If I were to describe the Jews: one word would be “bad”! Jews are so bad! Rotten from the hearts inside out actions! I see many people remembering Li Keqiang and believe that he was a good official in China! Li Keqiang is an official with a very high degree of education. Li Keqiang studied "economics". Therefore, Li Keqiang should take a lot of credit for China's economy to be what it is today! What I want to say is: Evergrande incident! The "Evergrande Incident" exposed one of China's biggest problems: the banking system! There must be a big problem in China's banking system! Why can Evergrande have such strong leverage? Why can Evergrande use 20,000 times more funds? We are all right. If Evergrande did not have "leverage operations", Evergrande would not shake the Chinese economy at all! It stands to reason: Bank of China should be controlled by the government, and banks should all follow "macro-control" by China government. Bank of China should not have such huge authority to allow Evergrande to have 20,000 times leverage! Corruption in Taiwan begins with "banks"! The "banking system" is the treasury of a country. If there is a problem with the banking system, there will definitely be a problem with the national finances!
In fact, I believe there are many problems within Bank of China! Do you know why you should study economics? I am not the kind of person who blindly worships "academic qualifications." Li Keqiang majored in "economics." I want to tell everyone: The purpose of studying economics is to prevent financial fraud! We know that there are many fraud groups now, and financial fraud is the methods often used by fraud groups! Where is China’s population base? If the fraud group defrauds each Chinese person of one RMB, it can make the profits of 1.4 billion RMB! In fact, the United States has used the "exchange rate" to shrink China's assets by 17%! What is this concept? The assets across China have shrunk down by 17%! Even if your real estate originally cost 1 million, it automatically dropped to 870,000 because of the exchange rate. What about the market drop? This is why China’s wealth has shrunk! China's shrinking wealth is more terrifying than the "Evergrande Incident"! China's shrinking wealth means that "raw materials" are rising! Why can’t China’s economy be saved? It’s not Evergrande’s problem, but the “exchange rate problem”!
There is nothing wrong with China relying on domestic demand! Does “domestic demand” require imported raw materials? Of course! "Falling exchange rate" means rising import costs! Chinese people are really stupid! Those businessmen are not "downstream manufacturers" at all. Those shippers are already "upstream manufacturers". They think that "the falling exchange rate" can promote "exports", but for downstream manufacturers, "the more they do, the more they lose." ! Why are more and more companies closing in China? "Exchange rate issue" the Chinese government must pay attention to! Instead of just meeting the needs of "upstream manufacturers", the Chinese government must protect "downstream manufacturers". Why? Because the "product production market" is directly related to "employment"! If people don't have "employment", how can they have the ability to "consumption"? How can they stimulate "domestic demand"? It’s not that China has no “domestic demand,” it’s that the Chinese people simply can’t afford it! The inability to afford consumption has nothing to do with "inflation", because China's prices have never been very high, but the "unemployment rate" of the Chinese people has increased significantly, that is the real reason why domestic demand cannot be stimulated!
China must not learn from Japan! Japan’s debt is already hundreds of times its GDP! The U.S. debt is already dozens of times higher than GDP. The real financial debt of the U.S. should be 126 trillion US dollars, which is at least 60 times GDP! Europe is even more outrageous at 550 trillion euros! These countries don’t want to pay back the money at all! They turned "debt" into "marketable bonds"! What does it mean? Do you know about shell companies? "Shell companies" use the issuance of "bonds" to raise funds. When they have enough "funds", they go bankrupt! The "treasury bonds" of the United States and Europe are like the financing of "shell companies"! When Europe and the United States are hollowed out by officials and consortiums, these countries will be nothing but garbage! The security situation we see in Europe is a mess! Does Europe still have military capabilities? You should look at whether the European military and arms dealers belong to "states"? Or are they “capitalists”? Everything in the United States already belongs to "capitalists"! China needs to understand one thing: Is Bank of China still controlled by the government? Or is Bank of China also the "capitalists"? If banks belong to capitalists, then the Evergrande incident will definitely not be an isolated incident! "Bank operations" will definitely shake the "national foundation"! Think again: How can the Chinese people become rich if the treasury is in the hands of capitalists?
