Chapter 1619 sell noose

Already past the first half of the year, the economic trends of all countries have been presented in front of everyone in a big difference, the United States of America’s trade deficit for the current year will surely break one hundred billion dollars, nothing more than optimistic projections of only one hundred and twenty billion dollars, or a moderate one hundred and forty billion dollars.

Now is 1984, even as strong as the city on top of the mountain, the face of this degree of trade deficit is also unable to eat, it is not easy to harvest a mouthful of blood back in Latin America, the money has not been in the hands of the hot a little bit, it is unfair trade transferred to the hands of other countries, is intolerable. Especially Japan, which accounts for nearly 40% of the entire trade deficit, how to look at it is not good.

In the period of Margaret Thatcher, the relationship between Britain and the United States is a good, so for the U.S. Secretary of the Treasury Donald Reagan’s visit, the British up and down are not surprised, only at this critical moment, the striking coal workers and the government’s confrontation is getting more and more intense, and even some people on the police shooting, for the close allies of the Secretary of the Treasury to visit, cast a shadow.

Alan Wilson rebuffed the father of his son and his girlfriend’s lady of equal status, also known as Finance Minister Lawson, about the release of treasury gold to deal with the fiscal deficit program, don’t even think about it, the supreme authority and not the first time he refused to do so, the previous successive Ministers of Finance, as long as the mention of it, he refused to do so.

“This is the same as nuclear weapons do not launch the greatest threat, and now is not the era of the Bretton Woods system, sovereign currency under the pound, there is no need to respond to fiscal problems by releasing gold reserves. What’s more, the current situation is not serious, releasing less has no effect, releasing more, but reducing the weapons in the hands of the country later. It’s not like Britain itself is the only one with problems, isn’t the problem in the United States bigger? What else would Donald be doing here?”

Anyway, Alan Wilson felt that the British treasury of more than six thousand tons of gold, placed in the vault is the biggest role in the suffering of the British citizens, he believed that the British can survive.

“The reasoning is rather like that.” Lawson mused for a moment to express his approval, “Estimates from the previous ten months suggest that the U.S. trade deficit this year could reach one hundred and fifty billion dollars.”

“Yeah well, a trade deficit of this magnitude is close to making Latin America’s gains disappear.” Alan Wilson replied, “Britain can’t afford to take a loss to help the U.S. underwrite, and the Prime Minister can’t afford the consequences.”

Treasury Secretary Lawson thought deeply, the British and American finance ministers meeting he still have to deal with Donald Reagan, immediately greeted and left, the afternoon finance ministers meeting conversation, lasted two hours.

Lawson came to Whitehall again after the end, Donald Reagan’s meaning can be summarized in one sentence, this trade deficit is unsustainable, the U.S. problem must be solved immediately, and the allies of the free world must work together to help the U.S. to solve this problem.

“What did our honorable Secretary of the Treasury say?” Alan Wilson asked as he unwrapped a box of Cuban cigars and smiled as he handed them to the Secretary of the Treasury, which is the best …… Soviet goods.

Who let people Cuba voted for communism it, than the Americans thousands of smuggling, from the Soviet Union into the goods instead of a little cheaper.

“I then said that this was mainly a problem of the residence-oriented countries, and that Germany, and especially Japan, were primarily responsible for it. Then I talked about how the strike was hurting the British economy in the current year, and hoped that the World Bank might not be able to help in some way.”

Lawson smugly lit his cigar and said, “Also hopefully, regarding the shooting of police officers, Washington will be the voice of justice.”

“The care for injured police officers is indeed the top priority at the moment.” Alan Wilson nodded and said, “Maintaining law and order can’t afford to chill the hearts of dedicated police officers.”

Anyway, the current year’s British economy is like this, really want to help the United States, but the problem is that there is a heart, even want to let the United States in the middle of a huge trade deficit pull a hand.

Donald Reagan’s visit to the UK was a great success, with the UK stating that it was firmly on the side of the US, and that it was hitting hard at the export-oriented countries that practiced unfair trade, namely Germany and Japan.

It’s fine for Britain to stand starkly on the side of the United States, but it will take the United States itself to get these two countries to bow down.

This visit merely allowed Allen Wilson to determine one thing, that is, this pair of Axis brothers must be in trouble, but what does the U.S. keep these two countries for? Isn’t it just to come in handy at times like these?

In a good mood, almost walking with the wind back home, Alan Wilson to the richest woman to leak the basic facts about Germany and Japan to be bad luck, and then asked, “in the case of not delaying the operation, in the end, how much money can be used? You won’t find that for the foreseeable future.”

