Kitahara Sosuke touched him and drank it all in one gulp.
Taro Hamaka, who was on the side, smiled and hugged the kimono girl next to him, lifted his hands, stopped talking, and gave the two of them time to negotiate.
After drinking and eating food for a while, Xu Yongzhong slowly spoke: "President Kitahara, let me tell you straight. Those civil engineering clubs in Hehe Village are industries of our Dadian Construction, and 10% of them cooperate with your Dongsan.
The remaining 90% are customers of Sumitomo Bank. We have invested all our money in the stock market and real estate market. I believe you know better than me what the result will be."
Kithara Sosuke remained silent, waiting for him to finish speaking.
"I asked the finance department to calculate it. You Dongsan has nearly 8 billion yen in bad debts in Hedali Village. It is the one with the most debt among all the towns and villages. This is probably why you chose Hedali Village as a pilot area for the loan repayment plan."
Xu Yongzhong looked at him with a smile, the joking in his eyes gradually getting stronger,
"Although most of the 8 billion bad debts are not built in Dadian, I know all those clubs, which basically invested all their funds in the stock market and real estate market. It would be even harder for you to recover it. And what you have done is even worse.
The loan scheme is just taking advantage of the situation, and they will never give in."
"That's not necessarily the case." Kithara Sosuke took a sip of sake. He knew what Xu Yongzhong was talking about. The reason why he chose Valley Village was mainly because there were many factories of manufacturing companies here, some of which he got from Takeuchi Rubber.
Zhizhi Automobile Manufacturing Co., Ltd. also sets up factories and processes here.
"Haha, President Kitahara, stop pretending to be calm!" Xu Yongzhong admires this young man's composure. How can he still keep his composure when things have reached this point?
Now who doesn’t know that the total amount of non-performing debt announced by the Banking Bureau in the first half of the year is as high as 12 trillion yen, which has begun to affect the proportion of its own capital. Under this situation, 21 giants have successively issued secret documents internally, requiring the following branches to
The branch is fully committed to handling bad debts and expanding business.
"Industrial Bank of Japan and Sumitomo Bank have both issued notices to liquidate bad debts. I believe Tosan will not lag behind others." Xu Yongzhong laughed loudly and decided to use his last secret weapon to defeat Kitahara Sosuke, "You must deal with these.
Bad debts, but you don’t want to repay the loans with loans. With your loan repayment plan, if you delay it for six months or a year under normal circumstances, you may be able to persuade the presidents of these clubs to sell their assets and agree to be acquired. But now, it won’t work!”
"Why doesn't it work? Apart from this step, do they have any other way to exchange money? If you are referring to real estate, there are so many houses listed in Osaka, but I don't see anyone willing to take over." Kitahara Sosuke smiled.
If they don't sell their house, they won't have the money to repay the loan. With their current stagnant production capacity, the repayment of the huge mortgage loan is far away. If they fail to repay the loan within the three-month mandatory repayment period, they will have to file for bankruptcy.
Once bankrupt, individuals, companies, and their families are worthless in Japan.
They escaped debt and lost their human dignity.
Everything in the future will be restricted, and all the money obtained will be used to settle debts except for basic needs, and family members will be unable to hold their heads high.
Such homeless people will increase dramatically in the future.
"Haha, I have a little tidbit. President Beihara can listen to it." Xu Yongzhong sneered a few times, approached him, and decided to completely crush his hopes, "You should also understand that in order to avoid the free capital ratio being too low due to low off-book income,
If it is too small and loses its qualifications for international financial business, various banks will have to rescue the market. First of all, the stock market cannot continue to sink. Secondly, the real estate market must be tightly controlled. Once the real estate market completely collapses, what will be the consequences? You who are in finance know better than us.
Bar."
"Indeed." Kitahara Sosuke nodded. This is a situation that anyone with a discerning eye can see, but reality is reality and expectations are expectations. The collapse of the housing market cannot be stopped by everyone.
Unless someone can prevent a large number of retail investors and middle- and lower-class corporations from withdrawing from the real estate market and continue to desperately drive up housing prices, even if a consortium does take action, the housing market bubble will burst sooner or later.
The stock market and housing market are the two major mirrors of Japan's economy and society during the bubble era, and are also known as the two major myths that keep Japan from collapsing.
If one falls, the other will never be able to survive alone.
Understand this truth, and the government is desperately resisting the consortium for the benefit of the Gulf War, the latter can only choose to give in, slowly divest from the real estate market, and let the people take over. This way, the loss will be the least, and then slowly settle the interests and accounts with the government
, is obviously the best move the consortium can make.
If they don’t take action, who will come to the rescue?
The penniless Bank of Japan, the Ministry of Finance or the government whose own finances are also very tight?
With that kind of money, they would have already invested in the Gulf War. Who would care about the life and death of the country and its citizens?
People's money is not money from their own pockets.
"I know Governor Kitahara doesn't believe that someone will fund the rescue, but there will be." Xu Yongzhong continued to smile, and then lowered his voice and said one word, "Julianna Tokyo."
Of course Kitahara Sosuke knew about this unfinished project. He was not stupid. When Xu Yongzhong said this, he had already realized the crux of the problem.
"You mean, Sanhe and others will use this project to build momentum and continue to drive up housing prices?" Kitahara Sosuke frowned, this was a point he ignored.
“Not only the Sanwa Foundation, but also the Sumitomo Foundation will also take action. I think you don’t know, Governor Kitahara, that the introduction of the total land limit policy this time is actually between the Prime Minister’s Cabinet, the Bank of Japan, the Ministry of Finance and the foundation.
A game!"
Xu Yongzhong looked at the young man in front of him, and the more he talked, the more excited he became. Because he helped those big guys transport banknotes and artworks, he knew a lot of information. At this time, he was talking to Kitahara Sosuke, deliberately showing off to let him know his information.
