Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in oicq.net -> Fantasy -> Resource Empire

Text Chapter 52 Wrong judgment?

Previous page        Return to Catalog        Next page

    Update time: 2012-09-25

    Time has entered November of 1984, and the weather in Hong Kong is still hot.  However, the atmosphere in Liu Dong's company is as cold as the three-nine days.

    The yen¡¯s turmoil has been going on for several months. Many Japanese export companies have been greatly affected, and even many small companies have begun to go bankrupt.  Even those giants have been greatly affected, including the Japanese automobile industry.

    Toyota, Honda, Mitsubishi and other automobiles have been affected to varying degrees by the increasingly fierce anti-Japanese sentiment in the United States.  Although Japanese government staff are working hard to deal with the White House, trying to change the current situation.  However, it didn't have much effect.  In the United States, anti-Japanese people can do whatever they want to do, and they have not been affected at all.

    Not only that, these anti-Japanese teams have gradually grown.  Those American industrial workers who had been squeezed out of their working space by the Japanese took to the streets one after another and carried banners saying "We want work, we want bread, and we want to survive."

    Although they did not specify that it was the Japanese who caused them to lose their jobs, looking at the banners displayed by other people marching together, any idiot would understand that these people were targeting the Japanese.  Especially those in the automobile industry, including large companies like General Motors, have employees participating in demonstrations, because General Motors has been in contact with Mazda, and Mazda is owned by the Japanese.

    "If these demonstrations are just the resistance of the people at the bottom to the Japanese, then the economists' remarks about Japan published in the newspapers can be regarded as the dissatisfaction of the high-level people with Japan.

    Those scholars said in the newspapers.  Due to the long-term depreciation of the yen, the Japanese invaded the U.S. market on a large scale, causing collective turmoil in some industries in the United States.  A large number of cheap Japanese goods continue to pour into the American market.  These despicable Japanese have driven high-quality American products off the shelves, but have allowed their defective products to flow into thousands of American households.  If the government does not pay enough attention to this issue, it will affect the health of Americans.

    Low price means no good product. The low price of Japanese products will inevitably affect the quality of the product.  Things with quality issues like this are now openly flowing into the US market. The customs department should provide an explanation for this incident.  Congress should also save our national businesses.

    Those scholars have called for the government to take a tough stance in order to stop the Japanese from flooding the U.S. market with cheap goods.  Let the yen appreciate and return it to its true status, rather than devaluing its own currency as it does now to take advantage of the export market.

    ¡° Some U.S. government officials have even said on unofficial occasions that the government is considering a proposal to appreciate the yen.

    Such menacing actions have added fuel to the fire, allowing the Japanese yen to appreciate slowly but firmly despite numerous thrusts.  Now, compared with the beginning, the yen has risen by an astonishing 5%.

    Under such circumstances, Liu Dong¡¯s previous worries seemed to be superfluous.  Especially since he had previously arranged for everyone to short the yen, and also buy the yen low in the futures market. Seeing the delivery date approaching, if there is no change in the yen by then, Liu Dong will definitely lose all the funds invested.  The entire 60 million U.S. dollars was undoubtedly wasted.  Such a result will certainly not put people in Liu Dong's company in a good mood.

    And Liu Dong now also has doubts about his judgment.  It was still too reckless. He didn't understand the financial industry to begin with. He just relied on the knowledge of later generations and would inevitably make mistakes.  And now, it seems to be proving that Liu Dong is not omnipotent.

    In terms of materials science, there is no doubt that he can be regarded as the top expert at the time.  However, in the financial industry, he is an underachiever.  As the saying goes, there are two different industries, not to mention two completely unrelated industries. Even if Liu Dong had the knowledge of later generations, it would be impossible for him to cover everything.

    ??The description of this financial war in later generations is not very clear. The inside stories are all sealed in files. People who specialize in finance may know some inside stories, but it is not so convenient for outsiders to understand the information.  Especially for a layman like Liu Dong, it is good to know about the Plaza Accord. How exactly this matter developed, Liu Dong can be said to be completely blind.  As for Mitsui and the others, they have not made any favorable moves until now.

    This shows that the Japanese really seem to have no backup plan.

    Regarding this point, Liu Dong miscalculated.  Fortunately, I still have more than 60 million US dollars in hand, so it is not a total loss.  It's just that this lesson is too big, and it's so big that Liu Dong can't bear it. He is not fighting for himself now, but for his family.

    Sitting in your own little roomIn the office, Liu Dong was playing with his water glass absentmindedly, thinking about what to do next if he really threw away the 60 million.

    Although there are still about ten days until the first batch of futures are delivered, according to the current situation, unless there is a miracle, this first batch of futures will 100% be swallowed up.  Although the first batch of futures is not much, it is like three million.  Liu Dong doesn't value this small amount of money, but after the first batch, a large amount of futures will need to be delivered. By then, all that will be delivered will be Liu Dong's flesh.  Even though he was being cut, Liu Dong still had to bleed.

