Rebirth of the Financial Overlord

v2 Chapter 7: Housing crisis

Tokyo, Stock Exchange.

On the huge central display screen, the eyes are full of emerald green, and the high-frequency flashing numbers are shining with green light. The green people are heartbroken, and the green people panic.

Bank of Tokyo, sell

Los Angeles Holdings, sell

First Life Insurance, sold

Mitsubishi Tomo Bank, sell

Nomura Securities, sell

Daiwa Securities, sell

Trinity Securities, sell

Bank of Mitsubishi, sell

...

Banks, securities, and insurance are so important in the financial market. At their peak, the top five of the world’s top 500 companies were all major financial industries of neon. Mitsubishi Helpyou Bank ranked first in the world and the first life insurance. Ranked second in the world, Nomura Securities also surpassed Merrill Lynch and ranked first in the world.

Now, these giant companies are sold together, and the market is immediately under heavy pressure.

19800、19769.38、...19759.14...

In the venue, the telephone rang one after another, and orders from all over the country were gathered in the central trading area.

"Ding Ding!"

"First Life, sold 20,000 shares."

"Ding Ding!"

"Sany Securities, sell five thousand shares."

"..."

"Ding!"

"Toyota Industries, buy 500 shares."

"..."

The concentrated selling of the financial industry is a disaster for the market of any country. With the market value of these giants, once they fall, there is no force to save them.

After breaking through the 20,000 points, the East Stock Exchange did not stop, and under the severe blow of the major weights, it was descending like a waterfall at high speed.

19650.38......19590.12,.....19490.18......,

In the battlefield, the trenches function as the best defensive positions for the two sides to fight.

But once the position is lost, it will cause a series of irreversible defeats.

The same is true for the market. The loss of 20,000 points is like tearing open the invisible defensive position of the market. After the 20,000 points are effectively collapsed, there will only be one result.

Retreat.

Because that invisible support represents confidence.

As JP Morgan said, confidence is always more important than gold in saving the market. The first priority in order to restore the market is to restore market confidence.

Unfortunately, the main reason for the collapse of market confidence is the market itself.

The **** securities shady, the sense of betrayal, abandonment, injustice and fragmentation have already destroyed the true cornerstone of the market.

If you don't run, you will die.

Certainly death.

The rich knowing that they will die but have no loss, who is willing to be the fertilizer to strengthen others.

If it is a rising market, no one cares about this, if it is a newcomer who does not understand trading, it may be confused.

But now, no one understands the importance of stop loss.

At the close of the morning, the East Securities Exchange reported 19180, a sharp drop of 800 points, the lowest in the session, 19180.

Osaka.

Capital One Office.

Shen Jiannan leaned back against the office chair, his legs on the table, holding a magazine in his hand.

"First Financial under the Stars"

On the cover, Li laughed himself.

I don't know what Li Daxiao is thinking. This guy is particularly narcissistic recently. Every time he covers it, he chooses a recent photo of himself.

Dark gray suit, white shirt, red tie, and gold-rimmed glasses hanging from the bridge of his nose. The photo base is very clear, even the evil smile on Li Da's face is vivid.

Title, serialized trading technology experience.

The market is like a battlefield.

A few big red letters, are you afraid? Fear?

If you don't know you are wrong, then the profit and loss on your account will tell you clearly whether you are right or wrong.

Fear?

Are you afraid?

Why are they so afraid and afraid that they still refuse to face reality!

Because I don't want to, I dare not, because I hope, I am afraid.

People, the brain is defective.

When we hope for something, the subconscious will constantly hypnotize, maybe, wait for a turn for the better.

In trading, we also encounter this kind of problem.

We hope to make a profit in the market. Every trader who participates in the market has a goal and expectation to make a profit. But the market is a zero-sum game, and it is never possible for everyone to profit. Only when others make a mistake that we are right, profits will wave to us.

How to identify right from wrong?

