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Chapter 962
It seems that the crisis encountered by the Liao family is not small. Although it has long been thought that the Southeast Asian crisis will not disappear, when it really comes, only those in the situation will know the pain.Chairman Liao is not a sage who saves three times a day. If he didn't encounter a huge problem, he would never talk softly to others.
And Liao Yufeng is even more a proud figure. Many rich three generations are enjoying life, but he is running around for the future of the family.According to Liao Yuhan, brother Yufeng is the pride of the Liao family, and Mr. Liao treats her less than one-tenth of brother Yufeng.
Mr. Liao, who has always looked above the top, never expected that the westward strategy he advocated would turn into a mess. The previous beautiful book asset appreciation was on the verge of bursting like a blown soap bubble in a blink of an eye. All the funds of the Liao family were lost. Trapped in Southeast Asia, it is impossible to withdraw capital.
That was the family business that Mr. Liao had worked hard all his life. Seeing that his father and son turned into soap bubbles in Southeast Asia and made a big splash, he had no chance to earn real money back.For Liao Yufeng, it was tantamount to cutting flesh in his heart. I have to say that Xiao Liao is very filial and has always respected his grandfather very much.
Mr. Liao bowed deeply to someone Deng: "Deng Hua, I was wrong at the beginning, please look at Yuhan's sake, for Grandpa's sake, and help the Liao family once."
"Young Master Liao is out of order!" Deng Hua refused Liao Yufeng's gift, and turned to Elder Liao, "Old man, I am just a small bureaucrat, my studies are only a mere correspondence college, and I know all about business matters... "
Liao Guangfu sighed: "Xiao Deng, the old man hit it off with you, and I don't want to go around in circles with you. The Liao family's investment in Southeast Asia can't be withdrawn. Hehe, to tell you the truth, the old man still saw the opportunity early, and those people are still blowing the bubble. They all thought that real estate and the stock market could still go up. Finally, Liao Chen is not obsessed with money, and if he wants to stop in time, there is no one to take over the offer!"
Over the past few years, the Southeast Asian stock market has risen wildly, and real estate prices have increased by leaps and bounds. Many foreign capitals have poured into Southeast Asian countries, hoping to make a fortune.In the second quarter of 96, Mr. Liao forced Liao Chen to withdraw his capital from Southeast Asia, even threatening suicide. Liao Chen reluctantly agreed to withdraw his capital from Southeast Asia.
Liao Yufeng was ordered to start selling the properties invested by the Liao family, but he didn't expect that all the market conditions would be soap bubbles. Seeing that the price was very good, he had no purchasing power.Just like Tokyo, Japan six years ago, the land price in the Japanese capital at that time was almost equivalent to the entire continental United States, so that the little devil clamored to buy the United States.
It's a pity that any commodity has its actual value. Some people may say that real estate is a product that is just in demand, and it can rise without limit.The problem is that as long as it is a commodity, it must abide by the rules of the commodity world. Things that are divorced from their actual value will fall down sooner or later.
The land of any country is not as tense as the Japanese. Their population density ranks second in the world, and their forest coverage rate is as high as two-thirds.It is such a country with scarce resources, especially land resources, that the value of real estate also has a limit.
And what is the population density of the several Southeast Asian countries invested by the Liao family?How big is the market capacity?Obviously, when the imaginary huge benefits were in front of them, Liao Chen and his son had lost their sense of normalcy, and never thought that they would become the last person to beat the drums and pass the flowers.
But now that Mr. Liao has spoken, Deng Hua can't continue to put on airs: "It's normal. The market in Southeast Asia is limited. Coupled with the disparity between the rich and the poor, real estate prices have long exceeded the purchasing power of most ordinary people. As for the stock market, I'm afraid it's time to intervene." More short orders, no one dares to take orders and do long."
"Mr. Deng's enlightenment!" Liao Yufeng sighed. He didn't expect Mr. Deng, a petty bureaucrat, to know more about economics than his graduate from a famous university. If he were Mr. Liao before, he would definitely scoff at him. That's a great irony to modern education!
After experiencing the incident in Southeast Asia, Mr. Liao is no longer impetuous. If Liao Yufeng becomes pragmatic and wise, it will definitely be a blessing to the Liao family.Even if it is worth losing all the investment in Southeast Asia, it is estimated that Mr. Liao thought so and stopped it at the last moment.
Speaking of what he saw there, Liao Yufeng still had lingering fears: "When I rushed to Southeast Asia, I was still full of confidence. Only when I entered the market did I know that the stock price has deviated too much from the actual value, and there is no chance to sell again."
