Chapter 871 – Seizure Button
Situation.
It did not end with just chaos within Japan.
“Lee Chan-wook was arrested?”
“How could something like that happen…”
“It looks like Japan has quite a bit of trouble, too.”
He is the CEO of a global company.
He is also active on Wall Street.
It boasts tremendous influence.
Enough to exceed the expectations of the Japanese government.
“I don’t know the details, but… Taking such a sudden action means there’s something there.”
It becomes an issue all over the world.
This is an issue that both the political and financial world are paying close attention to.
Why?
I was already paying attention.
Japan is the most vulnerable country in the world.
“It doesn’t have to be a heartache.”
“It should be said that the fact that interest rates cannot be raised is not a normal situation.”
The US base interest rate is expected to exceed 5%.
Other countries must follow suit.
This is so that the value of the currency does not fall.
Not doing it.
‘No. I’m not able to do it.’
Eyes of suspicion poured in.
Isn’t it because of the economy that we can’t raise it?
“It’s definitely different from 20 years ago. Japan is no longer the Japan it used to be.”
The Japanese government also has its own excuses.
We are a deflationary country.
There is no inflation like yours.
Therefore, it is natural not to raise interest rates.
‘I wonder if that’s really the case.’
Not really.
If you raise interest rates, the economy will not be able to survive.
It was arousing public suspicion.
In the meantime, it exploded.
A major incident that silenced Lee Chan-wook.
─Yen sell order has been filled!
Doubts are likely to be heightened.
Financial organizations.
Views on the yen become negative.
Sell or reduce the ratio.
The matter did not end that way.
─I borrowed yen!
I bought US Treasury bonds!
─I borrowed yen!
I bought US Treasury bonds!
─I borrowed yen!
I bought US Treasury bonds!
．
．
．
Hedge funds smell it.
It’s an attractive trade.
‘Hehe, I was just waiting for an opportunity to tempt Japan.’
There is a grudge.
2003.
A large, unforgettable event occurred.
Japan is being unreasonable.
Money is poured into maintaining the value of the yen.
“I won’t be able to do that this time.”
“Of course!”
“If I really think about that time…”
It is abnormal.
It doesn’t make sense.
Hedge funds went on the attack.
Daily News− 「All-out war between the government and institutions, Japan’s Japanese silver bullet incident」
I blocked it like I was showing off.
This is because Japan at that time was literally ‘Japan’.
Quick!
Hedge funds.
I was really screwed.
Dozens of places have gone bankrupt.
The resentment still persists.
They are waiting for an opportunity to attack.
“The Japanese people are also selling yen. There will be no better opportunity than now to attack.”
It’s not easy.
A sense of crisis comes over me that I might be revenged again.
No.
I’m sure this time.
Lee Chan-wook’s arrest created confidence.
─I borrowed yen!
I bought US Treasury bonds!
─I borrowed yen!
I bought US Treasury bonds!
─I borrowed yen!
I bought US Treasury bonds!
．
．
．
Hedge funds go on the attack.
Encarry trade.
Borrow yen and buy U.S. Bonds.
Utilizes the difference in interest rates between Japan and the United States.
In Japan it is -0.1% and in the US it is 4.75%, so you can sit and eat 5%.
Click!
It is not a small scale that makes profits like that.
Borrow again using US bonds as collateral.
And live again.
‘We will definitely give back what was done to us.’
What if it repeats infinitely?
It is possible to sell a huge amount even with a small amount.
It is a method of making a return attack.
It can bring down the value of the yen.
“If the yen falls this sharply, problems cannot arise.”
“Do you think the Japanese people will poop?”
“It doesn’t matter if it doesn’t happen.”
It inevitably produces side effects.
The economic system is broken.
In the worst case, a situation like the IMF occurs.
It won’t explode right away, though.
‘Just causing a wound is enough.’
Japan.
It is a country that once almost overtook the United States.
This is why the yen is treated as a reserve currency.
This country is trustworthy.
The economy will never falter.
With enough credit.
“Even if you can just scratch it, it’s a huge achievement.”
It’s always the first time that’s difficult.
There is a perception that the yen is safe.
Break it.
It shows reality.
If we can cause such an incident.
“I agree.”
“Should we think of it as the first advance team?”
“This time, let’s destroy Japan.”
You will suffer greater damage from the next, next attack.
Why?
Because it has fallen.
When a crisis comes, it shakes.
The yen is just an ordinary currency, not a reserve currency.
Gulp!
I’m already feeling it.
The Japanese had no choice but to become restless.
‘Wow, it’s really falling…’
Still, the rumors are still scary.
