I’m sorry Buddha, I tripped over my lover

In fact, the Plaza Agreement is not only for small days, but also for Hans cats.

After all, in 85, the two countries with the largest trade deficit in beautiful countries were Xiaori and Hans Cat.

As in the case of the small days, after the signing of the Plaza Agreement, Mark also appreciated all the way.

But the Hans cat government resisted the pressure and took a series of macroeconomic measures to make the line of mark appreciation as smooth as possible.

It is worth mentioning that because Hans cat experienced the most terrible inflation in World War II, a loaf of bread sold for up to half a million marks, so a mustache rose up.

After World War II, the Hans Cat Central Bank has been committed to ensuring people’s livelihood, stable prices, and avoiding inflation.

In order to deleverage, the Hans Cat government strictly prohibits the flow of funds into the real estate market, and strictly controls land and property prices, and does not allow arbitrary price increases.

At the same time, the Hanscat government also implemented a series of policies to support the country’s manufacturing and industrial industries, which were depressed due to the appreciation of the mark.

On the other hand, after the Plaza Agreement, the small day was carried away by the appreciation of the yen, waving the yen to buy and buy everywhere.

They do not realize that their country’s most fundamental manufacturing and industry has long since become obsolete.

In the two or three years after the signing of the Plaza Agreement, Xiaori’s foreign trade has suffered a huge impact, from an annual growth of about 3 percent to an annual decline of 16.8 percent.

At that time, Xiao Ri was the world’s leading exporter of steel, semiconductors and automobiles, and foreign trade could not be sold, and Xiao Ri’s consortium naturally could not sit still.

At this time, the manufacturing giants of Xiao Ri looked at the mountains of goods piled up in the warehouse, and their hair was about to turn white.

You know, these goods are all produced from bank loans, and if they can’t be sold, the loan interest alone is enough to force most businesses to fail.

In order to promote internal consumption, the Ministry of Finance issued two policies, first, the central bank of Xiaori will reduce the deposit interest rate from 1.5% to 0.26%.

Second, it is necessary to start the printing press to issue additional yen currency.

After lowering the interest rate on bank deposits, the people in small days calculated that the interest placed on bank deposits was not as good as the inflation rate, and it was too inappropriate to save money.

After the issuance of additional currency, after there is more live money on the market, people naturally think about how to make their money more valuable.

At this time, people put their eyes on the stock market and the property market in small days.

The rich people in small days began to buy houses and speculate in stocks like crazy, and many big business groups also joined in.

The middle class saw that housing prices and stock prices were soaring, and hurriedly mortgaged real estate to join the army of house speculation.

In 1987, land prices in Tokyo rose by 23%, and in 1988, land prices in Tokyo rose by 65%, and then they soared out of control.

Chen Wenjun smiled at the phone and said, “Lafitte, are you interested in doing a big deal with me?” ”

Lafitte said excitedly: “Boss, you think that the property market and stock market will plummet in small days, right?” ”

Chen Wenjun said indifferently: “This is natural, last year I realized the deformity of the real estate industry today. ”

“You dare to believe it, Tokyo’s land is worth 20 trillion US dollars, and you can buy a beautiful country.”

“What a terrible outcome such a big housing bubble will be once it bursts.”

“The Kohi government is clearly aware of this problem, and immediately introduced two policies after the new governor of Kohi Central Bank, Mie Noyasu, took office last year.”

“The first is to raise the mortgage interest rate, and in just a few months, the central bank raised interest rates three times in a row, and the mortgage interest rate increased from 2.5% to 4%.”

“The second is to strictly supervise market funds and prohibit non-real estate industry funds from flowing into the real estate industry.”

“Lafitte, do you know what that means?”

Lafitte pondered for a moment and said, “Boss, isn’t this overkill. ”

“Although the central bank’s idea is good, the property market and stock market at this moment are like speeding cars, and if you force it to stop, it is likely that the car will be destroyed and killed.”

“The government should not be so reckless in Xiao Ri, after all, this is a trigger that affects the whole body.”

Chen Wenjun smiled and said: “Lafitte, this person is different from the previous central bank governors in Xiao Yi, and he doesn’t take the head seriously at all. ”

“How much money can we mobilize now?”

Lafitte pondered for a moment and said, “We have about four billion dollars in liquidity, and the rest is invested in stocks. ”

After thinking for a while, Chen Wenjun said: “You immediately contact Jamie, the president of Morgan, and tell him that I have a big business to talk to him.” ”

“I want to borrow half of my shares as collateral to Morgan and invest all these loans in a highly leveraged situation, and I want to short the entire Japanese housing and stock market.”

Lafitte only felt a burst of enthusiasm after hearing this, you know, now Chen Wenjun’s company shares are worth tens of billions of dollars, even if half of the shares are mortgaged, it is an astronomical amount.

“BOSS, such a huge amount of money, I estimate that even Morgan Bank can provide you with ten times the leverage at most.”

“No matter how high it is, even JPMorgan Bank can’t bear it.”

“And if such a huge amount of money is really invested in the Xiaori stock market and the property market, I am afraid that it will soon cause the supervision of the Xiaori government.”

Chen Wenjun said disapprovingly: “Therefore, we must cooperate with JPMorgan Bank to put a perfect coat on this fund.” ”

“According to the trade rules between the United States and Japan, the market of Xiaori is unconditionally open to the capital of beautiful countries.”

“So, they can only watch and do nothing.”

The bubble in the real estate market burst in a small day, how could Chen Wenjun let go of such a good opportunity.

If it is to harvest the capital of the beautiful country and it is easy to ignite the fire, then the harvesting day is no pressure for Chen Wenjun.

Just play with Morgan Bank yourself, eat meat yourself, and let Morgan Bank drink soup.

Then even if you want to find a back account in the future, with Morgan Bank in front, Chen Wenjun can sit back and relax.

As for the fact that investing too much money will affect the bursting of the property bubble in Xiao Xiao, Chen Wenjun is even less worried.

New Year’s Day and beyond, read books and relax! Charge 100 and get 500 VIP bonds!

immediately preemptive (Event Period: December 31st to January 2nd)