Like Little Morgan, Little John was in a bad mood. During the great melee among oil companies before the outbreak of the economic crisis, Little John had already had a confrontation with a southern African company, and that confrontation ultimately ended in triggering an economic crisis.
Similar to the difficulties faced by U.S. steel companies, oil fields in the United States, after more than half a century of disorderly development, are also facing multiple problems such as difficulty in extraction, high costs, and intensified competition.
When Rock and Roosevelt met, oil was an important topic. Under the witness of Rock and Roosevelt, Standard Oil and Najd Oil Company reached an agreement to jointly maintain the oil market price. The price paid by Standard Oil was
Give up most of the European market.
Like steel companies, Standard Oil is also facing crazy competition from Southern African companies, so Little John and Little Morgan have a common language. Before Little Morgan found Charles Schwab, Little John came to Little John first.
Next to Morgan.
"Congratulations Jack, U.S. Steel has come out of trouble. I hope you can create greater glory again." Little John has a good attitude. If oil is the blood of modern industry, then steel is the skeleton of modern industry, and the two complement each other.
Little Morgan's full name is John Jack Pierpont Morgan, and Little John's full name is John Davidson Rockefeller. Americans' names are so careless, they are probably similar to Zhang San.
"There is nothing worthy of congratulations, at least not in my opinion." Little Morgan sighed. In fact, there is nothing to hide in this regard. Anyway, there is no direct competitive relationship between Standard Oil and U.S. Steel.
"I heard that U.S. Steel purchased more than 3.5 million tons of iron ore from Favalt Steel Group last month. Is Favalt Steel Group's iron ore so good?" Little John doesn't beat around the bush. Everyone's situation is similar.
"There is no way. The average grade of our iron ore in the Great Lakes is only 35%. The average grade of the iron ore sold to us by Fawalt Steel Group reaches 62%. If it were you, what would you choose?" said little Morgan in mood.
No, this situation would not be good for anyone.
Although Favalt Steel Group is still providing iron ore to U.S. Steel at relatively low prices, no one can guarantee whether Favalt Steel Group will increase prices tomorrow.
Even if there is an agreement between Roque and Roosevelt, there is no guarantee. Americans have been profiting from Europe in the name of "free trade" before the outbreak of the world war. Of course, the Favart Steel Group can also.
As for the agreement, the agreement signed by Rock and Roosevelt was limited to cooperation between the two parties and did not stipulate the specific price of iron ore. Even if the Farwalt Steel Group increased its price, the federal government of Southern Africa would say "normal business behavior"
Can be pushed cleanly.
"Is the gap so big?" Little John was surprised. The quality of American oil is actually not bad. The main difference between it and Persian Gulf oil is the difficulty of extraction.
The grade of iron ore is very important. The gap between 45% and 55% can be made up through technology and hard work. The gap between 35% and 62% is basically equivalent to a natural chasm.
"It's so big. The news I got here is that the grade of local iron ore in southern Africa is higher, and the highest grade may exceed 70%." Little Morgan's face was gloomy. God is so unfair.
"The fatuous United Kingdom" Little John was speechless. He would be punished by God for giving up such a good place like this: "What are you going to do?"
Little John wanted to test Little Morgan's bottom line. If possible, the Morgan family and the Rockefeller family would join forces.
Hoho, that scene must be beautiful.
"Favalte Steel Group not only owns iron ore in Australia, but also owns iron ore in Brazil. The grade of Brazil's iron ore is also very high, more than 60%. If the status quo cannot be changed, then our U.S. steel industry will fall into decline sooner or later.
As a vassal of the southern African steel companies." Little Morgan now suspects that Henry is God himself. Otherwise, how could it be such a coincidence that in just 20 to 30 years, the Fawalt Steel Group has acquired all the highest-grade iron ore in the world?
Pocket it.
In fact, it cannot be said that the iron ore with the highest average grade in the world is actually in southern Africa and India. Unfortunately, India's reserves are not high, and it is a British colony, so the United States Steel Company cannot intervene.
Next is not Australia and Brazil, but Russia and Persia.
Not to mention Russia, Persia is within the sphere of influence of Britain and Russia, and the United States cannot intervene either.
So the current situation is very depressing. Without high-grade ore, we cannot compete with Favalt Steel Group.
And the high-grade ores are controlled in southern Africa and the United Kingdom, and in the hands of Russia, who will give them to the United States?
It would be great if I could sell it to you.
"The resources possessed by southern Africa are indeed enviable." Little John also felt bitter in his heart.
The United States used to be the most enviable country.
It's a pity that the BUG in southern Africa suddenly emerged. The oil from the Persian Gulf, the iron ore from Australia and Brazil, and the nearly unlimited human resources in the Far East have just experienced an economic crisis. The United States seems to be faltering.
