September 22, 1985, New York, USA, Plaza Hotel.

Square Hotel was founded in 1907; located in the fifty-ninth street in New York, New York, it is opposite to Central Park, and the Square, the Square Hotel is there.

The hotel is built in the style of French Renaissance and builds a "castle"-shaped building in the south side of Central Park. The internal decoration of the Plaza Hotel is extremely exquisite, and there is more than 1,600 crystal chandeliers. These crystal chandeliers are complex and gorgeous, and each is a valuable art.

The center of the hotel hall is a famous "palm hall", the palm tree is shown, the crystal lamp is refracted through the layer mirror, and the silverware of the golden gold is placed on the white cloth table. The legendary actress Marilyn Monroe, Elizabeth Taylor and other celebrities have been here.

At this point, New York Plaza Hotel Conference is experiencing the most important meeting in the past 80 years.

US Finance Minister James Baker, Japanese Finance Minister Bamboo Down, Federal German Finance Minister Jart - Stononberg, French Finance Minister Pierre - Bergberg, British Finance Minister Nigel Lawson and other five developed Ministers of Industrial State and the President of the Wuc Central Bank held a meeting in New York Square Hotel.

Since 1980, there are two changes in the US domestic economy, first of all, the foreign trade deficit has been expanded year by year, and in 1984, it accounted for 3.6% of the year GDP. Secondly, the emergence of government budget deficits. Under the shadow of the double deficit, the US government has developed an economy to develop economic resources in China's basic interest rates. The export capital of foreign capital has made the US dollar constantly appreciates, and the US export competitiveness has declined, so it expands to foreign trade deficits. Crisis. Under the pressure of this economic crisis, the United States hopes to depreciate the US products to reduce the trade deficit to reduce the trade deficit.

In 1977, the US Carter Government's finance minister Brumea was based on the trade surplus of Japan and the federal Germany, and the foreign exchange market was oral intervention, hoping to stimulate the US exports to reduce the US trade deficit. His speech has led to investors to sell the dollar, and the dollar depreciates the currency of major industrial countries. At the beginning of 1977, the exchange rate of the US dollar against the yen was $ 290 yen, and 1978 fell to 170 yen in 1978, and the decline reached 41.38%. In the fall of 1978, the US President Carter launched a "Save the Dollar Piece Program" to support the dollar price.

From 1979 - 1980, the world's second oil crisis broke out. The second oil crisis has led to a significant increase in US energy, and the US consumer price index has high climbing, the United States has serious inflation, and the inflation rate exceeds two digits. For example, in early 1980, the money saved to the bank, and the actual rate of revenue from the end of the year was - 12.4%.

In the summer of 1979, Paul Wolk took the chairman of the US Federal Reserve Committee. In order to govern serious inflation, he raised the official interest rate and implemented a tightened monetary policy for three consecutive times. The result of this policy is that the United States has a high-level official interest rate and market interest rate, and the short-term actual interest rate has a average level of zero in 1978 and 1978, rising from 1980 to 1984, from 3% to 5%.

The high interest rate attracted a large number of overseas funds into the United States, causing the US dollar soaring, from the end of 1979 to 1984, the US dollar exchange rate rose nearly 60%, the US dollar has exceeded the main industrial countries exceeding the Level of the Bretton forest system.

The US dollar significant appreciation has led to the rapid expansion of the US trade deficit. By 1984, the US regular project deficit reached a record of $ 100 billion.

If this is in this way, the US economy will be very dangerous and may even lead to crash. A strong country that is strong, if you want to solve the economic problem, the war may be a good choice. The Soviet Union is still there, Americans don't dare to be too arrogant. Plus Japan, Germany is a hardcore,

As the host, but also the boss of the G5 Alliance, US Finance Minister James Baker first said: "The US domestic economy is very bad, because the dollar has increased significantly. Make the domestic manufacturing loss, there is no competition at all in the international market Advantage."

"Although the US government advocates economic freedom, there is never interferes with the management and development of domestic enterprises. But the United States wants to maintain high military expenditures, and taxes in domestic enterprises cannot be reduced."

