Source: Caiwen Yaojian
1
Foreign exchange reserves plummeted!
yen ballast stone began to shake!
Today, big news came from Japan: Japan's foreign exchange reserves fell to US$1.238 trillion, and it took only one month to get 54 billion US dollars (about RMB 380 billion), directly setting a historical record of a single-month decline.
You read that right, this is a decline in foreign exchange reserves in Japan's history, which makes the whole world frightened!
Some people must ask: Why did Japan's foreign exchange reserves suddenly drop so much?
After all, the yen exchange rate fell too hard. After falling below 1:145, the Bank of Japan could no longer sit still and began to use foreign exchange reserves, sell the US dollar and buy the yen to stabilize the yen exchange rate.
Unexpectedly, his operation was as fierce as a tiger, and he lost his wife and his army!
After two days of struggle, the yen exchange rate did not stop falling and rebound, but instead became even worse and embarked on a long bear road.
is obvious. Wall Street financial speculators are fighting against the Bank of Japan, crazily selling Japanese yen assets. How long does Japan's foreign exchange reserves last?
Experts predict that if you continue playing like this, it won’t take too long to consume Japan’s foreign exchange reserves, which is equivalent to the soldiers being confiscated.
And it's all just beginning!
The decline rate of Japan's foreign exchange reserves is like Japan's foreign exchange reserves. Once the market believes that the Bank of Japan cannot prevent the situation from deteriorating completely, there is no need to wait until the foreign exchange is exhausted, and the financial tycoon will give a fatal blow - just like the international capital sniping the Thai baht and Korean won at that time, and it will be completely wiped out!
1997, international speculators represented by Soros also took advantage of Federal interest rate hikes to start a sniping against the Thai baht. In the end, Thailand's foreign reserves were exhausted and the fixed exchange rate system was abandoned. The exchange rate depreciated significantly, which triggered the Asian financial crisis.
It is reported that after one blow, Soros, who was in the hands of victory, returned home without any fatigue and a smile on his face. Soros, who usually only drinks beer for lunch, made an exception this time and asked his servant to open a bottle of red wine because he made $1 billion overnight a few days ago.
And behind the smiles of the giants like Soros, is the broken walls of the financial system of many countries, a scorched earth!
History is not as good as smoke, and winter is coming again.
This winter is likely to be a cruel season for Japan, South Korea and other countries, and the bloody mouth has opened to them!
A financial crisis may break out in some countries!
2
USD is not only the US dollar for Americans, but also a big trouble for the whole world!
Since this year, the Federal Reserve has raised interest rates 45 times, with a cumulative interest rate hike of 300 basis points. In September, the Federal Reserve raised interest rates by another 75 basis points, and the federal interest rate has entered the 3-digit head.
And this is just the beginning. Some time ago, Federal Reserve Chairman Powell made another hawkish voice: The Federal Reserve will keep raising interest rates, and Ming Card will push the US CPI to 2%.
When the Fed opens interest rate hikes and balance sheet reduction , the global currency tide will reverse, the world's dollar will flow back to the United States, the pressure on capital outflows in many countries will increase, and the economic bubble will be punctured.
, however, many people may not think of it! When the Federal Reserve once again launched a global harvest wave, the first one fell swoop was the yen.
1. One reason for this is that it is that when it is the weakest day, the United States raises interest rates, which can be said to take advantage of your illness and kill you!
Originally, Japan's economic development model was to attract funds from the United States, to attract cheap resources and minerals from Russia, and to attract tourists from China, making a lot of money.
Unexpectedly, now the Federal Reserve raises interest rates, let alone attracting funds, the US dollar tide has exhausted Japan's liquidity.
Then, Russia and Ukraine had a conflict, and Japan could only follow the United States and Europe to impose sanctions on Russia. It turned out that cheap resources and minerals could only be bought at high prices.
After the epidemic, Chinese tourists no longer go to Japan.
Japan's three major growth factors are gone. The direct consequence is that there is a 12-month trade deficit. It cannot earn more foreign exchange to hedge the outflow of capital and maintain the dynamic stability of foreign exchange reserves in hand.
