Chapter 990 [Preacher Mo Xuan! 】
"Japan yen appreciates!!!"
A scream came from the mouths of Bao Yugang, Li Jiacheng and others.
They are all businessmen and veterans who have experienced the ups and downs of the business world for decades. It is precisely because of this that they understand how much influence the "news" Mo Xuan revealed has.
Generally speaking, the appreciation of the local currency will inevitably lead to the appreciation of assets denominated in the local currency, especially virtual assets, whose appreciation will far exceed the appreciation of the local currency.
The main principle is that the appreciation of the local currency will enhance confidence in the domestic economy, and a large amount of hot money will flow into the country due to chasing high profits.
Investing in the stock market is the place where hot money is recovered the fastest and highest returns, which leads to the rise of the stock market and the rapid expansion of the economic volume.
The opportunities contained in this are really great!
"Mo Sheng, will this Japanese yen really depreciate?" After a shock, Bao Yugang, Li Jiacheng and others still couldn't get rid of their doubts, and they still asked Mo Xuan seriously.
The depreciation of the Japanese yen is of great importance, so they cannot help but be careful!
"According to my research, it should be almost the same."
"Since 1980, there have been two changes in the US domestic economy. First, the foreign trade deficit has expanded year by year, reaching as high as US$160 billion so far last year, accounting for 3.6% of the GNP that year.
The second is the emergence of the government budget deficit. Under the shadow of the double deficit, the US government introduced international capital to develop the economy by raising domestic basic interest rates. The large inflow of foreign capital has caused the US dollar to continue to appreciate, and the competitiveness of the US exports has declined, thus expanding to the crisis of the foreign trade deficit.
This foreign trade deficit not only increased the burden of national debt, damaged national savings, and weakened the competitiveness of US exports, becoming the biggest threat to hinder US economic growth.
Under the pressure of this economic crisis.
The only hope that the US dollar has is to use the depreciation of the US dollar to strengthen the foreign competitiveness of US products and reduce the trade deficit.
Then in this way, the United States needs to choose a suitable partner!”
According to Mo Xuan's impression, after the United States became the world's largest debtor, in order to make up for the trade deficit, the United States needed to attract a large amount of foreign investment.
Japan's huge current account deficit during this period accumulated huge foreign exchange reserves. Japan held a large number of US dollar bonds, becoming the largest creditor of the United States.
Therefore, the United States is eager to go through multi-party negotiations to solve the huge trade deficit caused by the excessive US dollar pricing, and on the other hand, it is more important to hit the United States' largest creditor country, Japan!
The square agreement was signed in this context.
"Mo Sheng, you mean that the United States chose Japan as the right target!"
This sentence woke up the dreamer. After hearing so many passages Mo Xuan said, everyone present, even if they didn't understand the "grudges" between the United States and Japan before, they had to think that the United States should indeed transfer the crisis.
With the United States' world's largest economic and military strength, there is no difficulty in achieving this. It is just a matter of which object to choose.
Now.
They really want to hear why it is Japan, Britain, and France. It seems that there are many suitable people.
"Yes!"
A loud affirmation expressed Mo Xuan's point of view very clearly, especially the confidence on his face, which made people unknowingly infected.
"Why is this man so powerful?"
In every girl's heart, she dreams that one day, a great hero with colorful auspicious clouds will come to marry him. Beauties love heroes. This is the law since ancient times.
In modern and modern Xiangjiang, Mo Xuan is the traditional "hero".
At least, in Li Jiaxin's eyes, Mo Xuan, who was waving in front of Bao Yugang, Li Jiacheng and others, was the brightest one in the audience, which made her heart full of passion.
"The US trade deficit is mainly Japanese, Germany, France and the United Kingdom.
Taking last year as an example, the total deficit of the United States was more than 120 billion US dollars, of which the trade deficit with these four countries accounted for at least half. If the trade imbalance with these four countries is solved, the trade deficit of the United States can shrink by more than 50%.
Comparing the bilateral trade and trade differences between the United States and other countries, the bilateral trade between the United States and Japan has the following characteristics:
First, the trade deficit between the United States and Japan was the earliest. The time when the United States had a trade deficit with Japan was in 1965, earlier than the time when the United States had a bilateral trade deficit with other trading partners. The United States' continued overall trade deficit pattern did not officially begin until 1976, more than 10 years later than the trade deficit with Japan;
Second, the US's bilateral trade deficit with Japan has the fastest growth rate, doubling on average in less than 4 years;
Third, the scale of bilateral trade with Japan and the scale of bilateral deficit is the largest.
Let’s take last year as an example. Last year, the United States’ exports to Japan were US$22.6 billion, about 10% of the United States’ export scale, while the United States’ imports from Japan were US$68.8 billion, accounting for about 20% of the United States’ import scale.
There is no doubt that Japan is undoubtedly the United States' largest trading partner.
The larger proportion is the US bilateral trade deficit with Japan. Last year, the deficit between the two sides reached US$46.2 billion, which is close to 40% of the total trade deficit of the US. Therefore, Japan has naturally become the main target of the US "governance" the trade deficit.
Don’t forget that this Japanese country has always been a little brother from the United States!”
Yes.
Japan has always been the younger brother of the United States.
So far, the United States has still stationed a large number of troops in Japan.
In this context, even if Japan does not want to appreciate its own currency, its big brother, the United States, will not agree.
In this way, Japan has only one way to go, that is, obey and cooperate. Perhaps the big brother may also show great mercy, so that the losses suffered by Japan can be a little less.
This is also a kind of comfort.
...
"A Xuan, why are you so powerful!"
Relying in Mo Xuan's arms, Li Jiaxin looked up at her man. Her eyes were full of admiration, admiration, and admiration. These emotions were about to overflow.
Just now, in the Jockey Club, so many bigwigs lost their majesty and majesty one by one, just like elementary school students, listening to Mo Xuan's explanation attentively.
This scene is really full of shock!
"Haha." Hearing this, Li Xuan just smiled faintly.
This "platz agreement" has such a huge impact on Japan, how could he not know that it is just a kind of "picking up people's wisdom".
Seeing the outline of the villa, Li Jiaxin blinked, looked at Mo Xuan affectionately, and sent out a moving invitation.
Chapter completed!