Chapter 567: The Bubble Bursts
"Little dog, have you bought stocks lately?" Coming out of the company and getting on the subway, the little dog stupid wolf heard a voice.
turned his head and saw that it was his former friend, Chick Zhengsan.
"The market fell a little bit today, so they all sold off." The little dog said stupidly.
"You're stupid! If it goes down today, it will definitely rise again tomorrow! Xiao Ji Zhengsan said: "I saw the decline today, and all the positions were full." ”
"However, our current market is already very high." The little dog said stupidly.
"Our economy is developing so rapidly now, it has surpassed the United States and become the world's first, and the market is higher, which is normal, do you worry about falling?" Xiao Ji Zhengsan said: "Listen to me, the market will be full at the opening tomorrow, and you are guaranteed to make money!" ”
As he was talking, the TV in the subway broadcast the analysis of today's stock experts.
"Today's market rally is a little slow, and even stagnant, which is completely normal, probably just in time for a certain peak of trading. You can rest assured that the economy of our island nation is developing rapidly, and our enterprises are buying a large number of American companies, our SONY company, and spending a huge amount of 3.4 billion US dollars to buy Hollywood Columbia, which represents the "soul of the United States". Our Panasonic Group, which spent $6.1 billion to buy Universal Pictures. Mitsubishi Heavy Industries invested $850 million in 51 percent of the shares of New York's Rockefeller Center, known as the "symbol of America." It won't be long before all American companies will become enterprises in our island country, and our island country's economy is the first in the world, and there will be absolutely no economic problems! Our stock has been rising for 25 years, some say. It can only be a myth that our stock market will rise forever, but now I want to say that this is definitely not a myth, this is the reality, the reality that our island country has the largest economy in the world! ”
This stock expert is very godly. In the past two years, which stock has risen, which one will rise like a rocket, and now, listening to his words, the little dog and the wolf are immediately relieved, and they all blame themselves for being too cautious! I sold it today at the lowest time in the market, and I lost a lot! I was planning to make more money in the stock market and buy a house! With a house. to be able to marry a wife.
Sure enough, the next day, the market began to rise gradually.
There are too many shareholders who believe in the economic myth of the island country, and in their eyes, there are only interests, no traps, and the island country is about to buy all the enterprises in the United States! Even the Americans have to work for the island nation! With such self-confidence, the stocks of the island nation. How can it fall!
In the stock market, the most feared thing is to follow the trend. When it goes up, everyone is happy, and when it falls, whoever is trapped has the heart to commit suicide.
That's it now, as confidence in the stock market continues to increase. Those who sold stocks yesterday refilled their positions, and the broader market continued to rise slowly.
In this way, five days have passed, and the market has been rising and falling every day, and the overall trend. It seems to have fallen slightly.
At this time, some international financial speculators began to realize that the situation is not good, in recent years, there have been several stock market crashes, and now this situation, just like before, it seems that in order to be on the safe side, it is time to reduce stocks!
Now, it's another Monday, and it's a terrifying day!
And on this day, when the market reopened, the market began to plummet. The stock of 9,000 points on the high began to fall like crazy, and damn it, it must have been last Friday when someone sold a lot of stocks!
In the futures market, there is also a mess, and just last Friday, a large amount of money has left the island country.
On the same day, the stock price fell by 30 percent, countless assets, instantly evaporated without a trace, the futures market and the real estate market, also began to decline rapidly, the original expensive so that the average person looked up to the high property prices, finally began to fall, unfortunately, many people's wealth has also disappeared, they still can't afford to buy a house. A large number of houses under construction have become unfinished buildings, and even the Ginza Quad, a landmark building in Tokyo, is also unfinished.
The myth that the island country's economy is the first country has been completely shattered, and what it will bring to the island country will be a period of economic stagnation for 20 years.
With the sharp fall in the stock market, the market value of bonds and the real estate market has shrunk severely, and the banks that used to issue a large number of loans have panicked, and as creditors, they strongly demand that debtors, enterprises and speculators increase their margins or pay off their loans, but the debtors are already poor and can only use stocks and real estate as collateral, and now these collaterals have depreciated sharply, so many small and medium-sized banks have gone bankrupt one after another. With the sharp decline in stocks, corporate financing has been seriously threatened, and many companies that cannot withstand this wave have to file for bankruptcy, and the economy of the entire island country is in chaos.
