Stock market you made money, property market you made money. Please don't be happy yet, you are just digging a hole for yourself. To put it bluntly, you are your gravedigger. There is money, everyone who does not look forward to, but, money is relative, but also the most unreliable. During the financial crisis in Southeast Asia, how many people cried and cried to sell their local currencies and exchange them for dollars. So if you make money today, you are merely enjoying the pleasure brought by ecstasy. It is better to think about how to cooperate with the country, do something to preserve the fruits of victory . The U.S. financial war has long been on, and China is in a difficult position! Now many people are very concerned about the topic of RMB appreciation, but do not understand the United States to force the appreciation of the RMB's true intentions, and now my humble humble expression of my personal views on this! I believe that everyone on the 80's "Japan's economic recession" and 90's "Asian financial turmoil" and "Hong Kong's Hong Kong financial defense war" it! Some people may say that it is an international speculative group "U.S. Soros consortium" to engage in, but you have not thought about it behind the U.S. Government is not supported? Below, I carefully analyze the causes and consequences of these events you will understand. From 1980, especially from 1990 to 1995, what was the difference in GDP between the United States, which was in first place, and Japan, which was in second place? Japan's GDP was more than half of the U.S. GDP! That's the only time so far that the economic gap between any other country and the U.S. has narrowed to half. The Japanese are cheering: once they surpass the U.S. GDP, Japan will be back to being a "normal country"! The Americans were silent. In theory, Japan is still an ally of the U.S., and its economy is also supported by the U.S. The U.S. does not have the need to split Japan (if it wanted to split, it would have done so during World War II, and it would not have had to wait until the 80's and 90's). The U.S. is also unlikely to use "subversive incitement" against its ally Japan, and the U.S. is not likely to be able to stop Japan's economic development prospects! The world is excitedly awaiting the "historic moment" when Japan's GDP exceeds that of the United States! Japanese companies are even more frantic. Rockefeller Plaza, the symbol of the American economy, has been bought by the Japanese! Hollywood, the symbol of American spirit, was bought by the Japanese! The mood of the American people fell to the bottom. The "world's number one" is on the verge of collapse! The American people's sense of honor plummeted, and hatred of Japan began to spread, and by 1980, Japan's GDP was almost half that of the United States. One thing happened in 1985, the United States in 1985, the other five countries (Group of Seven) to force Japan to sign. To "administrative means" to force the yen to appreciate. In fact, one of the central idea is that the Bank of Japan shall not "excessive" intervention in the foreign exchange market. Japan had sufficient dollar foreign exchange reserves on hand, if the Bank of Japan intervention, the yen can not rise in value. Unfortunately, Japan is a eunuch who has been de-powered. The United States garrison, political infiltration, even the Constitution are Americans to help it customized, want not to sign the Plaza Agreement are impossible. Japan's final end we all know. 1985 September of the Plaza Accord to the beginning of 1988, the United States asked the yen to appreciate. The U.S. demanded that the yen appreciate. According to the agreement to push up the yen, the yen against the dollar rose from 240 yen per dollar before the agreement to 160 yen per dollar in May 1986 . As the Reagan administration in the United States insisted that the appreciation of the yen was still not in place, it continued to push up the yen through verbal intervention and other forms. In this way, to the beginning of 1988, the yen against the dollar exchange rate rose further to 1 dollar to 120 yen, just before the Plaza agreement than the exchange rate rose twice. Americans satisfied? No. Then look down, from February 1993 to April 1995, the Clinton administration's Secretary of the Treasury Bates made it clear that, in order to correct the imbalance of Japan-US trade, there needs to be about 20% appreciation of the yen, the yen exchange rate at that time is roughly in the dollar to 120 yen or so, so, in accordance with the U.S. government's goal of inducing the Japanese yen market quickly rose to 1 U.S. dollar to 100 yen. Later, as the Clinton administration took a harsher stance on Japan-U.S. economic relations centered on the auto friction. By April 1995, the yen's exchange rate had risen sharply to 79 yen to the dollar, a record high. What were the consequences of the yen's appreciation? Rockefeller Plaza was back in American hands, and General Motors netted $400 million in a sale and purchase of this plaza! Japanese capital exited the U.S. at a massive loss as they struggled to get by. The American people have triumphed! Successfully repelled Japan's economic attack! We can look at the example after 1995, Japan and the United States of America's GDP ratio re-opened the distance, and more and more! Maybe some of you still don't get it, what's wrong with the appreciation of the yen? What does it have to do with what we are talking about? The appreciation of the yen is the United States of America on Japan's economic blockade! Successful development of Japan's wealth for more than 20 years transferred to the United States to go.
