Chapter 21 The Shadow of Wall Street (1)
The president, with a hint of tiredness, was flipping through the newspaper.
Throughout the 1980s, the international situation changed, like cooking oil, and there were so many news every day. The Soviet army launched a large-scale sweep of the rebel armed forces in Afghanistan, Southeast Asian Maoist guerrillas ambushed government forces or attacked villages and towns defended by government forces, Africa was full of fire, South American coups continued, and NATO and Warsaw Pact confrontation across the Berlin Wall, secretly thrilling intelligence wars, and the two major groups in all aspects of economic, political, cultural, military, technology, etc. There were big news everywhere, and reporters' legs broke. Of course, the President did not have so much time to read any news, and the secretary helped him sort it out early in the morning. Which news is the most important and which is secondary, and it is marked one by one. Today's newspaper secretary focused on three news:
"China announced that the second domestically produced Pioneer-class large destroyer, the USS. The Yuan will be in service and will be classified as the South China Sea Fleet."
This news made the President irritable for no reason. He didn't know much about military affairs, but he also knew that the Yuan and Xuefeng were both vanguard-level and had strong combat power. How long did the Xuefeng last? It would be a military force! The most terrible thing is that this ship will also be deployed in the South China Sea, and it is self-evident who will come to attack. Hell, China is desperately using the wealth they have obtained through war to expand its maritime military power. Although their navy is still very weak now, it is covered by ballistic anti-ship missiles.
The entire South China Sea is their world, and the combat power of that diving aircraft carrier is not to be underestimated! What’s more serious is that they have made too fast progress! Maybe in another ten years, a large aircraft carrier developed by China will appear in the South China Sea. By then, the United States will be really squeezed out of Asia! It’s so hard that the economic situation is so severe that it will fight the Soviet Union to death, and on the other hand, it will have to suppress the dragon and stare at its backyard. It’s really so hard!
"Japanese entrepreneurs expressed interest in the acquisition of Rockefeller Building."
The president smiled speechlessly. The Japanese pigs with so much money that they had no place to spend, they bought their favored assets all over the world like a storm. Take Hawaii, a resort holy land of 60% of the high-crotch villas were bought by Japanese investors. This is also impossible. After World War II, Japan's economy developed rapidly and developed into the second largest economic power after the United States by the end of 1980s. The per capita GDP was even far beyond the United States, and it was close to Switzerland and Sweden and other small countries. In the 1980s, Japan, large Japanese manufacturing companies represented by Toyota, Mitsubishi, Sony, and Panasonic were expanding wildly around the world, and its products were sold around the world. Japanese products were once called "the sun never set" products.
Take Sony as an example. The Walkman produced by Sony at that time was everywhere and was popular all over the world at that time, especially in universities around the world. It can be said that as long as there is a place where love exists, there is a Sony Walkman.
Toyota Motors
The expansion in the United States once put GM, Ford and Chrysler on the verge of bankruptcy. At that time, Chrysler's president, Lee Icoca, even threatened the president that if the President does not take trade measures and attacks Japan, the President may have to step down tomorrow. Toyota's success has caused entrepreneurs around the world to learn Japan and set off a frenzy of learning the "Toyota production model".
The expansion of Japan's capital is even more shocking: it made the media of the United States shocked and exclaimed, "Japan will occupy the United States peacefully!" Among the United States' assets, 10% has been occupied by Japan. The trade gap between Japan and the United States is getting bigger and bigger. In 1985, Japan replaced the United States as the largest creditor country in the world. At this time, the United States became Japan's largest debtor country. GDP exceeded more than half of the United States, and the per capita GDP far exceeded that of the United States. In the 1980s, the "Japanese threat theory" was popular throughout the United States, so that the United States suddenly called Japan's crazy acquisitions "Economic Pearl Harbor". What they have experienced now is only
It was just the pioneering force of this craze. Maybe one day even the Statue of Liberty and the White House were bought by Japanese investors. (There is an interesting thing: an American building was planned to be sold to the Japanese. The Americans offered more than 400 million yuan, and the two sides agreed to wait for the Japanese to pay for the payment. The Japanese suddenly brought a new contract the next day, which stated the price was 610 million yuan. The Americans were puzzled. Japanese personnel explained that their boss saw in the Guinness World Records the first day that the highest price for a single building sold in history was $600 million. They wanted to break this record.)
