Reborn American Tycoon

　Is the dot-com bubble the problem?

　not necessarily!

　Is the 3G bubble the problem?

　perhaps!

　This means that the economy has collapsed and confidence is gone. If you still tell growth, or the growth rate is a little bit slower.William White believes that it will not be the later result at all.

　Nima, the Internet bubble is always better than the real estate bubble.To be honest, commercial real estate may still create some wealth, but private residences are just nonsense. Shouldn't real estate be a consumer product?

　The more you live, the more valuable it is, and there is such a funny thing.

　No matter how luxurious your decoration is, after living in it for ten years, it will look awkward no matter how you look at it.Could it be that rich people shouldn't change houses every five or six years?

　Then, [-]% off the old house is not too much, right?

　You have lived for six years, so it is normal to discount 10% a year.Before that, real estate was actually the same as a car, with a 10% discount on landing, and then the annual decline was roughly within [-]%.

　However, cars seem to be like this, but houses have gone out of a wave of unimaginable market prices.Sending the United States to start, this is a wave sweeping the world.

　Tsk, it is the US emperor who finally hit the street, and other places don't know how it will end.A large amount of wealth has been turned into a meaningless steel jungle.As for those who talk about science and technology, I'm sorry, the development was too fast before, and now we need to stop and rest.

　Don't believe it?

　When did 3G appear, and why did it not develop until after 08? It has been half-dead for eight years. Has no one noticed something wrong?

　What do you say if you have no money? After a license is obtained, there is no way to raise funds.In this way, in addition to going back to speculate on uncompleted properties, can you find another project that guarantees income during drought and flood?

　Who are the representatives here?

　That's right, it's Superman Li.The old guys are planning to withdraw from the real estate market. London, Tuao's 3G license, Global Communications' Asia-Europe optical cable, these are the directions that Lao Li chooses.As for Superman, William White didn't believe that any bank would be willing to lend $150 for this product.

　The bullshit of investment geniuses is used to fool fools.In fact, Li Chaoren was always the only one standing behind him.

　Alas, I have to say that Lao Li's vision is still very vicious.The communication industry is a sunrise industry. If you invest here, you won't worry about excessive hype. The Nasdaq, which is already somewhat deformed, has not yet affected this industry.

　But ah, the cheapness of the eagle sauce is so easy to take advantage of.You're all in the car, and those damn old bastards are still struggling.So, do you stop and wait together!

Chapter 409 The Emperor's New Clothes

　Since humans invented stocks, lies and fraud have followed.It should be said that the unscrupulous plundering of Wall Street eventually led to very serious consequences.If there hadn't been a Great Depression, a world war might not have started, and even if it did, it wouldn't have been so intense.

　In order to prevent repeating the same mistakes, human beings began to review their own mistakes.The so-called anti-micro-duration, anyway, post-war Wall Street has become a lot more honest, and the rich grasshoppers have also discovered that if the game is overdone, money is actually the hell that kills.

　Under severe punishment and law, monopoly enterprises began to split up.Those who manipulate the market and engage in insider trading are thrown into prison. For a long time, it can be said that Wall Street is basically the cleanest market in the world.

　But, they seem to have forgotten that there is no eternal law in this world, and the law that was very good yesterday may not necessarily be suitable for tomorrow.

　The Tao is one foot tall and the devil is ten feet tall. The essence of capital is the devil.If the law cannot keep pace with the times, then a re-taste of the Great Depression is simply inevitable.

　Where is the Great Depression so terrible?

　It is meaningless to say how much the stock market has fallen. The securitization rate at that time was actually not high. Compared with the current situation, it is simply a world of difference.But why is it so terrible?

　It is actually faith.When this market loses confidence, all participants will become salted fish.

　Because you can't do anything!

　I don't know where I'm going to fall, I don't know when to buy the bottom, and I don't know where the funds for the bottom-hunting come from.To put it bluntly, this is the collapse of the entire value system. It happened once during the Great Depression in the United States. Human beings saw its horror. It was almost lost during the subprime mortgage crisis. If it wasn’t for the Mi Fed to pass on the risk, what would be the final result? It's really hard to tell.

