giants of the era
Chapter 291 The Plaza Accord
Chapter 291 The Plaza Accord
Li Zetian attached great importance to the "Great Development of Saigon". After the banquet, he ordered companies such as Hutchison Whampoa, China Land, Hongkong Electric, Hongkong Telephone and other companies to vigorously support the project.Moreover, this is a big money-making opportunity that should not be missed.With one after another high-tech companies and factories set up in Saigon, the Saigon area is changing with each passing day, becoming more and more prosperous and full of commercial value. Countless companies are eyeing the "Saigon Development".
Li Zetian naturally wants to get a share of it.
22 Barker Road.
"One month after the official bidding for the project, I have asked someone to take charge of it. Jingqiu and I are going to return to the United States tomorrow!" Li Zetian said to his parents, "If you count the time, we have been in Hong Kong for more than a month."
The two elders nodded.
The next morning, Li Zetian and Yu Jingqiu flew back to the United States with their children.
There are many things in the United States that need to be dealt with by Li Zetian, while Yu Jingqiu is busy with charity work, in charge of the LY Foundation and the LY Nature Conservancy, and wins over people's hearts through charitable means.In the future, if Yu Jingqiu runs for the president of the United States, it may not be impossible to succeed.
The Li family should not only make achievements in business, but also achieve outstanding achievements in politics.
Even if no one becomes the president of the United States in this generation, in the second or third generation, a president must be cultivated with huge funds and influence.
Since ancient times, politics and business have not been separated.
Without political power to guarantee it, no matter how much wealth there is, it will be a castle in the air.
However, Li Zetian did not force Yu Jingqiu to run for the President of the United States.
Yu Jingqiu herself likes charity very much and is keen on charity. Through doing charity, she reflects her own value and only wins people's love and respect by the way.
A woman is not only able to take care of her husband and raise her children at home, she can have her own career, not losing to a man.
……
……
The summer in September is sunny.
After getting up in the morning, Li Zetian faced the morning glow and exercised boxing on the balcony.
Yu Jingqiu looked at him with a smile, and after he finished exercising, she brought a white dry towel over and wiped off his sweat very thoughtfully.
"Honey, breakfast is ready!"
"Ah."
Li Zetian kissed Yu Jingqiu on the forehead and said with a smile: "Today, the finance ministers and central bank governors of the United States, Japan, Federal Republic of Germany, France, and the United Kingdom held a meeting at the Plaza Hotel in New York. It seems that the Plaza Agreement will be signed soon." It is an agreement that the five countries jointly intervene in the foreign exchange market to induce an orderly depreciation of the exchange rate of the US dollar against major currencies in order to solve the problem of the huge US trade deficit.”
"Honey, things are really as you expected!" Yu Jingqiu said, with a look of surprise on her face.
As early as the beginning of this year, Li Zetian judged that the United States would actively intervene in the foreign exchange market to devalue the dollar in order to save the increasingly depressed American manufacturing industry.
Li Zetian smiled and said, "Of course, you don't even know who your husband is!"
"Okay, okay, you're good!" Seeing Li Zetian's stinking look, Yu Jingqiu couldn't help but give him a blank look, but she was still very proud of it in her heart.
After a pause, Yu Jingqiu asked, "Dongfang Yuqin is still investing in real estate in Japan?"
Li Zetian nodded: "Yes, 220 billion US dollars is not a small amount after all, but it is almost completed. She will come back soon."
When the two came to the restaurant, Youran and William were already sitting at the dining table under the care of the servants. However, the two of them were not honest at all and were playing around at the dining table.When I saw Li Zetian and Yu Jingqiu coming, I became more honest.
After breakfast, Li Zetian thought about it, called Tian Shuai, Zhang Han and others, and suggested that if they had extra funds, they might as well invest in Japanese real estate.Whether they listened or not was none of his business.
Tian Shuai and Zhang Han trusted Li Zetian very much, and with Li Zetian's explanation, they both realized that the dollar was about to depreciate sharply.So they all followed Li Zetian's suggestion and invested their funds in the Japanese real estate industry.
On September 9, the Plaza Accord was signed.
The main content of the Plaza Accord was to depreciate the U.S. dollar. As soon as the news came out, the world was shocked, and investors frantically sold U.S. dollars, resulting in a serious depreciation of the U.S. dollar.
It's no wonder, though, that investors are selling dollars, as they all know that the longer you hold on to your dollar, the more it loses value.
In less than a month, the dollar fell by 10%.
What used to be $100 is now only worth $90.However, this is only the beginning.
Tian Shuai, Zhang Han and the others couldn't help feeling extremely astonished.
