America: My Time

Chapter 950 Panic

Chapter 950 Panic
Chapter 920 Panic
The upgrade of the Internet Cafe Alliance has begun, and the special effects factories of the two major media groups are also undergoing upgrades, causing a huge impact on the entire market. This is because John did something crazy: he sold second-hand computers, directly selling the personal computers that the Internet Cafe Alliance had upgraded to the market at rock-bottom prices, effectively blocking those guys' market.

The massive influx of used personal computers into the market had a predictable impact. Their affordability and high quality attracted many budget-conscious buyers, severely impacting other personal computer companies and causing their market share to plummet. John learned this from the US government, which had used this method to bankrupt its own aircraft manufacturing companies. Now, John was using the same tactic to drive his competitors to the brink of collapse!

"Damn John, how dare he do this? This is completely destroying the market! We're going to sue him!" Many people were cursing. The companies most affected were Apple and IBM, but unfortunately, they were powerless to do anything about it. After all, John hadn't broken the law, and they couldn't do anything about him.

The sheer number of internet cafes in the network was giving PC companies a headache. This is when trouble started to erupt. Oily capitalists saw an opportunity, and soon some media outlets criticized the internet cafe network's "unethical" behavior, arguing that it was impacting the US PC market and hindering its development. They believed the network should donate used PCs to schools that couldn't afford high-end computers, thus ensuring a stable PC market and preventing the impact on other PC companies' interests!
Unfortunately, no matter how much these guys clamored, it was useless. The internet cafe alliance simply ignored them. Even if the second-hand personal computers were sold at rock-bottom prices, the sheer number would still be a considerable asset. Who would be foolish enough to donate them for nothing? At least John wasn't that stupid, and the franchisees would be even less likely to make such a foolish decision.

As a competitor, John was eager for other personal computer companies to collapse, flooding the market with outdated, secondhand workstations and causing a huge impact on the entire market, harming many companies. However, for John himself, it was all beneficial.

When this happened, Morgan became the target of persuasion again. Knowing Jimmy was in China, before Jimmy even had a chance to learn about John's factories around Shanghai, he quickly received orders from his boss to meet with John. The impact on US personal computer companies, affecting their market capitalization, was causing panic on Wall Street, who feared the company would collapse. Apple's situation was now extremely precarious; they worried that the company's collapse would harm their interests!
"Jimmy, why are you back again to plead for those guys? I've received a lot of advice from people these past few days!" John smiled calmly when he saw Jimmy appear in front of him again. When launching this attack, John had already thought about what kind of attacks those guys would face and how much pressure they would be under.

“John, you know the situation. Can't we give them a way out? If this continues, those personal computer companies will go bankrupt, which is something many people don't want to see. The internet cafe alliance has made money, but others haven't, and other personal computer companies can't withstand this kind of impact, nor can the chip companies. You can't go against the entire industry, can you? That would lead to lawsuits for market monopoly!”

"Heh, that's their tactic. It's ridiculous. They can lower the price, but I can't just donate those personal computers to those schools for nothing, just because they say so. Do you think I'm that stupid? Those are all high-quality machines. I don't want to suffer such a loss!"

“John, don’t doubt those guys’ desperate counterattack. If you really drive those personal computer companies to the brink of collapse, it won’t be good for you, and it won’t be good for ASUS either. Those guys will have more ways to target us!”

Hearing Jimmy's words, John smiled calmly and said, "I'm not easily intimidated. They have their methods, and I can do public relations. They won't last long, but I can hold out. They're far from being able to threaten me. I won't fall for that. If they want me to back down, they'll have to offer me something. Besides, we all know who's behind this. I want an explanation. I can be lenient with the US, or even the North American market, but they can't just leave us without any response!"

Seeing John's reaction, Jimmy understood that everything was under John's control. If those guys didn't give him an explanation or any real benefits, they wouldn't expect him to back down.

