Agriculture Maniac

Chapter 573 Financial Crisis
The Ice Bear leader received a call from Yu Yang and fell into deep thought.

It is difficult to achieve a unified attitude towards bears within the European Union.

North America, for its own interests, will not allow the EU to accept the bears.

Therefore, let alone the Arctic joining the EU, even the Arctic's cooperation with the EU will be undermined by North America.

Against this backdrop, if North America wants to integrate into the EU, there must be something that makes the EU feel a huge threat, or even despair, and force it to absorb North America while suppressing internal opposition.

This existence is neither North America nor the three systems.

Instead, it's a union of three beauties.

Both sides are already among the top on their home planet, and their alliance will completely widen the gap with other regions.

Normally, the federal capital would classify the three systems as primary adversaries, and peaceful coexistence between them would be impossible.

However, if Yu Sanyuan is willing to sacrifice some of the interests of the three factions, a joint effort between the two sides is not impossible.

In particular, the Russian Federation has been sharing intelligence with European jus sovereigns and has recently obtained a great deal of important information.

For example, the Morgan Group obtained a brain-computer interface agreement.

For example, Lao Bu remained in Dongshan Prefecture, seemingly plotting something with Yu Sanyuan.

For example, Old Smith took over the Three Systems' stocks, corporate equity, and financial bonds in the European financial market.

If the three-system contraction of its monetary strategy, the Morgan financial group will compromise;

If the Third Series were to transfer a batch of technology and industry to Texas, Old Bush would compromise.

If the three-tier system pushes some Eastern companies to list in North America again, Old Smith will compromise.

the most important is.

According to the analysis of European Judaism, a financial crisis has already broken out in North America.

In the past year or two, the three companies have sold off their European-funded industries, European stocks, and oil-producing countries, and have also withdrawn funds from North America through their AI business. If we add the trade funds from Europe and the United States, the amount of US dollars they hold has become the largest in the world.

At the same time, the three-line system boasts the world's most complete industrial chain and the world's strongest production capacity.
When a financial crisis breaks out in North America and debt triggers severe deflation, only the three systems can save North America.

Therefore, as long as Yu Sanyuan is willing, the union of the three beauties is an inevitable trend in the future.

Of course, European jurisprudence also indicates that Yu Sanyuan will not really save North America.

The other side merely used the alliance of the three United States to force the EU to unite with the United States, thereby making North America feel threatened by the European continent, forcing it to launch a European offensive and igniting the flames of war in Europe.

By the time.

Whether it's the EU vs. the Ukrainian, NATO vs. the Ukrainian, or NATO vs. the EU + the Ukrainian, Yu Sanyuan can treat it like watching a tug-of-war. Whoever is at a disadvantage, the three factions will lend a hand and push more people into the fire pit, thereby maximizing the interests of the three factions.

on the contrary.

If the three systems do not save North America's financial economy, North America will weaken, Europe will not unite with the bear, and the West will be directly fragmented due to the global economic crisis. Then the three systems will become the first to step forward, prompting the bears in Europe and the United States to unite.

NATO + EU + Russia + Latin America + half of OPEC, this is not conducive to the global interests of the three systems, and it also disrupts Yu Sanyuan's long-standing plan for "development".

Therefore, Europeans predict that, based on the inevitable future alliance of the three beauties and the European bear, Yu Sanyuan will most likely approach him, the leader of the ice bear, to play the good guy while demanding benefits.

'Big Bear, the EU will never accept you.'

'But I can help you out and force the EU to cooperate with you.'

"However, by doing this, I will not only sacrifice some of the interests of the three factions, but also create an unprecedentedly powerful enemy for them."

So you have to do something to compensate me for my losses.

Without the analysis of European Jude, the leader of the Ice Bear would have undoubtedly leased the Chukotka lands to Sanyuan Agriculture free of charge.

However, after analysis by European sultanates, the leader of the Ice Bear was astonished to find that he still had to give up the land of Chukotka.

And I felt very upset, like, 'I know I'm being taken advantage of, but I have no choice but to be taken advantage of,' which was far worse than not knowing anything at all.

Because the bears had no choice.

Or rather, Yu Sanyuan simply had too many choices.

