Return To 1977 Chapter 1060: Just getting started

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The 1964 Tokyo Olympics was regarded by countless Japanese as the beginning of a prosperous national fortune.

That was the first time in human history that the Olympic Games were broadcast via satellite.

Coubertin, the founder of the modern Olympics, said, "The essence of life is not to obtain, but to strive."

The Japanese have been proud for more than ten years since then, and have been entering the 1980s with excitement.

Relying on advanced management methods and hard work, they take the steel, automobile, electromechanical and semiconductor industries as their main foreign trade directions.

It completed the economic transformation in a very short period of time, transformed from an agricultural economic country into a modern industrial country, and achieved rapid rise.

When "Made in Japan" could be seen in every corner of the world, the world began to be amazed by the miracle of Japan, and people generally believed that "the future will be the era of Japan."

For this reason, the view that "American Silicon Valley companies should learn from Japanese companies" has begun to emerge in the United States.

"Toyota Management" and "Matsushita Konosuke" have become the most popular research topics in the business circles of various countries.

At the same time, more and more people hope to work in Japanese companies in the future.

This has made Japanese, which was originally a minor language, become very popular.

Even Japanese students overseas have undergone tremendous changes.

Not only are there more and more people in Japan who are able to study in the United States and Europe.

And these international students are becoming more and more united.

They are no longer keen on communicating with countries of other races, and often choose to return to China after their studies.

This is because they all know that only classmates from their own country will become their future network resources.

Their income back in Japan will be much more than if they stayed overseas.

Interestingly, it was precisely when Japan was rising.

The United States has gone in the opposite direction, sinking into a manufacturing recession.

Its trade deficit and Japan's trade deficit are increasing rapidly at the same rate as Japan's strength.

So when the manufacturing industry failed in the head-on competition, the United States decided to use exchange rate tools.

So, September 22, 1985, at the Plaza Hotel in New York.

There is also the "Plaza Accord" jointly issued by the finance ministers of the United States, Britain, France, West Germany, and Japan.

This will induce the exchange rate to appreciate toward the Japanese yen and German mark, and the U.S. dollar to depreciate.

It is worth mentioning that there is almost no controversy about this agreement in the eyes of ordinary people in our country.

Many people believe that it is a huge conspiracy carefully planned and implemented by the United States to snipe the rise of Japan.

The "Plaza Accord" is the main culprit that caused the Japanese economy to fall into the "Lost Decade".

Japan was forced to follow the American routine and lose its bottom.

But in fact, if you think about it carefully, you will find that this view cannot withstand rigorous scrutiny.

First, it was because it was at the height of the Cold War.

Although the trade friction between the United States and Japan is becoming increasingly fierce, the two sides are still security allies.

The number one threat facing the United States still comes from the Soviet Union, which does not have the motive to comprehensively contain Japan.

Second, it is true that the agreement caused the appreciation of the yen, because this is exactly the purpose of the agreement.

But don't forget, the "Plaza Accord" was not an agreement only for Japan, West Germany was also included.

Then the West German mark and the sun and the moon also appreciated significantly, but Japan’s economic problems did not occur?

The third is if the Japanese yen appreciates excessively due to US intervention.

In the long run, this imposed factor is unlikely to be effective for the exchange rate in the long run.

Sooner or later, the Japanese yen will move closer to the equilibrium exchange rate, and it will inevitably depreciate one day.

But this scene did not appear.

On the contrary, the trend of US dollar depreciation and Japanese yen appreciation has been moving firmly in the same direction since the agreement.

Even after the economic bubble burst, there was no going back.

So this means that after the Plaza Accord, although the yen appreciated significantly, it did not deviate from the equilibrium value. Instead, it moved closer to the equilibrium exchange rate.

This shows that there is no causal relationship between the appreciation of the yen and the "lost decade" of the Japanese economy.

This agreement is just a tentative measure taken by the United States to save its own economy.

Unfair is unfair, and domineering is domineering.

But at the beginning, Uncle Sam's biggest hope was to increase the competitiveness of U.S. exports and other countries' imports of U.S. goods.

It is far from being said that this will completely sweep away the wealth of the Japanese government and people.

The nature of this matter can be analyzed based on Hong Yanwu's understanding of historical evolution and what he learned from his father. I'm afraid we can only draw one conclusion.

That is because the Japanese are limited by the greedy nature of the small country and the lack of overall perspective.

It is possible to create wealth, but it is impossible to keep it.

In fact, the appreciation of the yen has both disadvantages and advantages.

If Japan can seize the opportunity at the right time and carry out overall economic transformation.

Not only can it continue to thrive, it may even be better than it is now.

