Chapter 159: Waiting

The signing of the Plaza Agreement had a very far-reaching impact on Dongying, although it was not the main factor in the decline of Dongying for 30 years, but it was indeed the fuse.

In September 1985, the dollar was still 1:200 against the yen, but by the end of the year, it had become 1:200, and by the end of '86, it had reached a maximum of 1:12.

In less than a year and a half, the yen has appreciated by one hundred and ten percent.

The yen has appreciated, purchasing power has increased, and Dongying has been clamoring to buy the United States, but this time it seems that the goal is closer.

In his previous life, when Jonas was in school, this was a major case they studied, so they had a relatively clear understanding of this period of history.

The appreciation of the yen has indeed made the money in the hands of the people of Toei more valuable for a period of time.

However, Dongying is a country that mainly relies on processing and trade with supplied materials, as well as earning industrial added value.

When their currency appreciates dramatically, it is their exports that are most affected, and their industrial system is hurt the most.

In the short term, major companies in Toei have begun to actively invest overseas because of the more funds in their hands, hoping to use overseas investment to reduce the impact of yen appreciation.

However, in order to compensate for the shortcomings of domestic economic development, most of their foreign investments are concentrated in the resource sector and complementary enterprises, and the results of these investments are not fast.

In the late 80s and early 90s, for example, they aggressively entered the iron ore industry in Western Australia to obtain raw materials for Dongying Industries.

But none of these investments will be fruitful in the short term.

Another example is that they have used the money they have spent to make international loans and support a large number of enterprises abroad.

In the long run, these are indeed very positive.

But their country has a huge flaw, that is, it is too dependent on external resources for supply and sales markets.

A raw material has to be bought from outside, and most of the products have to be sold to foreign industrial countries. When their currency appreciates and their export competitiveness declines, their good days will come to an end.

From 85 to 90 years, it was the last afterglow of Dongying's economy.

After a large amount of money in the hands of the people of Dongying has no whereabouts, they can only raise the domestic housing prices.

All this has led to the decline of Dongying's economy for 30 years, which is called "the lost 30 years" by Dongying people.

Now Jonas is only a half bottle of water, and he knows that the appreciation of the yen is an opportunity to make money, and he also knows that the skyrocketing real estate in Dongying is a good opportunity.

But how to do it is a little uncertain.

Moreover, the Plaza Accord was not originally a conspiracy of Europe and the United States against Dongying, on the contrary, it was initiated by Dongying on its own initiative.

In the early eighties, Armenia's fiscal deficit increased dramatically.

The foreign trade deficit has increased significantly. They hope to increase the export competitiveness of their products through the depreciation of the dollar in order to improve the imbalance in the US balance of payments.

At that time, Japan's economic development was overheated, and the appreciation of the yen could help Japan expand overseas markets, establish joint ventures, and expand Dongei's influence in the world.

Therefore, the then Prime Minister of Toei, Noboru Takeshita, was the one who promoted it the most.

The finance ministers and central bank governors of Armenia, Dongying, the Federal Republic of Germany, France, and the United Kingdom finally met at the Plaza Hotel in New York, and reached an agreement on the joint intervention of the five governments in the foreign exchange market to induce the orderly depreciation of the dollar against major currencies in order to solve the problem of the huge trade deficit of the United States.

In this, Dongying exerted at least half of his strength.

It's just that the changes that took place later were beyond their expectations.

Internationally, there are very few conspiracy theories, because conspiracy is often just a means that cannot be put on the table.

The international trend mainly relies on conspiracy, but there are means that are inseparable from conspiracy.

Dongying is a little too simple, overestimating the discipline of several other countries, and burying himself by digging a pit.

Jonas comes from later generations, and after decades of analysis of the cause and effect, he still feels that there are many doubts in this, not to mention the people who are now blocked by the curtain of history.

No one could see farther than him, but Jonas didn't know how to get started.

All he could think of was borrowing yen and then agreeing to return the dollar, as well as buying stocks in the Tokyo stock market and building a position in the yen in the foreign exchange market.

But just because he knows how doesn't mean he knows how to do it.

Moreover, this is not a week, a month, or even a year battle, but a battle of more than two years, or even five or six years.

In this process, mastering the timing of the conversion of various investments is not something he can do now.

However, he is not afraid. Because in addition to professionals like Bennett and Wolff, the main thing is that he has the backing of Richie and interest groups.

He didn't think about fighting alone, and it would be stupid to have allies who didn't know how to take advantage of them.

What's more, he has decided to bring these partners in.

