Chapter 1209 Japan Is in a Dilemma

William White was speechless for Jason Gao’s complaints. Or, most people in this world are engaged in acting.

Some people are aware and some people may not be aware of it. If you really want to live your life as you please, you may need to live alone.

Or, after leaving the venue, many old foxes will realize that William White has elements of performance.

Isn't there a saying, it doesn't matter what a person says. His account says it all.

As for now, it will only be released on January 1st, so let’s just wait and see. This guy's goal is so obvious, and it's impossible to sneak into the village.

William White didn't know that his irresponsible remarks were listened to very seriously by the Japanese.

Damn it, that makes sense. A strong currency has many benefits. The current yen continues to weaken, if there is another euro.

It goes without saying that the first thing central banks sell is the Japanese yen.

There is basically no interest, and the value of the money is depreciating day by day.

What, it’s also great when it appreciates in value.

Boss, what the central bank wants is never profits. A relatively stable currency value is the first thing that needs to be considered.

Also, now William White is clinging to those Japanese companies. If this exchange rate never comes back, you really think that Section 301 is just a show-off.

In order to lobby Congress, this guy has thrown away millions. The aura of rich people is blowing against his face, and it can't be stopped.

Why do some people say that the United States is a paradise for rich people?

In fact, the crux lies here. Various lobbying organizations outside the hospital can help you solve all your troubles.

These guys may have doubts about domestic companies. You let them deal with other countries, as long as the money is in place, rest assured, this is a group of guys who are best at causing trouble for others.

In the eyes of these people, there is no right or wrong. If you look at the Rifle Association, you will understand that this guy is the biggest tycoon.

Prior to this, various lobbying organizations were used to combat the actions of competitors. William White disagreed. Doing this was actually a bit like drinking poison to quench thirst.

External forces are always external forces. The better you protect it, the less competitive it will be. Just look at Detroit and you will understand that this is a point of no return.

"Boss, the Bank of Japan intervenes in the market again."

"Haha! Alas, I don't even know what to say. If I'm not wrong, the market they want to intervene in has basically become numb."

Filson smiled bitterly. The Bank of Japan is basically the least existential central bank in the world. Of course, this is not because they are stupid. The power of the central bank is limited. This is a Trojan horse planted by the US imperialism.

"After the Plaza Accord, there was actually a corresponding loosening of restrictions. I don't know, are they accustomed to it?"

William White shook his head, he did not agree with Philson's statement. Once bitten by a snake, they have been afraid of well ropes for ten years. In order to curb the overheating of the economy, they have worked hard enough.

In other words, they tested the bottom line of Eagle Sauce. Seventy percent, no more. When Japan's GDP approaches this value, you can just kill yourself.

If not, it's really hard to explain. They talk about the lost twenty years, but if you include their overseas investment, the GDP figure will not be small.

Big Rabbit’s GDP was actually not that exaggerated later. To give a simple example, if you produce an IPhone, the output value will be $599.

However, how many can stay in the country?

Probably no more than a hundred.

When you calculate GDP, should you calculate it based on one hundred or six hundred. This is just a simple example, and the data is not very accurate. If it comes to clothing, shoes and hats, the numerical deviation will be even more serious.

Not counting this, how many factories have Xiaoriben and Smecta opened in Rabbit Country? If you subtract this part of GDP, although it is still very powerful, it is not so terrible.

In William White's view, since the United States embarked on the path of deindustrialization, its final outcome will not be good. It seems they have forgotten John Bull's experience and lessons.

"Filson, the current yen exchange rate is unacceptable to Japan, and the same is true for the United States.

If they don't want to be surrounded by the world, they have to do something. Right now, the prices of oil and iron ore are low. Otherwise, it’s hard to say whether we can make money or not. "

As the exchange rate rises, exports are bound to decrease. Japan's current economic situation is not good. With little domestic demand, Japan relies heavily on exports.

Naturally, it won't work if it's too low. There are more than one Yingjiang threatening sanctions. European friends also dislike them.

Now everyone is still going their own way. When the euro comes out, it will be difficult for you not to be unlucky.

Give it a hike, this thing works best.

Unfortunately, once Japan raises interest rates significantly, it is basically equivalent to detonating a nuclear bomb. In the post-bubble crisis era, Japan's savings rate remains high. If interest rates are raised, this number may surge.

Due to low interest rates, many financial institutions are borrowing large amounts of Japanese yen. Once you increase the interest rate at this time, you will be able to borrow Japanese yen.

Well, Japan's banking system simply cannot absorb that much money.

Worrying because of too much money, this is a weird economy in small Japan. You can't find any similar cases in this world.

"Julian Robertson, can you still borrow Japanese yen?"

"Yes, these guys simply don't know what to say. Even if short selling is not restricted, the margin should be increased.

Unfortunately, we found no sign of this. As the financial crisis spreads and credit is tightened all over the world, it is difficult for us to understand the thoughts of this group of dwarfs. "

William White sighed, saying that if Japan wanted to break the situation, there was only one way. Stop collecting land tax and start developing real estate.

All countries except Japan are doing this now. The United States encourages consumption. Even if you don't have a serious job, banks will lend you money.

Big Rabbit is even more ruthless. Buying a house will give you a Magic City household registration, and you can also reduce your personal tax.

Hey, aren’t there lessons learned from Japan?

How dare you do this?

The pros outweigh the cons, that's why. So what if the bubble bursts? If you look at what Japan got, it will be easy to understand other countries.

Real estate and infrastructure echo each other, which is really exciting. The better your infrastructure is, the more expensive the land and real estate will be.

As land becomes more expensive, the government will naturally have more money to invest in infrastructure.

Isn’t this just domestic demand?

If the property appreciates in value, it will be even better. You can then mortgage the house to the bank and start buying and selling it in various ways.

side effect?

Young people can no longer afford to buy a house. If they are always anxious, life will become very boring.

What if it crashes?

Just like in Japan, you have to queue up to go to the rooftop, and the charcoal in the supermarket is out of stock. That's basically it. Compared with those benefits, some people deserve to be unlucky.

Japan's so-called bubble economy is something they hate very much.

Actually, in the eyes of other countries, this thing is not only not a bad thing, but even a bit enviable.

Wouldn't it just cost a few people to die? The infrastructure has been developed, the GDP base has increased several times, and the country's tax revenue has also increased significantly.

Even if the bubble bursts, GDP will not be cut in half. There's also the property tax that's a rip-off. Even if this thing falls, it still accounts for more than half of the government's revenue.

Alas, they were frightened by themselves. If they didn't take the initiative to prick it, then Yingjiang would have a headache.