America: My Time

Chapter 377 Conflict of Interests
Chapter 377 Conflict of Interests

At this point, many people believed that DuPont's choice was correct. They had no obligation to bear the pressure for Rockefeller, nor was it necessary to continue fighting against John, this little fox. It was clear to everyone that this was John's counterattack against Rockefeller, striking directly at his weakness. Asia is not the United States, not a place where Rockefeller could control everything, let alone the Middle Eastern tycoons.

When you scheme against others, you also have to endure their scheming. It's not worth making an enemy of John, that little fox. They don't have many interests in Asia, and there's no need to be targeted by this petty guy, John, at this time and under these circumstances. Not to mention that with John's latest trip to the Middle East, the market value of Dreamworld and Nvidia is soaring again, which makes many people unwilling to continue cooperating with Rockefeller, as their interests are affected.

Morgan is now making a fortune, and Dreamworld's market value is soaring. Morgan is the happiest person, as they hold a large number of Dreamworld shares. Under these circumstances, the rifts within Rockefeller's group are naturally widening, and it may not be long before their group collapses.

The world is a bustling place, driven by profit! Capital is no exception. When they see no benefit in Rockefeller, they will naturally choose to leave. Moreover, it's clear that Rockefeller's plan was flawed. Not only did he fail to control John, this young man, but he also allowed him to break free of his cage and soar like a phoenix, unleashing his power overseas. By escaping the constraints of the United States, he has lost the power to control John.

If Rockefeller's plan could suppress John, the little fox, and allow them to gain more benefits, those old guys would naturally follow. But now they see no benefit, nor do they see any way to suppress John. This forces them to make other choices. Judging from the current situation, Morgan's choice is the best and most correct one.

Dreamworld has gone public, and next up is Nvidia. If they don't improve their relationship with them, they fear they still won't get everything they want in the IPOs, and Morgan will still reap the benefits. Now they want to suppress John and cut off his development. They lack the capability in high technology; Dreamworld and Nvidia are at the forefront of technology, and Bell Labs goes without saying—it's already a well-known name. In media and entertainment, they are tycoons. Only retail has been consistently affected. For many old-timers, they see no hope of victory.

Quantum Mining's departure almost completely abandoned the United States. Its development speed is astonishing. Even if it seeks stability now, it is only a short-term matter. Once the mine enters a profitable mode, everything will no longer be a problem. Western Energy is the same. It also made the choice to leave. Although it has not yet gained anything, the oil refinery alone has made them take it seriously, not to mention ASUS's expansion and how amazing John's investment projects in China are.

“I know you Rockefellers don’t want to see a worthy adversary emerge, but your plan is flawed now. The environment is no longer what it used to be. Suppressing a prodigy like John is impossible. Quantum Mining has its sights set on the steel industry, and Western Energy has already entered the oil refining and oilfield development sectors. Now, both Quantum Mining and Western Energy are shifting their focus overseas. We are willing but unable, so we cannot participate in this confrontation. Rockefellers don’t care, but we can’t. We don’t want to leave an enemy for the future generations of our family.”

"Well said. John, that little fox, is petty. If we keep antagonizing him, he'll hold a grudge and cause trouble for the family in the future. This is no longer our era; the environment has changed. With the funds and the ability, he can easily abandon the US and turn overseas. As for high technology, our vision is nowhere near that of this little fox. Just look at what we've given up—what has become of it in his hands. I know you Rockefellers have connections with those guys, but you can't let our interests be harmed, and we can't accept this outcome. The listing of DreamWorld was already Morgan's attitude, and also that little fox's attitude!"

"That's right. We can't be friends with that little fox John, but we can't be enemies either. We can't afford his attacks. Ever since the failure of Lehman Brothers, his position in finance has been at its peak. If he targets any of us here, we can't withstand his retaliation. Rockefeller isn't worried, but we can't. We have to prepare for the worst. So this time, we won't get involved! No one wants to see any benefits but have to bear unlimited risks."

