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Chapter 1,273 Expensive Cannes(1/2)

Ning Weimin and Matsumoto Keiko had lunch in the hotel room.

After Alain Delon and Rosalie left, they felt quite tired after packing their luggage and did not go to the restaurant to eat.

I simply used the room phone to order room service.

Ning Weimin ordered a large seafood platter, and Matsumoto ordered a paella for one person, plus a bottle of Chardonnay white wine.

A very simple meal for two people, not even a salad, cost nearly a thousand francs.

This is not counting the hundred franc tip given to the waiter who pushed the trolley to deliver the meal.

You know, in France at this time, the per capita monthly income was only 6,000 francs, which was enough for one person to eat six meals.

At this price, it’s really not cheap!

The prices are almost as high as the ones sold at the Tan Palace branch in Japan, but the taste is just mediocre.

Not to mention compared with the craftsmanship of Tan Palace, even compared with the Maxim Restaurant in Beijing, it is far inferior.

This inevitably made the arrogant Ning Weimin feel a little bit embarrassed, feeling that he had been stabbed by the French as soon as he landed.

But there's nothing we can do about it. This is Cannes, and it's still May when the film festival is held.

At this special time, this French leisure seaside town has undoubtedly become the focus of the world.

Big names gather and stars shine.

The rich and wealthy in Europe flocked to this place like a big fair, and they did not hesitate to use planes, yachts, and sailing boats to get here.

So during this period, everyone gathered in this small place was exhausted, and all consumption soared to sky-high prices.

For example, the Carlton InterContinental Hotel, the official hotel designated by the Cannes Film Festival, has so many celebrities staying there that security is tight and a work permit is required to enter. The cheapest room in this five-star hotel costs 20,000 francs a night.

The hotel where Ning Weimin and Matsumoto Keiko stayed was only four-star.

Not only are the facilities and equipment slightly inferior, the hotel is also located much further away from the Palais des Festivals de Cannes, so the price will definitely be cheaper.

But even so, it is a high-end suite after all, and a night's stay costs eighteen thousand francs.

And because Cannes is overcrowded, you have to stay at least a week, otherwise the hotel will not accept you.

In fact, they were able to move in smoothly, which was not only due to Master Pierre Cardon's reputation, but also because Takada Mi, on the Master's order, deposited a check for half a million francs at the hotel in advance for the newlyweds.

Finally they can enjoy such a comfortable suite.

This should be regarded as a wedding gift from the master to them.

In fact, most people who come to the film festival, even professionals, are far less happy than they are.

As long as they are not big names in the industry, whether directors or actors, they can only choose to stay in local B&Bs and small hotels.

Even if the conditions are poor, the price is not cheap, and the location is not convenient.

The starting price is at least two thousand francs per night. This is the current real consumption level in Cannes.

To put it bluntly, Cannes is in the business of film festivals and tourist seasons, and it only makes money in these few months every year.

Anyway, people don’t worry about no one coming to spend money during the peak season, but they don’t worry about it at all during the off-season.

To use an analogy, this scene is actually similar to the major tourist attractions during the Golden Week in our country a few decades later.

During May Day and National Day, even a standard room in the most ordinary convenient hotel can increase in price from one to two hundred yuan on weekdays to four figures.

So there is no need to worry about this. This is a run on resources caused by market demand.

On the contrary, now that he understands the truth, what Ning Weimin needs to consider is whether he should buy a property in Cannes.

Don't forget, he is currently a man with too much money in his pocket to spend it.

He made a fortune of US$500 million from Japan with the intention of investing overseas.

In fact, France is also a good choice.

Take Cannes, for example. It is nestled at the foot of the green hills, close to the shores of the Mediterranean Sea, and the Rivera Bay locks up several links to the sea, occupying a unique geographical location.

Although this place is world-famous for its film festival, it must be admitted that the blue water and sky here are intoxicating. It does have a unique charm. It is worthy of being a favorite tourist destination of the French and a rare tourist resource.

The tourist cities on Japan’s seaside were instantly outclassed.

And no matter how expensive it is here, can housing prices in Japan be as expensive?

Comparing the two, Cannes naturally shows the characteristics of a value depression.

What's more, under the current financial situation, in order to prevent inflation, the Federal Reserve also raised the benchmark interest rate from 5.875% to 9.8125%, with an interest rate increase of 3.9375%.

