MTLNOVEL Chapter 560: 540
Gami looked at Joe Ga's dumbfounded expression and counted on her fingers, "You plan to force the warlords to take out loans to acquire mines, providing jobs while also giving the Butembo Government a huge amount of funding.
You've coerced those mining companies into signing agreements that not only optimize the investment environment but also improve the locals' lives. At the same time, the management fees will make the Butembo Government a fortune."
You had your friend's industrial park project hand over 49% of the profits to the Butembo Government, and once the Refined Industrial Park starts operating, it will become another massive pool of funds.
With so much support for the Butembo Government, once the major infrastructure projects here begin, it will not only create a lot of jobs but will also drive the development of industries up and down North Kivu Province.
Hu Lang!!!
You've turned the bank into nothing but a purse to control the flow of funds, and you say you're not a philanthropist—then what are you?
Even the Virgin Mary isn't as kind-hearted as you..."
At that moment, Joe Ga was also stunned. He said incredulously, "So according to what you're saying, maybe in 5–8 years, I could own most of North Kivu Province?"
As he spoke, Joe Ga slapped his forehead and said, "FUCK, I always felt something was missing; turns out I'm not Joe Billion, but Joe Half-Provincial!
Wouldn't that make me a chosen one?"
Gami moved forward and hugged Joe Ga with a sigh, saying, "Hu Lang, you are the strangest yet genuinely good person I have ever met!
This is absolutely not sarcasm. I am honored to know you!"
Joe Ga never expected his plans to have such effects.
Reaping the entire North Kivu Province—what does that even mean?
5–8 years later, Mr. Joe could potentially own almost half of the mineral resources in North Kivu Province…
Initially, letting the warlords take out loans to hold the fort, and when they eventually go bankrupt, it can't be like a swarm all at once. Joe Ga will have enough time to coordinate and handle those mines mortgaged to him.
Joe Ga hadn't considered this aspect of the problem before, but when Gami spelled it out for him, he suddenly realized how terrifying finance could be.
It looked like he was going all out to support the Butembo Government, but in reality, P·B Finance Company was taking away most of the mines in North Kivu Province.
As Gami said, Joe Ga can't just kill off all the warlords to increase the employment rate in North Kivu. He must rely on these local powers to develop the mining industry.
In such cases, the price tag on those ownerless mines given to warlords wouldn't be too high.
The price of a mine could reach 2 to 5 million US dollars, but in reality, the price offered to warlords won't exceed 1 million.
There's plenty of room for enriching operations here, but Mr. Joe still wants to save face, so he won't consider that.
The real key is that Joe Ga can easily decide the fate of those mines.
Just the simplest tactics: choke on planning, choke on safety standards, choke on the current status of workers' conditions, or even block their sales channels...
In North Kivu, mining using cheap labor to extract ores will always be profitable, but obviously, Joe Ga won't allow this situation to continue indefinitely.
As long as it's legitimate and conforms to regulations, the 80/20 rule is the "law of the land."
20% of the people earn big money, 30% barely get by, and the rest go bankrupt and perish.
And this is the scenario when Mr. Joe isn't playing dirty…
What Gami calls "reaping" is first letting those warlords get up and running; then, when Joe Ga is free, he can reap them off.
Joe Ga found this quite terrifying, yet he couldn't come up with a reason to convince Gami to abandon financial thinking when dealing with the current situation in North Kivu Province.
In the future, P·B's core in North Kivu Province will be the bank, which is an important part of the financial industry.
Gami clearly saw what Joe Ga was feeling. She hesitated and then said, "Go have fun with your friends; I'll get professionals to negotiate with those warlords.
Your plan is good for them from any angle and also for the well-being of North Kivu Province.
There's absolutely no need for you to personally convince those people. Even if a bad guy needs to be played, it shouldn't be you..."
As she spoke, Gami looked at Joe Ga who seemed a bit uncomfortable and shook her head with a chuckle, "Hu Lang, you have the most strategic vision of anyone I've met. I honestly didn't expect your understanding of finance to be this simplistic.
