Chapter 165: Harvest (I)
"Lee, can you tell us the truth?" asked Bill Gates, not only did he come, but Ballmer and Paul, as well as several other shareholders. Pen % fun % Pavilion www.biquge.info
"Yes, how much money did you bring with you?"
"Seven and two million dollars. Bill Gates said.
That's not a small number, but it's not too much, and you have to know how much Microsoft paid dividends last year? It costs money, but it doesn't have to spend only about $7 million.
Li Mo didn't persuade anymore.
First, there was too much time, and secondly, he had said it three times in kindness.
Talking three times is like rotten grass, and I have said enough.
And the larger the amount of money injected, the more attention will be noticed, and at the same time, it will not be easy to sell.
Li Mo looked at the watch on his wrist, it should be too late, he explained the situation.
Or analytics.
The U.S. has been running a deficit in imports and exports, and the deficit is getting bigger, so what will happen?
Obviously, you can't be like Carter, the dollar can be automatically devalued, in fact, the automatic depreciation of the dollar is not a big problem, but once bitten by a snake, ten years to see a snake shock. So Reagan came up with a way to keep the dollar as the principal and let the foreign currency appreciate on its own initiative.
He called the presidents of Japan, the Federal Republic of Germany, France, and the United Kingdom to discuss it, and this must have been discussed in advance, otherwise such a major matter would not have been negotiated in one day. Of course, those who agree and those who disagree know it in their hearts, and they don't dare to announce it, because if there is a big leak, it will inevitably usher in the wrath of the United States. Moreover, this is the height of the Cold War.
In particular, in 81, the Soviet Union held the 1 August Western military exercise, and Western military observers watched the exercise and came to a conclusion with dismay that if the United States did not take action, the Soviet Union and the Warsaw Pact could sweep the whole of Western Europe in an instant. Only China also carried out a big exercise in North China with color, and after the old Maozi found out, Marshal Ogarkov laughed and said, they all say that the Chinese are Continental Armyism, but I don't think they should be Continental Infantryism.
That is, in 81, China is still stuck in the era of millet plus rifles.
But this millet plus rifle, the Soviet Union was really a little jealous, China relied on millet plus rifles, the United Nations troops of more than a dozen countries with advanced weapons and equipment quickly rushed from the Yalu River to the 38th parallel.
However, this exercise is tantamount to exposing the backwardness of the Chinese army's equipment, and the Soviet Union is not afraid.
They don't dare to move, if they really do something against China, it will not be able to solve the problem one day, and NATO will inevitably lead a large army to kill them from the rear.
It cannot be said that the North China exercise is not good, although it leaked its own bottom, through this exercise, everyone saw the gap between the military strength of the two countries, and then there was a series of origins of technology from the West. There are successful ones, there are unsuccessful ones, and a lot of money is scammed.
In fact, at the level of Western countries, they don't want to cheat poor and backward China out of this money, but China doesn't understand anything now, and when it comes to various companies, seeing this situation, can they not cheat money?
After the August 6 troubles, China became more wary of the West, and at the same time took the initiative to start contacts with the Soviet Union to ease the bad relations.
This was followed by ...... The poor performance of Chinese weapons on the battlefield in the Middle East, the collapse of the Soviet Union, and the hostility between China and the United States forced China to start independent research and development.
During this period, first, it did get some technology from the West, at least for China, which was backward at that time, to some extent, and second, it was soberly aware that the times were developing and China was seriously backward in science and technology. After struggling to catch up, at least for 16 years, China's weapons are not much inferior to Russia's.
Except for Li Mo, no one is clear about this history.
That is, these countries in Europe must rely on the big tree of the United States to ensure security.
On 22 September, the finance ministers of the United States, Japan, the Federal Republic of Germany, France, and the United Kingdom held a meeting with the governors of the central banks 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 US dollar to depreciate in an orderly manner against major currencies in order to solve the problem of the huge trade deficit of the United States. Because the agreement was signed at the Plaza Hotel, the agreement is also known as the "Plaza Agreement".
The meeting of the finance ministers of the five countries was reported in the newspapers very early on, but none of the media could guess the truth.
Forcing the other side to take the initiative to appreciate the currency of a country, no matter how big the brain hole is, it is impossible to think of it.
Li Mo analyzed this, Bill Gates and others were suspicious, because Li Mo analyzed the dollar depreciation of Carter after 77, and the whole thing was connected together, and the analysis was reasonable and well-founded, which had to be believed. However, this forced the other party's currency to appreciate, but it is doubtful.
Li Mo continued to analyze.
Why these four countries, because among the younger brothers in the United States, only these four countries are the largest, and the volume is small, shouting over, does it work?
The outside world is guessing wildly, but in fact, they just guessed correctly, and they don't dare to operate, why, do they know which country can agree? At least they don't dare to use high-leverage currency futures to operate.
Li Mo analyzed which country it was.
As a latecomer, I must know which country it is, but I have to tell the reason.
France and Britain certainly can't, first, they are located in the rear of NATO, the Soviet Union poses the least threat, and their dependence on the United States is not strong.
Their trade deficit with the United States is not that large, and although the United States is the boss, are they willing to be the scapegoat?
Then there was the Federal Republic of Germany, and among the deficit countries in the United States, the first was Japan, and the second was the Federal Republic of Germany, and the Federal Republic of Germany was at the forefront of the Cold War. However, the Federal Republic of Germany will not be reconciled either.
