America: My Time
Chapter 940 The Sterling Crisis
Chapter 940 The Sterling Crisis
Chapter 910 The Sterling Crisis
"John, that little fox, abandoned his plans in Europe and turned to China! Are those guys in Europe stupid? Such an investment should be very beneficial to them. How could they refuse it just because the car cooperation failed?" When Morgan learned that John had abandoned his investment plans in Europe and turned to China and Asia, and had already signed a contract with China, he was incredulous. After all, it was a win-win cooperation. How could these guys refuse it?
"They were too arrogant. They thought John wouldn't give up. After all, they believed that the Mandarin Oriental Group and the two major groups had made comprehensive plans and put in a lot of effort in the early stages. Giving up would mean that all their previous efforts would be wasted. That's why they made such a decision and made such a joke! They thought John would compromise and back down, but they didn't expect that John would abandon his investment in Europe and turn to Asia and China in the blink of an eye. Now those guys have lost big time! A multi-billion dollar investment plan was abandoned because of their arrogance."
"Is there really that much? Does the Mandarin Oriental Group have that kind of funding? Could there be a mistake?" At this moment, even the Morgan tycoon was shocked by the amount of investment Jimmy proposed. An investment of billions of dollars, that's just too crazy.
"There shouldn't be any mistake. This is a joint investment plan by the three major groups. Even if there are some differences, they shouldn't be too big. But now it has been completely abandoned. From what we understand, the Mandarin Oriental Group originally planned to build shopping malls, commercial centers, and tourism investments in various European countries. But because of their obstruction, they have given up and turned to China. Now their contracts have been signed, and the scale exceeds the previous investment plan."
When John reached an agreement with China, Morgan quickly learned of the partnership, as did those in Europe. They had initially thought John would soon yield to them, but now they were dumbfounded; the investment had been abandoned, leaving them completely bewildered.
By the time these guys wanted to salvage their investments, it was too late. The funds from the three major groups withdrew from Europe and began flowing into China, giving them no chance to renegotiate. The investments that were originally just on paper simply vanished. They thought John wouldn't abandon his previous investments, but they were wrong. John understood the importance of cutting his losses. Since these guys wanted to hold him back, there was no need to cooperate with them anymore.
When these Europeans realized they needed to renegotiate the investment with the Mandarin Oriental Group, they were met with a rejection, the reason being insufficient funds and a lack of investment capacity. As for where the funds had gone, these guys knew perfectly well. They had initially assumed that the three major groups' funds in Europe hadn't left, so they thought it wasn't a problem; now they realized they were wrong!
"Could this be another case of Oil Pacific Capital behind this? If it weren't for their instigation, this situation wouldn't have happened. These guys are completely dumbfounded now. If they don't give those Europeans an explanation, their fate won't be good. After all, they ruined the Europeans' plans." Morgan shook his head as he said this. Although the Europeans are arrogant, they wouldn't hold John hostage on such an investment just because of a car deal. The only explanation is that Oil Pacific Capital was targeting John again, but this time they failed.
"It's possible, but our people don't have detailed information yet. However, I don't understand why these guys aren't afraid that John will continue to block them. And if things continue like this, John won't be greatly affected, but they will be. The British didn't participate this time, so their investments there haven't been affected."
"Is there any movement in the Middle East? John, that little fox, isn't one to just take a beating without fighting back. Even we know that there are oil and gas capital behind this, so he can't possibly be unaware. Moreover, this little fox also has quite a few plans in Europe!"
"No, there's not a sound from over there. The Middle Eastern tycoons seem to know nothing about it."
"That's the problem. Do you think those guys would be completely unaware of such a major event happening in the US and Europe? I'm afraid they're secretly plotting something big. Those guys in Israel are going to be in trouble. Hopefully, things won't escalate, or they'll pay a heavy price again. Those guys in the Middle East have a lot of weapons. Before the collapse of Russia, a large number of weapons were shipped to the Middle East, and that hasn't stopped yet! What's the situation in Russia? Have there been any other changes?"
