The mainland branches are booming, and good news comes repeatedly, which makes Xia Tian very happy.

At the same time, the good news came from Fusang. As March, the Fusang Nikkei index continued to fall, and compared with the highest point before March, it had fallen by nearly 15%.

The investors who thought the stock market was just a normal adjustment, gradually woke up as the value of the stocks in their hands continued to shrink.

The statement that the economic bubble is about to be burst has been accepted by more and more people. The pessimism in the market has gradually spread, further stimulating the decline of the Fusang stock market.

At this moment, the Fusang Mansion not only did not take any measures to prevent the economic bubble from being suddenly burst and prevent the domestic economy from landing hard. Instead, at this critical moment, it announced the third increase in the bank discount rate, from 3.5% to 4.5%.

The introduction of this policy has led to a sudden increase in bank loan interest rates, and the financing costs of enterprises, stock markets and real estate markets have also increased significantly, further curbing their development.

...

Prior to this, the appreciation of the yen caused a decline in exports due to the introduction of the Plaza Accord. In order to stimulate economic growth, Fuso Bank lowered loan interest rates for five consecutive times and maintained the ultra-low interest rate for twenty-seven months. This over-expanding monetary policy caused a large amount of surplus currency.

The excess currency flowed into society, causing the Fusang people to get rich overnight and their value doubled. They started to spend money, and they called taxis on the road to wield a 10,000 yuan bill (about seventy dollars), otherwise they would not be able to get a taxi at all.

Securities companies give employees three to four million yen every year, and the top management even has more than 30 million yen, and even more than 100 million yen.

According to the "Weekly Wenchun", published in 1988, in Ginza at 10 o'clock in the evening, a senior corporate official took a five-minute taxi and paid a fee of one million yen. This shows the luxury.

The excess currency also flowed into the stock and real estate markets, making these two industries prosperous unprecedentedly. Even the stock market crash in 1987 was unable to do anything to the Fusang stock market.

Under such circumstances, the people of Fusang thought that the national economy would continue to prosper, and the stock market and real estate market would not fall. In the future, they belonged to their country of Fusang, so they spent money without any scruples, ate food for the first time, traveled everywhere, and bought everywhere, which was almost like buying the whole world.

But now, Fusang Bank has suddenly turned its head. As the loan interest rate soared, enterprises and the public have cut off their sources of funds. Enterprises have difficulty in financing, business operations are sluggish, and while performance declines, employees' wages and benefits will decline. As people's incomes fall, loan interest rates also rise, resulting in their consumption expectations further converging.

Corporate revenue declines, domestic demand tightens, and Fusang's economy declines, so it is naturally inevitable. The first thing that collapses is the stock market.

...

Originally, the Fusang stock market was popular with massive low-interest loans, and many people, institutions and companies were placing large-scale loans to trade stocks. When the stock market was booming, their income could easily offset the loan interest and make a stable profit. But now the stock market is in decline, and many investors are trapped and cannot escape, and they urgently need funds to be untied.

However, the rise in loan interest rates has greatly increased their financing costs and they cannot get out of the trap at all. They may only fall deeper and deeper. In order to understand the trap, they can only sell stocks at a low price, which has led to a further decline in the stock market.

By mid-March, the Fusang Nikkei stock index had fallen from nearly 40,000 points at its peak to 30,000 points, and fell by 1,500 points in the second week of March alone. It can be seen that the decline in the Fusang stock market is accelerating.

The continued decline of the Fuso stock market has also made the summer a lot of money. He has been shorting the Nikkei stock index since the beginning of the year. Now, with the Nikkei index falling by 10,000 points, he has also made huge profits of nearly 3 billion US dollars in the summer, which can be said to be a huge fortune.

But 3 billion US dollars is just a piece of cake for today's summer. After making so much money, others have been so happy, but he is still very calm and does not take it seriously.

What was really happy in summer was that as the Fuso stock market plummeted, the bet he made with the Presbyterian Zion was also being fulfilled.

When he made a promise to the Presbyterian Church of Zion, the Fuso stock market would fall by 20%. Now it is only about 700 points apart, and it is estimated that it will be achieved in less than a week.

Once reached, the cooperation between Summer and the Presbyterian Church will officially begin.

When Xia Tian thought of the soon-to-be-get Columbia TV station and the beautiful Jennifer Connery, he couldn't help but feel itchy. He still remembered that Soros, the elder of the Presbyterian of Zion, promised to invite him to participate in the plan to snipe a country's currency.

If he was not wrong, Soros' target to snipe should be Britain. When he sniped the pound, he cheated Britain very much. Not only did he lose tens of billions of dollars, he was also forced to withdraw from the European exchange rate system, causing its influence in Europe to greatly lose points.

Xia Tian has never had a good impression of the UK. Not to mention the grudges a hundred years ago, in the past two years, the HSBC Group and Hong Kong British Government have suppressed him repeatedly, and there is a shadow of Britain behind it. Xia Tian has always been the one who refuses to suffer losses. Now that he has the opportunity to take revenge, he will certainly not miss it.

"It just happened to be ten more days for the Academy Awards. It seems that I can have fun in the United States." Xia Tian looked at the itinerary and smiled slightly.

...

March 26th is the day for the 62nd Academy Awards.

In the summer, he was shortlisted for the Best Screenwriter Award, while Columbia Pictures' "Driving for Miss Daisy" and "Rainman" were shortlisted for multiple awards, with a high chance of winning.

In the summer, I am preparing to participate in the Academy Awards, and I will personally receive several awards, and by the way, I will talk about cooperation with the Presbyterian Zion.

He then called Li Jiaxin and Li Zhi again, asking them to cook the work they had at hand and prepare to accompany him to the United States.

Although Li Jiaxin and Li Zhi are both champions of Sister Ya, they have attracted much attention as soon as they debut. They are far superior to others in terms of quality and popularity.

However, both of them have never been aspired to be professional. They have been in the industry for two or three years, and they can count the movies they have made. In comparison, Qiu Shuzhen, Zhang Min, Zhu Quan and others are real workaholics, and at least three movies are released every year. Like Zhang Min, they even created a miracle in which one person made seven movies in a row in a year, and they are called "Sister Zhang Qi".
Chapter completed!