　As for now, William White doesn't see the dot-com bubble as anything to be fussed about.You just see that the bubble is huge, but you don't notice it. If there is no such bubble, how can the Internet dominate the world.

　What is the right price?

　The price accepted by most customers is just that. Since it comes to marketization, William White believes that there is no need to say anything about the stock price.Especially if these words came from Greenspan's mouth, it would be very inappropriate.

　Okay, Silicon Valley has fallen into a wave of bankruptcy, not to mention those guys hanging around in the garage, even Nasdaq, at least half of the companies are unsustainable.

　Well, you guys have a problem with this bubble, a fear of the rise of new wealth groups.So, what about the energy bubble and the 3G bubble that are brewing now?They should be treated equally, right?

　You know, the rise in energy prices in California has triggered a serious crisis.That is to say, the winter here is not cold, otherwise, there might really be a little girl selling matches.

　"Uh, Dad, this guy is really real. At this time, is he planning to put eye drops on Old Ke?

　I just got the briefing, and I thought, this is going to be my problem soon. "

　There is no accident about Peanutton's throne, so there is no need to be too eager now.Checking tickets manually is fine, and it won't change anything anyway.But ah, the position is different, and the mentality is also different. If this happened a year ago, maybe this guy would still gloat.

　But what about now?

　"Son, in fact, he is a very qualified politician. You can be lucky, living in the same era as this kind of person is the greatest tragedy." Faced with his son's complaints, Old Bushu was very disapproving.You can see the crisis of the energy problem, how can William White's team not understand the truth.

　However, the emperor's new clothes tell us a truth, don't tell the truth if you see it.Especially when you are an adult, don't hold back your mouth.

　You see, he expresses his anger at the energy companies, condemns the so-called market principles, and then goes on to spend a lot of money to help the poor.

　Well, by the way, he sprayed Greenspan all over his face.To tell the truth, Greenspan is not well now. When did the old man say that the Internet had a bubble? How could you throw this pot at me?

　While saying that there should be no administrative intervention, they also demanded price control.Nima, this old man is the Federal Reserve Bank, not a price bureau.

　Of course, these words can only be slandered, if you say this, you will be sprayed into a sieve immediately.Whether the Internet has bubbles or not, it will not affect the lives of ordinary people.But natural gas and electricity will, if this thing can also be used to hype, we still have to live.

　"Father, the problem this time may be a bit big." As a veteran oil family, Little Bush naturally has no shortage of fighting experience.Pacific Gas has cleaned up its physical property like a big sale. If there is no problem in it, he doesn't believe it anyway.

　In fact, for large transactions involving energy, what you can see on the surface is simply the tip of the iceberg.Don't think that money is enough. If so, the largest oil company in the United States should be White Oil.

　"Hehe, of course there is a problem. But, son, the seriousness of this matter may exceed your imagination.

　You see, what company is raising the price of electricity, such an obvious goal, has any media attention?

　Including NBC.

　So, pay attention when you watch the news, especially NBC's financial news.I don’t know if you have noticed, but they haven’t mentioned the 3G communication that was hyped up some time ago for a long time. "

　Well, Little Bush seems to have thought of something unusual.He is very concerned about William White's industrial layout, as the largest group company in the United States.Even without mentioning his relationship with William White, it is impossible to turn a blind eye.

　The communication industry also occupies a very important proportion for White's investment.Don't talk about other things, just look at how many patents this guy has. Even if he disbands the laboratory now and sells his communication industry, relying on the income from these patents, he will still have quite a lot of income every year.

　What he didn't know was that William White was more like turning into a patent company, or a patent troll.Anyway, no matter what you do, and no matter how many gigabytes you have in the future, there is one point, you also need to pay for the most basic patents.

　"No, Dad, he invested so much in the research and development of 3G. It is logically impossible. As far as I know, they are currently studying the application of Starlink Project 3. The funds required for this are simply appalling."

　For his son's question, Mr. Bushu also expressed that he could not understand.As a politician, he is qualified, so as long as he uses political logic to judge, he will quickly come to a conclusion.

