Harry Potter: Super Magic God

Chapter 586 The man in debt

The poor and frightened Japanese have never seen so much money, and have never earned so much money so easily. ,:.

For nothing, for no reason, just because of exchange rate changes, within three years, everyone's assets doubled.

The rapid appreciation of the yen has brought about the collective growth of wealth in Japan, and attracted global capital speculation, which has set off more chain reactions, and housing prices have begun to go crazy.

Everyone is doing nothing, and the value of their assets is increasing at a rate of more than 30% per year. There is nothing crazier than this.

This crazy fast money, this sudden windfall, drove all the Japanese crazy.

From the perverted cheap hard-working workers who don't consume and save money desperately in the mouth of developed countries, they turned into shopaholics who "buy, buy, buy, buy" all the way.

Every Japanese is crazy "buy, buy, buy", they only buy the expensive ones, not the right ones.

Ordinary Japanese buy houses, cars, and famous brands in large numbers. Large Japanese companies buy buildings, land, and businesses. They even bought the iconic American building, Rockefeller Center, all the way.

House prices in Japan are the same every day. If you buy in the morning, they will rise in the afternoon, and if you buy in the afternoon, they will rise in the evening.

With the growth of housing prices, the wealth of the Japanese has expanded rapidly. In its heyday, even the whole world exclaimed that selling Tokyo could buy the entire United States. A small district in Tokyo can buy a small European country.

The appreciation of the yen is like a terrible monster. Once it is released, all the Japanese people will go crazy, including the leaders of Japan. If the leaders do nothing, the approval rate will rise.

Relying solely on exchange rate growth, the Japanese did nothing, and suddenly entered the most beautiful era of the gold bubble.

The yen keeps going up, house prices keep going up, and the banks are going crazy. Banks make loans based on the income of these people now, multiplied by the next few decades.

Money seems to come out of thin air. Companies throw this money to recruit, and companies play their lives on the ground. The land king appeared frequently, and the construction site was all day long.

The stock market, the housing market, the exchange rate, everything is going up like crazy. Everyone is getting rich, everyone's wealth is growing, and no one is losing money. This is the best gold bubble period.

Under the extreme prosperity of the economy, the Japanese have changed from a perverted stinger to a global shopaholic.

They traveled all over the world on the most luxurious trips. Luxury stores in the United States and Europe have all been captured by Japanese with huge sums of money. Wherever the Japanese go, they buy them all the way.

In those countries, there have even been robbers who "specially" rob the Japanese, because the Japanese are all famous brands and carry a lot of cash with them.

LV handbags, Armani clothes, luxury sports cars, expensive watches, and luxury stores in various countries are full of Japanese. The clerks of luxury goods specially invited Japanese-speaking staff, and added Japanese explanations.

The major tourist attractions are full of Japanese people, and Hawaii has become a "private" swimming pool for the Japanese.

This feast of wealth is both lasting and short-lived.

The feast of wealth lasted so long that the Japanese almost bought the world. The feast of wealth was so short-lived that the Japanese hadn't reacted from the bubble, and they gave everything back.

Rockefeller Center, which was bought at a high price, was returned at a low price. Houses, cars, and businesses bought at high prices have all become liabilities.

With the Japanese buying and selling all the way, Japan's foreign exchange accumulated over the years through manufacturing exports will soon be stretched.

High housing prices have led to a sharp rise in manufacturing costs in Japan. The sharp appreciation of the exchange rate has brought about a doubling of the prices of export commodities.

Soon, Japanese exports collapsed, and Japanese manufacturing collapsed.

At the same time, as Japanese exports collapsed, Japanese manufacturing collapsed. Japan's golden age finally began to burst at the top of the bubble.

Nothing can rise to the sky,

All the investments, when they flew to the sky, finally found that what they were stepping on was only a fragile bubble.

The stock market has halved, and the stock market has lost two-thirds of its value from its peak.

The property market has been cut in half, and Tokyo's almost impossible housing prices have been cut in half.

Tokyo is a hot, hot city, the city where the wealthiest people in Japan gather. This city, which holds education, medical care, finance, and employment, is the capital city of Japan's economic and political center, and its housing prices have halved.

One can imagine how far the Japanese economy has reached at this time. During the bubble period, the middle class and the wealthy class who bought houses in the senior class became mostly negative equity.

Property prices in Yuzawa, Japan's popular 'popular' holiday apartment, have even fallen to one-twentieth of their peak. Some old houses, in order to avoid maintenance fees, property fees, will even sell at 0 price.

If we must compare it, it is a scene that may be seen only when the housing prices of the capital are cut in half in later generations.

And this year, Japan's exchange rate has continued to rise, in the midst of this terrible economic crisis.

Japan's exports, with the continuous doubling of the exchange rate, completely collapsed.

In such an era, the Japanese who were in debt during the bubble period sold everything they could sell, and sold everything they could sell their 'women'.

It is not easy for this person in front of him to persist until now.

The middle-aged man took out a mobile phone. The old Nokia mobile phone had some peeling paint, which showed that the economic situation of this man was not good.

He entered a number on his phone. He stared at the screen of the mobile phone, hesitated for a while, and finally failed to dial the number.

"Bell, bell, bell!"

At this moment, his cell phone suddenly rang, and the middle-aged man stood up in a 'chaotic' manner, and answered the phone with a humble tone.

"Ryoko, it's Daddy, Mitake Tomoya."

"Ryoko, why did you suddenly think of calling Dad?"

"Oh, I miss my dad, and my dad misses you too. Are you bored in the country?"

"Stupid," the man was silent for a while, and then said in a loving tone, "Dad will be back soon, and then I will pick you and my mother back to Tokyo."

"You said you don't want to go back to Tokyo, because there is a strange uncle in Tokyo to scare you?" The man's face showed an uncomfortable expression, and his tone was a little trembling, "Oh, then we'll move, move to a good neighborhood, go to It's good to be friends with good neighbors."

"Okay, Ryoko is really good. By the way, Ryoko, how is mom today?"

"Mom is still crying, Ryoko has to be obedient, Ryoko is already a big girl, take good care of her mother."

"Well, Ryoko is the best. Dad also wants to eat the grilled fish made by Ryoko. Dad has already eaten, and my friends in Hong Kong invited Dad to have a big dinner. Ryoko and mother should have a good meal at home."

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