Early in the morning, Kitahara Shuji got up, sat on the bed and dazed for a minute, then washed up, went out and found a maid who got up early, and asked where the nearest park was. The answer was that it was behind the building...
He wanted to go for morning exercise, but he didn't expect to get such an answer. He walked around the main building and took a look, and found that Kagura's house was bigger than it looked, much bigger.
The front entrance of the Kagura House looks inconspicuous, and the front yard is also very small, just an ordinary Japanese-style courtyard. But behind the building there are mini golf courses, parks, cemeteries and other facilities.
It is difficult to find, and it truly explains what it means that the meat of sheep does not grow on the face.
Kitahara Shuji was jogging in the morning while looking at the flowers. He felt that it was ridiculously big. But after running around and sweating slightly, he saw Kagura Jitsuna who was walking with his head down from a distance.
He took the initiative to say hello: "Good morning, Mr. Kagura."
Kagura Jitsuna looked up and was a little surprised to see him, but immediately smiled and said: "Good morning, Kitahara-kun."
Kitahara Shuji smiled and nodded, not intending to hinder his early morning exercise. At his age, a walk in the morning would probably be his morning exercise, or he might be thinking about something important, so it would be even more inconvenient to disturb him.
He was just about to go back when Kagura Jitsuna waved and asked, "Do you have time, Kitahara-kun? Do you have time to take a walk with me, an old man?"
"Okay!" Kitahara Shuji was a little happy, thinking that Kagura Harutsuna still wanted to talk about the unfinished topic last night, so he walked over quickly, but Kagura Harutsuna seemed to just want to find someone to accompany him, so he just stayed there in the cold.
He walked slowly in the wind without saying a word.
He took Kitahara Shuji for another circle. Kitahara Shuji's sweat disappeared, but his sweat came out. Reflecting the light of the morning sun, Kagura Jiuzuna stretched his waist and sighed: "I am really old."
Kitahara Xiuji smiled and said: "Your body is already very good."
He estimated that Kagura Jitsuna was in his seventies, but he actually looked like he was in his sixties, and he was indeed in good health. Anyway, he was better than Fukuzawa Naotaka, who was less than fifty but looked like he was in his sixties.
.
Kagura Jiuzuna smiled, did not talk about this topic anymore, turned around and looked around, and asked: "Do you still like it here?"
Kitahara Shuji smiled and said: "Of course, it is very big and the environment is very good."
"This is a gift of the times." Kagura Haritsuna said with a smile: "The houses and land here are now valued at 8.5 billion yen, but when I bought it, I only spent less than 1.2 billion yen."
Every inch of land in Tokyo is precious, and Setagaya District is the essence of Tokyo, a standard wealthy area, with one of the highest housing prices in Japan. Kitahara Shuji knew that such a large piece of land would not be cheap, but he did not expect that it would be so exaggerated that it would be close to tens of billions of yen.
It is equivalent to all the assets of an ordinary listed company.
He is now leading a bunch of salted eggs from the Fukuzawa family to make money. His net income is almost tens of millions of yen a year. He feels quite powerful, but it is still far behind compared with the real top class. Even if he earns on a yearly basis
At 100 million yen, it would take 85 years to own such a house, and it is absolutely impossible for Kagura Jitsuna to only have this one room and one piece of land.
However, his focus was not on the price. He asked softly: "Did you buy it after 1991?" During that time, Japan's real estate collapsed and social classes were reshuffled.
Kagura Jitsuna seemed to recall the past, with a bit of confusion in his eyes: "Yes, it was that time."
"The original owner..."
"Dead." Kagura Jitsuna pointed in the direction of the cemetery, "I even built a small Buddhist hall for him there."
"That's right..." Kitahara Hideji nodded lightly. He had seen introductions to that period in many Eastern Union materials, and it was a bit regretful that he couldn't go back to that time and personally experience the stormy waves of the era.
Kagura Jiuzuna looked at his expression and asked with a smile: "Do you want to hear my views on that era as a person who experienced it?"
Kitahara Xiuji cheered up: "Of course, if you don't mind."
This is the living fossil of the Japanese economy from its revitalization to its collapse. It is of course a great reward to listen to such a person talk about it personally. It can at least satisfy your curiosity. It would be better if you can learn some experience along the way.
"Let's talk while we walk over there!" Kagura Haruzuna seemed a little dissatisfied with his old age, and took the initiative to take the lead in walking, neither fast nor slow. After thinking for a while, he said with a complicated expression: "That was the best era for Japan, and it was also the best era for Japan.
The worst of times... It’s the best of times for me, it’s the worst of times for losers.”
Kitahara Shuji didn't say anything. He felt that Kagura Jitsuna was able to be where he is today. He was able to jump from the grassroots to the top and create a legend. He probably benefited greatly from the turmoil of the times. Times create heroes. I don't know if I have that.
Chance.
Kagura Haruzuna spoke very slowly:
"Many people think that the Japanese economy has been crushed. From the perspective of newcomers, they think it is because of the Plaza Accord, or because of the Americans. But from my experience as an experienced person, it is not the case. The Japanese economy is dying.
of."
"Japan's economic revitalization began with the baby dividend. After the war, there was a period of childbirth to make up for the gap. This was the baby boom. The baby boom suffered a generation, but it was also this generation that laid the foundation for economic revitalization. In addition to work, it is work, for
To support a family, labor costs are extremely low. In order for the family to survive, one can only obey unconditionally and endure all kinds of harsh environments... This is the old-fashioned and boring middle Showa generation among your generation."
"At the same time, the world situation is in turmoil, with two powers competing for hegemony, and local wars continue in Asia. However, Japan has US troops stationed in it and is in a controlled stage. It does not even have an army. It looks miserable, but because of this, it has no ability at all.