What he has to do is to move Soros's set thirteen years later to Dongying, but Soros is maliciously suppressing and using his financial advantage to consume the foreign exchange reserves of the other country.

And he is different, he will only use the east wind to develop together.

Making money is the goal, not the result. Jonas didn't want to make himself famous by doing it once, but he wanted to make money and have people praise him for his goodness.

On February 2nd, Jonas spent a lonely Spring Festival in Madrid.

He is not Zhou Lei now, and the Spring Festival seems to have nothing to do with him anymore, but he is very melancholy in his heart.

In Madrid, he took two bodyguards to a Chinese restaurant and ate a slightly spicy Western-style Chinese meal.

Number Four returned to Lucerne's home, Jonas spent the weekend with his grandmother, and Number Six returned to school.

He had already learned all the knowledge he had learned in school during the holidays, and he was relieved to know that he had not fallen behind in his schoolwork.

Most of the time, the theoretical knowledge of the school is not useful, but Jonas lacks this basic theory now.

So he still has to go to this school.

However, in addition to his expertise, he focused more on Hoffman's investment banking side.

After Yannick's death, the interest group's investment had gone to a shell company called Seaman Investments, and they had hundreds of these shell companies, and the funds could be withdrawn at any time.

The current Hoffman Investment Bank is only an empty shell, and the more than $10 billion that was originally operated is now only $130 million belonging to Yannick.

And this 130 million is still in the London futures market, and it will not be withdrawn until the end of the month.

In the short term, Jonas will not participate in futures investment, this market is too dangerous.

When he is not absolutely sure, especially when he does not have a spot market to hedge, speculative futures are not a good option.

He is still waiting, waiting for the delivery of this batch of contracts, and then it is time to lay out Dongying.

This 130 million US dollars, at the end of the month, if nothing else, can bring him a total of more than 150 million returns.

This money is completely enough to invest in Dongying's layout.

It's just that he hasn't figured out how to open it yet.

Now he doesn't dare to fully trust Wolff, let alone Bennett, he still needs to take advantage of it.

However, he was not idle, because the renovation of the building that Yannick had bought was already in its final stages.

This red, baroque, five-storey building is located at a crossroads on the shores of the lake in Zurich's Sudstadt.

With the headquarters of hundreds of financial institutions, it is a real financial district.

The Hoffmann Investment Bank building is located at the northeast corner of the intersection, Zurich Reinsurance Group in the northwest corner, the Swiss Insurance Group building in the southeast corner of the intersection, and the lakeside park in the southwest corner.

This position can be said to be unique, so Jonas was reluctant to sell it at the beginning.

It's easy to sell now, but it's even harder to buy an office space with such a good location when the time comes.

The main entrance of the building is located directly opposite the intersection at the corner, and there is a small parking lot with four cars on the left, and next to the small parking lot, there is a parking lot leading to the underground.

To the right of the building, between the street and the building, is a row of small gardens two meters wide, and then there is one

There is a back door of about ten flights of steps, from which you can go directly to the fifth floor.

The first to third floors can be used as office space, the fifth floor is an attic, and the fourth floor can be used for people.

Those who work here can live directly on the fourth floor of the building, and Yannick has opened a large suite for himself here, which now belongs to Jonas.

This building is much more palatial than Jonas's home, but Jonas has come around a long way, and feels that this opulence is full of coldness, and it is far less comfortable than the "old" wooden house of his own house.

Hannah and Jonas looked around, and they were both excited about moving here. "I'll set it up nicely, when it's busy. You can stay here and we go back together for the weekends. ”

"Grandma, if you don't come to live with me, I won't live here. For me, home is where you are. ”

Hannah was relieved to hear this, and smiled and said, "For me, it's the same." However, that house is full of your grandfather's scent, and I would rather live in a wooden house than this palace. ”

"Then use this as a temporary residence, or a place of reception, this hall is enough for a banquet of no more than a hundred people. ”

The arrangement of the room was left to Grandma, and he couldn't interfere.

At school, he devoted himself to his studies, and during this period, he naturally could not do without the help of Balm.

Of course, he also repaid her well in bed, and even under his inception, Balm promised that he would consider working for Hoffman Investment Bank in the future.

This Valkyrie-like Arctic chick is the most pure-minded person Jonas has ever seen, and the most shy Westerner.

She wasn't very pretty, but her charm fascinated Jonas.

On 11 February, two months after Jonas had been away from the pitch, he received another call from Theon Sr.

On the phone, Jonas promised to train and play the next day.