I'll give you an example of this.
Suppose I am a U.S. consortium, of course, I know what will happen in 1985, assuming that I was in 1983, I used $ 10 billion into 24,000 billion yen, to enter the Japanese market, buy Japanese stocks and real estate, the Japanese economy boom led to the stock market and real estate went crazy like a rise in the Plaza Accord was signed in 1985, the yen began to appreciate to the beginning of 1988, the stock market and real estate assuming I have made a profit to the beginning of the year. Stock market and real estate assumption that I have earned double (5 years to double is the lowest assumption), that is 4,800 billion yen. At this point, the yen appreciated to 1:120. i sold off my Japanese real estate and stocks in one year and converted them back to dollars, so that would be $40 billion! Over the course of 5 years, I net $30 billion! (still the lowest assumption). And what about Japan? The sudden departure of huge amounts of foreign investment led to the collapse of the Japanese economy! The economic term for this is "bubble bursting". That's what they call "The Lost Decade" in Japan. And I returned to the U.S. with interest of 40 billion dollars, think about it, the U.S. economy can not thrive it! Japan's "lost decade", but it is the United States "boom decade"! Just look at my table above. I'm only talking about one of the American consortiums, what about the others? Hey, and my assumption is only to 1988, if it is to 1995, the yen appreciated to 1:79, you and I can imagine the United States in this economic war victory, in the end, from Japan scraped away how much wealth? The U.S. made enough that the yen is now back at 1:140 and the dollar remains as strong as it was 30 years ago! The temporary devaluation of the dollar has not harmed its international standing. This economic war between the US and Japan ended in a complete victory for the US! The Americans were addicted to the game. 1998, the same maneuver came again on the four little dragons and four little tigers in Southeast Asia, which was the Asian financial turmoil! The only difference, this time there is no need for the Plaza Agreement. Because these Asian small tigers and dragons of foreign exchange reserves can be directly blocked to win big! However, still did not win over the wealthy, strong military, practicing hegemony of the United States, the end we all see, Southeast Asian currencies in the first rise and then fall in the fruits of economic development by the United States looted! The only market that withstood Soros' attack without economic collapse was Hong Kong after the handover, preserving the fruits of Hong Kong's decades of development. At that time, Soros mobilized world public opinion (including public opinion in Hong Kong), attacked the Hong Kong government (Chinese government) "administrative intervention in the market", violation of the rules of the market economy, there is no democracy and freedom, if China at that time succumbed to the world's public opinion pressure and do not use "macro-control" to intervene in the market. "
The first time I've ever seen the world's most popular TV show, I've seen the world's most popular TV show!
Then Donald Tsang later said, "The night before I decided that the government should intervene in the market, I sat on my bed and cried, not for myself, but for fear that if the decision was wrong, and if it harmed Hong Kong, how would I explain it to the central government and to the public." We now know why the United States has repeatedly demanded that the "freedom of the press", "market economy" and "democracy and human rights" of other countries be based on its own interests, and why our country's "macro-control" has not been implemented. know the correctness and advantages of our country's "macro-control" policy. Did the United States stop? No, because I over the comprehensive power of the growth of national strength threatened the fundamental interests of the United States and the authority of the "world first", recently "China openly support Annan in trouble because of his son's scandal, accusing the United States of intentionally using the subject of the attack on his life." This is the best proof. So the U.S. heart will not be happy, we have to fix people, and now forced the appreciation of the RMB is the first step to weaken China, do you understand? Know why the central government suddenly cracked down on the real estate market in Shanghai and Beijing? Do you know why China's stock market is so bad? Central bank governor Zhou Xiaochuan in March or April had said one thing: "There is a $ 4 billion foreign investment in Shanghai real estate speculation, has withdrawn from China such foreign investment, do not want it!" Understand? China's stock market is a weak stock market, easily exploited by the U.S. consortium.
