Chapter 72 The Depreciation of the Japanese Yen
After Tang Caidi left, Lu Liang also turned on the computer and browsed today's financial news from various countries.
In the domestic stock market, he just glanced at it, because there was another straight line on the floor, and retail investors were so excited.
Some time ago, I was still scolding Lao Xiao for giving malicious warnings, but now I hope that Lao Xiao’s magic soldiers will descend from the sky and lead them out of the sea of misery.
Zhongxin Fuying and No. 12 Futian Road are so ruthless that they ship goods every day. They have sold more than one billion yuan and they have not yet finished.
The stock price went from 48.25 yuan to 35.19 yuan, with a net loss of 1,306 yuan per lot.
The small profits that retail investors made before were not enough to even take back the capital and profits, so they were severely deprived of another piece of meat.
They are still digging for meat.
They see it in their eyes and feel pain in their hearts. The key is that the Gouzhuang floor is shipped, and they can't cut the meat even if they want to.
“Just be patient, there are still two days at most.”
Lu Liang also loses millions every day, but he makes money first, and he is confident and does not panic at all.
Soon, his attention was attracted by Japanese news. After all, he has passed CET-4. Although it is stressful to read articles in English, there is no need to translate every paragraph like before.
Big news has just come out. Japan has temporarily convened a cabinet to raise the consumption tax.
“The aging of society and the declining birthrate are becoming more and more serious, and the national treasury is empty. Raising the consumption tax should be an inevitable choice.”
Lu Liang pondered for a long time, calling up the statistics of Japan’s consumption tax in the past twenty years. The number and magnitude of increases.
At first, Taitiao clamored to sell the city of Tokyo and buy the United States, but he was beaten hard by the old Americans.
The economy has been stagnant for more than 20 years, and only wages have not increased. Whether it is prices or consumption taxes, they have only increased, not decreased.
The last time the consumption tax was raised from 3% to 5%, the Thai baht was shorted in 1997, causing the baht to collapse and causing the financial crisis to sweep across Asia.
"Will the consumption tax, which has not been raised for eighteen years, rise?"
Lu Liang fell into deep thought. If it rises, it will definitely be bad for the Japanese yen, and there will be opportunities for short selling.
If it doesn't rise, it's good for the yen, and shorting is going against the entire market.
Lu Liang thought for a long time, and then called up the exchange rate of the Japanese yen against 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 of the yen.
At that time, one dollar could be exchanged for 79 yen.
Today, one dollar can be exchanged for 108 yen.
For a country's currency,
it has risen by 37.5% in four years, which is no less than a collapse.
It’s like a person’s monthly salary of three thousand.
Four years ago, a bottle of Coke was 3 yuan,
Now it is 4.12 yuan.
Four years ago, that person could buy 1,000 bottles, but today, four years later, he can only buy 728 bottles.
The cost of Coke has actually not changed. The 272 bottles disappearing out of thin air are a reflection of currency depreciation and inflation.
Lu Liang thought for a long time and decided to do something for him.
The depreciation of the yen is an irreversible trend. Natural and man-made disasters are only causes. The key factors are the declining birthrate and aging population.
Children are the foundation of all economies. From the discovery of embryos to graduation from college, it takes at least 20 years. There is only expenditure and no income. During this period, more than tens of millions of industries have been driven.
But the elderly are different. They have cars, houses, and medical insurance and pensions. As they are older, they cannot consume enough. Even the bubble bath industry cannot drive it.
Even if the consumption tax does not increase in the future, short selling will only result in a loss, but the position will not be blown up.
Lu Liang still holds 145 million. It is a despicable waste to have such a large sum of money sitting on the account every day without moving.
He planned to spend 10 million US dollars to play. If he lost money, he could rely on the profit of Tellus A to settle the account.
Lu Liang began to collect information, first focusing on the trading rules of foreign exchange, and secondly the time of the next regular meeting of the Japanese cabinet. The rules of foreign exchange trading are very different from the trading methods of gold in the stock market. They all sell at high prices and buy at low prices.
The current price is 108 yen for 1 U.S. dollar. Without using leverage, 10 million U.S. dollars is converted into 1.08 billion yen.
In the US dollar and yen foreign exchange market, for every point that rises, there is a profit of 10 million yen, equivalent to US$92,500.
If you use leverage, 10 times the leverage, one point of profit will become 100 million, and 100 times will be 1 billion.
Correspondingly, if the leverage of 100 times drops by one point, it will be a loss of 1 billion. Once the margin exceeds 70%, forced liquidation will be triggered.
Leverage usage fees also vary widely, ranging from 50 to 400 times, and the handling fee for each transaction ranges from 60,000 to 10,000.
The next cabinet meeting is scheduled for next Tuesday.
They will fully listen to the opinions of the public before deciding whether the consumption tax should be increased and by how much.
For half a day, Lu Liang was thinking about these two things.
So much so that he didn’t even eat lunch until Tang Caidi asked him to see the company’s new venue.
Lu Liang called Chen Jinchun and came to Lujiazui Financial District, where he went to famous buildings such as Global Financial Market New International.
8 yuan per square meter is just the cheapest, 9 yuan, 11 yuan, and even 15 yuan are everywhere.
Lu Liang is optimistic about the New International Building near the green space. It belongs to the core area of Lujiazui and is a 3-minute walk from the subway station.
The building is 45 floors high, and the office for rent is on the 32nd floor. The usable area is 3,800 square meters, and the rent is 9.5 yuan per weekday.
Although the floors are high, there are also many elevators. A total of 38 German high-speed elevators ensure worry-free work.
"That's it." Lu Liang was very satisfied after eating the hamburger Chen Jinchun had just bought.
It has a first-line river view, overlooking the Bund, and is backed by the Pearl Tower. There are commercial banks such as Bank of China, Ping An, and Hang Seng nearby, making it convenient to handle business in the future.
The property manager was overjoyed when he heard this, with a smile on his face: "Mr. Lu, after discounts, the monthly rent is 1.05 million."
"Mr. Tang, I'll leave this to you. If you have anything else to do, leave first."
Lu Liang smiled and didn't respond. He glanced at the time. He promised to pick up Su Wanyu to learn English in the afternoon, and also signaled to Tang Caidi that the price could be reduced.
High-end office buildings are very expensive, especially if they rent very large office areas, even if they offer a 220% discount, it is not surprising.
The annual rent is more than 10 million, and companies that can afford it often use their own land to build buildings. Those who can't afford to rent don't want such a large office area, so it's very embarrassing.
The original rent was 1.083 million, but according to Lu Liang, the transaction price can be reduced to about 900,000. After all, the property fee is charged separately, which is 28 yuan per square meter per month, which is more than one million yuan a year.
Tang Caidi understood and asked again: "Xiao Chen, do you want to go with you?"
"I'll leave her to you."
Lu Liang threw away the hamburger wrapper, sucked a Coke, and wandered to the underground parking lot of the building.
The casual attire is in sharp contrast to the business people in suits and ties.
As soon as he got in the car, Lu Liang called Su Wanyu: "Are you still at home?"
"Um... yes."
"Thirty minutes later to.”
Half an hour later, Su Wanyu stood at the door of Hongfa Apartment in Wu Village, Guangzhong, holding a walking stick.
Lu Liang drove the car next to her and joked with a smile: "Do you still want me to go down and help you open the door?"
He found that since the employment relationship between the two was not pure, Su Wanyu's face For him, he is often slow to take a shot, and he seems to be naturally dazed.
Su Wanyu jumped to the passenger seat, put away the walking stick, and suddenly whispered: "I want to take a few days off."
Thanks to Xichuan for the reward.
(End of this chapter)