Chapter 237: Sword aims at Japan!

Chapter 237: Sword aims at Japan

"Haha, if he doesn't have some skills, he can't become the president of the United States." Mr. Lin said with a smile.

Lin Yu nodded. Indeed, it is not something that anyone can do if they want to be the US president. Almost every US president breaks out of the siege and then successfully reaches the top. Just like President Reagan, if you want to become the US president, you must first join a member of the Republican Party or the Democratic Party, and then get a nomination within the party. This is just the first step. In the Republican Party or the Democratic Party, there are many talents in it. It can be said that it is difficult to win the nomination within the party and become a presidential candidate.

In the 1980 Republican election, Reagan lost to Bush at the earliest vote at the Iowa Party Conference, which later Bush, but he eventually won a great victory in the votes in other states and became the Republican nominated presidential candidate. In the National Convention, Reagan originally sought Gerald Ford as vice president, but it was not achieved in the end. Instead, Reagan chose to nominate his opponent Bush as his partner. Bush has many traits that Reagan did not have - lifelong Republicans, veterans on the battlefield, and international experience as director of the CIA, director of the US office in China, and ambassador to the United Nations. Compared with Reagan, Bush has a more economic and political stance. For example, Bush once called Reagan's comprehensive tax cut policy of 30 "voodoo economics."

The result of the 1980 presidential election. In the election, William Casey was in charge of the campaign plan of Reagan's camp. His strategy was to target the issue of the Iranian hostage crisis at that time. The news media continued to report on the failure of the Carter administration to save hostages every day, and many analysts believed that this was the main cause of Carter's defeat. At the same time, Carter was unable to solve the rising inflation and unemployment at the time, slow economic growth, and unstable oil market caused long queues in front of gas stations, making voters more aware of the weaknesses of the United States in national defense.

When talking about the economy, Ronald Wilson Reagan said: "I tell you that I cannot use the word depression. Let me tell you these definitions: an economic recession means that your neighbor is out of work, and an economic recession means that you are out of work. The economic recovery means that when Carter is out of work."

Reagan's performance in the TV debate also improved his election, and he looked more at ease than Carter during the debate. It was a period of rapid inflation and bank interest rates in the United States. He gave a very powerful answer when answering audience questions: "Do you think your life is better now than four years ago?"

It is precisely because of that infectious speech that in the 1980 election, Reagan defeated Carter and became the new president of the United States. It can be said that not everyone has the ability to become president of the United States.

However, Lin Yu never understood Reagan. As a president who thought he was an actor, he had no understanding of the economy, but he had his own opinion on the economy. Although "Reagan Economics" is not very classic, it directly mentioned the economic crisis and response measures of the United States. If it weren't for knowing about Reagan before, Lin Yu would even doubt whether Reagan was reborn like him.

...

Without paying attention to this, President Lin Yu directly began to study the "Platform Agreement".

After World War II, Japan's economy recovered rapidly, and economic development told the development that in 1985, Japan replaced the United States as the world's largest creditor country. Products made by Japan are flooding the world. The crazy expansion of Japanese capital made Americans exclaim that "Japan will occupy the United States peacefully."

Many large American manufacturing companies and members of Congress began to sit still. They lobbyed the US government and strongly demanded that the Reagan administration intervene in the foreign exchange market and depreciate the US dollar in order to save the increasingly depressed US manufacturing industry. Many economists also joined the lobbying government to change the stance of the strong US dollar.

Due to great fear of Japan and pressure from the United States, in September 1985, the U.S. Treasury Secretary, the British Treasury Secretary, the French Treasury Secretary, the Federal German Treasury Secretary and the Japanese Treasury Secretary, and the governors of the five central banks held a meeting at the Plaza Hotel in New York to reach a joint intervention in the foreign exchange market by five governments, so that the US dollar would be lowered in an orderly manner against major currencies to resolve the huge trade deficit in the United States. Because the agreement was signed at the Plaza Hotel, the agreement was also called the "Square Agreement".

The agreement stipulates that the Japanese yen and Mark should appreciate significantly to recover the overvalued US dollar price. After the signing of the "Platform Agreement", the five countries jointly intervened in the foreign exchange market, and countries began to sell the US dollar, which then formed a selling frenzy among market investors, resulting in a continued sharp depreciation of the US dollar.

It was this incident that kicked off the outbreak of Japan's economic crisis. As a staff member of the stock office, Lin Yu is not unfamiliar with this matter. It can be said that the United States forced Japan to sign the agreement with a gun. Whenever he saw this, Lin Yu shook his head and was a little gloating.

Lin Yu thought about this matter carefully. Lin Yu knew that after the signing of the square agreement, the depreciation of the US dollar and the appreciation of the yen, the appreciation of the yen was very crazy after that.

Lin Yu thought carefully that Lin Yu was very happy to make money from Japan. The Japanese are very rich and also have Japanese land. It can be said that Japan in the late 1980s was the craziest time for virtual property. If you don’t make money at this time, you would be too sorry for your Japanese friends.

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

Jason and others did not attack the UK after Lin Yu and Mrs. Thatcher talks. Now, to be precise, it should be a cooperative relationship with the Conservative Party. At this time, it is unreasonable to attack the UK in any way.

Therefore, according to Lin Yu's instructions, some of the people stayed in the UK and were responsible for acquiring shares of some British companies. They did not want to acquire more, as long as they could hold some of the shares, and they also divided the remaining people into two parts, part into Japan and part into the United States. According to Lin Yu, the US dollar and the Japanese yen will change in the next step. Jason never doubted what Lin Yu said.
Chapter completed!