It is impossible for the central government to loosen its grip on the stock market, or China's economy will collapse under the attack of foreign investment! Some time ago, in early December this year, another $24 billion foreign consortium withdrew from Shanghai, China. Now, you have an understanding of the advantages of the country's macro-control, and know how wise and timely it is for the country to introduce so many policies aimed at real estate! Now you know why China has to implement national foreign exchange control, exchange rate control, suppression of real estate, control of the stock market, know why China has to maintain huge foreign exchange reserves, why the central bank recently introduced a new real estate loan regulations, why the Chinese government has been asking for a balance of trade between imports and exports, why the expansion of Southeast Asia trade market and the European Union market, and why to add the WTO.
In fact, the economic war between China and the United States, has long been opened, and back and forth over hundreds of moves. Most of our netizens are still clueless only staring at the Taiwan Strait, staring at the Central Asia U.S. troops have another military base. It is important to realize that the catastrophe of economic collapse is far more serious than the consequences of a military war. There are only two kinds of military wars: "wars of aggression" and "wars of defense". The ultimate goal of the military "war of aggression" is to defeat the other side of everything (military and economic strength) to achieve the occupation of the other side of the territory, resource plunder and control enslavement and exploitation of the other side of the nationals.
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This kind of thing did not happen in China's history, and I won't give examples here. But nowadays, the United States is to use the military war of aggression as a means to achieve the real intention of slavery and exploitation of each other for the purpose of (for the weak countries), look at today's "Iraq" to understand, the United States is actually the invasion and occupation of Iraq, control of Iraqi oil, in order to meet the United States of America's domestic demand for a huge amount; and for the strong former Soviet Union, the United States of America is the only country in the world that has a large amount of oil. The US had to launch an economic attack to bring them down, and the breakup of the USSR was the best example of this.
Some people may say that the arms race during the Cold War and the domestic policy of the Soviet Union led to the collapse of the Soviet Union due to economic collapse. However, have you ever thought that conducting an arms race is based on economic strength. At that time, the United States was economically stronger than the Soviet Union, so the United States won and the Soviet Union collapsed. Now it is our turn. Our economic and military strength is not as strong as that of the Soviet Union during the Cold War. The same thing is that we also possess nuclear weapons for the destruction of the United States, only that the number of such weapons is a bit less. Then, in this round, it is up to the wisdom of our leaders to establish a rational policy to avoid risk and protect themselves is a priority (happily, now we are already doing so).
However, the United States has not been idle, and, as the first step in the economic attack they have taken early, to the United States "Carlyle Consortium" such a world speculative consortium to buy China's "Xuzhou Heavy Industry" such things have happened! There have been many, and I will not cite them all here. Their purpose is very clear, to control China's core technology, to carry out a worldwide technology monopoly. At the same time take advantage of the exchange rate did not change before the dollar to take the yuan, forcing China's central bank to issue a large number of yuan to cope with the demand for a large number of currency exchanges, in order to drag down China's economy to lay the groundwork. This is still a clear entry, the secret is even more impossible to count.
Having said that, there may be a lot of people who do not understand what the behavior of a large number of dollars for RMB has to do with dragging down the Chinese economy. Here, let me explain: under normal circumstances, without a large number of U.S. consortiums maliciously pouring into China with a large number of U.S. dollars in exchange for the yuan, the form of our economy is relatively stable, the number of yuan issued by our country should be equal to the amount of wealth accumulated by the people of our country.
And a large number of malicious foreign consortiums of money pouring into China, the need to exchange a large number of yuan, so that the number of domestic yuan in circulation greatly exceeds the number of wealth accumulated by our people. And all of these yuan into a small number of areas, ostensibly to boost our economy, so that the domestic consumption becomes larger, in fact, also makes the asset prices rose sharply. According to statistics, there are currently 136 trillion dollars invested in the international financial market. Among them, as long as there is 1% or 1.36 trillion dollars pouring into China for speculative operations, according to the current exchange rate, China will have to issue 10.6 trillion yuan. If the RMB appreciates by 15%, they then use the RMB on hand to obtain US dollars, they will exchange back 1.56 trillion US dollars, while China's foreign exchange reserves are 0.2 trillion US dollars, that is to say, one in one out, these investment funds more than 200 billion US dollars, while China has been acting as a sweatshop for so many years to earn the existence of 200 billion US dollars in the treasury one point is not left, leaving China is the first time to cope with the 1.36 trillion US dollars and issue the RMB, but also the RMB, the RMB and the US dollar. 1.36 trillion dollars and the issuance of 10.6 trillion yuan. 2006 China's GDP is 20 trillion, the goods are so much, but the money is 10.6 trillion more, that means that all the goods have to be discounted to the original 2 / 3. Panic will spread in society, speculators in order to cash in the hands of the house may be out of 70% discount, 60%, or even 30% off the hands of the house. A large number of people bankruptcy, involving bank insolvency, the entire country's economic collapse, our hands of wealth is worthless. At that time, the people of China and even the world will lose confidence in China, no longer reserve and use or even sell their reserves of yuan, so that China's foreign trade activities suffered a setback, which ultimately led to China's domestic inflation, and externally led to a credibility crisis and thus led to a financial crisis. It is like the inflation in the 1940s when a box of matches cost several hundred dollars. If our government makes a wrong decision on the RMB exchange rate this time, then the economic achievements of China's reform and opening up in the past 30 years may fall into other people's hands. Recently, the domestic economic situation is not optimistic, objectively speaking. In theory, the appreciation of the yuan, that is to say, the money is worth money, should be before 1 yuan of things now as long as 9 or even 80 cents can be bought; but now the domestic form, in addition to wages did not rise outside the rest of the rise.
