America: My Time
Chapter 1096 Crisis breaks out
Chapter 1096 Crisis breaks out
Chapter 1086 Crisis Erupts
John's words, delivered through Jimmy, may have been what fueled those guys' crazy ideas. They thought that with their youthful vigor away from the US, they would have more opportunities, especially Dreamworld and Nvidia. But will their scheme succeed? Would John be unaware of their every move? Could this be another trap?
Even though there were some unexpected events at Dreamworld and Nvidia, it did not affect John's sale of shares in these two companies. John continued to sell his shares little by little. Although the amount was not much, he was constantly reducing his holdings. This was John's final promise. However, the more John did this, the more uneasy Morgan felt. There was always a hint of worry in his heart.
Even if someone wanted to talk to John, there was no opportunity. John was currently in China and making strategic moves there. Not only was Nokia building factories in China, but Seagate was also preparing to do the same. With the emergence of the internet cafe alliance, Seagate's market value had surged, and many now believed that John's acquisition of Seagate was all for this day.
While Morgan was having a headache, John ignored the situation in the US and continued to act according to his own plan. Soon, everything at Dreamworld and Nvidia was handed over to think tank personnel for management. This surprised many people, but what surprised them even more was yet to come. Soon, John relinquished control of all the listed companies and handed them over to think tank personnel. This situation left the US conglomerates puzzled.
At this moment, a crazy thought couldn't help but cross everyone's mind: Could John really be going to give up completely? If so, this would be a big problem. Some people stopped and began to observe, fearing that this was another conspiracy to lure them into a trap.
Where did the money from John's share sale go? This was a question many people were concerned about. They soon discovered where the money was used: it was all used for their children's personal funds. What they found was astonishing: John's three children each had a personal fund of $50 million, and these funds were all held in Standard Chartered Bank.
These funds are now managed by Standard Chartered Bank, not Hurricane Investments, which has shocked many people. Fifty million, and three children would amount to 150 million—that's an astonishing sum.
John didn't care what others thought, nor did he want to. After all, John had never intended to hide anything about this matter. Only by letting those guys know would they dare not have any further thoughts or dare not challenge his bottom line.
John initially thought his grandparents wouldn't be able to adapt to life in Beijing, given the vast difference between it and their home in Bordeaux. However, after so much time, John realized he had been overthinking it; they were quite comfortable and at ease.
When John transported a portion of Château Mouton Rothschild's wine collection to Beijing, the old man was astonished. He had initially thought John's wine holdings in Beijing were small, but now he realized how wrong he was. John's wine collection in Beijing was astonishing; each of his courtyard houses had a massive wine cellar. And this was just in Beijing; there were also cellars in Shanghai. One could only imagine how impressive John's wine collection had been over the years.
John bought this personally and then transported it here for storage. It contains not only red wine, but also other types of alcohol, including all kinds of famous Chinese wines. After all, the wines from this era are all genuine, with no counterfeiting involved.
"John, won't you be affecting the development of your companies by staying here all this time? And aren't you a little too idle?" Seeing that John didn't seem to have much to do, the old man was a little puzzled.
"Grandpa, don't worry. If I had to handle all those companies personally, do you think I would be incredibly busy? Leave professional matters to professionals. I have plenty of time now. Most importantly, I don't get along with the Donkey and I have a grudge against the White House, so I don't want to go back and argue with them, lest I cause unnecessary trouble. As long as I'm here in China, they won't dare to make any rash moves. If I go back, it will be a different story."
John shook his head, expressing his utter contempt for those guys, including Donkey and the old folks in America. After he left America, these guys had made some small moves, but nothing significant. Especially now that they've stopped, John was getting increasingly anxious. It seemed these guys were quite patient.
John's influence is greater outside the United States than it is inside. After all, John's safety in China is guaranteed, and even if something goes wrong in the United States, John can completely absolve himself of any responsibility, leaving those old guys speechless.
