Chapter 80: Diggers Everywhere(1/2)
"I am very worried about the future US economy."
“I was very upset and surprised by the fact that the dollar exchange-related currencies fell below the new record lows that had ever been seen.”
"The United States is a powerful country, and technology and military are undisputed first in the world. However, not long ago, the US dollar exchanged to Turkish lira fell to 1,800 yuan, and most of the currencies exchanged to emerging Asian countries also depreciated drastically."
"This means a lot of capital is flowing out of the United States, and they are just as worried about the future economy of the United States," he said.
"Like my good friend Tenlamp, well, he's a real estate tycoon in New York, he told me that he's frustrated with the current economy because he's in real estate. So he's ready to invest in new companies in Turkey to survive the current economic downturn."
"And not long ago, when I talked about this issue with some high-tech companies, they also said that they were very optimistic about the US economy."
"Because although the Cold War ended and the nuclear crisis disappeared, it also means that the possibility of conventional wars will be higher, and the high tax rates make them feel overwhelmed."
"I talked about this issue before when I was talking to GM Ceo Jack. He said that the high tax rate puts GM in a lot of pressure, and the company may relocate some low-margin companies to Asian countries with lower production costs to reduce costs."
"Oh. This is really bad news. If the company moves away, wouldn't it be a layoff."
"It's really bad news. But Jack told me he had no other choice, because many departments have suffered continuous losses under high corporate taxes, and the company has only two options. Cut off these departments, or relocate to emerging market countries to survive the current dilemma, so that they can survive and not involve other departments that are not worse yet."
"Emerging market countries in Asia? But I heard that the technology there is very underdeveloped."
"This is the main reason. Underdevelopment means economic backwardness, labor costs, material costs and tax rates are extremely low. Many things that use artificial things do not have any technical content, which is undoubtedly a good choice."
On the TV show, Shen Jiannan expressed his views on the US economy as an investor and analyst.
From the continued downturn in the US economy, the global currency fluctuation cycle, and then to the difficulties experienced by various industries, it is easy to understand that the economic problems the US is experiencing at this time.
In addition, the capital's expectations for the economy and the difficulties in operating most enterprises are analyzed.
All are big truths.
But Tom Cohen couldn't accept these truths.
Because, he asked many friends to find a job, working as a painter in a paint workshop of General Motors.
Shen Jiannan mentioned just now that General Motors may relocate several painting departments in the United States to emerging market countries in Asia.
This means that he may not be able to work for long and he will face the bad situation of unemployment again.
"Damn the government! What the hell are these bastards doing."
"Is it still possible to live?"
Like a trapped beast, Tom Cohen was slamming the things in the house, cursing the man he himself didn't know should be cursed.
As an ordinary civilian, his girlfriend's departure and his bad life every day, he really wanted to find a stable job.
But obviously, his wish may be disappointed.
The show on the TV continues.
Tom Cohen vented his anger, and then lay down on the sofa, hoping to see some good news about optimistic points.
"Mr. Shen Jiannan, then will you invest in the United States?"
"I have always considered this. I think the United States is a creative country, free, equal, full of opportunities, and wealth can be legally protected. So I have always been considering making a big investment in the United States. But I can't make a decision. The board of directors believes that the high employment tax rate in the United States is really not cost-effective compared to other countries' tax rates.
They believe that Türkiye or Asian emerging market countries have low tax rates.
The board of directors believes that Turkey controls the earth's golden waterway. If it is there, whether it is trading or business, it can serve as a center to transport products to all parts of the world, which is in line with the interests of the company.
But I personally prefer the United States. The United States is an immigrant country with elite talents from all over the world and strong innovation capabilities.
Here, freedom and equality are a beautiful home.
So I've been very tangled about it."
"Oh, this is a shame. But recently, Democratic campaigner William Clinton mentioned that if he can take office, he will carry out new tax rate reforms to reduce the burden on enterprises. In this way, will you still invest?"
"Of course, I've been waiting for the final result of the election. So the board and I have compromised and concessions. Their original plan was to invest $2 billion in Turkey, but I think it's possible to wait a little longer. The election is coming to an end soon, and if the government makes reforms in tax rates, I'd rather invest in the United States."
“…”
Morgan Manor.
Hunter Morgan Jr. sat quietly in front of the TV alone, watching the broadcast program of Fox TV.
The old butler Radcliffe was detained, holding a tray, holding a refreshment and tea, and walked over with a steady step.
He placed tea and refreshments on the table in front of Old Morgan, watched the program on TV and said, "Mr. Shen looks very photogenic, and no big family has such excellent young people as him."
