●Chapter 478 Spring Festival

"This may not work, Mr. Baker, the depreciation of the US dollar in the past two years has had a very bad impact on the international economic environment. Now the world is on the verge of an economic crisis. Especially in my country, the yen exchange rate has appreciated from 1 US dollar to 250 yen to 1 US dollar against 120 yen. The sharp appreciation of the yen has put a lot of risks in the Japanese economy. If this continues, it may lead to abnormal economic development. We no longer have the ability to drive the dollar value again!" Japan's Caisuo Takeshita no longer had the friendly attitude it was two years ago. He said firmly to Baker.

In the two years since the implementation of the Plaza Accord, Japan's stock price has grown by 1% every year at 30% of the land price every year, while Japan's GDP grew by only about 58 during the same period. Now almost all economists know that there is a huge bubble in the Japanese economy. Once a problem occurs at some point, the bursting of this bubble will hit the Japanese economy hard. Therefore, Takeshita's attitude is very firm this time, refusing to further implement the Plaza Accord and no longer making sacrifices for the United States. Japan must stay out of the matter. []

"The development of the US economy is related to the economic form of the entire world. If there is a problem with our economy, the world will fall into recession.

If we cannot cooperate to face this crisis, we will adopt strict economic and financial policies alone, which will be very unfavorable to you!" Seeing that the persuasion was ineffective, Baker had to take up the threatening stick and said to the finance ministers of several countries.

Takeshita and German Treasury Secretary Jehart Stordenberg frowned at the same time. They were very dissatisfied with the United States' attitude. Japan and West Germany have made some sacrifices for the development of the US economy. In their opinion, the crux of the US economic problem lies in the huge domestic fiscal deficit, and it is not a problem of excessive or low US dollar value. Now Americans are clearly trying to transfer their economic crisis to them. How can this be done?

Takeshita tilted his head and closed his eyes as if he didn't hear James Baker's words. He instantly turned into a retreat monk who was in seclusion and did not hear about the world. The Federal Finance Minister Jehart Stordenberg hesitated for a moment and said, "Your Excellency, the value of the German Mark against the US dollar has risen by 90. It can be said that we have faithfully implemented the Plaza Agreement. However, for this agreement, the German economy, especially the export industry, has also paid a huge price. Now you have just adapted to the new state. If you ask for a change in the exchange rate, it will cause our economy to fall into a new round of shocks, which is very unfavorable to us."

"Yes, I also think that the dollar value should be stable on the current basis for a period of time. The US government should no longer force other currencies to appreciate, but instead use domestic economic policies such as lowering government budgets to save the economy." French Finance Minister Pierre Bergber interjected.

Farran was also affected in the square agreement, with appreciation reaching 60%, and exports were greatly affected. If it weren't for the large order contracts of tens of billions of francs from Iraq, I wouldn't know what the French economy is now developing. So the French finance minister was angry with the Americans and also jumped out to sing a counter-tune at this time.

James = Baker knew that this meeting might not be able to gain any advantage. In terms of the Plaza Agreement, countries have helped the United States share the difficulties. However, the United States did not have time to enjoy the benefits brought by the Plaza Agreement, and the economy was hurt by the excessive depreciation of the US dollar. Now we are asking everyone to jointly help the US dollar appreciate. Although it seems to be beneficial to the export industry of various countries, at a time of international financial turmoil, helping the US dollar appreciate is likely to cause trouble and cause currency chaos in the country's currency.

James = Baker was a little desperate, but he still didn't want to give up. He decided to open the gap from Takeshita Dori first. He said sternly to Takeshita Dori who closed his eyes and pretended to sleep: "Treasury Secretary Takeshita Dori, Japan and the United States have a huge trade surplus. Japan's trade surplus with the United States in 1986 had reached 100 million yuan. What do you think about this issue?"

Takeshita was stunned and cursed in his heart that Americans began to threaten the old topic of trade surplus again. But before he could answer, James = Baker continued: "After the Plaza Agreement, Japan's foreign revenue and expenditure surplus has not weakened, with trade surplus reaching 77 billion US dollars and foreign exchange reserves exceeding 70 billion US dollars. Your overseas pure assets have increased rapidly, foreign investment has increased significantly, and overseas pure assets have reached 180.4 billion US dollars. From these aspects, hasn't Japan developed itself while helping the United States?"

Takeshita Toshita gritted his teeth, but looking at Baker's tough expression, he was still a little nervous, so he had to whisper: "Oh, our economy is indeed very difficult, but we have already started to develop, so..."

