If the trade deficit with the Japanese devils continues like this, the United States' foreign exchange reserves will be exhausted.
It’s not that I’m afraid of the little devil making dollars.
The U.S. dollar was originally used to acquire the world.
What the United States fears most is that its own goods cannot be sold and capital groups cannot make money, so they will cause trouble.
The first one to bear the brunt is the manufacturing industry.
Manufacturing is the foundation of a country. If the manufacturing industry collapses, the consequences will be disastrous.
By that time, countless companies and factories have closed down, and the unemployment rate has skyrocketed. When the time comes to think of a solution, it is already over.
As a capital world, the United States, whether it is the government or ordinary people, pursues a businessman's mentality.
Either everyone makes money together, or I make money.
Once I lose money, I'm sorry, I'll flip the table and everyone will stop playing.
In the United States, the auto industry is the first to suffer from trade deficits.
The United States imported a large number of"450" Japanese cars, causing 60,000 workers in the domestic automobile industry to lose their jobs in the 1980s.
Radicals staged all kinds of car smashing, eager to remove R Guiben's cars from the territory of the United States.
As long as the yen appreciates, their competitiveness will double.
In order to ease the trade deficit, U.S. manufacturing capital groups have lobbied the government to introduce policies to force the yen to appreciate.
The President of the United States convened his own economic advisory team.
Moreover, the presidents of major banks in the United States and academic elites were invited.
Discuss how to alleviate the trade deficit.
Looking at everyone's expressions of contemplation, Lawrence Summers said again:"I don't know if you have seen the speeches of the Chairman of Caterpillar in the past two days." Hearing this
, everyone nodded.
""Look, Laurentian Cult."
Lawrence Summers nodded and said again:"In our country, Caterpillar is the leader in the excavator industry.
In 1980, the company's overseas sales once reached US$3.3 billion, but in just the past three years, sales have shrunk to US$1.7 billion.
Caterpillar was completely abused by Japan's Komatsu.
Therefore, after an investigation, Caterpillar Chairman Lee Morgan believed that his bulldozers had better performance than Komatsu's in all aspects. The reason why they could not compete was because the exchange rate of the U.S. dollar against the Japanese yen was too high and the U.S. dollar was too strong. , my own products have no price advantage.
The reason why they were crushed by Japanese companies was because of the dollar issue, not their product issues.
A few days ago, President Lee Morgan made a harsh statement:"As long as the U.S. dollar depreciates by 20%, my bulldozers can push it to the capital of the Japanese empire!"
This sentence aroused anti-Japanese sentiment in the United States.
All kinds of smashed and looted cars and products. The idea that the U.S. dollar is too strong is not just the idea of Lee Morgan, the chairman of Caterpillar. It is a common idea of most American manufacturing companies.
Nowadays, not only excavators, but also all walks of life have been affected by the little devils.
Many manufacturing capitals have collectively lobbied the White House to allow the yen to appreciate.
Do you think this idea is reasonable?"
Hearing this, everyone fell into deep thought.
Shen Hao also had to sigh, this is the real capital country.
If you can't beat it, just rob it.
Protect your own business.
This reminded Shen Hao of what the teacher once said.
Too high Look at them, what do they know about capitalism?
At most, they have regressed back to a semi-feudal and semi-colonial society.
Capitalism relies on invading and plundering the wealth of other countries to accumulate capital assets.
And the capitalist roaders who engage in revisionism , Who do they dare to invade? If they are not invaded
, it will be Amitabha. They can only unite with imperialism to exploit and oppress the working people of their country, or sell their country's resources at a low price to satisfy their own greedy self-interest.
Weak and compromise externally, but focus internally. The most terrifying thing is not only the domestic capitalists, but also the many moths in our team. The two collude and merge into one, lying on the entire event to knock the bones and suck the marrow. The domestic capital enterprises in the future market are really right by the teacher.
Just when Shen Hao was thinking, someone put forward an opinion
"I think it is necessary to appreciate the yen.
Apart from the pressure on our domestic capital, the Japanese yen does have the basis for appreciation.
Japan has now become the world's second largest economy, and the Japanese yen has become the world's third largest reserve currency. (To read Baoshuang novels, go to Feilu Novel Network!)
Japan’s economic scale continues to expand, with a large foreign trade surplus, and the demand for Japanese yen assets continues to increase.
These circumstances are exerting internal pressure on the appreciation of the yen.
Although Japan's central bank frequently entered the market and forcibly hindered and slowed down the appreciation of the yen, it obviously had little effect.
Professor Lawrence, I think that forcing the Japanese to appreciate the yen is not a matter for the United States. We should discuss it with other countries."
Shen Hao glanced at the speaker, this guy has something.......[]
Typical white man, brown hair, blue eyes, square face, about 35 years old.
The forehead is very broad and he has a confident smile.
It seemed that he felt Shen Hao's gaze.
The man smiled slightly at Shen Hao and raised his glass to signal.
Lawrence Summers on the side smiled and introduced:"Shen Hao, this is your senior brother, named Willard Mitt Romney. He received a Master of Business Administration and a Bachelor of Laws from Harvard Business School and Law School in 1975 ( JD) degree.
Currently working as a manager at McKinsey, the world's largest consulting firm."
When everyone saw this, their hearts moved.
I also realized the problem. If the answer is satisfactory today, it can be regarded as an interview, allowing the world's richest man to get to know himself.
Suddenly, Shen Hao had this information called Willard Mitt Romney in his mind.
Later the 70th governor of Massachusetts.
He once served as CEO (President) of Bain Capital Venture Capital and Leveraged Buyout Company, and Chairman of the Salt Lake City Winter Olympics Organizing Committee. In August 2012, he was nominated by the Republican Party as the 45th presidential candidate.
In the 2012 U.S. presidential election, he challenged President Barack Hussein O'Hama, but in the end he lost the battle with O'Hama with a total vote count of 203:344, and missed the presidency.
In 1984, he co-founded Bain Capital Investment Company.
During Willard Mitt Romney's 15 years in office, the company grew from a dozen people to more than 100 people, with an annual growth rate of 113%.
Today, under this 5.8 investment company, you can see the name of the famous American fast food chain"Burger King".
In 2010, Bain Capital became known to the Chinese public for becoming the"only winner" in the civil war between Gome Electric Appliances.
With his excellent financial management skills, Romney soon became an entrepreneur and multinational businessman worth hundreds of millions of dollars.
It's a talent.
After all, he is still too young and lacks experience and ability.
Talents must be valued.
Shen Hao had the idea of setting up an investment fund, but he had never found the right person to manage it, but now it seems that he has the right person.
By winning over this guy, his connections in the United States will become stronger.
Before, when Lizhi was asked to acquire the company, Shen Hao could feel that she was somewhat powerless.
Thinking of this, Shen Hao also smiled and took the initiative to say hello:
"Hello Mr. Willard Mitt Romney".
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