Where does the money come from?

Sean is also thinking about this problem.

Where can I get another bargain?

He leaned on the sofa with his head held high, his eyes rolling around, full of dangerous light.

Shen Bi knew at a glance that Sean had no good intentions.

"Okay, the money matter is not urgent." Shen Bi stretched out his leg and kicked Sean.

"Well, what do you mean, since Europe has access to optical cables, we are not allowed to open bank branches there to expand our business there, and we are not allowed to invest large sums of money?" When Sean heard that he was not in a hurry to ask for money, he immediately became energetic.

Now, in Sean's opinion, anyone who doesn't want money is a good person.

"No, don't come with me!" Shen Bi rolled his eyes. He was really shameless. He came with me right away when he needed it.

Sean laughed and hugged Shen Bi's shoulders, "Why are you still angry? Isn't that a joke? Let's see who can have a better relationship than the two of us!"

"Ha, I have to thank you." Shen Bi sneered, too lazy to answer Sean.

"The situation in Europe is more complicated." Shen Bi thought about it for a while and then slowly told the story...

Europe, the birthplace of the Industrial Revolution and the exporter of ideas, can be said to have deep-rooted interests of all kinds.

Although World War II completely destroyed Europe, the United States succeeded in becoming the world leader after the war, and also completed a large-scale penetration of Europe through the Marshall Plan, resulting in the emergence of no super-large conglomerates in Europe.

However, deep-rooted nationalism and local protection have not disappeared.

There are many local consortiums and industry-based monopoly consortiums.

And extremely stubborn.

Sean imagined that like in the United States, it would be no problem to attract ordinary customers through overwhelming advertising and opening bank branches, and it would not be a big problem for small companies.

However, it is wishful thinking to win over those large and medium-sized commercial customers.

There is a commercial banking system within the industry that has been cooperating for decades or hundreds of years. The interests are intertwined. You can intervene if you want to?

Even Rockefeller can't help with this matter. They themselves still have to compete with European oil giants.

"Then I haven't joined any new industries in the US market, right?" Sean blinked and asked with a confused look on his face.

"What the hell..." Old Man Shen Bi pointed at Sean with a speechless expression.

He tapped his fingers a few times and said, "Can't you use your time playing with women to take good care of the company?"

"That's not possible, absolutely not!" Sean shook his head firmly, "You are putting the cart before the horse!"

"The ultimate goal of making money and improving one's social status is to enjoy life!"

"I put all my energy into work, am I crazy?"

"Workers all know that they have to compress their working hours step by step through struggle. As a boss, I end up working overtime every day. My life is to create more wealth for society?"

"There's something wrong with your brain!"

Shen Bi: "..."

Faced with Sean's fallacies, Shen Bi really didn't know how to refute.

In Western society, family comes first.

Money and work must make way for family. If you ignore family for money, you will be looked down upon by others.

In the Western world, there are photos of family members on the desk, which must have a happy and harmonious atmosphere.

When politicians are campaigning, they need to take their families with them to give speeches. They must create a harmonious family image and show how much time they spend with their families, hanging out and spending time with their children. This is very important.

No politician will show off that they are busy working all day, working overtime until late at night, wishing they could eat and sleep in the company, and have nothing in their mind except work.

Those who fail to enter the house three times will only be kicked out of the political arena by voters.

This is the completely different culture between Eastern and Western cultures.

On the east side, if you put photos of your family on your desk, your boss won’t bother you because your manager will ask you to put them away quickly!

Focus on family life?

Don't want to work overtime?

What do you mean by displaying family photos?

What's the purpose?

Who ordered you!

What is your motivation?

Did you get permission from the company?

Who is behind you advocating for what families want to do?

What are you implying?

what do you want to subvert?

Can't answer?

I think you want to destroy the company’s overtime working environment, spread negative thoughts, and shake overtime morale!

I've been homesick all day, you can pack your things and go home now!

Don't say that we fired you without reason. This is all justified. Minor violations are not illegal. Since the company does not break the law, then you, a negative example, is breaking the law!

