Chapter 407 Leverage the power of the storm to open the door of the WTO
Wang Qiang said in surprise: "A tragic victory? Isn't this a silence to make a fortune, right?"
Su Su sighed: "Who knows? To be honest, if we look at it purely from the perspective of healthy urban development, it would be better to let Hong Kong explode like South Korea and then build it up... But can it be established? In short, the topic about Hong Kong is over, Brother Qiang understands-"
Wang Qiang smiled helplessly: "Brother understand."
Su Su smiled and said, "Anyway, Hong Kong has been preserved, but Southeast Asia has been mourning in this storm, and the four little dragons have become historical terms. Japan's performance is even more eye-catching. The direct funds flee and the yen depreciates and abandons the yen area he runs. Japan has become an economic island and has even been castrated economically."
Wang Qiang was suddenly happy: "Didn't it mean that Japan was killed in 1990 and 1995? Is it a third?"
Su Su smiled and said, "So, this is the new normal, and Japan is used to it. In fact, when Japan signed the Plaza Accord, Germany, also an industrial powerhouse, was forced to sign the European version of the Plaza Accord, that is, the Louvre Agreement, which is specifically used to harvest Germany. However, although Germany was very uncomfortable, it still survived because there was a group of European men around Germany who were responsible for consumption. Germany's exports were not a problem, so it was digested within Europe."
"But Japan is different. Japan has left Asia and entered Europe early and stood out in East Asia. It is surrounded by a group of poor countries of all sizes and sizes. I can't find a man who is lying to consume. Who can it export it to? It can only be a prosperous and prosperous Southeast Asia. This is the Japanese yen market that Japan has worked hard to cultivate. Now that the Japanese yen area is gone, how can Japan turn over?"
Wang Qiang said in surprise: "Since this is the case, Japan should protect the market when the financial crisis comes?"
Su Su laughed and said, "Yes, although Japan has been sucked for ten years, the lean camel is bigger than the horse. His remaining US dollar reserves and Southeast Asia's US dollar reserves are definitely more than China and Hong Kong at that time. As long as Japan stands up and organizes Southeast Asia's resistance, Soros is not an opponent. This financial storm shouldn't have happened. But Japan escapes!"
Wang Qiang was happy: "Actually, it is not realistic to expect a guy with a dog tied to resist his master. It is also right for him to run."
Su Su smiled and said, "That's right, so at this time China stepped forward and made a solemn promise-the RMB will not depreciate! And that year, Jiang Kun's sketch was just taking out a hundred yuan RMB and shouting firmly, which won applause from the audience. Brother Qiang knows what this means?"
Wang Qiang was a little confused: "Didn't it mean that in the 1990s, the RMB relied on depreciation to attract foreign capital and solve the problem of overheating of the economy? Now it's not depreciating anymore?"
Su Su smiled and said, "So, the application of appreciation and depreciation lies in one's heart. It depends on the situation. Let's talk about the situation in Southeast Asia. First, under Soros' attack, the Thai baht was depreciated to waste paper, which caused extreme panic in Southeast Asia. These countries can only do one thing in order to protect themselves - currency depreciation! Brother Qiang talks about the principle?"
Wang Qiang browed: "I said before that the appreciation of currency makes it easier for others to make money and run away, so Japan's square agreement attracted a large amount of blood-sucking capital. If it depreciates, it is the opposite to the point of driving out these blood-sucking capitals. Also, depreciation can be a debtor."
Su Su clapped her hands and smiled, "The answer is correct! Malaysia, Indonesia, the Philippines, and Japan all think so! Then it forms a deserter effect - you don't need to run the fastest, but you must not run the slowest. So Japan not only did not resist but was the first to take the lead in depreciating, and countries also competed for depreciation, and they also depreciated one by one more ruthless. You must know that others are depreciating, and you are just appreciating relative to your value. Once you appreciate, won't you attract blood-sucking capital?"
Wang Qiang browed: "When China promises that the RMB will not depreciate, it means relative appreciation, and that won the blood-sucking capital?"
Su Su laughed and said, "China's goal is to take the capital of the Soviet Union and Japan harvested by the international financial group for its own use. If you don't dare to accept the hot money from Southeast Asia, how can you do big things?"
Wang Qiang immediately understood: "So that's it!"
Su Su sighed: "China's market and population size are all here. Even if the relative appreciation in the storm affects exports, China can convert exports to domestic sales, and domestic digestion. Although there is no foreign exchange income in domestic digestion, as long as the industry is kept from bankruptcy, it can be passed at any time."
"Devaluation is of course beneficial to exports, but don't depreciate too harshly. If it becomes toilet paper, it means that the production cost cannot be returned, and it will be a blood loss. Therefore, these small countries in Southeast Asia have all gone bankrupt in the storm. Rather than saying that they were destroyed by Soros, they were destroyed by themselves. Especially the international currency such as the Japanese yen has a great influence. It is very likely that his depreciation will affect Europe, and I don't know how many countries compared Japan's middle fingers at that time."
Wang Qiang once again understood: "China will make a good reputation if it does not depreciate!"
Chapter completed!