Chapter 542: Copying the Myth from Old Mi
Chapter 542: Copying the Myth from Old Mi
With the arrival of Prince Hong Kong Bank, the entire Japanese economy gradually stabilized.
All the bankrupt banks were acquired by Prince of Hong Kong Bank. From then on, wherever people went, in which city, wherever there used to be a bank, they saw Prince of Hong Kong Bank.
Building these banks wasn't too difficult. The banks were still the same banks, the people were still the same people, and they still went to work as usual. They were just notified that they had been acquired, given a new name, and had some systems changed.
To retain them, Ye Zimei even gave them higher wages. A bank, by its very nature, is not a business that profits by exploiting its employees.
As long as it runs stably in the early stages, paying more money is not a problem.
At least, there are no more protests. People can withdraw their money if they want to.
However, what the Japanese people found hard to accept was that they would have to use Hong Kong dollars in Japan from now on.
Because the Japanese government has already issued a notice that the yen is invalid. They can take their yen to the Prince Bank in Hong Kong to exchange for Hong Kong dollars, but yen is no longer in circulation.
As ordinary people, they have no other choice.
The main problem is that you can't exchange Japanese yen for gold, but you can exchange it for Hong Kong dollars without any problem.
Of course, the Prince of Hong Kong Bank will print an equivalent amount of Hong Kong dollars for all the Japanese yen that are returned. In short, they will not lose money.
This way, inflation won't occur. After all, they already had that much money; it's just an exchange of equal value.
Ye Zimei and Lao Mo are stationed at headquarters, and they hold a video conference with the employees every day before work.
The strength of their telephone was one of the factors that allowed them to quickly stabilize the situation.
Every day before work, all employees can see the speeches given by the chairperson and her husband.
Ye Zimei and Lao Mo speak Japanese very well, and surprisingly, not many of the employees dislike them.
Relying on powerful communication satellites, Prince Hong Kong Company launched its first office software, enabling all its banks to be connected to the network.
Two months later, life finally settled down completely.
What followed was the problem of those gangs.
The six major gangs went crazy, desperately trying to swallow up the smaller gangs, seize their resources, and steal their money.
There was no other way; they had to repay over ten million yuan in debt every month. If they didn't do this, they would have had a hard time repaying the money in the early stages.
Japan descended into chaos for a considerable period. However, this had absolutely no impact on the Prince's Bank of Hong Kong.
It was just gang violence; the military wasn't affected at all. These matters are handled by Ah-She from Japan.
After things stabilized, Lao Mo bought land in Japan to develop real estate and started reaping profits.
Old Mo brought the real estate framework from later generations here and perfected it.
There's nothing he can do; even the banks are his, so he can exploit them however he wants. The banking business is booming.
His business practices were far more ruthless than those of later generations. He offered zero down payment and allowed homebuyers to take out loans for fifty years or even longer.
Once the house is bought, the grandfather's debts will continue to be paid off until his grandson's generation.
Anyway, Old Mo isn't afraid; he's sure he'll live for another one or two hundred years. Even if he's gone, he still has his sons and daughters.
His space and system are inheritable. Even if he's gone, there are still so many space administrators. They can exploit the masses for centuries without any problem.
From then on, everyone in the family had to work for him, the Prince of Hong Kong, for generations.
That's not the worst part. The worst part is that Old Mo opened a hospital in Xiao Rizi. And it's a monopoly.
In other words, apart from him, the Prince of Hong Kong, no one has the right to open a hospital here. You want to open one? You can't even get the necessary permits.
This thing isn't something you can just get by having money.
Most importantly, he also monopolized pharmaceutical manufacturing. All the medicines were shipped from Hong Kong.
Not only is it expensive, but it doesn't even cure the illness. Even a simple cold takes you several days to get better.
If you get a serious illness, you'll have to be hospitalized. You won't be able to leave the hospital until your entire family's savings are emptied.
Every day, long lines form at the hospital to pay.
Anyway, Old Mo just took advantage of the situation to fleece the villagers like crazy. The entire island was full of his "leeks" (victims) from Hong Kong.
What's worse is that it's extremely difficult to go abroad from here.
You think you can run away from the chives that have already been planted? Not a chance.
Besides these few industries that exploit investors, Lao Mo also invests in various other industries.
For example, the oil industry, the automotive industry, the electric vehicle industry, and so on.
With the development of Hong Kong Prince Telecommunications Network Company, the internet has become increasingly advanced. People have started online shopping and ordering food online.
Lao Mo was the first to enter this industry. He founded a food delivery company, recruited countless riders, but refused to buy them insurance.
Anyway, if he gets into a car accident on the road and dies, he won't feel sorry for the little guy.
Only those who are alive and can make money for him are good people.
I must say, they're living a pretty happy life. They have a job every day, food to eat, and they use their salary to pay the mortgage.
If you default on your mortgage payments, sorry. Even after the property is repossessed, you'll still owe the bank a huge debt.
Besides houses, you can get loans to buy cars, even electric vehicles. Anyway, if you can't repay the loans, they'll take the car back, and you'll still owe the bank a large sum of money.
Ironically, the people living there felt very happy, after all, they had enough to eat and wear, a car and a house, everything they needed.
Two years of development have brought prosperity to the local economy, and Beijing has become one of the most prosperous cities in the world.
In 1975, online rankings showed that Xiao Rizi's happiness index was number one, and his per capita GDP was number one across the entire internet.
Suddenly, many people went to great lengths to immigrate to Xiaoqi to live a better life.
That year, Old Mo came to Old Mi again.
The rice industry has been booming in recent years, and they've risen to prominence. They think they're back in business.
When Old Murdoch arrived in Old America with Princess Anne and his team, the Governor of Old America and his high-ranking officials lined up to welcome them.
Old Mo's purpose in coming here was, of course, to replicate the success he had achieved with Little Life.
Everyone in the US knows that after Murdoch took over for two years, the US GDP per capita became the highest in the world.
Therefore, the US leadership was extremely welcoming of Murdoch's arrival.
Look at this, in just two years, who would dare to mess with their life now?
Even the British were envious. Her Majesty the Queen called Princess Anne and Lord Merkel more than once, hoping they could go back to Britain and rebuild it just like they had done with their home country.
But at that time, Lao Mo was really busy, so he has been putting it off until now and still hasn't gone back.
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