Chapter 852: Erosion Plan



Japan's four major conglomerates are Sumitomo, Mitsui, Mitsubishi and Yasuda. Except for the Yasuda Group, which has a relatively short history and is an international conglomerate developed after World War II, the other three conglomerates have a long history. In comparison, among the eight old American conglomerates, only the DuPont family's history can barely be compared with Japan's top three groups.

The three major Japanese financial groups not only have a long history, but also have huge capital. Take the Mitsui Group for example, the assets of this group alone are as high as 36 trillion yen, close to 400 billion US dollars!

As for the hidden assets, no one except the core figures of the Mitsui Group can figure it out.

The four major Japanese conglomerates are very successful in hiding their assets. Outsiders only know how many companies a conglomerate has, but if you really want to calculate the assets of this conglomerate, you will find that no matter how you calculate, you can't calculate its assets. Because compared to the tip of the iceberg of these Japanese conglomerates that is exposed above the water, their assets hidden underwater are simply unbelievably huge.

It is no exaggeration to say that the economic lifeline of Japan is actually in the hands of the four major financial groups! Four financial groups can control more than half of the assets of the world's third largest economy. You can imagine how terrifying these four financial groups are.

However, these four financial groups are gods to the Japanese, but to Yang Jing, they are cash machines! Oh no, it should be said that they are the printing machines of the printing factory!

Since the collapse of the Japanese financial market seven years ago, Pacific Capital under the name of KY Investment Fund has been making huge profits from the Japanese financial market. Most of these profits actually come from the four major financial groups in Japan.

There's no way, who made you so eye-catching, just like the bright moon in the night sky, no one can ignore you at all. No matter how good you are at pretending and hiding, you have met a guy from the future, so you have nowhere to hide.

Yang Jing is well aware of the power of these four financial groups. If he does not take advantage of Japan's series of economic recessions in the 1990s, it will be extremely difficult to weaken these four financial groups in the future.

The stock market crash that lasted from the end of 1989 to the new century and the Asian financial crisis in 1997 were the best opportunities in recent decades to weaken Japan's four major financial groups. We must seize them!

Therefore, Yang Jing had long ago placed weakening the four major Japanese conglomerates on a level as important as plundering the legacy of the former Soviet Union. For this purpose, he even let David Anderson take sole control of Pacific Capital, and continued to bleed the four major conglomerates based on the plans he provided.

It now seems that David Anderson has done a pretty good job, and Yang Jing is really satisfied with this.

Moreover, compared with the properties controlled by the four major conglomerates, Yang Jing is more concerned about the shares of the mining companies controlled by these four major conglomerates.

Japan is a country with very scarce resources, so the Japanese have been trying to enter the mainland since a long time ago. From the Battle of Baekgang in the Tang Dynasty, to the Japanese pirates in the Ming Dynasty, to the invasion of China in the late Qing Dynasty and the Republic of China, these are all concrete manifestations of the Japanese's unremitting pursuit of entering the mainland.

It was only after World War II that the Japanese completely realized the reality that the mainland was not something they could get their hands on. So the Japanese began to change their thinking and began to secretly control the world's resources.

Of course, it is a bit of an exaggeration to say that the Japanese control the world's resources, but there is no doubt that since World War II, the Japanese have indeed launched a strategic layout for global mineral resources. Among them, because their American father has always controlled oil, the Japanese can only get involved in other resources, and the most important resource for the Japanese is iron ore.

For Americans, who own the Appalachian iron ore and other world-class iron ore, metal resources are not rare to them, and the same is true for coal, so this gives the Japanese an opportunity.

Since the 1960s, with the support of their American father, the Japanese have begun to develop a global iron ore strategic layout. After decades of layout and continuous secret acquisitions, the four major consortiums have controlled many shares of the world's major iron ore producers.

For example, Vale in the new century, BHP Billiton, Rio Tinto, FMG after the new century... especially the three major iron ore giants after the new century, Japanese companies own a lot of shares in them.

At this time, the shares of these mining companies controlled by the four major conglomerates are still not obvious, but once entering the new century, these shares will allow the four major conglomerates to have the capital to recover from the twenty-year economic recession!

Yang Jing doesn't want to give the Japanese consortium time to recover.

Therefore, in response to the shares of iron ore producers controlled by the four major Japanese conglomerates, Yang Jing formulated a series of plans to take advantage of this once-in-a-lifetime opportunity to embezzle as many shares of mining companies controlled by the four major conglomerates as possible.

And this process was called the "erosion" plan by Yang Jing!

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