MTL - Rebirth of Hong Kong 1981-Chapter 1070 secret in the meeting room
Chapter 1070 The secret in the conference room
As Boss Yang happily held his second marriage, the island nation’s property bubble that lasted for several years finally reached its peak.
The island country’s economy continues to expand, making the island country government feel enormous pressure. In order to curb the economic bubble, the island country’s central bank raised the ultra-low interest rate of 2.5%, which has been maintained for two years and three months, to 100% since May. 3.25.
Then, from October to December, the interest rate was raised twice by 1%, reaching 4.25%, which is close to the interest rate level before the "Plaza Accord".
After the "Plaza Accord", the island country's exports fell sharply, the economy fell into recession, and prices fell into deflation.
And in order to boost the economy, the central bank of the island nation has drastically lowered interest rates and increased bank credit.
Unfortunately, low interest rates have not boosted the real economy of the island country, but instead prompted a large influx of low-cost funds into the real estate market.
For a country, exports are closely related to the prosperity of the real economy. After the currency of the island country appreciates, exports are hindered, and the real economy is not valued by investors.
Now the island country government is eager to burst the real estate bubble, and wants to exchange short-term pain for long-term economic development. For this reason, it has begun to formulate the "Basic Land Law" and establish a land tax system with land value tax as the pillar.
Although the basic land law has not been announced, the stock market and real estate industry of the island country have experienced strange fluctuations.
After receiving the news, the major consortiums in the island country wanted to get out and find foreign capital to take over. There was no way. The island country’s local funds were basically all **** in the stock market and real estate.
On the cruise ship Alyssa, Yang Chen was holding a conference call with the presidents of his major group companies.
The content of the meeting is naturally about the island country.
The bubble economy of the island country has reached its peak, and the island country government has shown its determination to burst the bubble. As the world's second largest economy, once the island country economy has problems, it will seriously affect the Asian market.
The Asian market is the base of Yang's consortium, so Yang Chen naturally won't watch it happen. Therefore, the next most important task for the major group companies under the Yang's consortium is to stabilize the major markets in Asia and bring the bubble economy of the island country. impact is minimized.
In addition, Yang Chen also wants to swallow the overseas assets of the island country in Asia.
After the Plaza Accord, during the appreciation of the Japanese currency, the overseas assets of the island countries swelled sharply, and the islanders bought and bought overseas, and their overseas assets even almost surpassed those of the mainland.
Other places, Yang Chen doesn't want to overdo it, but in Asia, Yang Chen hopes that his consortium can be the dominant one.
Of course, one hero has three gangs.
A single family does not mean monopolizing the entire market.
As their own die-hard supporters, HSBC and Standard Chartered Bank will also work together to help the Yang consortium share the pressure.
After finishing the video conference with its major presidents, Yang Chen saw that no one was bothering him, he directly pulled Lan Meiren into his arms, and played a two-person game of boss and secretary with Lan Meiren.
During this period of time on the boat, Alisha was sticking tightly, Yang Chen rarely had the chance to make out with Lan Meiren, the two of them were hot, and the one that burned was a vigorous one.
I don't know how long it took, but with a knock on the door, the game between the two officially ended.
"click" the door opened, Yang Chen didn't let Alisha enter the conference room, and he directly blocked the door.
Alyssa glanced into the conference room and asked, "Dear, are you done?"
Yang Chen calmly said: "I'm done, I've had a conference call for a long time, and I'm dry with what I said, you can accompany me to drink something."
"Where's Secretary Lan? Is she inside? Call her together!"
"She's sorting out the information, and she'll come out when she's done." After speaking, Yang Chen closed the door casually, preventing Alisha from wanting to go in and find out.
In the conference room, Lan Meiren heard the sound of the door closing and couldn't help but breathe a sigh of relief. She lay down on the table and didn't even have the strength to move her fingers.
Shortly after Boss Yang left, two female bodyguards entered the conference room and helped Lan Meiren to her exclusive room on the ship.
Like the other women in Yang Chen, Lan Meiren is also guarded by female bodyguards. Although she is only a secretary, the treatment she deserves is no less.
"Yang, your prediction is accurate. I'm afraid the island country is really over this time." Prince Charles drank the red wine from the glass, and his expression showed a look of lingering fear.
Obviously, he has also received rumors from the island country. The basic land law revealed by the island country government is like a needle that pierced the bubble.
Nowadays, the bubble of the entire island country may be punctured by the island country government at any time. Prince Charles was also taken aback by the ruthlessness of the island country people.
The bubble in island countries is mainly concentrated in the stock market and real estate. The increase in interest rates will only affect the flow of funds and reduce the flow of funds into the stock market. The basic law of land is a fatal weapon that directly affects real estate.
Once the government of the island country promulgated the Basic Land Law, the economy of the island country, which originally walked on two legs, would have a leg broken. Without real estate support, the stock market that had reached its peak would collapse in an instant.
Islanders have blind confidence in the economy of the island country.
Under the urge to buy out the United States, the island country's enterprises only have interests and no traps in their eyes. They want to peacefully occupy the land and assets of their master's home, let their American master do odd jobs for it, and want to play a slave to turn over and sing. .
Unfortunately, all this is just the fantasy of the islanders.
As a later generation, Yang Chen is very aware of what the island country will face next. The island country that once created an economic myth will enter a period of economic stagnation for 20 years with this bubble.
The government of the island country simply and rudely punctured the real estate bubble, causing the overall economy to fall into recession, which is probably not expected by anyone.
Even Prince Charles, sitting in front of Boss Yang, just thought that the island nation would be baptized on Black Monday next.
On the last Black Monday, most of the countries in the world were affected. Dokdokdo did not retreat but advanced. The stock market was like clockwork, and it went up wildly and could not be stopped.
The global stock market crash brought by Black Monday has a huge impact, but after two years of relief, the impact has slowly receded.
The reason why the island country government chose to burst the economic bubble is nothing more than the belief that it can withstand the pain period after the bubble burst.
Two or three years is not such a long time for a country. The economic growth rate of the island country has been more than 20 years, and the economic downturn in two or three years can be used as a buffer.
However, the ideal is very plump, and the reality is very skinny.
The government of the island country may never have dreamed of it, adding a parenthesis multiplied by ten after these two or three years.
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(end of this chapter)
