Rebirth of the Great Entertainment Empire

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The money Xu Cun earned from Mitsui Bank did not belong to Mitsui Bank, at least not all of it belonged to Mitsui Bank, but was deposited to a group of depositors of Mitsui Bank. Interest, in this loan transaction, Mitsui Bank does not make money at most, so Mitsui Bank, including Mitsubishi Bank, which is related to Mitsui Bank, does not have much resentment towards Xu Cun.

Therefore, Mitsui Bank is willing to continue to cooperate with the wealthy Xu Cun. Hmm... To be prepared, he should be willing to continue to make money from Xu Cun.

It is precisely because of this that, seeing Xu Cun's interested expression, the president of Mitsui Bank immediately said: "Our Japanese government is planning to build a financial street and intends to turn the financial street into Japan's Wall Street. Xu Sang, I wonder if you would like to participate in this project?" A project that is sure to make money?"

It is not an exaggeration to say that the current Japanese property market prices and rents are the highest in the world.

In the early 1970s, in order to prevent Japan's economic deterioration after the "Nixon shock" (that is, the collapse of the Bretton Woods system caused by the abandonment of the gold standard by the United States), Kakuei Tanaka, then Prime Minister of Japan, proposed the "Japanese Islands Reconstruction Plan" in 1972. 》, advocating a bold shift to the torrent of urban concentration, spreading the vitality of the nation and the powerful surplus of the Japanese economy to the entire Japanese archipelago. Leveraging the national reallocation of industry and intensification of knowledge, the construction of the Shinyu Line and expressways nationwide, and the formation of information and communication networks, we will eliminate the gaps between cities and rural areas, and Japan's coastal areas and inland areas.

Subsequently, the Japanese government vigorously popularized modern infrastructure throughout the country, eliminated the gap between urban and rural areas, and centered on the re-planning of industrial and agricultural areas, as well as expressways and Xinyu Line (high-speed railway), to comprehensively promote property market prices. It was like sitting on a rocket, and began to soar fiercely into the sky.

Without the intervention of external forces, the "Japanese Archipelago Reconstruction Plan" should be regarded as one of the most successful cases in the history of the world economy where the state guides macroeconomic development.

pity--

The Plaza Accord emerged.

Since the "Plaza Agreement" allowed the yen to appreciate sharply against the U.S. dollar, a large amount of hot money from overseas poured into Japan, and more Japanese funds were liberated from manufacturing, from housing prices to stock markets, from overseas acquisitions to financing and lending, The entire Japanese economy has fallen into an extremely crazy state, and land prices have also risen sharply. At first, the Tokyo area was extremely hot, and then the rising wind spread to Osaka, Nagoya and other cities. Now, it is not an exaggeration to use 'crazy' to describe the rising speed of land prices in Japan-the price of commercial land in Tokyo has increased by 48.2% this year, and the price of residential land has increased by 21%. Fifth, the rate of increase has exceeded that of the "Japanese Archipelago Transformation" period. Next year will be even more terrifying. The price of commercial land in Tokyo will increase by 61%, and the price of residential land will increase by 68%. Commercial land prices in Tokyo will nearly triple and residential land prices will more than triple next year compared with last year. By the end of next year, the total market price of land in Japan will be 1673 trillion yen, which is 2.9 times that of the United States, whose land area is 26 times that of Japan.

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

Although in the middle of the 1990s, the sudden withdrawal of international hot money led to the bursting of the Japanese economic bubble, and there was a great risk in loans secured by land. The major banks had to sell their land and real estate at low prices in order to withdraw funds, making the Japan's real estate market prices at that time had plummeted by almost half from their peak.

But at that time, property prices in Tokyo, especially Chiyoda, were still ridiculously 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 money-making project.

Then why is Mitsui Bank so "kind" to bring Xu Cun a project that is sure to make money?

There are four reasons:

First, Mitsui Bank, including the Mitsui consortium behind it, does not have the strength to monopolize the entire financial street project in Chiyoda District. The financial street in Chiyoda District can be said to be Crouching Tiger, Hidden Dragon, and the Mitsui family is only one of the four major families in Japan. The other three major families are also thinking about this project, together with the oligarchs in the Japanese royal family, political circles, and business circles. How could the Mitsui family monopolize the whole pie of Financial Street?

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

Third, in recent years, the Japanese economy has been too abnormal. Out of conservatism, the Mitsui Foundation also hopes to find a powerful institution to share risks.

Fourth, Mitsui Bank cannot give Xu Cun too much pie, and Mitsui Bank has to earn corresponding benefits from Xu Cun.

The fact is exactly the same. The president of Mitsui Bank directly stated the conditions: "We, Mitsui Bank, can fight for a piece of land of 1,500 pings (three pings equal to ten square meters) for Xu Sang, and the location is in your Baye Bank. The land price around the location is poor, and you need to make up for it at the market price. You can build a skyscraper with 40 or 50 floors. In addition, because Xu Sang’s current economy is a bit tight, we at Mitsui Bank are willing to provide you with a A loan of trillion yen, for two years, with the same interest as before, and the collateral... just use your buildings in Xiangjiang and the skyscrapers you built in Chiyoda Financial Street." - To put it bluntly, Mitsui Bank On the condition of introducing the project to Xu Cun, Xu Cun was forcibly loaned 1 trillion yen to pay Xu Cun two years of interest.

The interest on a loan of one trillion yen for two years is not a small amount to anyone, but compared with the profits and potential value that a skyscraper in Chiyoda District's Financial Street can bring, it is not unacceptable to Xu Cun. of.

So, after thinking for a while while pressing his temples, Xu Cun asked the president of Mitsui Bank: "Can we 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 noncommittally: "I think the U.S. dollar will be the most stable currency in the world for a long time to come."

Sanjin Bank, which has already suffered a dark loss, has already formulated a loan strategy-in recent years when the currency is unstable, the money that Mitsui Bank will lend will come from those depositors who have deposited their money in Mitsui Bank. Therefore, even if the yen continues to appreciate, the loss will be the majority of depositors who have deposited their money in Mitsui Bank, and it will never be Mitsui Bank. Therefore, Mitsui Bank's loan to Xu Cun this time is a deal that is sure to make money.

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

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