Chapter 1318: No. 317 Lack of Investment Syndrome

Along the way, William White has also wondered about the direction of California's high-speed rail. It is meaningless. Germanic technology is more advanced. From a security point of view, it seems to be very powerful. But again, the one that suits you is the most suitable.
Of course, this team came to Japan with great fanfare, definitely not for high-speed rail technology. There are a lot of banknotes in my pocket. Seeing that the Internet bubble is about to burst, White Investments has once again stepped up its selling. In William White's view, this bubble also seems to mean an immediate collapse.
There is no way to watch the current financial channel. It seems that there are miracles everywhere. In the eyes of ordinary American people, even if a few more William White appear, it seems that there is no need to make a fuss.
"Shinsaibashi?"
"Yes, boss, the busiest business district in Osaka." After dinner, William White declined the company of Japanese officials. In fact, they were not thinking anymore. The American emperor’s negotiation team came, and these guys are what they need. Headache.
"Sure enough, it is different from Ginza's scenery." Looking at the obviously smaller buildings, William White felt a little painful. These buildings in Japan, in William White's view, are a bit wretched. You said, why are you squeezing all these buildings into one pile? Tokyo is better, and the Bay Area can still be seen as a big city, but Osaka always feels depressed.
After taking inventory of his entrainment, William White was surprised to find that even he didn't seem to know what to invest in Japan.
During the bubble economy, projects that could stimulate economic development were basically exhausted. Don't mention infrastructure, there is already serious duplicate investment. From highways to high-speed rails, the valuable construction is basically completed.
"Fujita, if you give you ten trillion Dan, what can be invested in Japan."
Uh, it's that Fujita has seen some worlds and was taken aback by William White's words. Nima, if this is a bubble crisis money, although it is terrible, it is not like it is now.
"There is no way, let alone investment, even if it is to maintain value. The current inter-bank lending is basically stagnant. In this environment, the bigger the investment, the more difficult it is to make."
"Stagnation?" William White stopped and looked at Fujita with interest.
"How do you say this, tell me carefully."
"Small for ten people."
Looking at the bunch of small octopus balls, Fujita was full of black lines. Nima, boss, can you be more reliable? A group of guys in suits and leather shoes surround this stall. People thought it was a club that collects money.
Sure enough, the guy selling small was a little surprised. But it was only in astonishment. William White handed over ten thousand dan, and he had no other thoughts.
Even if William White was no longer young, he would never have enough to eat at the banquet of Little Japan. Don't look at dozens of dishes at every turn, this stuff is similar to feeding a cat, that is to say, it's interesting.
Of course, the small octopus are useless. I often see his daughter eating them. I am curious to try it myself today.
"Boss, before this, inter-bank lending was very frequent, with a deposit of 100,000 yuan, they dared to do a million business or even more.
But with the collapse of the housing bubble, the collateral in the hands of banks has shrunk. That's not a big deal. The current problem, whether you borrow or take a loan, is no longer willing to accept real estate or land as collateral. "
Today's William White is not the Wu Xia Amon from the previous life. He understood what Fujita said.
Including the future generations of the Rabbit Country, although the whole world is avoiding a topic, but what makes people helpless is that no matter how high-sounding reasons you have, the financial attributes of real estate cannot be deprived.
Housing is not speculation, this is just a idiotic dream. The most common collateral in the world, in addition to real estate, seems to be securities.
The current situation in Japan is that real estate and land have lost their financial attributes. This is horrible Nima. As we all know, in the craziest era of the Japanese bubble, only one land price in Tokyo can buy four U.S. land.
As for now, the seventy decline in housing prices is enough, but the problem is that a seventy percent decline is useless, and banks still don’t buy it. As I knew, if you took land and houses to mortgage in 1990, the bank will give you up to 110% of the loan. It's fine now, not to mention that the valuation has risen by 10%, and no one is willing to accept mortgage after it has fallen by 70%.
Therefore, Japan is now a pool of stagnant water. Bubbles may be illusory, but shrinkable valuations are not. After all, a considerable part of the land and real estate have actually been capitalized.
"Fujita, I know what you said. The only thing I don't understand is that this has been for many years, and it should be over long ago? It should be liquidated, it should come back, what's wrong with this half-dead?"
Fujita is speechless, haven't you seen the officials of the Ministry of Finance change?
The consortium knows the ghostly appearance of the Japanese bank, and the officials know it. They are actually waiting. As long as the prices of land and real estate stop falling and recover, then the market will naturally become active.
Isn't this the Asian financial crisis coming again?
The government has no money to rescue the market and calls on these banks to let bloodlett help themselves. If the yen really collapses, everyone may be beaten back to their original state.
Unfortunately, the bank refused. At this time, the Ministry of Finance discovered the problem. This institution in Japan has a very important responsibility to supervise financial institutions.
"They dare not say anything and must help the bank cover up the truth. Unfortunately, they are waiting for the worst moment."
"Fuck, then they still have money to lend me? Are these fooling me?"
Fujita smiled bitterly, not because of lack of money. Japan’s savings rate continues to rise. For fear of bank bankruptcy, many people move their deposits to larger banking institutions. Therefore, these guys like Mitsubishi and Mitsui are not short of money. On the contrary, the huge bank deposits make these guys big.
Of course, these guys are immortal, William White will not care. The only curious thing is that Buffett's squad can't invest. In Japan at the moment, if you use a sentence of fear, it can no longer explain the problem.
"Well, back to Tokyo, you can make an appointment with such a chaebol for me.
I think this is the best opportunity for us to fill in the last shortcoming in Asia. "
"Um, boss, are you planning?"
"White Square and White Center can be launched at the same time in Japan.
Fujita, did you forget that I am also a real estate crocodile. "
Not only Fujita was inexplicably surprised, even Philson was stunned. I don't know, I thought that this small meatball had eaten his head.
Facing the consternation of the two, William White didn't explain much. What can he say, there are many real estate crashes in this world, and in general, a 30% discount is the end. In this case, it is also the worst kind, and it is not so bad under normal circumstances.
It's impossible for Japan to get worse now, so why should I hesitate? Even if it is impossible to make a big profit, exceeding the income of ordinary bonds, it is not difficult.
Even so, what about playing the savior. At a minimum, it can also reduce the hostility of some people.
You see, buddies have sucked a lot of blood on you, but buddies are rewarded. In other words, buddies don't want to kill the pig right now.