America: My Time

Chapter 684 The Gains and Losses Behind Compromise

Chapter 674 Gains and Losses Behind Compromise
Many people see John as a madman who doesn't care about the consequences. Look at the pressure and impact that Britain has suffered in such a short time. The Middle Eastern tycoons who have close ties with John have all sided with him and abandoned their investments in Britain. Since this incident, Britain has been seen as a traitor who has abandoned his supporters and has fallen into crisis. It can no longer get foreign investment, and its original investments have also run into problems.

John can abandon his investments in Britain, but are these guys willing to give up their investments outside Europe? Can they afford the losses? If John abandons Britain, he will suffer considerable losses himself, but Britain's reputation will be completely ruined. Without credibility, Britain's development will be in trouble. However, if John abandons Britain, there are other European countries, as well as Asia and the Americas, so it won't have a significant impact. After all, John's groups are multinational corporations with ample room for maneuver.

The British own the North Sea oil fields, but the North Sea oil fields do not belong entirely to the British. Moreover, if Western Energy abandons the British, it can choose to cooperate with Norway or Ireland. Although there will be some losses, the overall problem is not too big. However, if the British reputation is severely damaged, the entire economy will be severely damaged. Integrity is extremely important.

"Rover Motors and Scottish Electric are the compromises we can make!" Under such immense pressure, it was impossible for them not to pay a price. After some discussion, these British men made a choice: giving up Rover Motors was considered compensation to the Bentley Motors Group, and Scottish Electric was used to compensate Western Energy for its losses. Although they were unwilling, it was the only option they had. If both sides suffered losses, they would be the ones who would suffer the most, not John. Their assets were incomparable to John's; without Britain, they were nothing.

"I will contact the White House in the US. You should also talk to Morgan, and try to persuade him. I will talk to the White House to resolve this crisis as soon as possible and get everything back to normal. Don't have any illusions. If you cause any more trouble, don't blame me for not showing you any mercy!"

Faced with John's relentless counterattack, the English finally couldn't hold on any longer and had to compromise and admit defeat. If they continued, they couldn't afford the serious consequences and huge economic losses. In just a few short months, their own losses were already staggering, and if they continued, the situation in Britain would become even worse.

“Okay, I understand. But I still want to make sure that the British have really admitted defeat and won’t play the same trick on me again, appeasing me first and then continuing to harm me once they’ve caught their breath, right?” When he received the call from the White House, John still couldn’t trust the British; after all, those guys were too vicious.

"John, don't worry. This time, we're the ones mediating your conflict with the British. Downing Street has made a promise, and if they dare to break it, they'll face our wrath. I believe the British won't dare to do that. Besides, they've offered compensation. Rover and Scottish Electric won't let you lose so much profit for nothing. With the White House involved, you can rest assured. Everything will be over soon. We hope you'll back down."

"Alright, I have no problem. Since the British have admitted defeat, I will naturally give them face and won't make things difficult for you. I believe you've gained quite a bit this time, and I hope you won't forget my contributions!" At this moment, John didn't forget to demand benefits from the White House, after all, he was the one who had built all this. He had paid a considerable price for it, and even with the compensation from the British, he still suffered some losses.

"Don't worry, the White House will not forget your kindness or your contributions. If possible, I hope Bentley Motors and Western Energy will step in tomorrow to settle this matter."

“This isn’t good, after all, we haven’t secured Rover Motors and Scottish Electricity yet?” John frowned upon hearing this. This was very unfavorable for Bentley Motors and Western Energy. If those British guys went back on their word, he would suffer huge losses, which was not the outcome he wanted. Moreover, even the White House was not qualified to put him in such a dangerous situation. If something went wrong, would the White House take responsibility?

