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Chapter 274: Miserable Japan


Mikhail's private jet slowly landed on the runway of Narita Airport in Japan, and then slowly headed for Bank of Colombia's private tarmac at Narita Airport.

Mikhail has not been to Japan for a long time.

Ever since the Gorky Group used the foreign exchange reserves of the Soviet Union Foreign Trade Bank to withdraw from Japan, the Gorky consortium has focused its business on the United States.

The reason why Mikhail returned to the old place this time was not to play, but to negotiate with the Japanese government on the debt issue.

Since the Seibu Group was exposed to the scandal of financial fraud, the Japanese economy has experienced a series of blows.

With the collapse of the Seibu Group, Japan's largest real estate company, a large number of bank loans became bad debts, bad debts, thus causing a chain reaction of collapse and slashing in Japan's financial industry.

Japan's top 10 Bank of Japan collapsed, followed by the Bank of Tokyo-Mitsubishi also posted its biggest loss since its establishment.

Japan's credit market as a whole is completely disrupted.

At this time, a large number of politicians in Japan's Liberal Democratic Party, including Prime Minister Noboru Takeshita, were exposed to the Likulut scandal, and the emergency bank bailout bill that the financial industry had been waiting for was put on hold.

In this way, Japan's credit system was completely disrupted, and even Japan's economy began to slide into the abyss, and the Japanese stock market began to plummet systematically.

To make matters worse, the real estate sector, which has been driving Japan's economic growth, has also begun to experience widespread supply cuts, as banks have tightened their lending because of bank problems.

In this case, at the beginning, someone sold the property at a large price reduction, and then batches of bamboo shoots were sold to the market, as long as the buyer is willing to pay the remaining loan, the house can be given to the buyer, and after that, even the bamboo shoots cannot be sold.

Many Japanese people who are heavily burdened have completely abandoned their houses and cut off their supplies, and even evaporated from the world.

For those ordinary people in Japan, there are hardly anyone who has not been trapped by this round of falling housing prices and stock prices.

Many people watched the real estate and stock markets in full swing and gritted their teeth and borrowed a lot of money from loan sharks.

But with the collapse of the stock market and the real estate market, they can't afford to pay back the interest, not to mention the principal.

Many male owners of Japanese families abandoned their wives and children and allowed them to be bullied by the underworld.

Speaking of the underworld, in fact, their life is not easy, in the peak of the bubble economy, a large number of Japanese mafia organizations began to get involved in the credit business, they used bank loans to set up financial companies.

Started a loan shark business.

But now even the banks are having a hard time, no matter how good the underworld is, it is impossible to confront the banks, and the banks have various means to block the underworld.

So when banks force debts from organizations like Yakuza, Yakuza has no choice but to force his loan sharks.

The women who borrowed money only need to be beautiful, and Yakuza has a way to get them to pay it back.

And if a man is good-looking, he also has an easy way to make money.

As for the rest of those who can't afford to pay back, Yakuza certainly has a solution.

Some were forced to sell their organs, others were trafficked to Africa to work in the meat and skin trade, but a large proportion of the men were trafficked to Soviet distant-water fishing vessels to work in the fishing industry.

They work hard for more than 10 hours a day in a damp and cold environment, and if they die, their bodies are thrown directly into the sea.

And these men, who owed a large amount of debt in Japan, disappeared from the face of the earth without a trace.

This human tragedy was caused by Seryosha, but Seryosha did not feel the slightest uneasiness of conscience, and he was still planning to repeat the old trick in Germany.

Mikhail came to negotiate debt with Japan's banking industry and the Japanese government, which is a zero-sum game that creates little value in itself.

Everything that the Gorky consortium earned from Japan was, strictly speaking, someone else's loss.

The Japanese have multiplied the cash flow of the Gorky Group several times, and this is only a small part of the Gorky Group's gains, in fact, almost every major bank in Japan and the Japanese government have owed Gorky a huge debt in this financial catastrophe.

It is impossible for this debt not to be repaid.

However, the Japanese banking industry cannot afford it, and the Japanese government cannot afford it, so we have to find a solution.

In order to survive the cold winter.

Japan's banking sector has no choice but to huddle together to keep warm.

The Bank of Tokyo-Mitsubishi absorbed the debt-ridden Union Bank of Japan to form a new Tokyo Mitsubishi Union Bank of Japan.

Japan's Tokai Bank, on the other hand, absorbed assets from Toyo Trust Bank, Sanwa Bank, and the original Tokai Bank.

Against this backdrop, new companies began to divest old companies of bad loans, liabilities, and bad bank debts.

However, this requires the approval of international creditors.

Bonds are different from stocks, and when the debt matures, the creditor has the right to dispose of the assets of the enterprise in priority.

This power has literally made Bank of Colombia and Blackstone the kings of Japan's banking industry.

Mikhail's meaning is very clear, he has his eye on Japan's largest Tokyo-Mitsubishi UFJ Bank, and hopes to include the core bank of this large Japanese consortium under the Gorky consortium.

Why do we do this, because the Bank of Tokyo-Mitsubishi UFJ is the core bank of many old industrial enterprises in Japan, and the foundation of the Mitsubishi Foundation is also a bank, and the bank is the top level of the organizational structure of the Japanese foundation.

Although the Bank of Tokyo-Mitsubishi UFJ is in trouble, it still controls controlling the controlling stakes of Japan's leading companies such as Mitsubishi Heavy Industries, Toyota, Honda, Panasonic, Sony, Nippon Steel, and Kobayashi Pharmaceutical.

The current Bank of Tokyo-Mitsubishi UFJ is no longer able to operate normally, and without Mikhail's approval, all the profits of the Bank will be used to pay off debts.

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If this is really done, the Bank of Tokyo-Mitsubishi UFJ may not even be able to pay its employees' salaries normally.

Mikhail's meaning is very clear, that is, it is okay to strip the debt, but the Gorky Group must take a stake in the Bank of Mitsubishi UFJ in Tokyo.

In addition, it is the single largest shareholder in Japan's largest bank.

This time, the conservative Japanese financial industry did not have the guts to refuse Mikhail's demands.

Just like those Japanese SMEs who applied for loans from the Bank of Mitsubishi UFJ in Tokyo have no way to refuse them.

As the apex predator of the debt chain, the Gorky consortium can do whatever it wants. t1706231537: