Chapter 184: Financial Strangulation

However, this is a veritable currency war.

On the surface, the depreciation of the US dollar is to revitalize the manufacturing industry of the United States, save the passive position of trade, and ease the dual pressure of economy and finance.

The appreciation of the Yuan can increase the national wealth of the company and strengthen its overseas investment ability, which will help it complete a feat similar to that of Britain in the Age of Discovery, layout the world, economic colonization, and expand overseas assets.

But they ignore one of the most cunning existences, Wall Street.

It is also difficult to say whether there is any involvement of the US government.

But the actual situation is that before the Plaza Accord was signed, Wall Street's capital predators, international investors, had already begun to brew a financial strangulation against the capital.

After the signing of the Plaza Agreement, Yue Yuan began to make great progress all the way, and in a few months, it rose from 250 to 1, to 150 to 1, and finally to 80 to 1, a threefold increase.

Ben was dumbfounded.

Because of the original estimate, the acceptable range is 20% of the value of the yuan.

As a result, it has tripled.

The appreciation of up to three times has dealt a devastating blow to the export enterprises of the capital.

In just a few months, the global trade network collapsed one after another, and the advantage was lost.

What we expected was that exports would be affected, but we didn't expect such a serious blow.

A large number of export-oriented enterprises have gone bankrupt and closed.

There are pros and cons, but what about the advantages?

His purchasing power has indeed increased, and his import advantage has increased.

There is another aspect, the domestic financial market, the stock market, and the property market are all hot.

Because knowing that the yuan will appreciate and the dollar will depreciate, fools know what to do.

Wall Street's capital began to pour into the capital, while selling dollars, while frantically buying the yuan, the market could not stop the car at all, which is also one of the reasons for the uncontrolled rise of the yuan, but more or more premeditated promotion, the more and more capital gathered, the stock market began to be crazy bullish.

In five years, the stock index rose to an incredible 39,000 points after 0 points.

It is said that the people of this country have high wages and a lot of deposits, and the financial market is already very vigorous, and almost all the people speculate in stocks and foreign exchange, and the excess money will be put into the stock market and the securities market.

Everybody's making crazy money.

What about the real estate market?

Wildly hyped by Wall Street and real estate developers, housing prices have risen more than 100 times in five years.

This is my most glorious 5 years.

It's too easy to make money.

Converted into RMB, his per capita income is already high, and in 85 years, it has reached a peak, and he can reach the level of 500,000 yuan per year.

For living expenses, you can live well with 50,000 yuan.

The remaining 450,000 will be invested in the stock market, and it is likely to become 2 million in a year.

If you buy a house again, you will be able to sell it for tens of millions in two or three years.

This is the concept of converting to RMB.

In 1990, in Tokyo, a house was worth billions.

At its peak, houses in Tokyo were sold for 10 million yuan per square meter.

It is equivalent to 600,000 square meters.

It is 100 times the house price in the United States.

At that time, if you sold a Tokyo house at the price of the land in the capital, you could buy a house in the whole of the United States.

During this period, the standard of living has reached an unprecedented level, swelled to the point of no boundary, and when I look back, I find that the real estate in the United States is so cheap that it is simply scum.

Start buying like crazy.

At its peak, more than 90 percent of the real estate in Los Angeles was purchased by the person.

Later, what was even more powerful was that the national symbol of the United States, the Rockefeller Center in Manhattan, New York, was purchased by Mitsubishi for $1.4 billion.

Sony, $3.4 billion, bought Hollywood's Columbia.

There is also the Empire State Building, which is also said to have been purchased by myself.

The housing bubble economy is at its peak.

Until this time, no one had believed that the real estate market would collapse.

Don't believe the stock will crash.

As everyone knows, the stock market during this period has been eroded by Wall Street capital for as long as 5 years.

The capital that flowed into the United States and the capital used to buy real estate all flowed back into the stock market and the real estate market.

You can take a salary at any time.

It is said that the stock market and real estate will collapse sooner or later.

But the people of the United States are still unwilling, and they play very thoroughly.

Wall Street giant, wolf.

Carrying another big killer weapon, stock index futures, came to the market and frantically peddled it to Yue himself.

To put it simply, it is a VAM agreement.

I don't bet on a particular stock, I bet on your stock index.

Buy up or buy down.

Just like the method of shorting the ruble, the cunning and greedy Wall Street capital predators, it is difficult for ordinary people to imagine that it can often take more than several years for a wave of harvesting, slowly eroding, slowly penetrating, once launched, it is a landslide and tsunami, and you can't resist the power of the whole country.

Because other people's layout time is far more than you think.

Until this time, I didn't believe that the stock market would fall.

At this time, I thought that my economy had surpassed that of the United States in essence.

Still buying up.

Relying on stock index futures, not only the stock market, the real estate market, capitalists, but also the deposits of ordinary people have been looted like never before.

The wealth accumulated over decades was looted.

In the well-planned financial trap, the side seems to be powerless.

Completely drained.

The stock market crashed, the real estate bubble burst, and this financial strangulation plundered tens of trillions of dollars of wealth.

The economic results of ten years of hard work are all over.

The bankruptcy of bankruptcy, the jumping of buildings, the money in the stock market is gone, the stock index futures have also lost money, housing prices have fallen to the bottom, and it is all over.

The social order has also been affected.

Thousands of businesses have gone out of business.

It is called the Lost Decade.

Although life is still going on, the book is still strong, still very rich, for the common people, the deposits in the bank and the stock market are gone, all are taken away, the export strategy, and the manufacturing advantage is lost, and the ability to challenge the hegemony of the United States is forever lost.

In terms of electronic products, in the seventies and eighties, there were many international brands like Sony, Panasonic, Toshiba, etc., and their products were dumped all over the world.

North America, Southeast Asia, Europe, Asia, everywhere is called this brand.

After the economic crisis, only a few large enterprises with core technologies survived, that is, multinational giants such as Toshiba, Panasonic, and Sony.

All the others have withdrawn from the stage of history.

In the past, the clothing, toys, and plastic industries used products, including cosmetics, occupied almost half of the Chinese market.

It is also marketed in Europe and Southeast Asia, and it is all high-end brands.

After this crisis, it has largely disappeared.

And what about the United States?

Although it survived the dollar crisis, it also successfully looted the capital finance.

The strategic purpose of killing three birds with one stone has perfectly achieved two.

Only one did not reach it.

Attempts to revive his export industry, basic manufacturing, at the expense of the depreciation of the dollar, did not reach.

Because he is doing things everywhere, this side is not over, and he is stuck in the quagmire of the Iraq war.

He went to war in the Middle East again.

And where has the international manufacturing industry transformed?

Moved to China.

In the past, the manufacturing was completely replaced by Chinese manufacturing.

And the future development was beyond the expectations of the United States.

No matter which aspect of the United States sets up a set and a set, there is no time that it can please you.

Coercion and inducement are all denied.

Trade frictions, economic sanctions, you name it.

Financial turmoil, stock index futures, welcome to engage.

During the Asian financial crisis in 98, he also rescued Hong Kong.

In fact, the rise of a great power also has a certain amount of credit.

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