Rebirth of Bloody Romance
Chapter 290 Plaza Accord
Beijing, a city where ancient and modern interweave, looks more solemn and warm in the afterglow of the setting sun. Li Wenbo and Yu Guodong came here from Hong Kong Island. Their destination is Zhong Yuemin's courtyard in a corner of Beijing, which is full of life.
Unlike the expected bright lights and clinking of glasses, Zhong Yuemin chose to welcome them in a more simple way - a family dinner. This was not just a meal, but also a recognition of the two of them.
"Wenbo, Guodong, welcome!" Zhong Yuemin stood at the door, his smile as warm as the spring sunshine. Behind him was a simple yet cozy layout, and a table of home-cooked dishes exuding an enticing aroma, making people instantly feel the taste of home.
Li Wenbo and Yu Guodong smiled at each other, their eyes sparkling with excitement and emotion. "Mr. Zhong, you really gave us a big surprise!" Li Wenbo's voice was choked with sobs.
"Yes, a family dinner. This is the highest level of treatment!" Yu Guodong couldn't help but sigh. Before he put down his luggage, he couldn't wait to take out the carefully prepared gifts. "Look, this is for Xiao Shihua and Xiao Haichen. I hope they will like it."
For this meeting, they specially prepared gifts for Xiao Shihua and Xiao Haichen, Zhong Yuemin's two beloved children. Xiao Shihua is clever and cute, while Xiao Haichen looks like a little adult. When they saw the gifts in the hands of the uncles, their eyes immediately sparkled with curiosity and excitement.
"Dad, can my brother and I accept it?" Little Shihua blinked her big eyes and looked at Zhong Yuemin. Little Haichen followed closely behind, his eyes full of anticipation.
Zhong Yuemin smiled and nodded, his smile full of pampering and satisfaction. "Of course, this is specially prepared for you by the uncles. Thank you uncles quickly."
When the two little guys heard it, they immediately cheered and jumped for joy. They couldn't wait to take the gifts. After saying thank you repeatedly, they ran out of the house hand in hand like two happy little birds, eager to explore the secret of the gifts.
After several people sat down, the room was filled with a long-lost warmth and familiarity. Zhong Yuemin coughed lightly and slowly said, "Old Yu, I asked you to come here this time because I have an important matter to entrust to you."
Yu Guodong stood up immediately after hearing this, his expression solemn. "Mr. Zhong, you said that as long as I can do it, I will do my best."
Seeing this, Zhong Yuemin smiled and pressed his hand down. "Sit down, sit down, don't be so restrained. We are just getting together today and talking about this."
Yu Guodong then sat down, but his eyes still revealed a determination to wait for instructions.
Zhong Yuemin said slowly. "You all know my wife Zhou Xiaobai. She is a capable woman. Recently, she was transferred to a place called Jinqiu County in Henan Province as the county magistrate. She wanted to make some achievements, but Jinqiu County is located in a plain and there are really no resources to develop. This is a headache for me."
Upon hearing this, Yu Guodong and Li Wenbo immediately expressed their opinions at the same time. "Mr. Zhong, is there anything we can do for you? Just tell us, we will do our best."
Zhong Yuemin nodded, and when he was about to explain the situation in detail, the cheers of Xiao Shihua and Xiao Haichen suddenly came from the yard. "Grandpa, grandpa, you are here!"
As the voice fell, Zhong Shanyue and Zhou Zhennan walked into the house. Their faces were filled with kind smiles, and it was obvious that they had just returned and heard the children's cheers.
"Dad, why are you here?" Zhong Yuemin was surprised but more delighted when he saw Zhong Shanyue and Zhou Zhennan suddenly appear.
Zhong Shanyue seemed a little anxious. He took out a newspaper from his briefcase and handed it to Zhong Yuemin. "Yuemin, is this what you are waiting for?"
Zhong Yuemin took the newspaper and quickly scanned the title and date: On September 1985, 9, the finance ministers and central bank governors of the United States, Germany, Britain, France and Japan held a meeting at the Plaza Hotel in New York and reached a resolution on the five governments' joint intervention in the foreign exchange market.
Zhong Yuemin's eyes gradually became solemn. He had been busy with various affairs recently and had almost no time to pay attention to the news. The news in this newspaper was undoubtedly an important reminder to him.
Zhong Yuemin read the contents of the newspaper carefully. When he saw the signing of the "Plaza Accord in Japan", he couldn't help but pat his head heavily, secretly cursing himself for forgetting such a big thing! This agreement is undoubtedly a huge shock to the global economy, especially for those markets involving national currency exchange rates.
