Chapter 233: One Thought of Heaven, One Thought of Hell!
Why Zhang Xingxing is ready to seize the pulse of the times in the future to speculate on the stock market, industry, mainly to achieve value investment, to get more wealth, this is true, but he has other thoughts.
In the future, Zhang Xingxing speculated in foreign exchange, and such speculation should be hidden in his story.
Because Zhang Xingxing doesn't want to be described as "Soros", he wants to be Bill Gates, who wants to create a high-end enterprise with a market value of hundreds of billions of trillions, or stir up the stock market, because of the discerning Buffett, they get rich and famous, not like Soros with the name of "Demon King".
Money and reputation, how good is that.
As for some people who only need money, and some people who only need fame, Zhang Xingxing feels that their mentality is too extreme, they have wealth and reputation, how good is this, Zhang Xingxing has a big heart in this life, anyway, he feels that he can't be less!
After receiving Zhang Xingxing's order, Sano ordered the traders to open positions.
Dozens of traders immediately crackled on the computer.
Director Sano has been operating these days while thinking about the reverse of the boss's operation this time.
The boss said that there is a saying in Huaxia that is too much, and this sentence seems to him to be more flavorful the more you taste. ”
The strength of the US dollar over the years, as well as the high interest rate policy of the US government, have kept the US dollar operating at a certain high level.
Obviously, no!
The strength of the dollar is terrible now, and if this state of affairs continues, it will be too dangerous, and the dollar will always be punctured one day by such a high level.
Is the boss now gambling on this breaking point, asking him to have such a heavy position.
In the early eighties, there was severe inflation in the US imperialist economy, and the Federal Reserve raised the interest rate on the dollar to double digits.
For a time, a large amount of hot money from all over the world poured into the U.S. market, pushing the U.S. dollar higher and higher, and the U.S. dollar continued to appreciate, called the U.S. dollar, which has the same credit as gold, but the U.S. dollar is not gold after all.
The appreciation of the US dollar has seriously affected the export competitiveness of the United States, and the manufacturing of island countries is sweeping the world, automobiles, semiconductors, motorcycles, machinery and equipment are not inferior in quality to American products, but also have obvious price advantages because of the appreciation of the US dollar, so that the US trade deficit is getting bigger and bigger, there is a deficit of hundreds of billions of dollars in this era, and a huge crisis has begun to appear.
Under the impact of Japanese manufacturers, many manufacturing enterprises in the traditional manufacturing base of the United States went bankrupt, and a large number of workers lost their jobs.
For the first time, US imperialism felt the pressure of a large trade deficit, so it was determined that the dollar would fall and the yen appreciate.
This "Plaza Accord" meeting, which people will often talk about in later generations, was thus brewed by US imperialism.
Sunday, September 22, 1985.
The Plaza Hotel in the heart of Manhattan, New York, USA, is a behemoth building with a height of 76 meters.
The hotel is fronted by Fifth Avenue and flanked by Central Park South and West 58th Street.
The Plaza Hotel is designed in the French Renaissance style and resembles a huge "castle" building.
The interior of the Plaza Hotel is extremely luxurious, with several crystal chandeliers alone, which are like works of art that make the whole hotel feel magnificent.
One big shot after another arrived.
However, everyone knows that the protagonist this time is the contest between the US imperialism and the island nation, which is now the world's largest economy and the second largest economy.
This contest reminded Zhang Xingxing of the trade war between the US imperialists and the land of China in later generations.
One is to give in, one is not to give in.
At that time, the economy of China was also export-oriented, and the exported goods were all won by high quality and low prices, forming a huge trade gap with the United States, accounting for more than one-third of the trade deficit of the United States imperialism.
The U.S. imperialists have taken unilateral containment as the keynote of their trade, and in the face of huge trade deficits, they have frequently offered many Super 301 clauses to constantly threaten them.
The so-called Section 301 is unknown to many people in this era, and Zhang Xingxing also learned from the news network of later generations that at that time, the Sino-US trade war, the US imperialists frequently used this trade protection stick.
So what exactly is Section 301, which authorizes US imperialism to impose sanctions and retaliation against "unfair" foreign trade practices, which do not require the approval of the World Trade Organization, and is a unilateral act of US imperialism.
For example, the implementation of policies such as high tariffs across the board.
The island nation has been hit by this trade stick more than a dozen times.
The United States forced the island nation to take the initiative to restrict car exports.
U.S. imperialism imposes heavy taxes of up to 45% on motorcycles in the island nation.
The United States forced island countries to set a lower price limit for semiconductor exports to the United States and promised not to sell cheap chips in the United States.
The United States imposes 100% tariffs on television sets and computers in the island nation,
......
Against this background, the island nation succumbed to the intimidation and lure of US imperialism.
Finance ministers and central bank governors of the United States, Japan, Germany, France, and the United Kingdom finally reached an agreement named after the hotel, the Plaza Accord.
The agreement decided that the governments of the five countries would jointly intervene in the foreign exchange market to induce the US dollar to depreciate in an orderly manner against major currencies, in fact, it was to compete for a sharp appreciation of the yen against the US dollar in order to solve the problem of the huge US trade deficit.
On Monday, August 23, 1985, the world learned about the signing of yesterday's Plaza Accord, and the signing of the agreement in Europe and the United States is on a rest day, so that as soon as the market opens today, there is bound to be a huge dollar sell-off.
Those funds that entered the market before but did the wrong direction did not hold on for a second at the opening, and they were broken through the position.
This is futures, margin trading with leverage, which makes people really think of heaven and hell.
Most of the "Americans" are in hell who support the dollar, and Zhang Xingxing and Xingxing capital are openly speculating in the dollar and the yen, so as to obtain huge profits and make his value soar by leaps and bounds.
According to the previous life, in the two or three years after the signing of the Plaza Accord, the dollar has been falling against the yen, and it has been falling to the bottom, and it is said that he will have a greater profit after three years, but the time for shorting foreign exchange for three years is too long.
Another point is that in the past three years, Zhang Xingxing has more money-making opportunities waiting for him in the island country, and he can't let all his funds be spent in the foreign exchange market for three years, which is more than worth the loss, because after the dollar is no longer strong, there are more and more people who buy yen appreciation and dollar depreciation.
Therefore, Zhang Xingxing mainly earns money in the three months after the Plaza Agreement is signed.
Within three months, the US dollar will fall by 20% against the yen, which means that if you short the US dollar and long the yen, you can make 20% of the total amount of profit, and the leverage will be magnified by 20 times, and the margin he invested is worth 90 million yuan, which will become 1.8 billion!
In addition to his own funds of 20 million, the funds raised of 70 million and about 40 million in interest, that is, about 160 million, he will be able to earn 1.64 billion!