Involved in any external events, it became a natural haven for capital, and there has been a large inflow of foreign capital since then."
"Subsequently, the big countries across the sea made the decision to reform their economies, but at that time they were in desperate need of business development and all materials were extremely scarce. They didn't even have the production capacity to produce home appliances, so Japan exported high value-added home appliances to
There, I received unimaginable returns, expanded the scale of the enterprise, and had the capital to conduct various sophisticated research, thus having the capital to challenge the United States in the economic world."
As he spoke, Kagura Haruzuna led Kitahara Hideji out of a corner door, and Kitahara Hideji looked around with some vigilance. Why did he come out? Although I don’t know how much your net worth is, just based on where you live.
The house is eligible to be kidnapped. Is it appropriate for you to walk out of the house with me and escape from security protection?
But he looked at Kagura Jitsuna's expression and found that he didn't feel anything. He was still immersed in memories. He felt that he didn't seem to be the kind of person who didn't care about his own safety, so he didn't speak and continued to listen even to Kagura Jitsuna.
He is really stupid and running around alone. As long as he is here, seven or eight gangsters without guns will just come to kill him, so there is nothing to be afraid of.
He listened to Kagura Jitsuna continue to speak, "The whole of Japan was crazy at that time. The strong export of industrial products suppressed the domestic manufacturing industry in the United States, forcing the United States to force Japan to sign the Plaza Accord to protect its domestic enterprises from industrial stone production.
There was a massive wave of bankruptcies due to insufficient orders, but in the following five years, Japan’s economic growth rate was still higher year by year, so I don’t think the Plaza Accord and the Americans were the main reasons for Japan’s economic collapse.”
"In those five years, the stable investment environment brought about by Japan's armament, the booming market brought about by China's reform, the rigid demand for housing brought by the baby boom, and the crazy influx of overseas hot money into the investment market due to the sharp depreciation of the U.S. dollar expected in the agreement, completely made
Everyone believes that Japan will replace the United States and become the new hegemon of the world economy!"
"But everyone forgot one question..."
At this point, Kagura Haretsuna stopped talking, while Kitahara Hideji hesitated for a while, feeling as if this question was to test himself. He thought about it and said, "Japan's land is small, and its population is too concentrated?"
Kagura Haruzuna glanced at Kitahara Shuji, smiled and asked: "Yes, the country is too small, and the core land is less. It goes up as soon as you buy it. At that time, Tokyo's real estate valuation could buy the entire United States, but Japan's GDP
But it’s only half of the United States, and what do you think will happen?”
Kitahara Shuji pondered: "Japan's economic revitalization is based on the path of rejuvenating the country through scientific research and focusing on manufacturing. Soaring housing and land prices will attract a large amount of funds and squeeze out the share of funds originally belonging to the manufacturing industry?"
Kagura Jiuzuna smiled happily and continued:
"Yes, this is human nature. Why bother and waste effort when you can get money easily? At that time, investing in real estate was much less time-consuming and labor-intensive than spending a lot of money on scientific research and pursuing excellence in manufacturing export goods. The financial statements also looked good, and everyone was happy.
.”
"I remember that at that time, giants such as Mitsubishi, Panasonic, and Sony, which were solidly engaged in production, couldn't help but quit. They spent a lot of money to acquire land in Tokyo and build large-scale construction projects, not to mention other companies. The real estate industry is like a sponge.
It also sucked away all the funds that should have been used for normal production, that is, creating wealth. However, the government at the time made a mistake in judgment. Instead of stopping it, it believed that the appreciation of the yen caused a liquidity shortage, and began to force banks to lend, reducing the
The threshold for loans was raised, but they turned a blind eye to the misappropriation of loans. As a result, this huge flow of funds that could have saved everything did not save the manufacturing industry, but instead rushed into the property market with added leverage..."
Kitahara Shuji breathed a sigh of relief and recalled the information he had read in Donglian. At that time, Japan was also at the end of the second wave of urbanization. The urbanization rate in the country reached 76%, and the population was concentrated in the six cities headed by Tokyo.
Within the large core circle, huge amounts of money have been pouring into the real estate industry, causing costs to increase rapidly. As a result, the prospects are not as good as expected. The new generation generated by the baby boom cannot afford to buy a house, and they simply have no interest in buying a house. There is a lack of
However, the domestic manufacturing industry is stagnant, and the big country next door has gone too far. It has completed the commercialization of the market in just ten years, and won by quality and knocked Japanese electrical appliances out of the market. After losing external dividends, domestic
When demand is not strong, there are signs of collapse. Overseas hot money has a keen sense of smell and takes the lead in fleeing. The subsequent collapse of Japan's economy is simply inevitable.
Subsequently, the stock market collapsed, the futures market collapsed, the bond market collapsed, and the exchange rate collapsed. This series of collapses is also natural.
This also explains why the two countries began to try to restore normal relations in the 1980s, then deteriorated rapidly in the 1990s, and then tried to restore relations again in the new century. Japan needs China to buy its parts again.
From the perspective of Harutsuna Kagura, Japan's economic collapse was caused by self-destruction. The dividends were too strong, and it was so hard that it caused indigestion, and finally bleeding from the stomach. It is not a simple sentence in the book now. Japan is in the economic field.
He challenged the United States, but was slapped to death by the United States.
Kagura Haruzuna looked at him meditating there, smiled and said: "In fact, the general trend is a reflection of human nature. Everyone wants to make money easily, speculating in real estate, stocks and futures, but if they want to take it easy, they often get nothing in the end... Here we are,
This is the first bank I established, and I have to come here every day to see it."