"Fortunately, fortunately my layout has been completed." Zhong Yuemin secretly rejoiced in his heart.
Zhong Yuemin raised his head, looked firmly at his father Zhong Shanyue, and a confident smile appeared on the corner of his mouth: "Dad, this is what I've been waiting for."
Zhong Shanyue frowned slightly, his doubts evident in his words. "Yuemin, I remember you have been preparing for this moment for several years, right? How did you know that the Plaza Accord would be signed?"
Facing Zhong Shanyue's questioning, Zhong Yuemin scratched his head, with a sly look in his eyes. "Dad, if I say I guessed, would you believe it?"
Zhong Shanyue stared at him speechlessly, obviously not convinced by this answer. "Then do you think I believe it?"
Zhong Yuemin took a deep breath and began to explain seriously. "This question is quite complicated. First of all, you need to understand the domestic and foreign debts of the United States. Since 80, the policy combination of the US government - tight monetary policy and expansionary fiscal policy - is undoubtedly also the reason for the appreciation of the US dollar and the deterioration of the US current account. The Reagan administration has implemented a budget policy of expanding the deficit since the second half of 1982. The deficit expenditures in the five years of its administration totaled more than 5 billion US dollars, far exceeding the total fiscal deficit from the establishment of the federal debt statistics system in 8100 to 1789."
Zhong Yuemin paused and continued, "Although the huge fiscal deficit of the Reagan administration had a strong stimulating effect on the US economy and brought about a strong economic recovery in 83-84, it also brought many negative effects to the economy. For example, it increased the national debt burden, damaged national savings, and weakened the competitiveness of US exports, becoming the biggest threat to US economic growth in the 80s."
Zhong Shanyue, Zhou Zhennan, Li Wenbo and Yu Guodong listened with great interest. Although they did not fully understand the economic terms, they could feel the weight and depth of Zhong Yuemin's words.
"And the United States," Zhong Yuemin continued, "has become the world's largest debtor country. In order to make up for the trade deficit, the United States needs to attract a large amount of foreign investment. The large inflow of foreign capital has rapidly changed the position of the United States' foreign assets. As inflows far exceed outflows, the United States' net foreign investment has dropped sharply since 81, making the United States a net debtor country for the first time since 1914. During this period, Japan's huge current account deficit accumulated a huge amount of foreign exchange reserves. The Japanese government holds a large amount of US dollar bonds and has become the largest creditor of the United States. Therefore, the United States is eager to resolve the huge trade deficit caused by the overpricing of the US dollar through multilateral negotiations, on the one hand, and more importantly, to strike the largest creditor of the United States - Japan."
After listening to this, Zhong Shanyue nodded thoughtfully. "Yuemin, your analysis makes sense."
Zhou Zhennan also praised: "Yuemin, although I don't understand what you said. But, I think you are really a visionary person."
Zhong Yuemin smiled. "So, when I saw all these signs, I had a premonition of the arrival of this so-called Plaza Accord. Although I can't say it's 100% accurate, at least I was prepared."
Zhong Yuemin's words were like a stream of clear water, extinguishing the doubts in Zhong Shanyue's heart. He looked at his son with eyes full of pride and admiration. He knew that his son was no longer the young man who only knew how to play. He had grown into a wise man who could foresee the future and plan for the future.
Zhong Shanyue turned his gaze to Li Wenbo and Yu Guodong who were sitting beside him, and looked at Zhong Yuemin in confusion. "Who are they?"
Zhong Yuemin smiled and introduced them. "Oh! Dad, I called them to help Xiaobai. Li Wenbo and Yu Guodong are both well-known figures in the Hong Kong business community."
Zhou Zhennan, who was absent-minded at first, immediately perked up when he heard that he was helping his daughter, and asked quickly, "Yuemin, what happened to Xiaobai? Did she encounter any difficulties?"
Zhong Yuemin waved his hand and smiled. "Dad, Xiaobai is fine. She is the county magistrate of Jinqiu County and wants to make some achievements there. After I know about this, I will definitely help her!"
Zhong Shanyue asked curiously, "How are you going to help Xiaobai? Jinqiu County is a place with scarce resources. It's not easy to develop it."
Zhong Yuemin smiled mysteriously. "Dad, I plan to let Xiaobai build a county with a monthly income of 10,000 yuan within three years."
"Ten thousand yuan county? What does that mean?" Zhong Shanyue and Zhou Zhennan frowned at the same time.