The company can only display group photos of company employees. The company is your home, and the boss is your parents!

Ahem...

Shen Bi glared at Sean, I'm too lazy to talk to you, do you care about your family?

Whose family has more than 10 mistresses?

You are so lustful!

After severely criticizing (envying) Sean, Shen Bi then said, "Shawn Bank's tentacles have now penetrated into many industries."

"For example, chemical industry, energy, media industry, film and television industry, construction industry, retail, shipping, manufacturing, agriculture, real estate... there are so many!"

"Why so many!" Sean looked surprised.

"Nonsense!" Shen Bi looked sideways at Sean. He suspected that Sean was preparing for Versailles again.

Sean’s hard work these years has not been in vain, let’s talk about the construction industry.

In New Jersey and surrounding areas, the basic building materials industry was once monopolized by Sean. Of course, internal capital flows went through Sean Bank. Although it sold out most of its shares in the later period, the habit has been formed and no one will poach this corner.

The energy industry is similar, including New Jersey's power supply, northern Colombia's power supply, Sri Lanka, and Morocco where investments are being made.

One thing I have to admit is that the development of Colombia is indeed on the right track. Through this newly developed market, Sean Bank has intervened in many industries and completely opened its tentacles.

Of course, Sean felt this way, but he didn't form a too specific concept. However, he continued to move forward. After that, Sri Lanka, Morocco, and now Southeast Asia were involved.

Although we won’t see much revenue in the short term, the expanded network is gathering strength, and sooner or later, emerging markets will usher in an explosive period.

After listening to Shen Bi's words, Sean finally understood. In contrast, it was the current situation in Europe.

In old markets, the network of relationships is so intricate and deep-rooted that it is difficult to get involved.

"Then Europe will not care about it?" Sean frowned, "The world's 3rd, 4th, and 5th economies are all in Europe. It's still early for emerging markets to surpass them."

"We will definitely intervene, but it can only be done through acquisitions. You don't have to think about re-opening or anything like that." Shen Bi shook his head directly, "Not to mention now, during the Marshall Plan, the major consortiums in the United States want to directly intervene. None of them were successful, but we managed to make some acquisitions through matchmaking with the government.”

"And it's only in some industries. The government would rather support the core industries on its own."

"Wait for opportunities and seek entry by acquiring local banks. This matter cannot be rushed."

"That means we have to ask for money!" Sean rolled his eyes.

"You won't spend much cash with a loan, but your liabilities will increase again." Shen Bi said and laughed.

"Then I will delve deeper into Asia now?" Sean squinted and thought for a moment.

"Asia is a good opportunity. Here, you have a huge first-mover advantage, bigger than other consortiums." Shen Bi nodded, "In terms of money, the problem is not too big."

"You injected the industry you acquired this time into Sean Bank. In fact, after developing the credit card, the bank's capital reserves increased significantly. Although there are only 25 million open accounts, the average credit limit is only 1,500 per month, but each At the beginning of this month, we still had the equivalent of US$37.5 billion in deposits available, and users can’t withdraw this money.”

"Credit card, what a genius idea!"

Sean:???

"No, wait a minute, why do you suddenly have a deposit limit of 37.5 billion?" Shen Bi looked at him in confusion, his mind full of questions.

"Every person who opens an account is equivalent to depositing their credit for this month with us in advance. No, how can this not be money for you?" Shen Bi had an enigmatic smile on his lips, "This is called finance. tool!"

"Credit is equal to money, you made it."

Sean: Why didn’t I know I was so awesome?

"Forget it, you don't understand even after I tell you. This game is about future expectations, which is quite complicated. For safety reasons, the company does not conduct high-risk operations, otherwise tens of billions of funds can be immediately available." Shen Bi shrugged.

"Can the risk still be high?" Sean was completely dumbfounded. Just a concept, and tens of billions of cash were made out of thin air?

"Yes, for example, if you use credit for loans, 25 million users are assets in themselves, and they are high-value assets." Shen Bi said matter-of-factly.
To be continued...