Chapter 971: Prelude to the curtain
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Rebirth of the Military Industrial Overlord
- Qian's Feather
- 1409 characters
- 2021-01-30 08:02:43
"are you ready?"
When Tan Zhenhua flew to the United States via Xiangjiang again, and met Guo Zhaode in Xiangjiang, he asked him that way.
Guo Zhaode, who has been working closely with Tan Zhenhua for so many years, immediately understood what he meant and asked, "So, that matter, is it going to begin?"
Tan Zhenhua nodded, stretched out his wrist, and looked at the calendar on the dial of Patek Philippe
September 22, 1985.
...
"I'm finally here!" Takeshita got out of the car and looked up at the 78-year-old New York famous building with a distinctly Gallic Renaissance style. He sighed in his heart.
He must sigh, because in the past few years, he and his government have gone through too much in order to get here and today.
Time needs to go back to 5 years ago, or even longer.
In 1978, the political situation of Ipersia changed suddenly, and the Pahlavi dynasty, which was extremely pro-American, was overthrown overnight. The change of political situation of course led to violent social and economic turbulence, and the normal national order of Ipersia fell into a short pause From the end of 1978 to the beginning of March 1979, Ibos stopped exporting oil for 60 days!
What does this mean? This means that the world oil market is short of 5 million barrels of oil every day, accounting for about one-tenth of the world's total consumption!
The sudden imbalance in the relationship between supply and demand will inevitably lead to turbulence in oil prices, and this turbulence has been deliberately promoted and amplified by certain stakeholders, and suddenly caused a panic buying trend in the world oil market, and oil prices have therefore risen sharply.
And when Ipersia just resumed oil supply, this wave of tide was just about to pass. On September 20, 1980, the Ikra Air Force sneaked and bombed several cities in Iperus, starting the Iran-Iraq War. prelude.
The outbreak of the war inevitably affected the normal production of oil in the two countries, and the world's oil supply was also greatly affected. Production fell sharply, resulting in a daily gap of 5.6 million barrels in the global market, breaking the supply and demand in the global crude oil market at that time. The relationship is fragile and balanced, and at the same time, OPEC also split within the Organization of the Petroleum Exporting Countries. Most member states advocate going along with the market and raising oil prices. Only Haosha, which is firmly controlled by the United States, advocates freezing oil prices. Under the control of the Americans, they did not hesitate to increase production significantly to keep prices down.
However, the power of a country is limited after all. The internally divided OPEC has lost its ability to regulate the market. The major oil exporting countries have increased official prices in turn, adding fuel to the fire. Oil prices have skyrocketed from 13 US dollars per barrel in early 1979. And it quickly soared to $41 at the end of 1980.
This is what history has called detonated the "second oil crisis" sweeping the capitalist world, and there is no doubt that this oil crisis triggered and aggravated another global economic crisis.
As the world's largest oil consumer, the United States has certainly suffered greatly during this oil crisis. The skyrocketing of the most basic energy and chemical raw materials immediately triggered unprecedented domestic inflation in the United States.
In response to this round of serious inflation, Volcker, who was the chairman of the Federal Reserve Bank of America at the time and known as the "iron fist" during 1979-1981, raised the US dollar interest rate by 20% twice! .
The annualized interest rate of deposits has reached 20%, and the loan interest rate has risen even more. Is this number scary?
But it has to be said that this unconventional method still played a role, the confidence of the dollar was restored, and it also laid the foundation for President Reagan to promote his "Reagan Economics."
In 1981, President Reagan came to power. He appointed former Merrill Lynch chairman Ligan as Treasury Secretary. He initiated a plan to cut taxes, increase fiscal deficits and national debt, and then cut state-owned enterprise welfare, crack down on labor unions, and abolish various regulations. By advancing reform measures such as financial liberalization, the United States finally emerged from the pit of this round of economic crisis and gradually regained its vitality.
But don’t forget that it’s not just the U.S. that has been hit by the economic crisis. U.S. people have eased themselves with tough measures and policies that desperately attract capital inflows. Many small partners have suffered.
For example, Latin America.
The high-interest U.S. dollar attracted funds from all over the world to the U.S. It emptied capital in Latin America almost instantaneously. It also made these regions that were originally prosperous because of hot money and hot money collapsed without any suspense. For example, the previous article used to The Argentina mentioned-In order to alleviate and transform the fierce domestic conflicts caused by this, Argentina’s military president Gattily sent people to attack the Falkland Islands and triggered the "Farmland Island" with Britain. war"……
Of course, it’s not just Latin America that has suffered. With the massive flow of capital to the United States, the European countries can’t stand it. Almost all currencies have depreciated against the U.S. dollar. For example, they have been attacked by Master Tan Er several times. The British pound fell to an unprecedented 1.05:1 in 1984, the lowest point in history!
Speaking of conscience, this time it was really not something Young Master Tan Er picked up. He just took another ride. At that time, he was still a little guilty. What about the pound?
The plummeting domestic currency will of course further amplify domestic inflation, which makes European leaders unable to sit still. In June 1982, Gaul President Mitterrand asked the so-called "G7" to jointly study how to effectively intervene; Western Han Dynasty Sri Lankan officials dumped large amounts of U.S. dollars in the market to try to repel exchange rate speculators. British Prime Minister Margaret Thatcher simply called President Reagan directly for help...
It seems that the Americans are the big winners, but they are not.
The U.S. people just look good on the surface. You must know that the strong and soaring U.S. dollar has further weakened the competitiveness of U.S. products in the international market, and the high interest has greatly increased the financing cost. All of these have further hit the U.S. manufacturing industry and are firm. With its determination to "de-industrialize" domestic capital and "financialize" industries, more and more manufacturing outflows have gradually spread from the low-end to the mid-to-high end.
At this time, the real winner gradually revealed the clues-Waguo!
The U.S., which has undertaken the most important part of the U.S. outflow manufacturing industry, took advantage of this favorable opportunity of the sharp appreciation of the U.S. dollar to aggressively attack and quickly occupy the U.S., the world’s largest single market. Only TVs and video recorders were sold. Occupy its market share of more than 40%!
In 1980, the Japanese trade surplus with the U.S. was only 9.9 billion U.S. dollars. By 1984, this figure had grown to 46.2 billion U.S. dollars. In the same year, the total foreign trade deficit of the U.S. totaled 100 billion U.S. dollars, and one Japanese country accounted for nearly half!
Moreover, among the exports of the U.S. to the United States, automobiles accounted for about 32%, machinery products accounted for about 27%, steel accounted for about 9%, and precision instruments accounted for about 6%. These are all high value-added industrial products. As for low-value-added commodities such as textiles that have caused trade frictions between the two countries, their proportion is no longer significant.
Under the impact of massive quantities of cheap and high-quality
Made in Japan
, the U.S. manufacturing industry has fallen into a long-lasting and irreparable decline, especially in the Great Lakes region, which is dominated by coal, steel, machinery, and chemicals in the Midwest and Northeast. As the main victim, the unemployment rate is twice the national average, and gradually formed the so-called "rust zone" that will become world-renowned in the future.
In the eyes of some Americans, the Japanese not only robbed them of the money they had used various financial means to rob and deceive them from all over the world, but also smashed their jobs!
How can this be tolerated?
So, in line with the principle of being able to do something and never BB, the Americans started.
Don't forget, he has a knife in his hand!