Next is Japan, and the country that the United States wants to take the initiative to appreciate is also Japan, because it also has the largest deficit.
Why would Japan agree?
Because Japan's economic development speed was too fast at this time, and China also experienced this later, shouting a soft landing many times, a soft landing, and the economic growth rate was too fast, which would also produce many ills, and Japan's economic growth rate in the past ten years was faster than China's economic growth rate later.
Therefore, Japan hopes that many companies will go out and relieve this pressure. Once the yen appreciates and is recognized by several Western countries, the yen's international status will also rise, and it will also be more conducive to Japanese companies going global.
The reason is very simple: in the past, when Japanese companies went out and invested, 250 yen was only equivalent to one dollar, but after appreciation, 100 yen was equivalent to one dollar. In addition, the Japanese are not willing to be the lackeys of the Americans all the time, and they also want to take advantage of this opportunity, and it is a critical moment of the Cold War, they want to challenge the position of the dollar hegemon, and even the status of the United States, at least we can be a normal country.
This is why there is a series of "aid" to China.
That is, the Plaza Agreement, which was not forced by the United States to sign with Japan, was the result of the affection of the monarch and the intention of the concubine.
However, Japan did not expect that the Plaza Accord would bring about many serious consequences, the yen appreciated at a rapid rate, and international capital entered rapidly, not into Japanese industry, but into Japan's stock market and real estate, and in the next five years, Japan's stock price increased by 30% per year, land prices increased by 15% per year, while Japan's nominal GDP grew by only about 5% per year during the same period.
In 89, the Japanese tearfully burst this bubble economy, and various financial giants took advantage of the opportunity like hungry wolves, which directly led to a serious stock market crash in Japan. The stock price is down, so many people jump off the building to commit suicide, and the housing price has also been suppressed a lot, but the banks have formed a large number of bad debts, and the Japanese economy has entered a recession.
This process cannot be interpreted as sheep shearing, and even if it is, the United States does not want to shear Japan as badly.
Perhaps two or three years later, the Japanese will realize this crisis, but they have been hijacked by the stock market and the real estate economy. In the end, he was forced to cut the meat and retreat...... The cost of being refundable is even heavier.
Li Mo in the back didn't say anything.
He also said that this day was the 22nd, which also happened to be Sunday, and all securities trading would be closed on Sunday, and when the market reopened on Monday, the yen was destined to appreciate.
Currency futures cannot have a serious impact on the dollar and the yen, and they all know that the yen will appreciate, and even if an order is placed, who will take the order? No one will take the order, which is tantamount to wasting expressions.
At most, someone will cash in the yen, which is just right, in line with the purpose of the two countries, and raise the yen step by step, but it will be raised steadily and gradually in a rhythmic manner, and it will not fall to the bottom as badly as the dollar in 77.
After analyzing the situation one by one, he added: "A few years ago, when I was still young, I felt very strange when I heard that the Japanese had taken the initiative to help us in China. Bill Gates, maybe you don't know the Japanese nation. In the past, they were very backward, but more than 1,000 years ago, they were defeated by our Chinese army on the Korean battlefield, which made them realize the strength of our China, so they sent many students to study. You haven't been to China, Hao Like has, he knows that we Chinese have a tradition and are very hospitable. ”
"The Japanese came to admit their mistakes, but China was not to blame for the past, and with China's help, the Japanese quickly became a civilized country. However, hundreds of years ago, with the spread of technology in China, the Japanese shipbuilding industry began to develop, and seeing the Ming Dynasty fighting against the nomads, the southeast coastal area was empty, and they turned into robbers, burning and killing and plundering everywhere in our southeast coastal areas of China...... And then in modern times, you all know. This is a country that is extremely ungrateful and loves to eat the Lord. ”
"I don't believe they can settle down, after coming to your United States, I read a lot of newspapers, and I vaguely guessed the front and back, of course, I was still young at that time, my mind was immature, it was just an idea, so I could only briefly say it to Bill Gates, maybe there was this opportunity. It wasn't until 20 days ago that I came to you again in the United States to see a meeting between several finance ministers. Your growing trade deficit in the United States and the appreciation of the dollar are getting higher and higher, which has seriously hampered the development of your American economy, and I know that my speculation has come to be validated. ”
Only then did Li Mo finish talking about the ins and outs.
In fact, if it weren't for Bill Gaici and them, Li Mo wouldn't have wasted these saliva.
Do you need to explain it to a few of the two puppet fund companies?
And only said it when it was time to operate.
I said it in advance, and if I didn't get it right, I was invited to tea by the relevant departments in the United States.
Even if he doesn't invite him to tea, if that predator targets him and deliberately manipulates Japan's temporary decline, as long as it falls by two or three yen, Li Mo's money will be liquidated.
Especially Citibank, if they are greedy, have enough connections to know when Li Mo will enter the market, and have enough funds in their hands to make Li Mo liquidate, Li Mo can become nothing in an hour or two, including Microsoft's shares.
"Lee, do you mean operating futures, or high-leverage currency futures?" Bill Gates frowned.
Warren Buffett, an American stock tycoon, never touches the Internet stock market, he believes that the Internet stock market has nothing to do with the real economy and is too risky.
Bill Gates believes that software is also a kind of real economy, but it rarely touches the stock market, let alone futures, or futures with high leverage. In his eyes, futures are too risky and uncertain. (To be continued.) )