Chapter 1666 [Ah Mei breaks the defense in a fancy way]
In the next year, Fang Hong will also attack OMG's existing industrial manufacturing to death. The specific reaction is to pursue the BBA series of products, directly destroy them, and turn Xiao Dezi's Industry 4.0 into 0.04.
This forced them to control costs and reduce costs in order to survive, so they had to close down their local factories in Europe and relocate to a large Eastern country.
The great Eastern country still firmly occupies the status of the world's strongest industrial manufacturing country and the strongest industrial manufacturer in the history of human civilization. The industrial manufacturing goods needed by the whole world can only be purchased from the East, so its position on the export side is stable.
Once industrial manufacturing declines, it is almost impossible to revive it. Not to mention whether there is the ability to revive it, even if it is, it will take a long time.
Time will bring huge variables, and the big Eastern countries are changing every year. When they revive their industries, they will find that the things they just picked up are already obsolete products, because the technology of Eastern University has already stopped leading.
It is impossible to stand still while they revive industry.
The sharp strengthening of the offshore exchange rate has made the RMB suddenly a hot commodity in the global market. People holding US dollars in their hands are rushing to exchange for the RMB. Seeing the intensity of the three consecutive jumps in appreciation, Bengbu is really shocked.
The US dollar devalued by 4.23 percentage points in just three days, especially those with large funds. US$100 million shrank by US$4.23 million in three days.
Who can withstand this?
Many countries are now quietly hoarding RMB, and RMB accounts for an increasing proportion of each country's foreign exchange reserves.
Because the big Eastern countries are trying to leverage the hegemony of the U.S. dollar in various aspects, such as bilateral currency swaps, borrowing U.S. dollars to repay RMB, those countries or economies that have borrowed U.S. dollars from Qunxing Group are quietly increasing their foreign exchange reserves in RMB.
, it will be easier to pay back the money in the future, because Qunxing Group will honor its promise to pay back the money in RMB when the time comes.
After entering three consecutive periods of violent appreciation, the offshore RMB exchange rate did not continue to appreciate wildly, nor did it fall back and fluctuate violently. Instead, it stabilized in the range of 5.9800 to 5.9500.
The sudden appreciation is too severe, and companies engaged in foreign trade cannot bear it. Generally speaking, just keep the RMB stable and rise.
…
Monday, February 15th.
At this moment, Fang Hong was enjoying the Spring Festival vacation, but Tian Jiayi came to him at this time and told him a piece of news.
"Just yesterday, Bei Magnesium seemed unable to sit still. The Ministry of Magnesium Finance publicly questioned, saying that my country's customs data showed a surplus of US$1.39 trillion in 2020, and Qunxing Capital also made a crazy profit of US$3.13 trillion, but the data from the Administration of Foreign Exchange The surplus is only 1.5 trillion U.S. dollars. Beijing Magnesium asked the two of you why the data of your department do not match up? How come there is a gap of 3 trillion U.S. dollars?"
The beautiful assistant who came to Fang Hong relayed the news.
Needless to say, the customs data and the SAFE data do not match up, and there is indeed a huge gap of US$3 trillion.
Last year, the SAFE had a data surplus of US$1.5 trillion, of which the US$3.13 trillion harvested by Qunxing Group was divided into three parts. About US$1 trillion of this wealth flowed back to the mainland. After excluding this part, the SAFE
The Bureau's surplus figure should be around US$500 billion.
When Fang Hong heard the news, he immediately smiled indifferently, with a bit of sarcasm on his face: "Lao Mei, apart from breaking defenses every day, there is really no other new job, it's nothing..."
In fact, Ah Mei is so concerned about the data of Dongda University because he knows that the Eastern big country earned a lot of money in the world last year, and it did not get it back at all. A considerable part of it was never recorded in the accounts of the State Administration of Foreign Exchange.
They went directly to buy mines and build factories all over the world, focusing on making money outside and spending money outside.
This is the reason why it is difficult for Ah Mei to break through the defense again, because what Dongda does will seriously hinder Ah Mei's "dollar tide" from harvesting the world, but it is just for this reason.
The biggest problem facing Ah Mei right now is actually not the external war risk, nor the proliferation of internal shootings, nor the zero-yuan shopping and xidu homeless people all over the streets. Although these may look scary, their impact is actually very small.
What really made Ah Mei break his defense was: How come the economies of other countries haven’t had problems in the past few years? Why haven’t any of them collapsed?
This is the crux of the matter.
Because if other countries don’t have problems or collapse, Ah Mei won’t be able to harvest their wealth!
Ah Magnesium's previous harvesting pattern was that there was a dollar tide every other cycle. The first step was to raise interest rates first. Adding the interest on top of that would make the attraction even greater. When money from all over the world saw Ah Magnesium's interest rates being so high, they all
Start exchanging U.S. dollars to buy U.S. bonds. The generous interest rates are attractive to ordinary people, let alone those who are looking for stable remote large funds.
After entering the interest rate hike cycle, all the money in the world flows to Beijing Magnesium. Then other countries will definitely be short of money, foreign exchange will be tight, asset prices will fall, and even some unlucky countries will directly experience economic collapse, and then factories will close down and real estate will collapse.
, can only start selling assets at a low price.
At this time, all the money in the world was in the hands of Ah Mei, and no one else could afford it. Only Ah Mei could afford it, and then he began to buy cheap core high-quality assets from various countries.
La Magnesium in the 1980s, Benzi in the 1990s, Southeast Asia in 1997, etc., have all been harvested in this way.
Entering the new century, what Ah Mei wants to reap most is the wealth dividend accumulated by Dongda over the past few decades.
But, the harvest failed!
The reason is that Dongda is a public-dominated institution. To put it bluntly, it is the core high-quality asset that the country has always held.
The so-called high-quality assets are not those broken factories, or even those Internet giants, including Art Star Video, Weibo, WeChat, Game Box, etc., which are owned by Xingxing. Although they are also high-quality assets, they cannot be regarded as the core high-quality assets.
The real core high-quality assets, the core assets that Ah Mei wants to harvest most are the country's railways, the country's highways, the country's power grid, the country's tobacco, the country's military industry, the country's mines, etc...
But with these assets, let alone wanting to buy at the bottom, Ah Mei has to learn how to toast first even if he comes to work.
Therefore, even though Ah Mei has printed so many green paper tickets over the years, he cannot buy the real core assets of the big Eastern country. Ah Mei’s script will not work in Eastern China, but it has been tried and tested abroad in the past few years.
After the interest rates were raised, interest rates began to be cut, and funds flowed from Beijing to the world. As the core assets of various countries were exchanged for green paper bills by Ah Magnesium, the world began to enter an easing cycle, and asset prices entered a rising cycle, and Ah Magnesium could sit on the ground.
Count money until you are weak.
In the past, Ah Mei's script was a tried and tested one, but in recent years it has been found that the economies of various countries around the world have not collapsed. Some money has flowed into Bei Mei, but it is all Ah Mei's own money.
Now Ah Mei is the main buyer of government bonds. If he wants Dongda to buy some, he has to go there in person and beg his grandpa and grandma not to give up some of the benefits, or Dongda will not buy it if he is in a bad mood.
Now Dongda itself no longer buys U.S. debt, and when it wants to buy it, it clearly appoints Qunxing Group to increase its holdings. This also makes Ah Mei dare not suppress Qunxing Group at the moment like it did a few years ago.
So Qunxing Group began to attack all over the world, buying mines and building factories like crazy, and Ah Mei could only watch helplessly.
