Chapter 77: begin
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Rebirth of the Financial Overlord
- Flower skin
- 1469 characters
- 2021-01-30 04:29:12
The Ministry of Finance, Neon Government, the department in charge of finance, taxation, and finance.
What concept?
There are 9 bureaus in the Ministry of Finance, including the Ministry of Finance and the Accounting Bureau, the Main Taxation Bureau, the Customs Bureau, the Financial Management Bureau, the Securities Bureau, the Banking Bureau, the International Finance Bureau, the Mint Bureau, and the Printing Bureau.
Its supervisors include the Ministry of Finance, the Ministry of Taxation, the Central Bank and the Securities Regulatory Commission, insurance, etc.!
This is the Province of Tibet.
As the executive president of the Ministry of Finance, Ichiju Yasuno’s orders are the imperial edict in the market. Once, he made the crashing neon stock market go up and down with just one call.
And this time, Ichiju Yasuno made a very difficult decision.
On the same day, all commercial banks in RB received a notice of resolution from the Ministry of Finance.
The market interest rate has been lowered to 2% from the current 6%.
A cumulative drop of 4%.
This resolution made major financial institutions ecstatic.
Since Ichie Yasuno took office, Neon's major financial institutions and financial markets have been under tremendous pressure. As soon as Ichie Yasuno took office, he announced that he would burst the bubble in the neon economy and continuously raise interest rates from one percent. It's six percent.
Capital is the pursuit of profit.
The 5% increase in interest rates caused the huge amount of hot money in the market to roll into the bank and sleep.
This makes major financial institutions very painful.
The more liquidity, the more active the market. If liquidity decreases, market activity will decrease.
When all money goes to the bank to sleep, market liquidity will inevitably be frustrated, and it immediately affected the direction of the securities market.
It was precisely this decision. The neon stock market plummeted by more than 2,000 points on the first day Kazuyuki took office.
Under the plunge, the quotas of securities assets by major financial institutions have been greatly affected, and even the creditworthiness of the banks has been affected. The Chiba Credit Cooperative, Neon’s second largest local credit cooperative, announced its bankruptcy. Pacific Bank and 11 other small banks had a run at the same time.
And the stock market once fell to 20,000 points.
It’s good now. A one-time cut in interest rates by 4% will release Japanese yen liquidity. This super positive is bound to ignite the securities market again.
Buy, buy, buy.
As long as there is buying, buying, buying, then everyone can make money.
However, after receiving the second document from the Ministry of Tibet, the executives of the major commercial banks couldn't laugh anymore. They just felt a bit of cold.
Reduce the current mortgage loan ratio and raise it to 75% in one go.
What does mean?
can probably be explained as reducing the real estate loan reserve to 25% of the original.
Erling Bank, Office of the Deputy Governor.
Bugawa Nakajiro had a long absence with a document from the Ministry of Tibet.
He felt cold all over.
In recent years, the investment of Erling Bank in real estate is not a small amount, and it is precisely because of the profit in real estate that the profit of Erling Group can increase at a geometric rate year after year.
But now...
The loan reserve was reduced by 75% at once, which is no different from canceling the mortgage.
The Ministry of Finance is to give up the real estate industry.
The crisis, the terrible crisis made Bucheon Chujiro's hands shake.
It can be imagined that once this undisclosed operation is exposed, what kind of reaction will the house price have. In the past, major companies jointly responded that the province of Tibet would not lower interest rates, but now suddenly the rate of reduction is so large...
Bugawa Nakajiro has already understood why.
This is setting up a buffer zone. At present, real estate prices have stagnated. If the news of lowering the mortgage reserve goes out, you don't need to think about the consequences.
Residents will give priority to the disposal of real estate in their hands. Real estate companies’ performance will fall to the freezing point. Real estate listed companies will face huge sell-offs in the market. With real estate companies’ weight in the securities market, it is likely to trigger a series of unmanageable chain effects.
Lowering interest rates and releasing some liquidity will create a buffer effect.
