580 Difficult South Korean economy, crisis and opportunities

Chatting with a strongman in the economic circle like Lee Kun-hee, I unconsciously talked about business and the economy, after all, the Asian financial crisis is not over yet, South Korea's economic crisis is at its peak, and the whole South Korea is almost bankrupt.

Samsung has survived, among all the large groups in South Korea, Samsung is currently the best, after all, it is supported by Li Feng's billions of dollars, unlike the rest of the large groups, which are now losing serious losses due to the previous blind expansion.

With the loan agreement between South Korea and the IMF (International Monetary Fund), South Korean companies have been slowly infiltrated by foreign capital, especially the US imperialist consortium, including Li Feng himself, such as South Korea's First Bank, which is now 'Century Standard Chartered Korea's First Bank', yes, acquired by Li Feng's Standard Chartered.

It is conceivable the seriousness of South Korea's economy today, in which Li Feng is naturally one of the beneficiaries, not only Samsung, but also the rest of the large groups have more or less foreign capital, especially the figure of the American consortium.

If several large groups in South Korea announce their behind-the-scenes shareholders at this time, they will find that those consortia in the United States will appear in them, and various capital consortia such as Goldman Sachs, Da Morgan, State Street, Vanguard, Fidelity, and Mellon have all used the borrowing to buy shares in a large company.

It can be said that half of South Korea's economy has actually been controlled by American conglomerates, and it is natural that South Korea, which was once glorious in Asia and has just entered the ranks of developed countries, has suddenly regressed a lot, which makes people sigh.

Whenever I talk about these, it also makes Li Kunxi, a capital strongman, sigh, and I also express my gratitude to Li Feng, after all, Li Feng's billions of dollars were not given away for nothing, so that Samsung successfully survived the difficulties, where is it like the rest of the Korean consortia today, they are all miserable and pay for the crazy expansion of the past.

Today's Samsung has completely survived the financial crisis, although the financial crisis is still continuing, but Samsung is no longer worried, with Li Feng's investment and the country's loan support, Samsung is basically at ease.

……

In South Korea, Li Feng is the best beneficiary of the financial crisis, and no one knows that Li Feng has quietly controlled the equity of Samsung, which is second only to the Li family, and the future value of this part of the equity is calculated in hundreds of billions of dollars.

What's more, Li Feng's investment company made a lot of money in the financial crisis, and its major companies have entered the Korean market, such as the bank has successfully controlled one.

"John, as you predicted before, Daewoo's future is worrying. At this time, Lee Kun-hee, the future economic emperor of South Korea, suddenly said.

"Oh... Isn't South Korea already in a loan agreement with the IMF or something, according to the character of your government and country, it should be fully relieved, after all, if Daewoo is really finished, it will be a major economic event for you. Li Feng pretended to be surprised and asked back.

"Hey, that's Kim Daewoo's own death, the presidential candidate he supported failed, and if he fails, he naturally needs to bear the consequences of failure, if he fails in normal times, he will be a little low-key at most, but now he is in a financial crisis, Daewoo itself is in debt, and he needs the help and support of the state, but unfortunately, the attitude of the new president towards Daewoo is worth considering. ”

"Oh, looking at my uncle's situation, I should support the new president, and sure enough, my uncle's vision is still so accurate!" Li Feng joked with a smile.

"Haha... , it's just luck. ”

“…”

……

In his previous life, when Li Feng heard that Daewoo was bankrupt, he searched the Internet for news about this aspect, after all, the Asian financial crisis and the Daewoo bankruptcy case were still very sensational in Asia around the new century.

It is said that Daewoo is insolvent, but in today's Li Feng's view, this is only a superficial phenomenon. Many of the large groups and enterprises in later generations did not have a debt ratio of more than 50%, and even many of those real estate companies had a debt ratio of more than 100%, but these companies did not live well.

Although Daewoo is said to be insolvent, but Daewoo's companies are not only the value of light assets, such as Daewoo Heavy Industries, Daewoo Motors, etc., these groups can be said to be the symbol of Korean industry, and it can only be said that the special events encountered at a special moment made Daewoo completely collapse.

In Li Feng's mind, at this time, today's Daewoo Group is estimated to have become a piece of fat for many domestic and foreign consortia, who let it die and meet the president who doesn't like it at the moment of the financial crisis, this is definitely worse, and if you don't die, you have to die.

In the face of the current economic situation in South Korea, Lee Kun-hee, the South Korean economic tycoon, has to admit this reality, clearly knowing that although these big conglomerates in South Korea are not bad now, they have been infiltrated and even controlled by large conglomerates in Europe and the United States.

Thinking of this, I can't help but think that the young man in front of me has already infiltrated Samsung, even the shareholder second only to his own family, fortunately, his own daughter has the ability to tie herself to bed with others, which is the best ally, it is much better than those other consortia who join in to fight for power and profit.

"John, we can be regarded as a real family in the future, and we need to cooperate more. ”

"Haha... Uncle, I have said before that we are natural and best allies. Li Feng responded with a laugh.

"Dad, don't worry, John's business in South Korea is managed by me, and I believe that Samsung and John's Century Group, the two groups will usher in a bright future in the future. At this time, Li Fuzhen had just finished chatting with his mother, turned his head to his old father, and replied confidently.

"Hehe... , that's naturally the best. ”

“…”

……

The next thing is naturally a happy scene, after chatting about business, the next thing is to talk about homely, whether it is rich or poor, in fact, when it comes to talking about homeliness, the scene is basically the same, maybe there will be more possibilities for secret fighting.

Although I didn't seem to say anything today, I talked about some of my own company's situation, the situation in the Korean financial crisis, and the general trend of the world economy, etc., but when it comes to Daewoo, it is actually a secret agreement, and when the two sides wait until Daewoo really goes bankrupt, it may be the time when the two parties sell it together to compete for fat.

In this regard, in fact, Li Feng is still full of expectations, and when his automobile industry group gets Daewoo Automobile in his hands, his automobile group may leap into one of the forefront of the world's automobile industry.

.。 m.