Reborn American Tyrant

Ah-choo, William White sneezed. He opened his eyes and was shocked to find that his blanket seemed to have disappeared. There seemed to be no other way but to smile bitterly at the sight of the little beauty, Jiaxin, sleeping in Begonia Spring.

After shaking his head a bit, he decided to take a hot bath for himself. The gas is expensive anyway, and has no real impact on him, but at most, he will not look at the bill later, out of sight, out of mind.

After forty, the whole wake-up call was gone. Or maybe it's a sign that he's about to become a greasy uncle.

He had to work late last night due to a heavy Thanksgiving workload, so he should have gone back to sleep by now, but it's the fourth Thursday in November, and this evening is known as Black Friday.

Black is not what many people think of when they talk about it. It's used here to represent profitability.

Of course, retailers don't deliberately advertise any profit, but rather create a sense of hemorrhaging money. In fact, what you buy is what you sell, and what you grab back in spite of everything may be something you never need.

It is not only the number of purchases that is exaggerated, but also the number of returns, which is also significant. You'll see when you measure the percentage that a lot of them shouldn't be quality issues.

Yes, these people regret their purchases, and they bought them just because they were cheap. But ah, was it really much cheaper?

Not really!

Compared to the consumers of the Great Rabbit State, the American empire is even more blind, people are social animals, and how can you be immune when you realize that everyone around you is snapping at the same time.

"Filson, did those bastards send out their subpoenas yet?"

"An injunction has been applied for, but there is no way to deal with the information on the BBS, which is bound to cause a backlash through technical means."

"Damn, call a meeting with the marketing department, the shortest time, must revise all pricing. The products with the most intense backlash had better be swapped, and if there is less mystery, this Black Friday is bound to be pale and powerless.

Bastard, don't let me find out who it is."

It's not a pleasant thing for anyone to have promotional information maliciously exposed.

Damn shopping strategy, if you all follow the strategy, it's fucking Red Friday.

This kind of thing happens every year, right?

It's a good thing there's a backup plan, or the World Mall isn't a brick-and-mortar store, otherwise the mere matter of changing the tag would be enough to turn you upside down.

Of course, only a few people at the company knew that the killer feature this time was actually the interest-free cycle.

White's Bank opened an online payment, this time, not PayPal, a third-party online payment platform.

In the U.S., William White never thought of a certain payment platform, which is impossible, not to mention impossible for one, if not many, companies.

There are two issues involved, firstly, monopoly, and you don't dare to play either one or the other in MiG. It's bad luck to be sued in court if you can't achieve your goal.

The other is the issue of credit cards. This is not obvious in other countries, in the rice country can be different, if you do not hold a few cards in your hand, it is unimaginable.

What, if you use this opportunity to promote it, you won't be afraid of a pile of bad debt. You know, the life of a shopaholic is usually a mess, and if the number of overdue cards increases too much, your bank's life will not be easy.

This is not to be feared. Sub-prime real estate loans can be pulled out to create financial derivatives, so what's wrong with credit cards? In order to ensure the liquidity of the bank, there are many similar operations, and a large part of the world's fancy financial products are just like this.

In spite of all the efforts, William White is well aware of the fact that last year the situation was good enough, but what kind of atmosphere is this now?

When people's pockets get a little dry, they think about saving.

As for how to save?

Electronics have undoubtedly suffered the greatest impact, followed, of course, by clothing and footwear. In short, you need to be careful with non-essential purchases.

If you don't buy a CD player, you can still use a Walkman, or in a few years, everyone will use an MP3. As for clothing, it's even more unnecessary, or else the American empire is wasteful, and they do rarely throw away their clothes until they are worn out, usually just two or three times.

Now it's different ah, the Nasdaq is pounded into a dog, the performance of the Dow Jones is also very decadent. As such, the property shrunk to say nothing of the money saved do not know when to get back.

An Internet bubble, the collapse of the Nasdaq companies on half. It's chilling to think about how many unemployed people this would create.

The funniest part is that the NASDAQ is just the GEM, where there are certainly Internet companies, but where are you going to find so many listed companies on the Internet?

Normally, the NASDAQ's elimination rate is roughly 7%, which means that as long as you get in, good or bad, as long as you're not at the bottom, you're probably not going to die.

But what's the concept of 50%?

Think about it, if this had been in any other country, it would have just crashed the economy.

"Boss, there's a lot of pressure on the investment department right now, and before the week is over, we've already had 17 failed investments here." The failures Filson is talking about here are outright bloodshed.

"What's most troubling is that the number of companies looking to make additional investments is skyrocketing, and if we turn down ......."

When it comes to these investments, William White is also a real pain in the ass. Of course he has a way to pick out the right companies, but for the ones he hasn't heard of, he'd rather leave them to fend for themselves.

However, it's understandable that the success rate is higher, but if you don't have any failures, then it's too mysterious.

Another problem is that Internet companies have long since changed beyond recognition, and it's difficult to distinguish between good and bad.

"If they are not just burning money, they should be given a chance. One of the most important choices is how big the future market is.

If it's too niche, or impractical, giving up is the only way to go. I think we've stuck it out until now, and there are already a lot of people who take me for a fool."

Filson's face is wonderful, not to mention others, and he's under no small amount of pressure here as well. That's the impression White Investment is giving to the outside world now.

In fact, their think-tank gave their opinion early on that we should stop the losses now while they are still manageable.