Yesterday, a message on Weibo contracted Lao Zhu's laughter in the past ten hours:
Young people may not know who Wang Zhian is, and people who are old enough to surf the Internet know about this product.
This product is also a high-achieving student, a master's degree from Peking University, both domestic and international, at first it was okay, but then the butt began to be crooked, especially after drifting to Japan, the whole heart was crooked, Lao Zhu was most impressed by the fact that this product once posted that he was going to visit the Yasukuni Shrine.
If you only look at the pictures posted by Wang Zhi'an, you may not feel anything, Lao Zhu will give you a more intuitive one:
This is the monthly chart of the yen against the yuan, and it can be clearly seen from the chart that in January 2020, 1 yuan of yuan could be exchanged for 14.6 yen, and as of yesterday, 1 yuan of yuan can be exchanged for 21.4 yuan, and one-third of it has fallen.
Then you understand why Wang Zhian is so angry, right?
Seeing that Ben is 60 years old, he has made half a lifetime of money in China, but after bringing it to Japan, his net worth is shrinking day by day, and what is even more frightening is that it can be seen from the monthly line that the yen has been depreciating at an accelerated pace in the past four or four months.
It's really anxious to think about this product, after going to Japan for many years, all the people who eat melons have seen is how this product licks the sun, and even licks Japan's nuclear sewage, but at this time he suddenly began to criticize Kishida, don't forget, he is eating with words.
No wonder Wang Zhian is anxious, the current Japan is already on Blinken's "Brinell menu", and at this moment, international travel funds are "sniping" the yen.
According to the latest data released by the U.S. Commodity Futures Trading Commission, in the week ending April 2, the net short position in the yen held by global hedge funds and asset management companies rose to 148388, the highest level since January 2007.
Anyone who knows about the Asian financial crisis in '97 knows how hateful international travel funds are, and these funds are like a group of vultures that eat "carrion", and their biggest hobby is to "take advantage of your illness and kill you".
Lao Zhu estimates that the current Japanese will soon begin to miss Abe, although Abe is also pro-American, but at least he still has a little brain, and he has maintained a fairly good relationship with China and Russia during his tenure......
Abe was forced to resign in August 2020, and as you can see from the monthly chart above, the yen was at its strongest in recent years.
It can be said that the fact that the yen has come to this point is entirely the price that Japan has paid to the United States for "being a dog."
Kishida became Japan's prime minister in November 2021, and three months later, the Russian-Ukrainian war broke out.
Come to think of it, Japan may have thought that Ukraine could take Russia out with the help of NATO, not to mention that it could recover the four northern islands, and it could also seize some oil and gas resources in the Russian Far East, so it danced very happily.
However, Japan bet on the wrong treasure, and Russia not only carried it, but also became more and more courageous the more it fought.
Japan, a country that is extremely lacking in energy and relies almost entirely on imports, does not have the Russian oil and Russian gas that is close at hand, and the cost will definitely be much higher to buy it elsewhere, coupled with the energy rise caused by the Russian-Ukrainian war, Japan's energy costs have risen by nearly 50% all of a sudden, which has seriously impacted Japan's manufacturing industry.
The Russian-Ukrainian war, not only rising energy, other raw materials are rising, coupled with the rise of developing countries such as China has impacted Japan's original high value-added manufacturing industries such as home appliances, automobiles, electronics, shipbuilding, etc., at the beginning of this year, Japan even lost the position of "the world's largest automobile exporter", so that a serious economic recession is inevitable.
For a long time, Japan has implemented a 0 exchange rate system, which can strengthen the competitiveness of its own manufacturing industry, but it also has great drawbacks, especially in the case of repeated interest rate hikes by the US dollar, which has led to Japan's domestic capital running to the United States to eat benefits, and as a last resort, Japan began to raise interest rates.
Previously, on 19 March, the Bank of Japan adjusted its policy rate to a range of 0 to 0.1%. This is the first time in 17 years that the Bank of Japan has raised interest rates since February 2007.
Add half a day interest, increase to 0.1%, the United States is 5.5%, if you have money on hand, you also run, the yen is converted into dollars and deposited in the United States, and the yen exchange rate will definitely fall.
According to data released by the Ministry of Finance of Japan on the 9th local time, at the end of 2023, the total debt of the Japanese government will reach 1286.452 trillion yen, a record high.
At this point, some people will surely say, Isn't Japan the largest holder of U.S. bonds? Wouldn't it be settled by selling U.S. bonds and exchanging them for yen and maintaining the exchange rate of the yen?
Theoretically, yes, but don't forget, Japan is a dog, and it can't do its own thing.
Previously, Japan did reduce its holdings of more than $200 billion in U.S. bonds in the name of maintaining the exchange rate, which suddenly made the United States angry, and the United States shook its dog chain, and Japan immediately squinted, and the latest report on international capital flows released by the U.S. Treasury Department last night showed that Japan increased its holdings of U.S. bonds by $16.4 billion in February.
There is no way, the United States wants to help Israel, the United States itself has to pay high interest on US bonds, China and other countries are still throwing US bonds, but the United States has no choice but to pressure its younger brothers to buy US bonds to support the field, and then we see that Japan bought $16.4 billion in US bonds, and Britain bought $9.6 billion. Don't worry, we threw 22.7 billion, and the current holdings are $775 billion.
Offended Russia, the high-tech industry was surpassed by China, energy rose, raw materials rose, and interest rates were low, causing domestic funds to go to the United States to eat interest, and international capital saw the opportunity to short Japan, so they rushed to the ......
Everyone has seen that in the early stage, Buffett was optimistic about Japan and invested in Japan, Buffett invested in Japan in such a high-profile manner, but the international tour capital quietly placed short orders in Japan, do you think, which of them is true and which one is fooling?
At present, there are three ways before Japan: one is to break the can, not to interfere in the exchange rate, and let others slaughter it; the second way is to completely go down and fight with China, and help the United States defeat China, and Japan will be saved; and the third way is to fall into the Sino-Russian camp, throw away US debts, ask China for help, and use the Northeast Asia Free Trade Area to save itself.
The first two are dead ends, and the third road has a glimmer of life, and the key is, does Japan dare?
If Japan doesn't dare, the money in Wang Zhian's hands will continue to shrink, and he will be crazy about this goods.
Similar to Wang Zhi'an's situation, it is Zhang Ping, a professor at Tel Aviv University, and also the master who has staked his life in another country, yesterday, Zhang Ping sent a message:
When Lao Zhu wrote the "Tell the Heavenly Empire" series on Weibo, this product once talked to me, and Lao Zhu could feel that this was a person who understood.
The problem is, no matter how clear people are, the ass is also a big problem - he has staked his whole life on Israel, of course, he hopes that Israel is good, but he also understands that if Israel insists on retaliating against Iran, it will be a doomous end, but if he says this, it is equivalent to making Israel admit it, and he can't get over emotionally, so this thing is extremely clever and involved in the West.
The yen is sniped, the Chinese who vote for Japan will be unlucky; Israel is crumbling, the Chinese who throw themselves into Israel will be unlucky, and who will be the next turn?
Yes, it's those guys who make money in China and invest in the United States, don't believe it, there is a day when they cry wolf......