It's no wonder that Mhammad, Pakistan just withdrew its investment, but there was no other malicious hype, the bubble is so big, it will burst sooner or later, and Pakistan can't be made to pay for the islanders, right?
"We withdrew 90 percent of the money." Lilith told Mhammad: "Through various channels, funds have started to enter Indonesia. ”
"Well done." "Now, many companies in the island countries are on the verge of bankruptcy, and those in our country are also in crisis, and now it's time for us to negotiate with them," Mhammad said. ”
Stocks, is a means for the company to raise funds, through the appreciation of stocks, the company can carry out more financing, to facilitate the further development of the company, and now, the sharp decline in stocks, many companies are insolvent, unable to operate, which just gives Pakistan an opportunity.
Pakistan can't manage other places, at least those island companies in Pakistan, Pakistan can still take care of it.
Karachi.
This is a coastal port, but also an important industrial base in Pakistan, relaxed conditions, good environment, especially a large number of cheap labor, so that many enterprises in the island country look at here, after all, due to the impact of the Plaza Agreement, the domestic labor cost of the island country has increased significantly, therefore, the establishment of factories in the third world countries, is their must choose.
In the northern suburbs of the city, many foreign companies are located here, the largest of which is Toshiba Electronics Corporation, which produces state-of-the-art RAM memory, which is an essential component of electronic computers. The optical storage system has just started production here. In addition to these, it is also responsible for assembling Toshiba's personal computers.
There was huge financial pressure on the headquarters, so the life of the company here suddenly became tight.
"General manager, the head office has come down to inform us that we will pay our wages one month later." The finance manager walked into Hiroaki Tanimura's office and said to him.
Hiroaki Tanimura! The current general manager of the Pakistani branch is Hiroaki Tanimura! At the beginning, it was under his strong recommendation that Toshiba came to Pakistan to set up a factory, which showed a huge advantage, and after that, Tanimura Hiroaki was sent here and became the number one.
Sitting on the wide and comfortable leather seat, Hiroaki Tanimura frowned: "What? Pay your salary a month late? ”
When there is a problem with the company's funds, the most favorite means to use is to deduct the wages of the workers, anyway, this is Pakistan, the labor law has just been promulgated, and the workers' legal awareness is not very strong.
"Yes, the head office has already withheld our finances, and even if we want to send them, we have no funds to distribute." Said the finance manager.
"Okay, got it, let's go down." Tanimura Hiroaki tilted his head back to the chair and looked at the ceiling, it seems that this economic crisis has really had a big impact on the country, those economic experts, really can't see the domestic economic bubble?
Tanimura Hiroaki is also worried, he used a sum of the company's funds to carry out financial speculation, originally planned to get more profits, and also planned to make up the company's hole after making money, but the higher and higher stock price made him reluctant to take out the money at all, and now, all of them are in vain!
Thirty million! It's not 30 million yen, it's 30 million dollars! Although he is the general manager, with his personal salary, he will definitely not be able to fill such a big hole, and at its peak, the stock price value reached 200 million US dollars! He still dreams that he can open a new company by himself without relying on Toshiba! But now, with the stock price plummeting, those stocks are now worth less than $20 million, and more importantly, they can't find a successor at all, and they can't get rid of it if they want to.
Fortunately, this is a branch, almost his independent kingdom, as long as the head office does not send someone to thoroughly check the company's assets, it will not be able to find a problem, after all, Tanimura Hiroaki is not directly embezzling the funds in the company's account, but using other means.
"General manager, it's not good, it's not good!" At this moment, the beautiful female secretary stepped on high heels and hurriedly ran in, her ass twisted and twisted, and she had a panicked expression on her face.
"What's wrong? What's all the fuss? Tanimura Hiroaki said, his gaze resting on the secretary's towering chest for a moment, his tone was impatient, he had enough worries.
"The Karachi government came to our company to inspect and found that the wastewater discharged by our company was not purified, and now we are going to be fined heavily!" The secretary said.
Wastewater! In the past, Toshiba could honestly purify wastewater and discharge it after reaching the standard, but now, the company's funds are tight, and the province will be saved.
Therefore, the waste water in the factory is stored during the day, and then quietly discharged into the nearby Heb River at night, and anyway, it will be 20 kilometers down to the sea, and it will not be detected. (To be continued......)