Rockefeller was exhausted by a group of guys who were unwilling to clash with John. Although Rockefeller was very powerful, he was also subject to many constraints. Without the help of these guys, it would be impossible to stop John overseas. With the strong support of Japan, this little guy faced almost no resistance.

"Alright, since no one is willing to participate, let's leave it at that. I admit my plan has failed; we simply no longer have the ability to suppress this little fox, John. I invited you all here today not for this matter, but for something else. Given his current situation, it's clear he's already on the path of industrialization. Bentley Motors and Gulfstream Aerospace are examples of his industrial development. This isn't just a Rockefeller affair anymore; I need a clear decision from everyone: whether to let him run wild and allow him to develop freely, or to continue suppressing him. Of course, you don't need to answer this now; think about it carefully when you get back. The White House is very unhappy about us forcing John out; you all know that. Now we need to decide whether to continue investing in semiconductors or refocus our efforts on suppressing Japan." Every failure to suppress John has been backed by Japan; it's the power of the Japanese banks supporting John, which infuriates Rockefeller. Now he's changing his approach, targeting the Japanese first, crippling them before turning his attention to John, this little fox.

In Rockefeller's eyes, John was the biggest threat. Many financial groups understood this, but none of them took the lead. Only Rockefeller, due to external forces and his own reasons, was so frantically targeting John.

If John posed a threat and would affect their own interests, would Morgan be unaffected? In fact, Morgan's influence was also significant. The emergence of Bentley impacted General Motors, which they controlled in partnership with DuPont. Moreover, in the field of high technology, the Morgan Group was the most powerful. However, they did not actively oppose John but chose to cooperate. Most importantly, the Morgan Group's power surpassed that of Rockefeller.

First Citibank abandoned its most important subsidiaries, Sikorsky and Pratt & Whitney, solely at Rockefeller's urging. They had no other intentions, nor was it possible; they had their own calculations and ideas.

The Texas consortium's sale of Hughes was not as simple as it seemed on the surface. They all had their own reasons, and it wasn't Rockefeller's persuasion that led them to make this choice. Perhaps their only purpose was to curry favor with John!
So, this group, seemingly centered around Rockefeller, actually didn't have much of a presence because they all had different ideas. The Morgan financial group could operate independently because it was powerful enough, and they saw profit and further development in John. Rockefeller, on the other hand, saw a threat. So they chose different paths: Morgan chose to befriend John, while Rockefeller chose to suppress him. That's the difference between the two.

If Rockefeller could have suppressed John with overwhelming force, everything would have been fine. But he failed, leading to the current awkward situation. DuPont and his ilk seemed to be helping Rockefeller, giving him almost everything he wanted, but they themselves didn't participate in the suppression. So, if John's most hated enemy was anyone, it would naturally be Rockefeller, while DuPont and his ilk remained completely uninvolved.

Rockefeller now understands these guys' schemes. In fact, they had noticed it at the beginning, but Rockefeller was very confident and believed that everything was under control. But now it seems that things are far beyond their control. John's development is becoming more and more crazy, with more and more funds being invested and more and more loans being taken out from Japan.

In the construction of oil refineries in Japan and Taiwan, almost all of them used Japanese products and were completed by Japanese companies. It was precisely because John made such a 'concession' that the Japanese companies were so dedicated. After all, the loans John received from them were almost entirely returned to him, or even transferred from one hand to the other. Naturally, they were willing to do their best to ensure the construction without any obstacles.

As for the competition, they didn't care. In their eyes, John was a latecomer, and it wouldn't be easy for him to get a share from Japan. Moreover, they didn't think that John's newly built refinery could threaten their position. On the contrary, they could gain more benefits from such cooperation. So no one jumped out to oppose it, and no one caused trouble, because everything was under their control. They believed that such cooperation was more beneficial to them.

(End of this chapter)