Silicon Valley
Chapter 644
After the meeting, the news immediately spread, which caused a sensation in the world.
If all African countries join the "Wei Yuan" system, will they not become another "EU"?
Europe and the United States don''t want a strong alliance! As a result, they have extended olive branches to African countries and are ready to provide them with financial loans.
Some African countries are overjoyed, thinking that American Dad finally knows how to help himself!
However, at this time, Wall Street collapsed because of what Henry said!
Henry said at the meeting that the U.S. subprime mortgage crisis has not reached its peak, and it will last until at least 2009. This immediately caused panic on Wall Street, and the stock market plummeted that day.
The leaders of some African countries are stunned. Isn''t it Henry Williams'' assumption that he can control the situation on Wall Street?!
Yes, that''s what Henry has!
Although Henry is not in Wall Street, the legend of Henry has been circulating on Wall Street. In the view of Wall Street, Warren Buffett is far less powerful than Henry.
The next day, Citigroup announced its financial situation in the first quarter. After offsetting losses of more than $18 billion, Citigroup still had a net loss of $11.24 billion, or $2.24 per share, in the first quarter, causing global panic. Then, Merrill Lynch announced the first quarter of the property situation, a loss of $3.42 billion!
The U.S. financial market is getting worse. It''s beginning to plummet.
Seeing that the subprime mortgage crisis is becoming more and more serious, how can the United States give money to African countries? What it promised before has now become empty promises. As for the European financial market, it is not much better.
Henry turned off the TV and said with a smile: "ha ha, Egypt, Libya and other countries want to get money from the United States and Europe have failed!"
Four days later, Lehman Brothers, the fourth largest investment bank in the United States, fell into a serious financial crisis and announced to apply for bankruptcy protection, which brought about a more serious financial crisis.
On the same day, Bank of America Williams bought Merrill Lynch, which is about to go bankrupt.
On April 9, Seattle based Washington Mutual, the largest savings and loan bank in the United States, was seized and taken over by the Federal Deposit Insurance Corporation on Thursday local time, becoming the largest bank in the history of the United States to fail!
At this time, the Bush Administration formally submitted the bill to the U.S. Congress to save the financial system, and the Treasury Department was authorized to purchase up to $1 trillion of non-performing mortgage assets. However, the house of representatives of the United States vetoed the US $1 trillion rescue plan, which led to a sharp decline in US stocks. The Dow dropped 777 points, which is the biggest point drop in history. The one-day drop is as high as 7%, which is also the biggest drop since the global stock market crash in 1987. Market confidence is weak, the Dow continues to sink, and the 10000 mark is in danger.
Just then, African leaders came to the Williams Capitol again.
Henry looked at everyone with a warm smile and said, "welcome to all of you. After a week''s consideration, you must have thought it out! No more nonsense. Countries willing to join the "Wei Yuan" system can come to power and sign the agreement immediately! "
As soon as the words fell, a large group of people stood up. Henry saw that only the leaders of South Africa, Egypt and Morocco were still sitting. At the moment, the three people were looking at the rest with heavy eyes.
The corners of Henry''s mouth rose to show a faint smile“ Hehe, these three nail households really insist on it. In the future, the neighboring countries will use Weiyuan. How long can you still insist on it? "
Less than an hour later, African leaders signed an agreement with Henry and formally joined the "Wei Yuan" system.
During this period, the leaders of South Africa, Egypt and Morocco could not sit still and left one after another.
As soon as they left, Henry was discussing with the others.
First of all, Henry according to the situation of African countries, how much money to lend them.
Then, Williams Royal Investment Company will do its best to help them develop, especially in North Africa, which is located in the Sahara desert. It is very short of water, and the desertification is becoming more and more serious, and the environment is extremely bad!
"Africa is desert, and the environment is bad," Henry said. Williams empire is willing to buy these deserts, and spend a lot of money on desert environmental transformation! Which of you would sell the desert to the Williams Empire? "
When people heard the words, they couldn''t help hesitating.
The harsh environment of desert can''t survive at all, and the desertification is serious. It is urgent to solve the problem of desert because it is encroaching on land every day! However, African countries do not have the ability and funds to transform the environment. They can only allow the desert area to grow larger and smaller, and people''s living area to become smaller and smaller!
If someone wants to buy deserts and is willing to spend money to improve the environment, this is naturally good for many African countries. However, deserts are not completely useless. Deserts may be rich in oil, and many large oil fields are found in deserts. If you sell the desert, you will lose a lot if you find oil later! Although there are Tesla cars now, it is impossible to popularize them in a short time. As a result, the current use of oil as fuel vehicles still occupy the main market. In addition, petroleum has many other functions. It is also the raw material of many chemical industrial products, such as solutions, fertilizers, pesticides and plastics.
Henry looked at the hesitant faces of the crowd, thought for a moment, and then guessed what they were thinking.
"I know why people are hesitant. OK, I can sign an agreement with you. If oil is found in the desert, the Williams Empire only accounts for 40% and you account for 60%. How about that Henry laughed and said, "the desert is very bad. It''s not easy to survey. After the transformation of desert environment is successful, the detection will be much more convenient. Maybe a lot of oil will be found then! "
As soon as Henry finished, some presidents of some countries had some ideas.
Henry then said: "if you want to transform the desert environment on a large scale, especially in the Sahara desert, it will cost a lot of money! Nowadays, the more popular artificial rainfall mode is only artificial precipitation, the amount of rainfall depends on the moisture content in the cloud. As the saying goes, it''s hard for a skillful woman to make a meal without rice. If there is not much moisture in the clouds, can she make something out of nothing? It happens to be like the Sahara desert, where there are very few clouds and there is not much rain. In addition, the temperature here is too high, and the water vapor is easy to evaporate.
At present, the most effective way is to build a pipeline to bring sea water into the desert! Traditional agricultural irrigation relies on fresh water resources, but Africa is poor in fresh water resources, so we can only use sea water.
The sea water is inexhaustible. We can irrigate the sea water in the desert, and then cultivate heavy salt resistant and seawater tolerant plants! In this way, we can not only solve the desert problem, but also create economic value and solve the food problem in Africa. It is known that there are about 1500 species of Halophytes in the world, some of which can be used as food, forage, edible oil, some as fiber, chemical and pharmaceutical raw materials. In addition, with the rapid development of cell and genetic engineering technology, plant genetic engineering breeding for salt tolerance is becoming more and more practical. Molecular breeding of salt tolerant varieties of cash crops and field grain crops is not far away. It is possible to transform halophytes into bioreactors by genetic engineering.
I don''t want to say much about the research on cell and genetic engineering technology of gene umbrella company. In short, if you promise to sell the desert to the Williams Empire, the desert will become the most fertile land, and countries will no longer need to import food from abroad at high prices! At the same time, after transforming the desert environment or turning the desert into fertile land, a large number of workers are needed, which undoubtedly solves the employment problem of various countries
In addition, at the same time of building the sea water pipeline, the Williams empire will also invest a lot of money to build railways along the way. All of these will surely bring great impetus to the economic development of all countries! "
When Henry said that, they couldn''t help nodding and their faces were full of excitement!