More than half a year has passed, and the economic trends of various countries have been presented in front of everyone. The U.S. trade deficit this year will definitely exceed 100 billion U.S. dollars. It is nothing more than optimistic estimates of only 120 billion U.S. dollars, or
A modest $140 billion.
It is now 1984. Even if it is as strong as a city on a mountain, it is still unbearable to face such a level of trade deficit. After finally harvesting a bit of blood in Latin America, the money has not even warmed in the hands, but it has been unfairly traded.
It is intolerable to transfer it to the hands of other countries. Especially Japan, which accounts for nearly 40% of the entire trade deficit, does not like it no matter how you look at it.
During the Thatcher era, relations between the United Kingdom and the United States were improving, so no one in the United Kingdom was surprised by the visit of U.S. Treasury Secretary Donald Reagan. However, at this critical moment, the confrontation between the striking coal workers and the government intensified.
, someone actually shot at the police, casting a shadow over the visit of the finance minister, a close ally.
Alan Wilson rejected the father of his son and a woman of equal status to his girlfriend, Treasury Secretary Lawson. He did not even think about the plan to release gold from the treasury to deal with the fiscal deficit. This is not the first time that the supreme authority has refused. Going forward
Whenever mentioned by previous finance ministers, he refused.
"This is the same as the greatest threat if nuclear weapons are not launched, and this is no longer the era of the Bretton Woods system. There is no need for the pound under the sovereign currency to deal with financial problems by releasing gold reserves. What's more, the current situation is not serious, and the release of
Less will have no effect, and releasing more will actually reduce the weapons in the hands of the country in the future. This is not just a problem for the UK itself. Isn't the problem for the United States bigger? Otherwise, what will Donald do?"
Anyway, Alan Wilson feels that the more than 6,000 tons of gold in the British treasury are of greatest use in the treasury. When British citizens are suffering, he believes that the British can survive.
"That's the truth." Lawson pondered for a moment and expressed his agreement. "According to estimates from the past ten months, the U.S. trade deficit this year may reach 150 billion U.S. dollars."
"Well, a trade deficit of this scale has almost wiped out the gains in Latin America." Alan Wilson replied, "The UK cannot suffer a loss and help the United States cover the bottom line, and the Prime Minister cannot afford such consequences."
Finance Minister Lawson was convinced that he would have to confront Donald Reagan at the British and American Finance Ministers' meeting, so he immediately said hello and left. The afternoon finance ministers' meeting lasted for two hours.
Lawson came back to Whitehall after that. What Donald Reagan meant could be summed up in one sentence. This trade deficit is unsustainable. America's problem must be solved immediately, and the allies of the free world must work together to help the United States solve this problem.
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"What did our respected Chancellor say?" Alan Wilson opened a box of Cuban cigars and handed it to the Chancellor with a smile. "This is the best... Soviet product."
Who made Cuba vote for the Communists? Compared with the Americans' painstaking smuggling, purchasing goods from the Soviet Union was actually cheaper.
"I said that this is mainly a problem of the mouth-oriented countries, and Germany, especially Japan, should bear the main responsibility for this. Then I talked about the damage caused by the strike to the British economy this year, and hoped that the World Bank could provide some help."
Lawson lit his cigar complacently and said, "At the same time, I hope that Washington can speak out for justice regarding the shooting of police officers."
"Care for the injured police officers is indeed the top priority at the moment." Alan Wilson nodded. "Maintaining law and order cannot let the police officers who are dedicated to their duties feel cold."
Anyway, the British economy is like this this year. It really wants to help the United States, but the problem is that it is powerless and even wants to help the United States, which is suffering from a huge trade deficit.
Donald Reagan gained a lot from his visit to the UK. The UK expressed its firm stance on the side of the United States and struck hard against countries that pursue unfair trade and are export-oriented, namely Germany and Japan.
There is no problem for Britain to clearly side with the United States, but if it wants to make these two countries bow, it still needs the United States to step forward.
This visit is just for Alan Wilson to confirm one thing, that is, the Axis brothers are definitely doomed, but why does the United States support these two countries? Isn't it just to come in handy at times like this?
What?
Returning home in a good mood, almost walking like a breeze, Ellen Wilson revealed the basic facts about the unlucky Germany and Japan to the richest woman, and then asked, "How much funds can be used without delaying operations?"
You won’t find such an opportunity in the foreseeable future.”
This year’s Japanese yen exchange rate is one U.S. dollar to 251 yen. As a freely convertible currency, the Japanese yen can of course also be exchanged against the pound. The pound to dollar ratio is 1:2.8, and one pound can be exchanged for about 700 yen.