At this point, Morgan thought of Er Mao again. After all, Er Mao had a lot of good stuff. Given John's relationship with Er Mao, he could get even more good weapons. If this guy were to connect the Middle Eastern tycoons with Er Mao, those guys in Selig would be in trouble. Even if he didn't connect them, there would still be danger!
"There are changes in India. There are Indian shipbuilding experts in South Korea, Taiwan, and even China! Many Indian talents have also gone to Britain and the Netherlands. It seems that John intends to transfer Indian experts away."
“Normal, perfectly normal. Now I finally understand this little fox’s scheme. No wonder he’s investing heavily in shipping and shipbuilding, as well as large aircraft manufacturing. He’s clearly after Russia. He’s been planning this for a long time, and now it’s time to reap the rewards. Impressive, truly impressive. I originally thought this guy just wanted to get those documents from the Russians, but now it seems I underestimated his greed and ambition.”
Even if they understand, as long as Taiwan is willing to accept it, no one can stop them. Just like how John brought East German talent to Taiwan, this directly solved the problem of lithography machine lenses, freeing them from dependence on Germany. John's strategy is intricately linked, and now there's no need to worry about being held hostage. While Morgan Stanley was astonished by John's strategy, his investments in China were accelerating. Although it seemed a little chaotic at first glance, this was just the beginning. Once everything was on track, there wouldn't be any problems.
Time flies, and September arrived quickly. At this time, Soros finally made his move, and the European crisis descended. While Soros was conquering territory, John was also paying attention to the situation in Europe from China. Because when they started, Hurricane Investment and Standard Chartered Bank had already entered the game. Compared to them, John was better prepared.
"Damn it, someone has already gotten involved. Our plan has been seen through, or rather, someone has already figured out the situation in Europe!" As he frantically expanded his territory, Soros quickly discovered the abnormality in the market.
When the power of Oil Capital was mobilized, it quickly locked onto its targets: Standard Chartered Bank and Hurricane Investment. While Oil Capital launched its direct attack, Standard Chartered Bank and Hurricane Investment were quietly making a fortune. The more aggressively Oil Capital attacked, the more astonishing the gains these two financial institutions made, which shocked Soros and others.
"Damn it, I knew there was something wrong with John, that little fox, appearing in Europe, but you all insisted there was nothing wrong. Now we're doing all the work for someone else, letting this little fox make a fortune in silence. This guy has a lot of marks in his hands and is shorting other currencies. We've paid such a high price, and what we've gained isn't even as much as this guy!"
"It's too late to say all this now. Even if we wanted to stop, it's too late. We can only grit our teeth and continue. We can only blame ourselves for being too careless. We knew how capable this guy was and how sharp his eyes were, but we didn't do our research beforehand. It's no use saying all this now. We can only continue!"
Faced with this sudden unexpected event, the guys at Youtai Capital were furious. They had completely done John's bidding, but they were powerless to do anything about it because John had started his plan much earlier than them, and the reason they were able to discover it was because John hadn't tried to hide anything.
While Oil Capital was hurling insults, John, who was in China, was beaming with joy. He calmly remarked, "Those guys are probably cursing me right now, but what can they do? They can't stop this. The more they make a scene, the more profit I can make. I hope they won't disappoint me. I wonder if, after this is all over, they'll turn their anger on me, Standard Chartered Bank, and Hurricane Investment!"
The crisis in Europe shocked many. While Soros was at the forefront, American investment banks reaped astonishing profits. Of course, John's gains were even greater. The British lost over $4 billion, but Standard Chartered and Hurricane Capital alone amassed $1 billion. This only accounts for the British; it doesn't include the gains of other European countries.
When John's astonishing profits were discovered, many people recalled his earlier remarks. John had raised the issue of Europe long ago, but no one took it seriously at the time. Now it was clear how insightful John was, having quietly arranged everything while doing nothing and waiting for someone to make the first move, thus making a fortune in silence. This infuriated Soros.
Soros had always believed he could defeat John, but this time, he ended up doing all the work for John, who bore the infamy while John quietly made a fortune. How could this not infuriate him? He couldn't accept this outcome, so he directly targeted Hurricane Investment and Standard Chartered Bank, trying to shift the blame onto John. Unfortunately, this was of no use.
(End of this chapter)
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