I looked at my father Jackie Chan in 1988

, I saw my father Jackie Chan in 1988

Suddenly, an astonishing explosion of news came out of Wall Street!

Someone set up a position of 100 billion US dollars, sniping the Japanese Yen and the West Deutsche Mark!

As soon as the news spread, there was an uproar in Wall Street and even the global financial circle!

Today's Germany has not yet merged. After hearing such rumors, West Germany immediately stood up to refute the rumors, saying that there was no such thing at all, and it was all nonsense from the outside world.

After all, the investment of 100 billion U.S. dollars in the foreign exchange market has a great impact. If West Germany does not stand up to refute the rumors, once the West Deutsche Mark plummets, it will have a great impact on the domestic economy. If a domino effect is formed, it will trigger a financial crisis in West Germany. possible.

When the Bank of West Germany came out to refute the rumors, everyone was dubious, thinking that this was a smoke bomb released by Wall Street to confuse the foreign exchange market.

But at this moment, an astonishing news came from Japan!

First of all, when a reporter asked whether there were people shorting the yen with a large amount of money on the Japanese side, the Japanese side did not answer directly, but did not refute the rumors either!

If you don't refute the rumors, it's the default!

This is one of them.

Second, at this moment, the stupid side of Japan announced to raise interest rates and adopt a tightening monetary policy!

Suddenly, the foreign exchange market was detonated by this news!

As long as anyone who knows a little about finance knows what Japan’s announcement of raising interest rates means, it means that it wants to force the yen to depreciate against the dollar. Well, it was rumored on Wall Street that someone had established a $100 billion fund position to short the yen and the West Deutschmark Do it!

Suddenly, the foreign exchange market was in turmoil.

When the foreign exchange market just opened in the morning, the yen against the dollar plummeted from 130 to 130, and West Deutsche Mark was also affected by it, falling from [-] to [-].

The wolf-like capitalists on Wall Street, after seeing this situation, decisively united with a group of foreign exchange dealers to sell a large number of yen and West German marks in the foreign exchange market, hoping to take advantage of this troubled water to make a fortune.

It is also true that in just one day, stimulated by a large number of sell-offs by several foreign exchange dealers on Wall Street, the yen and West Deutsche Mark ushered in another plunge. Five, down again to 130 seven and 130.

The capitalists watched the yen and West Deutschmark plummet and reveled loudly. Many people made millions of dollars a day from the yen and West Deutschmark in the foreign exchange market. The profit-seeking capitalists seemed to be having a feast. , how could it not be ecstatic?

"Haha, Rogers, today I made over $300 million in the foreign exchange market."

"Dear Leonard, I earn no less than you, is the champagne open tonight?"

"No problem, this time the yen and the West Deutsche Mark have fallen badly. We should still be profitable. Next, I plan to short the yen and the West Deutsche Mark a lot. What do you think?"

"How can I miss such a good opportunity to make money? I will definitely open a position to short the yen and the West Deutschmark."

"We have to thank the crocodile who built a position of 100 billion US dollars, otherwise how could we make so much money."

"Yeah, I'm curious, who is this predator?"

This is the content of the phone call of two Wall Street financial company bosses. They really want to know who is the person who brought them a chance to make a fortune by shorting the yen and the West Deutschmark this time.

This is just a microcosm of the carnival on Wall Street.

After hearing that someone established a position of 100 billion US dollars to short the Japanese yen and the West Deutsche Mark, many people followed suit. No, as soon as Japan announced the increase in interest rates, everyone benefited together. Naturally, they want to know Who is this financial tycoon who invisibly led them to make a lot of money.

Many people are asking!

Many people tried their best to know who it was, and to see if they could get more money-making information from this mysterious financial predator.

Capital is mercenary, just like sharks in the sea, once they find the smell of blood, these capitalists will immediately swarm up and bite!

……

In the evening, in the villa.

Ji Sheng is having dinner with Aignan.

Butler Michael Baker stood aside respectfully, directing the servants to serve the two at any time.

Aignan touched Ji Sheng with a red wine glass, and laughed loudly: "Ji, I didn't expect that you just signed a gambling agreement with us, and it took only a day for our capital position to be established, and you have already made a lot of money!" gone."

Ji Sheng smiled and shook his red wine glass, "It's just luck." He winked at Aignan as he spoke, "Aignan, I signed a gambling agreement with your State Street Bank, I make money, said Wealth and loss of money, you are so excited about this situation, if it spreads to Mrs. Elsen Hans's ears, it seems to have a bad effect, right?"

"She may be happier than me now." Aignan said with a smile: "The yen and West Deutsche Mark plummeted, we lost money on you, but in the foreign exchange market that hedged against it, we made a lot of money. , why are you unhappy?"

