Silicon Valley
Chapter 660: It’s time to
On March 16, 2008, in order to prevent a catastrophic plunge in the financial market, Bear Stearns, one of the five Wall Street giants, sold itself to Williams Bank of America, the total purchase price is 30 billion US dollars!
Regarding this merger and acquisition case, many media described it as a marriage at gunpoint, which means Bear Stearns had no choice but to commit himself to Williams Bank of America because of the shortage of funds. Because Bear Stearns is inextricably linked with other financial institutions, once it goes bankrupt, it will cause an unpredictable blow to the entire financial system.
Williams Bank of America naturally picked up a big deal. At present, only Williams Bank of America is the most powerful to buy Bear Stearns' bank.
The outbreak of the subprime mortgage crisis led to a global economic downturn. Originally, the Mars Alliance planned to manufacture 25 Mars ships in 2007, but halfway through, they had to stop. The bursting of the real estate bubble in the United States also led to a decline in global real estate. The market was sluggish, and the assets of many real estate companies shrank sharply. At this time, many banks have suffered huge losses because of participating in the investment in subprime mortgage bonds. It is already difficult for the mud bodhisattva to cross the river, so how dare they lend to enterprises?
The bank's doing nothing has led to the bankruptcy of many companies, such as real estate companies, foreign trade companies, financial institutions, and so on. Right now, the economy is very sluggish, the demand for oil has dropped sharply, and the oil powers in the Middle East have been greatly affected. The World Island project in Dubai has been suspended because the developer has run out of money.
The Dubai World Island project has become the largest unfinished building of this century.
With the strong financial support of the Williams empire, Digo World Island is still developing rapidly.
From now on, there may only be one World Island on Earth!
Compared with the countries that joined the Weiyuan system, the current situation of those African countries that stand on the side of the United States is not optimistic.
Henry felt that the time had come to win over African countries.
On April 1, Henry sent invitations to all African countries to gather in Digo to discuss solutions to the African financial crisis.
With the status and influence of the Williams Empire today, coupled with its strong financial and national strength, leaders of African countries have agreed and are eager to get financial assistance from the Williams Empire!
On April 4, the leaders of 53 countries and 6 regions in Africa were all present.
On April 5, Henry hosted a meeting of African leaders at the Williams Empire State Building.
First of all, welcome to the Williams Empire! At present, the financial crisis in the United States has spread to the whole world, and Africa is hardly immune. I know that many countries present have suffered heavy losses in this financial crisis. For example, several countries in North Africa, Egypt, Libya, Sudan, TNS, etc. However, some countries have only been slightly affected by this crisis, such as Mozambique, TSNY, Zimbabwe and other countries. In fact, if you pay attention carefully, it is not difficult to find that those Countries less affected by the financial crisis are countries that have joined the 'Wei Yuan' system.
When Henry said this, he deliberately paused, his eyes scanning the crowd calmly.
The leaders of some countries in the audience looked at each other in blank dismay, or whispered in low voices. To be the leader of the country, is it an ordinary person? What does Henry mean by saying this, do you still not understand? Henry has always hoped that more countries will join the Wei Yuan system. However, some countries have turned to the embrace of the United States and are willing to be the pawns of the United States to curb the development of the Williams Empire...
Henry let everyone discuss for a minute or two, and then said: Presumably everyone understands the current financial situation of the United States and the European Union. They are in danger, and I am afraid they will not think of you at all! If you expect the United States and the European Union to provide money to help you get through Difficulties, then I can only say that this is absolutely whimsical!! Henry's tone was determined and tinged with disdain, he paused for a while, and then continued, According to the estimates of Williams Royal Investment Company, this financial Before the crisis reaches its peak, American investment companies, securities companies, and banks will all face the threat of bankruptcy, and the financial crisis will worsen! Africa will also continue to be affected by the financial crisis, and the shortest time will last until the end of next year!
As soon as Henry finished speaking, everyone was in an uproar.
Impossible, this financial crisis started in 2007, it is impossible to continue until 2009 and it is not over yet!!!
The United States, Asia and European countries are bailing out the market. The subprime mortgage crisis has eased for a while, and the New York stock market has also shown signs of stabilization!
Yes, in my opinion, the subprime mortgage crisis will be over soon!
Some people shook their heads and discussed, obviously not agreeing with Henry's point of view.
Henry has always had a unique vision in the financial market, and his reputation as a genius is not in vain. Some people still believe his words.
At this time, Henry raised his hand to signal everyone not to discuss, and said with a chuckle: Haha... I know, some people may think that I am alarmist. Of course, I also hope that I am alarmist. After all, which country does the financial crisis affect? Neither is good, but what if what I say turns out to be true? Can countries withstand 3 years of financial crisis? Will the United States and European countries spare a hand to help you? I don't think I need to say , everyone knows it well!
After a pause, Henry said straight to the point: I'm here to tell you straight, now, only the Williams Empire can help you. For any country that is willing to join the 'Wei Yuan' system, the Williams Empire can provide a A huge loan to help countries survive the financial crisis, and at the same time strengthen the trade exchanges between the countries of the Weiyuan system, revitalize the economy, and reduce dependence on exports from the United States, Europe, and Asia! You can rely on Williams Empire!!!
When Henry said the last sentence, he deliberately yelled out, and the voice even echoed in the hall, which was very deafening!
Many national leaders were shocked, and couldn't help repeating what Henry had just said in their hearts.
Seeing this, Henry knew that some people were moved, so he said: We will hold another meeting here in a week. I hope that all countries can give me an affirmative answer! Okay, today's meeting, everyone has nothing to say , let’s stop here!”
After finishing speaking, Henry looked at everyone and saw that no one wanted to speak, so he stood up first and announced the end of the meeting!
(to be continued ~^~)
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