America: My Time

Chapter 1091 Crazy Operation

Chapter 1081 Crazy Operations
"Heh, this is really interesting. This is the confidence of Sumitomo Corporation! It can no longer be called confidence, but arrogance. No wonder they were dealt with so badly in the end. Repeated victories have made them lose their minds, or rather, they have become so arrogant that they believe that the price of copper will definitely be under their control!" After exchanging words with the Sumitomo guys, John couldn't help but shake his head. This situation was beyond his imagination. These guys didn't care about his reminder at all.

John had assumed that the Sumitomo Corporation guys would discuss the sale amount with him so he could be prepared. However, the situation was far from what he expected. These guys didn't care at all, as if they already knew how many copper ingots he had, and didn't care about his sale at all.

The guys in the US were fully aware of John's activities in Japan. After all, John hadn't concealed his actions, and neither had the Sumitomo Corporation staff. Perhaps they were trying to sabotage John. However, it was difficult for others to know what they were really thinking; after all, no one could know what was going on in their heads.

Many people thought John was just discussing futures trading with those guys in Japan, but they were overthinking it. John was actually plotting how to rip off those Japanese guys and how to continue manipulating the yen. He continued to invest in yen manipulation, launching another counterattack, only this time John had a longer timeframe and was better prepared.

After communicating with Shin-Yu Trading Co., John began to discuss loans with major Japanese banks. His reasons were quite compelling: the cooperation with Russia was one excuse, as were the breakup of many companies, the strategic layout in Japan, and even the manufacturing of mobile phones were all used by John as reasons for the loans.

What a big deal! This move immediately shocked the major banks in Japan, making them feel dizzy. This was a huge investment. At this point, some people raised concerns. John shouldn't be short of funds, after all, his previous strategy with the yen had brought him considerable profits. So why was John so eager to borrow money from them?

While there are indeed rational individuals, most are driven by performance targets. After all, John's reputation speaks for itself, and his previous loans have gone smoothly. If they don't lend, other banks will step in. For those big banks, money is no object, especially yen, and John has ample collateral.

Soon, John secured another round of massive loans from major Japanese banks. Emboldened by their support, he conceived an even more outrageous plan: to build an oil refinery and petrochemical plant in Hokkaido. This time, John went even further, directly approaching the Japanese government, demanding interest-free loans – a move that left the Japanese authorities completely dumbfounded.

Meanwhile, other banks and the US were dumbfounded. No one expected John to play so recklessly. Many people thought John's idea was impossible to realize, but they were wrong. John pulled out a trump card that even the Japanese government could not refuse: the energy issue. He directly told them that this was to help Japan stabilize its energy structure.

The unemployment rate in Japan is currently rising steadily. If they refuse now, it could cause considerable trouble, as the unemployed would become dissatisfied and negatively impact their future elections. John's argument is sound; it's a loan that needs to be repaid, just without interest, and such an investment would boost employment in Japan.

Just when many people thought the Japanese government would refuse, the result exceeded their expectations. John successfully persuaded those guys in Japan and got enough loans from them. The promise was simple: he would use Japanese products. This forced the Japanese government to agree. Otherwise, they would not only have offended John, but a whole bunch of people.

At this point, many people gradually realized that John was launching another major operation. Just like when John was growing and expanding, he relied on the power of major Japanese banks. Now, John's loans had reached the same level as back then. This crazy loan operation made those guys in the United States gasp in shock.

The reason is simple: one offshore company after another suddenly appeared among John's businesses, and John's shares were rapidly decreasing, even in the United States, leaving everyone stunned. Was the wolf crying, or was John simply trying to disappear into the shadows? This became the most pressing question for the Americans and Europeans. The Japanese, however, were unconcerned. In their view, whatever John did was irrelevant, as long as they benefited. The Japanese banks were currently very happy because they had secured another major client, reminding them of the benefits they had received from their previous collaborations with John.

More than a decade has passed, and John's previous loans have long been repaid. Now, another big windfall has occurred, and they are all naturally overjoyed. Moreover, they are even happier this time because John's loan is in Japanese yen, not US dollars. Everything is under their control. Even Quantum Mining has joined in again, directly using its copper ingots as collateral, and can even transfer the copper ingots to Japan at any time.

Is he a madman or a lunatic? This puzzled the old guys in the US and the guys on Wall Street. They didn't understand what John was trying to do or what kind of scheme was behind it.

Under the frenzy of borrowing, John's various companies were burdened with substantial debts. Even after the breakup, each company carried considerable liabilities, placing further pressure on those that were already free of debt. However, corporate debt offsets tax payments, which led to some negative comments, but to no avail. John didn't care, and neither did the Japanese. They saw that John's various Japanese companies were heavily indebted, but they were unconcerned because it was increasing Japan's employment rate.

For the Japanese government, the employment rate is paramount. As long as it can help Japan's economy recover and restore social order, this situation is insignificant. After all, these guys are desperately promoting how much they support investment and how many jobs they have created for the Japanese people. In short, it's a frenzy.

John naturally cooperated tacitly with the actions of the Japanese government, and was also trying his best to win the favor of the Japanese. Even the Japanese themselves were moving manufacturing overseas, but John, a "friend," was investing heavily in Japan. Phoenix Comics and Animation was also acquiring other companies on a large scale and expanding into retail, catering, petrochemicals, and express delivery. At this time, John even had exchanges with Osaka, intending to invest in port terminals in Osaka!
John's series of actions left everyone bewildered. Did Japan really have such great potential that it could inspire such a shrewd shrew like John to invest so recklessly? This made many people skeptical. What John didn't know was that while he was making such crazy moves, some people at Barings Bank believed this ridiculous claim from the outside world, thinking that Japan's economy was about to recover.

John didn't care what others thought or thought. He only cared about what the Japanese thought and thought. As long as they were willing to 'help' him, that was enough. The happier they were now, the more they would regret it later. They had a large sum of yen in their hands, and the yen was still very strong.

John's company in Japan is expanding rapidly, with even an oil refinery in Hokkaido underway. The Japanese side is now taking over the project, which makes the Japanese government think that John is a great guy who has just reached an agreement with them and is already taking action, so that they can give an explanation to the Japanese people.

Unfortunately, these guys didn't know that John wanted to spend the yen while it was still strong enough and was making full preparations. However, opinions soon emerged that oil refineries were not suitable and chemical plants were more appropriate. After all, due to the economic crisis, Japan's demand for oil had decreased, making chemical plants the most suitable option.

When this report reached the Japanese authorities, they were shocked by Asia Energy's response. In just a few days, the other party had already produced an investigation report. This situation also relieved them, as it showed that John had not originally intended to invest in building a factory. It was only through cooperation with major Japanese banks that the project was gradually brought about. This made them all very happy!
It has to be said, the imaginations of these Japanese guys are truly astounding. Even John hadn't expected them to have such thoughts. However, seeing the Japanese government and the companies interested in participating in the project so enthusiastic, John sighed. He'd received numerous offers lately, all wanting to take on his project and offering the biggest discounts possible. After all, these companies were struggling, and they wanted to seize this opportunity to give their businesses a breather. While they weren't going to cut corners, they were pushing profit margins even lower to secure this major project, revive their businesses, and help them weather the storm!

(End of this chapter)