This year’s yen exchange rate is one dollar to two hundred and fifty-one yen, the yen as a freely convertible currency, of course, can also be converted into pounds sterling, pounds sterling against the dollar is one to two point eight, a pound sterling can be converted into seven hundred yen or so, Alan Wilson remembers the yen in the Plaza Accord before and after the signing of the dollar to two hundred and forty yen, the mosquito is also meat, next year, it will be less money.

After the plaza agreement, the Japanese stock market grew nearly three times, the yen was also promoted to one dollar to one hundred and two within two years, as for to the nineties, a dollar to eighty yen, that has been too far.

On and the Japanese stock market bull market overlap time to see, now Pamela Mountbatten exchange yen, in the Japanese stock market to reach the apex to leave the market, if, in the yen to change back to the British pound or the dollar, together with the yen promotion factor to take into account, there will be five or six times the profit, which is in accordance with the conventional considerations to come.

In fact, in the bubble economy, if you catch the Japanese stock market’s star stock, which is commonly known as the king of the stock, that is not at all five or six times the profit, but a day can be rolled out five or six times the principal.

With Japan’s economy riding high, ordinary Japanese people are faced with money to spend as they please, things to buy as they please, jobs to find as they please, and every day of the future will be better.

“Is five billion pounds enough?” Pamela Mountbatten inquired pathetically, “My dear, I have such trust in you, you have to realize that once you lose it, all these years of hard work, can be ……”

“But then what?” Alan Wilson with a face of this family in the end who said the counting tone, “nothing more than two more years of hard work to make up for the loss again, successful? That’s a profit that could sell the noose.”

Three hundred percent profit can sell the noose, this eyeballing is five or six times the profit, isn’t it worth rushing up to put their necks on it?

“Don’t worry, near one hundred percent success. Maybe Washington has been talking to Tokyo for several rounds now, only secretly, without our knowledge. Isn’t that normal, we talk to Saudi Arabia secretly too, to avoid letting the Americans know.”

Alan Wilson was kindly relieved, but hidden as tightly as it was, by the time it was time to do it it would be out in the open, and by the time the first British Typhoon fighters showed up in Saudi Arabia, the US would know about it.

Alan Wilson had no way of knowing the inside story of the negotiations between the United States and Japan, but was certain that this negotiation must have existed, which it did.

The first negotiation even took place in 1983, when a major country was cracking down, and the U.S. Treasury Department for the first time asked Japan for three major reforms: liberalization of access to financial markets, liberalization of interest rates, and internationalization of the yen.

A month later, U.S. President Reagan visited Japan, and among the three major reform requests, he made clear the policy of “correcting the low yen. The basis for these governmental demands for Japan came from an American company.

Caterpillar Inc. released a report entitled “The Dollar-Yen Paradox – Existing Problems and Solutions”. The then chairman of the company was Lee Morgan, and the report is often called the “Morgan Report.”

Caterpillar is one of the world’s largest manufacturers of construction and mining machinery. In the seventies and eighties, Caterpillar, like many American companies, faced with the Japanese counterparts of the siege of the impact.

In the international market, Caterpillar’s construction machinery sales were as high as thirty-three billion U.S. dollars, but only three years later, this figure dropped to 1.7 billion U.S. dollars. Being eaten into the market, almost all fell into the hands of Japan’s Komatsu and Hitachi Ltd.

An American company, of course, cannot dictate 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 to put pressure on the Japanese government through them by turning to the U.S. government.

The U.S. had already begun negotiations with the Japanese number theory for this purpose, and with the sure-to-be record trade deficit this year as a backdrop, Reagan was sure to get Japan to respond immediately.

Meanwhile, before 1985 arrived, an ordinary couple from faraway England had a noose ready for sale, personally proven to be strong enough to hang anyone.

The funds of Alan Wilson and the richest woman in the world, turned around among the banks of the world, and by the time they entered Japan, it was already possible for no one to determine exactly which country the initial source was.

Nineteen eighty-four this and the British famous same time year past, people are eagerly looking forward to the arrival of the New Year, but the U.S. Department of the Treasury is a heavy, just rough from the customs and tax aspects of the first-hand information, do not have to bother to verify, the United States in this year’s record deficit of one hundred and forty billion U.S. dollars, nearly forty percent from Japan.

This huge number, so that people can not be easy down, the United States did not occupy Japan, Japan is the enemy of the United States, the United States occupied Japan, Japan is still the enemy of the United States, then the United States is not in vain?

There is this scale of the trade deficit, almost let the United States in Latin America’s heavy-handed lost meaning, financial harvesting can not be done year after year, but Japan’s trade year after year, it is not to let the hard work of Wall Street to pay for it?