Chapter 872 – Kamisama
The plunge of the yen.
It is also a hot topic among market participants.
“What? The yen will continue to fall?”
“It has already surpassed the top of the 10-year average…”
Because it is currency.
Japanese people are passive in stock investment.
‘If this is the case, shouldn’t we short the yen?’
It is different for FX.
Rather, they are more numerous than stock investors.
It is the impact of the lost 30 years.
Unlike stocks that have fallen horribly.
“Well… No matter what.”
“It’s dangerous to go short in this section.”
The yen was a safe asset.
It has the characteristic of maintaining a constant value.
‘It’s different from my trading method.’
It especially shines during global crises.
A preference for the yen occurs.
Take advantage of that.
Going long on cheap currencies with expensive yen.
“At least I see it as a long buying opportunity. At least in the long term, it would be right to go long.”
Conversely, crises can also be used.
It is a matter of individual investor judgment.
The main premise.
This is because the yen is a safe asset.
─Yen purchase order has been completed!
It is impossible to change easily.
It is a perception that has been rooted for over 10 years.
FX investor Koromi was one of them.
Everything has been correct so far.
‘Why does it keep raining on days when nothing happens…? … !’
It will be different this time.
It is impossible to come up with such a thought.
─The institution sold the yen!
Double kill!
Triple kill!
But reality.
The more fear comes, the more your thoughts change.
Lee Chan-wook was right.
It is clear that something is wrong with the yen.
That’s true.
Gulp!
It comes to mind later.
It might have been right to listen to your friend.
“Overseas organizations are that serious?!”
“There’s already an uproar on Reddit.”
So-called study.
Yen.
Safe assets are a thing of the past.
‘I guess there really is no reason to live.’
The United States pays 5% interest each time.
Other countries are also at least 3-4%.
Developed countries.
It is as safe as Japan or even safer than Japan.
“Foreigners and domestic institutions are selling all the yen. That’s why it’s plummeting now.”
In contrast, the yen.
Interest rates are still negative.
A huge amount is printed every year.
It is natural for the value of the yen to fall.
It was rather abnormal until now.
“The only people who say Japan is great are the old people of the bubble generation.”
“Well, the country will soon be ruined.”
Such a reality.
I knew the truth.
Japan’s young generation is the most pessimistic in the world.
—————————–±
『Is the future of your country bright?』
Japan: 15.3%
UK: 24.6%
United States: 26.3%
Korea: 41.4%
China: 85%
±——————————————–
I don’t think the country’s future is bright.
I have grown up embracing the lost 30 years with my whole body.
Outlook.
Flipping it 180 degrees was easy.
Koromi changes his views on the yen.
‘That’s right. Who buys the currency of this damn country?’
Even the current price is high.
In fact, we have to go further.
At least to the previous high point.
─Yen sell order has been filled!
Decided to short the yen.
I feel a strong confidence flowing through my body.
‘I suffered a loss due to stop loss.’
I saw the future in exchange for the loss.
I realized that the yen is not a safe asset.
That alone has great value.
This information is more than enough to make up for current losses.
─The agency bought yen!
Double kill!
Triple kill!
Quadra Kill!
Penta Kill… !
Things in the world.
It’s just not that simple.
As soon as you make a purchase, it skyrockets.
‘Huh?’
FX is different from stocks.
The exchange rate is an asset that fluctuates little.
So it creates leverage.
At least several times, at most tens of times.
─It was liquidated.
A very rare giant beekeeping.
It was enough to liquidate the opposing position.
“If you’re going to go up, don’t come down! You bastard!”
Only God knew the short-term movements.
* * *
The duality of the Japanese.
That’s the opinion of someone who doesn’t know Japan.
─Surprisingly, the country that respects Admiral Yi Sun-sin the most ㄷㄷ
That’s Japan
Surprisingly, I don’t hate Yi Sun-sin
Rather, I admire and respect it
In particular, the Navy worships Yi Sun-sin as its military deity
During the Japanese colonial era, visiting Chungnyeolsa Temple was an annual event.
└King God General Chungmugong
└Aren’t you just giving lip service to accept what they said?
└The Battle of Myeongnyang makes no sense even now…
└First of all, I praise you haha MacArthur was no joke when he was treated in Japan
It’s just a different way of thinking.
The hierarchy is stricter than in Korea.
‘In one word, it’s strong and weak.’
There is no mercy for the weak.
There is endless obedience to the strong.
Island country.
