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Chapter 25 The largest household

On March 29, 1997, the market in the post market was in full swing.

The sudden financial trampling happened like an avalanche.

Tamura Kazuo took the lead in falling all the way.

Except for the limited varieties issued in the early stages, they are still quite resistant to declines, only 20% of them are down.

Most varieties will be cut in half within two or three days, or even more.

For example, "Tea Culture" and "Tofu Festival" fell from high prices of 1,800 and 1,300 yuan respectively to 800 yuan and 600 yuan.

The once-popular "Mei Lanfang" and "Zhuka" also went from 13,000 yuan to 7,000 yuan and 1,000 yuan.

Low-end chronological edition tickets, low-end small sheets and postage seals are even worse, with general declines of 60 to 70%.

In addition, like "Hong Kong Bull", "Classic Seven" and "Classic Eight", these Hong Kong and Macao stamps that made Zhuo Qun profitable have even made highs and fell sharply, and they were suddenly discounted by 30% off.

It’s nothing else, just because the mass gathering foundation is weak and it’s difficult to take action.

Only then will it form a deep trapping plate, which will make people never bear to look back on.

To be honest, this method of falling is like mercury pouring into the ground, and it is out of control.

Its momentum is just like when it rose in the early stage, and no one has ever experienced it.

This directly led to a sharp decline in the flow of people entering the market and a sharp decline in trading volume.

As a result, as the price of rising and falling, the defect of limited monetization ability of the postal market was completely exposed.

In early April 1997, most varieties on the Yuetan Post Market were already priced but not sold, and there was no transaction.

Not only are there few buyers, but there is not even a price question.

Even the postal markets in Shanghai, Huacheng and Rongcheng were affected, and the market also began to go downhill.

And I watched the stamps, coins and cards in my hands shrink every day.

Whether it is a dealer, speculator, or small and medium-sized retail investors, no one feels good.

But this is nothing, and the disaster that everyone never expected is still to come.

Many people in the market who rely on raising funds to raise money to speculate in postage products suddenly disappeared.

"Lao Liu" is among them. At the same time, he disappeared, two big postage merchants specializing in commemorative coins and postage films.

This directly led to a tragic wail in the market.

"Bad! Broken! 'Lao Liu', 'Marlboro' and 'Big Shrimp' all ran away!"

"Impossible? I saw them wandering around the market the day before yesterday!"

"How is it impossible? I heard that someone went to Lao Liu to get the interest for this month. I knocked on the door for a long time but didn't see it open. When I asked the neighbor, I realized that this kid hadn't come back for a few days! There is also Marlboro. This morning, I heard that someone saw him at the airport. It was his wife who was carrying his luggage behind him, but when asked why he was coming, the kid said to pick up his friend and talked lies with his eyes open. 'Big shrimp' had long been playing the sign that his mother was critically ill, and he took his wife and children to go where he went."

"Ah? These grandsons are so immoral! I'm running away now? I still have 90,000 yuan in the hands of "Lao Liu". Oh, I usually save money, and I finally saved some money by relying on this market. I dare not trade it myself, so I lent it all to this bastard. Now, I'm going to waste it all! No, I have to find him..."

"You're looking for something? Just call the police. I just came back from "Lao Liu". I had long since I heard the things in the house been emptied by someone, and nothing left. There was a group of creditors blocking the door of "Big Shrimp". I was constantly with the landlord, so I had to break in and take a look. Brother, let's think about it. Brother, I'm losing more than you. "Lao Liu" alone took me 120,000 and ran away. "Big Shrimp" even kidnapped me 180,000, and I wanted to jump into the river."

"Ah? You lost a total of 300,000! Oh! Why were we so confused by lard? Now, thinking about it, this matter is too lingering. It is obvious that these people have to pay millions of interest every month. Now that the market turns around, they have to throw all the goods into their hands, so how can they pay? Now I know that it is still safe to hold the money in my own hands!"

"Hey, what's the point of saying this now? It's all hindsight. I'm asking me to tell you the fate. Both of us are not good at fortune telling. But some people are lucky. Look, Lao Meng also lent 200,000 yuan, why is it okay? Isn't it because Wang Xiangui, who took his money, was smart? I heard that when he saw that the market was wrong, he immediately bought a plane ticket and rushed to Shanghai, got off the plane and took a taxi to go straight to the "Lu Gong Shiqian Card Market". He followed him to stay at the market gate for a night. He sold it the next day. This was the time to get a snatch from his life, and it was all based on his brain. Not only did he save himself, Lao Meng's money was also saved."

"Yes, yes, there is also Lao Xu who sold the Tamura card before the collapse. A few days ago, Lao Liu didn't laugh at him for saying that no matter how sweet the deal Lao Xu took, he would be able to make a few if he lost money. Now, Lao Xu's life is really good. Even if he doesn't make money, it's worth it. Even those who lend him money are happy."

"No, the entire Yuetan Post Market may only be Lao Xu who escaped this disaster perfectly. As the saying goes, if you survive a disaster, you will have good fortune. Now Lao Xu is the largest player in our market. You see, everyone wants to hang out the battle-free sign, and if you can delay the debt problem, you can either delay it, or just write a blank note. Now everyone regards the only little cash as if it is life-long. Only Lao Xu's "payment" is large, and the principal and interest can be paid at any time, which is a heroic pleasure. But the more this happens, the less people will ask for it. Instead, they are afraid that Lao Xu will pay back the money and will have nowhere to eat interest in the future. I think in the future, Lao Xu's family will be the dominant family of the Yuetan Post Market. You can call the wind and rain if you say something. Do you think they are awesome?"...

Is awesome or not?

It's really awesome!

Now even the market leader Director Pei smiled at Boss Xu and wanted to treat him to a meal.

For nothing else, it's all because Director Pei has seen the general signs.

It is estimated that this market reversal is similar to the postal market crash in 1992, and it is destined to slide into a trough for several years.

I don’t know how many people can’t cry, and a large number of people who rely on the postal market will definitely be eliminated.

And he also had internal news, and it was precisely not groundless that the rumors of Yuetan Post Market relocation were groundless.

It is indeed planned to set up a larger indoor stamp and coin market in Madian.

Then Boss Xu naturally became a big customer that must be won.

Director Pei is still thinking that after the relocation, Boss Xu can book a few more stalls to reduce the rent pressure for him.

Therefore, since the supply and demand relationship has been adjusted, people’s attitudes and identity must be adjusted accordingly.

It’s a pity that neither Director Pei nor anyone else in the market would have thought of it.

Boss Xu, the largest player with a lot of money, is actually not as energetic as they imagined.

There was also a mountain pressing down on Boss Xu's head.

He must also be honest and treacherous, restrain his self-esteem, and listen to other people's instructions honestly.
Chapter completed!
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