America: My Time

Chapter 1193 The Transformation of a Nouveau Riche

Chapter 1193 The Transformation of a Nouveau Riche

Chapter 1183 The Transformation of a Nouveau Riche
This is the incomprehensible reaction of Soros and his team. In their view, John's move is a bit too reckless. After all, Indonesia hasn't reached its worst point yet, and entering the market to harvest assets at this time seems premature. For those in finance, it's naturally considered early and unbelievable. However, Asia Energy and Quantum Mining aren't in finance; they're in assets. Acquiring Indonesian assets at low prices is already quite good; wanting to harvest at the absolute lowest point is wishful thinking. The Indonesians aren't fools; they won't give John such an opportunity. Even if they were greedy, they wouldn't dare sell assets to this extent. Trying to buy at the bottom is practically unrealistic. No country is willing to completely hand over its assets to foreign investors, and Indonesia is no exception. It's precisely because they understand this that Asia Energy and Quantum Mining entered the game early!

John is acquiring assets that have already been developed in Indonesia, so there is no question of bottom-fishing at this time. If he were to try to do that, the price would be much higher and there would be a high risk of things going wrong, which is not a situation that John wants to see!
The acquisition in US dollars was Quantum Mining and Asia Energy's trump card. After all, what Indonesia needed most at that time was US dollars. Faced with the acquisition from Quantum Mining and Asia Energy, they had no choice but to accept it to alleviate their own pressure! Even though they knew it was like drinking poison to quench their thirst, they had no choice because they simply didn't have many other options at the moment.

Of course, the acquisitions by these two groups were well-prepared, and a significant portion of the funds came from Indonesia. Similar situations have occurred in other countries as well. After all, Quantum Mining and Asian Energy had previously mortgaged a considerable amount of assets, and those loans were converted into US dollars, all for the sake of this day!

"Damn it, how could he do this!" The companies that wanted to buy at rock-bottom prices were furious at Asia Energy and Quantum Mining's proactive move. Unfortunately, they didn't have the same crazy determination as Asia Energy and Quantum Mining. They were still somewhat timid, after all, they didn't have the bank support behind these two groups.

Having laid the groundwork for so long, both Asian Energy and Quantum Mining possess enormous financial reserves, all secured by asset collateral, all for this very moment. This alone is something other mining companies cannot achieve, which is why they can only watch helplessly as Asian Energy and Quantum Mining sweep through the resources of Southeast Asia.

For John, this was simply a matter of transferring funds from one hand to the other. The funds would soon be recouped by Standard Chartered Bank and Hurricane Investment; all this planning had been for this day. The money wasn't important; what mattered were the resources of those countries. Of course, it wasn't just Quantum Mining and Asian Energy that made the move; other companies, even some offshore companies, were involved, all to alleviate the pressure on Quantum Mining and Asian Energy and to allow for negotiation!

John was overjoyed with the frenzied harvesting, but the guys in Southeast Asia were not. However, John didn't care whether they were happy or not; at this point, any valuable assets were within his grasp!
"He's too greedy! This bastard is too greedy! He doesn't take us seriously at all. He's even trying to take over assets like the rubber plantation. Is he going to convert all his funds into assets? This bastard's actions have completely disrupted our plans. We have to stop him, otherwise, when it's time for us to make our move, we won't have many options left!"

"Stop him? What do you have to stop him? Do you think that bastard John will care? And are you sure you dare to fight this guy at this time? Even if you have such thoughts, you won't get everyone's approval. It's obvious that bastard John was prepared in advance, otherwise he wouldn't have so many funds in reserve!"

"Yes, you're absolutely right. This guy was prepared all along. He mortgaged many of his assets and converted them into US dollars, waiting to reap the benefits. He managed to fool everyone before, and now even if we've figured it out, there's nothing we can do!"

"That's what makes him so monstrous. He can see everything in advance and prepare before we even understand the situation here. And this guy doesn't take the initiative at all; he lets Soros take the blame for everything. I have to say, this bastard is too insidious. Soros is probably cursing right now!"

"Is it useful? Faced with this situation, even Soros can't do anything about it. Besides, he can't go against John. His goal is finance, not industry, so they don't have a conflict of interest, at least not now. In fact, Soros needs the cooperation of Standard Chartered Bank and Hurricane Investment!"

