapse.

Chen Guohua knew very well why Takeshita Noboru and others signed the Plaza Accord, because Tokyo's mineral resources were extremely scarce.

Most of the main raw materials and fuels needed for modern large-scale industrial production rely on imports.

东京对原材料和能源的对外依赖度曾高达百分之八十四，其中铝100%、镍100%、磷 100%、石油99.7%、天然气94.5%、铁矿石99.6%、铝矾土100%、煤85.1%、铅84.9%、锌66.9%。

In terms of food, we cannot even achieve self-sufficiency.

You know, from the perspective of strategic resources, these food, energy, raw materials, etc. are very important strategic resources for any country.

If these strategic resources are so serious that the country cannot be self-sufficient, once the global situation changes suddenly, the import channels may be cut off at any time, and the country will soon collapse due to lack of resources.

For Tokyo, which is extremely short of resources, Takeshita and his colleagues are of course very worried that the outside world will cut off their channels for importing resources.

So what can Tokyo do?

Of course, it is to acquire high-quality assets such as foreign land, minerals, energy, etc. The reason why Tokyo shouted the slogan of buying the entire Eagle Sauce was actually because their overseas investment was very high.

For example, last year, in 1989, their investment in Eagle Sauce exceeded 40 billion US dollars and in Europe exceeded 20 billion US dollars.

And this is just an investment within one year. If you extend the time to several more years, you will find that Tokyo is indeed very rich.

In the United States, the capital behind many high-quality assets is actually mostly from Tokyo, such as Columbia. On the contrary, in South America, Oceania and other places, they have purchased a lot of land, invested in a lot of minerals, etc. This is one of their plans to change countries.

Tokyo's gains after the Plaza Accord were not limited to these.

First of all, after the Plaza Accord, the yen did increase, but Tokyo's global trade surplus still exists and remains large.

Therefore, the appreciation of the yen caused by the Plaza Accord did not have a serious impact on Tokyo's exports.

Secondly, when it comes to the appreciation of the yen, does that mean Tokyo is losing out?

Of course not, they made huge profits.

Just to give you an example of data, after the Plaza Accord, Tokyo's private and government overseas assets, after deducting liabilities, increased by 11% in 1990 to US$328 billion.

This alone shows how great the benefits Tokyo has gained from foreign investment after the appreciation of the yen are.

Therefore, if we simply see the Plaza Accord's exploitation and damage to Tokyo's domestic economy and the fact that it will have to pay off its debts for the next thirty years, it is undoubtedly too one-sided.

Of course, Chen Guohua would not look at this matter with such a narrow perspective.

In the original time and space history, in the late 1970s, Masayoshi Ohira from Tokyo came to the mainland and provided the mainland with a loan of nearly 2.58 trillion yen.

Yes, 2.58 trillion yen.

In the history of the original time and space, one yen was equivalent to 0.006416 US dollars, that is, 2.58 trillion yen was equal to 16.559 billion US dollars.

The money will be used for projects such as the Beijing Metro, Capital Airport, electrified railway reconstruction, and large port berths.

The annual interest rate is around 3% to 3.5%, which may not seem high, but after the Plaza Accord, the Japanese yen appreciated and Tokyo made a lot of money!
However, at this time and space, the mainland does not need these loans at all.

The total loan was only US$16.559 billion, so people like Zhang Jihan certainly looked down on it at the time.

Because at that time, China Resources Company could earn one or two hundred billion US dollars every year, or even more.

"Old Chen, are you really sure that housing prices in Tokyo will plummet?"

On the day when the first snow of the winter of 1990 arrived, Song Xuyan and Wang Dingzuo sat in front of Chen Guohua in the director's office of Zhenhua Research Institute and asked with serious expressions.

"Old Wang, what do you think?"

Chen Guohua did not respond to Song Xuyan's question, but looked at Wang Dingzuo and asked with a smile.

The latter shook his head and said:

"Although we have seen that Tokyo has raised interest rates continuously over the past year and has even imposed many restrictions, it is still hard to say whether Tokyo's housing prices will fall or even plummet."

"Almost everyone in the Tokyo market is celebrating right now. No one wants Tokyo house prices to fall, especially those with capital."

"Whether it's foreign banks or local banks in Tokyo, they are all very afraid that Tokyo's housing prices will fall and that the entire Tokyo real estate market will become unpredictable."

Wang Dingzuo's remarks represent the thoughts of some people including Song Xuyan.

Last year, the housing prices in Ginza, Tokyo, reached a terrifying high of one million US dollars per square meter, which made everyone more convinced of one sentence:

Just sell Tokyo and you can buy the whole Eagle Sauce!
So this is how crazy Tokyo real estate is in this era. People who are experiencing it will involuntarily want to get involved.

Just like the mainland in later generations, the housing prices in the four super first-tier cities are so terrifying that as long as you have money, everyone wants to buy a house of their own in the four super first-tier cities.

Because no one would want to be that poor person whose hometown can't accommodate his body and whose soul can't be accommodated in a foreign land.

"Yes, Lao Chen, the Tokyo stock market has soared from 13000 points that year to 38000 points today. You said that Tokyo housing prices have plummeted. Such a horrible thing is hard for anyone to believe."

Song Xuyan also echoed. After hearing this, Chen Guohua pondered for a while and asked:
"Old Song, Old Wang, you should also know that if calculated based on the overall situation of Tokyo today, the total market value of all the property in Tokyo is about 20 trillion US dollars, which is equivalent to 20% of the world's total wealth. Do you really think Tokyo is worth this price? Then why is it so valuable?"

The three people present were all very clear about the situation in Tokyo. They were also very clear that once the Tokyo real estate market collapsed, a global financial tsunami would be inevitable.

Chen Guohua had already done many model simulations to figure out how serious the consequences would be, and Song Xuyan and the others were all aware of these situations.

As we all know, most of the land, stocks and real estate in Tokyo are controlled by the six major chaebols. After all, the white glove companies in the mainland are latecomers and only control a few percent of the profits.

Moreover, they had already given up this part of the benefits long ago and did not hold on to it.

Mitsubishi, Sumitomo and other six chaebols are of course well aware that the asset bubble is already very high. As long as they can sell to buyers, they can earn the buyers' wealth.

However, chaebols like Sumitomo are even greedier than imagined. They want to retain local assets and make hot money at the same time. So what should they do?

Chen Guohua knew very well that the method they used was very simple. They relied on the cooperation of the Tokyo government such as Takeshita Noboru. After the hot money investors who took over Tokyo assets at high prices took over all of them, the six major chaebols would suppress all these assets to the floor price.

In this case, hot money investors will definitely not leave the market easily.

At this time, the six major chaebols including Sumitomo will use the cashed-out funds for global investment and buy things everywhere!

In other words, it is part of the country change plan because the resources in Tokyo are too scarce.

Then the remaining question is how to quickly suppress the value of assets such as land, housing prices, and stocks.

As for whether hot money investors will leave the market?

Isn't this simple?

As long as the price is not the absolute floor price, those hot money investors will not be able to stay in Tokyo forever.

So, to put it simply, Tokyo wants to cheat the world!
This leads to another question. Tokyo is not the Eagle Sauce. Aren’t they afraid of global condemnation?

Sumitomo and other chaebol subordinates have plenty of talented actors. As long as they put on a good show and make themselves the biggest victims of this incident, they will avoid global condemnation.

In the history of the original time and space, Sumitomo and others did just that.

But in this time and space, would Chen Guohua still stare blankly like this? (End of this chapter)