America: My Time

Chapter 1253 John's Scheme

Chapter 1243 John's Scheme
"How long will this financial crisis last? Will it end before the end of the year?" After a long while, Lee Boo-jin finally asked the question that was on her mind. She originally didn't want to talk about such an important matter, but as the situation changed, she changed her mind. If things continued like this, South Korea's situation would become more and more difficult and dangerous, and it would also affect John's investment in South Korea, and even affect her own interests!

"It's unclear how long it will last, but it's impossible for it to end before the New Year. Haven't you noticed that Soros and his cronies have other schemes up their sleeves? It's not just before the New Year; we don't know when it will end even next year. Otherwise, why do you think I chose to stay in China instead of going back to the US? There's a White House party for the New Year. Even if my relationship with Richard Lambdon is terrible, I still have to give him some face, after all, he represents the United States!"

John was right. If he hadn't been forced to, he wouldn't have chosen to stay in China and give up the White House New Year's party. Making that choice meant breaking ties with the White House and the donkeys. His excuse—spending the holiday with his grandparents and even having family come to China—was clearly just a pretext. After all, China values ​​the New Year, not Christmas!

Of course, this is an explanation to the public, but it means that relations with Donkey and Zipperton have completely deteriorated. Although it is not his fault, but Zipperton and Donkey have gone too far, no matter how many excuses he has, the relationship between the two sides has completely deteriorated and is unlikely to ease in the short term!

"If that's the case, isn't our expansion a bit too early, potentially causing you to lose a lot of wealth?" At this point, Lee Boo-jin also realized that entering the market and expanding prematurely could result in significant financial losses and require even more investment.

"It's alright, this is normal. If we didn't enter the market now, do you think those important assets would fall into our hands? Why do you think the expansion of Asian energy and quantum mining has been so smooth, with no one standing up to intercept it? It's because those guys know that this financial crisis is far from over. They're waiting to see me make a fool of myself, and this is the result they want to see. In your eyes, you see a loss of wealth, but in my eyes, I see the future. Energy and mining are both non-renewable resources. Controlling resources means controlling the future, and this price is worth paying."

"But aren't you worried about the pressure on Asian energy and quantum mining companies? They are all burdened with considerable loan debts. Entering the market so early will have a greater impact on them?"

"You're oversimplifying things. Do you think I haven't considered this kind of issue? Have you looked into those loan details? I was well-prepared. I borrowed their local currency, not US dollars. How much do you think this financial crisis causing the currency crash will affect me?"

Although Lee Boo-jin had heard similar rumors before, they were just hearsay from outsiders. But now that John had told her in person, the shock was immense, leaving her stunned. After all, for Lee Boo-jin, this meant that John had long understood the situation in Asia and was already prepared. The Asian financial crisis was fundamentally caused by problems in various countries; Soros's attack merely triggered the crisis.

In fact, Lee Boo-jin was oversimplifying things. It wasn't as simple as it seemed on the surface; there were many calculations behind it all from the United States. But John wouldn't say such things; it would be too dangerous. No matter how much he trusted Lee Boo-jin, he couldn't bring himself to say such things.

"Alright, you don't need to worry about my situation or the impact of the company's expansion. This loss is nothing. Getting in early has its advantages; we can get what we want. Don't go back to Korea before the New Year. Let's talk about it after the New Year and give those guys a good thrashing, teach them a lesson."

John also made a fortune from the sharp drop in the Korean currency, and had enough funds to expand his business in Korea. Just like John's strategy in Japan, when the exchange rate between Japan and Korea fell to his expected level, it would be time to sell off his holdings and reap the rewards.

The current Asian financial crisis has attracted a massive influx of international speculative capital, effectively hiding John's funds. These hidden funds have gone unnoticed, and as long as Standard Chartered Bank, Hurricane Investment, and even Xinxing Bank and Chengxin Bank haven't intervened, it's not a major issue. However, many are now eyeing John's financial assets, eager to know his next move. While Soros's recent gains and achievements are impressive, he still falls short compared to John. John, at least, had meticulously planned ahead, making him far more astute than Soros. In fact, they haven't even ascertained the exact amount of capital John used for his pre-emptive arrangements. This is precisely why Soros and Oilfield Capital haven't rushed into a decisive battle with John!

Despite Soros and Oil Capital's constant claims that John has made numerous acquisitions and expended a huge amount of capital, they are still waiting and want to conduct more tests. They are worried that John's funds exceed their expectations, causing them to suffer heavy losses in the final battle!

Soros was determined to defeat John and establish his position in the financial world. However, while his idea was good, it was not an easy thing to actually succeed. It would require a much greater price to pay, and even paying a great price might not guarantee success. Even with the support of the Federal Reserve, he could not compare with John, who was a cheat code. There was a qualitative difference between the two!

Lee Boo-jin smiled wryly and said, "I don't want to interfere. I want them to suffer a bit, but I'm worried that more trouble will arise. I'm worried that those guys will come knocking on my door. I know how shameless they are!"

"So what? Even if they come knocking on your door, you can turn them away. Don't forget this is China, not Korea. And you can completely pin the blame on me. No matter how eloquently they try to persuade you, it won't work. Relax and enjoy a peaceful and comfortable New Year here. It's not us who's in a hurry now, it's those guys. We've held the initiative from the beginning. As long as we don't give in, they can't do anything about it. You don't think anyone would dare to jump in and compete with us for those assets at this time, do you?"

John would be happy to see someone take the initiative to enter the game and compete with him for the assets. He's not afraid of such a thing happening; he's just afraid that no one will make a move at all. After all, the current situation is still very dangerous, and no one dares to enter the game easily at this time. It's impossible for everyone to have no ambition or ideas. Those guys in the US all want to make a move, but they don't dare to act rashly. This financial crisis is not over yet, and they are worried that they will pay a heavy price.

Many guys are eyeing those assets in South Korea, but so far no one has made a move. They're all waiting for the right opportunity, waiting for South Korea to reach its breaking point, waiting for South Korea to have no choice but to compromise and admit defeat. If they were to actively participate like John, none of them would dare to do so. They value wealth too much; their mindset is completely different from John's. After all, these guys can't see the future value of those assets.

If anyone knew that the value of energy and minerals would skyrocket in the future, they would fight John for them at any cost. Unfortunately, they didn't know, so they dared not choose to confront John head-on at this time. They couldn't afford the staggering losses, and they didn't have John's foresight.

John can withstand such losses because he acted in advance and completed his strategic planning. Even with high-priced acquisitions, he still makes a huge profit. However, those who want to compete with John don't have that kind of strength. If they were to bear these losses and acquire everything at high prices, disaster would await them, potentially even plunging them into bankruptcy. If they were truly drawn into this Asian financial crisis, utter annihilation would be upon them. They are not without enemies; as soon as they expose their weaknesses, countless wolves will pounce on them, tearing them apart and devouring them. This is the madness of conglomerates; this is the terror of the business world!
One wrong step leads to another. If one were to fall into such a crisis, there would be no hope at all. Financial warfare is not as simple as it seems on the surface. The consequences of failure would be dire. Therefore, even though those guys knew about John's actions, they dared not take action to intercept him or actively seize these assets. They could only watch helplessly as they fell into John's hands.

The more those guys understood John's methods, how terrifying and insane his plans were, the less they dared to act rashly. Now that John had seized the initiative, only a fool would choose to confront him head-on, especially in a direct confrontation over acquisitions, if they lost that advantage. Even figures like Soros wouldn't dare to entertain such thoughts, let alone others. After all, Soros and his ilk had the support of the Federal Reserve. This illustrates just how deep their fear of John was!

(End of this chapter)