Xinhua reported that: since the beginning of August 2006, the Beijing market price of edible oil shock rose. In November, the price of rice, noodles, vegetables and food prices have climbed to different degrees. Reports attributed the rise in edible oil prices to the impact of rising prices in the international soybean market. However, rice and noodles followed the trend and went up, with 25-kilogram packages of rich and strong flour rising by more than 12% and 500 grams of rice rising by 6 cents. It is understood that in Shanghai, Guangzhou, Shenzhen, food and oil and other necessities of life has been up and up again, and continued for more than a month, of which flour, cooking oil, the highest rate of increase has been up to 10% and 20% respectively.
[ Transferred from the Iron Blood Community / ]
Agricultural and sideline products prices show that our economy is developing and improving. At the same time, to increase the price of agricultural and sideline products to increase the income of farmers, to maintain social stability, to the development of the country to provide a good domestic environment, the development of the country is good, because the number of Chinese farmers, after all, accounted for the proportion of the total population of more than 70% of the well. However, these four major cities in China's price increases in the necessities of life is no accident. Macro-controls that have lasted for more than seven months have not stabilized housing prices, but on the contrary, have led to the escalation of housing prices. Some economists have long warned that the real estate bubble will lead to inflation, and inflation will trigger an economic crisis. However, this voice is too weak, and nowadays there are signs that inflation is approaching us step by step.
Comparing Tokyo in 1996, Hong Kong in 1997, and the four major cities of Beijing, Shanghai, Guangzhou, and Shenzhen where housing prices remain high, the signs of a real estate bubble before it bursts have already appeared. Local governments that try to continue to inflate prices for their own personal gain will be mercilessly punished by the laws of the economy. Because this round of inflation is issued in an unguarded situation, may not be officially recognized, but it really has come. This budding inflation has chosen the best time to cause an economic crisis - the New Year's Day and before the Chinese New Year in 2007. Therefore, it is much more harmful and destructive. If the price of instant noodles starts to rise one day, this economic crisis can no longer be contained. The price hikes of firewood, rice, oil and salt, water, electricity, gas and steam in turn and across the board will not have any impact on the normal life of the rich and powerful in China, but millions of ordinary citizens will have to pay more wealth to maintain the same standard of living as before, that is to say, China's high prices, indirectly, are paid for by the ordinary city dwellers, the nationals of Japan is to spend 15 years, and Hong Kong's citizens is to spend 14 years. So how many years will it take for China's urban residents? To cope with the coming inflation, the country naturally has financial means. However, China's Renminbi has been attacked by the US dollar in the international market and has appreciated by as much as 5% within a year, and there is still room for further appreciation. China's trade surplus will gradually shrink in the appreciation of the RMB, and the risks in the international market are already intensifying. And the domestic market price increases in all aspects of daily necessities, will directly affect consumption. Finally, forcing the central bank to increase the issuance of yuan, China's inflation broke out. This crisis may also be close at hand. The yuan's current encounter in the international currency market is China's exchange rate reform has not been the case since, we now know what the United States to do? However, it is not yet up to us to get the international market sorted out, and the RMB is again such an embarrassment at home. Driven by the price hike of real estate, the prices of daily necessities have increased across the board, creating two very different markets, international and domestic. In a sense, such a market will move towards excessive speculation in capital. To put it bluntly, internally will exacerbate the polarization of the rich and poor in Chinese society, externally to the capital predators can take advantage of the opportunity. If analyzed more y, the yuan seems to be under siege from different quarters, trying to gradually eat away at the fruits of China's 30-odd years of economic development. The next step will be a further increase in the rate of increase in essential commodities, a further decline in the purchasing power of the public, a further shrinkage of the domestic market, China's production capacity will be further overcapacity, and finally, will inevitably lead to a large number of small and medium-sized enterprises to go bankrupt, and the economic crisis said to be on the way.
