After divorce, I can hear the voice of the future
Chapter 72 The depreciation of the yen
Chapter 72 The depreciation of the yen
After Tang Caidie left, Lu Liang turned on his computer and browsed today's financial news from various countries.
He just took a look at the domestic stock market, and because it was another straight line to the floor, retail investors were being cut to pieces.
Some time ago, they were still scolding Lao Xiao for his malicious warnings, but now they hope that Lao Xiao will come down from the sky and save them from their suffering.
Zhongxin Fuying and No. 12 Futian Road are too aggressive. They sell floors every day and have sold over ten billion yuan, and they haven’t sold out yet.
The stock price fell from 48.25 yuan to 35.19 yuan after three consecutive limit downs, with a net loss of 1306 yuan per lot.
The small profits that retail investors had made before were not enough to get back their principal and interest, and they were severely exploited again.
Or continue to dig meat,
They saw it with their own eyes and felt the pain in their hearts, but the key point was that the dog house was selling its floors and they couldn't cut their losses even if they wanted to.
"Just bear with it for a while. It will only take two days at most."
Lu Liang also suffered losses of several million every day, but he had made some profits before, so he was confident and not panicked at all.
Soon, his attention was attracted by the news from Japan. After all, he had passed the CET-4. Although it was stressful to read the article in English, he did not have to translate every paragraph as before.
Big news just came out: Japan held an emergency cabinet meeting and intends to raise the consumption tax.
"With an aging society and declining birthrates, and the national treasury empty, raising the consumption tax should be an inevitable choice."
Lu Liang pondered for a long time and called up the number and magnitude of consumption tax increases in Japan over the past twenty years.
They were too aggressive at the beginning, clamoring to sell Tokyo and buy America, but ended up being severely beaten down by the Americans.
The economy has been stagnant for more than 20 years, and the only thing that has not increased is wages. Whether it is prices or consumption taxes, they have only increased and not decreased.
The last time the consumption tax was raised from 3% to 5% was in 97 when the Thai baht was shorted, causing its collapse and leading to a financial crisis that swept across Asia.
“Will the consumption tax, which has not increased in 18 years, increase?”
Lu Liang fell into deep thought. If the price went up, it would definitely be bad for the Japanese yen and there would be an opportunity to short sell.
If it doesn't rise, it will be good for the Japanese yen, and short selling means trading against the entire market.
Lu Liang thought for a long time, then looked up the exchange rate of the Japanese yen to the US dollar in the past few years, and suddenly laughed.
A natural disaster and a man-made disaster four years ago directly opened the downward channel for the Japanese yen.
At that time, one U.S. dollar could be exchanged for 79 Japanese yen.
Today, one U.S. dollar is worth 108 Japanese yen.
For a country’s currency,
It has increased by 37.5% in four years, which is no less than a hemorrhage.
Just like a person's monthly salary of three thousand.
Four years ago, a bottle of Coke cost 3 yuan.
Now it’s 4.12 yuan a bottle.
Four years ago, that person could buy 1000 bottles, but today, four years later, he can only buy 728 bottles.
The cost of Coke has not actually changed. The 272 bottles that disappeared out of thin air are a reflection of currency depreciation and inflation.
Lu Liang pondered for a long time and decided to do something with him.
The depreciation of the Japanese yen is an irreversible trend. Natural disasters and man-made disasters are only the triggering factors. The key reason is still the declining birthrate and aging population.
Children are the foundation of all economies. From the discovery of an embryo to graduation from college, it takes at least 20 years, with only expenditure and no income. During this period, the industries driven by this period are worth tens of millions.
But it’s different for the elderly. They have cars, houses, medical insurance and pensions, but their consumption is poor due to their age, and they can’t even boost the bubble bath industry.
Even if the consumption tax does not increase in the future, short selling will at most result in a small loss, and the position will not be wiped out.
Lu Liang still holds 1.45 million yuan. It is a despicable waste to have such a large amount of money lying in the account every day without moving.