    No one would feel comfortable just watching their money being swallowed up.  Even if all the money is lost, it will not affect the overall situation.  At most, it will all be recovered after the Plaza Accord is signed. However, losing half of the funds means that more than half of the income will be lost.  Funds only form strength when they are integrated and scaled. Even Liu Dong, a guy who doesn't understand finance, understands this.

    If more than half of the income is lost, the knife used to kill Japan will be much blunter, and it will not be able to cut the bones at once.  It also has an impact on Liu Dong's future plans.  He plans to finish making money from Japan and then open a factory in China. The factory he expects will have a huge market.  Now that the money is gone, some projects will inevitably not be launched.  Such a series of issues are all that he needs to consider.

    So, in the past two days, after Liu Dong arrived at the company, he locked himself in the office and was alone in a daze.

    Just when Liu Dong was in a daze, there was a knock on his office door.  Liu Dong was upset and didn't want to open the door at all, so he ignored it.  However, just because he ignored it did not mean that the person knocking on the door would not take any subsequent action.

    The door rang lightly and was opened from the outside.  Immediately afterwards, a graceful figure walked in.

    The only woman who dared to open the door of Liu Dong's office at this time and place without permission was Chen Jie.

    Seeing Chen Jie come in, Liu Dong raised his head and said feebly: "What's the matter, beauty? What's the matter?"

    Chen Jie has been following Liu Dong for almost a year, and she has some understanding of Liu Dong's temperament.  Even though Liu Dong seems to have no image on weekdays, he is also very kind to his employees. Most of the time he is looking at his professional information, and he doesn't look like a boss at all.  However, Liu Dong has always been very energetic, and now he is obviously severely beaten.

    To be honest, Chen Jie also has small thoughts about Liu Dong.  Liu Dong's real core team is basically all men, and she is the only woman.  In such an environment, after being in contact for a long time, Chen Jie also had a feeling for Liu Dong.

    To talk about Liu Dong's standard, according to the 21st century, he is a standard tall, rich and handsome man. Not only does he have a strong backing, but he also has considerable abilities. The funds he manages by himself are larger than those of many large state-owned enterprises.  There are still many of them, and they are young and knowledgeable.  I also earned my own money and did not rely on my family.  For such a person, let alone mainland China, even in Hong Kong, it seems that no one can compare with him.

    It is normal for Chen Jie to have some feelings for Liu Dong.  On weekdays, Liu Dong would often make some jokes with her, which meant they had some tacit understanding.  Although Chen Jie knew that she could not reach Liu Dong's level, even if Liu Dong agreed, their family would not agree.  However, this does not prevent Chen Jie from being Liu Dong's confidante.

    As Liu Dong¡¯s confidante, seeing that Liu Dong was depressed, it was natural to think of some ways to make him happy.  Although so far, there is no hope that Liu Dong's funds will survive again, Chen Jie has to comfort Liu Dong from this aspect.

    "Xiaodong, don't be like this. Don't you still have about ten days? Maybe a miracle will happen? Just look at it, they are all big bosses with a net worth of hundreds of millions. What does this little money mean?"  Chen Jie said grandly.

    Liu Dong, who was still a little confused at first, laughed when he heard Chen Jie's tone.

    This is what Chen Jie would say now. Half a year ago, when Chen Jie was not familiar with Hong Kong, if she had heard that Liu Dong had lost 60 million US dollars, she would have turned pale with fright and cried.  The sky is dark and the earth is dark.  Well now, after working in the international finance industry with the Lin brothers for more than half a year, I started to think that 60 million US dollars is a small amount.

    If she dared to say this at home, she might be dragged to a mental hospital by her father.  Thinking of this, Liu Dong's depressed mood improved a little. When he saw Chen Jie's beautiful dress today, an idea suddenly came to his mind.

    Liu Dong pretended to be pitiful and said to Chen Jie: "Good Jiejie, I'm really hurt this time and I need your comfort. I have a request that I don't know whether to make or not."

    "What's the request? Tell me." Seeing Liu Dong's pitiful look, he askedWhen he still needed comfort, Chen Jie suddenly felt that something was wrong.

    "My heart has been hit and I need a warm embrace. Now there are only two of us in the office, so I will reluctantly lend you your embrace." Liu Dong said with a very disadvantaged expression.

    Hearing Liu Dong¡¯s hooligan words, Chen Jie suddenly turned red.  She left the words: "Get out!" and hurriedly left Liu Dong's office. She even closed the door of the office as if she was afraid that Liu Dong would suddenly intercept her.

    {Piaotia Literature www.piaotia.net thanks all book friends for their support, your support is our greatest motivation}
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report