America: My Time

Chapter 1210 Team Disagreement

Chapter 1200 Team Disagreements

Upon discovering John's situation, the Hong Kong tycoons became even more uneasy. At a time like this, John still had the mind to concern himself with the development of the Phoenix Group and arrange these trivial matters. In their eyes, the Phoenix Group was a minor matter; the Hong Kong foreign exchange market was the real issue. But even what they considered a minor matter was a behemoth.

Faced with the current situation, Hong Kong's bigwigs had no choice but to take action. The pressure on them from international financial speculators like Soros was mounting daily. If the crisis wasn't resolved quickly, they didn't know how much longer they could hold out. This required Hong Kong to take a stand. Thanks to everyone's efforts, a result was quickly achieved!
With Hong Kong's stance—a promise not to change the exchange rate system—the Hang Seng Index immediately rebounded, returning above the 10,000-point mark, restoring confidence in Hong Kong and bringing this test to a close. However, this was only the beginning; things were far from over!
At this point, Hong Kong was cheering, believing the financial crisis was over and that Soros and other international speculative capital had lost the battle. Unfortunately, their joy was premature; things were far more complicated than they thought!
"Soros, do we need to continue testing the waters? Everyone has suffered significant losses this time. Standard Chartered's reaction is a bit strange, as is Hong Kong's. I think Standard Chartered is bluffing. We can strike directly!"

"No, this matter can't be rushed. Do you really think John would leave behind such a huge danger? Although I also doubt Standard Chartered's current strength, we can't underestimate John, let alone Standard Chartered's foundation. Don't forget Standard Chartered's gold reserves. Even now, we haven't figured out how much gold Standard Chartered has. John has been too secretive in this regard. Not only Standard Chartered, but also Sinotrans and East West Bank have gold reserves that we don't know about. That's real hard currency!"

"So you mean we should give up Hong Kong? We have no problem with that, but I'm afraid international speculative capital won't accept it. If we just give up like this, those guys will no longer follow our orders and will no longer fight for us!"

"You're overthinking it. There's nothing to worry about with those guys. All they care about is profit. As long as they see profit, they'll still follow our orders like crazy. Let's leave Hong Kong for now and move on to South Korea. That's a lucrative market, and many people there have a lot of grievances against them!"

"It's a pity that we're letting John, Standard Chartered Bank, and Hong Kong go like this. I find it hard to accept!"

"Who said we're giving up? This is just a small relocation, and John has quite a few businesses in South Korea, including a significant amount of heavy industry. Don't you think this is also an opportunity to strike at John? What we need to do is not to directly wage war against this crazy guy, John, but to weaken his strength little by little. This applies to Southeast Asia, Hong Kong, and South Korea. When his strength in Asia is greatly diminished, that will be the time for us to deliver the fatal blow!"

Soros's calculations are undeniably brilliant, but executing them is incredibly difficult. His failures in Southeast Asia haven't taught him anything. To truly deliver a fatal blow to John is simply wishful thinking. Even if he could deliver a fatal blow to John during the Asian financial crisis, he would need the capability. In comparison, John had already laid the groundwork much earlier. Even if Soros were to employ sophisticated tactics, he couldn't possibly deliver a fatal blow to John. His actions would only make him a pawn in John's game, allowing John to obtain everything he desired!
"I still think John is bluffing. This is the best opportunity. Once we miss it, it will be too late by the time he reacts. Not only did he go to Standard Chartered Bank as soon as he arrived in Hong Kong, but he also ignored everything else and focused on dealing with Phoenix Group, even acting a bit recklessly. Knowing him as we do, would he really do something like this under these circumstances? I can't think of any other possibility besides this bluffing!"

There are always some stubborn people who believe their own ideas are right and that ignoring their advice is wrong. But no matter how they explain, it's useless; Soros won't accept it. Besides, this isn't a decision Soros can make alone; he has many things beyond his control. Becoming a henchman of the Federal Reserve means obeying your master's orders and readily carrying out whatever your master tells you to do.

The decisive battle in Hong Kong is not yet over. What Soros needs to do now is to first take advantage of others before targeting Hong Kong. He will not abandon his plan just because his companions have opinions or ideas.

