Extraordinary Genius

980. Chapter 980 tragedy of Japan

Originally based on Japan’s economic strength, it is not easy to be successful by Soros. Unfortunately, this financial crisis in Southeast Asia, no matter which country is bad luck, Japan has to bear some losses.

Japan’s banking industry is highly developed, and there is a surplus of money. They invest in countries such as Southeast Asia. The development of finance and real estate in Southeast Asia is actually driven by Japan.

This model is not the model that Japan used to rise.

When Japan was pitted by the rice country, the economy turned back ten years. Later, they thought about it and went abroad to invest. Once the domestic economy has problems, it will be in other countries. This is what it is to learn from the country. It can continue to consolidate their position as the leader of Japan’s Asian economy.

But they didn’t expect it, they didn’t use them to start, the economies of those countries collapsed first!

And those countries, there are a lot of Japan banks, and Japan’s bank, also invested a lot of money in those countries, and also loaned a lot.

This was originally a good investment. The economies of those countries are growing at a high speed, and their investments can also make money. Therefore, they are also investing more every year, and the investment quota is getting bigger and bigger.

As a result, Feng Yu and Soros joined forces last year and swept across many countries in Southeast Asia, causing a sharp decline in the financial industry in those countries and a large depreciation of the currency.

Those countries that have lost a lot of money are certain, but every country is bad luck, and they are all tired of Japan.

Since the second half of last year, Japan has started bank and securities company bankruptcy. In the past few months, bankruptcy of banks and securities organizations has increased, because those countries continue to have bankruptcy.

Loans and investments can’t be recovered, can it still go bankrupt?

The bankruptcy of Japan’s bank and securities Corporation went bankrupt, shrinking the shrinking business of the business, which further exacerbated the financial crisis in Southeast Asia, and even spread across Asia.

At this time, the yen was also affected and began to fall slowly, but the decline has not been large. It stabilized at the beginning of this year. The exchange rate against the US dollar is 120: 1, which is slightly lower than 115: 1 in the previous year. Acceptable.

Today, the yen suddenly fell to 124: 1, which is the biggest drop in a single day!

Japan is alert, this is definitely someone who is attacking the yen, and the most likely person is Soros!

They did not expect that Soros took people to slowly attack the yen. In fact, even if they do not attack, the fall of the yen is inevitable. Many of their foreign debts will not be recovered, and the economy will be seriously frustrated.

What’s more, Soros is attacking the Japanese yen again. Although the effect is not as good as attacking Indonesian rupiah, the yen has fallen.

The fall in the yen has sparked the alarm of those who invested in Japan. They did not expect the financial turmoil in Southeast Asia to spread to Japan.

Coupled with the momentum of Soros, the news is constantly being released in various media, saying that Japan’s economy will collapse again, persuading investors to quickly sell the yen, and it is better to switch to a stronger dollar.

Soros’s name is still very loud, some people responded, and with the operation of Soros, the yen fell very normal.

After Feng Yu got the news of He Zhaoji, he immediately stared at the yen curve and looked at Japan’s stock index curve. He can be sure that Soros is starting!

“Old He, according to our plan, short the yen. Remember, you must do a good hedge, this investment must be stable.” Feng Yu warned repeatedly.

The previous few gains were so high. He was afraid that He Zhaoji was too greedy. If he didn’t do the hedging, the master stroke smashed the yen, and that one might frustrate and could lose a lot.

Futures make money quickly, but when it loses money, it is as fast.

“Don’t worry, Boss, we will be careful.”

Hanging up on He Zhaoji’s phone, Fu Rongqi’s phone came over. He discussed with Feng Yu about the strategy of investing in the yen.

The two people’s opinions are the same, using low-cost financial leverage to short the yen, while the opposite side of the hedge, to avoid the yen suddenly pulled up and let them burst.

The last time they made a lot, they became more conservative. It really should be the old saying: the older the rivers and lakes, the smaller the courage!

……

“Dahe President, our stock has fallen again today.”

“I know, don’t always remind me!” Norio Ohga angered.

This damn financial crisis has caused economic collapse in many Southeast Asian countries. Their investments in Southeast Asia, especially factories and branch offices, have been severely affected.

The output is reduced, the product is unmarketable, and even some OEM supplier Company is directly bankrupt! Those companies, still owe them the material cost of advance advances!

Norio Ohga is quickly breaking through, and the shares of their Corporation listed in Tokyo have begun to fall.

Of course, not only are many of their Sony, Japan’s Corporation stocks falling, but the entire market is falling.

Originally they thought that they could resist it. Japan’s economic recovery is not bad and should be able to withstand this risk.

But with the bankruptcy of Japan Bank and Securities Corporation, the credit crisis in countries such as Thailand has become more serious, and the economic collapse has once again intensified.

This formed a vicious circle and inevitably spread to the Japanese economy.

Although many of their big consortiums have joined forces to stabilize the stockmarket and stabilize the yen exchange rate, they have also failed.

They don’t dare to invest too much. If they can’t hold it, and cash is thrown in, it will have a bigger impact on the company.

The consortiums that owned the shares of the bank suffered the most, the bank stocks plummeted, and the property shrank a lot. There are more than 30% of the five loans have been determined to be unable to receive, there are a lot of delays to repay, can not normally repay the loan, not much.

And those debts denominated in foreign currencies also caused them to suffer a lot. They know where the currencies of those countries will collapse so soon.

Especially this month, the real estate bubble in those countries has also collapsed. Whether it is Thailand or Nanyang, in countries with serious financial crisis, real estate prices have begun to dive. They have stabilized real estate for nearly a year and can no longer stand up.

Real estate has also collapsed, causing their economic collapse to become more serious, and Japan has suffered even greater losses.

They originally wanted to drive Japan’s economic growth through the economic growth of these countries. It is even possible to withdraw funds one day and let the economic collapse of a certain country.

But I didn’t expect that they hadn’t had time to start, Soros first started, and they were implicated, and suffered great losses!

……

“Feng, you said, once the yen falls, it can’t be stopped, Soros will aim at Hong Kong or Russia, is that we are going to start preparing?” Kirilenko asked.

“No, we have to wait, if the stockmarket rises abnormally and the currency rises abnormally, it means Soros they start, and at that time, we will fight back and give them the biggest blow!”