Chapter five hundred and sixty seventh bubble burst
"Little Dog, have you bought stocks recently?" After coming out of the company and getting on the subway, the little Dog's stupid wolf heard a voice.
Turning his head and seeing it was his former friend, Xiao Ji Zhengsan.
"The market fell a little today, so I sold all of them." Xiaoduan Yilang said.
"You are so stupid! You will definitely rise again tomorrow!" Xiao Ji Zhengsan said: "I saw the decline today and I was fully stocked."
"But, our market is already very high now." Xiaoduan Yilang said.
"Our economy is developing so rapidly now, and it has surpassed the United States and has become the world's number one. The market is higher, which is normal. Are you worried about falling down?" Xiao Ji Zhengsan said: "Listen to me, you will have full positions when the market opens tomorrow, and you will be able to make a profit!"
As he was speaking, the analysis of today's stock experts was broadcast on the subway TV.
"Today, the market has risen a little slowly and even stagnated. It is completely normal. It may be just a peak period of trading. Everyone can rest assured that the economy of our island country is developing rapidly. Our companies are acquiring American companies in large quantities, and our Sony companies spend a huge amount of US$3.4 billion to buy Hollywood Columbia, which represents the "soul of the United States". Our Panasonic Group spent US$6.1 billion to buy Universal Film Company. Mitsubishi Heavy Industries invested 8.
51% of the shares of the Rockefeller Center in New York, known as the "American Mark", is known as the "American Mark". It won't take long to make all American companies become companies in our island countries. Our island countries have the largest economy in the world and there will definitely be no economic problems! Our stocks have been rising for 25 consecutive years. Some people say that our stock market will rise forever, which can only be a myth, but now I want to say that this is definitely not a myth. This is reality, the reality of our island countries' economy in the world!"
This stock expert is very magical. In the past two years, it has been said that which stock will rise, which one will rise like a rocket. Now, listening to his words, the little dog is stupid and immediately relieved. It’s all because he is too cautious! He sold it at the lowest point in the market today. He lost a lot! He originally planned to make more money in the stock market and then buy a house! Only with a house can he marry a wife.
Sure enough, the next day, the market began to rise gradually again.
There are too many investors who believe in the economic myth of the island country. In their eyes, there are only interests and no traps. The island country is about to acquire all the American companies! Even Americans have to work for the island country! With such confidence, how can the island country's stocks fall!
In the stock market, the most feared thing is to follow the trend. When it rises, everyone is happy. When it falls, whoever is trapped will have the will to commit suicide.
That's it now. As confidence in the stock market continues to increase, those who sold stocks yesterday restocked their positions, and the market continued to rise slowly.
In this way, after five days in a row, the market has been rising and falling every day, and the overall trend seems to have fallen slightly.
At this time, some international financial speculators began to realize that the situation was not good. In recent years, there have been several stock market crashes. Now, the situation is the same as before. It seems that in order to ensure that you have a little insurance, you should reduce your holdings of stocks!
Now, it’s another Monday, and it’s a terrifying day!
And on this day, when the market opened again, the market began to plummet. The stocks with a height of 9,000 points began to fall wildly. Damn it, it must have been last Friday that someone sold a large number of stocks!
The futures market was also in chaos. Just last Friday, a large amount of funds had left the island country.
On that day, the stock price fell by 30%, and countless assets evaporated without a trace. The futures market and the real estate market began to decline rapidly. The high-priced housing prices that were so expensive that ordinary people looked up to finally began to fall. Unfortunately, many people's wealth also disappeared, and they still couldn't afford to buy houses. A large number of houses under construction have become unfinished buildings, and even the Sidine Ginza, the landmark building in Tokyo, was unfinished.
The myth of the island country's economy being the first, completely shattered, and what it brings to the island country will be a period of economic stagnation that lasts for twenty years.
With the stock market plummeting, the market value of bonds and real estate markets shrank severely. Banks that used to issue large amounts of loans were panicked. As creditors, they strongly demanded that debtors, enterprises and speculators individually increase margins or pay off their loans. However, the debtors are already poor and can only use stocks and real estate as collateral. Now these collaterals have depreciated significantly, so many small and medium-sized banks have gone bankrupt one after another. With the sharp decline in stocks, corporate financing is seriously threatened. Many companies that cannot withstand this wave have to file for bankruptcy, and the entire island country's economy is in chaos.
