Chapter 285

The mountain path made of stone strips. The bamboo on both sides of the mountain path has become yellow, and the withered branches and leaves are spread on the stone. When you step on it, you will make a sharp breaking sound, making a crackling sound, and there is a faint melody.

The stone path is close to the top of the mountain, and three women walk together. Among their guards, a small man is climbing up the top of the mountain with difficulty.

At most, the little man is a week old. He is fat and fat. I guess he has just learned to walk for a while. The stone is a bit taller for him. He cannot take one step forward. He can only climb up with all his limbs. Every time he climbs up, he stands up, staggers to grab the woman beside him, stops for a while, then bends down and climbs up one level.

On the five or six steps ahead of the little man, Gumiyaki held a rope in his hand, and a furry teddy bear tied to the other end of the rope. This teddy bear was a bait, luring the little man to climb up the steps.

The mountain climbing process is long and boring, but the little man's Cute state dispels this boredom a lot

Finally climbed to the top of the mountain, the little man finally grabbed the teddy bear in his hand, and sat on the ground with his white butt exposed from his crotch pants. The little man grabbed the teddy bear with both hands and stuffed the bear's head into his mouth.

Throwing off the rope in his hand, Kita Kita picked up his son from the ground, took the teddy bear from his hand, changed his teeth stick and stuffed it into his hand

The little man refused to give up, and raised his little hands and screamed. Seeing that the ugly man holding him refused to satisfy his wish, he turned to find his mother.

I have been with my son for too short time, so my son will inevitably be a little unfamiliar with him. I am also helpless about this. Perhaps this is why the family affection among those big families is relatively weak.

Sending the little man to Akai Lixiang's arms, Miyashita Kiyo turned around and walked towards the pavilion beside him, standing on the side facing the steep cliff, looking at the rising sun in the east

This hill is not high, not even as tall as the reinforced concrete building at the foot of the mountain. However, looking from the pavilion to the east, the view is still very wide

At this time, the rising sun had completely jumped off the ground, and the slight coldness in the early morning was fading away quickly, making people feel a warmth in vaguely

There was a slight sound of footsteps behind him. Miyashita Kita turned around and happened to see Liang Jiaxun instructing several bodyguards to place exquisite breakfasts on the stone table in the middle of the pavilion, and by the way, a folded newspaper was placed on the seat behind him.

Seeing that several bodyguards were finished working, Miyashita Kita lit a cigarette for himself, moved over to sit on the stone table, took a cup of coffee, took a sip, then reached out to grab the newspaper, spread it all over, and placed it on the thighs that were crossing their legs.

This is a Yomiuri Shimbun. Today's front page headline is the continuous report on the Mexico financial crisis

Mexico's financial crisis broke out more than a month ago. The initial reason was that Mexico's domestic political situation was unstable and peasant riots frequently occurred, causing foreign investors to lose confidence in Mexico's prospects, resulting in a large number of overseas investments fleeing.

However, no one expected that this crisis would come so fiercely that in one day, the Mexican government's foreign exchange reserves evaporated by US$4 billion, a drop of more than 40%.

The exhaustion of foreign exchange reserves forced the Mexican government to give up the previously promised anti-inflation policy of the Mexican peso exchange rate to directly nail the US dollar, and directly declared the peso depreciation by 15%

This government's behavior of self-destruction has stimulated international investors who were already afraid. As a result, a large-scale panic of hot money broke out, and tens of billions of international investment fled wildly, thus directly kicking Mexico's finance into the abyss

There is no doubt that for countries like Mexico, the overall escape of international investment is disastrous. During this period, although the United States extended a helping hand and gave the Mexican government 20 billion US dollars in aid and the International Monetary Funding Organization also provided 30 billion US dollars in aid funds, it still did not help. The entire financial order in Mexico collapsed and could not be saved at all.

Of course, Mexico's financial crisis has not only affected one Mexico. In the past month, almost the entire South America has been hit. After the US $20 billion aid program was determined to be a failure, the international status of the US dollar has also been affected.

Affected by the market's decline in confidence in the US dollar, coupled with the situation where the current account surplus in Japan's foreign trade is difficult to decline, major Asian countries began to consciously increase their yen reserves to buffer the impact of the decline of the US dollar. Therefore, in the domestic economic downturn, the exchange rate of the yen against the US dollar began to continue to rise against the trend.

