Dominate South Asia

Chapter 567: The Bubble Bursts

"Xiaoquan, have you bought any stocks recently?" After coming out of the company and getting on the subway, Xiaoquan stupidly heard a voice.

Turning around, he saw it was his former friend, Xiao Ji Zhengzo.

"The market fell a bit today, so I sold everything." Xiao Quan Si Yi Lang said.

"You are so stupid! If it fell today, it will definitely rise again tomorrow!" Xiaoji Zhengsan said: "I saw the decline today, so I filled up all my positions."

"But, our current market price is already very high." Xiao Quan Si Yi Lang said.

"Our economy is developing so rapidly now that it has surpassed the United States and become the number one in the world. It is normal for the market to be higher. Are you worried about falling?" Xiaoji Zhengsan said: "Listen to me, the market will open tomorrow. It’s all full, I guarantee you’ll make money!”

As he was talking, today's stock expert's analysis was broadcast on the subway TV.

"Today's market rise was a little slow, or even stagnant. This is completely normal. It may have happened during a certain peak period of trading. You can rest assured that the economy of our island country is developing rapidly, and our companies are developing rapidly. It has acquired a large number of American companies. Our SONY company spent a huge amount of 3.4 billion US dollars to purchase Hollywood Columbia, which represents the "soul of America". Our Panasonic Group spent 6.1 billion US dollars to purchase Universal Pictures. Mitsubishi Heavy Industries even invested 8. 51% of the shares of New York's Rockefeller Center, known as the "American Icon", will not be long before all American companies will become companies of our island country. Our island country has the world's largest economy. There will be economic problems! Our stock has continued to rise for 25 consecutive years. Some people say that our stock market will always rise, which can only be a myth. But now I want to say that this is definitely not a myth. This is the reality, and it is our island economy. The reality of being number one in the world!”

This stock expert is very amazing. In the past two years, whichever stock is said to be rising will rise like a rocket. Now, after listening to his words, Xiao Quan Si Yi Lang immediately felt relieved. It was all his fault that he was too cautious! I sold it today when the market was at its lowest, and I lost a lot! I originally planned to make more money in the stock market and then buy a house! Only when you have a house can you marry a wife.

Sure enough, the next day, the market began to gradually rise again.

There are too many investors who believe in the economic myth of the island country. There are only benefits and no traps. The island country is about to acquire all the companies in the United States! Even Americans have to work for the island country! With such confidence. How could the island country’s stocks fall?

In the stock market, the most fearful thing is to follow the trend. When it goes up, everyone will be happy if they buy together. But when it goes down, whoever is trapped will feel suicidal.

That's it for now. As confidence in the stock market continues to increase, those who sold stocks yesterday have regained their full positions, and the market continues to rise slowly.

In this way, five days have passed in a row. The market has been rising and falling every day, and the overall trend seems to be slightly downward.

At this time, some international financial speculators began to realize that the situation was not good. There have been several stock market crashes in the past few years, and it seems that the situation now is the same as before. To be on the safer side, you should reduce your stock holdings!

Now. It’s another Monday, a scary day!

And on this day, after the market reopened, the market began to plummet. The stock, which was trading at 9,000 points, began to fall crazily. Damn it, someone must have sold a large number of stocks last Friday!

The futures market is 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 in an instant. The futures market and the real estate market also began to decline rapidly. The high property prices that were so expensive that most people looked up to them finally began to decline. Unfortunately, many people's wealth has also disappeared, and they still cannot afford to buy houses. A large number of houses under construction have become unfinished buildings. Even Ginza Square, a landmark building in Tokyo, is also unfinished.

The myth of the island country’s economic dominance has been completely shattered, and what will be brought to the island country will be a period of economic stagnation that will last for twenty years.

As the stock market plummeted and the market value of bonds and real estate markets shrank severely, banks that had previously issued large amounts of loans panicked. As creditors, they strongly required debtor companies and individual speculators to increase their margins or pay off their loans. However, the debtors were already poor. Now, stocks and real estate can only be used as collateral. Now these collaterals have depreciated significantly, so many small and medium-sized banks have gone bankrupt one after another. As stocks fell sharply, corporate financing was seriously threatened. Many companies that could not withstand the wave had to file for bankruptcy. The entire island country's economy was in chaos.

