Chapter 863: Reversal, another day!
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I’ll Add Points To All Things
- Eternal Era
- 2588 characters
- 2021-01-30 10:06:02
The latest website: Soon, after Su Yang's second wave of suppression of the Yueyuan, the Magnesium Chain officially passed the Senate bill and officially initiated a rate cut.
Under this circumstance, the world's safe-haven funds have all begun to hedge in the Japanese Yuan. Yue Yuan is constantly buying, and the price is constantly rising, gradually exceeding the 75 mark.
Everything is like the repetition of countless times magnesium yuan interest rate cuts and capital refuge, as if there is no difference. After all, the national policy will not be changed easily, and there will be no problems in a short time.
But no one noticed that in the three major financial markets, some financial accounts are still selling Japanese Yen.
It's just that the scale of this sell-off has gradually decreased from tens of billions of Japanese dollars to hundreds of millions of hundreds of millions of "small-scale" sell-offs, which are becoming increasingly unattractive and have almost no effect on the exchange rate...
Time passed quickly, soon, and another half a month passed. Just when everyone thought everything was settled. Many posts and reports opposing the appreciation of the yen suddenly appeared online in Japan.
These posts and reports are written by professionals. They pointed out that the appreciation of the yen actually involves huge risks, which is not a good thing for island countries.
Because...the appreciation of the Japanese yuan will have a huge negative impact on import and export trade: now...Japanese things are already too expensive to sell internationally...
In the beginning, the voice was only spread on the Internet. Soon, all major Japanese media and newspapers began to forward or write such news.
Some well-known economists have also begun to explain in newspapers or the media whether the exchange rate rise is pros or cons.
In general, an increase in the exchange rate has both advantages and disadvantages, but the disadvantages outweigh the advantages.
The good thing is the lives of the people of the country. Not only the assets of all people are invisibly increased, but also foreign products can be purchased at lower prices.
After all, people living in China only use their own currency. Originally, 1 mg of imported goods cost 80 yen to buy in China; now it only costs 75 yen.
Of course life is much easier.
The disadvantage is that the import and export trade of the entire country will be greatly affected. Products of the same price will increase their prices if they are sold abroad because of the exchange rate increase.
For example, if an item that originally cost 80 yen is sold to Magnesium, it only needs 1 mg plus profit. Now it needs 1.07 mg plus profit.
Invisibly, the quotation will increase.
Maybe a product increased by 0.07 mg, maybe it feels nothing. But what if it expands to a million, tens of millions, or even billions of items?
That number is terrifying.
Suppliers from various countries will soon consider abandoning purchases of Japanese exports due to price issues.
Japan's technological products, automobiles, chemicals and other products in various industries, no matter what they are, as long as they are exported to various countries, they will virtually reduce their competitiveness.
And if you don’t increase the quotation, reduce profits and maintain the original price. Then the profits of Japan's import and export companies will drop a lot.
And not only that, because most international trade is settled in magnesium yuan, and these magnesium yuan are exchanged for Japanese yuan. Now that the yuan appreciates, the money earned will actually shrink again.
After shrinking twice, all Japanese companies involved in import and export will struggle.
Therefore, many economists infer that if this continues, the global influence and sales of major Japanese companies will soon decline.
In addition to having an impact on companies involved in import and export.
Because foreign products are cheaper to come to island countries, some domestic products may not be able to compete with imported things in terms of prices. People in island countries are also more inclined to purchase foreign products.
If things go on like this, domestic small and medium-sized enterprises will also be squeezed out of their living space. Japan is likely to face the dilemma of declining manufacturing, closing factories, and laying off workers.
In fact, all major companies were aware of this as early as when the yuan appreciated.
However, because it has not experienced the export pressure brought by the appreciation of the Japanese yuan for many years, and all import and export trades, foreign currency hedging will be carried out in advance (after the order is confirmed, the foreign exchange futures with the receipt date will be sold in advance in the market. Wait until the money is received before closing the position, so that the exchange rate of the transaction will not affect the final profit), so they are not too vigilant.
But now with media reports and reminders from economists, they finally found the problem. Research has begun.
Soon, they came to the conclusion that it has little impact on short-term transactions, because partners have already hedged against exchange rate fluctuations, but the impact on medium and long-term business is indeed very large.
