Rebirth

Chapter 930 South Korean Economic Crisis

Chatting with a strong man in the economic circle like Li Jianxi, I unknowingly talked about business and economics. After all, the Asian financial turmoil has not ended yet. South Korea’s economic crisis is at its peak, and the entire South Korea is almost bankrupt. .

Samsung has survived. Among all the large groups in South Korea, Samsung is currently the best. After all, it was backed by Li Feng’s billions of dollars. Unlike the other large groups, it was caused by the previous blind expansion. Now they have suffered heavy losses.

As South Korea reached a loan agreement with the IMF (International Monetary Fund), South Korean companies are slowly being infiltrated by foreign capital, especially the US imperial consortium, including Li Feng himself. For example, South Korea’s No. 1 Bank has now become ' Century Standard Chartered Korea First Bank', yes, it was acquired by Li Feng's Standard Chartered.

One can imagine the seriousness of South Korea's economy today. Among them, Li Feng is naturally one of the beneficiaries. Not only Samsung, but other large groups have more or less foreign capital, especially the American consortium.

If at this time several large Korean groups announce the shareholders behind the scenes, they will find that those consortia in the United States will appear in them. What kind of capital consortia such as Goldman Sachs, Morgan Stanley, State Street, Pioneer, Fidelity, Mellon, etc. all used Borrowed to buy a stake in a large company.

It can be said that half of South Korea's economy has actually been controlled by the American consortium. Naturally, the former glory of Asia and South Korea, which has just entered the ranks of developed countries, has suddenly regressed a lot, which makes people embarrassed.

Every time I talk about these things, Li Jianxi, a strong capitalist, is sighed. Similarly, I expressed my gratitude to Li Feng. After all, Li Feng's billions of dollars were not given away for nothing. Samsung has successfully survived the difficulties. Today's other consortia in South Korea are suffering and paying for their crazy expansion.

Today, Samsung has completely survived the financial crisis. Although the financial crisis is still going on, Samsung is no longer worried. After Li Feng’s investment and the state’s loan support, Samsung can basically sit back and relax.

...

In South Korea, Li Feng is the best beneficiary of the financial crisis. No one knows that Li Feng has quietly controlled Samsung's equity second only to the Li family. The future value of this part of the equity is calculated at 100 billion US dollars. .

What's more, during the financial crisis, Li Feng's investment company made a lot of money and all of its major companies entered the Korean market. For example, the bank successfully controlled one. In this regard, Samsung Lee's help was needed. It can be imagined that Li Feng's benefit is huge.

"John, as you predicted before, Daewoo's future is worrying." At this time, Lee Jianxi, the future Korean economic emperor suddenly said.

"Oh..., hasn't South Korea entered into a loan agreement with the IMF? According to the character of your government and country, it should be able to provide full relief. After all, if Daewoo is really finished, it will be a major economic event for you. Now." Li Feng asked in surprise.

"Hey, that was Kim Dae-woo's own death. The presidential candidate he supported failed in the election. If he failed, he would naturally have to bear the consequences of failure. If in normal times, he failed at most, it would be a little low-key. But now During the financial crisis, Daewoo itself was heavily in debt and was in need of help from the state. Unfortunately, the new president’s attitude towards Daewoo is worth considering."

"Oh, depending on your uncle's situation, he should support the new president. Sure enough, uncle's vision is still so precise!" Li Feng joked with a smile.

"Haha..., it's just luck."

"..."

...

When Li Feng heard about Daewoo’s bankruptcy in his previous life, he searched for news about this on the Internet. After all, the Asian financial crisis and Daewoo’s bankruptcy were still a sensation in Asia around the new century.

It is said that Daewoo's assets are insolvent, but in the eyes of Li Feng today, this is only a superficial phenomenon.How many large groups and companies in later generations did not have a debt ratio of more than 50%, and even many real estate companies with debt ratios of more than 100%, but these companies are not all living well.

Although Daewoo is said to be insolvent, the companies under Daewoo are not just the value of their assets, such as Daewoo Heavy Industries, Daewoo Motors, etc. These groups can be said to be a symbol of South Korean industry, and they can only be said to meet at special moments. The special incident that arrived completely collapsed Daewoo.

When Li Feng thought about it, at this time, the current Daewoo Group is estimated to have become a piece of fat for many domestic and foreign consortia. Who made it so immortal to run into a president who did not like it at the moment of the financial crisis, this is definitely worse. If you don't die, you have to die.

Facing the current economic situation in South Korea, Li Jianxi, a South Korean economic tycoon, also has to recognize this reality. He clearly knows that although these large consortia in South Korea are pretty good, they have been infiltrated and even controlled by large European and American consortia. Now I can only recognize it by pinching his nose, anyway, it's not the first time I recognize'American Emperor Baba'.

Thinking of this, I couldn’t help but think that the young man in front of me had already penetrated into Samsung, even a shareholder second only to his own family. Fortunately, his daughter has the skills and was tied to the bed with others, which is considered the best ally. It’s better than those other consortia joining in to fight for power.

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

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

"Dad, rest assured, I will manage John’s business in Korea. I believe that Samsung and John’s Century Group will have a bright future in the future." Li Fuzhen was just talking to his mother at this time. After the small talk, he turned to his old father and replied confidently.

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

"..."

...

What follows is naturally a scene of joy for everyone. After talking about the business, the next step is to talk about business. Whether the rich or the poor, in fact, the situation is basically the same when the truth is about to talk about it, and there may be more secret fighting possibilities. .

Although I didn’t seem to say anything today, I talked about the situation of my own company, the situation in Korea’s financial crisis, and the general trend of the world economy. But when it comes to Daewoo, it is actually a secret agreement. The two sides waited until Daewoo really When China went bankrupt, it might be the time when the two parties brought the sale together and competed for fat.

In fact, Li Feng is still full of expectations for this. After his auto industry group takes Daewoo Motors, his auto group may jump into the forefront of the world's auto industry. Thinking of this, Li Feng is full of motivation. .

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like