This time, America was rebelled by her younger brother, and was forced to agree to devalue the sword. It was a helpless move. Europa's younger brother and Japan worked together to take advantage of America's problems and the evil forces rebelled. They were completely taking advantage of the situation.
Of course, there was also America's own tricks to pass on the economic crisis, which allowed America's allies in Western Europe and her own son Japan to successfully unite to fight against America.
America is very powerful, but facing the persecution from Europa's allies and Japan's own son, America really has no choice but to disagree this time.
The defeat in the Annan War that lasted for many years has dragged America's economy into a quagmire, and America is now at the height of its power. America can take a breather. If America breaks up with its Europa allies again, it will really have to fight with the European Union.
Mao Xiong failed miserably in the competition and eventually became a second-rate country.
Japan and Germany took advantage of this opportunity to develop their economies rapidly, and America's automobile industry also suffered a heavy blow. It successfully changed from the world's largest automobile exporter to the world's largest automobile importer. However, America could only fight.
He broke his teeth and swallowed it in his stomach.
At the same time, America's multinational giants have also carried out industrial transfers, allowing America to start the process of industrial hollow flower.
With the hollowing out of the industry and America's economic recession, there has been a massive outflow of capital from America. America has entered a period of inflation. The unemployment rate of workers has also continued to increase, and domestic conflicts have become increasingly serious.
.
The entire 1970s was very unfriendly to America, second only to the Great Depression of the 1930s in terms of damage to America. Peanuts could only watch the rapid development and expansion of Europe, Japan, and Southeast Asia.
Be stronger and create greater glory.
I have to say that Mao Xiong was really awesome at this time. He forcefully forced America, the world's largest GDP, to cower and go from an all-out offensive state to an all-out defensive situation, leaving America unable to do anything but watch even if she didn't want to.
My little brother’s rapid development, I can’t even express a single MMP out of ten thousand words in my heart.
But your uncle will always be your uncle, and your little Japanese America’s father will always be your America’s father. No matter how well your biological son develops, he will always be your biological son. No matter how strong your younger brother becomes, he will always be your younger brother, and he will never be able to defeat you.
Kiss dad, kiss big brother.
Things are changing. I came to my house today. After entering the 1980s, Mao Xiong's economy entered a recession stage, but America was once again rejuvenated. Now that she has risen, she must regain the lost place in the past.
In 1985, America forced her younger brother, Japan, to sign the Plaza Agreement with Germany. I had to spit out everything I had eaten. If spitting it out alone was not enough, I would have to pay a large amount of compensation, and the mental damages should not be less.
His biological son Japan was completely ruined by his biological father America, and the history of Japan was also called the "Lost Twenty Years".
In the following decades, the entire Japanese society remained unchanged in all fields;
The younger brother West Germany was also half disabled by the eldest brother America. However, West Germany was lucky. It encountered the great changes in Eastern Europe and the merger of West Germany and East Germany only escaped from America's clutches.
Zhang Zhonghua remembered the so-called "America 60% Alert Line" that was widely circulated on the Internet in his previous life. That is, whether it is a country or an alliance, as long as it reaches the "America 60% Alert Line", it will suffer from America's crazy suppression.
Japan's GDP once reached 60% of America's in the 1980s, but the result is self-evident: America was crippled by her biological father;
Mao Xiong’s GDP reached 60% of America’s, and finally everyone knew;
Zhang Zhonghua looked at the email sent by the Asian Associated Press and sighed. The impact of the disintegration of the Bretton Woods system was really great, and it made the whole world in chaos.
Foreign exchange speculation will go down in history when currencies are floated. In 1997, a gold crisis broke out in Asia. America wanted to exploit Asia through floating exchange rates.
Zhang Zhonghua could only shake his head helplessly when he thought of Hong Kong dollars. The Jade Emperor Group would not reserve Hong Kong dollars. This thing is almost useless in the world. No matter how verbose you are, I will press it with hundreds of billions of dollars.
You also have to give in and leave.
The Hong Kong dollar is now pegged to the pound, and has continued to depreciate significantly in recent years. When the pound changes to a free-floating currency next year, the Hong Kong dollar will begin to be pegged to the pound again, implementing a regulated fixed exchange rate.
In 1974, the Hong Kong dollar began to implement a floating exchange rate with the Hong Kong dollar.