So, a month ago, everyone was happy for the country to protect the exchange rate, but unexpectedly a month later, everything was reversed!
Because magnesium countries’ sudden interest rate cuts have caused the country to keep the exchange rate, is it the worst move?
It would cause big problems for import and export! ?
Can things be reversed like this?
Everyone was dumbfounded.
And just as the island countries were raging due to foreign exchange problems, the voice of disbanding this cabinet suddenly sounded in Japan.
They believe that the reason for the current situation has a lot to do with the mess of this cabinet!
And, soon, under the organization of interested people, this voice became louder and louder.
Japan is a magical country. Although the national president has a three-year term. But most of the country's presidents have been dissatisfied with it for a year.
Because as long as there are problems in the country, other opposition parties can impeach the country’s president and cabinet to resign.
Therefore, at this time, the current cabinet of Japan all panicked.
They didn't expect the impact of things to be so great!
And...in fact, they didn't do the appreciation of the yuan. They just did the most normal thing and kept the Japanese yuan exchange rate. It is foreign hot money and capital who think that the Japanese yuan has the potential to fight against depreciation, and Japan's determination to protect the exchange rate has nothing to do with them. They did not say that to the outside world.
And later, the magnesium country suddenly lowered QE and quantitative easing. Who expected this?
In order to preserve its value, capital poured into Japan with hot money, making the exchange rate of the Japanese yuan higher and higher.
This has nothing to do with them!
Just when the current cabinet called injustice, the accountability of the opposition appeared.
The opposition found out that this cabinet spent several billions of magnesium yuan a month ago to protect the exchange rate of the Japanese yuan. It is believed that the current trade deficit is about to form and foreign exchange is becoming less and less. This behavior is completely disregarding the interests of the country!
They demanded that a big man in this cabinet comes out to pay for the appreciation of the yen! Pay for these billions of magnesium dollars!
A series of accountability directly pushed the incident to a climax.
The opposition parties finally revealed their true colors: they demanded the resignation of the president of the country, the dissolution of the cabinet, and the reopening of elections.
In just a few days, the whole of Japan was suddenly shaken up and down. Never lose sight of a month ago.
...
It was still the familiar courtyard, and still under the familiar cherry blossom tree.
At this time, Yanagawa Yan was not in the mood to drink tea. He stood under the cherry tree and kept talking on the phone. The expression on his face was as serious as he was.
This series of reversals was completely beyond his expectation. As one of the investors in this cabinet, he was also panicked at this time.
In fact, foreign exchange matters are not that important, but the whole public opinion is such a big problem!
Someone must be contributing to this!
Thinking of this, Su Yang appeared in front of Yanagawayan.
"Is that you? Su Jun?"
As soon as this idea was born, it was dismissed by Yanagawahiko. He felt it would not be Su Yang. Because this plan is simply too scary, this is a change in the helm of a world-class power!
For what benefit did Su Yang, a foreigner, do such a thing? ! He is crazy!
Who is that?
Soon, a piece of information came over. It didn't take long for Yanagawahiko to lock the target. All this seems to be the hands of the former president of the country, Yuki Naka, who implemented loose monetary policy three years ago.
Nakai Yuki is one of the country's presidents with the highest approval rate in the history of the island country. He comes from a big family, and his family has been the country's president for three generations. He has sufficient connections and resources in the big business community.
Three years ago, he became the president of the country for the first time. He originally wanted to implement loose monetary policy, expand the scale of imports and exports, and boost the economy. But he was quickly impeached and resigned.
Unexpectedly, this time it was he who caught sight of the opportunity to attack!
But even if he found someone, Yanagawa Yan found that he couldn't deal with him.
Because Zhongju requires a family background, a network of people, and a support rate. Now that I have just found the handle of this cabinet, I can't fight back at all.
The president of the country can only find a way.
At that moment, Yanagawahiko felt like he was much older...
Because he knows that even the current president of the country has no way to solve this problem. At this point, there is no possibility of any reversal...
...
really.
Two days later, after two rounds of internal voting, Nakai Yuki succeeded in defeating his competitor Shigeru Ishimura and was elected as the 25th President of the Liberal Democratic Party, becoming the first former Liberal Democratic Party president to return.
Three days later, the current president of the country, Osamu Ohno, publicly apologized for his failure on Toto TV.