These two news made the president frown, but the third news made his mood improve suddenly:
The exchange rate of the yen to the US dollar is rising sharply!
The continuous appreciation of the yen has been no longer new, but it has been extremely abnormal during this period. It is like a rocket rising upwards, unstoppable, making people feel numb. This crazy rise will inevitably attract more hot money to join and push the currency to a higher climax, until the financial giants feel that it is enough and can stop and withdraw the hot money from astronomical numbers, and all this will end. Of course, in this process, Japan will suffer huge losses, and the exchange rate is never a joke. The US dollar needs to depreciate, and the yen must appreciate. This is the only feasible way for the United States to get out of its predicament.
The president has been working hard in this direction. Now it seems that someone is helping him, pushing the dollar down and lifting the yen up. He originally wanted to wait and take action, but the hundreds of billions of fiscal deficits, snowball-like increasing debts, and the continuous rising unemployment rate forced him to take action as soon as possible. The Battle of Belan had a profound impact on the world. As the world's largest country, he was the first to bear the brunt of this battle. This battle was huge, the losses were not light, but the returns were minimal. The people's dissatisfaction with him had reached its peak. If he didn't make any achievements, he really
I have to step down.
Neither polar bear nor panda are easy to mess with. Wanting to plunder wealth from them is like seeking death. There is no way, so I have to take surgery on my godson...
"Mr. President, the time for the meeting is up." The special assistant walked in at some point and whispered to interrupt the president's thoughts. The president said "thank you", put down the newspaper, sorted out his tie, and walked out. A difficult meeting was waiting for him.
In the conference room, the shadowless light shone everything in detail, including human thoughts. The participants were all stomping their feet and the earth was shaking three roles: Vice President, Secretary of Defense, General of the Army, Navy and Air Force, Secretary of the Finance, Director of the Federal Reserve... I need a good lung capacity to read so many well-known names at once. Of course, this is a secret meeting, not a quarrel in Congress, so everyone can sit and talk calmly, say whatever they want, no one will look for bones in the eggs, specifically pulling your braids.
The first person to speak was the Minister of Finance. This guy was having a hard time. He was guarding such a big stall. Everyone asked him for money. The domestic economic situation continued to be sluggish and even worsened. Where did he find money? He had to use national welfare to try to cut the welfare a little bit. Good guy, he immediately aroused public anger. The stones, rotten eggs and tomatoes smashed by the people were enough to build a grave for him! It is impossible to imagine how to increase the source, and reduce the expenses? Yes, it is probably a joke.
Who doesn't know that the United States is used to spending money, how can it be reduced? The military budget made by the military almost drove him crazy! The Air Force Command said that we must develop more advanced fighter jets and throw China and the Soviet Union away. You have to allocate funds to me; the space force said that I am almost just starting out, space shuttles, strategic laser satellites and other big money-burning players, and our funds cannot be reduced; the Navy is not polite: our lost warships must be repaid as soon as possible
Come on, we must start developing submersible aircraft carriers, otherwise we will lose the ocean! National air defense, strategic interception, Star Wars and other systems are shouting, their strategic laser cannons, particle beam launchers and other crucial projects have not yet been seen! The worst thing is that in these two cutting-edge technologies, they have begun to lag behind. The Chinese army's laser cannons have entered actual combat deployment, and the Soviet particle beam weapons have also shown their strength and have been established in Kazakhstan.
It would be fine if a particle beam weapon experimental base does not catch up! There are also Army and Marine Corps · Oh my god, I can't make up so much money by dismantling the bones and selling them! The old man made a listless speech: "This year, my country's fiscal deficit has reached a record 200 billion US dollars, and the exchange rate and foreign debt are rising steadily. I regret to say that I can't do anything about the Navy's requirement to increase its budget of 20 billion US dollars!"
A ray of anger burst out from the eyes of the admiral. In recent years, the navy has suffered the most serious losses and has faced the greatest challenges. Soviet aircraft carriers have become armies, and China has
The diving aircraft carrier galloped across the vast sea, and the allies were all impotent, relying on the United States to support it. In such a severe situation, how can we not increase investment? Before he could speak, the Air Force General rushed to speak: "What's going on? We have the most solid industrial foundation in the world, we have the most superior geographical advantages, and we have the most advanced industrial technology in the world. Why did the economy continue to decline instead of the decline?"
