America: My Time

Chapter 547 Guiding the Country
Chapter 547 Pointing Out the Landscape

"You're exaggerating. I'm not as capable as you think. It was just luck. Actually, if those analysts were more cautious, they would definitely have discovered the problems with the US economy. To be honest, I'm not optimistic about White House's capabilities. Suppressing those little devils in Japan is fine, it's the right choice. But can your internal companies keep up? Can they compete with them for the market? It's obvious they haven't done that. The semiconductor industry is like that, the automotive industry is like that, and the heavy industry is like that. It can be said that the US's R&D capabilities have been affected. Those old guys are eyeing Japan, but they're overthinking it. Japan isn't so easily subdued, and they have many calculations. Japan has a presence in the mining industry in South America."

"John, what do you think we should do to turn the situation around? You wouldn't choose to go against the White House, would you? As for Japan, we did underestimate them, but that's not a problem. Just give us a little more time, and we can take them down. After all, we control the Japanese market."

“Yes, we control the Japanese market. Now these guys in Japan are trying to break free from our control. Their attempts to suppress the semiconductor industry have repeatedly failed, which is enough to show the seriousness of the problem. Relying on domestic production is unrealistic. Even R&D problems have arisen. Overseas investment is our target. My target is Taiwan. I heard those old guys have their eyes on South Korea now. I hope they succeed.” John has always been very cautious about the semiconductor industry. He knows exactly what those old guys are doing.

“John, you don’t think highly of them?” Morgan’s heart skipped a beat upon hearing John’s words.

"It's not a matter of whether I'm optimistic or not, but a matter of ability. South Korea's development is indeed very good, and they are learning from Japan's development. But I prefer the Chinese in Taiwan. In my opinion, the Chinese are much more capable than the Koreans. Moreover, if I want lower production costs, I will only invest in China, where I have a better foundation."

“That’s right. ASUS has invested a lot in China these days, and there has been considerable development in silicon wafer semiconductors and electronic processing. Compared to South Korea, China is the best choice for you!” Morgan agreed with John’s words, believing that John was right. Perhaps this was the point of contention between John and those old guys.

"Once things are settled here, I will accelerate my investments in China. Electronics manufacturing, semiconductor manufacturing, and other industries will all be developed there more quickly. To be honest, the US isn't really suitable for manufacturing. Not only are the labor costs high, but the workers are also too lazy, which won't work. Factories and R&D are completely different. For the same wages, American workers are far inferior to Japanese workers. So I'm not optimistic about their semiconductor factories in the US. Even if they can get the technology from those guys in Japan, they won't have much of a future!"

When John brought up semiconductors again, the Morgan tycoon nodded thoughtfully, as if he understood John's intention and his warning: South Korea might not be a good place, at least not for investing right now.

John's conversation with Morgan was brief. Before anyone could get their attention, they ended the conversation, leaving no room for others to find out. This infuriated many, as they all knew the conversation was related to the stock market crash, and the sooner they knew, the better.

“Boss, John doesn’t seem to have made any promises to us, and it seems he’s not optimistic about Rockefeller’s semiconductor factory in the UK. Also, he seems to know about Rockefeller’s deal with Japan. Could it be that those guys in Japan betrayed those old men? Does Japan have the guts to do that?”

Morgan smiled calmly and said, "We don't need any promises. In fact, his words are the best promise. As for other issues, they are not of much concern to us. In the semiconductor field, do you think John is more capable or do you think those old guys have better vision? John has never touched the memory chip field. Do you think he really doesn't care at all, or is he worried that personal computer manufacturers will reject their products?"

Jimmy pondered for a moment and said, "I think John, that little fox, has been showing weakness to the enemy all along. It's not that he has no interest in memory chips, but that he's been waiting for an opportunity. Perhaps he feels that now is not the best time to enter the market."

