Chapter 841 False Prosperity
An economy with low inflation and high growth is the economic state that all countries dream of. Now it seems that, having got rid of the influence of the bubble economy, the foot basin is going to take off again.
Before the bubble collapsed, the foot basin consortium clearly saw the risks. Otherwise, why go shopping all over the world.
Regardless of how much people in the foot basin want to be Westernized, they are still very xenophobic in their bones. Those values of the United States have no sense of identity in the foot basin at all. It's just that you won the battle, and I need to learn from you.
"Mr. Fujita, don't think about it anymore, we can definitely provide very low interest.
You know, with companies like Vikings, we've always been on rock bottom rates"
"Mr. Murai, I'm very sorry, our Asian headquarters building is fully funded. To tell you the truth, Mr. White is a little worried about the current economic situation. The foot basin is fine here, and the business in the United States and Europe is already reducing the leverage ratio."
"Really, is there no impact on the foot basin?" Sumitomo's credit manager was shocked. If the old man also lowered the lever of the foot basin, they would cry without tears.
It’s true that the loan interest rate is not high, but your family’s cash flow is high, isn’t it? If it's just those illusory stocks, they certainly don't lend that much to a company.
"No, the foot basin and Asia are still the same. By the way, the investment in Rabbit Country has also increased. Recently, it seems to have invested in a highway."
"It turns out that we also have plans to open an office in Rabbit Country. Unfortunately, they have not fully opened up the financial market."
"Well, it's a pity that their current bank is indeed a bit unprofessional."
"Oh, tell me, I think they will open up this business sooner or later."
"Hahaha, I applied for a credit card in Rabbit Country, well, my boss asked me to do it. Do you know? I need to deposit 50,000 yuan first..."
When Fujita finished speaking, Murai was very surprised. credit card? Boss? You guys really figured it out! If I need to save money, wouldn't it be good for me to use a savings card? The most outrageous thing is that the 50,000 yuan is just a deposit, and your monthly bills still need to be returned on time.
"Isn't that so? Fujita-kun, then, what are you doing with this card?"
Fujita glanced at this guy, you really don't know if you don't know. How many romantic debts the boss has provoked outside, is it something that his subordinates can ask.
"As I said just now, I helped the boss deal with it by the way. It's not convenient for him to come forward for some things."
"Oh, that's it, please forgive me, I was just shocked by this credit card. What a pity, if we can open branches now, the credit card business can expand.
You know, it's too bad that there's not much overdraft lately. "
As a developed country, the proportion of credit card holding and consumption in the foot basin is not high. Of course, this is also relative, and it is not as outrageous as the US emperor.
Lao Mei earns 2,000 dollars a month, and he can settle a bill of 3,000 dollars. This is still good, more is close to four thousand. For them, just look at the minimum repayment amount.
Credit card business, which is the most important business of traditional banks besides loan business.
It's a pity that today's foot basin people are unwilling to borrow money for consumption. They make more use of the long interest-free period. It doesn't matter if one or two play like this. If this is a common phenomenon, it goes without saying how miserable the bank will be.
With more and more information gathered at hand, Felson and his think tank are not talking about the footbath economy. Obviously, the residents have no willingness to spend, or they are spending very sparingly.
"Why this is so, boss, it is so strange."
William White certainly has his own answer to Felson's question. Well, it was not cheated by the US emperor. In the early 1990s, they were certainly not afraid of overdraft consumption. The property at home is rising in price, and the assets in the stock account are also increasing in value. In the most exaggerated period, the increase in family assets far exceeded the husband's annual income.
Unfortunately, virtual is virtual. Nothing is real except the debt you need to take on.
"It's normal, they have been cheated. Real estate, securities, bonds, these things are no longer trusted. The only thing that can be trusted is the yen.
Hahaha, they can't even trust a beautiful knife. Look at the current exchange rate, they believe in their country more than Mexicans. "
Now that a consensus has been reached, William White doesn't mind shorting the Nikkei. The current profit margin is actually larger than that of the bubble economy.
To buy short and sell short, you need to have a counterpart. If you sing a one-man show alone, there is no future.
"Boss, the part in South America is not very interesting."
"Well, get out, the plate is too small, if there is another short-selling ban, it will be really boring."
"Okay, so, let's focus on the Nikkei index. According to the current disk, there are quite a lot of people who are optimistic about the foot basin economy."
"Hey, who has such a personality? Don't they know how much damage those bastards have caused?"
"Ahem, it's mainly some European banking institutions. The three major rating agencies in the United States only gave a recommendation to hold."
"Ha, these guys are like lights in the dark. If they give a buy rating, I might run away."
"Yes, I think they are not very optimistic internally. Of course, it's not too bad. The foot basin consortium holds a lot of overseas assets."
"Well, of course the unlucky ones are very few. If not, how could the water be released."
This Christmas, for William White, is almost like not having a holiday. The turbulence of the financial market can't really make him feel at ease.
Financial turmoil in Latin America, Europe is not much better. Maozi, who has been aggrieved for so many years, decided to show off his muscles.
"Xiaohu, how is Maozi doing recently? I didn't hear what you said."
"Well, young master, Hawkeye has sent people down here. However, they are more like playing a game."
"What? Are you kidding me?" William White's cell phone was hanging on the ground. That's not what the TV news said.
"I really don't know how to evaluate it, they fight you to death during the day, but they trade weapons at night.
Selling weapons directly to opponents, I really don't know what to say. "
"Fuck, it's been like this for a long time. I said why it's not over yet."
"Master, this is a fat job. If you push it over, all the soldiers will scold you."
"Well, I hope they have a good time."
It is impossible for an army without faith and glory to win any war. For them, keeping their own lives and getting enough bread is far more important than winning.
As for those innocent people, neither side particularly cares. Fighting nations fight wars, which is really hardcore. Generally speaking, the results will not be seen until the flattening.
What, many of them are innocent people.
Don't worry, no one will pay attention, they will tell you that this is a war and no one is absolutely innocent.
The capital market doesn't care about the war in the Caucasus. Oil is still falling and falling, and gold has not improved much. These weird phenomena seem to be making remarks on Buffett's theory that gold is useless. The stupid 13th local tyrant who was fooled by his subordinates was ridiculed overwhelmingly.