Tea Xiaoxiao was steaming, and old Morgan picked it up and took a sip, saying a little depressed: "This guy is simply a bastard. He has so many women but he has taken away my favorite granddaughter and has also made me go and force me."
Radcliffe smiled without saying a word.
In terms of bastards, who can compare to the bastards of old Morgan when he was young?
There are three celebrities who just live in Morgan Manor together. God knows that they will be so harmonious together.
What's more, who is not a bastard with a capable man?
Like this woman who is so young but so capable, she can only count with both hands, and is simply a role model for saints.
For Morgan now, there is no such person who is more suitable as a partner and ally of marriage.
He is passionate but not promiscuous, knows how to judge the situation, is very sensitive to politics, and will use public opinion and his reputation. He is too young, but he is not as arrogant and domineering as a young person at all.
Such people are simply the object God has prepared for the Morgan family.
"Have you found out when this guy got hooked up with News Corp?"
"It was last year that he had a financial media company in Hong Kong. The company originally belonged to Li Zhencheng's son. News Group wanted to acquire many media outlets in Hong Kong, so they negotiated with each other, and finally the two parties had a relationship."
"Can you find the company he controls?"
"I can't find it. I can only find out that News Group has added 32 new major shareholders. These companies come from all over the world, and the ultimate controllers of the company are all Americans and from various states. Among them, there should be many of them, which are all borrowed by him. Of course, it is also possible that these 32 companies are all controlled by him."
Are all of them?
Little Hunter Morgan was silent for a long time with a teacup, and a faint gloss flashed across his eyes.
To be honest, he was surprised by Shen Jiannan's performance this time.
News Group has always tended to cooperate with the Republican Party, but unexpectedly, Shen Jiannan has a strong influence on it.
California has always been a Republican voter. Now that Fox TV is doing this, as long as Clinton works overtime, the chances of winning will be much higher.
If it can permanently snatch control of California from the Republican Party, it will definitely be a good thing for Morgan.
This guy is a bit cunning. He quietly advertised China and dug a hole for Türkiye. How much hatred does he hate Türkiye.
Puff—
Thinking of this, Hunter Morgan couldn't help laughing.
If you dig such a big pit, it would be a damn thing that Türkiye would not be cheated to death. With those guys' understanding of economy and finance, they might even applaud him.
"Tell Jack and let him deal with the reporters."
"By the way. Contact the em, there is one thing that bastard is right. The cost of manufacturing cars in the United States is indeed much higher than that of emerging market countries. Japan is very good at seizing opportunities. We also need to expand our influence in the East."
"Yes, Master."
Boston, Massachusetts.
This is one of the earliest financial centers in the United States and the headquarters of General Electric.
Since Thomas Edison founded the company, the company has gradually grown into an outstanding multinational company with the infusion of capital from the Morgan Consortium.
At this time, Boston Group Building.
GE CECJJJ Yeager, holding coffee, is chatting with Boston Consortium CEO Anthony Pitt.
Although the two are from different companies, the Boston Consortium and the Morgan Consortium have been allies for a hundred years, so the two have many dealings and their relationship is very good.
They have been old friends for many years, so the two of them did not talk about the weather bored, but were analyzing who has a greater chance of winning this campaign and what policies the company needs to use to deal with the next policy changes when the new president takes office.
When they arrived at their position, it was very clear that the president would only win between Clinton and Bush.
Although Ross Perot seems to be a dark horse, his reform party and his family have no possibility of any of them.
Yes, in the United States, anyone can run for president.
But this does not mean that anyone can be president.
Think about how bad it would be to have a young kid become president, or to have a worker who only knows how to paint.
fair?
It's not fair, it's a disaster.
Any president who appears in this country will be a disaster.
The two were worried, obviously worried that Bush would continue to be re-elected. The current government has been fighting and has been raising tax rates, which has made the burden on enterprises very heavy.
Therefore, their salary has also been greatly affected.
Of course, this is just a small problem.
The most important thing is that the current government is doing everything, which has a great impact on the financial market, but they cannot get the exact news before the government takes action and are passive everywhere.
"I really envy the idiot Xiao Bu Shen who has a good father. I heard that before the Gulf War, he suddenly sold all the shares of "Haken Energy" and made a profit of nearly 850,000 US dollars. One of the shareholders who took over was my friend's friend. I heard that he committed suicide after going bankrupt not long ago."
"This is really a sad story. There is no way, who can make his father be the president."
To be continued...