In previous economic crises, Americans harvested European wool.
In this economic crisis, the United States has been harvested by southern Africa.
It can only be said that sooner or later, those family businesses in the United States that rely on brutal expansion to complete primitive accumulation have finally tasted the taste of being harvested.
It felt really sour and refreshing.
"We have to break this situation." Little Morgan prepared for a rainy day. If you don't think about the long term, you will have to worry about the near future.
"Good evening, Mr. Morgan, good evening, Mr. Rockefeller." Charles Schwab finally took the initiative to say hello. Bethlehem Steel Company has had good luck in recent years. Although its development speed has been affected by the economic crisis, it has not yet reached an unsustainable point.
The main guns of the American "Colorado" class battleships were manufactured by Bethlehem Steel Company.
"Good evening Mr. Schwab, you have been making frequent moves in the investment field recently. How have your gains been?" Little Morgan smiled and used the knife with precision and force.
After founding Bethlehem Steel Company, Charles Schwab did not stop. The main business of the Morgan family was financial investment. While owning the second largest steel company in the United States, Charles Schwab was also the founder of Charles Schwab.
, this company was later hailed as the "King of the Online Economy" in the United States.
Therefore, Charles Schwab's business behavior was completely aimed at the Morgan family.
But it is a pity that Charles Schwab's talent in finance is far less than that in the steel industry.
Everyone knows that an economic crisis is a good opportunity to buy at the bottom.
When the economic crisis broke out, Charles Schwab's wealth was approximately US$200 million, which made him one of the first-class wealthy people in the United States at that time.
During that time, almost all powerful companies were frantically acquiring and merging small and medium-sized enterprises, so the carnival of capital was similar to this situation, and Charles Schwab was certainly no exception.
It is a pity that Charles Schwab did not have a good vision. His frequent investments in the investment field did not bring him new wealth. Most of the companies he acquired went bankrupt. However, Charles Schwab still lived a luxurious life and was extravagant and wasteful.
Even Bethlehem Steel's operations have been affected.
In another time and space, Charles Schwab was on the verge of bankruptcy when he died, and another American myth was shattered.
"Hahahaha, of course there are gains. My investment method is to follow the Morgan family closely. I will buy whatever you buy." Charles Schwab made no secret that in the United States, the competition between U.S. Steel and Bethlehem has also reached its peak.
The degree of hand-to-hand combat.
"Then congratulations to you." Little Morgan is gentle and calm. Those who imitate me will live, and those who imitate me will die.
After all, the Morgan family still has a rich heritage, which cannot be compared to Charles Schwab.
Investment requires strong professional knowledge. There are not many investment opportunities in the same field. There are only one or two companies with potential that are on the verge of bankruptcy due to the impact of the economic crisis. After the Morgan family acquired it, Charles Schwab entered again.
The field is already covered with rubble.
What Qi Baishi meant when he said this was to live and learn, but blindly applying mechanically will eventually lead to a dead end. Charles Schwab was right to invest in finance, but whatever the Morgan family bought, Charles Schwab would follow suit.
Charles Schwab will be tricked to death by the Morgan family sooner or later.
"Mr. Schwab, Bethlehem Steel Company also wants to purchase iron ore from Fawalt Steel Group, right?" Little John doesn't care about the involution of the steel industry. At this time, it is wise to be consistent with the outside world.
"Yes, the grade of Brazilian ore is much higher than the grade of our American ore." When Charles Schwab said this, he couldn't help but curse "mmP, the poor Southern Africans are so lucky."
"What a pity. South America was originally the sphere of influence of our United States. America is the America of the Americans. This was originally a feast prepared by God for us, but it is a pity that southern Africa took away the biggest cake." Little John sneered, and Little Morgan and
If Charles Schwab continues to do this, then U.S. steel companies will die.
"What should I say?" Little Morgan asked Little John for advice sincerely. The Rockefeller family is quite experienced in this kind of thing.
In fact, they all have experience. If you look at the fortune histories of these big families in the United States, they are all full of blood.
"Minas Gerais, Itabiraolo Prieto Columba" Little John is talking about the famous Iron Four Corners. This area is one of the richest and highest-grade iron ore deposits in the world.
In fact, the relationship between the United States and Brazil has always been good. After the Monroe Doctrine was proposed, the United States regarded the Americas as its own backyard. Now, Brazil's iron ore mines are occupied by the Favalte Steel Group. How can people tolerate this?
Little Morgan didn't speak, and of course he didn't want to accept this reality.
But it is not easy to take away the Iron Square from the Fawalt Steel Group.
If not, it could trigger a war between the United States and southern Africa.
