Reborn Capital Madman

Chapter 1020 An incentive that may form a big shock

West German elites such as Alfred Herhausen did not break their promises. They held a series of cocktail parties, visits, seminars, salons and other activities on their own territory to warmly entertain Xiangjiang Foreign Exchange Fund Management

Sir Gao, the president of the bureau and the future president of the Xiangjiang Monetary Authority.

Of course Gao Xian was involved. He was like a mirror in his heart. Germans were using his "realistic needs" view of outsiders to move the subtle topic of "unification of two Germanys" step by step to the center of the table.

If it weren't for the Soviet Union and its controlled Eastern European territory that had begun to have a series of problems, and they were a little overwhelmed, Gao Xian really had to consider his security measures in Europe in particular.

Since there is a mutual need, Gao Xian will be at ease to find a way to achieve the goal of this trip to West Germany, and first of all, it will naturally start from the most intuitive place.

The young Gaoyi Group and the long-standing Deutsche Bank have many similarities.

For example, the former controls the Gaoxing Group's industrial assets, which are typical of Huanyu Electronics, Gaoxing Energy, Gaoxing Industrial, etc., while the latter also controls the larger-scale industrial assets. The most familiar company is Daimler-Benz.

For example, both are working hard to internationalize.

From the perspective of Gaoxian's information asymmetry, we can understand Deutsche Bank's inherent needs in internationalization of its business, especially Deutsche Banks like Alfred Herhausen, which are promoting the establishment of the EU.

The main force is seeing the future promising. If Deutsche Bank cannot keep up with the new situation in terms of mechanisms, then after a hard work, wouldn’t it be a wedding dress for others?

The industrial assets controlled by Gaoyi have unique advantages in emerging high-tech industries represented by personal computers. The Daimler-Benz, controlled by Deutsche Bank, has a strong traditional industrial heritage.

Therefore, from finance to industry, there are still quite a lot of places where both parties cooperate if they are willing.

After all, Gao Xian posted a series of events attended by Frankfurt that West Germany needed to increase the space to accommodate the current economic contradictions, such as achieving the unification of the two Germanys, and a considerable market in several states will be added at once, which is the real idea of ​​the West German elites.

, if you do a prelude, you can't waste it.

So, West Germany is far away in Europe, and is it really interested in market interests far away in Asia?

The answer is of course yes, not to mention a very common phenomenon in the "old script", that is, German cars are very popular in the market of major Eastern countries, and there has been an example in the past two years.

Last year, in 1986, the Philippines, which belongs to Southeast Asia, has changed. After the new rulers came to power, they faced the bad situation of financial collapse. West German Prime Minister Kerr sent a heavyweight representative to

Manila teaches successful financial experience.

This heavyweight representative is definitely a big shot. He is the former president of the West German Central Bank, Deutsche Federal Bank. Specifically, he is the previous president of the current Deutsche Federal Bank, Altma Emingge

Er. His famous achievements were in the 1970s after the collapse of the Bretton Woods system, which successfully defended the exchange rate stability of the West Demark.

You know, the Philippines was once a colony of Midi, and the runaway President Niukos was in Hawaii.

It is not difficult to see from this incident that after West Germany's strength has improved, its elites will be trapped to death sooner or later if they do not go out.

However, when Otma Eminger taught his monetary policy experience in Manila, he died of heart failure. I don’t know if it was a coincidence or some other unspeakable factor. In the end, this matter was naturally

It's left alone.

Alfred Herhausen promised Sir Gao that this trip to Frankfurt has gained a lot. The Gao Yi and Deutsche Bank have further deepened their cooperation on the basis of existing development, from finance to industrial assets under their respective controls.

Naturally, such as Huanyu Electronics, Gaoxing Technology's computer hardware and software products, and "fair treatment" in the West German market.

But this is not the point. The highlight of both sides is in "empty" and discussing economic issues at the macro level, which can also create reasonable impetus for the unification of the two Germanys. Sir Gao, the current president of the Xiangjiang Foreign Exchange Fund Administration, who is also interested, is

Pay attention to the background of economic conflicts between the United States and Germany, how strong is West Germany’s determination to defend its own interests at the monetary policy level, especially whether it dares to confront them?

After the Plaza Agreement, the US dollar entered a sharp depreciation channel. Taking the exchange rate against the US dollar and the Japanese yen, it has fallen to about one dollar and one hundred and fifty yen this year. In other words, the decline has exceeded 25%.

The United States wants to use this forced manipulation to achieve the goal of reducing fiscal deficits and trade deficits, but the results are very ironic, and the United States' trade deficit has increased instead of decreasing.

But the depreciation of the US dollar continues like this, which is not possible. So the United States once again forcibly manipulated it and set up a Louvre agreement, which is a correction to the effect of the square agreement.

The Louvre Agreement affirms the high-sounding reputation of the foreign exchange rate, which is called stabilizing the international exchange rate. France agreed to cut budget deficits equivalent to one percent of GDP and the same amount of corporate and personal taxes. One agreed to reduce trade surplus and lower interest rates. The UK agreed to

Reducing public spending and tax cuts, West Germany, as the engine of the European economy, has become a key target for care, and has also agreed to reduce public spending, reduce corporate and personal taxes, and keep interest rates low.

But in addition to the public content, there are some contents in the Louvre Agreement that are not publicly disclosed, such as the exchange rate fluctuations of the US dollar against the Japanese yen and the West Demark must be maintained within the same range.

In order to avoid exchange rate speculation, this fluctuation range was not announced, so everyone could only show their magical powers. For example, Gao Yiyi Group and Sir Gao, who actually controlled the Gao Yi Group and the Xiangjiang Foreign Exchange Fund, got the result that the target exchange rate of the US dollar was at 182.

Five-Sid Mark and five percent fluctuation range around 153.5.

Gao Xian, who is a dealer in Xiangjiang, can only get the benefits, but the contradiction between Midi, who is a dealer in the world, and West Germany, in the specific implementation of the Louvre Agreement, is getting bigger and bigger.

Let’s just put it simply to understand. Midi wanted West Germany to lower interest rates, but West Germany did not achieve the level of Midi’s hope for it for its own interests.

Judging from the effectiveness of the Louvre Agreement in the past two months, at least in terms of maintaining the exchange rate, it is ironic that the US dollar continues to depreciate against the Japanese yen.

During the process of contacting the financial elites in West Germany, Gao Xian felt that their attitude was probably tougher than the American elites expected.

This is not surprising. In terms of the level of being smart in finance, the Germans have been around for a long time, and they are not bad. Moreover, they have learned painful lessons such as the great depreciation of currency during the Weimar period. Maintaining currency stability is engraved in the bone marrow.

Of course we have to keep the bottom line.

Gao Xian was still thinking about how to reply to David Rockefeller. Midi lost patience first. Finance Minister James Baker publicly accused West Germany of not abide by the agreement and even vaguely showed the threat of unilateral action.

"This confrontation is likely to become a major trigger for the stock market crash." Gao Xian thought quickly. On the other hand, Gao Yi was time to cool down the Hang Seng stock index futures. I don't care about anything else, the Xiangjiang futures he created was his own.

Exchanges cannot be guaranteed by transactions beyond control, and they will be dragged down and collapsed.

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