This is no wonder Mhamad. Pakistan is just divesting its investment, but there is no other malicious hype. The bubble is so big that it will burst sooner or later. We can’t let Pakistan pay for the islanders, right?

"We withdrew 90% of the funds." Lilith told Mhamad: "Through various channels, funds have begun to enter Indonesia."

"Well done." Mhammad said: "Now, many companies in the island countries are on the verge of bankruptcy. Our domestic companies in the island countries are also in crisis. Now, it is us and them. It’s time to negotiate!”

Stocks are a means for companies to raise funds. Through stock appreciation, companies can raise more funds to facilitate the further development of the company. 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 those island companies in Pakistan can still be taken care of by Pakistan.

Karachi.

This is a coastal port and also an important industrial base in Pakistan. The relaxed conditions, good environment, and especially a large number of low-priced labor have attracted many companies from the island countries to this place. After all, due to the influence of the Plaza Accord, the domestic labor costs of the island countries have increased significantly. Therefore, setting up factories in third world countries is their only choice.

In the northern suburbs of the city, many foreign-funded enterprises are located here. Among them, the largest area is Toshiba Electronics, where they produce the most advanced RAM memory, which is an essential component of electronic computers. The optical storage system has just started production here. In addition to these, it is also responsible for assembling Toshiba's personal computers.

There is a huge financial pressure at the headquarters, so the days of the companies here have suddenly become tight.

"General Manager, the head office has notified us to pay wages one month later." The financial manager walked into Hiroaki Tanimura's office and said to him.

Hiroaki Tanimura! The general manager of the current branch in Pakistan is Hiroaki Tanimura! At the beginning, it was under his strong recommendation that Toshiba came to Pakistan to set up a factory. This place showed great advantages. After that, Hiroaki Tanimura was sent here and became the top leader.

Sitting in a large and comfortable leather chair, Hiroaki Tanimura frowned: "What? Pay wages one month later?"

When the company's funds have problems, the most favorite means is to deduct workers' wages. Anyway, this is Pakistan, the labor law has just been promulgated, and the workers' legal awareness is not very strong. Deducting one month first can reduce the pressure on the head office.

"Yes, the head office has intercepted our finances. Even if we want to pay, there is no money to pay." The financial manager said.

"Okay, got it, go down." Hiroaki Tanimura leaned his head back to the chair and looked at the ceiling. It seems that this economic crisis has had a great impact on the country. Can those economic experts really not see the domestic economic bubble?

Hiroaki Tanimura was also worried. He used a sum of the company's funds to carry out financial speculation. He originally planned to make more profits and fill the company's holes after making money. However, the rising stock price made him reluctant to take out the money. As a result, now, all the money has gone down the drain!

Thirty million! It's not thirty million yen, it's thirty million US dollars! Although he is the general manager, he can't fill such a big hole with his personal salary. At the peak, the stock price was worth two hundred million US dollars! He also dreamed that he could open a new company without Toshiba! But now, with the stock price plummeting, the market value of those stocks is less than twenty million US dollars. More importantly, there is no buyer to take over, and he can't get rid of it even if he wants to.

Fortunately, this is a branch company, almost his independent kingdom. As long as the head office does not send people to thoroughly check the company's assets, no problem will be found. After all, Hiroaki Tanimura did not directly embezzle the funds in the company's account, but used other means.

"General Manager, it's not good, it's not good!" At this time, the beautiful female secretary stepped on high heels and ran in hurriedly, twisting her buttocks and looking panicked.

"What's wrong? What's the fuss?" Tanimura Hiroaki said, his eyes lingered on the secretary's towering chest for a while, his tone was very impatient, he had enough troubles.

"The Karachi government came to our company for inspection and found that the wastewater discharged by our company was not purified. Now we are going to be fined heavily!" said the secretary.

Wastewater! The production of electronic equipment will discharge a large amount of wastewater, and the treatment of this wastewater will cost a lot of money. In the past, Toshiba could honestly purify the wastewater and discharge it after it meets the standards, but now the company's funds are tight and it has to save what it can.

Therefore, the wastewater in the factory is stored during the day and then quietly discharged into the nearby Hebu River at night. Anyway, it is 20 kilometers downstream to the estuary and will not be discovered. (To be continued ~^~)

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