"Alright, you have to give us a condition before you ask for anything. You can tell us your requirements and we can discuss it together!" Faced with John's pressure, Jimmy had no choice but to compromise. After all, time was limited, and this was just the beginning. If the entire internet cafe alliance's second-hand personal computers were to flood the US computer market, the consequences would be unimaginable!

“I don’t have many demands. Just give those damn guys an explanation. The New York Times or the Wall Street Journal, let them choose. Don’t think I don’t know they’ve regained control of those two newspapers. Since they dared to cause trouble and mess with me, they’ll have to pay the price!” As soon as John finished speaking, Jimmy sighed. He knew perfectly well that the newspapers had returned to the hands of those oil-rich capitalists. Even Morgan’s acquisition of Time Warner came at a huge cost. Morgan’s failed acquisition of the television network was not only blocked by those conglomerates, but also by those oil-rich capitalists. After all, Morgan sided with John and was considered a potential enemy by those oil-rich capitalists.

"John, I will convey your request to them, but I can't guarantee whether it will be successful!"

"If they disagree, I'll take it myself. And this is just the beginning. You haven't forgotten the huge rendering farms that the two major media groups still have, and the workstations that banks and companies have replaced. If they want to play, I'm ready to play along anytime. I'm just afraid they can't afford it and want to treat me like a pushover. They're not qualified, or they've forgotten the heavy price they paid before. If they want to play business tricks, I'll play along to the end!"

Faced with John's assertiveness, Jimmy had no choice. After all, if it really came to this, it wouldn't just affect Oilfield Capital, but also others. Jimmy even worried that it would directly cause turmoil on Wall Street, since it would affect not only personal computer companies, but also semiconductor chip companies.

Although Jimmy knew John was prepared, he didn't expect the preparations to be so thorough and the methods so domineering. Faced with such an impact, no personal computer company could withstand it. If it really broke out in full force, the second-hand computer industry could easily destroy most personal computer companies. This is the situation that no one wants to see!

Seeing Jimmy's distressed expression, John smiled calmly and said, "Jimmy, don't worry, I know what I'm doing. And what I want isn't much, just a newspaper company. It's nothing to those oil tycoons, nothing to those guys on Wall Street!"

At this moment, Jimmy dared not hesitate. He told all this to the bigwigs in the United States in front of John and let them make the decision. Now, Morgan Stanley has gathered a lot of Wall Street giants, and no one wants to see those listed companies collapse, so they are all waiting for John's answer.

"What to do? John has already made his demands. Now it's up to you all to decide. If anyone's to blame, it's the oil giants for jumping around too much. They thought they could do whatever they wanted after the success of the pound crisis. Now they're going to pay the price. If John is allowed to take it himself, it might trigger a financial storm. I believe no one wants to see that happen at this time!" As soon as Morgan said this, everyone couldn't help but sigh.

"What else is there to say? Agree to John's request. We cannot pay a heavy price for the stupidity of oil capital. I believe Mr. Rockefeller will not refuse. Intel, which you control, has been hit the hardest, as have IBM and Apple. We don't have time to wait!"

Faced with the accusations, Rockefeller nodded. He had no choice but to agree; after all, they had been involved in the events surrounding John, and denying it was impossible. He was also worried that John would directly target him. These repeated actions had already displeased many major corporations. John's plans, especially the automobile project, would influence many corporations, making them willing to side with John rather than Rockefeller!
Profits are eternal, and the impact of the steel and automobile industries is enormous. No one can refuse John's "goodwill." Moreover, defeating European and Japanese car companies and regaining control of the North American market is a good thing that no one dares to refuse. If they do, they will inevitably become a sinner against the United States, and this is a pressure that no one dares to bear!
If the Rockefeller family were to be branded as a criminal against the United States, it would be a huge blow and cause unimaginable losses. After all, the consequences of such a bad reputation are too severe, which is what everyone is most worried about.

(End of this chapter)

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