Chapter 990 [Mo Xuan's Preaching!]
"The !! of the appreciation of the Japanese yen"
An exclamation came from the mouths of Bao Yugang, Li Jiacheng and others.
They are all businessmen, and they are all veterans who have experienced the ups and downs of the business world for decades, and it is precisely because of this that they understand how influential the "news" that Mo Xuan broke the news is.
In general, the appreciation of the local currency will inevitably lead to the appreciation of assets denominated in the local currency, especially virtual assets, which will appreciate much more than the appreciation of the local currency.
The main principle is that the appreciation of the local currency will increase confidence in the domestic economy, and a large amount of hot money will flow into the country in pursuit of high profits.
Investing in the stock market is the place where hot money can be withdrawn the fastest and obtain the highest returns, resulting in the rise of the stock market and the rapid expansion of the economy.
Among them, the opportunities contained in it are really big!
"Mo Sheng, will this Japanese currency really depreciate?" After being shocked, the doubts in the hearts of Bao Yugang, Li Jiacheng and others still lingered, and they still asked seriously towards Mo Xuan.
The depreciation of the Japanese currency is a matter of great importance, so they can't afford not to be serious!
"According to my research, it should be eight or nine and ten. ”
"Since 1980, there have been two changes in the domestic economy of the United States, the first is that the foreign trade deficit has widened year by year, and as of last year it was as high as 160 billion US dollars, accounting for 3.6% of the GNP of that year.
The second is the emergence of government budget deficits. Under the shadow of the double deficit, the US government raised the domestic base interest rate and introduced international capital to develop the economy, and the large inflow of foreign capital made the US dollar continue to appreciate, and the export competitiveness of the US country declined, so it expanded to the crisis of foreign trade deficit.
This foreign trade deficit not only increases the burden of national debt, damages national savings, but also weakens the competitiveness of the country's exports, and has become the biggest threat to the country's economic growth.
Under the pressure of this economic crisis.
The only hope that the United States has is to strengthen the foreign competitiveness of US products with the depreciation of the dollar in order to reduce the trade deficit.
In this way, this rice country needs to choose a suitable object!"
According to Mo Xuan's impression, after the United States became the world's largest debtor country, in order to make up for the trade deficit, the United States needed to attract a large amount of foreign investment.
Japan's huge current account deficit during this period has accumulated huge foreign exchange reserves, and Japan has held a large number of US dollar bonds, becoming the largest creditor of the United States.
Therefore, the United States is eager to solve the huge trade deficit caused by the overpricing of the US dollar through multi-party negotiations, and on the other hand, it is more important to hit the largest creditor of the United States - Japan!
It was in this context that the Plaza Accord was signed.
"Mo Sheng, are you saying that the United States chose Japan as this suitable object!"
This sentence woke up the people in the dream, and after listening to Mo Xuan say so much, everyone present, even if they didn't understand the "grievances" between the United States and Japan before, they really had to think that the United States should indeed transfer the crisis.
With the world's largest economy and military strength, there is no difficulty in achieving this, it is just a question of which object to choose.
Right now.
They really want to hear why it is Japan, England, France, and it seems that there are not many suitable objects.
"Yes!"
A loud affirmation very clearly expressed Mo Xuan's point of view, especially the confidence on his face, which made people feel infected unconsciously.
"This man, why is he so powerful!"
In the heart of every girl, she dreams that one day, there will be a hero who rides colorful auspicious clouds to marry herself, and beauty loves heroes, which is a law since ancient times.
In modern Xiangjiang, Mo Xuan is the "hero" in this traditional sense.
At least, in Li Jiaxin's eyes now, Mo Xuan, who scolded Fang Xuan in front of Bao Yugang, Li Jiacheng and others, was the one with the brightest light in the audience, which made her heart full of pride.
"The countries of origin of this trade deficit are mainly Japan, Germany, France and the United Kingdom.
Taking last year as an example, the total deficit of the United States was more than 120 billion US dollars, of which the trade deficit with these four countries accounted for at least more than half, and the trade imbalance with these four countries was solved, and the trade deficit of the United States could shrink by more than 50%.
Compared with the bilateral trade and trade balance between the United States and other countries, the bilateral trade between the United States and Japan has the following characteristics:
First, Mi-Japan had the earliest trade deficit. The time of the trade deficit between the United States and Japan was in 1965, which was earlier than the bilateral trade deficit between the United States and other trading partners, and the continuous overall trade deficit pattern of the United States did not officially begin until 1976, more than 10 years later than the time of the trade deficit with Japan.
Second, the bilateral trade deficit between the United States and Japan has grown the fastest, doubling in less than four years on average;
Third, the scale of bilateral trade and bilateral deficit between the United States and Japan are the largest.
Let's take last year as an example, last year's exports to Japan were 22.6 billion US dollars, about 10% of the export scale of the United States, and the imports of the United States from Japan were 68.8 billion US dollars, accounting for about 20% of the import scale of the United States.
There is no doubt that Japan is undoubtedly the largest trading partner of the United States.
The scale of the deficit between the two sides reached 46.2 billion US dollars last year, which is close to 40% of the total trade deficit of the United States, so Japan has naturally become the most important object of the trade deficit of the United States.
Don't forget, this Japanese country has always been the little brother of the rice country!"
Yes.
Japan has always been the little brother of the United States.
To this day, the United States still has a large number of troops stationed in Japan.
In this context, even if Japan does not want to appreciate its own currency, its big brother Mi will not agree.
In this way, there is only one way for Japan to go, that is, obedience, cooperation, and perhaps Big Brother may be merciful, so that the loss suffered by Japan can be a little smaller.
This can be regarded as a kind of comfort.
...
"Ah Xuan, why are you so powerful!"
Leaning on Mo Xuan's arms, Li Jiaxin looked up at her man, her eyes were full of admiration, admiration, and admiration, and these emotions were about to overflow her eyes.
Just now, in the Jockey Club, so many bigwigs lost their prestige and majesty one by one, just like elementary school students, listening attentively to Mo Xuan's explanation.
This scene is really full of shock!
"Huh. Hearing this, Li Xuan just smiled faintly.
The influence of this "Plaza Accord" on Japan was so great that he could not know that this was nothing more than a kind of "picking up people's teeth."
Seeing the outline of the villa, Li Jiaxin blinked her eyes, looked at Mo Xuan affectionately, and issued a moving invitation.
"Today, just stay. ”