I have a special identity and background, so I hope Kitahara Sosuke can be more aware of current affairs.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Therefore, he mentioned the names of big shots, intending to scare this young man who knew nothing about the world.
"Oh?" Kitahara Sosuke pretended not to know.
"Haha, it's actually related to the Gulf War. The Gulf War is related to oil distribution and price control in the Gulf region. Powerful countries all want a share of the pie. I heard that this time the United States refused our participation, but the Prime Minister fought for a quota at a price
It’s another housing market bubble after completely bursting our stock market bubble!”
"They made a huge gamble for the fate of the country, causing the consortium to suffer heavy losses, and therefore received a strong counterattack. Former Bank Director Tsuchida Genmasa, as well as a group of Ministry of Finance officials, and the resignation of senior officials within the Bank of Japan were the work of the consortium. If
If the housing market bubble continues to shrink, the consortium will continue to take action to suppress the government and the Bank of Japan, and will never show mercy!"
Xu Yongzhong, who was standing on the side of the consortium, sneered, and the implication was to warn Kitahara Sosuke that you are just a small deputy branch president. Even the highest-level Ministry of Finance and the Bank of Japan cannot withstand the offensive of the consortium, let alone you.
, don’t try to use your arms as a chariot and bring shame on yourself!
"But this time, with the pressure of the proportion of their own capital, the consortium and the government are on the same line again. When the Gulf War starts, a steady stream of funds will be needed to invest in the war. Where will this money come from? Will the government or the consortium provide it?
?It can only be done by the people!”
Yes, politicians and financial groups have the same position on cutting leeks to feed American daddy and then sharing a little profit to line their own pockets.
"Therefore, as long as the Gulf War continues, the housing market bubble cannot burst! Only in this way can we have a steady stream of funds to invest in the war. You should understand this, President Kitahara."
Xu Yongzhong's mouth went dry as he spoke, and he raised his glass and drank it all in one gulp. The girl in kimono on the side quickly poured the wine, but she secretly glanced at the more handsome Kitahara Sosuke, wondering how this man would respond to this aggressive attack.
"Well, to put it simply, the consortium continues to sell real estate to the people through the real estate market bubble. A large amount of the people's money is collected into their hands, and then they invest in the war to earn more profits. As long as the real estate market bubble is still there, capital flows
It will not break. The longer the war lasts, the more benefits there will be, and they are the biggest winners! Because the housing market collapsed in the later period, it is the citizens, not their consortium, who are burdened with huge debts."
Kithara Sosuke smiled, what a good calculation. He raised the house prices to absorb funds, and then invested in the war to make money. After that, the house prices fell, but the debts would not be reduced. They used the inflated money, but they did not pay back the money.
As a citizen, as long as the government and the Bank of Japan cooperate, everything will be so easy.
"If my guess is correct, the government, the consortium and the United States have already reached an agreement, and if the consortium can join this interest group, it will probably give a lot of money to the United States?"
Kitahara Sosuke recalled a certain period of history in the feudal period of China. Foreigners lived a superior life to others, and the imperial court and foreigners worked together to deceive the people. How similar.
"Women, money, power, land, resources! No one doesn't like these, and Americans are no exception!" Xu Yongzhong is certainly not qualified to know the specific content of the negotiation. Anyway, the result is the same as what Kitahara Sosuke said.
This makes it very clear.
If the real estate market goes up, these investors will naturally continue to rush in and die. Who will sell their houses to repay their mortgages during this period?
The first shot was the important project of Nissho Iwai promoted to a super general trading company under the name of Sanwa Foundation - Juliana Tokyo Nightclub.
Construction begins on a landmark building of the bubble era!
The final prosperity and madness is coming!
Yes, all this is so perfect. As long as the future lives of these generations of citizens are taken as the price, this government and consortium will stand on top of the world!
As long as the Gulf War can last a year or two as they expected.
Everything will come back.
It's a pity... The real Gulf War broke out on January 17, 1991, and an armistice agreement was reached on February 28, 1991, ending the Gulf War - a total of 43 days.
During this period, in addition to some war dividends, Japan and other countries that hoped to be long in the oil market were defeated miserably by the United States' premeditated control of oil prices. When they woke up, the war was over.
It was once again stabbed by the United States and their consortium. The most severely damaged were the Japanese government, which was betting on the fate of the country, and the Japanese consortium, which spent a huge amount of money trying to make money from the oil market.
The corners of Kitahara Sosuke's mouth turned up slightly and he said nothing.
Xu Yongzhong thought he was frightened and continued: "President Kitahara, you can't recover those bad debts. In that case, why don't you spend some Dongsan money on me, and then let me help you deal with these 80
One hundred million yen? I only charge 800 million yen."
At the same time, Dongsan acquired the non-performing assets in his name, which also allowed him to avoid becoming a leek entering the real estate market during the Gulf War. He achieved multiple benefits with one stone.
This matter is just to let Kitahara Sosuke steal a lot of Tosan's money, and it is indeed beneficial to the bad debt problem, so he only needs to nod.
In Xu Yongzhong's opinion, Kitahara Sosuke's refusal to agree was simply because he felt that he had been tricked, and he was a bit unconvinced by young people.
"I understand, but President Kitahara, you should have the arrogance of young people, but you have to use it in the right place. You in front of the consortium is just like she is in front of me, hehe."
Xu Yongzhong patted the kimono girl with his hand and suddenly said coldly,
"You, take off your kimono and face me."
She lowered her head and complied with such a humiliating request, just crawling on the ground without any dignity.
Xu Yongzhong looked at Kitahara Sosuke and sneered: "President Kitahara, this is absolute power!"