He planned to take out 1000 million US dollars to play around. If he lost money, he could make up for it with the profits of Home Depot A.
Lu Liang began to collect information, first focusing on the foreign exchange trading rules, and then the time of the next regular meeting of the Japanese cabinet. The foreign exchange trading rules are similar to the trading methods of gold in the stock market, selling at high prices and buying at low prices.
The current exchange rate is 1 US dollar to 108 Japanese yen. Without using leverage, 1000 million US dollars can be exchanged for 10.8 billion Japanese yen.
In the USD/JPY foreign exchange market, every one point increase results in a profit of 9.25 million yen, equivalent to USD.
If you use leverage, 10x leverage, one point of profit will become 1 million, and 100 times will be 10 billion.
Correspondingly, a one-point drop in the 10x leverage means a loss of 70 billion. Once it exceeds % of the margin, it will trigger a forced liquidation.
The fees for using leverage also vary greatly, ranging from 50 to 400 times, and the handling fee for each transaction is between 6 and 10ths.
The next cabinet meeting is scheduled for next Tuesday.
They will fully listen to public opinions and then decide whether to increase the consumption tax and how much it should increase.
Lu Liang spent half a day thinking about these two things.
He even skipped lunch until Tang Caidie asked him to go see the company's new location.
Lu Liang called Chen Jinchun and went to the Lujiazui Financial District, and went to famous buildings such as the Global Financial Trade New International.
8 yuan per square meter is just the cheapest. 9 yuan, 11 yuan, and even 15 yuan are common.
Lu Liang is optimistic about the New International Building near Greenland, which is located in the core area of Lujiazui and is a 3-minute walk from the subway station.
The building has 45 floors, and the office for rent is on the 32nd floor, with a usable area of 3800 square meters and a daily rent of 9.5 yuan per square meter.
Although the floors are high, there are also many elevators, including 38 high-speed elevators from Germany, ensuring worry-free commuting.
"Let's go with this one." Lu Liang was eating the hamburger that Chen Jinchun had just bought. After turning it around, he was very satisfied.
It has a first-line river view, overlooking the Bund, with the Pearl Tower behind it and commercial banks such as Bank of China, Ping An and Hang Seng Bank nearby, making it convenient to handle business in the future.
The property manager was overjoyed when he heard this, and smiled: "Mr. Lu, after the discount, the monthly rent is 105 million."
"Boss Tang, I'll leave this to you. I have something else to do so I'll leave first."
Lu Liang smiled but did not respond. He glanced at the time. He had promised to pick up Su Wanyu in the afternoon to learn English. He also signaled to Tang Caidie that the price could be bargained down further.
The prices of high-end office buildings are very high, especially those that rent out super-large office areas. It is not surprising to see a 30% to 40% discount.
The annual rent is more than 10 million yuan, and companies that can afford it usually buy land and build buildings themselves. Those who can't afford it don't want such a large office area, so it's very embarrassing.
The original rent was 108.3 million yuan, and Lu Liang thought that the transaction price could be reduced to about 90 yuan. After all, the property management fee was charged separately, 28 yuan per square meter per month, which would cost more than one million yuan a year.
Tang Caidie understood and asked, "Xiao Chen, do you want to go with me?"
"I'll leave her to you."
Lu Liang threw away the hamburger wrapper, sipped his Coke, and staggered to the underground parking lot of the building.
His casual attire formed a sharp contrast with the business people in suits and ties who were passing by.
As soon as he got in the car, Lu Liang called Su Wanyu: "Are you still home?"
"Um... yes."
"I'll be there in thirty minutes."
Half an hour later, at Hongfa Apartment in Guangzhong Village 5, Su Wanyu stood at the door with a cane.
Lu Liang drove the car next to her and joked with a smile: "Do you want me to get down and open the door for you?"
He discovered that since their employment relationship was not pure, Su Wanyu was often a step slow and silly when facing him.
Su Wanyu hopped to the passenger seat, put away her crutches, and suddenly whispered, "I want to take a few days off."
Thanks to Xichuan for the reward.
(End of this chapter)
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