On Tuesday morning, the cabinet eting was held as scheduled.
Due to only a one-hour ti difference between China and Japan, Lu Liang didn't need to stay up all night. He woke up from a good night's sleep and leisurely made his way to the company.
While eating breakfast, he turned on the live news broadcast, which was focused on the second floor of the National Assembly Hall.
The podium had been set up, waiting for the cabinet eting to end and the decisions of this session to be announced to the nation.
The cara occasionally flashed to street scenes where citizens, with white bandages tied around their heads, took to the streets to protest the increase in consumption tax.
Lu Liang opened his software. Although the decision hadn't been announced yet, the US Dollar-to-yen exchange rate was already uncontrollable.
This was partly because so banks, seeking to protect themselves, had prohibited the public from exchanging foreign currencies.
International speculators, like a pack of bloodthirsty wolves, were waiting for their prey to breathe its last, ready to pounce as a group.
Lu Liang maintained a 5% position without any moves; he planned to build his position at the lowest point to maximize his profits.
At ten in the morning, Beijing ti, the cabinet eting ended, and people gradually exited the National Assembly Hall.
Surrounded by a crowd, Anshan walked up to the podium, and his first words were, "Confidential Marseille."
He took a half step back to the left, made a standard ninety-degree bow, similar to ancient emperors issuing self-critical edicts.
He sorrowfully described making a very difficult decision—to raise the consumption tax from 5% to 8%.
The press conference continued, but the content that followed was of little interest to anyone.
The increase in consumption tax was a fait accompli, a tangible piece of hugely bearish news.
Although he ntioned implenting an economic stimulation plan amounting to 5.5 trillion yen, it was all just empty promises.
The foreign exchange market reacted swiftly. It was a feast for international speculators.
However, the feast wasn't as lavish as imagined, and there were quite a few people who shared Lu Liang's thoughts.
Over the years, Anshan had proved to be the most resolute leader, even inventing the famous "Anshan Economic Theory."
Although it was mocked as "Anshan Political Theory," there was no denying his profound expertise in financial matters.
Everyone was waiting, waiting for him to show his full hand, and nobody wanted to be the first to move.
Amidst a suspicious atmosphere, the yen stopped falling.
110 yen, like a massive trench.
"Is it for real, or just a bluff?"
Lu Liang frowned, closely observing the market.
He still had 47.5 million US Dollars at his disposal, a considerable force in the market.
If he waited until market movent began, he would definitely not be able to compete with big capital and would only get a small share of the profits.
A few months ago, he would have settled for that, but now his appetite had grown, and he wanted a substantial share.
"When others are greedy, I am fearful; when others are fearful, I am greedy. Since no one wants to be the first to move, I will."
Lu Liang squinted his eyes, deployed 20 million US Dollars, and created sell orders for 4.36 billion yen, casting them onto the market.
His position was at 45%, and the cost price was 109.1100 yen. A single point's gain or loss amounted to $194,900.
He could withstand a drop of up to 18 points, but a loss exceeding 3.5 million would trigger a forced liquidation.
The 20 million US Dollars entered the long-silent market, stirring ripples.
A large number of small sell orders followed, and the bear army, as if having found a leader, instantly broke through the 110 yen barrier.
But before the bear army could celebrate, a large amount of capital flowed into the market, halting the rise of the US Dollar to yen exchange rate.
The foreign exchange market took a sharp turn as the Tokyo Central Bank held a press conference and announced a 3 trillion yen infrastructure plan.
The finance minister emphasized the need to establish a virtuous cycle of growth and distribution to set the economy on a path of self-sustained growth.
In a nutshell, "If you want to prosper, build roads first, take from the people to use for the people, and construct a thriving Tokyo economic sphere."
Once the press conference ended, the US Dollar to yen exchange rate instantly returned to 108 yen, causing countless high-leverage short positions to bust instantly.
Because retail investors lacked sufficient funds and always aid high with leverage as aggressive as 50 tis or even 200 tis.
Even a single point fluctuation could wipe them out, even depleting their margin accounts completely.
This minor pullback had cost Lu Liang a loss of $246,000 on paper.
"Not enough, the new security law is the key."
Lu Liang firmly believed that the United States would not allow its authority to be violated, the major events had not yet happened, and Anshan had not played all its cards.
It seed to verify his guess, suddenly, rumors spread that the foreign minister had summoned the commander of the US forces stationed in Japan.
Regarding the expenses for the US forces stationed in Japan, they reached an agreent that Japan would bear about $18 billion for the next five years.
Compared to the previous five years, an 8.5% increase, including utility bills, staff salaries, and training transfer fees.
"Voluntarily raising protection money, are they trying to smooth things over with cash?"
Lu Liang discerned Anshan's thoughts, watching the forex market, the Air Force growing weaker, about to fall below 107 yen.
He sold another $20 million, increasing his account position to 85%, directly curbing the yen's upward montum.
At this mont, the situation remained unclear, with only Lu Liang's force in operation, much like a monkey ruling as king when no tiger is in the mountains.
Japan had already apologized with added politeness,
Everyone was waiting, waiting for Arica's response.
Lu Liang stayed at the company until late at night, opened the blinds, and saw Chen Jinchun still firmly at her post.
He walked out of his office, "Make a cup of coffee, then you can head ho. There's no need to lock the doors."
The ti difference between China and Japan is only one hour, but the ti difference between China and the United States is 12 hours, so he was still waiting.
The US's acceptance or rejection would largely determine the subsequent trend of the US-Japan exchange rate.
Chen Jinchun was astonished, "Mr. Lu, aren't you leaving work?"
"There's still so work to handle," Lu Liang shook his head, urging Chen Jinchun to go ho early and be safe on the road.
Suddenly, the company was empty, with only the office still lit.
Lu Liang set his alarm, planning to take a short nap.
At two in the morning, the Wall Street Journal's official website updated an article.
The editor-in-chief personally interviewed the Speculation God, Soros, asking his opinions on the yen's trajectory.
"Creating inflation expectations, making consurs aware that prices will rise in the future, hence, for so goods they were already planning to buy, they would purchase them sooner, thus stimulating consumption and investnt, thereby reversing the long-term extrely low consumption and investnt situation."
"This is a paradox, a true free market cannot be controlled, and trying to do so will surely be retaliated against by the market."
The octogenarian with white hair spoke bluntly, attacking the fundantal operational logic of the Anshan Economic Theory.
After all, this wasn't his first ti doing this, nearly writing his intention to short the yen all over his face.
The forex market stirred again, surging by 5 points instantly, reaching 112 yen.
At this critical ti, the Wall Street Journal invited Soros for an interview, and Soros accepted, discussing the yen's trajectory.
It was clear as day, known to all.
At three thirty in the morning, the White House suddenly released news.
About six hours ago, Lucian had t with the Ice Princess where both sides engaged in a friendly exchange on the 66th anniversary of US and South Korea establishing diplomatic relations.
"Ultimate move!"
Lu Liang marveled, with no ti to appreciate the strong move by the United States, he hurriedly operated his account, massively repurchasing yen for closing positions.
For at the mont the White House released the news, the US-Japan exchange rate had surged by 13 points, reaching 125 yen.
Everyone knew that, in the early nineties, Korea developed by leveraging the United States to dismantle Japan's economy.
At this ti, Lucian's eting with the Ice Princess was evidently ant to send a ssage to Anshan.
Not accepting apologies or the new security law ant this issue was not over.
The eting with the Ice Princess was political pressure, Soros' involvent was economic pressure.
With both pressures applied, the channel for the yen's devaluation had been opened, and even gods would struggle to save it.
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