Chapter 76: Not even gods can save him [Please subscribe]
On Tuesday morning, the cabinet meeting was held as scheduled.
The time difference between China and Japan is only one hour, so Lu Liang doesn't have to stay up late. He wakes up and walks slowly to the company.
Having breakfast, I turned on the live news room, and the camera was pointed at the second floor of the National Assembly Hall.
The podium has been set up, and we are waiting for the cabinet meeting to end and announce the parliamentary decision to the whole country.
The camera occasionally flashed to street scenes, where people with white bandages on their heads took to the streets to protest against the increase in consumption taxes.
Lu Liang opened the software. Although the decision had not been announced yet, the exchange rate between the United States and Japan could no longer be suppressed.
This has something to do with the fact that some banks prohibit people from exchanging foreign exchange in order to protect themselves.
International speculators are like a group of bloodthirsty wolves, waiting for the moment their prey dies, and then attack in groups.
Lu Liang maintained a 5% position without making any moves. He planned to open a position at the lowest level to maximize profits.
At ten o'clock in the morning Beijing time, the cabinet meeting ended, and people walked out of the chamber one after another.
Surrounded by everyone, Anshan walked onto the podium and the first sentence he spoke was: "Private Marseille."
Step back half a step to the left and make a standard ninety Bowing too much is like an ancient emperor issuing an edict to punish oneself.
He sadly recounted the very difficult decision to raise the consumption tax from 5% to 8%.
The press conference is still being held, but no one is willing to listen to what will be said later.
The increase in consumption tax is a fait accompli, a visible and tangible piece of huge bad news.
Although they have talked about implementing an economic stimulus policy worth 5.5 trillion yen, they are just empty promises.
The foreign exchange market responded quickly. This was a carnival for international speculators.
It was just a feast, not as rich as imagined. There were many people who thought the same as Lu Liang.
Over the years, Ansan has been regarded as the most stubborn leader, and he also invented the famous ‘Ansan Economics’.
Although he is ridiculed as ‘Ansan’s political science’, it is undeniable that he has profound attainments in finance.
Everyone is waiting, waiting for him to show off his plans, waiting for him to reveal all his cards, and no one wants to be the one who takes the lead.
Amid the atmosphere of suspicion, the yen halted its decline.
110 yen is like a chasm.
"Is it really true? Or is it an empty city?"
Lu Liang frowned and observed the market.
He can also use US$47.5 million, which is considered a considerable force in the market.
If you wait until the market starts, you will definitely not be able to grab big capital, and you will have to follow them and drink some soup.
A few months ago, he would drink a little, but now Lu Liang's appetite is getting bigger and bigger, and he wants to eat a lot.
"Others are greedy and I am fearful. Others are fearful and I am greedy. Since no one wants to be the one who stands out, then I will."
Lu Liang squinted his eyes, spent 20 million US dollars, created 4.36 billion yen short orders, and threw them into the market.
The position is 45%, the cost price is 109.1100 yen, and the profit and loss of one point is 194,900 US dollars.
The maximum acceptable drop is 18 points. Once the loss exceeds 3.5 million, the forced liquidation line will be triggered.
20 million US dollars entered the market that had been silent for a long time, causing ripples.
A large number of small-amount short selling orders followed up. The short army seemed to have found a leader and instantly broke through the 110 yen mark.
However, the short army had not had time to be happy. A large amount of money poured into the market, and the US-Japan exchange rate stopped rising.
The foreign exchange market took a turn for the worse as the Bank of Tokyo held a press conference to implement a three trillion yen infrastructure plan.
The Minister of Finance stated that it is necessary to achieve a virtuous cycle of growth and distribution to put the economy on the track of independent growth.
In a word, if you want to get rich, build roads first, take them from the people and use them for the people, and build a prosperous Tokyo economic circle.
As soon as the press conference ended, the exchange rate between the United States and Japan instantly returned to 108 yen, and countless highly leveraged short positions were liquidated instantly.
Because retail investors don't have enough funds, they all want to use their small capital to make a big gain, often using high leverage of 50 times or 200 times.