Now that we're partners, I'll deal with the things you can't handle.
You just need to perform the leader's responsibilities; leave the rest to me!"
Joe Ga listened and was not at all despondent, he quickly understood the problem...
Looking at Gami, whose eyes were shimmering with the excitement of a faint glimmer, Joe Ga smiled and said, "Have you ever thought that it might be precisely because I don't understand finance that I have been able to get to where I am today?"
Gami nodded decisively and said, "You're right, without your kind of thinking and approach, North Kivu Province would have been totally incapable of integration.
Finance is always just a means to make money after all!
If you had started with the mindset of a financial person, not only would you have been unable to reach today, but also your friends out there would not be as enthusiastic as they are now.
The most ludicrous part of this world is that most people know that tangible assets are the most valuable industry, yet most are unable to resist the temptation of quick money.
If going public could earn you a lifetime's worth of money, then how many people would truly be willing to invest their funds in tangible assets with low returns?"
Read exclusive adventures at My Virtual Library Empire
While saying this, Gami looked into Joe Ga's eyes earnestly and said, "Hu Lang, this time I was hasty, I should have listened to your opinion in full before acting.
I want to apologize, for my rashness and ignorance, I apologize to you!
Actually, according to your idea, North Kivu Province would become a vast gold mine.
I was just instinctively considering maximizing benefits, but that isn't necessarily the right way!
I'm somewhat 'regretful' now because 'not being greedy' is the most important label on you.
If I break that label, it might affect more business in the future."
Big Sister Gami is a woman with unique charm. She is not only independent and forward-thinking in nature, but she also has a very strong ability for self-reflection.
No one truly knows what the future will look like, but when opinions diverge, Gami is the kind of person who is willing to listen and happy to accept the 'victor's' wishes.
Mr. Qiao has proven his logic to be correct many times, so as a collaborator, Gami chose to apologize at the first sign of disagreement and decisively changed course.
This is not superstition, this is an extension of the 'Winner's Rule' and the 'Rule of Influence'!
Before Joe Ga tastes the flavor of failure, any other so-called experience is empty.
Because 'winners' are always unique, respecting their habits, personality, and emotions is the key to continuing and maximizing their success.
Right now, 'details' are what Gami needs to focus on!
Mr. Qiao's plan remains unchanged, but the loan agreement needs to have enough flexibility clauses and not just be simple, brutally financial harvesting clauses.
Even if Mr. Qiao needs to take over most of North Kivu's mining resources in the future, this needs to be done gradually and without harming his image.
Otherwise, when people look back on Joe Ga's dealings here in a few years' time, the business in North Kivu will become a one-off deal, and the attitude of those wanting to cooperate with Mr. Qiao in the future will be a different matter.
Because according to Gami's approach, Mr. Qiao is 'demanding' too much!
Joe Ga was not too angry, he had always felt that in terms of professional skills related to money, he had a gap compared to Gami.
Because this woman had carved out a niche for herself in the dangerous and crazy Wall Street.
Professional, decisive, sharp, now one must add sufficiently self-reflective!
A small misunderstanding isn't much, but Joe Ga thought about most of his net worth being tied up in North Kivu and with a hint of helplessness said, "Gami, I need liquid funds because I have business to do in Liberia and Iraq.
Given the current circumstances, what do you think I should do?"
Hearing this, Gami incredulously said, "Hu Lang, have you thought about how all that money is now in your financial company's account?
Even if you are unwilling to operate in violation of regulations, if you need liquid funds, why can't P·B's American company take out a loan from Butembo's P·B Financial Services company?
You only accepted a $20 million share of the Iraq business, have you thought about the taxes you need to pay?
A loan can offset some of the taxes..."
As she spoke, Gami, watching Joe Ga's cryptic expression, shook her head and said, "Hu Lang, you now need a professional accountant to plan the usage and direction of your money.
You are the best person I've seen at 'financing,' but now I realize you're not just financing 'money'!
In this respect, I might never surpass you, but still, I must say, you do not know how to spend money, so you need some professionals to help you manage it!"