Zhong Yuemin explained, "Within three years, we will make most families in Jinqiu County have an annual income of 10,000 yuan. By developing the economy and raising the income level of residents, we will make Jinqiu County a wealthy county."
Hearing this, Zhong Shanyue and Zhou Zhennan were both surprised. They knew that this was not an easy task and required great effort and wisdom.
"Yuemin, tell me, how are you going to help Xiaobai?" Zhou Zhennan asked impatiently, his eyes flashing with expectations for his daughter's future.
Zhong Yuemin smiled and began to explain his plan. "In fact, it mainly depends on Xiaobai himself. The land in Jinqiu County is suitable for growing garlic. Xiaobai has mobilized the farmers in the county to grow garlic on a large scale. When the time comes, with the help of Yu Guodong and Li Wenbo, these garlics can be exported and sold abroad."
"Garlic? This can make farmers earn ten thousand yuan a year? Why do I find it hard to believe?" Zhong Shanyue frowned slightly, obviously having reservations about this plan.
Zhong Yuemin smiled and explained patiently, "Dad, don't underestimate this garlic. First of all, it has a high yield, about 3000 kilograms per mu of land. Another issue is the price. Old Yu, can you tell me, what is the price of garlic abroad?"
Zhong Yuemin was indeed not quite clear about this question, so he turned to Yu Guodong, hoping to get an accurate answer.
Yu Guodong didn't know much about it. Although he was in the foreign trade business, agricultural products were not his specialty. However, he couldn't say he didn't know, so he estimated the price based on his experience. "About a little over one yuan per pound."
Zhong Yuemin said to a few people, "When the time comes to purchase, 1000 to cents per pound should be no problem. Even if each household has six acres of land, three to four acres can be used to grow garlic. Each acre can be sold for about yuan. In three years, won't it be possible to become a millionaire?"
Zhou Zhennan's eyes lit up when he heard this. "Yuemin, your idea is great! It can not only help Xiaobai achieve success in Jinqiu County, but also make the farmers rich. It really kills two birds with one stone."
Zhong Shanyue also nodded in agreement. "Well, it does sound like a feasible plan. However, Yuemin, you have to make sure that this export channel is unobstructed, so that the garlic can be grown but not sold."
Zhong Yuemin smiled and said confidently, "Dad, don't worry. I will discuss it with Yu Guodong and Li Wenbo. They will be responsible for opening up export channels and ensuring that the garlic can be sold abroad smoothly."
Yu Guodong and Li Wenbo quickly expressed their opinions. "Mr. Zhong, you can rest assured that we will take care of this matter."
Zhong Shanyue stood up immediately. "Okay, I'll have someone promote it when the time comes."
Zhong Yuemin smiled and said to Guodong and the others, "Come with me to Jinqiu County in a few days to reassure the people there. This will also help my wife feel less stressed."
"Mr. Zhong, I'll follow your instructions."
When Xiao Shihua heard that Zhong Yuemin was going to look for his mother, she immediately shouted, "Dad, Dad, I want to look for my mother too."
Xiao Haichen was a little slower to react. "I want to go too!"
"Okay, I'll take you along."
"Yeah, Daddy is the best." The two little guys jumped and danced again.
"Okay, let's eat quickly."
It was late at night, and everything was quiet. Zhong Yuemin lay in bed, but his thoughts were like a wild horse running wild. In his mind, the Plaza Accord kept echoing. The shock and opportunity made it difficult for him to fall asleep.
In the year after the signing of the Plaza Accord, the Japanese yen soared like a wild horse, with an appreciation rate of nearly 40%! This amazing change not only shocked the global economy, but also triggered a carnival of asset prices in Japan. It was also a feast for global capital. If you miss it, there will be no next time.
From 1985 to 1989, in just four years, Japan's land wealth seemed to have been magically increased by nearly 1300 trillion yen! The stock market was not to be outdone, creating a wealth myth of nearly 600 trillion! This was an unprecedented economic feast, and also an extreme challenge to wisdom and courage.
Zhong Yuemin knew that he was already at the feast table, and how much he could eat depended on his own ability.
Zhong Yuemin recalled his planning and preparations over the years, and his heart was full of confidence and expectation. He believed that he would be able to get a share of this wealth feast.
Zhong Yuemin closed his eyes and imagined the future: Jinqiu County had a good garlic harvest, and farmers were all happy; export channels were unimpeded, and garlic was continuously sold abroad; his wife's career was flourishing, and his own wealth was growing...
As he was thinking, Zhong Yuemin gradually fell asleep.
The night is still deep, but the dream has quietly set sail.
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