Chapter 237: The Sword Refers to Japan

"Hehe, if he doesn't have some skills, he won't be the president of the United States." Old Man Lin said with a smile.

Lin Yu nodded, indeed, the president of the United States is not someone who wants to be the president, almost every president of the United States is out of the encirclement and then successfully reached the top, just like President Reagan, if you want to become the president of the United States, you must first join the Republican Party or the Democratic Party, and then you have to get the party nomination, this is only the first step, there are many talents in the Republican Party or the Democratic Party, and it can be said that it is difficult to win the party's nomination election to become a presidential candidate.

In the 1980 Republican Party election, Reagan lost to Bush in the first vote at the Iowa Party Congress, which later became Bush Sr., but he eventually won the votes in other states and became the Republican nominee for president. Ford became vice president, but it didn't materialize. Reagan, on the other hand, chose to nominate Bush, his opponent in the election, as his partner. Bush has many traits that Reagan did not have — a lifelong Republican, a war veteran, and international experience as director of the CIA, director of the U.S. office in China, and ambassador to the United Nations. Compared with Reagan, Bush's economic and political stance is more moderate, for example, Bush once called Reagan's 30 percent comprehensive tax cut policy "voodoo economics."

Results of the 1980 presidential election. In the election campaign, William? Willim J. Cey was in charge of the Reagan camp's campaign, and his strategy was to target the issue of the Iranian hostage crisis at the time, and the news media continued to report daily on the Carter administration's incompetent failure to rescue the hostages, which many analysts believe was the main reason for Carter's defeat. At the same time, Carter was unable to solve the high inflation and unemployment at the time, the sluggish economic growth, the unstable oil market caused long queues in front of gas stations, and the voters were more aware of the weakness of the United States in national defense.

When it comes to the economy, Ronald? Wilson? Reagan said, "I tell you I can't use the word depression. Let me tell you these definitions: a recession is when your neighbor is unemployed, and a depression is when you are unemployed. And the beginning of the economic recovery refers to the time when Carter is already unemployed. ”

Reagan's performance in the televised debates also boosted his campaign, where he looked more comfortable than Carter. It was a time of rapid inflation and bank interest rates in the United States, and he gave a very powerful answer to the audience's question: "Do you think your life is better now than it was four years ago?"

It is precisely because of that contagious speech that Reagan defeated Carter in the 80 election and became the new president of the United States.

However, Lin Yu has never understood Reagan, it is said that the president, who is so an actor, should have no understanding of the economy, but he has his own views on the economy, although "Reaganomics" is not very classic, but it directly says the economic crisis and countermeasures in the United States. If he hadn't known about Reagan before, Lin Yu would have even wondered if this Reagan had been reborn like him.

……

didn't pay any attention to this president Rauschzi, Lin Yu directly began to study the "Plaza Accord",

In 1985, Japan replaced the United States as the world's largest creditor country, and Japanese-made products flooded the world, and the pace of frantic expansion of Japanese capital made Americans exclaim that "Japan will occupy the United States peacefully"

Many large manufacturing enterprises and congressmen in the United States began to sit still, and they lobbied the US government one after another, strongly urging the Reagan administration at that time to intervene in the foreign exchange market and depreciate the dollar in order to save the increasingly depressed US manufacturing industry. Many economists have also joined the lobby to lobby the government to change its stance on a strong dollar.

In September 1985, the finance ministers of five advanced industrial countries, including the US finance ministers, the British finance ministers, the French finance ministers, the federal German finance ministers, and the Japanese finance ministers, as well as the governors of the central banks of the five countries, held a meeting at the Plaza Hotel in New York, and reached an agreement that the governments of the five countries would jointly intervene in the foreign exchange market and make the US dollar fall against major currencies in an orderly manner in order to resolve 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 agreement stipulates that the yen and the mark should appreciate sharply in order to recover the overvalued dollar. After the signing of the "Plaza Accord", the five countries jointly intervened in the foreign exchange market, and each country began to sell the dollar, which then formed a selling frenzy of market investors, resulting in a continuous sharp depreciation of the dollar.

It was this incident that kicked off the outbreak of the Japanese economic crisis, as a staff member of a securities firm, Lin Yu is no stranger to this matter, it can be said that the United States is holding a gun to force Japan to sign the agreement, whenever he sees this, Lin Yu is shaking his head, and some schadenfreude.

Lin Yu thought about this matter carefully, but Lin Yu knew that after the Plaza Agreement was signed, the depreciation of the dollar and the appreciation of the yen, and the appreciation of the yen was crazy after that.

Lin Yu thought about it carefully, Lin Yu is very happy to make money in small Japan, the Japanese are very rich, and there is also the land of Japan, it can be said that Japan in the late 80s was the craziest time for virtual property, if you don't make it at this time, it will be very sorry for your Japanese friends.

After thinking about it for a long time, Lin Yu called Jason.

Jason and others did not do anything to Britain after the talks between Lin Yu and Margaret Thatcher, and now the cooperative relationship between Lin Yu and the British government, to be precise, with the Conservative Party, is unreasonable to do anything to Britain at this time.

Therefore, according to Lin Yu's explanation, some people stayed in the United Kingdom, responsible for acquiring the shares of some British companies, not seeking to acquire more, as long as they can hold a part of the shares, and the rest of the people were divided into two parts, one into Japan, one into the United States, according to what Lin Yu said, the dollar and the yen will change in the next step, and Jason has never doubted what Lin Yu said.

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