When the two were working in the company, Zhang Hao said with a smile: "Tian Shuai, this time is thanks to Chronos Li. I didn't expect the dollar to depreciate so much all of a sudden. Fortunately, we invested all our funds in Japanese real estate."
Tian Shuai nodded and said: "Chronos Li also has a lot of contacts in the US government, and he knows a lot of inside information, such as the Plaza Accord. He may have known it in advance, so he told us to invest in Japanese real estate. In recent years, the Japanese economy has developed rapidly. , Real estate is booming. Our investment is skyrocketing every day, and we will definitely make a lot of money if we sell real estate in the future, and because of the depreciation of the dollar and the appreciation of the yen, it is equivalent to speculation in foreign exchange.”
"I asked Mr. Li out for a drink someday, and thanked him." Zhang Han said.
"En!" Tian Shuai nodded.
……
At the end of October, Dongfang Yuqin came back. She was a little thin, probably because she was tired from being in Japan.
"Mr. Li, fortunately, $220 billion has been invested in real estate, and it has not attracted people's attention. In addition, the location and house I have chosen have great potential for appreciation!"
"Dongfang Yuqin, thank you for your hard work!"
"I don't work hard for you, Mr. Li. Besides, out of the 220 billion US dollars in investment, 20 billion US dollars belong to me. I'm actually working for myself." Dongfang Yuqin smiled.
Li Zetian nodded at her and said, "Okay, you can rest at home for a week first, and don't rush to work."
"Well, thank you, Mr. Li."
Dongfang Yuqin lives in Li Zetian's house due to work needs.However, Li Zetian gave her a long vacation, and she went to New York to live with her mother.
Li Zetian watched Dongfang Yuqin leave quietly, thinking in her heart that Dongfang Yuqin was already very rich, and after this investment, her wealth would definitely double several times.
At this time, Li Zetian couldn't help laughing bitterly: "Who will believe that a billionaire with billions of dollars acts as his personal secretary?"
Ugh!
Li Zetian shook his head.
The next morning, Zhang Han suddenly called to invite Li Zetian to drink. At the same time, he briefly reported the company's situation, saying that the Modem (modem) had been developed.
Li Zetian was overjoyed when he heard the words, and immediately went to Yinhe Network Company.
With a modem, you can access the Internet over a telephone line.
(End of this chapter)
Li Zetian attached great importance to the "Great Development of Saigon". After the banquet, he ordered companies such as Hutchison Whampoa, China Land, Hongkong Electric, Hongkong Telephone and other companies to vigorously support the project.Moreover, this is a big money-making opportunity that should not be missed.With one after another high-tech companies and factories set up in Saigon, the Saigon area is changing with each passing day, becoming more and more prosperous and full of commercial value. Countless companies are eyeing the "Saigon Development".
Li Zetian naturally wants to get a share of it.
22 Barker Road.
"One month after the official bidding for the project, I have asked someone to take charge of it. Jingqiu and I are going to return to the United States tomorrow!" Li Zetian said to his parents, "If you count the time, we have been in Hong Kong for more than a month."
The two elders nodded.
The next morning, Li Zetian and Yu Jingqiu flew back to the United States with their children.
There are many things in the United States that need to be dealt with by Li Zetian, while Yu Jingqiu is busy with charity work, in charge of the LY Foundation and the LY Nature Conservancy, and wins over people's hearts through charitable means.In the future, if Yu Jingqiu runs for the president of the United States, it may not be impossible to succeed.
The Li family should not only make achievements in business, but also achieve outstanding achievements in politics.
Even if no one becomes the president of the United States in this generation, in the second or third generation, a president must be cultivated with huge funds and influence.
Since ancient times, politics and business have not been separated.
Without political power to guarantee it, no matter how much wealth there is, it will be a castle in the air.
However, Li Zetian did not force Yu Jingqiu to run for the President of the United States.
Yu Jingqiu herself likes charity very much and is keen on charity. Through doing charity, she reflects her own value and only wins people's love and respect by the way.
A woman is not only able to take care of her husband and raise her children at home, she can have her own career, not losing to a man.
……
……
The summer in September is sunny.
After getting up in the morning, Li Zetian faced the morning glow and exercised boxing on the balcony.
Yu Jingqiu looked at him with a smile, and after he finished exercising, she brought a white dry towel over and wiped off his sweat very thoughtfully.
"Honey, breakfast is ready!"
"Ah."
