Chapter 1061: Rising Huaxia
In April 2007, New Century Financial Institution declared bankruptcy.
In August, the country's 10th largest investment company providing home mortgage loans went bankrupt.
This year, Fannie Mae and Freddie Mac, two major mortgage companies, have been in trouble, and Wall Street's fifth-largest investment bank has also closed two hedge funds, reporting losses for the first time in 83 years.
In March, Modern Bank acquired Bear Stearns.
Li Feiteng knew that the next to go bankrupt was Lehman Brothers Holdings, the fourth largest investment bank in the magnesium country, and the banks and financial institutions continued to file for bankruptcy, and the United States in the previous life used $700 billion to save the financial market.
And in 2008 in this world, because of the Internet bubble, 411, the Grim Reaper virus, the island country war, and the island country financial crisis, which have accumulated for a long time, almost from such a powerful country as the United States, the collapse of a world financial center, and a global financial crisis will also come soon.
However, before the financial crisis broke out, the island bank and technology companies had declared bankruptcy one after another.
On June 4, 2008, Panasonic Electronics declared bankruptcy, and the Bank of Japan took over with $8.9 billion.
On the 5th, Toshiba Electronics declared bankruptcy, and the Bank of Japan took over for $5.6 billion.
On the 6th, Sony Electronics declared bankruptcy! Magnesium International took over with $20 billion.
On the 12th, the island bank acquired Mitsubishi Bank for $36 billion.
Each country has its own capital reserves, but it will not easily use it to enter the financial market until the critical time.
However, after the horrific crisis of the island nation, banks and technology companies could not resist it, and they had to file for bankruptcy. And the island countries can only come up with reserve funds to take over.
Just one month in June. The island nation spent $120 billion to take over nearly 30 local companies.
At the time of last year. The island country still had $800 billion in foreign exchange reserves in June, but by June this year, only $420 billion had been left in foreign exchange reserves, nearly half of which was the direct loss caused by Li Feiteng's war.
But that's just the beginning.
In June, there were 23,000 bankrupt companies in the world, and the total market value of the magnesium country stock market directly evaporated by 300 billion US dollars, of which bankrupt companies included island countries, Singapore, Taiwo, the mainland, the United Kingdom, Han China, Germany, Hungry Rose, France and other more than a dozen countries. In every country, listed companies have declared bankruptcy.
In China, more than a dozen listed companies such as Noah Fortune, Security Technology, Renren, and Meixin Semiconductor went bankrupt, with a total value of more than $6 billion, and these companies are nothing more than a high proportion of foreign holdings, because of the bankruptcy of the directors and shareholders of the United States, coupled with the loss of their own market turnover, which directly led to bankruptcy.
Compared with the United States and the island countries, there are still a few bankrupt companies in Huaxia, at least in the rapid investment of Huaxia Bank to save the market, it is not as miserable as that of the United States and the island countries.
But the financial crisis has been felt by everyone around the world, because no stock is up. It's all falling, and so are house prices. Including the price of gold, which is also plummeting.
Quite simply, the capital chains of the world's major financial institutions are broken, and many financial institutions are selling off their gold reserves, and too much gold is being sold, causing the price of gold to plummet.
In the financial turmoil, Li Feiteng's Internet company has shrunk seriously, for example, the value of the portal and the value of Feiteng Electronics Group, but most of his funds are no longer in the network company, but in the industrial real estate, and the telecom group.
Overall, his current shrinking total assets of $46 billion are real assets, and even if there is a financial crisis, it will not affect much, unlike another richest man in the world, Microsoft's Bill Gates.
He is very uncomfortable, the island has 10 million Microsoft system users, and these systems have all been damaged by the virus, Microsoft has completely lost the market of the entire island country, no one dares to use Microsoft's system anymore, and from the perspective of the crisis of the island country, software companies in all aspects of the world, such as Apple, Google, Li Feiteng's two companies, are currently rapidly seizing the user market that Microsoft has lost.
Apple launched a new generation of propaganda directly called "Defense Grim Reaper IOS system", combined with a desktop called MacRPD, Chinese is "Apple personal salvation computer", claimed to be the only computer in the world that can resist the Grim Reaper 4 virus, began to come out quickly, and began to be put into large-scale production.
This computer, naturally, is not really able to check the Death God 4, but only to ensure that no suspicious virus files are allowed, such as the Death 4 virus does not enter the computer, and the security protection on the network is also not to provide external software.
