Chapter 472: Getting into trouble

This year's National Day holiday coincides with the Mid-Autumn Festival, and it can be regarded as a relatively important long holiday.

Because of this, during the long holiday, many students plan to take this opportunity to go home to see each other so as not to stay in school and do nothing. Of course, there are also quite a few students who stay in school, which also brings certain difficulties to management work.

Some cadres from the school’s Youth League Committee suggested that it is best to hold a continuous activity during the National Day period to help these students staying on campus pass the time and save them from doing nothing to cause any worrying things. In the end, the school will have to come forward to solve it.

Chen Mingluo agreed with this proposal. He also believed that college students usually have more free time, and most of them are too energy-efficient. Once they are free, they are prone to trouble. It is best to be able to guide them.

However, when it comes to activities, everyone's opinions are quite inconsistent. Some people think that a series of college students' film festivals can be organized, and movies can be placed in the lecture hall for several consecutive days. Some people say that they want to organize a confrontation match for three major ball events, and some people say that they can invite experts to come and make a series of reports. In short, they are all considered from the perspective of large-scale event events.

"Why don't you choose to do something meaningful?" Chen Mingluo was not very satisfied with these proposals.

There is no other reason, mainly because these proposals are a bit too ordinary and cannot arouse Chen Mingluo's interest. The media probably won't be very concerned about these things. Even college students are not willing to participate in these activities.

However, after discussing for a long time, everyone did not come up with any better suggestions, so they had to operate according to these projects for the time being. At least they would not achieve nothing.

During this period, Chen Mingluo felt that life was boring. Perhaps it was because he was too exciting a while ago and his ordinary life could not bring him up. However, he was with Xiao Xiao all day long, and the relationship between the two became closer. At least when Chen Mingluo hugged her and went to bed, Xiao Xiao was already very accustomed to it.

However, before the National Day holiday, the fat white man came to Yangshuo for a long talk with Chen Mingluo.

As the director of the 17th Bureau of the National Security Bureau, Fatty White has always been quite mysterious, which is more in line with his identity as a leader of a special force in the economic field.

However, when he got together with Chen Mingluo, the fat white man was still very calm and did not pay so much attention.

The two met in a water restaurant. The so-called water restaurant is the kind of water pavilion built on the lake. However, the autumn weather is clear and the lake is sparkling, the autumn water is the same color as the sky, and the setting sun and the lone wild goose fly together, which is indeed more suitable for chatting and having dinner outside.

The catering industry in Yangshuo will naturally seize this opportunity and make the best use of all natural resources to squeeze the RMB in customers' wallets.

"The domestic economy has not been very prosperous recently-" Fatty White and Chen Mingluo sighed after sitting down.

Chen Mingluo took a sip of tea and looked at the fat white man and smiled.

After the Hong Kong financial crisis was successfully overcome, the overall environment is still developing positively.

The financial defense war has repelled the wishful thinking of international speculators trying to make a fortune by taking advantage of the decline of Hong Kong's stock market. In the foreign exchange market, it is precisely because the Hong Kong authorities adhere to the relevant exchange rate system that the Hong Kong dollar has not depreciated significantly, and there has been no such phenomenon as some Southeast Asian countries in shrinking wealth and economic regression, which has not been affected too seriously in the past. This has also laid a relatively good foundation for the future economic recovery, making it possible for the Hong Kong economy to get rid of the haze in a relatively short period of time.

In fact, another important reason why Hong Kong can survive this time is the strong support from the motherland. When the Hong Kong stock market and foreign exchange market were hit by international speculators, the central government solemnly stated that once the Hong Kong dollar and the US dollar's exchange rate system is impacted, the central government will firmly support the Hong Kong dollar exchange rate.

It was the clear statement of the central government that hit the arrogance and confidence of national speculators, and forced them to retreat in the face of the strong foreign exchange reserves of US$130 billion and Hong Kong's US$98 billion.

But from a realistic perspective, although the authorities are reluctant to admit it or refuse to admit it, social life is always affected by this financial crisis.

"This is also the usual trick of Americans. They can't stand others in their lives-" Chen Mingluo said to the fat man. "In fact, whether it is the Japanese economic recession in the 1980s or the current Southeast Asian financial crisis, although its main players are created by Soros and others, there is support from the US government behind it."