"Alright, we know what you're trying to say, and we understand. We can't act rashly without absolute certainty. We're facing John, a guy who's made a name for himself in the financial world. You dare underestimate him? I certainly won't. Those who belittle him have paid a heavy price—you know that!" Soros's words were harsh. He didn't want to continue this entanglement. Soros understood John's vengeful nature, but he couldn't accept it. Everyone present harbored thoughts of revenge against John, but they all knew that their opinions didn't matter in this team; Soros's decisions were paramount. Now that John was still causing trouble, he was naturally disliked. If it weren't for his abilities, he would have been kicked out long ago.

In many people's eyes, John's focus on media and entertainment is a sign of insecurity. However, no one is absolutely certain, no one dares to act rashly, everyone is waiting for others to act, and everyone wants to observe for a while before making a decision.

John sighed at their reactions. This was the effect of Standard Chartered's formidable reputation; it made them hesitant to make a decision and caused a slight setback to his plans. If they had attacked now, they would have known what pain was, and how powerful Standard Chartered truly was.

"Boss, Soros and his group have moved their funds and are heading towards South Korea. You were right about everything. This guy is just testing the waters in Hong Kong!" Standard Chartered Bank quickly learned about the movement of Soros's funds. It's impossible to keep such a large-scale financial flow a secret, so as soon as their funds moved, Yuan Tianfan immediately notified John, the big boss. In this financial crisis, he had even more faith in his boss's abilities!
"It's the right thing to do. It would be a problem if they stayed in Hong Kong. Now the Koreans are going to be in trouble. They'll pay a heavy price for their stupidity. They'll have to pay back all the money they swindled from the American conglomerates. I don't know what these guys are thinking. Even the Japanese wouldn't dare to do this, but they did it. As for all this, we'll proceed according to plan and don't need to worry too much. Hopefully, these guys will cooperate, and we can gain more profits."

If Soros doesn't really beat the Koreans hard, how can he possibly acquire Daewoo Motors and Daewoo Shipbuilding and swallow this juicy piece of meat? Many people are eyeing such high-quality assets, so it's best to strike first. Therefore, John wants to see Soros demonstrate his capabilities and hopes to see the Koreans' tragic fate begin to unfold!
However, things aren't going well for Japan either. With the Asian financial crisis, these Japanese companies have suffered heavy losses and are filled with regret. If they had known such a crisis would occur, they shouldn't have signed so many loan agreements with John. Now they realize how much they've lost.

Seeking an explanation from John is impossible; they wouldn't dare. Faced with such a crisis, the Japanese government is extremely anxious. Watching banks and financial institutions collapse one after another has a huge impact on their entire financial industry. If it weren't for the availability of cheap energy for the Japanese people, their pressure would likely be even greater.

However, South Korea, also lacking in resources, wasn't so lucky. They didn't have the cheap resources available to them like Japan. When Soros turned his attention to them, South Korea quickly crumbled. Faced with overwhelming power, South Korea was completely dumbfounded; how could they possibly fight back? They simply didn't have the strength.

At this point, the Koreans thought of John again, but thinking about it was useless. This wasn't a decision that could be made in a short time, and the current situation was of their own making. If they hadn't been so greedy and insisted on maximizing profits, none of this would have happened.

Impacted by Soros and other international speculative capital, South Korea's meager resources were quickly depleted, forcing it to seek assistance from the International Monetary Fund. However, this only provided temporary relief. As long as Soros and his ilk persisted, it was impossible for them to weather this storm. Given the greed of Soros and other oil-based capitalists, how could they possibly let go of this lucrative opportunity? They wouldn't stop until they had squeezed South Korea dry. Greed drove them to frantically plunder everything, and South Korea was powerless to stop it. These guys could only watch helplessly as the situation once again spiraled into danger.

Standard Chartered Bank, which was mixed in with the crowd, also profited a lot from this battle without attracting the attention of the Koreans. The Koreans hate Soros the most. In their eyes, Soros is an unforgivable villain, making them grit their teeth and even want to kill this bastard!

(End of this chapter)