Ji Sheng knew that State Street would use him as a hedge for a long time, so he was not surprised at all, but on the surface he pretended to be enlightened, "No wonder State Street is willing to set up such a huge capital position for me. It turns out that it is profitable. Picture."

"No large financial institution will put all its eggs in the same basket." Aignan said with a little deep meaning, and then said with a smile: "Ji, I have known you for so long, and I know your ability very well." , don’t pretend to be confused with me in this regard, I am a little curious about one thing now.”

While sandwiching the chef's "American-style General Tso's Chicken", Ji Sheng asked, "What?"

Aignan put down his wine glass, looked over seriously, and said, "How did you judge that the US dollar will rise against the yen and the West Deutsche Mark? You must know that at the beginning of this year, many foreign exchange analysts believed that the US dollar would rise further this year. It is even speculated that the dollar may fall to a new low of 110 yuan against the yen. Of course, some people predict that the dollar may turn around and rise, but it will not jump out of the [-]-[-] yen and [-] yen that the seven major industries have tacitly agreed on. The target zone is between [-] and [-] West Deutsche Mark. Although the price is indeed still within this range, the Japanese government has announced an increase in interest rates, and it is very likely to break through this range.”

Taking advantage of the gap between the two of them talking, Michael Baker asked the servant to carefully put the dishes that had just been rolled out from the kitchen trolley on the table. At the same time, he also pricked up his ears to hear Ji Sheng's insights.Dude, you can't talk about the information collected from modern society, can you?

Of course, Ji Sheng is not without rhetoric. When he was collecting these materials, he saw many economists and financial analysts' analysis of the fall of the yen and the West Deutsche mark against the dollar in an "afterthought".

Ji Sheng used those things to deal with Aignan, "It's very simple, because of the Plaza Accord."

"Plaza Accord?" Aignan was taken aback.

Michael Baker couldn't help being stunned for a moment.

The two certainly understood what the Plaza Accord was.

Probably in the early 80s, the fiscal deficit of the beautiful country increased sharply, and the foreign trade deficit increased significantly.The beautiful country hopes to increase the export competitiveness of its products through the depreciation of the US dollar, so as to improve the imbalance of international payments, so it signed this agreement.

In [-], the finance ministers and central bank governors of the United States, Japan, the Federal Republic of Germany, France, and the United Kingdom held a meeting at the Plaza Hotel in New York, and reached a joint intervention in the foreign exchange market by the governments of the five countries to induce the exchange rate of the US dollar against major currencies. Orderly devaluation to solve the problem of the huge trade deficit of the beautiful country.

The agreement was also known as the Plaza Accord because it was signed at the Plaza Hotel.

After the "Plaza Agreement" was signed, the above five countries began to jointly intervene in the foreign exchange market, selling a large number of US dollars in the international foreign exchange market, and then formed a frenzy of selling by market investors, resulting in a continuous and substantial depreciation of the US dollar.

As early as 250, the U.S. dollar fluctuated against the Japanese yen at 20.00 yen per U.S. dollar. In less than three months after the signing of the agreement, the U.S. dollar quickly fell to around 120 yen per U.S. dollar, a drop of 50.00%.After that, financial experts represented by various economic-related departments in the beautiful country continued to verbally intervene in the dollar, and the lowest price fell to [-] yen per dollar.In less than three years, the dollar has lost [-]% of its value against the yen.

The yen has doubled in value against the dollar.

Both of them knew about this agreement, but they didn't understand the connection between Ji Sheng's shorting of the yen and West Deutsche Mark and the Plaza Accord.

From the doubt on Aignan's face, Ji Sheng could see what he was curious about. He put down his chopsticks and explained lightly: "You also know that after the Plaza Accord, the stupid stock market and real estate industry have become more and more crazy. Let me give you an example. There is a president named Watanabe in Japan, who was originally engaged in the automobile trade, but due to the appreciation of the yen, the profit of the automobile trade is getting lower and lower, and this person is forced to focus on the real estate business.”

Agnan and Michael Baker listened carefully.

Ji Sheng continued slowly, "Watanabe just borrowed 100 billion yen from the bank and bought some houses in Tokyo. By the time he finished drinking coffee and taking a nap, the 100 billion yen became 130 million yen. The bank looked at Watanabe who was making money and was jealous, so they approached Watanabe and said: You can mortgage the land of 130 billion yen, and we will lend you another 300 billion, and you can just borrow it.”

Michael Baker understood a little bit, "Sir, you mean..."

"That's right." Ji Sheng nodded slightly, "Back then, as long as you bought land, mortgaged, loaned, bought land, mortgaged, loaned, and bought land in an infinite cycle, you would definitely be able to make money, and real estate speculators like Watanabe There are more than tens of thousands of customers, and the situation in the Japanese stock market is similar, do you know what this means?"