"At present, the Soviet Union is a big enemy. Everyone only has the enemy, and it is difficult to compete in the unbeaten place."

It is said that there is such a crown emperor, people who are present are not a fool. The US own economy can't work, ready to other national wool. Domestic companies are competitive, and German companies, is it really worth adding? Nothing, there is no problem in the United States.

Examples of single-taking workers, US workers' salary is 1.2-1.5 times, Side, but only about 80% of workers in two countries. You know that these are ordinary workers, and the executives are more free. Therefore, economic development can't be only attributed to the value of US dollar. But no one can say this, it's nothing to say anything.

If you dare to do this, you can completely sin. As James Baker said, the Soviet Union is a big enemy. They need Americans to fight against the polar, and then ensure their safety. Although national security is very dangerous, there is no good way to currently do.

At this time, the French Minister Pierre Beberg, the British Finance Minister Nigel Lawson is steadily sitting on the Diaoyutai; after all, their economic scale is not enough to let Americans are jealous.

In 1985, Japan replaced the United States to become the world's largest creditor country, and the products made in Japan were flooded worldwide. The footsteps of Japanese capital crazy expansion, making Americans exclaiming "Japan will peacefully occupy the United States!"

Of course, this world is not so obvious because there is a black cloud group, but the actual situation is similar. Japanese products are still very competitive, at least Baozi Xuan did not grasp all the winners. Although the single-player may not be the opponent of the Black Cloud Group, the unhefined strength is absolutely not enough.

At this time, the economic development of the federal Germany is also very rapid. In the fields of mechanical manufacturing, chemical, finishing, automobiles, etc., Germany can be said to go to the world. In addition, there is no huge military expenditure, making Stri funds can be used in economic development, and the days are very moist.

For two World War I defeated countries, the economic strength exceeds them. The English and France is of course not willing, plus two of Germany used world hatred. Seeing the Germans unlucky, I am afraid that I have a loss.

Japanese Finance Minister Bamboo Deng Tongtian Federal German Finance Minister Jiehart - Stononberg exchanged his eyes, it can be seen that the two have guess what is the purpose of Americans. But at this time, many places need to be relying on the Americans, at least facing the strong military threat of the Soviet Union, no American helping, must not hold.

Bamboo is very serious: "There is only the United States in the world to compete with the Soviet Union, so Japan is not willing to have a US economy to collapse. It is necessary to do in Japan.

Seeing the Japanese have been express, Jiehart Stononberg also understands the trend. If there is no agreement today, the Americans will never give up, and maybe there will be no moths after it.

Jiehart - Stonoder: "The Minister of Zhu is very reasonable. The US economy must not collapse. Therefore, how to cooperate with the federal Germany, please express it."

He can't express it, after all, compared to Japan, the federal Germany needs the United States. Western-81 military exercises have been four years, but the shock brought to the Germans has not been forgotten. Perhaps the Deutsche Battle of Deutston in the Peak State during the World War II, it is estimated that there is no strength.

No American help, alone, Poor military power alone; don't say that the Soviet Union confrontation, may even have a compatriots and brothers. After all, Sichr has been restricted in recent years. The army has limited scale; weapons may be quite advanced, but the number of steel floods is not a star half of the steel compared to opposite steel floods.

Seeing two expressions, James Baker is very satisfied. These two old kids have also tried, at least who is the master.

Seeing Japan and West Germany have been promising, French Finance Minister Pierre - said Gener said: "France will work all forward, the Western world is not affordable."

France can be said to be the most cost-effective existence relative to other three countries. After all, during the Dai Gaulle's ruling period, it is not the NATO countries. And almost all weapons and equipment can be produced by themselves. Even the weapons and equipment exported to the country, at this time, only less than the US and Soviet Union.

Therefore, in front of the Americans, there is no need to fight knees, at least Gao Lu Xueji is still there.

Seeing the financial ministers of the Three Kingdoms have made statements, the British will not have opinions. They and the United States can be the iron allies, wearing a pants.

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