America: My Time

Chapter 956 Undercurrent
Chapter 926 Undercurrents

"The American Dream? These guys are really good at bragging. What kind of American Dream is John? Who has such monstrous abilities? And this hype is a bit too outrageous. What 'starting from scratch'? Isn't that nonsense? These guys have no bottom line. But they've provoked John so much, aren't they afraid that John will give them a fatal blow?" When Jimmy returned to the United States and saw the way Oil Capital was praising him to death, he found it laughable. This was simply too much!

"Don't pay attention to those guys' actions. Let them try to target John. There's nothing we can do if they're persistent. Besides, do you think they have any chance of succeeding in competing with John in terms of media power? You know the situation in Hollywood. All the big players are worried about those corrupt executives, worried that something unexpected might happen. Aren't we eliminating that potential threat? John's point is also valid. Since we can't acquire CBS and ABC, we should take the initiative and expand with our existing networks. What Paramount can do, we can do too. We need to keep the power in our own hands, otherwise we'll be in a very passive position if something goes wrong! As for the global satellite navigation company, that little fox John is probably just timing his IPO perfectly."

At this point, Morgan sighed deeply. He now knew that the GPS positioning system was in the final stages of network deployment and would be completed next year. At that time, John Hughes Aerospace would have a competitor. However, developing a corresponding navigation system would not be easy. After all, the military would not share their own system. Most importantly, even if GPS were made available, there would be problems, and the accuracy would be reduced. Compared with global satellite navigation companies, it would have no advantage. If the competitors were to launch their systems first, its advantage in the civilian market would be further weakened!

At this point, Morgan understood why John's previous plans were so aggressive: he wanted to seize the initiative. Now he controlled the civilian markets for road transportation, maritime communications, and GPS positioning systems. Even if they wanted to catch up, they couldn't. Most importantly, Hughes Aerospace's third project was underway and had already yielded results.

The more Morgan Stanley understood John's ambitious plan, the more astonished he became. American conglomerates were also grappling with the situation. Some were eyeing satellite navigation, hoping to seize market share, but after understanding the whole picture, they were all stumped. The current GPS positioning system was a double-edged sword for them—useless but too valuable to discard. To break into the civilian market with this system would require a significant investment, and even then, there was no guarantee of substantial profits!
"I'm afraid that the oil industry will get too excited and break the rules, which could lead to another major war. After all, no one wants to see internal conflict in the United States again, especially since this is an election year. If something goes wrong, it will be very troublesome!" Jimmy didn't want to pay attention to all of this, but the election year forced him to keep an eye on it.

"Don't worry, those guys know their limits. Their goal right now isn't to flatter John to death, but to annoy him. They'll stop soon. Right now, these guys are interested in taking over the civilian operation of the military's GPS positioning system. They want to compete with John's global satellite navigation company and try to hinder its development!"

"They're crazy. What do they have to compete with John? Do they have enough technology? Besides, they don't have enough time. Global satellite navigation companies have already exploded in popularity, and their products cover all civilian projects. Even if they can get in, they'll have no market share left. They won't just see that the navigation device market is in short supply and think they have a chance. If that's the case, I have to consider their success or failure."

"You also think those guys can't succeed? Rockefeller doesn't think so. They're interested in participating in this project and want to compete for this market. They've already been secretly contacting the military and have begun preliminary cooperation and research and development. Perhaps they'll launch their own navigation device next year once the GPS positioning system network is successfully completed."

"If I hadn't seen John's factory in China and how hard the Chinese employees worked, I wouldn't have thought they would fail. But after seeing everything, I feel there's no chance of them succeeding. Even if they manage to grab a small share of the market, it won't affect the development of global satellite navigation companies. They're going all out; they have the capability. I don't have a high opinion of them. And even if they do, what about the factories? They're producing in the US. They can't compete with that little fox John on price. Cost is their biggest problem, so I don't have a high opinion of them!"

"Jimmy, you saw the factory John invested in in China. What did you think of it? What are your thoughts on John's overseas investments? Don't exaggerate; I need your honest opinion!"

"Perfect, that's the only word I can think of. The factory design is flawless, the hardware is perfect, and the employees are even more perfect. I simply can't imagine any possibility of John's investment there failing, at least not within the next ten years. If American employees were half as good as those in China, we wouldn't need to worry about the difficulties of manufacturing! I don't see any way to overwhelm them in terms of cost. Over the years, John's investment in China has far exceeded our imagination. The scale and scope of his investment are beyond what we in the US could even comprehend. What I've seen is just the tip of the iceberg!" Jimmy hadn't seen many of John's factories in China, only the automotive and semiconductor chip industries. He hadn't delved into other investments, such as steel and petrochemicals, but from the automotive and semiconductor chip factories, he knew that in a price war, few could rival John!
"It seems we underestimated this little fox. No wonder he travels to Asia every year to make investments. Now that his investments have reached this level, we really should take him seriously!"

"If possible, I think we should also shift our investment focus to China. This might create more profits for us. We can no longer be controlled by those guys. They always look at everything with outdated perspectives and are always arrogant, thinking that China is nothing. But their thinking is wrong, and very wrong! When I saw John's investments in China, I even had a terrible thought: perhaps in a few years, these industries will surpass John's assets in the United States and Europe. The cost advantage will allow him to sweep away his competitors!"

"So you think the Europeans won't cooperate with Rockefeller and Oilfield Capital, and that their cooperation won't affect John's Global Navigation Satellite Company?" At this moment, Morgan's gaze became somewhat serious. This concerned Morgan's interests, since they were the ones handling the listing of Global Navigation Satellite Company!

"Their cooperation will absolutely not affect John unless they can also have the same factory, but I don't think they have that capability. John has been investing in China for ten years and has completely built an industrial chain. Under such circumstances, what can they use to compete with John? From chips and electronics to LCD screens, software and labor, I really can't think of any ability they have to compete with John. After all, John also has factories in Europe!"

As for the United States, Jimmy is even less worried. John has more advantages here. Compared to the European layout, Bentley Motors Group's sales have now completed a comprehensive layout in North America, along with its car parts sales and repair shops all over the United States, giving it an absolute advantage. By the time those guys are ready, the entire market share will have already fallen into John's hands. Jimmy doesn't think those guys have the ability to compete with John on cost!
Ten years of planning have led to everything we have today. This is something that those guys at Oil Pacific Capital can't surpass just by trying. Oil Pacific Capital's investment is probably driven by ulterior motives. Whether all of this was part of John's plan, Jimmy didn't know, but his instincts told him that it was still part of John's plan. Otherwise, why would everything have come so suddenly, turning the global satellite navigation company into a breakout company?

Unfortunately, Jimmy had no evidence for any of this. Of course, for a tycoon like Morgan, evidence was irrelevant; suspicion was enough. From the moment they made contact with John, this shrewd fellow, they had never seen him make a mistake; everything was under John's control.

“If that’s the case, then we won’t get involved in these guys’ actions. We’ll refuse that old fox Rockefeller’s invitation. Let them try to compete with John for profits; GM will still choose to cooperate with John!”

It has to be said that the GPS positioning system has not yet completed full network coverage, yet there are already such crazy moves. Some people have already started to make arrangements, and have even contacted Morgan Stanley. Morgan Stanley is obviously interested as well. It's just unclear whether it's Morgan Stanley's bigwigs who are interested, or Morgan Stanley's shareholders.

Did John not know any of this? It's impossible for John not to know about something this big, but he didn't react at all, not even considering trying to win over 'allies'. Is there no problem with that? Or perhaps John has no other intentions? When it comes to interests, anything is possible.

(End of this chapter)