In 1983, due to the depreciation of the Hong Kong dollar caused by future problems, the black market exchange rate was 11 Hong Kong dollars per dollar, and later changed to a permanent fixed exchange rate of 7.8 Hong Kong dollars per dollar.
I have to say that the influence of the depreciation of Daole is everywhere, but the depreciation of Daole has no impact on the Yuhuang Group, and there are still a lot of benefits. No matter what, the Yuhuang Group does not lose money, and even makes some profits.
.
This incident caused a huge sensation around the world.
Dongying, Dongjin, Marunouchi.
Satomi Kotarō looked at the Asahi Shimbun in his hand and felt very excited. The damn Toraku was finally going to depreciate, and his country's Japanese currency was going to appreciate.
This time the currency was forced to depreciate by 7.89%, and the official price of gold increased from 35.2 USD per ounce to 38.8 USD per ounce. However, the exchange rate of the Japanese currency has only been adjusted to 350.7:1, and the Japanese currency has only increased by 2.78%.
"The exchange rate adjustment of our Japanese currency is too small. Before World War II, our Japanese currency could be 4:1. If it returns to the pre-station level, then..."
Satomi Kotarō said a little depressed, while fantasizing about unrealistic dreams.
"It's too expensive. Things are different now. The major currencies of various countries have begun to float freely. As long as the currency continues to depreciate and our Japanese currency continues to appreciate, that day will definitely come."
This chapter is not over yet, please click on the next page to continue reading! Acer Ando said with a smile.
"If the appreciation this time reaches 10%, then we will have money."
Satomi Kotarō said excitedly.
"You can't rush this matter. Even if the value rises, it's best to wait until the second half of next year for the appreciation. e=(′o｀*))) Alas, this is really not as good as God."
Ando Acer said helplessly.
"What's wrong?"
Satomi Kotarō asked curiously.
"I previously purchased a Jade Emperor bond worth 50,000 dollars at a time. The exchange rate at that time was 360:1. If the exchange rate appreciates too fast, not only will I make money, but I might even have to repay the money to the Jade Emperor Group.
Therefore, the exchange rate cannot rise too fast."
Ando Acer is extremely depressed. The three-year interest of 50,000 dollars is almost 61,200 dollars of principal. Now the exchange rate has increased by a full 2.78%. The interest rate of Jade Emperor Financial Bonds has been equal to that of time deposits. So he still has to buy the bonds?
What's the point?
If the exchange rate were to increase to 10%, it would be equivalent to paying money back to the Jade Emperor Group. The current Jade Emperor Financial Bonds are simply a huge pit.
"That's true, but fortunately I was a little late when I bought the Jade Emperor Financial Bonds. If they appreciated by 10%, I would have made a lot of money."
Satomi Kotarō looked at Ando Acer sympathetically. He had bought Jade Emperor Financial Bonds but had been frustrated for several days. It was a blessing in disguise. In this life, there are really surprises everywhere!
…
Ginza, Citibank branch.
Philippe Anziani is extremely depressed. He has just received news from the headquarters. It is said that Daole may experience a substantial depreciation next year. He really can't even tell the story of his suffering now.
When Filippo Anziani was in office, his predecessor made a one-time purchase of 1.5 billion Yuanhuang Group financial bonds. Now, with the free floating of the exchange rate, this bond has already suffered a certain degree of loss.
If the Japanese currency exchange rate fluctuates by more than 7%, Citibank's losses will be huge losses in the hundreds of millions. Although it was purchased by his predecessor, as the current person in charge, he still has to bear certain responsibilities.
Philippe Anziani felt like crying when he thought about the cheating exchange rate. His only hope now is that the currency will not depreciate again before May next year. If it continues to depreciate, he really won't be able to withstand it.
"President, the headquarters has just issued the latest instructions, requiring us to convert all the doroki reserves in Japan into Japanese coins. At the same time, the headquarters will transfer 10 billion doroki to Japan to exchange for Japanese coins."
John Stephenson said.
"Okay, you immediately arrange for people from the securities department to handle this matter, and take these knives to the Dongjin stock market for a spin. This is the only way to reserve them into Japanese coins."
Philippe Anziani gave the order without any hesitation.
"No problem, Japan's stock market is also rising now, so we can make up for the losses, damn exchange rate floating, damn Jade Emperor bonds."
…
Gaul, Paris, Rothschild Bank.
