America: My Time

Chapter 1020 Morgan's Concerns

Chapter 1001 Morgan's Worries

Morgan wasn't genuinely aware of the expansion of oilfield capital in the US; that was a lie. They simply hadn't given it much thought, or perhaps they felt everything was under control. But once oilfield capital controlled the US economy, things would be very different. Of course, there might be more scheming behind it, but when his interests were threatened, John wouldn't sit idly by. He would deliver a fatal blow to these guys, showing them his power.

John didn't care what others thought or thought; all he cared about was profit. Westinghouse Electric was currently in a completely desperate situation, with many people feeling hopeless. But John didn't see it that way. Westinghouse Electric still had a solid foundation. Acquiring Westinghouse Electric wouldn't cross the line for some people. Even Morgan wouldn't care too much, since General Electric was much stronger than Westinghouse Electric now.

John wanted to acquire these companies when they were in trouble, both Zeiss and Westinghouse Electric. He wanted to acquire them while they still had value, because their heritage was what John wanted most.

After ending his conversation with John, Morgan shook his head. Today's conversation with John had left him with a slight sense of shock. After all, this acquisition was something he hadn't expected. Morgan couldn't believe that John would make such a decision, especially since it involved acquiring two major companies in succession, Zeiss and Westinghouse Electric, both of which were not to be underestimated.

"Jimmy, what do you think John is trying to achieve by acquiring Westinghouse Electric? If it's Zeiss, then he's after their optical lenses. But what is he after in Westinghouse Electric? Is it their electrical division or their media division? It's infuriating how he's planning to spend so much profit to complete the acquisition!"

"I think it's still related to the electrical sector. After all, Western Energy accomplished a great feat before, building their power plants and gas division in the United States. Although he has given up, I think John will make a comeback, it's just a matter of time. Perhaps the acquisition of Westinghouse Electric is the beginning!"

"Yes, that's certainly possible, and I'm more worried that John might launch a crazy restructuring. After all, he's aiming for a full acquisition, and Westinghouse Electric's divisions aren't limited to electrical equipment. I'm concerned that he's trying to expand from another direction. With his frantic restructuring and consolidation, his strategy is becoming increasingly unpredictable. Now he's even considering spinning off Bell Labs' software division. What do you think he's trying to do?"

"It's hard to see through John's schemes. After all, every step he takes is 'crazy,' at least 'crazy' in ways we can't even imagine. Just considering the splitting and integration alone, it's incomprehensible! If it's just the electrical aspect, there probably won't be any development. Their nuclear power plant is already in trouble, but the power system is a possibility!"

"No matter what John, that little fox, is thinking or scheming, we can't hold him back. Besides, he's already acquired a lot of shares. Those stock market crashes have allowed him to secretly plan for a long time. If he hadn't brought it up now, who would believe he would have such a scheme?"

John wasn't too concerned about Morgan's thoughts or the White House New Year's Eve party. Westinghouse Electric was just like that; even if Morgan wanted to sabotage him, he couldn't. It would only damage their cooperation, which would be a net loss! As for the New Year's Eve party, although there was some buzz in the US, it wasn't a big problem. After all, everyone in the US knew John's 'weakness' perfectly well-known, as John had never hidden it, so no one saw anything wrong with it. However, globally, the impact of this matter was entirely different, especially in Japan, where everyone was incredibly anxious, feeling immense pressure and endless worry!
If they had succeeded in their scheme against John, gained enough market share, and secured an unlimited future, then it would have been all worthwhile. However, they did not succeed. Not only did they not gain any benefits, but they also offended John, their 'best' friend, to the point of no return. How could they be at ease? The Mitsui Group was the most worried about this!
If this scheming had only happened once, it could have been overlooked. However, the Mitsui Group's targeting of John was nothing new. Therefore, seeing John's retaliation and the White House New Year's Eve party incident only heightened their tension and anxiety. They had initially thought that even if John retaliated, it wouldn't be too serious, but now it seemed they were wrong, terribly wrong. The party date incident had led them to many unforeseen conclusions. Of course, this was also the outcome John desired. If these guys didn't have so many connections, how could he target the Japanese so effectively? How could he unleash all the trump cards he had prepared, letting them know the pain and the severity of their mistakes? The automotive industry is just the beginning, and the financial and stock market rebound is only a minor matter. What's more terrifying is yet to come. Iron ore price negotiations are out of the question; Quantum Mining will definitely give them a 'satisfactory' answer. As for semiconductor chips, it goes without saying that ASML has mastered the most advanced lithography machines, while Nikon and Canon still need time. During this period, they will suffer a huge impact. This is not only John's doing, but also Samsung from South Korea.