“John, I know your concerns. Don’t worry, we’ve already received the fax. If they go back on their word, their credibility will be completely destroyed. Without integrity, who would dare to cooperate with them? Besides, we’re not without the ability to fight back. The White House is absolutely on your side. You don’t need to worry about that at all!” “Alright, since you’ve put it this way, I can’t say anything more. Otherwise, it would be disrespectful to you as the President. After all, you’ve just taken office. If you don’t even have this much face, your prestige will be affected. I agree. I hope nothing like what we both want to see happens. I’ll have Pat Waltz and Mary Barra attend the White House press conference tomorrow afternoon. I’ll inform them now.”

It's morning now, there's a whole day, everything is still in time, and since Old Bush called personally, John can't refuse. After all, he just took over as president, and if he refuses, it would be disrespectful to the president and give others leverage against him, even if he has a reason to refuse.

After John hung up the phone, he informed Mary Barra and Pat Waltz to put everything aside and cooperate with the White House. As for the danger, although it existed, the possibility of it happening was very small. After all, the old man had made a guarantee. If the British really went back on their word, it would be a slap in the face to the US president, and the consequences would be serious.

When the two CEOs received John's call, they were both shocked. They hadn't expected the White House to get involved and for the British to compromise. It all happened so fast that they couldn't believe it for a moment.

"What a sly fox! He won't suffer any loss. Even after getting compensation from the British, he still didn't forget to ask us for more. This guy is truly a monster. Anyone who makes an enemy of him will definitely pay a heavy price. After this battle, no one will dare to cheat him again. Otherwise, the British's fate will be the best lesson for them."

"Dad, what's wrong with the British? Even if John launched a crazy counterattack and wanted to withdraw from Britain completely, they shouldn't be so panicked. I still don't understand. With the British's resources, they shouldn't be unable to hold on!" Little Uncle asked with a puzzled look. He didn't understand why this had happened.

"Normally, this would be the case, but this isn't normal. You only saw John's complete withdrawal from Britain, but you didn't see the overall British economy, nor the numerous forces behind John. It's not just one group, but several. More importantly, Quantum Mining and Western Energy both control powerful resources, along with Hurricane Investment and Standard Chartered Bank. If they were to act together, the British financial market would be shaken. Do you think the British would dare to continue confronting John? John can abandon Britain and turn to other European countries, but the British will lose credibility. Without credibility, do you think investors will still come? Not to mention the presence of Middle Eastern tycoons behind John. Don't underestimate their influence. If they completely refuse to cooperate with the British, the British economy will face serious problems. Don't just look at the surface; observe things deeply. You're still far from that point."

At this point, the old man sighed and shook his head, saying, "Actually, John was ruthless this time. If he hadn't been so ruthless, even more so to himself, and hadn't launched this series of crazy counterattacks, even Gulfstream Aerospace was prepared to pay a heavy price, the British probably wouldn't have been so eager to admit defeat. That's the power of conglomerates. When conglomerates make a full-scale attack, they will strike from all sides. If I hadn't watched John grow step by step to where he is today, I wouldn't believe that this young man has grown to this level in just a few years. He truly understands the gains and losses. Even those old guys might not have John's determination and the courage to bear such losses."

“Dad, even if the British offer some compensation, John’s losses are still staggering. Bentley Motors alone suffered heavy losses, yet he accepted your proposal. Isn’t there something wrong with that?”

"What's the problem? Do you think he's stupid? By doing this, we've incurred a huge favor, which we'll have to repay later. You don't think we won't have to do anything in the future, do you? Don't underestimate this little fox. We have to acknowledge this favor, because it's an official matter, and we also have to acknowledge the benefits the US gained from it. John is doing it out of personal consideration for us. With his position, he could have easily refused us and gotten even more benefits from the British, but he didn't. Instead, he chose to give us face. In your eyes, he suffered a huge loss, but for a financial tycoon like him, that loss isn't important. He values ​​the personal relationships behind it more. If you're also in politics, this is the best connection. This favor is very important to us. Reciprocity is essential for building relationships, do you understand?" The old man nodded to the young man, making him understand the stakes and benefits of this conversation.

(End of this chapter)