The economic crisis in Southeast Asia really broke out in 97. In fact, hidden dangers had begun to emerge as early as 95.It's a pity that everyone is greedy. No one cares about the crisis. Even if there is a little bit of luck, who will be the last one to be unlucky?
Mr. Liao started last year to ask the Liao family to withdraw from Southeast Asia. Unfortunately, Liao Chen and his son were obsessed with money and delayed until this year to start the operation, but it was too late.It's just that the two of them stopped disobeying the old man's order and completely blocked the news, but the family's finances were tight but they couldn't hide it from others.
There is no need for Mr. Liao to go into details, Deng Hua is already very aware of the severe situation over there. Have you never eaten pork or seen a pig go away?In the previous life, Mr. Deng was the son of a brother. Although he hated the soaring housing prices in the world, he didn't feel it for Mr. Deng.
The Deng family was in the real estate business, and old Deng could not allow housing prices to skyrocket, not to mention Deng Mingyi was not the only one who benefited from rising housing prices!But after rebirth, you, Comrade Xiao Deng, have carefully studied the collapse of the Japanese bubble economy. You originally wanted to take the opportunity to make a fortune, but it was a pity that you were born at an untimely time.
Others don't know, Mr. Deng clearly remembers the real estate bubble of the Japanese, which continued to fall until ten years later.At this moment, it is ready to be seen what to do, Comrade Xiao Deng frowned: "You might as well hold back your wrists and take decisive measures, maybe you can save some of your assets."
"This!" Liao Chen's eyes flickered, obviously unwilling, "Mr. Deng, is there no more perfect way?"
Troubles are all due to strength, greed is always a knife!Chairman Liao didn't seem to realize that [-]% of the reason why the Liao family was in trouble came from the greed of their father and son!Looking at Liao Chen with a half-smile, then turned to look at Old Liao: "Old man, is this what you mean?"
"Hey!" Liao Guangfu shook his head, "The old man can't see how big the crisis is, but if half of the funds can be guaranteed to return, it will be a great fortune!"
Putting a thumbs up to the old man, Deng Hua said with emotion: "As expected of being killed on the battlefield, he is super sensitive to crises!" He looked at Liao Chen and his son, "If Chairman Liao can trust me, It’s still too late to make a move, otherwise, next year at the most, the Liao family’s money will be wiped out!”
"Is it really that dangerous?" The two masters turned pale with shock, although Liao Chen and his son already felt the crisis, they still had a little illusion.In other words, I still doubt someone Deng’s point of view. No one has the ability to predict, and no one knows what will happen tomorrow, let alone this time next year. “Is there no better way?”
And Liao Yufeng is even more a proud figure. Many rich three generations are enjoying life, but he is running around for the future of the family.According to Liao Yuhan, brother Yufeng is the pride of the Liao family, and Mr. Liao treats her less than one-tenth of brother Yufeng.
Mr. Liao, who has always looked above the top, never expected that the westward strategy he advocated would turn into a mess. The previous beautiful book asset appreciation was on the verge of bursting like a blown soap bubble in a blink of an eye. All the funds of the Liao family were lost. Trapped in Southeast Asia, it is impossible to withdraw capital.
That was the family business that Mr. Liao had worked hard all his life. Seeing that his father and son turned into soap bubbles in Southeast Asia and made a big splash, he had no chance to earn real money back.For Liao Yufeng, it was tantamount to cutting flesh in his heart. I have to say that Xiao Liao is very filial and has always respected his grandfather very much.
Mr. Liao bowed deeply to someone Deng: "Deng Hua, I was wrong at the beginning, please look at Yuhan's sake, for Grandpa's sake, and help the Liao family once."
"Young Master Liao is out of order!" Deng Hua refused Liao Yufeng's gift, and turned to Elder Liao, "Old man, I am just a small bureaucrat, my studies are only a mere correspondence college, and I know all about business matters... "
Liao Guangfu sighed: "Xiao Deng, the old man hit it off with you, and I don't want to go around in circles with you. The Liao family's investment in Southeast Asia can't be withdrawn. Hehe, to tell you the truth, the old man still saw the opportunity early, and those people are still blowing the bubble. They all thought that real estate and the stock market could still go up. Finally, Liao Chen is not obsessed with money, and if he wants to stop in time, there is no one to take over the offer!"
Over the past few years, the Southeast Asian stock market has risen wildly, and real estate prices have increased by leaps and bounds. Many foreign capitals have poured into Southeast Asian countries, hoping to make a fortune.In the second quarter of 96, Mr. Liao forced Liao Chen to withdraw his capital from Southeast Asia, even threatening suicide. Liao Chen reluctantly agreed to withdraw his capital from Southeast Asia.