Li Zetian kissed Yu Jingqiu on the forehead and said with a smile: "Today, the finance ministers and central bank governors of the United States, Japan, Federal Republic of Germany, France, and the United Kingdom held a meeting at the Plaza Hotel in New York. It seems that the Plaza Agreement will be signed soon." It is an agreement that the five countries jointly intervene in the foreign exchange market to induce an orderly depreciation of the exchange rate of the US dollar against major currencies in order to solve the problem of the huge US trade deficit.”
"Honey, things are really as you expected!" Yu Jingqiu said, with a look of surprise on her face.
As early as the beginning of this year, Li Zetian judged that the United States would actively intervene in the foreign exchange market to devalue the dollar in order to save the increasingly depressed American manufacturing industry.
Li Zetian smiled and said, "Of course, you don't even know who your husband is!"
"Okay, okay, you're good!" Seeing Li Zetian's stinking look, Yu Jingqiu couldn't help but give him a blank look, but she was still very proud of it in her heart.
After a pause, Yu Jingqiu asked, "Dongfang Yuqin is still investing in real estate in Japan?"
Li Zetian nodded: "Yes, 220 billion US dollars is not a small amount after all, but it is almost completed. She will come back soon."
When the two came to the restaurant, Youran and William were already sitting at the dining table under the care of the servants. However, the two of them were not honest at all and were playing around at the dining table.When I saw Li Zetian and Yu Jingqiu coming, I became more honest.
After breakfast, Li Zetian thought about it, called Tian Shuai, Zhang Han and others, and suggested that if they had extra funds, they might as well invest in Japanese real estate.Whether they listened or not was none of his business.
Tian Shuai and Zhang Han trusted Li Zetian very much, and with Li Zetian's explanation, they both realized that the dollar was about to depreciate sharply.So they all followed Li Zetian's suggestion and invested their funds in the Japanese real estate industry.
On September 9, the Plaza Accord was signed.
The main content of the Plaza Accord was to depreciate the U.S. dollar. As soon as the news came out, the world was shocked, and investors frantically sold U.S. dollars, resulting in a serious depreciation of the U.S. dollar.
It's no wonder, though, that investors are selling dollars, as they all know that the longer you hold on to your dollar, the more it loses value.
In less than a month, the dollar fell by 10%.
What used to be $100 is now only worth $90.However, this is only the beginning.
Tian Shuai, Zhang Han and the others couldn't help feeling extremely astonished.
When the two were working in the company, Zhang Hao said with a smile: "Tian Shuai, this time is thanks to Chronos Li. I didn't expect the dollar to depreciate so much all of a sudden. Fortunately, we invested all our funds in Japanese real estate."
Tian Shuai nodded and said: "Chronos Li also has a lot of contacts in the US government, and he knows a lot of inside information, such as the Plaza Accord. He may have known it in advance, so he told us to invest in Japanese real estate. In recent years, the Japanese economy has developed rapidly. , Real estate is booming. Our investment is skyrocketing every day, and we will definitely make a lot of money if we sell real estate in the future, and because of the depreciation of the dollar and the appreciation of the yen, it is equivalent to speculation in foreign exchange.”
"I asked Mr. Li out for a drink someday, and thanked him." Zhang Han said.
"En!" Tian Shuai nodded.
……
At the end of October, Dongfang Yuqin came back. She was a little thin, probably because she was tired from being in Japan.
"Mr. Li, fortunately, $220 billion has been invested in real estate, and it has not attracted people's attention. In addition, the location and house I have chosen have great potential for appreciation!"
"Dongfang Yuqin, thank you for your hard work!"
"I don't work hard for you, Mr. Li. Besides, out of the 220 billion US dollars in investment, 20 billion US dollars belong to me. I'm actually working for myself." Dongfang Yuqin smiled.
Li Zetian nodded at her and said, "Okay, you can rest at home for a week first, and don't rush to work."
"Well, thank you, Mr. Li."
Dongfang Yuqin lives in Li Zetian's house due to work needs.However, Li Zetian gave her a long vacation, and she went to New York to live with her mother.
Li Zetian watched Dongfang Yuqin leave quietly, thinking in her heart that Dongfang Yuqin was already very rich, and after this investment, her wealth would definitely double several times.
At this time, Li Zetian couldn't help laughing bitterly: "Who will believe that a billionaire with billions of dollars acts as his personal secretary?"
Ugh!
Li Zetian shook his head.
The next morning, Zhang Han suddenly called to invite Li Zetian to drink. At the same time, he briefly reported the company's situation, saying that the Modem (modem) had been developed.
Li Zetian was overjoyed when he heard the words, and immediately went to Yinhe Network Company.
With a modem, you can access the Internet over a telephone line.
(End of this chapter)
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