Chapter 504 Surrender

With Li Zetian's identity and wealth, capital flight is a very serious matter.

No, this immediately triggered an economic crisis in the United States and caused the stock market to plummet!

Of course, the U.S. government does not want Li Zetian's funds to flow abroad, but there is no way. Li Zetian has not broken any laws. The United States cannot freeze his funds casually. Furthermore, most of his funds exist in the form of funds in overseas offshore company accounts. , rather than personal bank account funds, so even the US government does not know how much money Li Zetian has!

None of these are the most critical. The key is that everyone in the world is always paying attention to Li Zetian. If the US government dares to freeze his funds for no reason, it will definitely cause an uproar.

People would think that the US government would dare to rob Chronos Li's wealth, let alone us? If we make money, will we be like Chronos Li, fattened and then killed?

As long as people think like this, people will no longer dare to go to the United States to invest and do business. The United States cannot afford such a result!

U.S. President Omar naturally knew this, so he did not dare to freeze Li Zetian's bank account easily.

At this time, the U.S. economic crisis broke out and the situation was serious. Omar suddenly realized that he had made a big mistake!

"It's all my fault that my methods were too tough. I thought that by splitting up his company, I would be able to hit Chronos Li. But I never thought that even if I didn't hit him, he wouldn't tell me. Instead, it made me angry! Everyone thought I was the one who broke Chronos Li. Li forced him to leave, which led to another outbreak of the U.S. economic crisis..." Omar's face was so gloomy that he could almost shed tears.

He paced back and forth in the President's Office of the White House, thinking about countermeasures, and couldn't help feeling a little regretful. If he had known this, he should not have ordered the split of his company in the first place, which would intensify the conflict and make things get out of hand. The U.S. government can fully support other Internet companies and then suppress his company. Although it is slower, it is still a good way.

"Your Excellency, the stock market is plummeting, stock investors are panicking, and more and more citizens are joining the demonstrations. What should we do?" a White House official asked anxiously.

President Omar responded with silence.

Surrender to Chronos Li? Stop the antitrust investigation into his business? Ask him to return to the United States to invest?

So where is the face of the US government? Where is the majesty of my own president?

"The U.S. government will invest in bailing out the market, but first stabilize the stock market!" After thinking about it, President Omar said.

If the stock market is allowed to continue falling, the U.S. economy will collapse.

"Yes!" a White House official responded, and then turned around and issued the order, but his eyes showed concern. Simply providing money to bail out the market would not solve the fundamental problem. There are too many companies under Chronos·Li's name, and one move affects the whole body and has a huge impact.

…

In the following days, the Federal Reserve injected more than US$300 billion. Unfortunately, US$300 billion was only a drop in the bucket and still could not suppress the plummeting stock market!

In just a few days, more than a dozen banks in the United States went bankrupt and 104 companies and factories closed down.

The United States has just experienced the subprime mortgage crisis, and this incident will undoubtedly make it worse.

President Omar was worried. At this moment, another piece of bad news came out.

"Your Excellency, what's bad, Chronos Li has shut down 85 American factories under his name and instead opened factories in China, India, Vietnam and other places! Hundreds of thousands of American workers are about to be laid off!"

When U.S. President Omar heard this, he immediately exploded and cursed angrily: "This is unreasonable!!! How can he do this?!"

"Chronos Li said that due to the economic crisis in the United States, in order to reduce corporate costs, he decided to build factories elsewhere. He said that the wages of American workers were too high and the costs were too high... Not long after Chronos Li announced the decision, there were Companies say they will also close factories and choose to open new factories in China, India, Vietnam and other places where workers and land are cheaper!"

The more President Omar listened, the more livid his face became.

"Your Excellency, in addition to this, Li Zetian also plans to carry out a large-scale corporate layoff plan to save the company's expenses..." Seeing President Omar's expression extremely ugly, the employee couldn't help but said cautiously, "In the next period of time , a lot of people in the United States will be unemployed..."

"F-U-C-K!!!" U.S. President Omar was extremely angry. During the subprime mortgage crisis, Li Zetian's company did not see large-scale layoffs, but now it is about to lay off employees. This is clearly threatening and provoking the U.S. government!

Yes, this is a threat! ! !

However, this is only one aspect. President Omar did not know that Li Zetian took this opportunity to make a major change in the company and kicked out people with poor abilities.

As the company grows larger, the problem of overstaffing will become more serious. How to "retain talents, eliminate redundant staff, and stabilize the team" is the goal of the company's human resources management! In the past, large-scale layoff plans had a considerable negative impact on enterprises, but if there is a financial crisis, there will be an excuse.

In addition, Li Zetian has access to the five major headhunting companies and the world's largest recruitment network, making it easy to find more suitable talents!

At this time, the White House suddenly became silent, and everyone's eyes were fixed on President Omar, waiting for his decision.

Omar clenched his hands and trembled, feeling extremely aggrieved and furious.

The dignified President of the United States can't do anything to a businessman? ! !

"Your Excellency, please make a decision quickly. If you hesitate any longer, I'm afraid the people will panic even more!"

"The subprime mortgage crisis mainly involves the real estate, banking, and insurance industries, but the current economic crisis not only involves financial institutions, but also affects the Internet and even the manufacturing industry. There are an unusually large number of laid-off workers, there are too many unemployed people, and the market's consumption power has plummeted. If it drops, corporate revenue will drop sharply, and the company will lose money and go bankrupt. This series of chain reactions is like a domino, seriously threatening the U.S. economy!!!"

"I'm afraid it won't be long before the United States will repeat the Great Depression of 1929!"

"Your Excellency, this is definitely not alarmist!"

"..."

White House officials said in serious tones.

President Omar gritted his teeth and said: "Stop the corporate antitrust investigation against Chronos Li immediately!"

"Yes!!!" When everyone heard this, there was a hint of joy on their faces.

Immediately, the White House held a press conference, announcing the withdrawal of the antitrust investigation against Li Zetian's company, and called on Li Zetian to develop well in the United States, and the government would provide policy support!

As soon as the news came out, it immediately caused a sensation around the world and caused heated discussions among netizens.

"Oh my God, the U.S. government is too cowardly to give in now?"

"Haha, after all, he is also a bully and afraid of the strong!"

"..."

Li Zetian, who was far away in Hangzhou, China, saw the White House press conference for the first time. He curled his lips and sneered, "Haha, do you think the matter will be settled so easily? You are kidding! Since the US government forced me to leave, I will not be so easy. Go back! It's no use even if you come to invite me back with eight sedans! If I don't give it a good try, don't you think I, Li Zetian, is easy to bully!!!"

PS: More updates will start tomorrow