, Alan Wilson remembers that the Japanese yen was exchanged for 240 yen for one dollar before and after the signing of the Plaza Accord. No matter how small a mosquito is, it is still meat, and it will make less money next year.
After the Plaza Accord, the Japanese stock market nearly tripled, and the Japanese yen also rose to one hundred and twenty yen per U.S. dollar within two years. As for the 1990s, one U.S. dollar was worth eighty yen, which was already too far.
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Judging from the timing that coincides with the bull market in the Japanese stock market, if Pamela Mountbatten exchanges for Japanese yen and leaves the market when the Japanese stock market reaches its peak, she will exchange the Japanese yen for pounds or US dollars, and consider the factors of the Japanese yen's promotion.
Within a certain period of time, there will be five or six times the profit, which is based on conventional considerations.
In fact, during the bubble economy, if you catch the star stocks in the Japanese stock market, commonly known as the stock kings, it will not be a profit of five or six times at all, but you can make a profit of five or six times in one day.
With the rapid development of Japan's economy, ordinary Japanese people are faced with spending money at will, buying things at will, and finding jobs at will. Every day in the future will be better.
This chapter is not over, please click on the next page to continue reading! "Is five billion pounds enough?" Pamela Mountbatten asked pitifully, "My dear, I trust you so much. You have to know that once you lose money, you will lose money."
Years of hard work, but just..."
"But what?" Alan Wilson said with a tone that said who has the final say in this family, "It's just two more years of hard work to make up for the losses. What if it succeeds? That's the profit that can be sold from the noose."
You can sell the noose for 300% profit, which is five or six times the profit in a blink of an eye. Isn't it worth rushing to put a noose on your own neck?
"Don't worry, the success rate is close to 100%. Maybe Washington has had several rounds of talks with Tokyo now, but they are just talking secretly. We don't know. Isn't this normal? We also talked secretly with Saudi Arabia to avoid letting the United States
People know.”
Alan Wilson offered words of comfort, but he kept it well hidden, and it would be revealed to the world when it came time to take action. When Britain's first Typhoon fighter jet appeared in Saudi Arabia, the United States would know about it.
Alan Wilson had no way of knowing the inside story of the negotiations between the United States and Japan, but he was sure that such negotiations must exist, and this was indeed the case.
The first negotiation was even in 1983, when a major country was in the midst of a severe crackdown. The U.S. Treasury Department proposed to Japan for the first time three major reform requirements: liberalization of financial market access, liberalization of interest rates, and internationalization of the yen.
One month later, U.S. President Ronald Reagan visited Japan and clarified the policy of "correcting the low yen" among the three major reform requirements. Looking back at these government-level requirements for Japan, the foundation came from an American company.
Caterpillar Corporation of the United States released a report entitled "The Conflict Between the Dollar and the Yen - Existing Problems and Solutions." The company's then chairman was Lee Morgan, so this report is often called the "Morgan Report."
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Caterpillar is one of the world's largest manufacturers of construction machinery and mining machinery. In the 1970s and 1980s, Caterpillar, like many American companies, was severely impacted by the conquests of its Japanese counterparts.
In the international market, Caterpillar's construction machinery sales were still as high as US$3.3 billion, but just three years later, this number dropped to US$7.7 billion. Almost all of the market that was eroded fell to Japan's Komatsu Manufacturing Co., Ltd.
In the hands of Soho and Hitachi Corporation.
Of course, an American company cannot give orders to the Japanese government, but there is a rule of the game in American politics - lobbying. Lee Morgan took his report and lobbied members of the U.S. Congress, through which they turned the U.S. government to put pressure on the Japanese government.
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The United States has already begun negotiations with Japan for this purpose. Against the backdrop of a record-breaking trade deficit this year, Reagan is sure to ask Japan to respond immediately.
At the same time, before the arrival of 1985, an ordinary couple from far away Britain also prepared a noose for sale and personally verified that it was very strong and capable of hanging anyone.
The funds of Ellen Wilson and the richest woman were transferred around the world's banks. When they entered Japan, it was so difficult that no one could determine which country the original source was.
1984, the same famous year as in the UK, has passed. People are eagerly looking forward to the arrival of the New Year, but the US Treasury Department is solemn. It can only get rough first-hand information from customs and taxation, so don’t bother.
Verification shows that this year the United States has a record deficit of US$140 billion, nearly 40% of which comes from Japan.
This huge number makes people unable to relax easily. The United States did not occupy Japan, and Japan is the enemy of the United States. The United States occupied Japan, and Japan is still the enemy of the United States. So didn’t the United States come here in vain?
A trade deficit of this size almost makes the United States' heavy attacks in Latin America meaningless, and financial harvesting cannot be done every year. However, Japan's trade exists every year. Doesn't this make Wall Street's hard work go to waste?