To put it simply, it is a computer that can directly stifle the spread of the virus from the transmission route, not that there are no loopholes and can resist death.
Apple has invested a lot of money in publicity, and people around the world who are panicking, including businesses, are considering using Apple computers as office supplies, and Li Feiteng himself has conducted a negotiation with the island nation.
In this negotiation, Li Feiteng looked at the island people in the conference room, looked at the executives of the island country's bank, and said: "We, Apple, provide the island country with Apple security computers at cost price, as well as the security servers developed by Feiteng Electronics, in this way to pay off the $16 billion I owe." ”
"It can't be!"
"We're not going to agree. ”
Li Feiteng smiled, he said: "You have to think clearly, now the Microsoft system is full of loopholes, your country is full of Death No. 4 virus, and the new computers produced by your country's computer companies continue to use the Microsoft system, I am afraid that they are still facing the danger of poisoning, only our Apple computers will not, because we specially invented and produced a computer to prevent the spread of the Reaper No. 4 for this purpose." ”
He continued: "No company can crack this virus at present, including our Apple and Google, I can imagine how many computers will be destroyed by Death 4 in the future, and the world will never be able to kill Death 4, only with new computers, new systems, and control in the transmission route." ”
Li Feiteng has been talking about these things in the negotiations, but his "good intentions" do not seem to be affirmed by the people of the island country.
The reason is too simple, once Apple's safe redemption computer is used, basically all software applications are developed by Apple and Google, which is simply a complete control of the Internet, monopolizing the Internet, compared to Microsoft's monopoly, it is even more outrageous!
The island countries disagreed, Li Feiteng could only give up, under the pressure of many aspects, he could only pay off the loan, after all, the current island people are too short of money, they are not only asking Li Feiteng for money, including asking the magnesium people to ask for money, now all countries in the world are short of money, they don't want too much national reserves, because national reserves are the foundation, once the foundation is shaken, it is the regression of the entire economy.
The financial crisis is not necessarily a bad thing for magnesium countries, but for island countries, the financial crisis is a big bad thing.
The magnesium country cannot go bankrupt, because countless countries are running behind the magnesium country, but once the island country goes bankrupt, it is really an economic regression.
The impact of the bankruptcy of the island countries on Hanguo, Taiwo, mainland China, and Singapore is also very large, and the biggest impact is on Hanguo, Taiwo, and Singapore.
Seventy percent of the technology companies in Hong Kong have gone bankrupt, and the impact of a large number of Hong Kong company closures is very big for the processing factories in the coastal areas of China, and it is a desolation in the south.
It's the same with Taiwo, there are too many unemployed people, and the once prosperous high-tech park has become a ghost park.
In the context of the global financial crisis, China's inland has become a safe haven in Asia.
Almost in the time from May to July, in just three months, there are 80,000 high-tech talents poured into the inland cities of enterprises to work, Guangzhou, Shenchuan, Shanghi, the Yangtze River and the Pearl River Delta region of high-tech enterprises, under the support of Li Feiteng, the giant of science and technology, one by one the flowers of science and technology bloomed.
The financial crisis is just a wealth reshuffle, the rich are still rich, the poor are just poorer, but some of the rich people's money has run into the trouser pockets of the richer.
Everything is actually running in the direction that Li Feiteng wants, the magnesium country is in crisis, with the help of the European magnesium country, and the island country is in crisis, it is the rise of China.
In Asia, island countries have always been the frontrunners, and have always been scientific and technological powers, and their products are not only dumped to neighboring countries in Asia, but also rushed out of the world.
Now the situation is completely different, Li Feiteng's Apple and Google began to focus on investing in the Chinese market, the Internet and technology, representing the future of the industrial chain, has been focused on Huaxia.
"Chairman, Apple Redemption Computer has received orders for 16 million units in Asia, and Feiteng Electronics Group expects to complete the order in one quarter. ”
"Good, good. ”
The 16 million orders are worth $5 billion, and these orders are definitely a lifesaver for the 2 million workers in the south who are currently unemployed in China.
The problem of unemployment is urgent, and there are millions of people in every country who are at the bottom of the society because of the financial crisis, and the social problems brought about by their unemployment are very great.
$5 billion is 42 billion yuan, and these orders are enough to feed more than 100,000 people for several months.
Now Li Feiteng is constantly taking advantage of the collapse of factories in island countries and the collapse of the technology industry chain, and began to vigorously expand the territory of Apple, and then poured into the mainland of China. (To be continued......)