Chapter 2043: Money Lending at Negative Interest Rates

March 31, Monday, morning, Good Mood Sunday Building Central, meeting room.

After Miyamoto Miko and Belinda and others greeted each other across the big screen, the meeting started.

Miko Miyamoto stopped Ji Ji, who was about to speak, and asked Belinda to speak first, to be simpler.

Olivia asked with a curious smile, "Why? This is it? It's mysterious."

Miko Miyamoto spread her hands and smiled, "Won't you know in a while?"

"I'll come first." Enoch said with a smile, "The financial crisis has no effect on me. Migao Entertainment Group's theoretical net profit is about one billion U.S. dollars, and then I invested it, but actually didn't leave much .”

"The Suer Computer Communication Group I manage, all the proceeds are used to expand research and development. If the secondary investment is not counted, the net profit is about 4.5 billion U.S. dollars."

"That's it."

"Then, I'll come first." Belinda said, "The financial crisis has little impact on my side. The net profit of Huo Xiu Company is about 10 billion U.S. dollars after excluding R&D funds."

"If you count it, the deficit is 20 billion U.S. dollars, including aerospace."

"However, Olivia used financial means to help me invest, and filled it all in."

"So be it."

Olivia said, "Let me continue."

"Not counting the financial aspect, Guangmei World Airlines Group was deeply affected by the financial crisis, with a deficit of more than 30 billion U.S. dollars. However, after moving back from finance, it still has a surplus of more than 10 billion U.S. dollars, and it will roll into the next period."

"That's it."

"It's my turn." Annie said, "The Degu Group was deeply affected by the financial crisis, and its retail sales have shrunk. Fortunately, it has made up for some energy. Not counting financial profits, the deficit is 3 billion U.S. dollars."

"In terms of finance, we made a profit of more than 50 billion U.S. dollars and expanded the scale. In the end, the remaining more than 3 billion U.S. dollars will be rolled into the next period."

"That's it."

"Cough," Oda Nobumi said, "Well, with the help of Ms. Misa, the net profit in my hands is equivalent to nearly 150 billion U.S. dollars, and the pre-tax income exceeds 300 billion U.S. dollars."

"In other words, I can't believe that I can have such a rich income."

Miyamoto Miko said with a smile: "Obviously, I know what cards the dealer will play, so I bet boldly."

Olivia nodded and said, "Indeed, I have to admit that my investment team just isn't brave enough."

Anne echoed: "This is still the result of not using financial leverage to magnify the principal, otherwise it could rise to trillions of dollars,"

"Why not?" asked Enoch.

Belinda laughed: "This guy has a mental block."

Miyamoto Miko said with a smile: "Yes, it feels a little bit worse. The global financial market has shrunk by more than ten trillion dollars. We just took a few percent of the money evaporated from the financial market. In fact, seriously, this is Good deed, salvaged some of the funds, didn't let those funds disappear in thin air."

Olivia smiled and said: "Pull it down, what you said, any guy who loses money in the financial market will probably want to beat you up after hearing this."

Miko Miyamoto pretended not to hear, "Nobumi, you continue."

"Currently, food problems persist in Africa and spread to South Asia and Latin America," Oda said.

"As a result of vacant land, the U.S. is said to have 36.8 million acres of land vacant."

"Due to climate change, such as the reduction of wheat production in Australia, it is said that it has decreased from 25 million tons to 9.8 million tons."

"As a result of biofuel subsidies, corn and sugarcane acreage for ethanol fuel has risen, and it is said that 80 million tons of corn in the United States will be turned into fuel."

"Due to the rise of fuel, the raw materials of fertilizers have risen, resulting in a grain price."

"Due to agricultural subsidies in developed countries, coupled with mechanized mass production,

As a result, their food is relatively low. "

"Because of free trade, many countries used to import cheaper grain from abroad, while some exporting countries have tightened their grain exports."

"A series of problems led to food shortages, but I happened to use food to exchange resource options from many countries. In addition to obtaining resources, I was also helping people in need."

"And this time, half of the proceeds will continue to be used for Zayer's infrastructure, including energy facilities, transportation facilities, agricultural facilities, refugee camps, etc."

"The other half transitions to the next period, as the principal, betting on the next more serious financial crisis."

"That's it."

"Okay, tell me." Under the gesture of Miko Miyamoto, Ji Ji talked about the situation of the Happy Mood Foundation.

"Four trillion yen," Enoch clicked his tongue, "the current exchange rate is..."

Anne said: "It's equivalent to about four trillion U.S. dollars."

Belinda teased: "I've already taken out my money, what do you want to do?"

Miko Miyamoto smiled and said, "I'm going to lend money to you."

Olivia joked: "Ha, it feels like you're doing a liquidation sale, and you've just dumped your blame on us. Do you want us to buy your business?"

"Do you all know?" Miko Miyamoto smiled in response to the question, "In my opinion, each of you didn't make a penny at all in the last fiscal year, and all of you were in big deficits."

"How do you say this? I don't understand." Olivia said angrily, "Don't be a secret."

"It's the exchange rate," Miko Miyamoto said with a smile. "The yen has risen from 120 to 100 against the US dollar. Do the calculations yourself. Those of you who hold US dollars have depreciated their assets relative to each other."

"Damn it," Olivia exclaimed in shock, "After what you said, I suddenly realized that I lost hundreds of billions of dollars."