Half a month later, Yuki Nakai led the Liberal Democrats who controlled the Senate in the House of Representatives. He rejected the political speech of President Osamu Ono, and personally united with 7 opposition parties including the Liberal Democrats and Komeito to force Osamu to resign. And dissolve the Senate as soon as possible;
A month later, Yuki Nakai reached an agreement with the then president of the country, Haro Ohno, to pass some of the policies of the current president of the country, in exchange for the current president of the country to admit defeat.
That night.
The current president of the country Haro Ohno announced the dissolution of the House of Representatives and the re-election of the Senate...
This also declared the complete failure of this management of the island nation.
At this time, international funds finally discovered that something was wrong.
You know, Yuki Nakai is different from Osamu. He is an activist. Pursuing a strategy to improve the economy at all costs.
The reason why he was impeached and resigned during his last term was because his policies were too radical.
Once he takes office, Japan will probably no longer pursue its current economic strategy. It may choose to sacrifice the exchange rate to stimulate the economy.
In this case, Yue Yuan... will collapse!
Under this kind of risk warning, even if Yuki Nakaji has not yet participated in the election of the country's president, the keen international funds have begun to flee gradually. In this situation, Yueyuan ushered in an inflection point and began to depreciate and fall a little bit.
At this time, Wei Lin, under Su Yang's command in advance, replaced all the 16 trillion yen in his hands with magnesium and gold at high points, and then waited for the opportunity to ambush.
In the previous month, Su Yang did not act rashly except for buying all the money in his hands into the shares of four automobile companies. All his layouts are over, and he doesn't need to intervene anymore. As long as things go on step by step, the harvest will soon be ushered in.
In this month, three of the four auto companies have all gone from an initial agreement to completion of negotiations and preparation for formal cooperation.
Even Nissan, after repeatedly hitting the wall, got the hang of it, and finally the trustee contacted Su Yang and officially started negotiations with Su Yang.
Su Yang also delayed the contract with the other three companies for this reason.
According to him: He came to Japan to help Japanese automobile companies develop better. He was contacted by four companies before, but now he will leave one family behind and talk to the other three first, and he will appear to be petty.
So he intends to wait for the negotiation with Nissan to sign an agreement together, and then hold a press conference, causing a sensation.
Although Su Yang is Party B, after all, Su Yang has the core technology in his hands. So several car companies have no way to refute. Can only accept.
It was not that they had never doubted whether Su Yang was delaying time on purpose, but after careful study, they felt that Su Yang would not benefit from delaying time.
So I am more inclined: Su Yang is giving the two domestic auto companies a start time. Or it may be that Nissan has more favorable conditions for driving, and the other three auto companies cannot sign contracts first.
Anyway, it's all trivial matters, and the executives of the three auto companies didn't care about it after learning about it.
But they didn't know that there was really no interest in Su Yang's delay in not signing. But his purpose is...not to breach the contract, that is, not to harm his own interests...
...
Time flew fast, and 10 days later, the Japanese general election officially began. Yuki Nakai officially issued an announcement that he will participate in the national presidential election as the president of the Liberal Democratic Party.
His competitor is Osamu Ohno, the current president of Japan and the representative of the democratic camp.
During his election debate, UU Reading www.uukanshu.com not only publicly accused Ono Osamu's series of conservative policies in the previous year, but also formally stated his economic policy in the next few years: He will follow the magnesium country and work together. Implement loose monetary policy. Directly reduce Japan's interest rate to zero. Release all currency liquidity and stimulate the economy.
Moreover, he will lower the exchange rate of the Japanese dollar, expand the scale of imports and exports, so that Japanese companies can regain their competitiveness internationally, and implement fiscal stimulus policies to promote the recovery of the Japanese economy.
This speech boosted the morale of the entire island nation and also won him a lot of support.
But... it also frightened the international capital.
You guessed it right! You guessed it right! This guy really planned to cut interest rates, loose money, and depreciate the yen. This shows that Yueyuan is about to fall drastically!
All of a sudden, international funds fled Japan one after another, and Yue Yuan fell in response. Even though the Japanese yuan is a world-class currency to avoid suspicion, it cannot stop the flight of so many funds, and it plummets from 78 to 85.
And it continues to fall...