The germ of doubt took deep root.
It can even be seen in real life.
It was natural for my psychology to be shaken.
─Currency exchange order has been completed!
Panic cell.
There are people selling even though they had no intention of selling.
That causes a further crash.
It further escalates the situation.
“The yen is plummeting?”
“Eh, Honto?”
“I guess what Lee Chan-wook said was true.”
It was incredible.
I tried my best to ignore it.
I didn’t want to hear disturbing information.
‘Should I sell it now?’
Now that it has become a reality, it cannot be ignored.
I might end up like a soy sauce egg rice man.
Ordinary people.
I agree with Panic Cell.
Fanny herself is sold by those around her.
—————————–±
『USD/JPY – US Dollar Japanese Yen』
140.089 ▲11.401 (+8.85%)
[A graph that suddenly jumps like crazy. Jpg]
±——————————————–
They sell it outside too.
They also sell it inside.
Since there are only people selling, it is natural for it to plummet.
Yen.
The value maintained by credit is shaking.
The status of the reserve currency is collapsing.
* * *
Currency.
There is only one reason why a piece of paper can have value.
‘It’s credit.’
The government guarantees it.
It has the same value as precious metals such as gold and silver.
In other words?
The moment a country shakes, it is reduced to a piece of paper.
“This is tantamount to overthrowing the country! Do you know how outrageous President Lee Chan-wook is doing right now? Can you get behind it?”
Like the yen.
Minister of Finance.
They come out of nowhere and make a fuss.
Since appeasement does not work, threats are used.
Even the seeds won’t work.
“Don’t talk nonsense.”
“What?”
“If this is a country that will be shaken just because I said one or two words, it means that it was a country that will be shaken from the beginning. Please don’t shift responsibility.”
“…”
Initiative.
I have it.
It is not an issue that the Japanese government can easily handle.
‘If the currency fluctuates rapidly.’
The country’s credibility is also shaken.
This is especially true for the key currency, the yen.
“The market’s evaluation is honest. People are selling the yen because it is not competitive. You can solve this by reviving the economy and raising interest rates, right?”
It is true that there was a problem from the beginning.
The yen is deformed.
‘How do we maintain zero interest rates?’
What if interest rates are low?
The value of currency must also be lowered.
It is basic common sense.
Ignore common sense.
This is because the status of Japan was so great.
─Why Japan won’t go bankrupt even if it prints money
[Yen dollar monthly chart. Jpg]
Japan prints tens of trillions of yen every year
Then the yen should go down too…
But it never crashes
Why?
This is because the whole world buys yen every time there is a crisis such as war or bankruptcy.
It is said that the yen has been rated as the No. 1 safe asset over the dollar and gold for the past 10 years
└When Korea makes money through blood and sweat, Japan can just print it out haha
└Wow~ This is the rhubarb version
└I’m really jealous
└If Korea had done that, it would have cost 5,000 won?
Past tense.
Currently, this is not the case.
Even if a war breaks out and the banks shake.
“Chan Wook-sang, if you keep appearing like this…”
“Stop, that’s enough.”
“Of course, Senator!?”
The yen shows no signs of rebound.
There is no need to explain the reason.
‘That’s because the market doesn’t view the yen as a safe asset.’
This is not the Japan of the past.
Companies are also faltering, and debt has accumulated to an excessive level.
In such a situation, interest rates soar.
There is absolutely no reason to hold yen.
“You know you can’t do that. What do you want?”
The reason why it was maintained despite this.
Because the Japanese people foolishly had it.
Instead of paying interest, they actually take money away.
The yen is an incredibly deformed currency.
“You know what it means to tell me that.”
“Now that I’ve come this far, I have no desire to push and pull.”
“That’s good.”
“Let’s be honest with each other.”
I just taught it.
Japan.
In this closed country of Galapagos.
‘Rolling on the selfishness of politicians.’
I want to stop it somehow.
It must be stopped.
It is not simply a story of economic and political instability.
Face is at stake.
It is something that old politicians, especially in Japan, think is important.
“As I am doing business in Japan, I do not want the Japanese economy to suffer from instability. I hope the congressman will consider my feelings carefully.”
Senior member.
Rather than an externally presented ministerial-level figure, we face the actual person in power.
A treaty is concluded that the public cannot understand.
Like the Plaza Agreement signed with the United States 40 years ago.
‘It’s that kind of country.’
They do not hesitate to abuse power not only against Korea but also against advanced countries.
A situation like Carlos Ghosn happens.
Except for one country.
United States.
It is a country that suffered a clear defeat from Japan.