They could abandon Zahi Warburg, accept Walton Jr., and take advantage of the North American financial crisis to unite with Europe to reap the benefits of North America and isolate the Arctic Bear.

It could save the North American financial economy. Once the EU accepts the Ice Bear, the three systems will unite in North America, one landing in Europe and the other heading west from the Asia-Pacific region, with the two sides dividing up the Eurasian continent.

We can do nothing, wait for North America to fall into an economic crisis, wait for Europe to be affected, then the three systems will rise directly, forcefully launch S3, first pacify the Japanese islands, then slaughter the Ice Bear, seize the land and resources of the Far East, and then slowly conquer the world.

In short, no matter which of the three systems you choose, the Ice Bear is the worst off.

Now that Yu Sanyuan is taking the initiative to demand benefits, it's like giving Bingxiong a guarantee: no matter what happens in the future, I will never put you on the table.

and so…

When the Ice Bear leader received Yu Yang's call, he remained silent for a long time without saying a word. He then silently took out a map and leased the easternmost Chukotka Peninsula, along with the Kamchatka Peninsula, to Sanyuan Agriculture for twenty years free of charge.

There's a trick to this.

If only Chukotka is leased, it won't cause problems for North America further east.

However, leasing the Kamchatka Peninsula means that the Third System can build ports, deploy shore-based missiles, and threaten Alaska.

It's worth noting that Yu Sanyuan has publicly stated more than once: 'I want Alaska.'

Now that the goal is in sight, how can North America remain indifferent?
...

Upon receiving the Ice Bear leader's reply, Yu Yang instantly understood the other party's intentions.

However, he did not take this to heart. Instead, after arranging the agricultural reclamation plan in Chukotka, he handed over the development project of the Kamchatka Peninsula to Fujima.

Although there aren't that many lunatics and fools on the Japanese islands, it's impossible for them to actually invade Canada.

However, they would occasionally create certain conditions, such as Kamchatka being located on the Arctic shipping route, which could cover the Japanese islands from North American surveillance, cross the Arctic Ocean into the Beaufort Sea north of Canada, and land in the mineral- and oil-rich northwest region of Canada.

This is far safer, more covert, and closer than skimming the Bering Sea into the Alaskan Sea. If the radical right wing in Japan actually did that, wouldn't we have a good laugh?
...

A week later.

3 month 6 number.

When Fujima returned to Japan with the 'Kamchatka Peninsula Development Plan' after his trip to Shiri-ei, it greatly encouraged the right wing of Japan.

Delphi Corporation, North America's largest auto parts manufacturer, has declared bankruptcy.

Founded in 1890, the company originally belonged to General Motors and supplied almost all vehicle manufacturers. As early as 96, it established the Delphi-Tsinghua Research Institute in Beijing.

In 99, Delphi separated from General Motors and became independent, listing on the New York Stock Exchange.

In 02, General Motors reached an OEM agreement with Sanyuan Machinery, which Delphi dismissed.

In 03, with the support of Sanyuan Machinery and San-series high-precision molds, General Motors began supplying automotive parts to global automakers, and Delphi's business volume began to decline.

In 05, Delphi went to the East and signed a contract manufacturing agreement with Guangqu Automobile, intending to compete with General Motors' parts business.

In 06, Sanyuan High-Tech raised the supply price of its high-precision molds. However, Sanyuan companies were not affected, including foreign companies that cooperated with Sanyuan companies, such as General Motors, Renault, Mercedes-Benz, BMW, Volkswagen, and Volvo.

However, external companies that use the three-series molds, such as Shanghai Automotive, Guangzhou Automotive, and Dongfang FAW, have had to raise the prices of auto parts for foreign trade.

As a result, Delphi's automotive parts costs skyrocketed, and prices tripled or quadrupled, leading to a sharp decline in business volume and a massive increase in corporate debt.

The North American labor union, the UAW, is trying to persuade Delphi's father, General Motors, to implement a bailout agreement.

However, General Motors had already established a new auto parts business unit, and the rescue of non-3 Series companies would cause dissatisfaction among 3 Series companies and affect its contract manufacturing orders. Therefore, General Motors and the North American labor union - UAW - failed to reach a consensus.

