The rise of a great power: starting with military industry

Chapter 446 Plaza Accord (asking for monthly ticket)

On the one hand, the US dollar continues to depreciate and wealth continues to shrink.

On the one hand, under pressure from the Americans, they cannot move it, and they dare not move it.

The Japanese government is caught in a dilemma and is in great torment.

Regarding the signing of the Plaza Accord, Japan signed it without much resistance, but in fact it had its own ulterior motives.

From Japan's perspective, although it will cause damage to Japan's exports, it is not necessarily a bad thing as long as it is within a controllable range.

After the first oil crisis and the second oil crisis, oil prices were high. Oil was settled in US dollars, and the appreciation of the yen was of great benefit for purchasing oil.

But now it's only the first day, and the appreciation of the yen is so great that even the Japanese government is frightened.

The US government was also equally afraid. To be honest, it did not expect that the dollar would depreciate so much once the Plaza Accord was signed.

The decline is too fast. If not handled properly, it will inevitably cause panic among the people.

Liu Tao felt a little regretful. He was too conservative before. He placed his bets on two hands, one on Japan and the other on West Germany, thinking that he had a sure win.

After all, the Plaza Accord had the greatest impact on two places: Japan and West Germany!

As a result, the Japanese yen appreciated the most, far greater than the German mark.

When Liu Tao left Hong Kong, the USD/JPY exchange rate had fallen to 1:180 in just a few days.

When he first started trading, the USD/JPY exchange rate was 1:258.

In other words, I earned 78!

You have to know that he added ten times the leverage, which means 780!

50 billion U.S. dollars entering the foreign exchange market with a 10x leverage is equivalent to 500 billion U.S. dollars, which is used to buy Japanese yen on a global scale. The U.S. dollar depreciates by 30.24% against the Japanese yen, and theoretically a gross profit of 151.2 billion U.S. dollars can be earned.

And this is just one week of plunge!

Liu Tao was not greedy and chose to put the money in his pocket.

Although it took a long time, in just one week, they earned $190 billion from Japan and West Germany, which is already terrifying.

Naturally, this money must be put into pocket safely.

A small portion of the money remains in Japan, part of which is used to continue shorting the exchange rate, and part of which is used in Japan's real estate and stock markets.

The money for this part is 10 billion US dollars.

As for the other $180 billion, it was all put into pockets.

However, this is not a one-time thing. It has to be dispersed through thousands of accounts and eventually enter various banks in Hong Kong, as well as Swiss banks and American banks.

With such a large sum of money, there are many things that can be done.

The global navigation system has funding, the launch vehicle has sufficient funding, and the "Beijing-Shanghai Railway" also has sufficient funding.

180 billion US dollars, according to the current exchange rate announced by the People's Bank of China, 1 US dollar = 3.20 RMB, which is 576 billion RMB!

According to the settlement between Panshan Group and the bank, 1 US dollar = 4.813 RMB, and 180 billion US dollars is 866.34 billion RMB.

In addition, there was the previous temple treasure, which, after a year of processing, brought a total of 60 billion US dollars. To be honest, he still underestimated the attraction of those religious relics and ancient Indian gold and silver coins.

It was disposed of in just one year, and at a higher price than the previous valuation.

Liu Tao was somewhat fortunate that he did not melt the gold coins, gold statues, gold Buddhas and the like directly, otherwise he would probably only get three to four billion US dollars in the end.

This huge fortune can be said to have saved at least several years. After all, $190 billion is pure profit!
Japan, Tokyo.

Takeshita Noboru, who had just returned to China, had a gloomy look on his face.

He was drinking sake, but he felt depressed and his face was gloomy.

Facing the United States, France, Britain and others, Japan knew that it had no choice but to sign the Plaza Accord.

Firstly, these developed countries are Japan's most important markets. If Japan does not sign the agreement and others retaliate, it will lose these markets and suffer a miserable death.

Secondly, the pressure exerted by the United States was too great, and it even threatened to move US military bases in Japan. The implication was self-evident. Back then, five-star General MacArthur was very powerful in Japan and was known as the Japanese Emperor. Even after only 30 years, Japan still remembers it clearly.

The arm cannot bend the thigh, and the effect of force is sometimes very great.

If you don't agree, they will throw punches. So you have to agree, you can't refuse.

Thirdly, experts from the Japanese government have conducted detailed research and believe that although Japan's orderly appreciation will have some impact on Japan's exports, it will be beneficial for Japan to purchase imported oil. Japan is an oil-poor country and has to rely on imports for oil, which is settled in US dollars. The appreciation of the yen is beneficial to oil imports, thereby reducing production costs. The impact of this increase and decrease on Japan is minimal.

In addition, the appreciation of the Japanese yen will be beneficial to Japanese companies' overseas investment. They can acquire high-quality assets in the United States, China and other places, or invest in building factories.

The Japanese yen is an international currency!

But the orderly appreciation turned into a surge!

This appreciation rate is so shocking!

Finance Minister Noboru Takeshita has been subject to much criticism.

He already knew that if he didn't handle the matter well, committing suicide by seppuku would be his best outcome.

If he doesn't commit suicide by seppuku to apologize, and he doesn't want to be honorable, someone will help him to be honorable, and he will be forced to commit suicide by seppuku to apologize.

"Baka!" After drinking a few glasses of sake, Takeshita Noboru suddenly became furious and overturned the small table.

He just didn't understand why the appreciation of the Japanese yen was so terrifying!
He knew that he had been cheated by them, but the appreciation was really terrifying.

Far exceeds the appreciation of the German Mark!
Could it be that Japan is really too powerful, its economy is too developed, its industry is too strong, and the whole world is optimistic about Japan! ?

Takeshita Noboru didn't believe it at all!
The only thing he could think of was that Wall Street in the United States was frantically shorting the Japanese yen!

This is why the Japanese yen has appreciated so wildly!
"We must find a way!" Takeshita Noboru pounded his fist hard on the wall. The pain stimulated his nerves and made him calm down.

He doesn't want to die!

He still wants to live!

If he doesn't want to die, he has to deal with this matter.

"The yen has appreciated and industrial exports have become uncompetitive, so we should dig deeper into our domestic market and increase sales in the local market, while at the same time investing in and building factories in China!" Takeshita Noboru gradually calmed down. Such a sharp appreciation of the yen meant that many Japanese industrial products had lost their competitiveness.

For example, shipyards. Such a sharp appreciation is enough to squeeze out all the profits of Japan's shipbuilding industry, leaving most shipyards with no profit, or even losing money on every ship they build!
Except for a few high value-added ships, which can still make a small profit, shipbuilding of other ships will incur losses.

For example, some low-end industrial products will also lose their competitiveness, and these factories cannot be located in Japan. If they want to continue making money, they have to invest and build factories in developing countries.

Among them, China, which is close to Japan, is undoubtedly the best choice.

If it were in the past, Takeshita Noboru would not even dare to think about it, but in recent years, the relationship between China and Japan has been rapidly warming up.

This presented an opportunity for Japan.

(End of this chapter)