This meeting can be said to target developed countries such as Europe, the United States and Japan. However, after all, it was the Americans' retaliation against the Japanese. Moreover, the direct internal reason for this stock market crash can be said to be that Japan offended the people hidden behind the United States. In fact, it is an extension of the square agreement. Lin Yu remembered that on the day of the stock market crash, Japan's investment in the United States suddenly shrank a lot, and it was because of several industries.

If you offend the people behind the United States, you will know this by touching your toes. Of course, there are only two behemoths behind the United States, Morgan and Rockefeller. The Republican Party represents Rockefeller, and the Democratic Party represents Morgan. This has almost become an unwritten fact in the United States. As long as you understand American history and the American economy, you will know it.

It is now in the late 1980s. It is not the craziest time in Japan. Mitsubishi Heavy Industries has bought Rockefeller Square, the symbol of the Rockefeller family. This is like slapping the United States in front of the whole world and the Rockefeller family.

Moreover, the Empire State Building was also bought by a Japanese old man in 1992. It is said that this old man was extremely crazy. As one of the top rich people in Japan, he started operating in 1985 in order to buy the Empire State Building. Although the Empire State Building was on the surface of the Prouduns Insurance Company, Americans know that it belongs to Morgan, and its significance is still above Rockefeller Square. From a point of view, it can be seen how important he is. The Empire State Building can be compared with the Statue of Liberty in New York. This is tantamount to the importance of loving it.

With Morgan's strength in the United States, he still can't detect the actions of the Japanese old man? You can know without thinking. As for why Rockefeller and Morgan have such powerful power in the United States, one lost Rockefeller Square and the other lost the Empire State Building. Xu Ming didn't know this, and it could only be attributed to one operation and an unknown operation.

The signing of the Plaza Agreement in 1985 has greatly reduced Japan's local economy. Since 1985, its economy has continued to decline.

But Japan's local economy has regressed, while Japanese businessmen are still active all over the world, especially after the Plaza Agreement, large Japanese companies have taken money to seek overseas markets. Among them, the United States is the most. During this period, some very important American companies were acquired by the Japanese.

Americans are scared, Americans are crazy. They are afraid that one day, the White House will be acquired by the Japanese.

In fact, this is also a slight nature in the bones of the Japanese. In ancient times, Japan was affiliated with China and had always thought about trampling China under its feet. So this idea has been the dominant idea of ​​the Japanese. After World War II, the Japanese were affiliated with the United States, so they also thought that one day they would bite their second master to death. This is the character of the Japanese.

Lin Yu didn't know that the convening of the proposal was held. At this time, the whole of China was preparing for the New Year.

On the 28th day of the twelfth lunar month, Lin Yu was organizing firecrackers and Spring Festival couplets and other essential things for the New Year.

On the 29th day of the lunar calendar, Lin Yu began to post Spring Festival couplets. Although he lived in the military district, he still posted Spring Festival couplets in many places. This is also to make soldiers feel that they have the atmosphere of the New Year. They are already out and cannot gather well during the New Year, which is also a problem for the soldiers’ psychology.

On New Year's Eve, the family was busy packing dumplings, and then they were waiting for the Spring Festival Gala to be broadcast. The Spring Festival Gala was still very exciting at this time.

On the first day of the Lunar New Year, the traditional Chinese Spring Festival in China, the first day of the New Year.

Lin Yu cheered up and stood in front of the door to greet the guests. Lin Jianguo went out early in the morning, and Lin Yu accompanied Mr. Lin at home to wait for other people's visits. Although he did not need to do this as Lin Yu, those who could come to the Lin family could basically be considered Lin Yu's elders. They all came to greet Mr. Lin. Lin Yu had to respect each other for his feelings and reason.

The Chairman and the Prime Minister led the team, dozens of people walked into the military region together. It was only eight o'clock at this time, and Lin Yu had been waiting outside for a long time. According to the customs of previous years, the Chairman and others visited Mr. Lin immediately after visiting the old man.

No one has any objection to this point. Everyone sees the strength of the Lin family. If there is any, there is only jealousy and envy. Who made their family not have a person like Lin Yu? People from other families can understand that the Lin family has gradually developed because of Lin Yu's alternative. If Lin Yu had not had the huge influence abroad, the Lin family would not have reached the point today.

The Chairman, Prime Minister and others entered the old man's yard and saw Lin Yu standing outside waiting for the first time. The Chairman smiled and said to everyone: "Haha, it's a privilege to talk about it. There are not many people who can let Xiao Yu wait outside in person."

"I guess Mrs. Thatcher and Reagan are not treated for luck, haha." The Prime Minister also said with a smile.

Everyone laughed loudly after hearing this.
Chapter completed!