"But you can't just sit around doing nothing, and you keep avoiding people, can you?" There are quite a few people who want to contact John. After all, a big investor like John is very popular in China these days. Many people want to invite John to invest, but he has politely declined them all. It's not that John lacks funds, but rather that he doesn't have enough talent reserves. This series of frenzied expansions has depleted his talent pool built up over the past decade. For a long time to come, John will need to suspend investments!
Without talent, what's the point of investing? John is also very envious of the huge Chinese market. Putting aside everything else, the health supplement market alone is incredibly lucrative. You know, the health supplement market in China is absolutely insane right now, with profits that are practically robbery.
Time passed slowly, and the more low-key John became, the more uneasy the guys in the US felt. By mid-December, John still showed no intention of returning to the US, which worried Morgan and the others. They couldn't understand what John was up to. Even if he had an agreement with the White House, he should have returned earlier to prepare for such an important holiday as Christmas, instead of having Jennifer Connelly arrange the charity donations.
Even the family was puzzled, wondering what John was up to. If the old man hadn't intervened, someone would probably have already called to ask if John was coming home for Christmas. The old man was more convinced that John had ulterior motives; if John didn't want to come back, he must have his reasons!
It was indeed intentional. John was orchestrating Mexico's economic crisis. No one could have imagined how much damage the North American Free Trade Agreement would inflict on Mexico, or how fragile their economy was.
Action has begun. Standard Chartered Bank and Hurricane Investments are both taking action and following John's plan, making final preparations. After all, the Mexican economic crisis will soon erupt, and their opportunity to reap the rewards will arrive. Standard Chartered Bank and Hurricane Investments have made comprehensive preparations over a long period of time.
Late at night on December 19, 1994, Mexico took action and suddenly announced the devaluation of its currency, the peso. This triggered huge panic in the market and directly set off a financial storm.
"Damn it, how could this happen? Have those guys in Mexico gone mad?" The entire Wall Street was in an uproar, shocked by this crazy news. But Hurricane Investments was different from Standard Chartered Bank. They had already taken action, and everyone had entered the safe house. They had begun their crazy attack.
Soon, people thought of Hurricane Investment and Standard Chartered Bank. Given the magnitude of the incident, everyone wanted to know how John would handle it. However, when they inquired, they discovered that Hurricane Investment had entered a security alert state, as had Standard Chartered Bank, which made everything clear to them instantly.
"Damn it, I finally know why John, that little fox, didn't stay in China. He just didn't want us to bother them. That bastard was prepared all along!" At this moment, many people on Wall Street were cursing John.
Morgan was also shocked. He had thought that John's mind was focused on investments in China and loans and cooperation with Japan. But now they finally realized that John had been prepared for the peso devaluation all along. Looking at the plummeting exchange rate, everyone sighed and was shocked by what they saw.
Now everyone is thinking about those who shorted the peso in the market before. These short positions were all done by Standard Chartered Bank and Hurricane Investments. Many people are also thinking about John's investment in Mexico, which was a loan, and in pesos no less. With such a crazy devaluation, John, that little fox, is going to make a fortune.
Everyone assumed that Hurricane Investment and Standard Chartered Bank personnel entering the safe house were preparing for this sudden economic crisis. They were wrong. John had already planned everything. What they were doing now was targeting the Japanese yen, laying out a strategy against Japan. The Great Hanshin Earthquake was imminent, and John wouldn't let such an opportunity slip by. Shorting the Nikkei index was a must; otherwise, how could he plunder more profits from Japan?
Of course, this was just the beginning. Even more insane plans were yet to come, including the manipulation of the yen exchange rate. This series of schemes would bring huge profits to Standard Chartered Bank and Hurricane Investment. If he succeeded in this major battle, he believed that the loans to Japan would no longer be a problem. With Mexico's economic crisis serving as a shield, no one would suspect that he was making moves against Japan at this time and under these circumstances. This plan, while not flawless, was close enough that it would be difficult for others to see through, and everything could proceed smoothly. Those guys in Japan would never suspect that someone was already watching them.
(End of this chapter)
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