Chapter 586 Mining Tycoon

Assets reach a certain level, and all that is left for you is to be entangled. This is not hypocritical, look at the actual purchasing power of the American knife, it has been declining for more than ten years.

In the fifties and sixties, you dared to say that you were the richest man in the world with two billion dollars in your hand. How many years have passed, if you want to become the richest man, tens of billions is just the starting price!

If the richest man in the 60s had lived to the present, this product might have gone bankrupt. The price of oil has dropped from 30 to 10 yuan, and this 10 dollars is 90 years old, and if you compare it with the 60s, it is at most two dollars.

Oil is unreliable, gold is unreliable, and silver is even more unreliable. So the question is, where do you go to keep these investments now?

If you want to solve this problem completely, let alone say that it is as difficult as the sky, in his lifetime, it is absolutely impossible to solve this problem.

The right to issue currency and the power to set money is in the hands of others, and no matter how hard you try, it will be in vain.

Since there is no good way to deal with it, we cannot create a monetary institution to replace it. Then, attacking everywhere becomes the only option.

In the eyes of the consortium, William White's rapid expansion was disorderly, all of a sudden real estate, all of a sudden of oil, and all of a sudden he became a mining giant. They don't understand what your main business is.

Coupled with the semiconductor and entertainment industries, they were stunned to find that before they knew it, White Capital had infiltrated into many industries.

Although it seems that a hammer in the east and a mallet in the west are out of order. His investment has a characteristic, that is, food, clothing, housing and transportation. All industries are aiming for this ultimate goal.

Admittedly, the pricing power is not in his hands. However, the consortium still could not influence him.

Perhaps, you can concentrate on defeating one industry, but as long as there is no problem with his other industries, people don't care.

Just like oil now, William White didn't care about these losses at all.

Tsk, if his industry is completely defeated?

Well, it's good to think about it, if there are all problems with food, clothing, housing and transportation in the United States, their end will be very sad. What the mustache can't do, it's not necessarily that the US imperialists can't do. How many other Indians have you seen on this continent?

Well, maybe I'll take it out on Thanksgiving.

For what they did, the US imperialists did not feel that there was anything wrong with it. For a long time, this was their leitmotif.

When I was younger, I didn't understand much, and I always thought about it when I watched Westerns. Why are these Indians so bad?

Hehe, referring to the deer as a horse to this extent. The level of the United States is higher than that of Zhao Gao.

"Boss, Mr. Pite Carris has just informed us that the two companies in Tuao can sign a contract. Ask us if we need a leveraged buyout. ”

"I don't need leverage, I need a credit of about $2.5 billion, and if the terms they offer are acceptable, I will be more than happy to accept them. ”

"Hehe, they'll accept it, and in the eyes of those directors, that's a sign of reconciliation. ”

"Alas, to put it bluntly, I can't fight them, I just compromise with each other. ”

Billions of dollars are not a small amount of money for Da Mo. In fact, they don't have that much cash either. Of course, investment banks have investment banking methods, and William White's credit is strong, and this kind of credit is more like back-to-back turnover.

Playing acquisition on Wall Street, you have three or five billion in cash, and you can buy three or five billion enterprises. Of course, if you already have three or five billion, this acquisition is even simpler.

William White is rich, but he doesn't reduce his liquidity. The successful completion of the acquisition this time is also due to the obvious decline in the profits of iron and steel enterprises.

In the early fifties, the profit margins of steel enterprises once reached a terrifying 60%. At that time, the European revival plan really made them a lot of money.

Well, now the Iron Man review margin is around 10%. As for the steel companies in the United States, they are actually losing money. This figure, which is close to 10%, was created by foot basins and steel mills in Europe.

Iron and steel enterprises are in recession, who do you sell iron ore to?

There is not much shortage of big rabbits nowadays. Another serious problem is that the mining company has not completed the integration, and you just want to pit the rabbit, and there is no good opportunity.

It belongs to the golden age of iron ore enterprises, which was after 08 years. Anyway, it's what the big rabbit sells, and when it rises, it will rise more than ten or twenty times.

Think about it, the waste ore that is piled up on the side now will be very valuable in the future. It is also funny to say that there is no shortage of iron ore or good coking coal in Tuao, but there is no decent steel mill.

Speaking of it, it is also a happy trouble, there are several steel-making enterprises in Turkey and Macao in Victoria in the future. People feel that 65% of the taste of iron ore is not interesting, and directly use scrap steel to make steel. It's called environmental protection.

Someone said, you should build another steel factory. Anyway, it doesn't have much money.

If this really doesn't work, there will be no decent inland transportation in Tuao. It takes 6,500 nautical miles to transport coking coal to Victoria by sea. If you have this skill, you might as well transport it to the footbasin. The distance in the middle is basically negligible in sea transportation.

Tuao workers are not as good at fooling as footbasin people, and they strike if they don't agree. Nima, you don't even know what they're trying to do. None of the descendants of this group of exiles wanted to work.

"Isn't it, boss, fully automatic loading and unloading equipment? ”

"Expensive, hehe, the bulk terminal needs to be repaired with a new one, don't pay attention to the previous one. That way, the guild has no excuse to make trouble. ”

"Boss, I'm afraid there is not so much demand, and the current throughput is only less than half of the design standard. ”

"Filson, from now on, you have to get used to looking at problems from the perspective of development, and besides, I'm not in a hurry about this dock. ”

"Boss, how long is the approximate construction period?"

"Let's design first, if you can't get the design drawings, how do I know if it's going to be reclaimed? Is there a tidal flat? In short, this construction period is at least three years. ”

"Okay, so I understand that if it involves reclamation or dredging waterways, the environmentalists are going to jump again. ”

"Well, I'm not reclaiming the Great Barrier Reef, these bastards, I don't know what to think about. If you go back to the primitive society, it will be really environmentally friendly. It's just that five billion people eat barbecue together, and I don't know if there is so much wood. ”

For the boss's complaints, Filson didn't pay much attention to it. He wondered if the new bulk terminal would jump if the project was established.

William White didn't know that there were often accidents at the docks in Tuao. If you are not satisfied, you will immediately choose to pick one.

In such a magical country, don't expect a new batch of workers.

Tuao is a place where the brain body is severely upside down. White-collar workers in office buildings are definitely not able to do truck drivers. The operators of these large machinery in the mine are all like uncles, and money is not a necessary condition.

Do you know how much it costs to change a lamp in Tuao?

At least 100 Australian dollars, which is roughly five or six hundred.

Then you said it, I'll change it myself.

The answer is no.

Of course, fuses and lamps, if no one knows, you will change them. Just one thing, don't have an accident, otherwise the insurance company won't pay.