It is a pity that their cultural heritage is insufficient and they never know how to learn lessons from history.

I experienced a defeat in the "World War II" for nothing, and I didn't even learn the principles of being greedy, being greedy, doing things within my capabilities, and stopping in moderation.

Not to mention recognizing the need to "balance interests" and "pursue harmony."

As a result, getting rich suddenly harmed them, and they were unable to control the wealth that fell from the sky.

They are like a poor man who worked hard to dig out a gold mine and forgot about it while holding the gold in his hand.

On the contrary, he disliked the fact that mining was too tiring, and invested this wealth that could buy the world into unbridled consumption and gambling-like speculation.

The government not only fails to warn and control this, but also frantically adds fuel to the fire.

This resulted in Japan as a whole missing an opportunity for economic transformation and losing all its savings.

Who can blame you?

Of course, since it is such a nation.

It is inevitable to pretend to be a victim afterwards, shift all the blame to others, and not examine your own mistakes.

This may be the real reason why "conspiracy theories" are so popular.

But having said that, no matter what the truth is, it actually doesn't matter to Hong Yanwu.

Because he only needs to know that he finally got what he wanted and got the second big gift package given to him by the times on time.

Although it is possible to obtain this bonus, it is a lot more laborious compared to things such as monkey tickets, cultural toys, calligraphy and painting, and antiques that are easily available and can increase in value just by lying down.

There is no room for exaggerated wealth growth by thousands of times.

It is a **** game of growing capital. The advantage lies in the large amount of wealth that can be accommodated, the speed of doubling, and the many financing leverages and investment tools.

And Hong Yanwu has a good grasp of the general trend of the Japanese stock market and property market.

He knows that all ups and downs are long-term, and the turning point is also quite clear.

You can completely take advantage of this to get both ends, and increase the utilization rate of money to legendary levels.

Then the wealth that can be obtained will still be astonishingly huge.

The most important thing is that what he harvested was Japanese leeks.

As long as the citizens of the Republic vote for this, they will definitely feel the pleasure of revenge.

Not to mention such a once-in-a-lifetime opportunity, it wouldn’t be silly to just make some US dollars.

Compared with the careless Americans, he is the one who really sharpens his sword and adds insult to injury. The interest he charges is not as simple as money.

You absolutely have to plan your goals and routines carefully, and take out all the bezoar and dog treasures you have.

As for other people involved in this matter.

Maybe it’s because I can’t see the future clearly and my vision is limited, or maybe it’s because I’m on the front line of the speculation scene.

The "Plaza Accord" caused a tsunami-like shock to almost all speculators in Japan.

No one can remain calm, and their emotions inevitably become excited.

Because on September 24, just as the Japanese government began to sell U.S. dollars as promised, it triggered a rapid appreciation of the yen.

The Japanese stock market, which was already in an upward channel, also immediately started to rise like a blowout.

And the biggest impact is also concentrated on the financial and real estate industries.

On the same day, Japan's largest home builder Daiwa House Co., Ltd. rose 5%.

Mitsubishi Estate, the largest real estate company, rose 6 percent.

Shares of Mitsui Fudosan, the largest real estate agency, rose 3 percent.

But this was just the beginning, because in the following week, these companies continued to rise every day.

The real estate sector’s cumulative average increase is as high as 15%, making it the brightest pearl among all sectors.

This made Hong Yankang, who had just completed the stock purchase a week ago, call it a fluke.

For this reason, he quickly contacted Hong Yanwu.

First, he excitedly praised him for his ability to predict events, and then happily reported the good news.

It is said that their assets have reached 1.1 billion yen. If arrears are excluded, they have made a profit of 50% according to the exchange rate.

A full one million US dollars.

Unexpectedly, Hong Yanwu told him calmly that this was just the beginning.

Compared with Hong Yankang, the "Tangxiner" group who entered the market two or three months earlier are even more excited.

Because her capital of 260 million has now become 310 million, with a gain of 50%.

According to the latest exchange rate, that would be a profit of half a million US dollars.

This is much easier and faster than stealing.

So as a shareholder who participated in this investment, everyone feels very happy.

Everyone couldn't help but praise "Tang Xin'er" for his wise and decisive decision. It was right to follow Hong Yanwu's idea.

The only thing that is depressing is "reaching out".

He was in the jubilant and beaming business hall of Toyo Securities Company, but his fists were almost clenched into his flesh.

Because as long as "Tang Xin'er"'s price rises another 30% from the current level, he will lose the bet between them.

Of course he hates such a rise to his core, and even making money cannot make him happy.

There is no doubt that among those who are long on the stock market in Japan, he is the most special one.