standing on the steps beside the building

musicdqug

18:39 \
Each generation must create its own bubble and experience the crushing
Article | Huang Tieying
Hong Kong stock market crash of 1987:
Street vendors from millionaires to
In 1986, I met in Shenzhen, not seen in ten years, primary school teacher. He was born in Guangdong Overseas Chinese in Indonesia, the 50s of last century he had just graduated from the Department of Finance in Jakarta,Provide comprehensive [link widoczny dla zalogowanych], the response called the motherland, with a large number of young intellectuals went to Southeast Asia to participate in socialist construction in China. So he became my primary school in Changchun City, when Anda language and math teacher.
Experience China's anti-rightist, the Great Leap Forward, the people's communes, \Eat the children fed, in 1977 he took his wife and children to Hong Kong. Is indeed the school financial, construction workers began his start, after a few years to start their own equipment at home to the mainland to sell electronic form, and later opened in Shenzhen, he went to do a watch factory in Shenzhen.
In Shenzhen, the first time we met, he gave me a business card that read Shenzhen (Hong Kong) Huanya Electronics Group chairman, his factory in Shenzhen, a thousand workers in Shenzhen was one of the largest electronics assembly plant.
After three years, we did not re-contact. 1990 I Yau Ma Tei in Hong Kong shopping, suddenly heard a familiar voice: ten dollars two it! Two ten dollars it! I look back, and some could not believe my eyes, my teacher standing on a tricycle in a loud second-hand clothes selling in Japan. Fear of embarrassing him even more afraid of embarrassing themselves, somehow I did not dare go up to greet him. Are hesitant to side, suddenly someone yelled: \\Originally Municipal Administration personnel, and Hong Kong unlicensed hawkers lookout for them specifically asked people to stand guard.
After coming back from the Yau Ma Tei, quickly find phone card to the teacher, all the phone calls turned into someone else's out. Sunday I went to the second, no municipal day comes, the teacher's business is also very lonely, and I encourage the courage stepped forward to greet him, he'd be embarrassed, but the teacher, after all, is a teacher. Teacher told me: \Good to see you, if nothing chat with me. \
I asked: \\
The teacher said: \Is a corrupt word. (19) 86 of the Hong Kong stock market was crazy, I see a lot of people make money, although I know the school finance stock market risk, but still could not help but go in, the greater the results of more speculation, earn up to ten million a day,Provide comprehensive [link widoczny dla zalogowanych], and I the factory also mortgaged to the bank to borrow money stock, which commitment to (19), a stock market crash 87 years ago, I suddenly turn no money, houses and factories gave the bank. \
I asked: \\
\Fortunately, this is Hong Kong, as long as hard to go hungry; as long as the hungry, there is always opportunity. This is life. \
Teacher always a teacher. Since then, I understand that people say: dead horse fall line is what it means.
Hong Kong stock market crash of 1987 was the first crash experience, which is caused by the U.S. stock market crash. October 19, 1987,Provide comprehensive [link widoczny dla zalogowanych], Monday, the day the U.S. stock market fell 22%,Provide comprehensive [link widoczny dla zalogowanych], the young Hong Kong stock market fell a somersault, and even off the city for four days, when the Hong Kong stock market resumed after a two-thirds of Hong Kong investors less money II. A large number of teachers in Hong Kong as investors like me bankrupt, most of whom never have the chance to go back to the stock market.
Japan's stock market crash of 1992:
Nomura Securities employee jumped
In 1990,Provide comprehensive [link widoczny dla zalogowanych], I went to Japan Business trip,Provide comprehensive [link widoczny dla zalogowanych], by the way to Japan's largest securities firm Nomura visit. The heyday of the Japanese stock and property markets, the stock market than China's stock market returned fire in 2007, to 100 times earnings, a number of economists in Japan and the world have said that the traditional economic theory is not practical to Japan, Japan is creating new economic laws. Japanese real estate is even more arrogant, a Tokyo city can buy land for one and a half the United States. Japanese businessman in the world can be cattle, to the rich man is like visiting the vegetable market where, looking for anything to buy. Thus, the Japanese bought the American symbol of the Rockefeller financial empire building,Provide comprehensive [link widoczny dla zalogowanych], a symbol of American movies bought Columbia Pictures, bought Canada's forests, to buy Australian iron ore, bought the most expensive house on the Mid-Levels, Hong Kong, 70% of Japanese women buy LV handbags produced in France, Japan, flew to Thailand, a man playing golf in droves ... ...
My hosts are a young manager at Nomura Securities, and he sent me Nomura building, standing on the steps beside the building, pointing to the newly completed 60 multi-storey tall granite building,[link widoczny dla zalogowanych], not without pride: \The world has entered the information economy, the storage of building a global customer base of economic information, Nomura Securities in order to ensure the security of such information, in the 100 meters at the ground floor there is a power station, it can guarantee at Nomura Securities in anything else happening in the world function properly. \
But I do not know how, by 1992 the Japanese economy can not be normally. Japan's stock market from 33,000 points, less than two years fell to 11,000 points. Real estate is plummeting, but also sold a half in 1990 the United States, Tokyo, New York, 1993, even one can not afford to buy. As a result, Japanese companies are pumping money back from overseas emergency, not only half of the Rockefeller Building, sell it off to the Americans,Provide comprehensive [link widoczny dla zalogowanych], also several large Japanese banks and insurance companies are also sold to foreigners.
1995,Provide comprehensive [link widoczny dla zalogowanych], who received my manager at Nomura Securities in Hong Kong on business, I asked him to drink, told me he was heavy: Japanese companies have begun to lay off now, and many people commit suicide, especially in the securities industry, a year before his men who was graduated from Waseda jumped last month,Provide comprehensive [link widoczny dla zalogowanych], the. Television is now the most popular TV programs is to teach people how to save money, such as how to teach Japanese housewife boiled eggs cooking in the heat.