"Respecting Mr. Rothschild, the exchange rates of pounds, francs, marks, lira, Dutch guilders, etc. have increased a lot, and our currency reserves are now only more than 60 billion."
Zet Jucasa said.
"The exchange rate is floating, which is interesting! It seems that another good game is about to start. In the future, you can not only speculate in stocks, but also in foreign exchange. It's interesting, interesting."
Edward Rothschild said with a smile.
Edward Rothschild also laughed when he thought of the World Bank. The Rothschild family is the largest shareholder of the World Bank. Thanks to the disintegration of the Bretton Woods system, they now have a lot of gold reserves in their hands.
The Rothschild family and the Morgan family are the major shareholders of the American Federal Reserve. Even if America wants to print money, it has to mortgage next year's taxes to the Federal Reserve. They can't receive any information about such a big economic change.
, it will not affect them at all.
"Another point is that our 5 billion dollar financial bonds in Yuhuang Group have begun to lose money. If the dollar continues to depreciate, the losses will be inestimable.
Moreover, what we purchased is a 5-year financial bond. If Dole continues to depreciate in the next few years..."
Zet Jucasa said cautiously.
Zet Jukasa now really feels that the bonds of the Jade Emperor Group are a big pit. Now the currency is constantly depreciating, while other currencies are constantly appreciating.
After a while, their losses to Rothschild Bank may exceed 1 billion dollars in the end.
"What a lucky guy. It seems that we can no longer buy bonds from private groups in the future. I didn't expect that such a big pit would appear in Daole, and I got trapped in it."
Edward Rothschild was also a little helpless. At the beginning, they basically used pounds, francs, and marks to buy bonds. But who would have thought that the Bretton Woods system would disintegrate and enter the era of floating exchange rates.
"Then what should we do with the Dao Le reserves in our hands?"
asked John Burns.
"Lend to those countries in Latin America. Aren't countries like Samba, Cactus, and Argentina all applying for credit loans? If they want it, then lend to them!"
Edward Rothschild said with a smile.
"Will America transfer the crisis to these countries in South America? If so, the losses may be considerable."
John Burns said with some worry.
"You don't have to worry about this. The size of South America cannot withstand America's crisis transfer. America's main targets are Europe and Japan."
…
Hong Kong Island, Kowloon, Tsim Sha Tsui.
The newsstand owner looked at the newspaper in his hand and marveled. Daole was finally forced to depreciate, which was really satisfying. The lower the depreciation, the better.
The Hong Kong dollar has been depreciating along with the British pound in recent years. It makes me cry just thinking about it. Now that the British pound has appreciated, the Hong Kong dollar can also appreciate accordingly.
This chapter is not over yet, please click on the next page to continue reading! The newsstand owner thought of the current stock market. In more than two years, his original investment has doubled several times, and stocks have risen much faster than houses.
Four months ago, I was able to withdraw 100,000 Hong Kong dollars from Jade Emperor Bank to buy gold. Now the price of gold has doubled. It’s so cool!
Thinking of this, the newsstand owner hummed happily!
"Boss, why are you so happy today?"
Lao Yan said with a smile.
"It's necessary, I'll treat you tonight..."
…
Central, Global Shipping Group.
The Charter King looked at the Jade Emperor Daily in his hand and felt very emotional in his heart, Daole was finally going to depreciate in value.
"Zhang Sheng is really lucky. The devaluation of Dao Le should make him a lot of money."
Su Haiwen said enviously.
"The Jade Emperor Group issued $12.2 billion in financial bonds in May 1969. These financial bonds will not mature until next year, and Rothschild Bank's $5 billion will not mature for another two and a half years.
At the beginning, the funds absorbed by the Yuhuang Group were mainly Japanese coins, pounds, francs, marks, etc. After the financial bonds matured, the settlements of the Yuhuang Group were mainly Daole.
Daole depreciates and other currencies appreciate, and the price difference in between is double. If Daole continues to depreciate...
Not to mention earning interest on the financial bonds of Yuhuang Group purchased by those institutions, if the exchange rate fluctuates a little more, those institutions will lose a lot of their principal." Su Haiwen joked.
"Haha, Xiao He is really amazing. This financial bond not only saves interest, but also makes a fortune."
The chartering king was very envious when he thought of Zhang Zhonghua, so he had to give Xiao He a treat to celebrate. Not only did the financial bonds go to waste, but he also made a lot of money.