Even a single point fluctuation can cause them to liquidate their positions and even lose their margin accounts. During this wave of minor corrections, Lu Liang recorded a loss of US$246,000.
“It’s not enough, the new security law is the key point.”
Lu Liang firmly believes that the United States will not allow its authority to be violated. The big one has not yet come. Anshan’s trump card It’s not finished yet.
As if to verify his conjecture, news suddenly spread that the Foreign Secretary had interviewed the commander of the US military stationed in Japan.
An agreement was reached on the funding for the US military stationed in Japan. Japan will bear approximately US$18 billion in costs in the next five years.
Compared with the previous five years, it has increased by 8.5% year-on-year, including water, electricity and gas fees, employee wages and training transfer fees, etc.
“Voluntarily increasing the protection fee, are you trying to spend money to make peace?”
Lu Liang understood Anshan’s thoughts and looked at the foreign exchange market. The air force was getting weaker and weaker and was about to fall below 107 JPY.
He sold another $20 million, and his account position rose to 85%, directly curbing the rising momentum of the Japanese yen.
At this time, the situation is not clear. Only Lu Liang is operating a force, which has the impression that there are no tigers in the mountains and the monkeys dominate.
The Japanese side has made amends and apologized.
Everyone is waiting for America’s attitude.
Lu Liang stayed in the company until late at night. When he opened the blinds, he saw Chen Jinchun still staying at his post.
He walked out of the office: "Pour me a cup of coffee, and then you go back first. There is no need to lock the door of the company."
The time difference between China and Japan is only one hour, but the time difference between China and the United States is 12 hours, so he also Waiting.
Whether the US accepts or rejects will largely determine the subsequent direction of the US-Japan exchange rate.
Chen Jinchun was stunned: "Mr. Lu, aren't you getting off work?"
"There is still some work to be done." Lu Liang shook his head and asked Chen Jinchun to go back early and pay attention to safety on the road.
In the blink of an eye, the company was empty, with only the office lights still on.
Lu Liang set the alarm and planned to take a nap.
At two o'clock in the morning, the official website of Wall Street updated an article.
The editor-in-chief personally interviewed Soros, the god of speculation, and asked him about his views on the direction of the Japanese yen.
“Create inflation expectations and let consumers know that prices will rise in the future, so they will buy some goods as soon as possible, thus driving consumption and investment, thereby reversing long-term consumption and extremely depressed investment conditions.”
"This is a paradox. The real free market cannot be controlled. Doing so will inevitably be counterattacked by the market."
The gray-haired 80-year-old man bluntly criticized the 'Ansan Economic Theory' basic operating logic.
After all, this is not the first time he has done this, and his intention to short the yen is almost written on his face.
The foreign exchange market is in turmoil again, instantly rising 5 points to 112 yen.
At this critical time point, the Wall Street Journal invited Soros for an interview, and Soros agreed. The content of the interview was still about the direction of the yen.
It can be said that this is Sima Zhao's heart, and everyone on the road knows it.
At three-thirty in the morning, news suddenly came from the White House.
About six hours ago, Lucian met with the Ice Princess, and the two sides had a friendly exchange on the 66th anniversary of the establishment of diplomatic relations between the United States and South Korea.
“Knockout!”
Lu Liang was amazed and had no time to express his gratitude to Laomei for his strength. He quickly operated his account and repurchased a large amount of Japanese yen to close his position.
Because the moment the news came out of the White Room, the U.S.-Japan exchange rate instantly rose by 13 points to 125 yen.
No one knows that in the early 1990s, Bangzi Country developed by relying on the dismemberment of the Japanese economy by the United States.
At this time, Lucian met with the Ice Princess and made it clear that he was going to give Anshan eye drops.
If you don’t accept the apology, the new security law will never end.
Interviewing with the Ice Princess is political suppression, and Soros’s appearance is economic suppression.
With a two-pronged approach, the downward channel for the depreciation of the Japanese yen has been opened, and even the gods and gods will be unable to save it.
(End of this chapter)