Chapter 1257 Yang Ming Published a Speech on the Japanese Bubble Economy! It Caused a Sensation Around the World

Chapter 1257 Yang Ming publishes a discussion on the Japanese bubble economy! A global sensation! !

This time, Yang Ming still hopes to locate the headquarters of the International Internet Association in Hong Kong. Therefore, the Imperial Group will not give up easily before it is the end.

At this time, it has entered December, and soon, Japan's bubble economy will cause a global sensation.

However, at this time, the bubble economy in Japan has not yet been punctured.

In 1989, the Japanese bubble economy reached its peak. At that time, various economic indicators in Japan reached unprecedented high levels. However, due to rising asset prices that could not be supported by industry, the so-called bubble economy began to decline.

At this time, both Toyo Real Estate and Toyo's stock market are still rising.

In the eyes of those Japanese investors, as long as they open their eyes, everything is going up and there is a steady stream of money.

This has led many white-collar workers in Japan to quit their jobs and start speculating in real estate or stocks.

Yang Ming knew that Dongyang's bubble economy had reached this level and could not continue to rise. Therefore, either Dongyang would take the initiative to burst the bubble, or it would bring about or even cause a crisis in Dongyang's economy due to this bubble.

According to Yang Ming's understanding, Dongyang will definitely take the initiative to burst this bubble.

Before Dongyang had not taken the initiative to burst this bubble, and even many investors and consortiums around the world were still optimistic about Dongyang's economy, Yang Ming was preparing to publish an article.

On the Oriental Bubble Economy!

Yang Ming wrote nearly 20,000 words eloquently, and they were all in English.

A lot of detailed information and data are used in it.

"The direct cause of the appreciation of the yen against the U.S. dollar is the change in the trade balance between Japan and the United States; the fundamental cause is the change in Japan's economic strength against country M."

. . .

"From 1979 to February 1985, the multilateral exchange rate of the U.S. dollar against the currencies of 10 other developed countries increased by 73%. The appreciation of the U.S. dollar expanded the trade deficit of country M. In 1980-1, the trade deficit of country M with the East increased from 15 billion U.S. dollars to 11.3 billion U.S. dollars. At the same time, Japan's trade surplus with the United States increased from US$7.66 billion to US$46.15 billion. The huge trade balance made Japan the world's largest debtor and the world's largest creditor. , Dongyang’s external net assets are 111.4 billion U.S. dollars and its external debts are 12 countries.”

After Yang Ming finished writing, he checked it many times.

Then it will be handed over to the Imperial Group Institute of International Economics.

The Imperial Group does have this research institute, but it has been keeping a low profile before.

At this time, Yang Ming was preparing to publish this article in the name of the ‘Imperial Group International Research Institute’.

When Lin Xiuzhi brought an article to the Imperial Group Institute of International Economics, the Imperial Group Institute of International Economics published it in relevant internationally renowned journals.

Because it was an article from the Imperial Group International Research Institute, this article quickly attracted the attention of well-known economic journals.

And these journals, and the newspapers they cooperated with, began to reprint this article.

In other words, this article, from the hands of Yang Ming, became a global sensation.

It's almost a week.

At this time, Dongyang's real estate was still skyrocketing.

The Japanese stock market is still soaring.

The Japanese yen continues to appreciate in Japan.

However, since this year, Toyo has felt the pressure, and Toyo Bank has decided to change the direction of monetary policy. Beginning in May 1989, the Bank of Toyo began to increase the central bank's discount rate. At the same time, the Ministry of Finance of Toyo required all financial institutions to control real estate loans, and the Bank of Toyo required all commercial banks to significantly reduce loans.

Originally, Toyo's policy has changed. In fact, some investors have noticed it. However, many investors continue to be blind, thinking that Toyo's national destiny will not lead to such a collapse in real estate or even a collapse in the stock market.

As soon as this article published by the Imperial Group International Research Institute came out, it immediately caused a sensation all over the world, especially in Japan.

Why is that?

Because what was said above are all facts, and it has now begun to proceed as predicted above.

In other words, Japan's bubble economy will definitely be punctured, and it will be a hard landing.

At this time, many Dongyang real estate investors and even Dongyang stock market investors were suddenly frightened.

And here in Xiangjiang.

Bao Yugang, whose health is getting worse and worse, rarely appears in public anymore. He basically spends his time recuperating at the Bao family villa in Deep Water Bay.

Breakfast this day.

Bao Yugang had just gotten up, and his second son-in-law Wu Guangzhen hurriedly brought a newspaper to Bao Yugang to read.

"Father, brother-in-law's investment can be dangerous."

In fact, that time the Imperial Group transferred Xu Qingsheng back to Hong Kong from Dongyang and served as the CEO of the Hong Kong United Stock Exchange. The smart Bao Yugang immediately discovered that something was wrong with the economy in Dongyang. He had asked Shinichiro Watari and his wife to try their best to bring Dongyang property is thrown away.

However, Watari Shinichiro and his wife only sold part of the property, and most of the properties are still in their hands.

"Father, look, this is an article published by the Imperial Group International Research Institute. It was published a week ago." Wu Guangzhen handed the newspaper to his father-in-law Bao Yugang.

Bao Yugang took it over and read it. It was written very clearly on it.

On the Oriental Bubble Economy.

In other words, the current economy in Japan is a bubble and is not worth so much money at all. It is far more serious than the real estate crisis and stock market crisis in Hong Kong back then.

Moreover, the real estate crisis, stock market crisis, and even the Chinese banking crisis in Hong Kong were all solved by the Empire Group and Sir Yang.

Today, no one can solve the bubble of such a big country like Japan.

Then the only solution is to burst it yourself.

"Wu Shinichiro didn't listen to me." Bao Yugang sighed and said.

"Guangzhen, call them immediately and ask them to come back from Tokyo to see me."

"Yes, father."

Wu Guangzhen hurried to call Wu Shinichiro.

At this time, Bao Yugang's hands were still shaking.

At the beginning, the Japanese property purchased by Wu Shinichiro and his wife could still make tens of billions if it was sold according to the Tokyo housing prices at that time, but now it is definitely impossible to sell it, so it can only fall sharply. As for what it will become, he dare not believe it.

Even if Tokyo's real estate will gradually recover in the future, it is unknown how long it will take.

Bao Yugang was wandering around. Although he had already divided the Bao family's property into four parts, how could he not be worried when he saw the investment of his third son-in-law?

"Father, I called my brother-in-law and my third sister, and they said they would fly back to see you immediately."

"Let's go, let's go meet Sir Yang."

At first, Bao Yugang only met Xu Qingsheng.

Xu Qingsheng also gave Bao Yugang face and talked a lot, but Xu Qingsheng didn't dare to say anything to the other party about the Empire Group's foreign investment.

Now, Bao Yugang knew that he still had to meet Sir Yang in person.