Miyamoto Miko said with a smile: "Not so much, only fixed assets in the United States, aircraft and ships are not counted, and those in other countries, or those that can go to other countries, can be counted."

"As far as this aspect is concerned, Annie is the one who has lost the most, because she is a retailer. In terms of fixed assets in the United States alone, she has more than you."

"That's true," Belinda asked, "but what do you want, Miko?"

"Didn't you just say that? Issuing bonds." Miko Miyamoto smiled.

Annie Mingwu said: "You want us to buy bonds issued by the Good Mood Consortium and exchange the funds into Japanese yen for value preservation?"

Horiuchi Misa couldn't help but said: "Not only is it to preserve value, but also to make money."

Belinda asked, "Oh, what rate are we going to give us?"

"Not this, Miss Belinda." Horiuchi Misa smiled excitedly, "When the financial crisis reaches its peak, there will definitely be a fluctuation in interest rates, and we will be able to make a lot of money at that time, because we have a large base of investment. "

Enoch asked: "Isn't the financial crisis already breaking out now? It's ongoing?"

Annie shook her head and said, "It won't really explode until the US fiscal year, that is, September and October, when financial companies will release data."

Enoch asked: "Can't we make a fortune through the financial crisis like we did?"

Misa Horiuchi said with a smile: "Whether they dare to bet with a large amount of money is another question. The first thing they face is the breach of various financial contracts, because the financial crisis has made their customers unable to perform financial contracts.

"For example, taking out deposits in advance, terminating investment in advance, terminating the provision of payable insurance premiums, terminating housing loans, etc., these problems will cause financial institutions to have bad debts, reduce the available amount, and trigger a series of shrinking investment quotas."

Belinda smiled and said, "I don't understand those. I just want to know how high the interest rate your bonds can offer."

"Ten percent." Miko Miyamoto smiled.

Belinda smiled and said, "That's so much, thank you so much."

"Don't be in a hurry," Miyamoto Miko said with a smile, "I'm talking about minus ten percent."

"Huh?" Everyone was surprised.

Belinda felt baffled, "What does this mean? Could it be that if I buy your bonds, I will owe you 10% of the interest? Is that what you mean?"

"That's right." Miko Miyamoto smiled, "I'll bet that the exchange rate will fluctuate by more than 10%, and you'll make some money."

Enoch said: "It should be impossible, then the yen will break through 90."

Annie said seriously: "It's bilateral fluctuations. As long as it breaks through 95, it should be no problem. If you use financial leverage, less fluctuations will be fine." Then she couldn't help admiring, "Ma'am, your move is so wonderful. Anne admires."

Olivia sighed: "Well, that is to say, we are busy preserving value here, and we also want to help you make money along the way."

"I don't want to work for free." Miko Miyamoto smiled. "The most important thing is that there will be no psychological burden. Don't worry about being a bad hand that deepens the financial crisis."

"I'm speechless, so let's do whatever you say." Belinda said angrily, "It's a pity that the president of your central bank didn't choose you after playing with your financial means. It's a loss for the country."

Enoch laughed: "I see that I can go to the Fed to be the chairman."

"Okay, I'm not joking with you." Miko Miyamoto said seriously, "I'm going to issue 360 ​​trillion yen in bonds."

"Enoch, you don't need your Michael Group, the Suer Group in your hand subscribes for one-seventh, Belinda and Xinmei each subscribe for one-seventh, Olivia and Annie each subscribe for seventies of two."

"You have made mortgage loans to the bank controlled by Olivia and Anne, and have continued to make loans to obtain sufficient funds."

Olivia said: "I said, you can't use financial leverage. Anyway, the interest rate is negative, and there is no problem in issuing ten times more bonds."

Miyamoto Miko said with a smile: "Then you can use financial leverage to buy, and then wait for the exchange rate to fluctuate to make a lot of money."

"That's right, it should be like this." Olivia said, "What's the problem?"

"I'm worried that you won't be able to collect enough bonds, and you won't be able to return them in time. If you miss the best time, you will definitely feel heartbroken." Miyamoto Miko said with a smile, "If you use the bonds issued by you to hedge, it is tantamount to me Is it interesting to earn your money? Not interesting."

Annie said: "That's indeed the truth."

Miko Miyamoto said: "By the way, I forgot to say, try to borrow euros, that is, when you borrow euros, you will lend euro assets to the branches of your financial institutions in Europe."

"While pushing up the euro, it will step on the dollar by the way, and the yen and the dollar are closely linked, and will fall at the same time, reaching a relatively low level."

"Then you use euro assets to buy my bonds. Now 1 euro is exchanged for about 170 yen. There are 2 trillion euros in assets, and it may reach 180 by then."

"In addition, we have to sign a confidentiality contract, and our employees on both sides are absolutely silent about this matter."

"Unless the government buys bonds through you, finds a problem, and initiates a formal inquiry process."

"That's it. If there are no other questions, today's meeting will end here."

"Ma'am, there is one more question," Anne asked, "is the investment in the financial market still going on?"

"Of course continue," Miko Miyamoto thought for a while and said, "You and Olivia, you are yours, Belinda, Xinmi, and Enoch don't need it, and they have lost three opponents."

Afterwards, no one else asked questions and the meeting adjourned. ...