　That guy is definitely holding back his big move.As for what is shown now, it is more of a kind of retreat.

Chapter 410 The Future Is Dark

　A sneeze, William White sneezed.When he opened his eyes, he was surprised to find that his quilt seemed to have disappeared.Looking at the little beauty Jiaxin who was sleeping in Haitang, she seemed to have no other choice but to smile wryly.

　Shaking his head, he decided to take a hot bath for himself first.Anyway, no matter how expensive natural gas is, it has no real impact on him. At most, he will not look at the bill in the future, out of sight and out of mind.

　After the age of 40, the matter of sleeping until he wakes up naturally is far away from him.Or, this is a sign of becoming a greasy uncle soon.

　Due to the heavy workload of Thanksgiving, he worked overtime last night. It stands to reason that he should go back to sleep now, but this is the fourth Thursday in November. Today's night is the legendary It's Black Friday.

　Speaking of black, it is different from what many people think.Used here, it represents profit.

　Of course, the merchants did not deliberately promote any profits, but deliberately created a hemorrhage rush.In fact, what you buy is not as good as what you sell. What you get back desperately may be something you will never need.

　Just look at Double Eleven. What is exaggerated is not only the number of purchases, but also the number of returns.If you measure this percentage, you will find that many of them should not be quality problems.

　Yes, these people regret it, they bought it just because it was cheap.But, is it really much cheaper?

　Actually not necessarily!

　Compared with the consumers in the big rabbit country, the blind consumption of American emperors is even worse. Humans are social animals. When you find that everyone around you is rushing to buy, how can you be alone.

　"Filson, have you sent out the summons for those bastards?"

　"I have applied for a restraining order, but the information on the BBS can't be dealt with. It will inevitably cause a backlash if it is processed through technical means."

　"Damn it, call a meeting with the marketing department. All pricing must be revised in the shortest possible time. It is best to reverse the most reversed products. If there is less mystery, this Black Friday will definitely be pale.

　Bastard, don't let me find out who it is. "

　For anyone, it is not a pleasant thing for the promotional information to be maliciously exposed.

　Damn shopping guide, if you all follow the guide, this shit will be Red Friday.

　Filson was very speechless, this kind of thing happens every year, okay, you are so on the line, is this intentional to create tension?

　Fortunately, there is a backup plan, and it is also good that the world mall is not a physical store, otherwise, just changing the tag is enough to make you lose your head.

　Of course, only a few people in the company know that the killer feature this time is actually the interest-free cycle.

　White Bank has opened online payment, this time, it is not a third-party online payment platform like PayPal.

　In the United States, William White didn't think about a certain payment treasure. This is impossible, let alone one family, even if there are many families, it is impossible.

　There are two issues involved here. The first is monopoly. You don’t dare to choose between the two in the United States.The failure to achieve the goal is the next thing, and it is bad luck to be sued in court.

　Another issue is the credit card issue.This may not be obvious in other countries, but it is different in the United States. If you do not hold a few cards in your hand, it is simply unimaginable.

　What, if you take this opportunity to promote, you won't be afraid that it will all be a pile of bad debts.You know, the life of a shopaholic is usually a mess. If the overdue increases too much, your bank's life will not be easy.

　This is actually nothing to be afraid of. Sub-level real estate loans can be used to create financial derivatives, and there is nothing wrong with credit cards.In order to ensure the liquidity of banks, there are actually many similar operations. A large part of the various financial products in the United States come from this way.

　Although a lot of efforts have been made, William White is very clear that last year when the situation was good, it was enough to see. What kind of atmosphere is this now?

　When people's pockets are a little dry, they think of saving.

　As for how to save?

　Electronic products are undoubtedly the biggest hit, followed by clothing, shoes and hats of course.In a word, non-essential consumption requires caution.

　You don't have to buy a CD player, you can still use a Walkman.Or in a few years, everyone will use MP3.As for the crazy clothes, this is even more unnecessary, let alone the waste of the US emperors, they really seldom wear out their clothes before throwing them away, usually they only wear them two or three times and they are done.