From this perspective, Ning Weimin is really wealthy.

If he converted all the wealth he transferred overseas into U.S. dollars, it would cost him 50 million U.S. dollars a year just in interest.

Just by doing this, even if he did nothing, he could make almost a hundred dollars every minute.

You can earn $50,000 just for one night's sleep.

Earn 150,000 US dollars in one day.

In addition, the appreciation of the U.S. dollar due to interest rate hikes has also led to the depreciation of other mainstream currencies in the world.

Take the franc as an example. This year, the exchange rate has changed from six francs to one U.S. dollar to eight francs to one U.S. dollar, and the trend of depreciation is even expanding.

As a result, co-author Ning Weimin has to spend 1.2 million francs every day to achieve the same interest income as his personal expenses.

No matter how you calculate it, you can't spend it as fast as you earn it. He is really a proper "interest man".

Yes, at present, it may not be the best time to invest in France, and it seems a bit stupid.

After all, no matter what you do these days, it is far less cost-effective than saving U.S. dollars to earn interest.

After all, it’s hard to find a good thing in the world with a risk-free income of 10% per year.

But then again, those who can be called smart people must have a far-sighted view of problems and cannot just look at the immediate future.

Ning Weimin is really a person who likes to care about gains and losses in small measures.

Then he is still staying in Japan to speculate in stocks and real estate, and he will never transfer his assets out so early.

Of course he knows that it is entirely because the United States is using the currency tide to control the world, causing France to have a money shortage, and high-quality assets here are cheap.

He saw very clearly that if the United States really slowed down from this situation, there might be no store like this in this village.

So if it’s expensive, just be expensive, and just slaughter it.

People at his level no longer care about spending more "unjust money".

Now he is as if he is possessed by the system. He is not afraid of being treated like a sheep by the French. He is so arrogant and rich.

In this way, with this idea in mind, Ning Weimin began to consciously pay attention to the investment opportunities and related information available around him.

I hope I can clear my mind as soon as possible and find good investment targets here for myself and Qingzi.

To be honest, he is of course inclined to invest more money in France.

In addition to from a political perspective, the relationship between the two countries is relatively stable, which is conducive to the security of assets.

From the perspective of personal emotions and connections, the headquarters of Pierre Cardon's company is also here, and he also has several friends who seem to be quite reliable, so it is very convenient to do some things.

So the biggest advantage of investing in France is that it is relatively stable and there will be no major problems.

s??????.???

If you don’t understand something, you can find reliable people to ask for advice, and you can find solutions to difficult things, so there is always no way out.

Instead, they invested all the money they got out of Japan into the United States. If they did this, it would be a bit foolish to fall out of the wolf's den and then into the tiger's den.

Because although there are certain opportunities there, the uncertain risks are also very high.

I can't stand the fact that the Americans are a country controlled by the Jews and are very profitable. They are not only greedy, but also shameless, and they often act like hooligans.

To put it bluntly, considering that the United States will eventually become a rival of major powers, investing in the United States as a citizen of a republic like him is not just giving food to others, and it is definitely not a long-term solution.

For him, the wisest strategy is to do what he did in Japan, which is just an opportunity to make quick money and run away.

As long as his money is in the United States, he may always have to figure out how to get out.

Otherwise, if the American devils really target you, you will have to vomit as much as you eat.

If not, we might have to go through the same crimes that Meng Wanzhou suffered.

He's not that stupid.

Anyway, after eating and taking a nap, it was already three o'clock in the afternoon.

Feeling refreshed, Ning Weimin and Matsumoto Keiko did some things in bed that newlyweds like to do. After that, they took a bath before deciding to go out for a walk together.

Ning Weimin changed into a primary-color cotton and linen shirt, wore sunglasses, and khaki pants underneath.

Keiko Matsumoto put on a white dress. In order to protect herself from the sun, she wore sunglasses and a big straw hat on her head.

And they went out to the beautiful Croisette promenade.

It is spacious and clean, with vast beaches and bays on one side and elegant and high-end tourist hotels on the other.

The hotel's buildings include ancient buildings from the last century and very modern buildings.

The most famous hotels, high-end restaurants, and luxury stores are basically gathered here.
To be continued...
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