"It's been almost three months since the onset of the economic crisis. Now the dollar has depreciated more or less the same. Xiao Jun looked at the exchange rate.

The exchange rate between the US dollar and the soft sister coin is now around 3.35.

The previous exchange rate was 6.7 exchange rate.

That is to say, in the past, one dollar was equal to 6.7 soft sister coins, but now one dollar can only be exchanged for 3.35 soft sister coins.

In other words, the dollar has depreciated and the soft sister currency has appreciated.

After the appreciation of the soft sister coin, the Chinese people have become unprecedentedly rich. The soft girl coins in their hands can be exchanged for more dollars. As a result of this situation, the assets of US imperialism suddenly became much cheaper in the eyes of the Chinese. What used to be unaffordable for the Chinese seems to be readily available now.

So there's been a shopping boom lately!

This is something that will happen every time there is an economic crisis, in those countries where the economic crisis is less affected.

Of course, after the lessons of the previous economic crises, many companies in China will not blindly acquire companies in Europe and the United States. After all, if it is not in the field that you are good at, you will acquire indiscriminately, and when the business fails, you still have to pay it back!

It's not the time when everyone is stupid.

For example, in the economic crisis of the 80s, the people of the island country learned a serious lesson!

After the economic crisis, the yen increased sharply, and the islanders with a large number of dollars in their hands began to buy on a large scale in the US imperialists. The American imperialists are happy to buy some goods from ordinary consumers in places like Hawaii, but what makes the American imperialists uneasy is the large number of acquisitions of American imperialist corporate assets by the islanders. These islanders, wielding checkbooks, seem to be dismissive of prices. It seems that they can buy the whole of American imperialism!

In this seemingly crazy process, there are a lot of jaw-dropping and unbelievable things. A U.S. imperialist building was intended to be sold to islanders. The U.S. imperialists offered more than 400 million yuan, and the two sides negotiated and waited for the islanders to pay for the delivery. The islanders suddenly brought a new contract book, and the price written on it was 610 million. The American imperialists are inexplicable. The islanders explained that their boss had seen in the Guinness Book of World Records the first day that the highest price ever sold for a single building was $600 million. They want to break that record.

By 1989, the islanders' purchases of U.S. imperialist assets had reached their peak. In June of that year, Sony announced that it had successfully purchased Columbia Pictures, a giant of the American entertainment industry and one of the symbols of American imperialist culture, for $3.4 billion. The move is part of Sony's strategic move to shift from manufacturing to entertainment. Previously, Mitsubishi had already purchased the more important national symbol of American imperialism - the Rockefeller Center for $1.4 billion. This great building, which represents the heyday of American imperialism, now belongs to the islanders.

In Los Angeles, islanders own almost half of the real estate in the downtown area, and in Hawaii, more than 96 percent of foreign investment comes from the island nation, and it is mainly in real estate such as hotels and high-end residences. From 1985 to 1990, PICs carried out a total of 21 mega overseas mergers and acquisitions of more than 50 billion yen, of which 18 were for U.S. imperialists. By the end of the 80s, 10% of the real estate of the United States was in the pockets of the islanders.

But even if that were the case, so what?

However, it didn't take long for the islanders to feel that things might not be so simple. Soon after Mitsubishi bought the Rockefeller Center, it was unable to bear huge losses due to poor management, and had to sell it again to the original owner at half price. Sony's purchase of Columbia Pictures later proved to be the island's most loss-making merger. While Sony eventually realized its strategy of transforming into an entertainment company, it took much more cost and time. Imprudent purchases did not accelerate but delayed the realization of Sony's strategy.

M&A is not omnipotent, M&A is regular, not that you can buy anything with money, only M&A that thinks twice is correct and meaningful!

Even if you buy it, you have to buy it that works for you!

For example, if you open a steel company, you can take advantage of the economic crisis to buy some core technologies of a large steel company at a low price.

As the saying goes, only if you understand this industry, you can boldly do this industry, if you are just a layman, you blindly spend money to acquire and operate, often in the end most of the failure loss, the previous efforts are lost.

Therefore, many Chinese companies, including Huaxia, have not acquired many companies in Europe and the United States on a large scale.

Just acquire some industries that are useful to you and in the field you are good at!

For example, if you buy a real estate company from a steel company, will you run it? If you don't manage it properly, you may lose all your capital.

"Mr. Xiao, I have been in contact with JFE Steel Company in the island country and Nucor Steel Group in the United States Imperialism, but neither of them has any intention of selling the company or shares or financing. Su Ci came in and reported to Xiao Jun.

The steel industry is one of the pillar industries of a country, and it is impossible to be acquired casually! Even if there is an economic crisis. Xiao Jun said lightly.

This already involves a core industrial chain, even if it is dead, it must be sustained.

"There are also the world's top ten new material companies, all of which do not agree to mergers and acquisitions, one of the US imperialists is willing to raise funds, and two of the island countries and one of Germany. As for those small and medium-sized material companies, there are a few that are willing to merge and acquire. Su Ci continued.

"You can consider investing in two for financing. The US imperialists are one family, and the island countries are one family. Don't blindly merge and acquire. Xiao Jun said lightly.

"Yes. ”

"By the way, the large agricultural companies on the side of the US imperialism can harvest one, or choose to finance one or two. Grain has always been imported in large quantities every year in China. This is an area to try to invest in. Xiao Jun commanded.

"Okay, I remember. ”

To be honest, the steel industry has not been acquired, and Xiao Jun does not care very much. In the future, he will definitely enter the steel industry. When the time comes, let's take the technology out of the group of scholars.

The production equipment can only be manufactured slowly before it can be officially put into production in the steel industry!

The steel industry, as a traditional industry, is certainly a long-lasting industry.

After all, most industries need steel, alloys and other materials, just like rice, which are indispensable.

After being busy with these things, it's finally almost the New Year.

And Xiao Jun's own wedding is still a week away.

This time, the wedding was held at a famous tourist attraction in China - Sanya Beach.

At that time, it is estimated that many friends from all walks of life will come to participate.

Needless to say, Xiao Jun's relatives, friends and classmates are only a small part of them. Most of them are his business partners. Second, Lin Xiaotong is a star diva, and it is estimated that hundreds of stars will come to participate at that time.