Another even more outrageous issue is energy. After John's conversation with the Middle Eastern tycoon, the tycoon naturally had to give John a satisfactory answer. Next, Japan's energy problems will become very big. After all, those guys in Japan have a shortfall in orders. They were severely outmaneuvered by John during the previous oil crisis and paid a considerable price. So, after catching their breath, they naturally dare not place more orders.

Needless to say, patents are another matter entirely. Many automotive patents are already held by Bentley Motors, owned by John D. Coulomb. For these Japanese companies to make further breakthroughs, they'll have to pay a much higher price. The same applies to digital cameras. Although current digital cameras aren't quite ideal, the product has been released, and the number of patents is self-evident.

As for the fact that John also controls Japan's second major industry, the impact on Japan is predictable. If John further restricts uranium mining through Quantum Mining, Japan's situation will be even more dangerous. After all, Japan's transactions with Quantum Mining account for the largest share of uranium mining. If Japan is truly cut off from its supply chain, the consequences will be unimaginable.

"Toyota-san, I'm not trying to criticize you, but what have you done with your honey trap? That woman was completely useless and didn't help us at all. I think you should really reflect on your actions."

"Heh, you have the nerve to talk back to me? What has Toshiba done? And if you hadn't kept boasting about how foolproof your cooperation with the US was, how could we have been deceived and ended up like this? Now our cooperation with Mr. John is in dire straits, and our sales in North America have been severely impacted. It's all your fault. You owe me an explanation, a proper closure. Why did things turn out this way?"

"You two, please stop arguing. I think this might be a conspiracy by the Americans. They're targeting us. What losses has the US suffered? Not much at all. If there's any, it's just Ford's loss. But we in Japan have suffered heavy losses. The entire automotive industry has been severely damaged, and more importantly, our reputation has been questioned. That's the most terrifying thing. Even if we wanted to admit our mistakes now, it's too late!"

"Mr. Morita, what are your thoughts? We need to work together now. If Sony has the capability, please contribute. This is no longer just a problem for Mitsui; it concerns the economic development of the entire Japanese economy. This kind of impact has seriously affected our global strategy. I believe Sony is also under considerable pressure. If things continue like this, you will also be significantly affected. Therefore, we need your strength!"

When he heard these guys talking, the old man Akio Morita was furious. Sony had asked them for help before because of his own problems, but what did these guys do? Now that they have problems, they think of him. There's no such thing as a free lunch. Besides, they've already messed things up. What good would it do if he stepped in? He should know that the previous incident had already damaged his friendship with John!
Akio Morita shook his head and said, "I have no way, absolutely no way. I know you're thinking of having John's women influence things, but you know what happened at the White House New Year's party. Naoko didn't even show up. Don't you understand the implications? And even Hitomi Kuroki didn't return to Japan. That makes us even more concerned. She didn't even come back for the New Year. Don't you realize how serious this is? This isn't something that can be solved with a few tricks. Even if you want to resolve this crisis, you need to show sincerity! At this point, under these circumstances, no one can help. The interests involved are too great. If this is all an American conspiracy, we're already deeply involved and can't extricate ourselves. So coming to me is completely useless!"

(End of this chapter)