Rebirth: From arcade game to business empire

On 16 October 1973, the Organization of the Petroleum Exporting Countries decided to raise the price of oil.

On October 17, 1973, the oil-producing countries decided to reduce oil production and imposed an oil embargo on the advanced capitalist countries of the West.

There is no doubt that the practice of oil-producing countries has greatly affected the western developed countries, especially Western Europe and island countries, most of the oil used by oil-producing countries comes from oil-producing countries, and a large part of the oil used by rice countries also comes from oil-producing countries.

The charter king was shocked!

He never expected that he would have such a big crisis in less than six days after he had only transported the oil.

It's only been six days!

The charter king couldn't help but gasp.

Looking at this posture, the price increase of oil is definitely not a small number.

Lin Mu made a lot of money this time.

These oils alone.

The charter king couldn't help but ponder that the oil in his warehouse was enough for Xiangjiang to last at least a year, or even longer.

I'm a man!

The charter boat king is now simply impressed by Lin Mu.

Ordinary people really can't do this step of Lin Mu, and they can easily make so much money.

The most important thing is that others don't know, but the charter king knows that Lin Mu directly bought a few oil fields in the oil-producing countries, and it is impossible for the oil-producing countries to break away from the world organization, so they will definitely not raise prices and embargo for a long time.

As long as it is not a price increase and an embargo, the price of oil will definitely soar, and at that time, Lin Mu will not be so happy that he will fly.

This is a real family mine, and it is the most valuable black gold.

In fact, price increases and embargoes immediately threw Western economies into chaos.

Before the price increase, the price of oil was only 3.01 US dollars per barrel, and by the end of 1973, the price of oil reached 11.651 US dollars per barrel, an increase of 3~4 times.

The increase in oil prices greatly increased the balance of payments deficits of Western powers, and eventually triggered the largest economic crisis in the post-war capitalist world in 1973~1975.

It was at this time that the Eagle people raised the tariffs on Xiangjiang and canceled the preferential tax policy for some cotton yarn and cotton spinning in the British Territory.

However, none of this is so important.

Lin Mu began to move again.

Because the price increase and embargo of oil have had a great impact on Hong Kong, the six major oil suppliers of Eagle Rice, which have been dominating the energy market in Hong Kong, announced that they will increase the price of oil and related products from October 18, citing the rise in international oil prices, to increase the price of oil and related products by 4.5% in just one day, which has greatly affected many oil-consuming industries such as transportation, plastic production and chemical fiber manufacturing.

Another day later, the big six oil companies again raised their selling prices, citing higher costs, this time by about 5.0% overall.

On October 25, the six major oil companies announced a third increase in oil prices, this time by an average of 4.5%, citing a sharp drop in international crude oil supply.

In just a few days, oil prices have skyrocketed by nearly 15 percent.

I have to say that Xiangjiang is okay, but the increase in the price of oil in the island country is even more terrifying.

In the face of rising oil prices, the Hong Kong government announced on November 10 the establishment of an oil policy committee to study policies and measures to deal with the oil shortage.

As soon as the news came out, Xiangjiang was in mourning, and after nine o'clock in the evening, the flickering lights were almost all extinguished. It's hard to find a job, and no one even asks for a job as a factory handyman.

Even during the day, the factory is open for half a day and half a day off.

Cinemas were not allowed to open, and all appliances were stopped.

This is quite a horrible phenomenon.

It was originally a stock market crash, but now it is still facing a huge oil shortage.

As a result, unemployment has skyrocketed.

In 1973 and 1975, the stock market in Hong Kong was turbulent, difficult and calculus.

The sharp fall of the stock market from its peak has caused some blind investors to "lose their top" in the stock market, and the subsequent outbreak of the global oil crisis has caused the market to "recover weakly and deteriorate".

As a matter of fact, under the impact of the silent investment atmosphere and the sharp rise in operating costs, the stock market is no longer a problem of being sluggish, and the situation of all walks of life being precarious and going bankrupt has caused the economy to be in a depression and the unemployed army to record new highs.

The recession has hit the industry the hardest.

More and more factories are shutting down, and even those that are able to maintain operations are reducing the number of working days, which is increasing the number of unemployed or semi-unemployed. It is estimated that the number of unemployed people in Hong Kong as a whole has exceeded 200,000, and if the number of industrial employment is 1 million, it has reached 20 percent.

This is still built in Lin Mu's factory, even after the power outage, no one was fired.

Of course, Lin Mu also lowered the wages of workers.

Before he won Wheelock and Hutchison, Lin Mu could still afford these losses.

On top of that, all walks of life are firing employees.

It's like a scene of extreme depression.

It can be said that a period of rapid economic recession after the stock market crash has caught many companies off guard, even thrown into disarray, and has led to a domino-like cascade of business failures and soaring unemployment.

For such a situation, Wheelock & Co. was completely anxious, and John Madden felt more and more that something was wrong, and he even felt that maybe in the near future, the entire Xiangjiang River would be completely out of play and become a desert in the entire Far East.

On top of that, Lin Mu's factory was also shut down.

Moreover, Lin Mu said that he was going to visit him in person before, but now he doesn't put it away, and he just hangs himself here.

John Madden was in a hurry.

He hurried to Lin Mu's office, wanting to meet Lin Mu, he now felt that every second was a great torment.

He didn't want Wheelock or these assets, he just wanted to return to the Eagle Country with his wealth, to his own country.

He's going to collapse!

In the office, Lin Mu slowly made himself a pot of tea, slowly played with the cup in his hand, and listened to Zuo Shi come to report the news, he smiled faintly: "Inform him, in five minutes, I will meet him!"

Zuo Shi immediately smiled and nodded.

"Wheelock!" Lin Mu sighed softly, then lifted the brush and wrote the three words Wheelock on rice paper.

Because of the system, Lin Mu's calligraphy is still quite good-looking.

Then, Lin Mu took a closer look, and little by little put the three words Wheelock into three crosses.

Soon after, Wheelock was its own.