Chapter 389 Three Ways to Kill Pigs: Yen Appreciation, Bank Interest Rate Cuts, Overseas Purchase Restrictions
Su Su smiled: "Then the main event begins, as I said earlier, currency appreciation is a sign of 'people are stupid and quick to grab money', then according to the Plaza Agreement, the yen appreciates by 5% per year for 10 years, which means that it is announced to the world that Japan's stock market and property market will rise for 10 years, which is a sure win!" As a result, all kinds of tourist capital poured into Japan, crawling all over Japan like locusts and leeches, Japan's stock market and property market were constantly pushed up, and a large number of Japanese stockholders were full of fat intestines in this carnival-like feast! β
Wang Qiang was happy: "My country is going to be sucked dry, and these Japanese are still so carnivalial?" β
Su Su sighed: "This is the blind obedience of the people, and how many people know what happened?" Just like in 2007, when China's people were crazy about stock speculation, the vegetable aunts only knew that the stock market was rising wildly, and how many people knew what was going on? In fact, when the renminbi began to appreciate in 2005 under the pressure of rising international oil prices and grain and oil prices, there were still people of insight who shouted bitterly that this was China's version of the 'Plaza Accord', and China wanted to follow the old path of the Japanese pill! But the vast majority of people don't even know what the Plaza Accord is. β
Wang Qiang said embarrassedly: "Although brother doesn't know what the square agreement is, at least he knows that China is not Japan, Japan is chained, and there is no room for resistance, China can close the door and beat the dog!" Can Japan be the same as China? β
Su Su smiled: "Yes, Brother Qiang is better than those who have insight with this basic understanding." β
Wang Qiang cut off: "The vegetable aunts are better than those people of insight!" β
Su Su said with a smile: "China at least has foreign exchange control and administrative intervention in real estate, which Japan does not have to play with international standards." Therefore, the same routine is used in different countries, and the outcome is different. But in any case, it is good that there is a group of people who have awakened their souls. And then let's talk about how Japan was ravaged without the power to resistβ"
Wang Qiang nodded: "I want a high-definition version!" β
Su Su smiled: "Actually, it's not complicated, since you want to rob Japanese money, you have to force Japanese people who like to save money to transfer money from the bank to the 'casino'." First of all, the appreciation of the yen has led to a setback in Japan's exports, so the problem can only be solved by stimulating domestic demand - any country will do this, Brother Qiang knows what it means to stimulate domestic demand? β
Wang Qiang was surprised: "Just let the people buy and buy internally?" β
Su Su nodded: "Yes." Diligence and thrift are a fine tradition in China, but if everyone is thrifty, you can obviously take a taxi to go to the place, you have to ride a bicycle or even walk, and the driver will die of poverty. Obviously, you can go to a restaurant to rub a good meal, but you have to eat two steamed buns to solve it, and you will die in a poor restaurant. Obviously, you can subscribe to reward and read books, but you have to watch pirated copies, and you are a poor writer...... Then this series of problems of poverty and death has accumulated and this society will have big problems. Therefore, the state should stimulate consumption. Anyway, the principle is very simple, what supply-side reform, export to domestic sales, reduce bank interest, raise pensions, etc., generally the most commonly used method is to reduce bank interest and force the people to take money out of the bank to spend. β
Wang Qianghan said: "What supply-side reform? β
Su Su smiled: "It's just to let those factories that export stop producing products that serve foreign countries, or just shut down." β
"Oooh!"
Susu continued: "So, Japan is reducing the interest rate of banks. However, the international financial group was not satisfied with the reduction and forced Japan to cut interest rates sharply! By the way, the current Bank of Japan is negative interest, the three arrows of Abenomics, isn't it wonderful? β
Wang Qiangle was happy: "Even if you save the money in it, will it be less?" β
Su Su sighed: "That's right! Anyway, the Japanese people are not allowed to have savings, and they dedicate all their body and mind to the master. In short, the Japanese at that time took out the money from the bank, because Japan had completed urbanization, and the funds had nowhere to go, so they threw them all into the booming casino - the stock market! This has further pushed up the stock market frenzy, and how similar is the situation to China's 2007? β
Wang Qiang nodded: "Maybe it's this similarity that paralyzes the international financial group?" β
Su Su sighed: "Maybe, after all, before 2007, China was very obedient and cooperative. Then Japan had planned to take advantage of the appreciation of the yen to buy assets all over the world, but it was beautiful, and the international financial group was banned by the "Basel Accord" so that he could not buy it, and all the money honestly stayed in the domestic stock market. β
Wang Qiangle was happy: "Didn't you just say that Japan acquired the Empire State Building, Columbia Movies or something?" β
Su Su smiled coldly: "Heh, at the national level, what can a hotel movie team be considered an asset?" Only a tech-savvy plant or energy company is considered an asset. This kind of thing is also often encountered in China, that is, the United States often refuses to allow China to buy American software companies and oil companies that are about to go bankrupt on the grounds of endangering national security. And the most disgusting thing is that he didn't speak at first, and when you almost paid the purchase deposit, he immediately made a move, and the deposit will not be refunded! β
Wang Qiang said angrily: "This is no different from bandits!" β
Su Su smiled: "That's right! But this is the problem that Chinese enterprises must face when going global. Moreover, the state encourages companies to go out and specifically acquire these technology and energy companies, and the hotel team is just a blind toss. β
Wang Qiang suddenly remembered something: "Speaking of which, a certain boss next door used the money lent by the bank to go abroad to buy a cinema hotel or something......"
Su Su sneered: "This is the smart one who was confused for a while, a typical eat-in-the-outside." In fact, there are often cases of illegal tossing by bigwigs, but as long as the money is still circulating in the country, that is, the meat is rotten in the pot, the country often turns a blind eye - but if you dare to transfer the money abroad, it will not work. Therefore, the more big the guy, the more you have to learn! β
Wang Qiang nodded: "Brother is also fighting on behalf of this civilization, so he must learn." β
Su Su said with a smile: "Then, in 1990, in the carnival of drunken dreams and deaths of Japanese stockholders in recent years, the Japanese X-Beijing stock market has been pushed up to a glorious 38,000 points, and the Japanese still firmly believe that it can be pushed up to 50,000 points, the Gulf War broke out, and international oil prices soared again, which became the last straw that crushed Japan's manufacturing - because a large amount of Japanese funds are trapped in real estate and cannot get out, Japanese factories can't borrow money to get out of the predicament, that is, the capital chain is broken, and a large number of Japanese factories go bankrupt, and then, Then the avalanche began, the Japanese stock market crashed, the property market crashed, and then Japan had the 'lost 10 years', then the 'lost 20 years', and then the 'lost 30 years'......"
Wang Qiang laughed: "Japan, this is the end? Looks like it's going to lose 4,50 years? β
Su Su smiled: "Well, it's over!" China has risen, and Japan has no chance. β