Volume 3 The Stormy Waves of the East China Sea Chapter 25 Change of face
Before the market opened in the morning, dozens of groups, including Mitsubishi, Sumitomo, Shimama, Toyota, Sony, and Panasonic, jointly announced that they would use government-guaranteed loans to buy back outstanding shares and increase their shareholding ratios
The Nikkei rose in response, recovering the 9,000 mark by the end of the morning
The yen exchange rate has rebounded strongly, and the international hot money that was still waiting and waiting has accelerated the inflow into the Japanese foreign exchange market and bought the yen aggressively
By the end of the morning, at least $500 billion had entered the currency market and the yen had closed against the dollar
More hot money flowed into the Tokyo stock market, and Japanese investors, who had regained confidence, also entered the market
The bull market lasted only one morning, and in the afternoon the Nikkei index and the yen fell sharply again
The reason is the same: at noon on the same day, the construction ship responsible for repairing the navigation lighthouse on the Diaoyu Islands left the port of Naha, and before the opening of the Tokyo financial market, the Japanese and Chinese fleets left the port one after another, and the situation in the East China Sea heated up sharply
The war crisis has made the vast majority of investors and small and medium-sized speculators bearish on the Japanese economy
From this day on, Hikohiro and others officially hyped the yen exchange rate, and after the yen exchange rate rose to 130, Hikohiro and others began to sell the yen and buy the dollar and the euro As the yen exchange rate fell to 135 in the afternoon, Hikohiro and others turned to buy a large number of yen
International speculators with a keen sense of smell quickly followed suit, increasing the volatility of the yen exchange rate
For Vice Admiral Jibayashi Xiaolei, who was transferred to the post of commander of the East China Sea Fleet, the turbulence in Japan's financial markets was not attractive at all, and he was only concerned about when he would be able to fight a decisive battle with Japan's "90th Fleet."
The fleet left the port again, and Lin Xiaolei was also excited again
When he encountered the Japanese fleet near the Diaoyu Islands four days ago, Lin Xiaolei wanted to fight, and when he returned, he vented his bitterness to Admiral Ying Changhui, the commander of the navy, and said everything he could, but Ying Changhui did not have the decision-making power to fight or not, and it was not up to the soldiers to decide
Unlike the last emergency dispatch, Lin Xiaolei knew that this expedition would never return empty-handed
Before the fleet left port, all the warships were loaded with fuel, the electronic equipment was fully inspected, the weapons and ammunition were counted from the beginning, and the fleet was in the best state of readiness, except for the fact that the battleships were not repainted
More importantly, there are several more "top secret" documents in the flagship safe
Although it was not time to open the file, Lin Xiaolei didn't know the contents inside, but he guessed that it must be a combat order!
It is not only the surface fleet that participates in combat operations
As soon as the fleet left port, naval aviation provided air cover, and several large anti-submarine patrol aircraft patrolled around the fleet
This is visible, and what is invisible is the submarine that has long been rushing to the battlefield
What annoyed Lin Xiaolei the most was also submarines, especially attack nuclear submarines
Before leaving, Lin Xiaolei only grasped the general activities of each attack nuclear submarine, as well as the patrol routes of more than a dozen conventional submarines, not to mention Lin Xiaolei, I am afraid that even Ying Changhui and Peng Maobang did not know where the six attack nuclear submarines, especially the two + 95 attack nuclear submarines, were hiding
If you want to blame, you can only blame Lin Xiaolei himself
As the commander of the fleet, he should have stayed in the headquarters to coordinate the combat operations of the surface fleet and submarines, thinking that he would have a decisive battle with the Japanese fleet, Lin Xiaolei insisted that the chief of staff stay, and personally led the fleet to make this decision, Lin Xiaolei did not consider the consequences of doing so
Fourteen warships on the sea lined up in a neat column, chopping through the waves and speeding towards the open sea
Looking at the blue sea, Lin Xiaolei couldn't suppress his excitement, a year ago, he became a well-known admiral in the republic, and now, he will once again lead the republic's fleet to face a strong enemy
Lin Xiaolei never doubted the combat effectiveness of the Republic Navy
If you can annihilate a strong enemy thousands of miles away, you can build glory at your doorstep
As the "chief director", Ji Youguo was not excited about sending a fleet until Wang Yuanqing came to tell him that the East China Sea Fleet had rushed to the battlefield as planned, Ji Youguo put down the papers in his hand and smoked a cigarette, he returned to his desk and picked up the report sent by Pang Xinglong
The problems of the domestic financial market are not big, and the benefits brought by the adjustment of the industrial structure and the investment of new technologies in industrial production have offset the negative impact caused by the war, and with the opening of a new round of infrastructure construction, the Republic will enter a peak period of investment in the next five years, and when several major infrastructure projects are completed one after another, the economy of the Republic will enter another period of rapid growth that will last at least 30 years
Ji Youguo is more concerned about the Japanese government's "bailout" measures
At noon on the 14th, the Japanese prime minister publicly stated that he was willing to resolve the dispute over the Diaoyu Islands through peaceful means, and the contradictions between China and Japan eased somewhat, but what happened next was diametrically opposite
Ji Youguo had to believe that Ozawa rushed to the hospital and made a statement in a panic, which was subsequently vetoed
Six years ago, when Ozawa replaced Hatoyama as prime minister, Ji Youguo concluded that Ozawa was a "puppet prime minister" and that Hatoyama was only the nominal party leader, and that it was the political family headed by the Hatoyama family and the Fukuda family that served interest groups that really controlled the Japanese political arena