As a result, Delphi's financial crisis worsened. When downstream buyers went bankrupt one after another due to poor management and were unable to pay for their goods, Delphi's bankruptcy became inevitable.

Delphi's bankruptcy means that the three companies in the Sanyuan Machinery and Quanpu Machinery industrial bases can obtain parts production orders from global automotive brands.

If 3D Machinery cuts off General Motors' parts supply business, the 3D Group will capture more than 80% of the global auto parts market.

Annual output value is approximately US$1500 billion.

Then,

3 month 10 number.

Bear Stearns, one of North America's largest investment banks with total assets of $700 billion, suffered a liquidity crisis due to the devaluation of subprime-related assets, such as factories and real estate, which shrank its total assets to $420 billion and triggered a large number of investors to withdraw their funds.

This directly led to a severe financial crisis for New Century Financial Corporation of North America due to subprime mortgages, resulting in a broken capital chain and forcing it to declare bankruptcy.

The credit crisis at these two large financial institutions led to the bankruptcy of CIT Group, a North American small and medium-sized enterprise lending company.

Or, to put it another way, "subprime" is a loan I lend to you, you lend to him, he lends to a fourth person, the fourth person lends to a fifth person, and the fifth person may then lend some of the loan to me.

When you can't pay back the money, you go to him, he goes to a fourth person, the fourth person goes to a fifth person, and the fifth person comes to me, but I still have to come to you...

This triggered a chain reaction, and everyone was unable to repay their debts.

Therefore, Kuhn Repo, which Jacob Schiff once set up in North America to control the region, and now Lehman Brothers, which was invested in by the Morgan Group, the Carlyle Group, and Wall Street capital, declared bankruptcy due to the collapse of its mortgage-backed securitization business and insufficient capital adequacy.

With total assets of $6910 billion, it became the largest bankruptcy case in North America.

But this is not the end.

The bankruptcy of Lehman Brothers triggered a crisis of confidence in finance across the United States.

A large number of depositors began withdrawing money from banks, resulting in a massive run on March 11 alone, which saw a staggering $28 billion in withdrawals.

This directly led to the bankruptcy of Washington Mutual Bank, which had total assets of $3279 billion, overnight.

Then, in the following two weeks, nearly 120 banks were forced to close down due to bank runs.

So many bank failures have left many businesses unable to obtain loans, let alone fulfill orders.

This led to a sharp drop in all three major North American stock exchanges.

So, on April Fool's Day, April 1st...

General Motors, the world's largest automaker, which sold over 7.5 million vehicles in 2005, with sales exceeding $400 billion and revenue surpassing $60 billion, played a cruel joke on the world: I went bankrupt.

reason?

John Smith, who has led General Motors for nearly 40 years, shrugged helplessly, "The stock has fallen, it's too late to play this game."

General Motors' corporate structure is extremely costly, mainly due to its high welfare, high salaries, and high-cost procurement. Strictly speaking, it should have gone bankrupt 20 years ago.

This is also why Ford has repeatedly been patient and willing to play second place.

Since you're going to die sooner or later, why should I fight you to the death? I might as well wait patiently.

Unexpectedly, John Smith, Old Smith's cousin, learned the essence of his father's teachings.

The company started by addressing its corporate culture by laying off existing employees and then rehiring them. Instead of cutting wages, the company actually increased them by a third. This delighted the employees, who spread the word about the "promotion and raise" but made no mention of the "layoff and rehiring," which boosted General Motors' stock price.

John Smith took the opportunity to cash out, get the blood pack, and then fabricate scandals for General Motors, such as burning several people to death or causing defects in certain parts that require a recall, thereby driving down General Motors' stock price and shorting it to obtain a second blood pack in order to support an ever-growing number of employees.

The more employees a company has, the larger it is.

The larger the company, the higher its market value will be if it doesn't go bankrupt...

John Smith's cousin, Old Smith, was a financial tycoon and a key figure on Wall Street.

No one prosecuted him for manipulating the stock market, which allowed John Smith to operate successfully for 20 years.

This resulted in the largest fine in North American history.

After General Motors partnered with the 3 Series, its market value skyrocketed.

The problem is that old Smith has started borrowing money to make ends meet, and now that the stock market has suddenly crashed, John Smith naturally can no longer continue playing the game.

(End of this chapter)