Those who wanted to reap the rewards of real businesses and resources naturally understood how formidable John was. Before they could even act, John had already made comprehensive preparations. At this time, banks in South Korea, Japan, and even Hong Kong and Taiwan were all worried. If this financial storm also affected them, it would be terrifying; their losses from John alone would be staggering!

Even if these banks wanted to back out now, it would be too late. The contracts were there, leaving them no recourse. John had already anticipated everything they could think of, giving them no chance whatsoever! Of course, if they were given the chance to choose again, they couldn't refuse the loans from those corporations either. They were playing a game of open strategy, everything was out in the open, leaving no reason for refusal. Most importantly, even if you didn't take out a loan, plenty of banks would accept you. That's the benefit of integrity; no bank would refuse a loan to an honest company!
The Wall Street crocodiles weren't interested in John's strategy; their focus was on financial exploitation. John's conglomerates were profiting from the asset grab, as most of the funds would be poured into this financial war, becoming their targets. These Wall Street crocodiles didn't believe Southeast Asian countries could withstand their relentless exploitation.
John's rampant exploitation is something that not only oil-rich capital doesn't want to see happen, but also American conglomerates and even Middle Eastern tycoons don't want to see. After all, with the rapid expansion of Asian energy, John no longer depends on Middle Eastern tycoons and no longer worries about their energy supply being cut off by them.

Although the Middle Eastern market remains important to John, the balance of power has shifted. This situation forces the Middle Eastern tycoons to make changes and strengthen their cooperation with John to stabilize their relationship. If John were to part ways with them or even align himself with the oil tycoons, it would be a disaster for them, since John is fully aware of all the Middle Eastern tycoons' plans.

To take it a step further, many Middle Eastern tycoons rely on Jaguar Security in various aspects. Over a decade of cooperation has resulted in a very deep partnership between Jaguar Security and the Middle Eastern tycoons. If they were to lose Jaguar Security's assistance, their own security would be affected, and they might even face major chaos!
For years, Middle Eastern tycoons had been trying to overcome this problem, but unfortunately, despite their efforts, they hadn't seen any results. Soon, however, the Middle Eastern tycoons began to take action. John's companies started receiving orders from these wealthy individuals, and Gulfstream Aerospace also secured new orders, revitalizing the previously stagnant businesses!
Initially, the Middle Eastern tycoons were reluctant to continue participating in Hughes Aerospace's Starlink project, but they have now changed their minds and accepted Hughes' plans. More importantly, the large-scale project from Gulfstream Aerospace also forced them to accept. Furthermore, Gulfstream Aerospace's rapid technological advancements meant that many of their previously purchased products needed upgrading, or they would become significantly less effective. With the rapid development of semiconductor chips, many of the products held by the Middle Eastern tycoons require upgrades.

System upgrades require payment, and this is a considerable sum. Moreover, this upgrade requires completion in all aspects, which immediately relieved the pressure on Gulfstream Aerospace and allowed the previously stalled Starlink project to resume. Hughes Aerospace returned to its original plan!

Of course, where there are interests, there are also obstacles. The order from the Middle Eastern tycoon made many people envious, and even more people hated it. Oil Pacific Capital tried desperately to stop all of this, but they did not have the ability to do so. Even the White House could not stop it. After all, they had contracts with Gulfstream Aerospace and Bentley Motors, and the export rights were in the hands of Gulfstream Aerospace and Bentley Motors. They could ignore all obstacles.

Driven by profit, Gulfstream Aerospace's cooperation with Middle Eastern tycoons is accelerating, and Bentley Motors' sales in the Middle East are also increasing. Everything seems to be developing in a positive direction, attracting many people. This is a blatant temptation of profit, a combination of interests. This change has also made many people aware of Gulfstream Aerospace's progress, especially the US defense industry companies, who are all feeling the pressure. They had initially thought everyone was in the same boat, stuck in stagnation, but now it seems Gulfstream Aerospace is not like that. They are still moving forward, and have even pulled ahead of them, a situation that greatly worries them!
(End of this chapter)

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