"That's right, exactly. This little fox has been feigning weakness to the enemy, even trying to defuse Japan's vigilance. He's waiting for an opportunity. Just look at Taiwan's expansion to understand. John's investments in China are also constantly expanding. So far, he's kept his promises; all the funds have been invested in expansion and remain in China, without any withdrawal. What do you think would happen if his Chinese investments were placed under Nvidia?" "He's wary of those old guys, wary of anyone obstructing his investments. That's why the semiconductor and electronics manufacturing are all done under the ASUS name. From the beginning, he's worried about the problems after the US listing. But is it necessary? Everyone can see China's huge market, and everyone can see how low China's manufacturing costs are. Even those old guys won't object, and John holds absolute control."

"It is necessary, and absolutely necessary. If we don't make such preparations in advance, do you think anyone will target Nvidia or Dreamworld during a stock market crash? Why have those guys in Japan been able to hold on in the semiconductor field? It's not just because they have technology, but also because they have market share. Dreamworld has brought them a significant market share. That's why some people have been looking into Dreamworld; they want to take over Dreamworld's market share."

"But John has already taken back shares in several listed companies, and he's even buying up other companies at rock-bottom prices. He clearly has such a plan, so what does he have to worry about?"

“Jimmy, remember, you can’t just look at your own plans. Always leave yourself a way out. Before doing anything, consider the worst-case scenario and prepare in advance. John did the right thing. Only in this way can he move freely and remain invincible. Investing isn’t just about the gains after success; you also have to consider the consequences of failure. Do you think John, this little fox, can make so many people hesitant to take action? The Japanese, those old guys, and those guys from Japan—they’re all eyeing John, but who succeeded? No one succeeded. It’s not that they underestimated John, but that John is cautious enough. He prepared for the worst from the beginning. When those guys wanted to scheme against him, they found they had no chance. Just when they were hesitating, a stock market crash came, and this crash was also within the little fox’s calculations.”

Jimmy was shocked to hear this. He hadn't expected John, that little fox, to be so cunning and treacherous. In other words, everything was part of his plan. Since last year, this little fox had been scheming about everything. Just when everyone thought John was letting loose, they unknowingly fell into his trap.

"This is truly unbelievable. To be honest, I can't accept this claim, but I have no choice but to believe it. This little fox is incredibly cunning; he's manipulating everyone. But there's one thing I don't understand: how is he so confident that a stock market crash will happen? How did he manage to do that?"

"Jimmy, if you want to know, you can ask him during the upcoming meeting. I believe he will give you a satisfactory answer. And it's not just you who has this thought; many people have it too! Although this is a very important experience, I believe he will tell everyone. After all, the White House is also very curious. Of course, I am very curious as well! After this battle, he will become the most ruthless crocodile on Wall Street and a new trendsetter on Wall Street."

Hearing his boss's words, Jimmy nodded in understanding. The success of Hurricane Investment had a huge impact on Wall Street; those who followed had made a fortune, while those who didn't were in dire straits. Facing such a ruthless and cunning young man, anyone who dared to be careless would be a fool, courting disaster. Just as his boss said, this young man had been laying the groundwork for a year; that was a capability not everyone possessed.

"Boss, since there are other people who want to know the answer to this question, it's better for me to keep quiet and enjoy the benefits!"

"Yes, many people share your thoughts, but it depends on the White House's reaction. If they think the same way about this, then we need to stand up. Don't think it will affect your future or make you look like a fool. It's a good intention, and it's hard to distinguish between gains and losses!"

Jimmy frowned at these words, still somewhat puzzled for a moment. However, he felt that the expert's words made sense, so he decided to write them down and study them slowly in the future. Not everyone can receive guidance from an expert.

Seeing Jimmy's reaction, Morgan shook his head slightly. Jimmy still had many shortcomings in terms of comprehension. His only advantage was his loyalty, and that was enough. It was precisely because of Jimmy's loyalty that he had risen to this position step by step! In Morgan's eyes, loyalty was more important than anything else. Even if someone lacked ability, it wasn't a big problem, as long as they could completely obey his commands and arrangements, that was enough!
(End of this chapter)