Aignan reacted instantly, and blurted out a term, "Economic bubble!"

"Yes!" Ji Sheng snapped his fingers, "It's an economic bubble." He paused, "The real economy is the lifeblood of a country, and the stock market and real estate bubbles are very big. Once the bubble bursts, there will be no manufacturing bubbles." If the industry is in the bottom line, the economy of the whole country will collapse, and Japan is such a big place, do you think Japan's manufacturing industry can cover the bottom line?"

Aignan took a breath, "No."

Ji Sheng tried to persuade: "Since Japan's stupid manufacturing industry can't cover the bottom line, what would you do if you were the Japanese government?"

Aignan thought for a while, and said with a wry smile: "Let's find a way to cool down the stock market and property prices."

"Hehe." Ji Sheng laughed, "Then what is the most direct way to cool down the stock market and property prices?"

Michael Baker exclaimed in shock: "Raise the interest rate!"

"Bingo!" Ji Sheng glanced at Michael Baker appreciatively, and then set his eyes on Aignan again, "Once the yen raises the interest rate, it will definitely depreciate against the dollar, so the opportunity to go short will come." ?”

Aignan and Michael Baker finally understood why they were short-selling, and they couldn't help secretly admiring Ji Sheng's good judgment on the global economic situation.

It's just that Aignan still has a question, "That's what you said, but why can you be sure that you won't make a mistake at this time?"

"It's very simple. The exchange rate of the U.S. dollar against the Japanese yen and the West German mark has fallen too low." Ji Sheng said with a sigh, "As the U.S. dollar is the support point of the world currency, once it falls, it is bound to strengthen. It seems that it is getting more and more valuable, but in fact, due to the lower price of the US dollar, domestic capital in other countries will flee, and there will be pressure on currency depreciation. When these factors are added together, whether it is the yen or the West Deutsche Mark, there is only One way to go is to choose to raise interest rates.”

He paused, "Actually, it doesn't matter when I sell. The important thing is that as long as countries realize that the price of the US dollar is too low, they will definitely find an opportunity to lower the exchange rate against the US dollar, so as to prevent capital flight and currency depreciation pressure. Why did you choose to raise interest rates at this time... because there is no other choice!"

Ji Sheng said the last paragraph in one breath, "Because the price of the US dollar is too low, a large amount of funds have flowed back from overseas to the beautiful country's market, and the economic bubble has formed in Japan. There are only two ways to solve it. One is to use Drag the word formula, drag and wait for the bubble to burst on its own, so that the bubble may be bigger than it is now, and the impact will be greater when it bursts. The second is to puncture it by itself. It is nothing more than a long-term and short-term pain. I believe Any government with a long-term vision will not choose the former, and the same is true for Japanese fools. They can only take the initiative to burst the bubble, and that is to raise interest rates when they find an opportunity, and raise the rediscount rate and other monetary policies. You see Well, Japan's stupid economy will definitely collapse within two years."

It was so!

It turns out that there is so much knowledge in it!

Japan's economic bubble has already formed, and this is an irreversible state. According to Ji Sheng's analysis, Japan's only choice is to take the initiative to burst. Then, it really doesn't matter when Ji Sheng enters the market to harvest the yen. On the contrary, he let State Street Bank Building a position of 100 billion US dollars to short the yen is tantamount to giving Japan an opportunity to raise interest rates along with the trend.

The same is true for West Deutsche Mark.

It's just that the economic situation in West Germany is not as severe as Japan's, so I want to refute the rumors.

According to the data collected by Ji Sheng, after the reunification of Germany, there was a phenomenon of capital flight, and after 20 years of various policy interventions, it finally returned to the European average.

Naturally, as long as Ji Sheng dares to enter the market, or in other words, as long as someone dares to enter the market as boldly as him, he will definitely make a fortune from Zhonghao, because this is the result that Japan and West Germany hope to see!

This foreign exchange battle is destined to succeed!

Both Aignan and Michael Baker were overwhelmed by Ji Sheng's powerful analysis of the international economic situation. At this moment, they realized that Ji Sheng dared to gamble a billion dollars because he had seen the future and knew that he would definitely make money. Earn a lot of money!

……

Ji Sheng and the others were still having dinner, chatting about the international economic situation.

However, another shocking news came out from the outside world, that is, whoever made the rumor that the man who spent a lot of money shorting the Japanese yen and the West Deutsche Mark this time was the one who had just emerged in the crude oil futures market and was called Ji Sheng of the Oriental Silver Lion, instantly, the entire Wall Street and global financial circles were in an uproar!