In the macro economy, a well-known rule is that the appreciation of a country's currency will have a positive effect on industries that are mainly dependent on foreign procurement of raw materials or equipment, as well as industries that have high liquidity monetary assets; it will generate temporary exchange returns for industries that bear large amounts of US dollar foreign debt; however, for industries that are mainly export-oriented and industries that are priced internationally, the appreciation of their own currency will have a significant adverse impact.

Unfortunately, under the current economic downturn in the country, the boost to Japan's economy is mainly driven by the export-oriented industries. Therefore, the appreciation of the yen will obviously have a further impact on Japan's already bad economy under the current situation.

In order to eliminate the adverse effects in this regard, the Bank of Japan originally planned to adjust the exchange rate, but before Tokyo could make a specific plan, Washington's opposition has been heard.

Just last week, the US government made it clear that if the Japanese government chooses to interfere with the yen exchange rate, Washington will include Japan on the list of exchange rate manipulators and impose corresponding economic sanctions on Japan.

However, for Kita Kitani, he obviously has his own position on the appreciation of the yen. Unlike the view of the Japanese government, the appreciation of the yen is quite beneficial to him.

This is not only because he holds a lot of yen cash in his hand, but also because he holds a lot of real estate in his hand. Besides, don’t forget that his vital interests are almost closely related to the financial industry.

Affected by the appreciation of the yen, a large number of international hot money that believes that foreign exchange speculation is profitable is entering the yen market. Because real estate projects have good monetization capabilities and the financial industry has excellent liquidity, a large number of overseas investments are pouring into these two industries in Japan.

In the foreseeable next few months, the real estate industry, which has become lifeless due to the bursting of the real estate bubble, is likely to have a rebirth of active period, and the Japanese financial industry, which is deeply trapped in the quagmire, is also likely to usher in a shorter recovery period.

According to the latest news published in the newspaper, as of yesterday afternoon, the exchange rate of the yen against the US dollar had risen to a high price of 964 yen to 1 US dollar. This price really made Kitaya Kita very moved

In Miyashita Kita's impression, this should be the highest price of the Japanese yen to the US dollar. In less than two or three months, the inflated yen value will be broken, and the exchange rate of the Japanese yen to the US dollar will fall back to the level of more than 110 yen to 1 US dollar.

The most important thing is that the automatic contract machine company run by Miyashita Kita is a company with huge cash flow, from nine violent groups to four banks, then from four banks to offshore companies, and then from several offshore companies that hold mutual controls to Japan. This cash flow process actually includes the process of converting the Japanese yen to US dollars. Therefore, the appreciation of the Japanese yen is very beneficial to Miyashita Kita.

At present, Washington is staring at Tokyo closely on the exchange rate issue. Just three days ago, former US acting secretary of state Frank Weisner flew to Tokyo in person, frequently met with members of the Japanese cabinet, and successively met with several important party members of the Liberal Democratic Party. The purpose is to put pressure on Japan and force it to give up its plan to interfere with the exchange rate.

Of course, Wisner has another purpose in coming to Japan this time, which is to promote the new agricultural product market reform plan proposed by Komeito Kanzaki Takehara in the Japanese House of Representatives.

What made Kita Kitani laugh and cry was that the American fathers who thought they were arrogant obviously did not understand the national character of the Japanese. Washington's arrogant attitude and many of Wisner's performance in Japan not only did not play a positive role in the passage of the new reform plan, but instead triggered large-scale resistance from the government and opposition parties.

In recent days, mass anti-American sentiment has begun to rise all over Japan, and large-scale anti-American marches and demonstrations have even occurred in Okinawa.

If it were in his previous life, Kita Kita would have regarded the various anti-American activities that appeared in Japan as spontaneous by the masses. However, now, as he has become more and more involved in politics, he has already understood the various tricks in it.

In fact, the absolute part of the mass demonstrations that appeared in Japan were not simply spontaneous behaviors of the masses. Behind these events are supporters, or instigators.

Just like this time, the anti-US demonstrations in Okinawa are actually behind the scenes. The purpose is to use the so-called public opinion to counter the various pressures created by Washington in diplomacy.

In fact, from the perspective of the entire Northeast Asia, Japan and South Korea are both countries restricted by Washington. The difference between the two is that Japan always wants to get rid of Washington's constraints, but it also wants to further strengthen the so-called US-Japan security system.

And South Korea... has no ability to get rid of this kind of constraints