　It's different now, the Nasdaq is in a mess, and the performance of the Dow Jones is also very decadent.In this way, not to mention the shrinkage of property, I don't know when I can get back the money I saved.

　In an Internet bubble, half of the Nasdaq companies fell.How many unemployed people this will create is chilling to think about.

　The funniest thing is that Nasdaq is only the ChiNext Board. Of course there are Internet companies here, but where do you go to find so many Internet listed companies?

　Normally, the elimination rate of Nasdaq is roughly 7%. That is to say, as long as you get in, regardless of whether it is good or bad, as long as you are not at the bottom, you probably won't die.

　But what is the concept of 50%?

　Think about it, if this matter were placed in other countries, would it directly collapse the economy.

　"Boss, the investment department is under a lot of pressure. The week is not over yet, and we have already failed 17 investments here." The failure that Felson is talking about here means complete loss of money.

　"The biggest headache is that the number of companies wanting to invest more has exploded, and if we say no..."

　Speaking of these investments, William White is also very painful.Of course he has a way to pick out the right companies. As for those who have never heard of them, let them fend for themselves.

　But, it's understandable that the success rate is higher. If you don't even have a failure case, then it's too unreal.

　There is another problem. Now Internet companies have long since changed beyond recognition. It is really difficult to simply distinguish between good and bad.

　"Let's analyze it. If they are not blindly burning money, they should be given a chance. The most important choice is how big the future market will be.

　If it is too niche, or impractical, you can only give up if you give up.I think, we have been so strong until now, many people have regarded me as a fool. "

　Felson's expression was brilliant, not to mention the others, he was also under a lot of pressure here.People are stupid and money is easy to cheat. This is the impression White Investment is giving to the outside world now.

　He himself is very clear that White's investment is not a big business disease. In fact, their think tank has given an opinion early on that we should stop the loss immediately while the current loss is still controllable.

Chapter 411 Interesting Japanese Dream

　Who is William White?

　A typical vampire, it is impossible for him to give up without squeezing out all the abilities of his subordinates.There is no such thing as overstaffing. For him, women are used as men, and men are used as livestock.If it weren't for being so mean, he would have had a lot of time to pick up girls.

　Desperate to make money, you come, enjoy the good things in life and leave it to me.You see, this is the so-called division of labor.

　"Uh, what's going on with this Livedoor? Is this intended to dilute our shares? If I remember correctly, this product just went public this year, and it's only been a few months..." William White of this company certainly had an impression, Horie Takafumi, this guy who looks a bit like a doraemon, has had a good time for a long time.

　The corner of Filson's mouth twitched a little. From his point of view, the company was actually doing pretty well.Due to the slow development of the Internet in Japan, Horie Takafumi, who was supported by American capital, created a miracle in a very short period of time.

　Unlike his Japanese predecessors, this guy's thinking is very westernized.

　Japanese society is essentially a society of human relations, or a society of gentry.If you look at Nissan, you will know that the profit chain formed by thousands of suppliers has successfully increased the cost by at least 5%.

　Don't the Japanese elite know it?

　Just kidding, after the collapse of the bubble economy, there are two most criticized ones, nepotism and lifetime employment.

　However, except for the few so-called international companies in Toyota Suomi, nothing has changed at all.Even these international companies have hired ghosts to complete these tasks. Anyway, in the Japanese subconscious, dismissing employees is treasonous. As for changing suppliers, it is even more unacceptable.

　It can be said that the rapid rise of Horie Takafumi is a different kind of miracle.In just a few years, his net worth is billions of dollars, and his jaw dropped in shock.

　"Boss, affected by the decline in the US stock market, the performance of the Nikkei index is also very decadent, which means there is nothing to fall, otherwise, there will be another storm.

　However, opportunities also come from economic downturns.Japan's TV media is relatively closed, and the strengths of several major private broadcasting networks are also similar. Therefore, compared with other countries and regions, the valuation of these TV stations is obviously low. "

　"Ha! This guy, I know, portal websites can no longer satisfy his appetite. The forms of MI Online and NBC Online are the ultimate goals he pursues."