The 1964 Tokyo Olympics was regarded by countless Japanese as the beginning of a prosperous national destiny.
It was the first time in human history that the Olympic Games were broadcast via satellite.
Coubertin, the founder of the modern Olympic Games, 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 to a modern industrial country, and achieved rapid rise.
When "Made in Japan" can be seen in every corner of the world, the world begins to marvel at the miracle of Japan, and people generally believe 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 business circles around the world.
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 Japanese people able to go to the United States, but more and more people are studying in Europe.
Moreover, 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.
And their income when they return to Japan will be much more than if they stayed overseas.
What's interesting is that it was exactly when Japan was rising.
The United States has gone in the opposite direction, mired in 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 was 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 Japan's economy to fall into a "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.
One is 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 remain security allies.
The first threat facing the United States still comes from the Soviet Union, and it has no 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.
So why did the West German mark and the sun and the moon also appreciate significantly, but Japan's economic problems did not occur?
Third, if the Japanese yen appreciates excessively due to U.S. intervention.
So 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 US dollar has depreciated and the yen has appreciated, which has been moving firmly in the same direction since the agreement.
Even after the economic bubble burst, there was no going back.
So this also means that after the Plaza Accord, although the Japanese 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 from 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.
As for the nature of this matter, if we analyze it based on Hong Yanwu's understanding of historical evolution and what he learned from his father, 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's 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" in vain, and I didn't even learn the principles of being greedy, doing things to the extreme, acting within one's ability, and not stopping when enough is enough.
Not to mention recognizing the need to "balance interests" and "pursue harmony."
So the sudden wealth 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.
Instead, 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 flames.
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 this is such a nation.
Then it is inevitable to pretend to be the 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.
Even though it is possible to obtain this bonus, it takes a lot of effort compared to things such as monkey tickets, 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 snowballing 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.
Moreover, 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 take advantage of this to eat both ends and increase your money utilization 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.
What's more, with 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 also 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 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, immediately began 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.
Mitsui Fudosan, the largest housing 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 growth rate 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 dollars.
But he didn't expect Hong Yanwu to tell 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 profit 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 the right thing to do according to Hong Yanwu's idea.
The only thing that makes me depressed is "reach out".
He was in the jubilant and joyous business hall of Toyo Securities Company, but his fists were almost clenched into his flesh.
Because as long as "Tang Xin'er" 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 can't 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.