There is naturally a reason for Chen Mingluo's statement. It started in 1980, especially in 1990 and 1995, the gap between the world's number one and the second-ranked Japan quickly narrowed. At that time, Japan's GDP exceeded half of the US GDP. The Japanese cheered that as long as it exceeded the US GDP, Japan could return to becoming a "normal country".

Of course, the Americans didn't say anything. Seeing that the United States could not stop the development prospects of the Japanese economy, countries around the world were excitedly looking forward to the "historic moment" when Japan's GDP surpassed the United States GDP, while Japanese companies became even more crazy. Rockefeller Square, a symbol of the American economy, was bought by the Japanese, and Hollywood, a symbol of the United States.

The Americans' mood suddenly fell to the bottom, the sense of glory declined sharply, and the people began to spread hatred and Japanese sentiment.

As a result, the Americans set up a square agreement to push up the yen. The exchange rate of the yen against the US dollar rose from 1 dollar to 240 yen before the agreement to 1 dollar against 120 yen in early 1988, and soon rose to 1 dollar against 100 yen. By 1995, the exchange rate of the yen rose sharply to 1 dollar against 79 yen, setting a record high.

What are the consequences of the appreciation of the yen? Rockefeller Square is back in the hands of Americans. General Motors made a net profit of 400 million US dollars from selling and buying in this square. Japanese capital exited the United States at a large scale due to difficulties.

The American people won and successfully repelled Japan's economic offensive! After 1995, the GDP ratio between Japan and the United States increased again and became larger and larger.

"Actually, this principle is very simple. Suppose I am an American consortium, of course I know what will happen in 1985. Suppose I was in 1983, I exchanged 10 billion US dollars for 2400 billion yen, entered the Japanese market, and bought Japanese stocks and real estate. The booming Japanese economy caused the stock market to rise like crazy. In 1985, the square agreement was signed, and the yen began to appreciate. By the beginning of 1988, the stock market and real estate assumed that I had made at least twice, that would be 4800 billion yen." Chen Mingluo said to the fat man, "At this time, the yen appreciated to 1:120. I sold Japanese real estate and stocks in one year.

After that, then exchange it back to the US dollar, then it is 40 billion US dollars. In five years, I made a net profit of 30 billion US dollars. So what about Japan? The huge amount of foreign capital that suddenly left led to the collapse of the Japanese economy. The term used in economics is called the bursting of the bubble economy. This is what Japan often calls the lost ten years. And I returned to the United States with 40 billion US dollars with capital and interest. Think about it, can the US economy not be prosperous? The United States has made enough money, and the yen has now returned to the position of 1:140. The US dollar's firmness is still the same as twenty years ago. The temporary depreciation of the US dollar has not damaged the international status of the US dollar. This economic war between the United States and Japan ended with the United States winning the entire victory."

In fact, as Chen Mingluo said, Americans are addicted to playing.

The same method has come again on the four little dragons and four little tigers in Southeast Asia, which is the Asian financial crisis.

The only difference is that there is no need for a square agreement this time, because directly blocking the foreign exchange reserves of these little tigers and dragons in Asia can win a great victory. Southeast Asian currencies have risen first and then fallen, and the achievements of economic development have been plundered by the United States.

The only thing that insisted on Soros' offense without economic collapse was Hong Kong after returning, which preserved the fruits of Hong Kong's development for decades.

Although Soros launched world public opinion, including Hong Kong public opinion, attacking the Hong Kong government's administrative intervention in the market, violating market economy rules, and without democracy and freedom, if China succumbed to the pressure of the world's public opinion and did not use macro-control to intervene in the market, it would lead to a disaster. I don't know how many Chinese people would jump off a building and commit suicide due to bankruptcy like the Japanese in the past.

"This time it was just a nominal victory--" When talking about this, Fatty Bai himself was also quite moved.

Although the Hong Kong SAR government withstood the attacks of Soros and others in the fourth confrontation, the situation in the stock market has actually become very bad. The sluggish popularity cannot be achieved in one or two years. The export trade of Southeast Asian countries has suffered a heavy blow, and I am afraid that it will never return to the same market as before.

"We have also learned a situation recently-" Fatty White said to Chen Mingluo, "You should pay more attention to it yourself. It seems that an international killer organization has taken on someone else's entrusted task and wants to chase you, the big boss."

"No, right?!" Chen Mingluo immediately looked stunned when he heard this. He didn't know if what Fatty White said was true or false?
Chapter completed!