No wonder Mhamad. Pakistan is just withdrawing its investment, but it has not carried out other malicious hype. The big bubble will burst sooner or later. I can't let Pakistan pay for the islanders, right?
"We withdraw 90% of the funds." Lilis said to Mhamad: "Through various channels, funds have begun to enter Indonesia."
"Well done," Mhamad said: "Now, many companies in the island countries are on the verge of bankruptcy, and the island companies in our country are also in crisis. Now, it's time for us to negotiate with them!"
Stocks are a means for companies to raise funds. Through stock appreciation, companies can provide more financing to facilitate the company's further development. Now, with the sharp decline in stocks, many companies are insolvent and unable to operate, which just gives Pakistan an opportunity.
Pakistan can't control other places, at least Pakistan can take care of those island companies in Pakistan.
Karachi.
This is a coastal port and an important industrial base in Pakistan. The loose conditions and good environment, especially the large amount of low-priced labor, have made many companies in the island country like this. After all, due to the impact of the square agreement, the domestic labor costs of the island country have increased significantly. Therefore, establishing factories in third world countries is their necessary choice.
In the northern suburbs of the city, many foreign-funded enterprises are located here. Among them, the largest area is Toshiba Electronics, which produces the most advanced ram memory here, which is a necessary component for electronic computers. The optical storage system has just begun 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 company here suddenly became tighter.
"General Manager, the head office came down to inform us that we would pay our salary one month later." The financial manager walked into Hiroaki Tanimura's office and said to him.
Hiroaki Tanimura! Now the general manager of the Pakistani branch is Hiroaki Tanimura! At the beginning, it was with his strong recommendation that Toshiba Company came to Pakistan to set up a factory, which showed great advantages. After that, Hiroaki Tanimura was sent here and became the top leader.
Sitting on the wide and comfortable leather seats, Tanimura Hiroaki frowned: "What? Payment is paid one month later?"
When there is a problem with the company's funds, the most popular method is to deduct workers' wages. Anyway, this is Pakistan. The Labor Law has just been promulgated. Workers' legal awareness is not very strong. If you deduct one month first, you can reduce the pressure on the head office.
"Yes, the head office has intercepted our finances. Even if we want to pay, we have no funds to pay." said the financial manager.
"Okay, I understand, go down." Tanimura Hiroaki raised his head to the back of the chair and looked at the ceiling. It seemed that the impact of this economic crisis on the country was really great. Can those economic experts really not see the domestic economic bubble?
Hiroaki Tanimura was also worried. He used a sum of funds from the company to conduct financial speculation. He originally planned to make more profits, but he also planned to fill the holes in the company after making money. However, the increasingly high stock price made him reluctant to take out the money. As a result, all of them have been wasted!
Thirty million! It's not 30 million yen, but 30 million US dollars! Although he is the general manager, with his personal salary, he will definitely not be able to fill such a big hole. At the peak, the stock price reached 200 million US dollars! He still dreamed that he could open a new company without relying on Toshiba Company! But now, with the stock price plummeting, the market value of those stocks is less than 20 million US dollars. More importantly, he can't find the next one to take over, and he can't even get rid of it if he wants to.
Fortunately, this is a branch, almost his independent kingdom. As long as the head office does not send people to thoroughly check the company's assets, there will be no problem. After all, Hiroaki Tanimura did not directly misappropriate the funds in the company's account, but used other means.
"General Manager, it's not good, it's not good!" At this moment, the beautiful female secretary hurriedly ran in with her high heels, twisting her butt, with a panicked expression on her face.
"What's wrong? What's the fuss?" Tanimura Hiroaki said, his eyes paused on the secretary's towering chest for a moment, his tone was very impatient, he had enough worries.
"The Karachi government came to our company to inspect and found that the wastewater discharged by our company had not been purified. Now we will be fined a high amount!" said the secretary.
Wastewater! The production of electronic equipment requires the discharge of a large amount of wastewater, and the treatment of these wastewater requires a lot of money. In the past, Toshiba could still clean the wastewater and discharge it after meeting the standards. However, now that the company's funds are tightened, the provinces that are in the province need to save money.
Chapter completed!