Rebirth: Super Banking System - Chapter 2544 - 2382: Targeting Japan First
Chapter 2544: Chapter 2382: Targeting Japan First
The data was released.
The public cheered.
Six years ago, their GDP was only about 20 billion US dollars, not even a fraction of what it is now. That’s over eighty times the gap!
Excitement!
Elation!
In the streets of Xin’an City, each major shop offered discounts in celebration once again! Don’t ask why they’re being so generous; they truly don’t care about earning a little less.
Rent.
Tax Rate.
None of it is high, and the benefits are good.
Moreover,
the entire city is part of the Myanmar Bank Group. Achieving such feats naturally calls for a response. Besides, these merchants are beneficiaries too.
In emotion,
and in reason,
both deserve celebration.
…
Seeing this,
tourists from various countries were first stunned.
A bit confused!
“More than 1.6 trillion US dollars? I… accepted it so quickly,” some tourists exclaimed.
“Same here.”
“What I’ve seen and heard in Myanmar convinces me of the data’s authenticity. I can boldly predict that India will surpass Myanmar this year.”
“How is that possible?”
“Hehe, just watch.”
“…”
Tourists from various countries complained, yet they could only smile wryly. Without comparison, there’s no frustration; others are celebrating joyously, but look at their own economic situation.
Sigh!
But tourists from Eurozone countries were more frustrated. Last year the Euro plummeted so dramatically that the GDP of the entire Eurozone was almost halved.
Myanmar: More than 1.6 trillion US dollars.
High!
The number is genuinely high. This figure can charge into the top ten of the world’s GDP rankings in 2010, becoming one of the world’s top ten economies.
What does this mean?
In short,
the growth rate is astonishing!
Previously,
it was just in the teens, this year, it’s almost guaranteed to break into the top ten. It might even break into the top eight or top six without any exaggeration.
Euro crisis.
Its impact is felt,
not just within the Eurozone, but also in many non-Eurozone countries.
…
India.
Upon seeing this,
continuing to bend over, picking lemons.
One basket.
Two baskets.
Three baskets.
…
The back started to ache a bit. This data is even higher than India’s in 2010. But looking back at India’s economy in 2011, everyone really lacks confidence.
Firstly,
the economy is lagging behind as always, with Roy City being the only bright spot, but a single flower cannot make the whole prairie beautiful.
Secondly,
currency is no match.
Fake currency.
Printing money.
It’s almost a vicious cycle.
As a Commonwealth of Nations member, the UK Brexit event also had some impact on it. Both economically and financially, the overall performance hasn’t been good.
Therefore,
for the sake of face, they only have… conventional operations left.
…
Eurozone.
Dismal!
Looking at Myanmar’s data, Germany is faring better; even with the Euro’s large drop, its GDP isn’t low. The truly struggling ones are other Eurozone countries.
France.
Italy.
Spain.
Netherlands.
…
Their data almost halved solely due to the Euro’s dramatic drop, especially France and Italy. They’ve long been in the top ten but now have fallen directly out of it.
Painful!
Frustrating!
At this moment,
the Greek people popped out and showed off a bit.
“See, being completely tied to the Euro leads to this outcome. Look at us, after leaving the Eurozone, having greater manipulation power over exchange rates.”
“The Euro should just dissolve quickly.”
“Continue like this, and everyone will be dragged into stagnation.”
“…”
This remark,
had many people’s teeth grinding. However, it did make many fall into contemplation. Indeed, the Euro’s issues they never saw as their fault.
Surely it’s the Euro that has the problem.
Look at it,
after Greece exited, even though there wasn’t much change in exchange rates and it remained stable, with the Euro plummeting, not devaluing is as good as appreciating.
Therefore,
if they had left the Eurozone’s ’pit’ earlier,
perhaps,
it would be a different scenario. Such thoughts began to sprout in many people’s minds. A big ship is good, but difficult to turn; this time, it truly hurts.
Protest.
March.
Demonstration.
For a time,
the Eurozone became more lively. As exchange rates dropped further, it cast a shadow over economic recovery for Eurozone countries at the start of 2012.
Lingering!
…
The United States.
The consortiums did not cease. Gitti’s intention was for the Asia Dollar to surpass the Euro to become the world’s second trade currency. It’s still a bit short now.
Currently,
the Asia Dollar’s expansion encountered a small bottleneck. Within two months of cooperation, it rose from ten percent to the current fourteen percent.
Euro?
Seventeen.
The part lost by the Euro was partly taken by the Asia Dollar, and partly by the Dollar, not because non-Dollar currencies jumped out to grab, but the market chose.
Therefore,
there’s only a three-point gap between the Asia Dollar and the Euro. But breaking through these three points is quite difficult. Reaching it requires a significant push.
However,
it’s already been pushed to the limit.
Going further,
might eliminate the Euro. That wouldn’t serve their interests; they’re all old acquaintances, making some money is fine, but destroying it would be too much.
Besides,
from a balance perspective, the Euro is needed to check the Asia Dollar.
Suddenly,
someone proposed:
“How about squeezing a bit from our own basket?”
Upon hearing this,
others immediately cast strange glances, not thinking it’s impossible. But this plan wouldn’t be easy to explain to other consortiums.
And the US authorities.
Indeed,
those who come to power are mostly representatives of interests. But some basic rules still need to be followed. Such actions might undermine US authority.
Three percent.
Of great consequence.
Do not underestimate it.
This is three percent of global cross-border commodity trade, a massive number. Handing it out for no reason, even a blind person can see there’s something going on.
“No way!”
“Can’t explain it to the outside world.”
“Exactly.”
“…”
“You misunderstood, not from the US basket…” After clarification, other parties suddenly realized; yes indeed, there are so many underlings.
Moving their basket, no pressure at all.
It’s not about smashing rice bowls.
Nor stealing food.
It just means their bowls get smaller, what they should eat, they still eat the same amount; there’s no impact. And once cooperation is completed, it’s up to the Asia Dollar’s fortune.
Hmm!
It’s quite feasible.
First,
target Japan.
…
Huaxia.
New Year’s Eve.
Most people focused primarily on the Spring Festival, only glancing at Myanmar’s GDP before busying themselves with ringing out the old and welcoming the new.
Qingyan City
Manor.
The Tang Family was as lively as ever.
Sitting around a table.
Eating, drinking, chatting, and laughing.
Reflecting on 2010.
Looking forward to the upcoming year.
As for the American consortiums wanting the Asia Dollar to grab a share from other countries, this is naturally part of Tang Qing’s plans, unless the Asia Dollar ends.
Otherwise,
breaking through this three percent will be a bit difficult. But under the fighters’ plans, it’s not an issue. Since the consortiums still have more to spare,
of course they should borrow some strength.
Once stuff is swallowed in, expecting the Asia Dollar to spit it out, dream on!
In mid-year,
the Euro,
will become history.