Really want to resolve this crisis, the current economic situation, further increase the intensity of macro-control, rationalize the management system of the real estate market, to take strong measures, resolutely bring down the price of housing, so that the city residents in the process of the decline in housing prices to feel the strength of China's economy, so as to enhance the confidence in the future. Perhaps, this is one of the most important things that should be done at present, although some superficial work has been done. We have to be sober to see the harmful effects of high housing prices, especially the destruction of Chinese society is unprecedented. Perhaps there is no need to be overly pessimistic just yet; everything should turn around. Everyone knows that China's economy has a major problem, like a high-speed train with obvious faults, rumbling forward, do not know when it will be derailed or subverted. Some economists are predicting a hard landing for the Chinese economy in 2008, when social unrest is inevitable.
So, out of such a big problem, and the crux of the problem in the end?
Ma Xiaohe, an expert from the NDRC, pointed out that our country is evolving from a certain aspect of excess to total excess. Due to overcapacity, domestic demand is not strong, China's products are forced to export, but also led to a large number of trade friction, over-reliance on the international market is becoming increasingly risky. Ma Xiaohe cited the example of the Chinese providing a pair of shoes to everyone in the world, which shows how much overcapacity there is in shoes. on November 23, 2006, Su Ning, vice governor of the central bank, also said that China's final consumption as a proportion of GDP had fallen from over 62% in the 1980s to 52.1% in 2005, and the consumption rate of residents had fallen from 48.8% in 1991 to 38.2% in 2005, both of which reached historical proportions. 38.2%, both reaching historical lows. While China's consumption rate continues to fall, the world's average consumption rate reaches 78%-79%, which is a big difference between heaven and earth. Above two, one is a macroeconomic experts, a financial authority, but pointed out a **** the same problem, that is, because of domestic demand is not strong and lead to overcapacity, once the international market appeared to be a big risk, China will have thousands of industrial enterprises face the danger of survival.
Let's take a look at recent years to promote China's rapid economic development of the driving force is what: if the overall picture of China's economy can be found to promote China's rapid economic growth, one is investment, the second is the consumption, three is exported, it can be said that this is the parallel drive of the "Troika." However, in China's practice is "heavy investment, heavy exports, light consumption," which is the surface of the problem. Why do Chinese people "emphasize investment, export, light consumption," it? Knowing that consumption is a productive force, no consumption is no productive force, this is an obvious economic common sense, but in the layout of macroeconomic development, even Marx's theory of surplus value are not taken into account?
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Then carefully analyze, will find a very interesting phenomenon: First, the local government heavy investment in the first few years of the performance of the "development zone" hot, and later is the "capital" hot, and then later is now the "real estate". The "real estate" hot; Second, large and medium-sized enterprises heavy industrial products exports, whether listed or private enterprises, as long as the formation of the production scale, the vision are aimed at the international market, large automobiles, home appliances, small shoes, socks, lighters, a brain export. In terms of "investment" heat, high prices ring away the people and even two generations of wealth, there is a generation of heavy debt; on the "export" heat, the trade surplus continues to worsen, trade friction continues to increase, the pressure to appreciate the yuan is getting bigger and bigger.
