Chapter 208
Colombia.
Bogota.
After the Camel and the Emirate of Abu Dhabi announced the addition of the Colombian peso as a settlement currency, Luis opened the system and tried to recharge the system with the new peso, but the recharge failed.
“What’s wrong with the system? Why can’t I charge?”
“To the host, if you want to become the system currency, you must become the world’s mainstream currency and the foreign exchange reserve currency of dozens of countries.”
Louis:”……”
My goodness, after all this time, it still doesn’t work. The new peso must be made into a reserve currency for all countries.
It is not an easy thing to become a reserve currency for all countries.
Unless the UAE and Saudi Camel announce that oil settlements will only be settled in the new peso, but even so, it can only be improved a little. After all, it is not only Saudi Camel and the UAE that sell oil.
If the Americans can be shameless and give up their face to make peace with Persia and Soviet bears, they can still extract oil and natural gas from these places.
Besides, there are not only a few countries in the world that produce oil, but the oil reserves in the Middle East are relatively large.
“It seems that we have to develop high-tech electronic products.”
Louis squinted his eyes and thought.
The reason why the US dollar can become a global currency and a reserve foreign exchange for various countries, in addition to the relationship with the petrodollar, is that after World War II, the United States exported industrial products and technology, biomedicine, arms and other industrial products.
These industrial products are popular all over the world.
At the same time, the United States is also the world’s technological highland.
Other countries in the world can buy advanced industrial products and technological products, advanced military weapons from the United States through the US dollar.
After World War II, European countries were crippled.
A large amount of funds were needed for reconstruction after the war.
In addition to the threat from the Soviet Union.
Therefore, the Bretton Woods system was introduced.
The US dollar has initially become the world currency.
In addition, industrial development requires a large amount of oil and natural gas. The United States has won over the Middle Eastern countries, which has further stabilized the circulation of the US dollar.
The US dollar has become a hard currency.
If the US dollar cannot buy advanced weapons And excellent industrial products, who would hoard dollars if they can’t buy oil?
So if the new peso wants to become the world currency and become the foreign exchange hoarded by various countries, in addition to the settlement of the UAE and the Camel in the new peso, it must also export high-quality products.
Let the oil peso buy more industrial products.
Among industrial products, the most profitable is electronic products, which have high profits.
The second is biomedicine.
These are almost all things needed by various countries. There is also the automobile industry. As long as it is done well, industrial products can be exported.
Just like the island country’s yen, why did it once account for 7.6% of the world’s currency? Isn’t it because of the export of electronic products and automobile manufacturing products?
The other party makes money and develops industry and commerce, which is what Louis is good at.
It’s not that he has a great talent for business, but the vision plus the system plug-in.
Know what will be popular in the world in the next 30 years, and the system is a tool to break bottlenecks and reduce research and development time.
November 3rd was a day off.
Louis met with Xavier, president of Xinghai Group, Henry, general manager of Blue Ocean Electronics, Smith of Global Fund, Pirandon, president of Haichuan Group, and Lin Tianhong, president of Zhonghai Group, who came from Hong Kong, at his manor.
In addition to Galaxy Trading Company, the heads of various groups under Louis were also present.
“Boss!”
Seeing Louis coming, several people in the conference room stood up immediately.
Louis smiled and said,”Sit down, don’t be shy, just treat it as your own home. I invited you all here just to understand the situation of each company. After all, I haven’t seen you for a while.”
“I haven’t seen the boss for a long time. I’ve been there for almost a year.”Smith of Global Fund said.
Louis gave him $2 billion to invest in Japanese yen. He made a lot of money in the US stock market crash in 1987. He made a lot of money in the Sixth Middle East War and oil. He also made a lot of money in the Gulf War. He made a lot of money in almost every point.
“How is it? Is Huanqiu okay?”Louis asked with a smile
“Listen carefully, I made a lot of money from previous investments, especially microproteins, which have increased more than ten times.”
“Wal-Mart, Pfizer, Procter & Gamble and other industrial companies have also grown several times”
“”What is the total asset of Global Fund now?” Louis asked curiously. Over the years, he has not withdrawn funds from various companies. Every time he recruited soldiers, he used all the funds from his own arms sales.
So, strictly speaking, his companies should have a large cash flow.
Hearing Louis’s question, Smith thought carefully for a while and said,”In terms of total assets, it is about 90 billion US dollars, of which about 75% is in the stock market, and the actual cash flow is only 25.%！”
“That’s not a small amount.”
Louis laughed and said,”With total assets approaching 100 billion, the initial investment was only 2 billion US dollars, and it has increased more than 40 times in a few years, which is already very good.”
Smith also laughed and said,”This is mainly due to the inside information given by the boss, otherwise it would not have grown so fast.”
“That’s true.” Louis said with a smile.
If he hadn’t provided several opportunities to make money, it wouldn’t have grown so fast. Even if Smith was really a big shot in the financial investment field, it wouldn’t have multiplied so many times in a few years.
Without the inside information he provided, the maximum amount would have been 20 billion US dollars.
“With hundreds of billions of dollars in assets, he would be a powerful figure on Wall Street, and he could persuade Soros to short the British pound.”
“”Huh!”
Smith looked at Louis in surprise:”The boss also knows that Soros is going to short the pound?”
“Huh?”
Lewis raised his eyebrows:”From your tone, it seems that you know?”
“”Yes!” Smith nodded and said,”Some time ago, Soros came to me and hoped that our Global Fund would cooperate with him to short the pound.”
