Rebirth of the Great Entertainment Empire

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The money that Xu Cun earned from Mitsui Bank is not from Mitsui Bank, at least not entirely from Mitsui Bank, but to a group of depositors of Mitsui Bank, plus the high amount of money that Mitsui Bank earned from Xu Cun. Interest, in this loan transaction, Mitsui Bank is at most not making money, so Mitsui Bank, including Mitsubishi Bank, which is connected with Mitsui Bank, does not have much resentment against Xu Cun.

Therefore, Mitsui Bank is willing to continue to cooperate with the wealthy Xu Cun. Hmm... Be prepared to say that it should be willing to continue to make money from Xu Cun.

It is precisely because of this, seeing Xu Cun's expression of interest, the president of Mitsui Bank immediately said: "Our Japanese government is planning to build Financial Street, intending to turn Financial Street into Japan's Wall Street, Xu Sang, I wonder if you are willing to participate in this. A project that is sure to make money?"

It is no exaggeration to say that Japan's property market prices and rents are now the highest in the world.

In the early 1970s, in order to prevent Japan's economic deterioration after the 'Nixon Shock' (that is, the United States abandoned the gold standard and led to the collapse of the Bretton Woods system), the then Japanese Prime Minister Kakuei Tanaka proposed the "Japanese Archipelago Reconstruction Plan" in 1972. ", advocates a bold shift to the torrent of urban concentration, and spreads the vitality of the nation and the strong spare capacity of the Japanese economy to the entire Japanese archipelago. Leverage the nationwide reconfiguration of industry and intensification of knowledge, the construction of new railways and expressways across the country, and the formation of information and communication networks to bridge the gap between urban and rural areas, and between Japan's coast and inland.

Subsequently, the Japanese government vigorously popularized modern infrastructure nationwide to eliminate the gap between urban and rural areas. With the re-planning of industrial and agricultural areas and expressways and Xinyu Line (high-speed railway) as the core, the price of the property market was comprehensively promoted. After that, the property price in Japan Just like sitting on a rocket, it began to fly fiercely into the sky.

If there is no external intervention, the "Reconstruction Plan of the Japanese Archipelago" should be regarded as one of the most successful cases in the history of the world economy in which the state guides macroeconomic development.

pity--

The Plaza Accord came.

Since the "Plaza Accord" made the yen appreciate significantly against the dollar, overseas hot money poured into Japan, and more Japanese capital was liberated from the manufacturing industry, from housing prices to the stock market, from overseas acquisitions to financing and lending, The entire Japanese economy fell into a state of madness, and land prices rose sharply at the same time. Initially, the Tokyo area was extremely hot, and then the upward trend spread to Osaka, Nagoya and other cities. Now, 'crazy' is not an exaggeration to describe the speed of land prices in Japan - Tokyo's commercial land prices have risen by 48.2% this year, and residential land prices have risen by 21% Fifth, the rate of increase has exceeded the period of "reconstruction of the Japanese archipelago". Next year will be even more terrifying, with prices for commercial land in Tokyo rising by 61 percent and residential land prices by 68 percent. Commercial land prices in Tokyo will nearly triple next year compared with last year, while residential land prices will more than triple. By the end of next year, the current price of land in Japan will be 1,673 trillion yen, which is 2.9 times the current price of land in the United States, which is 26 times the size of Japan.

By the early 1990s, only Tokyo included the residence of the Emperor of Japan - the Imperial Palace, the Japanese Diet (Nagata Town), the Metropolitan Police Department, the Supreme Court (Supreme Court), and most of the central government offices (central administrative units) located in Otemachi. In Chiyoda District, which is located within, the market value of land will be close to the total land price of New York State or a small European country. Therefore, there is a saying in the world that "the price of land in Tokyo can buy the entire United States."

Although in the mid-1990s, the sudden withdrawal of international hot money led to the bursting of the Japanese economic bubble, and the land-guaranteed loans also presented great risks. Major banks had to sell their land and real estate at low prices to get back their funds. Japan's property market prices have plummeted by almost half from their peak.

But at that time, the property prices in Tokyo, especially in Chiyoda district, were still outrageously high. Not to mention the financial street as the center of the economic center?

In other words, Mitsui Bank has indeed brought Xu Cun a good project to make money.

Why was Mitsui Bank so "kind" to bring Xu Cun a project that was sure to make money?

There are four reasons:

First, the Mitsui Bank, including the Mitsui Consortium behind it, simply does not have the strength to monopolize the entire financial street in Chiyoda District - the financial street in Chiyoda District can be said to be a crouching tiger, and the Mitsui family is only one of the four major families in Japan. The other three major families are also working on the idea of ​​this project, plus a number of oligarchs in the Japanese royal family, political circles, and business circles. How could the Mitsui family swallow the entire pie of the Financial Street?

Second, the branch of Baye Bank in the financial street of Chiyoda District occupies a good location. No matter who develops the financial street of Chiyoda District, Xu Cun cannot be avoided.

Third, in recent years, Japan's economy is too abnormal. Out of conservatism, the Mitsui Consortium also hopes to find a powerful institution to share the risks.

Fourth, Mitsui Bank can't give Xu Cun too much of the pie, and Mitsui Bank has to earn back the corresponding benefits from Xu Cun.

This is exactly the case. The president of Mitsui Bank directly stated the conditions: "We, Mitsui Bank, can obtain a piece of land of 1,500 ping (three ping equals ten square meters) for you, Xu Sang~www.wuxiamtl.com~Location Just around the location of your Baye Bank, the land price is so poor that you need to make up for it according to the market price. You can build a skyscraper with 40 or 50 floors. In addition, in view of Xu Sang, your current economy is a little tight, we at Mitsui The bank is willing to provide you with a loan of 1 trillion yen for a period of two years, with the same interest as before, as collateral... Just use your buildings in Xiangjiang and your skyscrapers in Chiyoda District Financial Street."— - To put it bluntly, Mitsui Bank forcibly loaned Xu Cun 1 trillion yen for two years of interest on the condition of introducing the project to Xu Cun.

The interest on a loan of one trillion yen for two years is not a small number for anyone, but it is not unacceptable compared with the profit and potential value of a skyscraper in the financial street of Chiyoda Ward. of.

So, after thinking about his temple for a while, Xu Cun asked the president of Mitsui Bank, "Can I settle in US dollars like this time?"

The president of Mitsui Bank looked at Xu Cun and asked, "Do you think the yen will continue to appreciate in two years' time?"

Xu Cun said noncommittal: "I think the dollar will be the most stable currency in the world for a long time to come."

Sanjin Bank, which has already suffered a loss, has long formulated a loan strategy-in recent years when the currency has been unstable, the money that Mitsui Bank has lent will come from depositors who deposit money in Mitsui Bank. Therefore, even if the yen continues to appreciate, the loss will be the vast number of depositors who put their money in the Mitsui Bank, and it will never be the Mitsui Bank. Therefore, Mitsui Bank's loan to Xu Cun this time is a transaction that can make a profit without losing money.

It is precisely because of this that after hearing Xu Cun's answer, the president of Mitsui Bank reviewed the pros and cons and said, "Yes."

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