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2. What's more troublesome is that after the Federal Reserve raised interest rates, the dollar index strengthened. Japan wants to hedge capital flight and should raise interest rates in the same direction.
But when it comes to the interest rate hike, the Bank of Japan Governor Kuroda burst into tears: I'm sorry, I can't do it! Moreover, not only can I not be able to raise interest rates, I can only cut interest rates. . . .
Everyone knows that Japan has been working on Abenomics for N years. In order to stimulate the economy, it has been printing money and borrowing debts in a crazily manner, and has created 1207 trillion yen in debt.
Yes, 1207 trillion yen, that is, 8 trillion US dollars in debt!
debt, the entire Japanese people did not eat, drink or play for two years, and used all GDP to repay the debt, which was not enough to pay it back.
With so much government debt, if Japan raises interest rates, then the country will probably not even pay the interest and the government will go bankrupt!
The Bank of Japan is now sure to sigh: Who asked the question so difficult? It either broke the bankruptcy of its own government or was robbed by Wall Street tycoons. What taught me to do?
While writing this, I really want to complain to the Japanese: Isn’t it that Americans are our closest dad?
I am really sorry. This time, whether it is an allies or godson, no matter how many years or till the United States has to suck some blood, so that its body can recover its blood. Only the serious thing to do is to survive.
Don’t you want to make America Great Again?
Then you can only suffer the Japanese people!
3
Finance and currency are really a very cold and cruel thing!
Recently, the Federal Reserve's major interest rate hikes have been greatly appreciated, and the US dollar has rapidly appreciated, which has led to a sharp depreciation of 36 currencies around the world.
And this is just the beginning. Some time ago, Federal Reserve Chairman Powell made another hawkish voice: The Federal Reserve will keep raising interest rates, and Ming Card will push the US CPI to 2%.
is almost too difficult to press from 8% to 2%, which means that the full-year interest rate will remain around 4.75% in 2023, and the hawkish Federal Reserve will have to maintain it for at least 2-3 years, or even longer.
When the Fed opens interest rate hikes and balance sheet reduction, the global currency tide will reverse, the world's dollar will flow back to the United States, and countless national economies will collapse as a result.
Look at it. In the past few decades, every appreciation cycle of the US dollar has not been the sharp blade of the United States in harvesting the world?
In the first round of the US dollar appreciation cycle, the Latin American debt crisis broke out;
The second round was Japan's "lost twenty years";
The third round was the Asian financial crisis. Especially the Asian financial crisis, many people still remember it freshly - in that crisis, the World Bank estimated that more than 100 million middle classes in Asia have become poor.
Now, driven by the violent interest rate hike of the Federal Reserve, the US dollar has strengthened again in a "non-a-century" manner, which is probably the beginning of another nightmare for many countries in the world.
A large number of Developing countries will be forced to swallow the bitter fruits of depreciation of local currency, rising capital flight, rising financing and debt repayment costs, and economic recession caused by imported inflation. Countless families have become poor overnight.
Fortunately, in recent years, China has made progress and taken the initiative to take action. The hero scrapes his bones and removes poison, removes leverage , and strengthens supervision, laying a solid foundation for the security and stability of our finance. Looking back, China made very wise and correct decisions at a critical moment!
Because of this, when the Federal Reserve raised interest rates wildly, the RMB exchange rate remained stable. Even if Wall Street was salivating and attempted to suck its blood, it would be useless!
Show your skills in times of crisis. Now is the most time to test your strategic determination. What we need to do is to "intercept the bell" so that Wall Street vultures cannot suck enough blood, and the Star-sucking Technique will go astray!
To do this, the key is the unity, hard work and struggle of every Chinese, and the sustained, stable and prosperous economy of China!
As long as we persist, we will never let the United States suck blood and avoid being cut by Wall Street, then if the Federal Reserve continues to raise interest rates so violently, and does not detonate the United States itself, it will also cause great damage to its vitality, castrate itself helplessly, and lose a lot of losses!
Those who are good at fighting have never had any great achievements.
Still the same sentence: Govern the country with righteousness, use strange troops, and win the world with nothing to do.
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