Just, does this kind of buffer really work?
Bugawa Nakajiro didn't know.
He only knew that the property could not be kept.
Unwilling, doubtful, frightened.
But in the end, Bucheon Zhongjiro could only sigh.
NTT went public in the first two years, and it skyrocketed 400,000 yen on the first trading day. By April 22, it had risen to 3.18 million yen. At that time, everyone thought that NTT was the government specially sending benefits to shareholders. Now, it has broken.
fell by 40%, and those retail investors who subscribed became NTT's takers.
"Ha ha!"
Fukawa Zhongjiro laughed unconsciously to himself, he said silently in his heart.
"Escape! Fang Nujun! Escape, stock market players."
Compared to the self-deprecating self-deprecating of Fuchuan Nakajiro, Erling Bank Changchun Sangshui Maru is less thoughtful.
Since the Ministry of Finance has notified the major institutions first, it shows that it has made a choice.
for the overall situation.
Of course, fear is also fearful, but after the fear, Chunshang Mizumaru picked up the phone on the table. As the adopted son of the Erling family, he has the responsibility to give priority to solving family problems.
"I am Chunshang."
"The real estate can't be kept, let's sell it as soon as possible..."
"Hey, hey!"
"......"
After hung up the phone, Chunshang Mizumaru picked up the phone again and gave instructions to all the bank supervisors.
"Stop all loans related to real estate. You heard it right, it's everything, everything. Bargain, don't you understand? It's all mortgages that stop, do as I say."
"......"
There is never a secret in the world.
The next day the non-publicly enforced documents of the Ministry of Finance were published, those who should know would naturally know it. Of course, the publicly enforced documents were known to everyone.
The 36th floor of the Nikawa Building, Chuo-ku, Tokyo.
Shen Jiannan stretched his legs on the desk, shaking the rotating chair under his hips from time to time.
Cut the interest rate to 2%, which is really interesting.
At this time Ichijo Yasuno lowered the interest rate unless... he wanted the neon to explode in place.
is definitely not the reason.
Kazue Yasuno wandered in the Northeast when he was young. This kind of guy is all about the strong heart of the empire, so there is only one possibility. Now he has no choice but to abandon the car and protect his pawn.
Shen Jiannan raised his eyebrows involuntarily.
Neon is a complex full of contradictions. They are careful, conservative, and cautious most of the time, but sometimes they will be extremely hysterical and crazy, and once the madness is over, they will return to their nature~www.mtlnovel. com~ As a defeated country, Ichiju Yasuno should have realized something.
Shen Jiannan picked up the cigarette from the table, he took a sip and turned it over on the table casually.
On the table are all newspapers from major media.
both local neon and major media organizations around the world.
What’s interesting is that many media have reprinted Li Daxiao’s article, and even the cover is printed intact.
But Shen Jiannan did not make any arrangements for this.
"I want to use Lao Tzu as a gun!"
As the initiator of the first plan, Shen Jiannan couldn't have any compelling numbers in his heart.
Obviously, this is because some people want to short Neon and use him as a gun by the way. If no one behind the media arranges, it is impossible to reprint the article of Li Daxiao.
is definitely not the Neon Man himself, right...Neon Man is also possible.
But what does it matter!
Li laughed anyway, so he didn't care.
spit out a breath of smoke, Shen Jiannan glanced at the computer monitor on the desk.
slightly dimly dazzling, the computer displays red, green, and red candlesticks.
OSE Nikkei 225.
It can be seen that from February of the year to the present, the Nikkei has been ranked between 26,000 and 27,500 after rebounding.
In this regard, market experts believe that Ichijo Yasuno’s regional leverage plan has stabilized the market, and the neon economy has repaired the previous deviations.
Everyone knows that if you can believe it, it would be a ghost.
Pressed out half of the cigarettes in his hand, Shen Jiannan picked up the encrypted satellite phone and dialed out.
"William. You can start your wonderful performance."