Ostensibly, the political situation in Japan
Leave; In fact, Ji Youguo knows everything about it
The uncertain policies and inconsistent words and deeds indicate that Japan's political situation has entered a period of turbulence, that the general trend of the Democratic Party of Japan (DPJ), which has been in power for seven years, that the chaotic Liberal Democratic Party (LDP) wants to make a comeback, and that the right-wing coalition, which is gaining momentum, is striving to rise to power, and that the three political forces are balancing and weakening each other, can only make Japan more and more unbearable
The report submitted by Pang Xinglong clearly mentions that the Japanese government provides loan guarantees to major consortia and conglomerates
Strong bailout measures are also the product of political transactions
The Democratic Party of Japan, which claims to be innovative, has been weakening the major chaebols, and its policy is biased in favor of ordinary people, Ozawa suddenly provides loan guarantees to major corporations, nominally to stabilize the stock market, but in reality uses taxpayers' money to save monopolies on the verge of collapse and transfuse blood for major corporations
This policy proves that the DPJ and the Liberal Democratic Party are working together to save the Japanese economy
The building will fall, and it will be difficult to support it alone
Ji Youguo did not believe that a political party, a few political families, and dozens of conglomerates could save the declining Japanese economy
The report clearly mentions that the Japanese government's guaranteed credit is very limited
The total deficit of the Japanese government reached 240% of the GDP in 2015, and it is long overdue to file for "bankruptcy protection".
The government's guarantee is nothing more than a statement of attitude and boosting the confidence of domestic investors
As a prime minister who is proficient in the economy, Pang Xinglong analyzed the "bailout" measures that the Japanese government may adopt next, and there are no more than two methods: one is to print money and the other is to borrow money
Through the central bank's issuance of additional currency, which is commonly known as "starting the money printing machine", to solve the problem of liquidity shortage, although the method is simple, but the most direct consequence of endless troubles is to trigger hyperinflation, the depreciation of the yen internally, forcing production enterprises to lower prices, and strive to expand the export market Under the effect of the scissors difference between the two, not only the Japanese economy will suffer an unprecedented harsh winter, but the Japanese national living standard will also be sharply reduced, if hyperinflation continues for several years, the people can not bear the impact of the reduction in living standards, Japan's political scene will enter a period of long-term turmoil, and political turmoil will have an effect on the economy, forming a vicious circle that will eventually plunge Japan into a long-term recession
Borrowing money from the World Bank or the International Monetary Fund, although it is relatively difficult, but it is much less harmful Japan has hundreds of billions of dollars of withdrawal rights in the IMF, that is, the International Monetary Fund, and can also obtain huge loans from the World Bank controlled by the United States For the Japanese government, to be precise, Japanese companies that need to borrow, what should be considered is not whether they can borrow enough money, but how to repay the arrears If the Japanese economy has been sluggish for a long time and borrows from international institutions on a large scale, it will inevitably lead to a repayment crisis. As a result, a large number of companies that could not survive the harsh economic winter went bankrupt, and only a very small number of companies benefited from it
At the end of the report, Pang Xinglong clearly mentioned that the Japanese government is very likely to apply for huge loans from international organizations to fill the foreign exchange gap and help enterprises tide over the difficulties when the economic situation deteriorates further and international hot money is withdrawn from the Japanese financial market
Although Ji Youguo does not know much about economics, especially finance, he believes in Pang Xinglong's judgment
At this time, Japan was like a passerby walking on a mountain road, with an abyss on one side and a steep cliff on the other, and it was impossible to climb or fall, so you could only walk forward
A palm, or a pull?
Ji Youguo will not think about this problem, the decision is not made by him alone, the plan has already been made, the action has been launched, and all that remains is to see how Japan falls off the cliff
Perhaps, it can also accelerate the process of Japan's defeat
Closing the document, Ji Youguo smoked two cigarettes in a row, and it wasn't until Wang Yuanqing came in and turned on the exhaust fan that he extinguished the cigarette butt
"Has the fleet departed?"
"I left the port a few hours ago, and I'm about to leave the EEZ."
Ji Youguo nodded: "What are the arrangements for the evening?" ”
"I'll push everything I can for you, if you want to rest, I'll help you push the State Council meeting."
"Let Premier Pang preside over the meeting, and then come back to report to me after the end" Ji Youguo rubbed his forehead, "Prepare a little light for dinner, my appetite is not very good these days"
"Would you like to ask a doctor to take a look?"
"I'm not sick, what do I do with the doctor?" Ji Youguo glanced at the secretary, "I know what you want to say, I will pay attention to my body"
Wang Yuanqing sighed secretly, and he didn't want to say anything
After waiting for the secretary to go out, Ji Youguo picked up the phone on the table and dialed the number of the Military Intelligence Bureau
The conversation that started made him think of a question
Japan is a "sick person", or a terminally ill "patient", and the so-called serious illness uses fierce medicine, and the Japanese government is very likely to save the market in advance
This must be deployed for this situation
Damn it*
Today's 30 more, kill the first place on the update champion list, and beg for a monthly pass! (To be continued)