The Minister of Finance glanced at the old soldier who only knew how to fight, and said, "It takes a long time to explain this issue clearly. Let me tell you a long story short: First of all, our country has been fighting wars over the years, especially the ten-year Annan War. The military expenditure is 10 billion yuan, and no country can withstand such consumption; secondly, our traditional advantages in manufacturing have been taken away by Japan. They have processing technology that is no less than ours, and they also have low-cost advantages that no one can defeat. For example, cars of the same level, our cost is 25,000 US dollars, and they are less than 20,000, and we have to sell at least 50,000 to make money, and they can make a lot of profits by selling for 40,000 yuan. This is something our company cannot compete with. Again, it is the currency value issue......"
The Admiral interrupted: "Sir, please be honest, when will the funds for our Blue Plan be allocated?"
The Minister of Finance is probably a little embarrassed: "You ask me, who will I ask?"
Admiral is in flames: "You———"
The President interrupted at the right time: "Dear John, enough."
The Minister of Finance sat down and muttered weakly: "So many companies went bankrupt and those who were acquired were acquired. Our tax sources have been shrinking, and the savings rate has been decreasing. Everyone doesn't pay taxes or saves. Where can I find money?"
The President said with a confident smile: "Gentlemen, generals, I am not holding this meeting to complain to you. Now we have a chance to get out of the predicament, but it may require everyone's cooperation."
The generals were energetic and their eyes were lit. They had enough of the days of having no money. Everyone looked at the president with anticipation. After the end of the Belan War, when the president faced the life-and-death test of his political career, they gave him the greatest support, or now they could be rewarded.
The President pointed to the Director of the Federal Reserve: "Sir, tell me about the achievements of your work during this period."
The director held up his glasses and spoke slowly. The old man spoke clearly and did not carry too much personal emotions, but he hit the nail on the head and expressed his meaning very well, which grabbed everyone's attention from the beginning. He smiled calmly and said: "Some time ago, I and some friends held an informal secret meeting at the Plaza Hotel, and everyone discussed the current economic situation and what we encountered in depth.
Among the crises, there are financial speculators, bankers, billionaires, and all noble figures. They put forward a very interesting point of view: the era of manufacturing has ended. After more than two hundred years of development, our country has entered the post-manufacturing era. The various difficulties encountered by our enterprises seem to be accidental, but in fact they are in line with the trend of my country's economic development. Even without Japanese people, it will still happen, it depends on who gave us this blow. In the near future, virtual economy and energy will replace manufacturing and become the pillars of our country's economy. This trend is already very obvious. Economic transformation is imperative and no one can stop it."
The conference room was quiet, and the participants listened carefully regardless of whether they could understand it or not.
The Vice President interjected just right: "Indeed, many industries in our country have come to an end. In economic terms, it is the sunset industry. No matter how much it is supported, it cannot make the situation come true. However, emerging industries such as it, fiber optics, and biotechnology are booming and unstoppable... Yes, economic transformation is the general trend, and no one can violate the will of the market. But this requires extremely large capital investment. Where does the money come from? "
The director smiled confidently: "The wool comes from the sheep."
The Minister of Finance's eyes lit up: "You mean..."
The director said: "Yes, friends on Wall Street unanimously stated that this is Japan's second invasion of the United States, but it is just a replacement of bullets for yen. They are siegeing cities and lands all over the world. We must fight back - launch an over-limit war against Japan, defeat them, and use finance as a means to transform the huge wealth they have created in the 30 years since World War II into our wealth!"
Whether it is a general or an economic expert, he was shocked when he heard the word "financial over-limit war". Over-limit war can be understood as a war where both sides bet on everything and attack any soft threat without any restrictions until the opponent is completely defeated and destroyed. Such a war will never end. The ten-year guerrilla war between Annan and them can be regarded as over-limit war. They have experienced it. So, what is the concept of financial over-limit war?
"What is the 'financial over-limit warfare'? As the name suggests, it is a war that exceeds the traditional limit. With finance as a means, there is no war in which the enemy cannot be seen. You can spend a few seconds thinking: If you were an international banker and an international financial speculator, what strategy would you adopt to win this 'financial over-limit warfare'?
There are two principles for the limit warfare. One is combination, and when you punch, you don’t need a single punching path; the second is misalignment. If you hit my weakness, I hit your heart, and I hit you in other places, you can’t stand it.