Louis showed a look of enlightenment.
“It’s up to you to decide whether to go or not.”
“I mainly want to know how the Suxiong plundering plan is going?”
Compared to the money earned from shorting the British pound, he is more interested in plundering Suxiong.
As early as two years ago, during a phone call, Louis asked Smith to secretly infiltrate Suxiong.
By leveraging, he shorted Suxiong and then plundered Suxiong’s mineral resources and other military equipment.
“It has entered the final critical moment. At this time, there are great differences within the Soviet Union. As for when it can be broken, I estimate that it will take some time.”
Hearing this, Louis nodded;”The intelligence department predicts that there will be unrest within the Soviet Union in two months. By then, perhaps the Soviet Union will fall. You can see how to use this opportunity to plunder wealth.”
Smith’s eyes lit up and his face showed joy.
He knew that Louis would not shoot without a purpose.
Besides, the intelligence department has predicted it, which is almost certain. (To read the exciting novel, just go to Feilu Novel Network!)
His eyes turned to Henry of Blue Ocean Electronics
“Let’s talk about Blue Ocean Electronics. How is the progress of electronic products such as mobile phones, LCD TVs, and computer chips?”
As the leader of Louis’ manufacturing industry, Louis still attaches great importance to Blue Ocean Electronics.
With advanced lithography machines, it can be said that it is a universal killer in the field of electronic products. Moreover, he has exchanged a lot of advanced technical information, such as LCD TVs.���Mobile phone communications, and the production of professional graphics card data, etc.
When he heard Louis asking about Blue Ocean Electronics, Henry, who had been prepared, was not nervous, but flipped open the file in front of him and said,”Thanks to the technical information provided by the boss before, LCD TVs are currently very popular in the field of high-end TVs. In the first half of this year alone, more than 1.8 million units were sold, achieving sales of 7.395 billion US dollars and net profits of 3.466 billion US dollars.
The sales volume of DVD business has increased significantly in the past two years. Last year, 4.5 million units were sold, making it the number one in the global DVD field.
In the field of computer chips, we have reached supply cooperation with many computer companies.
Especially in the fields of memory, graphics cards and processors, we have basically won the global mid-to-high-end products. The sales volume of this business alone exceeded 10 billion US dollars in the first half of this year.
In addition, our research and development of network switches, routers, and LCD computer screens are also very popular.
There is also the foundry production of chips. This business is more complicated and covers many fields, such as some high-end refrigerators, variable frequency air conditioners, and car audio chips. Many of them are produced by us. This business alone had a turnover of 9.266 billion US dollars last year and a net profit of 3.57 billion US dollars.
The mobile phone industry is still under promotion. Due to sanctions, the current effect is not very ideal. It is only in Hong Kong, Taiwan and Southeast Asia that the effect is relatively good.
We are also entering the mainland of Dragon, but we are still discussing cooperation….
Blue Ocean Electronics currently has nearly 100,000 employees worldwide, mainly in Hong Kong, Taiwan, and Singapore.
Last year, the company achieved revenue of $45.8 billion and net profit of $17.4 billion.[]
The company’s current cash flow is about 48 billion US dollars.
The above is the current situation of Blue Ocean Electronics.”
When he heard that the cash flow was 48 billion US dollars, Louis nodded slightly. This result was not bad, nor was it good. It was within his expectations.
After all, with so many advanced technologies and lithography technology that has been leading the world for more than 20 years, it is not outrageous to make tens of billions.
“The mobile phone business needs to be promoted more. Although the United States has lost its largest customer due to sanctions imposed by the United States, Samba, the Middle East, and even Africa can be considered. In short, we must actively expand. When necessary, the Colombian government will also help.”
After the mobile phone business is established, it will be a very big piece of cake, and many countries cannot produce supporting hardware facilities, such as base station equipment, and can only buy them from abroad.
These are all places to make money.
As for the Colombian government’s support, it is not surprising. Many large American companies are expanding their businesses overseas, and there is no government support behind them, especially in Latin America.
Like Venezuela next door.
The reason why they are in a stalemate with the United States is because the Venezuelan government wants to nationalize oil companies, causing losses to American oil companies, so the United States has imposed sanctions and suppression on Venezuela.
After calming down, Louis turned his attention to Xavier of Xinghai Group.
Seeing this, Xavier opened his mouth.���He started talking:”Xinghai Group mainly focuses on biopharmaceuticals, luxury goods, jewelry, cosmetics, etc…….Currently, the company has 130,000 employees worldwide, with annual revenue of US$61.5 billion, net profit of US$22.7 billion, and current cash flow of approximately US$57.2 billion….Among the world’s top 500 companies, it ranks in the top 100.”
Louis raised his eyebrows.
Wow, one is more powerful than the other.
However, medicine, jewelry, luxury goods, and cosmetics are all highly profitable industries, not to mention life-saving drugs.
Haichuan and Zhonghai are much worse.
Both are businesses related to people’s livelihood, but they do business in different places.
Despite this, it is easy for the two companies to make a net profit of 20 to 30 billion US dollars a year.
A rough calculation shows that the assets of Louis’s enterprises add up to a cash flow of more than 100 billion US dollars.
Not to mention the assets. It is not an exaggeration to say that he is the richest man in the world now.
Louis is very happy to have money.
This means that he has strong financial resources and can buy more things from the system.
(Ps: This chapter is a transition chapter, mainly talking about the protagonist’s business affairs, which is a summary.
The next chapter is still an introduction to the military).