Liao Yufeng was ordered to start selling the properties invested by the Liao family, but he didn't expect that all the market conditions would be soap bubbles. Seeing that the price was very good, he had no purchasing power.Just like Tokyo, Japan six years ago, the land price in the Japanese capital at that time was almost equivalent to the entire continental United States, so that the little devil clamored to buy the United States.
It's a pity that any commodity has its actual value. Some people may say that real estate is a product that is just in demand, and it can rise without limit.The problem is that as long as it is a commodity, it must abide by the rules of the commodity world. Things that are divorced from their actual value will fall down sooner or later.
The land of any country is not as tense as the Japanese. Their population density ranks second in the world, and their forest coverage rate is as high as two-thirds.It is such a country with scarce resources, especially land resources, that the value of real estate also has a limit.
And what is the population density of the several Southeast Asian countries invested by the Liao family?How big is the market capacity?Obviously, when the imaginary huge benefits were in front of them, Liao Chen and his son had lost their sense of normalcy, and never thought that they would become the last person to beat the drums and pass the flowers.
But now that Mr. Liao has spoken, Deng Hua can't continue to put on airs: "It's normal. The market in Southeast Asia is limited. Coupled with the disparity between the rich and the poor, real estate prices have long exceeded the purchasing power of most ordinary people. As for the stock market, I'm afraid it's time to intervene." More short orders, no one dares to take orders and do long."
"Mr. Deng's enlightenment!" Liao Yufeng sighed. He didn't expect Mr. Deng, a petty bureaucrat, to know more about economics than his graduate from a famous university. If he were Mr. Liao before, he would definitely scoff at him. That's a great irony to modern education!
After experiencing the incident in Southeast Asia, Mr. Liao is no longer impetuous. If Liao Yufeng becomes pragmatic and wise, it will definitely be a blessing to the Liao family.Even if it is worth losing all the investment in Southeast Asia, it is estimated that Mr. Liao thought so and stopped it at the last moment.
Speaking of what he saw there, Liao Yufeng still had lingering fears: "When I rushed to Southeast Asia, I was still full of confidence. Only when I entered the market did I know that the stock price has deviated too much from the actual value, and there is no chance to sell again."
The economic crisis in Southeast Asia really broke out in 97. In fact, hidden dangers had begun to emerge as early as 95.It's a pity that everyone is greedy. No one cares about the crisis. Even if there is a little bit of luck, who will be the last one to be unlucky?
Mr. Liao started last year to ask the Liao family to withdraw from Southeast Asia. Unfortunately, Liao Chen and his son were obsessed with money and delayed until this year to start the operation, but it was too late.It's just that the two of them stopped disobeying the old man's order and completely blocked the news, but the family's finances were tight but they couldn't hide it from others.
There is no need for Mr. Liao to go into details, Deng Hua is already very aware of the severe situation over there. Have you never eaten pork or seen a pig go away?In the previous life, Mr. Deng was the son of a brother. Although he hated the soaring housing prices in the world, he didn't feel it for Mr. Deng.
The Deng family was in the real estate business, and old Deng could not allow housing prices to skyrocket, not to mention Deng Mingyi was not the only one who benefited from rising housing prices!But after rebirth, you, Comrade Xiao Deng, have carefully studied the collapse of the Japanese bubble economy. You originally wanted to take the opportunity to make a fortune, but it was a pity that you were born at an untimely time.
Others don't know, Mr. Deng clearly remembers the real estate bubble of the Japanese, which continued to fall until ten years later.At this moment, it is ready to be seen what to do, Comrade Xiao Deng frowned: "You might as well hold back your wrists and take decisive measures, maybe you can save some of your assets."
"This!" Liao Chen's eyes flickered, obviously unwilling, "Mr. Deng, is there no more perfect way?"
Troubles are all due to strength, greed is always a knife!Chairman Liao didn't seem to realize that [-]% of the reason why the Liao family was in trouble came from the greed of their father and son!Looking at Liao Chen with a half-smile, then turned to look at Old Liao: "Old man, is this what you mean?"
"Hey!" Liao Guangfu shook his head, "The old man can't see how big the crisis is, but if half of the funds can be guaranteed to return, it will be a great fortune!"
Putting a thumbs up to the old man, Deng Hua said with emotion: "As expected of being killed on the battlefield, he is super sensitive to crises!" He looked at Liao Chen and his son, "If Chairman Liao can trust me, It’s still too late to make a move, otherwise, next year at the most, the Liao family’s money will be wiped out!”
"Is it really that dangerous?" The two masters turned pale with shock, although Liao Chen and his son already felt the crisis, they still had a little illusion.In other words, I still doubt someone Deng’s point of view. No one has the ability to predict, and no one knows what will happen tomorrow, let alone this time next year. “Is there no better way?”
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