How to combine it? Where is the heart of Japan? After thirty years of hard work, Japan's economy has developed to a complete liberalization, but in terms of finance, financial development has almost zero development. Japan's heart is finance. Since Japan's dwarf winter melon continues to hit our weaknesses——manufacturing, I can also hit his heart————financial. It will never turn over!
How to plunder Japan's current wealth through effective combinations? To plunder a country's wealth, it is nothing more than starting from three aspects: government, enterprises, and people.
You can think about what financial methods can plunder the wealth of the Japanese government, enterprises, and people. This is a combination strategy formulated by the US government, international financial speculators and asset wealth. The only and most practical way to plunder the wealth of the Japanese government, enterprises, and people into the United States is to achieve its goals through exchange rate weapons."
"As for how to crack down on their exchange rates, it is very simple, forcing them to appreciate. Gentlemen, don't underestimate these percentage points! What will happen after the appreciation of the yen? First, good and stable investment opportunities will appear in Japan. International bankers and international financial speculators on Wall Street have invested their huge amounts of money in Japan, such as Morgan Stanley and Solomon Brothers. These huge amounts of money are the "international hot money" we are familiar with. So which industries or departments do these international hot money flow to Japan? It is mainly concentrated in two, one is the real estate industry, and the second is the stock market. The result is that housing prices begin to rise and the stock market continues to rise.
At the same time, for Japan, an outward-oriented and manufacturing-oriented Japan, the appreciation of the yen means that Toyota, which used to be sold for only $40,000, is now sold for $80,000. No one should buy a $80,000 car. Consumers will buy GM, Ford, Chrysler's domestic cars. The overseas market of the Japanese manufacturing industry is indefinitely tending to zero because of the appreciation of the yen. This will hit Japan's manufacturing industry hard, and they will face the choice we need now: close down.
Or start to transform. For those small and medium-sized enterprises, the only way is to turn off the previous manufacturing industry and invest all the money that should have been invested in the manufacturing industry into the real estate market, because the real estate market and stock market were rising at that time (we have money to make money), and the real estate market and stock markets rose every day, and no one would be unhappy. The Japanese people began to take out their 30-year bank savings, went to speculate in real estate and stocks, and when the Japanese people withdraw money from banks, it was time for international financial speculators to prepare to withdraw their capital and return to China with full load of gold."
"Let me briefly talk about the whole process. If you are one of thousands of financial speculators and invest 100 million US dollars in the Japanese stock market after the Japanese stock market rose 70%, you sell all the stocks in your hands to those Japanese people who are holding the cash they just withdrawn from the bank and are about to buy stocks. In this process, you earned 70 million, and took the 170 million RMB to the Japanese bank to exchange it for US dollars. Since the exchange rate between the Japanese yen and the US dollar at this time went from the previous one dollar to 240 to the current one dollar to 120 US dollars, so the total amount of the final exchange is 3
40 million billion means you have a net 240 million in Japan!”
The net profit is as high as 240%!
Everyone's eyes suddenly turned green, like a group of hungry wolves. The Japanese delegation was so grand that they plundered their wealth, enough for everyone to chew dry food for a few years! By then, the aircraft carriers would be built as they liked and the laser cannons would be deployed as they liked, and there would be no need to worry about money anymore.
The president smiled and said, "Don't be too proud too early. There is a prerequisite for all this, that is, the yen must appreciate, and it will be a big appreciation. If the yen continues to maintain the current exchange rate, it will be nothing more than a bubble. We are joining forces with Britain, Germany, Gaul and other countries to put huge pressure on Japan to force them to appreciate. Considering the setbacks we suffered before, Japan may not surrender so easily, so we have to use some unconventional means." The eyes fell on the generals, "At that time, it will depend on the army."
The Secretary of Defense's eyes shone brightly: "What does the President hope the army will do?"
The president said: "I will communicate with China at that time, send an aircraft carrier formation to Japan, conduct military exercises to threaten Japan, and launch limited military strikes on Japan. I will not ask any questions. As long as I see the result, the yen will appreciate by 40% less!"
ps: This chapter quotes a lot of information, which is a bit suspicious of making up the number of words. Sorry, sorry, I know that I have no idea about these things, so I have to do this. I hope everyone understands it.
Chapter completed!