I’m sorry Buddha, I tripped over my lover
Chapter 059
Chapter 0059: The Mansion Will Fall!!
Shortly after the start of 1991, the Central Bank announced that the bank discount rate would be raised from one percent to six percent.
Many Yanzu may not know much about bank discount rates, which are the interest rates charged by the central bank when lending to commercial banks or financial institutions.
Increases or decreases in discount rates often indirectly affect the interest rates charged by banks to customers.
If the central bank’s increase in mortgage interest rates in the past was just a small test, now it has increased the bank discount rate, which can be described as a strategy to cut off the descendants.
After the central bank issued this policy, in just a few days, all the commercial banks in the entire small day were like funerals, and they didn’t know what to do.
You know, all commercial banks living on loans today, and more than 95% of them are real estate loans.
Moreover, the interest rate of commercial banks lending to companies and individuals is only 4 percent, and the discount rate charged by the central bank to commercial banks directly reaches 6 percent
This means that the larger the amount of money lent by commercial banks, the greater the amount of losses.
Faced with the small day of the central bank’s trick, commercial banks decisively chose an extremely terrible plan to stop all loans to the real estate industry.
In just half a month, all the commercial banks of the small days stopped the mortgage business, which made all the people who were interested in buying real estate instantly increase their vigilance and stop the mortgage business.
For a time, the entire Japanese property market was in turmoil and fell all the way.
Soon, the six major consortia came together and began to negotiate the event.
At present, 890% of the funds of the six major consortiums are invested in the property market, and if the property market is slumped, the six major consortiums may go bankrupt at any time.
Shortly after the central bank’s policy, in a luxurious suite at the Imperial Hotel in Tokyo, the heads of the six major consortiums gathered to negotiate this shocking policy response.
In the hotel, the heads of the six major consortiums are extremely gloomy, such as the funeral Kaoya Not long ago, the six major consortiums signed an agreement with Lafitte with great interest to receive Lafitte’s real estate worth 150 billion US dollars at a 20% discount.
However, in just a few months, the situation changed dramatically.
After the central bank announced that it would raise the discount rate to 6 percent, the price of the property market in Xiao Ri plummeted, and now it has fallen by 30%.
At this time, the eyes of all the consortiums looked at Mitsui Kazuki, the head of the Mitsui Foundation
The Mitsui Foundation has a prominent position among the chaebols in Xiao Niang, and has a faint position as a leader.
The history of the Mitsui family has a long history, as early as the Kohiko shogunate period, the founder of the Mitsui family, Mitsui Hachiro Bei Takatoshi, had already opened a silk satin estate in Edo, which is now Tokyo, and later also operated a money house.
Since the 20s of the 18th century, the Mitsui family has opened a Mitsui exchange shop, which mainly handles the exchange of silver money, becoming a commercial capital plus usury capital, and funding feudal princes, handling foreign exchange for the Tokugawa shogunate, becoming a wealthy merchant as a privileged merchant and one of the largest financial bankers in the world.
Mitsui Kazuki saw everyone looking at him, and he secretly cried in his heart.
But forced by the situation, Mitsui Kazuki had to sigh and said: “Everyone, our celebration banquet was not long ago, and I can still vaguely smell the wine of the celebration banquet. ”
“But now, we have to accept the cruel reality, the domestic property market, I am afraid that it is no longer able to return to the sky.”
“If you have any ideas, you don’t have to hide them now, just say it.”
“If I don’t say it today, I think I won’t really have any good opportunities in the future.”
Iwasaki Koyata, the head of the Mitsubishi Foundation, said angrily: “Your Excellency Mitsui, you haven’t found out until now, we have fallen for the beautiful countrymen.” ”
“From the very beginning of the Plaza Accords, it was a huge conspiracy.”
“The beautiful country is afraid that we will surpass them to become the world’s largest economy, so it chose this brazen method to plunder our wealth.”
“We must not sit still and give away the empire we built to a beautiful country.”
Yasuda Kojiro, the head of the Fuji Foundation, nodded and said, “Your Excellency Iwasaki is right, we have been deceived by beautiful people. ”
“They have never been our friends, but hungry wolves who are eager for our wealth.”
“Everyone here has signed an agreement with that hateful beautiful countryman Lafitte, 150 billion US dollars, what a number.”
“If house prices in the six major cities in China continue to fall, the wealth we have worked hard for many years will only be given to that hateful Lafitte for nothing.”
“Your Excellency Mitsui, since the 16th century, the Mitsui family has controlled the economic lifeline of our native land.”
“To this day, you are still the leader of our six major consortiums.”
“Now that we are young, we have reached the point of life and death, and we all yearn for a great leader to lead us out of this predicament.”
“This glorious and difficult task, except for His Excellency Mitsui, I think no one here is up to the task.”
The rest of the chaebol leaders couldn’t help but give a thumbs up after hearing Yasuda Kojiro’s words, this killing technique is really pure.
Everyone immediately responded to Yasuda Kojiro’s words and said in unison: “Your Excellency Mitsui, I am afraid that no one can bear the burden except Your Excellency, please fight the first shot of resistance for the sake of the six major consortiums and for the whole small life.” ”
Seeing this, Mitsui Kazuki was immediately extremely angry in his heart, this group of dogs, usually let you listen to me, you are the same as two fifty eighty thousand.
Now that you encounter something, you remember to let Lao Tzu preside over justice, what did you do earlier.
Mitsui Kazuki hurriedly waved his hand and said, “Guys, you have all witnessed our contract with Mr. Lafitte. ”
“All the conditions were signed after everyone agreed together.”
“And one thing to remind you is that the guarantor of this transaction is Morgan Bank in Beautiful Country.”
“J.P. Morgan Bank’s status in the beautiful country, I don’t think I need to say more.”
“The Morgan family controls all the power of the Republican Party, and it can be said that it controls half of the beautiful country.”
“Although it is very shameful to mention it, but in the current small day, there is no courage to refuse in front of the beautiful country.”
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