novelones Chapter 198: It’s better to block than to open up, Wang Lei’s prophecy
Chapter 198: It’s better to block than to open up, Wang Lei’s prophecy
Hearing Li Qilin's question, Wang Lei smiled:
"Of course others won't let me succeed easily, but that guy is the ghost of Heisei."
An overly prescient guy.
Wang Lei is still very confident in persuading Sanye Shigeyasu.
Even if the Bank of Japan and the government do not open this door now, in a few years, Sakurajima's banks will go bankrupt one after another.
Thinking of this, Wang Lei ordered Li Qilin:
"In my name, send an invitation to Shigeyasu Sanno and ask him to have dinner at the club.
I prepared some old Wuliangye to entertain him. "
Sanye Shigeyasu is a good drinker. Ever since he drank a drink prepared by Wang Lei once, he has never been able to drink sake from his hometown again.
"President, do you want us to prepare some new tea?"
"Okay, just follow Mino Shigeyasu's preference."
Sure enough, after hearing that Wang Lei had prepared good wine, Sanye Shigeyasu didn't think much and happily went to the appointment.
"Wang Leisang, you are so polite. You have prepared good wine and food, and a beautiful woman is waiting on you. You must have something important to discuss with me."
Wang Lei screened away several beautiful girls who were scouts.
"Sanno-kun, has Hyogo Bank defaulted on many loans from the Bank of Japan Head Office?
Is it even to the point where you can’t repay the loan on time?”
What the Bank of Japan raises is an interbank lending rate, which is the interest rate that other financial institutions charge when they borrow money from the Bank of Japan.
The life and death of Hyogo Bank is completely controlled by Sanno Shigeyasu's thoughts.
Mino Shigeyasu suddenly lost the intention to drink:
"Yes, the impact of the bubble is still expanding. This year, even banks have experienced large-scale deficits. The situation of Hyogo Bank is the most pessimistic. If the Bank of Japan stops supporting it, I'm afraid... I'm afraid... …”
It was difficult for Mino Shigeyasu to say the word bankruptcy.
He is a very foresighted person and can't hide his opinions. When he said it, he wanted Wang Lei to help him come up with ideas.
Under the influence of alcohol, Mino Shigeyasu did not hide his worries.
"Sanye-kun, in my opinion, your country's banking industry has reached a very critical moment!"
Hearing Wang Lei's words, Sanye Shigeyasu was shocked:
"You are being a bit alarmist."
Seeing that the other party was still being tough, Wang Lei said straightforwardly:
“Even if you keep pumping blood to the Bank of Hyogo, if nothing unexpected happens, it will still end up collapsing.
This is just the beginning. Once one dome falls, it will cause a series of avalanches.
You know the current situation of Sakurajima Bank better than I do. Sooner or later, the 174 banks across the country will have large-scale deficits! "
Sanye Shigeyasu nodded noncommittally.
According to their estimates, at least half of the top 74 banks, which account for 20% of total assets, will be in deficit by the end of this year.
Life will become so difficult for leading banks, and life for small banks will be even more difficult.
By that time, even if they try their best to transfuse blood, they will not be able to stop the bankruptcy boom.
"what do you mean?"
“It is only a matter of time before they go bankrupt, so it is better to focus all our efforts on the big banks that still have room for rescue.
My suggestion is that the Bank of Japan intervenes in bankrupt banks and reshuffles the entire industry! "
Sanye Shigeyasu was slightly shocked, and he also felt that what Wang Lei said made sense.
Instead of letting him watch one bank after another collapse, it would be better to cut through the mess quickly and place all his hopes on viable forces.
That's what they say, but if you really do this, it will cause a huge earthquake in Sakura's entire financial world!
He can watch the real estate industry collapse, but when it comes to himself, it is still difficult to make an immediate decision.
Just when he was hesitating, he suddenly came to his senses and discovered Wang Lei's little thoughts.
"Do you want to take over the business of Hyogo Bank?"
Mino Shigeyasu was secretly delighted. Who had the most financial resources in Sakura Island? It was the White Dragon Consortium led by Wang Lei!
Others don't know where Wang Lei's money comes from, but he does.
The White Dragon Financial Group found another way under the crisis and has three major sources of wealth.
One is the entertainment program created around TV Tokyo. Its girl groups have become a cash cow for Bailong Office. In the economic downturn, idols have become the spiritual sustenance of many people.
To this end, Wang Lei has created an idol industry chain. From online auditions, to offline theaters, to various commercial performance endorsements, female idols have injected vitality into the entertainment industry.
The second is the increasingly prosperous action film production. Because the real estate bubble has led to the bankruptcy of countless companies and high employment and unemployment rates, many good-looking girls have been discovered as amateurs and entered the entertainment industry.
It has become the main source of income for the Black Dragon Club. The key to shooting and producing action movies is still a legal industry in Sakura Island. Many idols have even been lost in the temptation of money and left the sea one by one.
The third one is Bailong Credit Union!
After buying the bad debts of major banks, everyone was waiting to see Wang Lei's joke.
What surprised them was that Bailong Credit Finance handled bad debts very efficiently.
A large number of people with bankrupt credit have found new jobs with the help of this financial institution.
Although these jobs are not on the table and may require working day and night to pay off debts, it is not an exaggeration to say that they have completely become slaves of the White Dragon, but it is undeniable that the White Dragon Gold Institute gave them hope to survive.
After loans can be securitized, Bailong Gold Exchange is full of vitality.
Through financial means, Bailong Credit Union is making money every day and is now the most active financial institution on Sakura Island.
Thinking of this, he couldn't help but sigh, Wang Lei is indeed the son of finance.
Relying on these three major businesses in a new way, the White Dragon Consortium has completely established a foothold in Sakura Island, and is known as the sixth largest consortium.
Even the Mitsubishi Consortium and the Mitsui Consortium have to admit that the White Dragon Consortium is the most dynamic conglomerate.
If these hot potato banks are handed over to the White Dragon Consortium, maybe the problems that bother him will be solved!
Thinking of this, he proactively suggested:
"Sir, are you interested in taking over Hyogo Bank and Hanwa Bank?"
"Not interested unless..."
"Unless it's something, we are all our own people, so just say it."
Wang Lei stopped making excuses and said directly:
"Unless these two banks declare bankruptcy on the spot, I will be interested in taking over."
After bankruptcy, all the inheritance will be collected and auctioned to pay off debts, and then it is time for Wang Lei to take action.
Now that we are acquiring Hyogo and Hanwa, we have to take over all the debts of each other.
Wang Lei is not a philanthropist and has no obligation to do this.
If he really does this one day, there must be greater interests waiting for him behind it.