The profit and loss on the account is the most intuitive manifestation. Affected by the flaws of the big trouble, the subconscious will hypnotize when losing money, and maybe wait for the lost money to come back, but our instinct has and constantly reminds ourselves.

Listen, fear.

Why can't you think about it during the day, sleep at night, or run over and fall asleep?

Because your instinct is telling you that you are wrong, but your hope and your subconscious are not willing to admit it.

...

On the wrong road, it is not just perseverance to wait for the bright, the most correct choice is always to correct the wrong choice of the moment.

...

Turning the magazine in his hand, Shen Jiannan twitched at the corner of his mouth.

Li laughed at this guy. If nothing else, his ability to catch human weakness is simply unique in heaven and on earth. The modifier of this kind of article is afraid that anyone who loses money will feel anxious when reading it, and instinctively agree with it after regretting it.

Talent, this is really talent.

Put down the magazine in his hand, grabbed the tobacco on the table and lit a stick. After taking a deep sip, Shen Jiannan closed his eyes and started sleeping.

"Boom!"

The knock on the door sounded, and it was William who had come to work.

"Boss. The Eastern Stock Exchange closed at 19180 and the Nikkei 225 closed at 19040. At present, our position is at 7,600 contracts and the profit is about 82 billion..."

Eighty two billion.

Shen Jiannan raised his eyes and yawned.

"Go out in the morning and bring me a meal."

"..."

There was a twist on William's face.

What's so special, what did you do at night, otherwise, with the cheapness of the boss, now he must sing Hallelujah again, thank God.

The raging gossip fire was burning, William the Thief asked.

"Boss, would you like to help you order a medicated diet? The neon medicated diet is very good, epimedium, which replenishes the positive energy of the body."

"William, why do I feel your itchy skin."

After Shen Jiannan finished speaking, he picked up the magazine in his hand and threw his hand over.

"Hey!"

Banking Bureau of the Province of Tibet.

The atmosphere was gloomy, and the oppressive atmosphere made everyone feel heavy.

As the basic plan of the survey, a list of the financing amount of the Seventh Corporation and the average business net profit data of the past three years, compared by business type and by major banks, was submitted to the Minister's Office.

If left alone, all Sumitech companies will go bankrupt.

It has dealt a heavy blow to Changxin Bank, Trust, some second local banks, and some life insurance, which is fatal to the system.

The credibility of mortgage securities will arise.

Other independent non-bank financial companies will also go bankrupt, which will hit some local banks and second local banks even more.

Putting down the investigation and analysis report in his hand, Kenji Mito felt pain in his forehead.

The so-called residential college is the abbreviation of Neon Housing Professional Finance Company. In the early 1970s, during the period of rapid economic growth of Neon, it was established with the support of the Ministry of Finance and Economics to provide housing credit to private individuals and small and medium-sized enterprises.

Affected by the rising real estate prices, the upper limit of collateral for residential loans is as high as 80%, and there is a loan balance of tens of trillions of yen.

But now, housing prices are sluggish and cooling down amidst the downward trend. There is almost no market for prices, and the transactions are light and they cannot be sold at all. Many corporate loans are difficult to repay and collateral is difficult to sell, and a large number of bad debts have been formed.

Once these bad debts collectively erupt, it will impact all the housing companies to close down.

Seven residential and private companies ~lightnovelpub.net~ have accumulated 13 trillion bad debts, and it is determined that they will not be able to collect up to 6.7 trillion bad debts. If these companies fail, it will cause severe panic in the domestic financial market and may even cause a political crisis.

The housing leaks overnight, and the current financial market is an eventful period, and major residential and professional companies are in a hurry.

Mito Kenji has a deep headache.

Now major companies in the residential sector urgently need blood and oxygen transfusions, but with such a large shortfall, the funds needed to fill them will be astronomical.

How to do?

"Ring Ling Ling--"

The phone on the desk rang suddenly, and Kenji Mito dropped the report and picked up the phone. In the earpiece, a hurried and frightened voice came. Mito Kenji felt that he had been hit hard in the chest.

Hyogo Bank is in a hurry.