Rebirth Enchanted Xiangjiang

When time entered 80 years later, the fiscal deficit of the world's largest economy, the United States, increased sharply, and its foreign trade deficit increased substantially.

In 1979 and 1980, the world's second oil crisis broke out.The second oil crisis led to a sharp rise in U.S. energy prices, and the U.S. consumer price index rose accordingly. The U.S. experienced severe inflation with an inflation rate exceeding double digits.For example, in the early 1980s, when you deposit money in a bank, the actual rate of return by the end of the year was negative 12.4%.

In order to control inflation, the U.S. government introduced international capital to develop the economy by raising the domestic basic interest rate. As a result, it attracted a large amount of foreign capital. The large inflow of foreign capital made the U.S. dollar continue to appreciate. From the end of 1979 to the end of 1984, the U.S. dollar exchange rate With an increase of nearly 60%, the competitiveness of U.S. exports has declined, and the crisis of foreign trade deficit has expanded.

Last year, in 1984, the US foreign trade deficit reached a staggering 160 billion US dollars, accounting for 3.6% of the US GDP last year, followed by the emergence of the government budget deficit.

Under the shadow of the double deficit, the United States hopes to increase the export competitiveness of products through the depreciation of the dollar, so as to improve the imbalance of the US balance of payments.

At the same time, Japan has stood up from the economic ruins after World War II. It started from imitating Western product design after the war, to rapidly reducing production costs, and finally occupied the European and American markets, whether it is the quality of economic growth, industry The export competitiveness of products, the speed and scale of wealth accumulation have all made international bankers start to panic.

How frightening this speed is. In just 40 years, it took 40 years to develop from a ruin. Japan's GDP has reached half of that of the United States.

In this year, 1985, Japan replaced the United States as the world's largest creditor nation, and Japan-made products flooded the world.The crazy expansion of Japanese capital made the Americans exclaimed, "Japan will peacefully occupy the United States!"

Japan’s economic development is booming, but the yen is not worth the money. This is not good for Japan, which wants to expand overseas markets on a larger scale.

Then the U.S. wanted to depreciate the U.S. dollar, and Japan wanted the yen to appreciate. The two sides hit it off.

Many people say that the United States wants to devalue the U.S. dollar, so U.S. Secretary of the Treasury James Baker approached Japan, Germany, France, and the United Kingdom, hoping that the governments of the five countries would jointly intervene in the foreign exchange market to make the U.S. dollar downgrade against major currencies in an orderly manner. The United States has a huge trade deficit.

It was also said that it was not Baker who initiated the joint intervention of the five governments in the foreign exchange market, but the Minister of Finance of Japan (Minister of Finance) Takeshita Takeshita at this time.

But no matter who proposed it, in short, in such a background, the finance ministers of the five most economically strong developed countries and the governors of the central banks of the five countries held a meeting at the Plaza Hotel in New York to reach a joint intervention by the governments of the five countries in the foreign exchange market. The agreement signed by the New York Plaza is called the Plaza Agreement.

Then, the U.S. dollar depreciated as expected, and the Japanese yen appreciated as expected.

Qiao Feng understands this history, and also knows the huge impact of the Plaza Accord and the huge wealth opportunities, so he mobilized all the money he can use to repay the loan of 200 million US dollars in exchange for Japanese yen to invest in Japan market.

On September 22, just a few days after Qiao Feng used nearly a month to convert all one billion U.S. dollars into Japanese yen in batches, the Plaza Agreement was signed at the Plaza in New York as scheduled.

And just after the agreement was signed, the U.S. dollar depreciated and the yen appreciated.

Only ten days after the agreement was signed, the U.S. dollar had depreciated by 10%. When Qiao Feng converted the U.S. dollar to Japanese yen, the yen exchange rate was still at 1 U.S. dollar to 250 yen. Only ten days after the agreement was signed, The exchange rate of the yen to the U.S. dollar has reached 1 U.S. dollar to 225 yen.

Intuitively speaking, Qiao Feng’s billion U.S. dollars has appreciated by 10% in just ten days after being exchanged for Japanese yen.

However, it is impossible for Qiao Feng to change the yen into US dollars at this time, because he knows that there is still a lot of room for the appreciation of the yen, and it has been rising sharply for the next few years. The exchange rate will rise from 250 to 1 and finally rise to the highest 120 to 1, which means that the appreciation is more than doubled.

This is also the reason why Qiao Feng thought that he would put the 900 million U.S. dollars in Japanese yen in his account and do nothing at the end to rise to 1.8 billion U.S. dollars or more.

However, Qiao Feng is destined to retain this idea only for a short period of time, because if the Plaza Agreement simply caused the depreciation and appreciation of the U.S. dollar and the yen, it would not have such a large impact on the original time and space. This is the saying of this lost decade.

Qiao Feng knew that after the signing of the Plaza Agreement, the yen appreciated sharply. Later, he had nowhere to spend his money. A large amount of money flowed into the stock market and real estate. As a result, the house price of Japan could double in two years, and even later he said. It is arrogant to say that just selling the land in Tokyo for money can buy the entire United States.

At that time, Japan was indeed rich. Rockefeller Plaza was bought, and Hawaii was almost all bought. But then it was the turning point of Japan’s economy. After that, the Japanese real estate bubble was burst and I just bought it. The Rockefeller Plaza, Hawaii and other assets in my hand were all forced to spit out, or at a price that was less than half the purchase price to vomit blood.

At this time in 1985, Qiao Feng was very satisfied thinking that he could seize the opportunity to make twice the money, but when next year, when Japan’s real estate skyrocketed next year, Qiao Feng would definitely not think like he does now. Grab a big cake in this real estate.

However, now Qiao Feng has made 100 million U.S. dollars in ten days has made him very happy. He also knows that it will take several years for the appreciation of the yen to reach its peak. During this period, he does not need to pay too much attention. Attention has returned to the main business again.

In Jiahe on August 10th, the migrant emperor of Longteng's two mainstream cinemas has been drawing for many days after it was released.

This movie was released for half a month longer than the original time and space, and there was another movie that was shown on the theater line. The box office was also very worthy of its screening scale and time. It received a total of more than 27 million in the box office, which is more than the original time. Ten million.

The emperor than the working emperor will be screened for five days in the evening, the same two-line screening, the same month's release time, and a star lineup with more box office appeal than the original time and space. The box office is also satisfactory. The 7 million box office almost broke the Hong Kong film's highest box office record of more than 38 million created by the hero.

When the working emperor was painting under the lucky star of summer, the beautiful lady in North America was screened in North America for more than three months, and the dragon brother and the mouse brother also ended the screening.