Rebirth: Japanese investor

   Chapter 715 Evil Smile

  Kishimoto Masayoshi put down his phone and put it on the dining table, and continued eating his breakfast as if nothing had happened.

   Sakai Rie, who was sitting across from him, was full of disbelief written all over his face. Her husband once again sacked other countries by himself.

   "Aren't you really afraid that the South Korean government and the central bank will take some measures to actively intervene in the stock market?" Sakai Rie said, not without fear for him.

   "Under normal circumstances, the central bank only needs to raise or lower the deposit interest rate to actively intervene in the rise and fall of the domestic stock market. The central bank raises the deposit interest rate, and the stock market will fall accordingly.

   Some of the funds in the stock market will flow back to the bank. There are more people who sell stocks than people who buy stocks, and they sell each other at a lower price, which will naturally cause the stock market to fall.

   If it lowers the deposit rate, the stock market will rise. Part of the deposits in the bank will flow to the stock market, and more people will buy stocks than sell stocks, and the competition to buy will drive the stock market up.

  Money has a natural profit-seeking nature, and where the profit rate is high, it will often take the initiative to go there. The problem now is that the adjustable leverage of the Bank of Korea has already lowered the deposit interest rate to zero, and it will lose this function.

   Because it is impossible to reduce the deposit rate into negative again. Even if the deposit interest rate is lowered to a negative interest rate by the Bank of Korea, in the actual operation of commercial banks, it will not really be lowered to the level of negative interest rate, at most zero interest rate.

   In the face of competition among peers or to leave a certain space for small banks to survive, big banks will even symbolically raise the deposit interest rate by a small amount. " Kishimoto said while eating.

   He paused, picked up the milk cup, raised his head and took a sip, then added: "Actually, the reason is very simple.

  The money deposited in the bank has no interest. Instead, it is converted into a small amount of principal. What do you think ordinary people would do?

   They would rather keep their personal cash at home than in a bank. Even if there is money in the bank, it will be taken out and put in the home.

   The remaining tricks of the Bank of Korea are not only few, but they have little effect when they are used. In addition, the South Korean government's series of policies to stimulate the economy aggressively since the Asian financial crisis in 1997 has created a more urgent need for the Korean banking industry.

   On the one hand, in order to stimulate national consumption to boost the economy, deposit interest will inevitably be lowered to the maximum extent.

   On the other hand, the purpose of issuing credit cards aggressively is to make it easier for ordinary citizens with low current income and little spending power to make various purchases. In other words, if you have no money to buy it, I can lend you money to buy it.

   This is completely indebted consumption, which completely empties the foundation for dealing with future risks. Not only does it happen to ordinary Korean citizens, but it also happens to the Korean banking industry.

  Although the series of actions by the South Korean government and the central bank has played a role in short-term economic recovery and improvement to a certain extent, it has ignored the uncertain risks in the future.

   Ordinary citizens will inevitably be blindly optimistic because of the illusion of economic recovery. They mistakenly believe that personal income will increase significantly in the future, which can then be easily used to pay off many current debts.

   As a result, it has become more and more bold to consume in advance. At the moment, it is such an unbearable situation to give them the harsh reality. "

   Sakai Rie understood his explanation. According to the meaning of his man, in a word, South Korea is doomed this time.

  The national wealth and the people’s fat that Korea has accumulated over the years of development will be looted again by outsiders.

   "There is also an assumption that even if the South Korean government completely puts down its national dignity and face and asks the IMF for assistance again, it will suffer from an unpaid debt, so as to avoid the embarrassment of opening its mouth.

   Therefore, the biggest possibility for the Korean government is to turn to Europe, America, and Japan's big banks for a rescue. As for the benefits, of course, there will be no political clauses attached.

The disadvantage of    is that the interest rate is much higher than the loan interest provided by the IMF. ' added Kishimoto.

   Sakai Rie fell into silence. And can she not be aware of the huge pain that many Koreans will suffer from unemployment, no job, no money... for a long time in the future? In reality, it's not as good as in Korean dramas.

   "Isn't it possible, you are still moved with pity?" Masayoshi Kishimoto looked at the expression on his wife's face and couldn't help laughing.

   "I know, you will definitely say that you are not a bad person, but there is no way. You just follow the established rules of the game.

  If you didn't do this, we wouldn't be able to live in such a big house, and we wouldn't be able to use so many servants to live such a good life. " Sakai Rie said with a stern smile.

   "As expected of my wife, she will rush to answer." Masayoshi Kishimoto did not change his smile.

   "I'm too lazy to care about you." Sakai Rie blurted out and made her debut.

   "If you ignore me, then I will eat my breakfast properly." Kishimoto Masayoshi calmly said.

   Because he doesn't have to go to the company today, he eats slowly. It took another half an hour before he finished his breakfast. He took the phone, stood up and walked towards the koi pond at home.

   Kishimoto Masayoshi stood by the koi pond, and he observed that there was no one around, so he searched and found Natsui Makoto's cell phone number and dialed it, "I won't come to eat at noon today.

   I may not be able to come to you for lunch at noon recently. Let's talk about it after I've been busy for a while! "

   Xia Jingzhenqin read the morning news report on the Hard Gold Group, and was really worried for him, and said very nervously: "Are you going to be alright?

  I read the relevant news reports about the Hard Gold Group, and you have another big event. The South Korean president also urgently summoned the Japanese ambassador to South Korea. "

   "What can I do? The people who really do something are Koreans. The Asian financial crisis in 1997 was the result of the economic development of South Korea over the past few decades, which was looted by foreign capital from Europe and the United States.

   This time, I am going to loot a portion of South Korea’s economic development over the next few decades. In order not to lose international credibility, the South Korean government will inevitably abide by the established rules of the game.

   Because once the South Korean government loses its international credibility, it will have a devastating blow to it. After all, South Korea is a country with an export-oriented economic development model, and naturally foreign capital is indispensable. "

   Kishimoto Masayoshi had an evil smile on his face that he didn't even notice, and his eyes were looking into the distance without any cover.

   (end of this chapter)