1928: The Rise of Giants

Chapter 458 Cheers to our future

While Yello talked about future opportunities and future prospects at the Franklin family mansion, twenty-eight-year-old Walt Elias Disney was considering how to file for bankruptcy.

On November 11 last year, the animated film "Steamboat Willie" directed and produced by him premiered at the New York Diaspora Cinema and received an unprecedented response!

Due to the rise of talkies, Walt adopted the method developed by Patrick Powers to dub this animation. This was also the debut of his animated character Mickey Mouse.

Everything is going in a good direction.

He even got land in Hollywood and was able to build his own animation company in this world's movie dream factory.

However, the good times did not last long, and the burst of the U.S. stock bubble drove him into dust.

His Walt Disney Studios was listed on Amax not long ago. As a high-profile penny stock, its share price once rose from 2 cents to $2, allowing him to become a A millionaire.

After the U.S. stock market crashed, Walt Disney Studios' stock price plummeted from $2.1. In the end, it failed to withstand the financial crisis and announced its delisting the day before yesterday.

Now he has only one option, and that is bankruptcy.

There are generally five situations in which you can file for bankruptcy in the United States.

Among them, if an individual is bankrupt and the total debt is less than US$10 (later adjusted to US$25), he or she can submit a repayment plan to the court and submit a certain amount of money to the court, and then repay it slowly in installments.

As long as you file for bankruptcy, you will not be able to hold your head up for the rest of your life, and you will not be much different from a homeless person.

Not to mention cartoons specifically aimed at children.

The big financier also has his own film company in Hollywood!

In this way, his life, and the fledgling Walt Disney Studios, would be reduced to nothing.

Walt didn't believe in fate before, but now he does.

But the big benefactor even wrote the plan for him.

There is a big investor who is willing to invest $100 million in Walt Disney Studios. The money can help him pay off all his debts, keep the studio, and support him in creating a new movie. animated movies.

Still in the early conceptual stages.

In Walt's opinion, this idea has to be said to be a stroke of genius.

Until the group left, Walt, who had a suitcase full of U.S. dollars, a check and a bunch of contracts, was still very confused.

In this era, talkies were still in their infancy, and not many people could afford to watch them. This was a niche culture and entertainment.

But in short, the difficulty was overcome inexplicably.

He was quite confused about an additional payment in the contract——

When he was making the finished film, he vaguely had this idea of ​​bringing all animated characters together to create an ecological environment that would differentiate him from other animation studios.

But he was at a loss as to how to implement it and how to operate it.

He really didn't understand why the big guys in the film industry were willing to invest in his own small animation studio.

Just when he was thinking about swallowing a gun and committing suicide, several uninvited guests broke into his office carrying several suitcases of dollars.

Walter was confused throughout the whole process, but he finally understood it after Xu Wenqiang's explanation.

When the economy is good, Walt can understand the other party's thoughts, but at this time, 100 million US dollars.

He really doesn't understand.

In the next ten years, he is required to build a Disneyland in New York, USA, which will include a large number of Disney-branded animated characters.

But Walt owed nearly $50 to banks and securities companies, far more than the amount required to file for personal bankruptcy, so he had no choice but to go bankrupt as a company.

"Will the Great Depression be so terrible?" Old Joseph sighed. After making a fortune from the stock market, his trust in Yeluo became deeper and deeper.

But when Ye Luo said this speculation, several people present didn't believe it.

Little John even felt that Ye Luo was being alarmist.

The prosperity of the United States is obvious to all. Although the stock market is booming, there are still only a few people who spend money to speculate in stocks. Will the stock market crash affect people's livelihood?

These people are skeptical.

Franklin see clearly.

After all, he is in power. After the US stock market bubble burst, New York's economy plummeted. He had already heard about it from the Finance Department.

The core reason for this situation is the bankruptcy of many companies and the jumping of entrepreneurs.

When they were done, the workers were done with them.

Although President Hoover had held a meeting earlier and issued instructions.

But judging from the situation in New York State, these decrees are of no avail.

"By that time, everyone will know that work is valuable. Dignified senior engineers may have to find jobs like security guards and cleaners." Ye Luo smiled, "And the stock market will rebound at the beginning of next year. It’s also a good opportunity for us to go long.”

"Will the stock market rebound?" Livermore's eyes widened.

What ammo to use?

In fact, U.S. stocks will rebound from their current lows driven by multiple factors. The Dow Jones Index will reach its highest point of 3 points in March next year, and then truly collapse.

During this period, the stock market rises and falls in a chaotic manner, and it is not suitable for large-scale entry to make money. However, if you do more, you can still make a lot of money.

But this time, Ye Luo didn't plan to make a big fuss.

After all, this kind of thing cannot be done twice. If you do it again, you will really challenge the stability of Hoover's regime.

"Our primary goal is to find ways to make reasonable use of the overflow talents and technology, and the second is the general election in a few years."

Ye Luo looked at Franklin.

He said nothing in the wheelchair, but when he heard the word election, his eyes suddenly lit up.

This is his ultimate goal.

"Ye, do you have any good suggestions?" Franklin asked.

Ye Luo smiled and replied: "I haven't figured it out yet, but my plan is to solve the things I just mentioned first, and then after finishing the final vote next year, I will return to the Republic of China."

"You want to leave the United States?" Franklin looked at him.

In fact, he has already helped Ye Luo get a U.S. green card. Even if he moves the entire Ye family here, there will be no problem.

"Yes, I will leave for a while. You are also aware of the situation in the country. The warlords are constantly fighting. My family and my roots are all there."

They couldn't quite understand what Ye Luo said about the feelings of family and country.

But now that he said so, Franklin could only agree.

Anyway, when the election comes, Ye Luo will naturally come back to help him.

This was an unspoken understanding between the two.

It is also Ye Luo's biggest bet.

"In short, we will trouble you all during this period. We will do our best to acquire everything that can be acquired and bought. Even if we don't take action, other consortiums will."

Ye Luo stood up, looked at them and smiled lightly, raised his glass,

"Cheers to our future."

"cheers!"

(End of this chapter)