Soviet Godfather

"A well-known Soviet economics expert and First Deputy Minister of Foreign Trade and Economic Cooperation Ulyanov claimed that there has been a serious bubble in Japanese subprime mortgage products in the global market, and investors should quickly stay away from this market. [Read the latest chapter 】"The Times

"The father of subprime mortgages is openly short on subprime mortgage products, claiming that the current subprime mortgage market is worthless." The New York Times

"The father of subprime mortgage Ulyanov accused Japan's large financial institutions of "injecting water" seriously into the subprime asset package, and a large amount of junk debt was flooded with it" Bloomberg

With the publication of an article criticizing the chaos in the subprime mortgage market in The Economist magazine, Sergey Shah has followed up with reports from major financial media in the world. For a while, financial professionals in mainstream countries all over the world know about it. Known as the "father of subprime mortgages," Ulyanov is fully short on subprime mortgage products aimed at the Japanese market. One stone caused a thousand waves of waves, and Sergey Sha’s remarks immediately sparked a big discussion of Sergey Sha’s views in the financial world. However, it was the Japanese media organizations that first stood up to refute Sergey Sha.

"Mr. Ulyanov has never set foot on the land of Japan. His remarks are only his own speculation. People all over the world know that Japanese citizens have a super high savings rate, and the personal credit market in Japan will not. There is no possibility of a serious bubble. There is no indication that there will be problems in the real estate and stock markets in Japan. As long as the economy continues to grow, there will be no problems with subprime mortgage products based on Japanese nationals’ personal credit." Sankei news

"Ulyanov has never studied economic theory systematically, and the Soviet Union is a planned economy country. He doesn't know anything about Japan's economy" Asahi Shimbun

This article by Sergey Sha is tantamount to pushing him to the forefront, but many people do not believe the views expressed by Sergey Sha in the article. In fact, apart from making waves in the news, no large financial institution has taken the initiative to sell subprime mortgage products in large quantities.

Sergey’s old friends in the UK called to ask him why he wanted to publish such an article. Sergey told the other party truthfully on the phone that he was not optimistic about the continued improvement of the Japanese economy. But this ambiguous answer is not convincing.

There are very few people in the world who can realize that there is a huge bubble in Japan's economy, because Japan's economic strength is too strong now.

Japan has the world's largest foreign exchange reserves. Although its economy ranks second in the world, its growth rate has remained high all year round. Compared with the situation where countries all over the world have fallen into economic recession, the vitality of the Japanese economy is a miracle.

At the current rate of economic growth, Japan's economy will soon surpass the United States to become the world's largest economy. He is now not only the largest creditor in the United States and Western European countries, but also the largest overseas investor in major Western countries. The Bank of Japan acquired a large amount of land in the United States with strong funds, and even the landmark Rockefeller Center in New York belonged to the Japanese. On the Champs Elysées in Paris and Oxford Street in London, the doors of major luxury shops are crowded with Japanese tourists, making countless Europeans and Americans envy, jealous, and hate. But Sergei wanted to tell the world that all this is an illusion and a bubble.

After expressing this article, Xie Liao sofa did not respond to the attacker. Instead, he let the Foreign Trade Bank quietly exchange Japanese yen in the foreign exchange market in the City of London and continue to send it to Mikhail in Tokyo, Japan. .

With the abundant capital of the Foreign Trade Bank, Mikhail’s cash flow has grown even faster, and the exchange rate of the yen against the US dollar has been stable at the exchange rate of 250 to 1, even though Selesha is on the foreign market. Large quantities of Japanese yen have been eaten, but this ratio has hardly seen any major changes. The reason is that the Ministry of Finance and the Bank of Japan deliberately manipulated the yen in a low exchange rate, because the appreciation of the yen is not beneficial to Japan’s exports.

More than a month later, after Sergey Sha’s continuous market operations, Mikhail’s funds had exceeded 2.5 trillion yen, or about 100 billion U.S. dollars. At the same time, Sergey Shah also transferred about US$500 billion in foreign exchange reserves belonging to the Foreign Trade Bank to the UK. This amount of money is really too large. In order to cope with the quarterly inspections of the Central Ministry of Economic Affairs, Sergei had no alternative but to make Goldman and others make a false account to get through. As long as they don't go to the underground vault of the Foreign Trade Bank, the real situation will be impossible to distinguish.

Sergei's concealment is actually very dangerous, because once things fail, Sergei will immediately lose Gorbachev's trust and even be sent to prison. But risks and benefits are directly proportional, and Sergey Sha is not a courageous person.

Sergei Shah reactivated a series of leather bag companies that were used to launder money in offshore financial centers, and the accounts of these leather bag companies were soon injected with cash ranging from hundreds of millions to billions of dollars. Soon these funds were invested in the crazy purchase of yen futures forward contracts in the foreign exchange market.

Mikhail’s Bank of Colombia has now become a guest of honor for major Japanese companies. As long as you are careful, all major consortia in Japan know that there is a large amount of cash in the bank of Colombia. Now Japan’s stock market and property market are extremely hot, especially real estate. As land prices in Tokyo are getting higher and higher, real estate companies’ desire for funds is becoming more and more serious~www.wuxiaspot.com~The Seibu Group of the world’s richest man, Yoshiaki Tsutomu, takes the initiative to offer Mikhail stretched out an olive branch. Invite Columbia Bank to participate in the high-end residential project in Chiyoda District, Tokyo. Because of Tsui Yoshiaki's position in the Japanese business community, Mikhail had to give him this face.

The meeting place was located in a high-end kiosk in Ginza. Accompanied by a maid in a kimono, Mikhail walked into a box called Tingzhuting in the material pavilion. When the door of the box opened slowly, Mikhail found that there was still a person in the room who hadn't seen him.

"Hello, President, I am the Vice-Changjiang Haozheng of Likulut Co., Ltd.!" Before Mikhail asked, the other party took the initiative to stand up and bow to Mikhail, and then respectfully handed it over. Up a business card.

"Fusang Jiang, what kind of business does your company operate?" Mikhail asked kindly while sitting down looking at the card.

"My company is in real estate business!" Jiang Vice Haozheng said while pouring Mikhail while bowing his head.

ps: The Riculut incident is one of the four major scandals in Japan after the war. Jiang Fuhao bribed a large number of Liberal Democratic Party officials like Toshita Takeshita, and Abe’s father was also involved.