This occurs to an extreme extent in Japan, where there is nowhere to escape.
“CEO, you are so fortunate! We at Nippon TV were also hoping for the safe return of CEO Lee Chan-wook…”
It is a national character that has been passed down to modern times.
To put it bluntly, you only listen to what you say.
‘It is not a story limited to Yi Sun-sin.’
The same applies to General MacArthur, who defeated Japan.
Rather than resentment, I show respect.
It may feel strange to Koreans.
But that is the country called Japan.
“The Japanese do not raise a sword to the shogun.”− Douglas MacArthur
You wouldn’t know it before the conquest.
If you stand on top of them, they won’t even resist the slightest thing.
“Something really unfair happened.”
“So, Sodesne!”
“I couldn’t help but feel deplorable. I know full well that CEO Lee Chan-wook is not the person to do such a thing.”
Broadcasting station.
It’s frustrating that the arrogant people whose parent companies are the five major newspaper companies can’t make a fuss.
‘Just like you caught me and locked me up with Sontaku.’
The opposite also happens.
Understand the situation.
In Japanese it means reading air.
“I think I’m fortunate that it didn’t go to trial. I’m also able to appear on TV like this.”
I spit out one serious word.
That alone creates tension.
Japanese society.
I have gained the position of a general that can never be opposed.
“Of course!”
“We are also honored to be broadcasting with CEO Lee Chan-wook.”
“I would like to ask you about the future of Japan.”
Negotiated with the Japanese government.
This is a situation they really want to avoid.
‘It would be difficult if the slaves escaped.’
Japanese economy.
It’s not that serious.
Even if the yen plummets, nothing will happen.
As the saying goes, even if a rich person goes bankrupt, it lasts for three generations.
But there is one premise here.
“I have been criticizing the yen, but it is only a long-term view. The period I mentioned was also when the yen was below 130.”
Japanese people must be stupid.
You must not be aware of the reality of your own country.
‘An analog society that saves with cash.’
We must continue to enjoy it even in the 21st century.
This is the real secret to maintaining the yen.
“Naruho too…”
“You mean it’s expensive now?”
“The yen dollar soared to 142!”
It is already being sold outside.
Foreigners continued to sell for 10 years after Abenomics.
What if they sell it to their own citizens?
It would not be surprising at all if the country called Japan collapsed.
“I am saying this because the atmosphere has become too crazy. Instead of insisting on the yen, there is a need to buy dollars as well. I wanted to let you know the importance of asset management.”
Japanese politicians.
There is a reason why people with straight neck bones appear in a low posture.
‘As long as they maintain their power.’
I use my energy and do it.
Just like they caught me, they will do whatever it takes.
The current situation is the same.
If negotiating with me is the only way.
“Asset Management!”
“Financial investment is so popular these days.”
“Didn’t you also recommend stocks and real estate?”
Do it.
Face is important even when you are on top.
Hierarchy.
Once established, Japanese people are more polite than anyone else.
‘Partly because I am one.’
It’s not Korea.
Lee Chan-wook is an individual.
You can compromise with your pride.
Various secret agreements were made.
What the Japanese government has asked of me.
“Stocks and real estate are also attractive. They are quite cheap at the moment as their value has not risen even once during the lost 30 years.”
We are asking you to calm down the situation.
This is why I am appearing on broadcasts.
Make dovish remarks.
It also diverts attention to assets in Japan.
“Aha!”
“You mean that as much as it was pressed down like a spring, it goes up as hard when it pops out?”
“I hope this is the beginning of Japan’s revival.”
Of course, it’s just a waste of time.
It is a planned future that the yen becomes a piece of toilet paper.
‘Because that alone is worth it.’
Purpose.
It is obvious that the United States will want to hold out until it lowers its benchmark interest rate.
The value of the yen can be restored to some extent.
Once a wound occurs, it won’t go away.
“Our food market also wants to contribute to Japan’s revival. We are creating a virtuous cycle in the economy through active investment and wage increases.”
For me, just watching a ritual and eating rice cake is enough.
What I received from the Japanese government.
‘This is the country.’
The country of Galapagos.
The influence of mass media such as TV is still enormous.
“Subarashi~!”
“As expected, it is Chan Wook-sang.”
“Actually, I really like Korean food too. Hehe.”
For older people, what they see on TV is the truth and fact.
Cool TV, which is watched by young people, is also taking over.
Gain the power to control Japan.
It would not be an exaggeration to say that he will become a new god of Japan.