Some economists have analyzed, the yuan since the exchange rate reform has appreciated 5%, the current situation is likely to 2007, a year will be appreciated 5%, equivalent to the first 10 years of the total magnitude of the appreciation. So what are the consequences of this? Many economists are very secretive. I can boldly tell you that the consequence is that a large number of Renminbi flows out of the country through different channels, and international money laundering forces take the opportunity to intervene, and they can even whitewash the money of corrupt Chinese officials. It can be said that before 2007, only heard of foreigners to China to money laundering, this situation will therefore change, the Chinese people finally to foreign countries to money laundering. Say a little more in-depth, that is, the wealth created by the Chinese people were quietly "stolen". Development and Reform Commission expert Mr. Ma Xiaohe words, see how to solve the problem of overcapacity. In fact, it is very simple, the solution to overcapacity is to stimulate consumption, and the only way to stimulate consumption is to reduce housing prices. Housing prices do not fall, the Chinese people's expectations of the future will produce greater pressure and dare not consume, and part of the house slaves into no money to spend. Mr. Ma Xiaohe said, half of China's industrial utilization rate is less than 50%, so in order to reduce the risk, we must expand domestic demand. And how can domestic demand be expanded? The consumption rate of Chinese residents is 38.2%, the world average consumption rate is 78%-79%, the average house price to income ratio of Chinese residents is one to ten, the world average house price to income ratio is one to five. Comparison of the two, the crux of China's economic problems are exposed, is ridiculously high housing prices will be Chinese residents of the wealth raided, but also to take what to consume it? So the Chinese people's consumption rate hit a record low. Some experts predict that China's housing prices every decline in a point, will be for the market a year to increase consumption of more than 10 billion, and China's housing prices from the first three quarters of 2006 on the integrated average price, at least 30% more than the decline in space, that is to say, as long as China's housing prices fell by 30%, China's market a year will increase the total amount of consumption of 300 billion, the problems of the Chinese economy is also resolved, and the Chinese people have also from now on The Chinese people will be able to live a good life from now on. On the contrary, if our leaders do not control the situation well, our economy will collapse. We all know that we are now in the international environment how bad, in the face of the current complex international situation, China must have the ability to win two wars, one is a military war, the second is an economic war. The use of war to seize the wealth of others in other countries is very common in human history. It can still be seen even today in the 21st century. In order to protect the lives and property of the Chinese people, as well as possible outbreaks of military conflict, China must build a strong army, a strong navy, a strong air force and a strong celestial army (space force).
As mankind enters the 21st century, whoever occupies the high ground of space will hold the initiative of future war. Any idea of space demilitarization can only be a daydream! The sages have said it well: Being backward is to be beaten! Only when China has the strength to completely destroy its opponents will others not dare to bully China. Meanwhile, as mankind enters the 21st century, due to the globalization of international exchanges and trade, a new kind of war ---- economic war has replaced military war as the main means for one part of the world to seize the property of the other part of the world today.The financial turmoil in Southeast Asia in 1997 is an example of economic war. The economies of the backward Southeast Asian countries were dealt a major blow. International financial speculators used economic means to achieve goals that previously would have been reached only by means of war.
In the financial defense of Hong Kong a little later, Donald Tsang, then Hong Kong's chief secretary for administration, and Yam Chi-kwong, the financial secretary, intervened in Hong Kong's stock market with a large amount of foreign exchange reserves, with the support of China's central government. The Chinese central government sent two deputy governors of the central bank to Hong Kong and asked all Chinese organizations in Hong Kong to give full support to the Hong Kong government's action to support the market. After several months of battle, the Hong Kong Government successfully repelled the attempts of international financial speculators to use Hong Kong as an ATM. That fight was so fierce that a 1-point change in the Hong Kong Hang Seng Index would result in a difference of HK$230 million in futures trading. Although many years have passed since the battle for the defense of Hong Kong's finances, I have always wondered whether it would have been possible for the "Eight-Power Allied Forces" to attack Hong Kong if there had not been a strong China to back it up. After all, the Hong Kong Government's intervention in the Hong Kong stock market violates the "rules" of the mainstream international community. The $500 million loss of China National Aviation Oil (Singapore) in the international oil futures market and the loss of a Chinese State-owned Assets Supervision and Administration Commission (SASAC) employee's investment in London during the same period show that China still has a lot to learn about the financial markets.
On oil alone, China now spends tens of billions of dollars more each year. Now is what China needs, the international commodity market will rise what. It can be said that the "rob you without negotiation".
However, the price of oil and other commodities on the Chinese economy is not the most serious harm. The real possibility of serious harm to the Chinese economy is the RMB exchange rate system and the rising real estate market. I always feel that some people want to use the RMB exchange rate as a breakthrough to bring down China's economy and take away the economic gains of the Chinese people. I seem to smell the gunpowder of a military war from the cries for RMB appreciation and free floating. Now there is an argument that talks better than it sings, let the exchange rate of Renminbi float freely and let the market decide. Is the market determined by a ghost? Being determined by the market sounds quite fair, and everyone is entitled to it. But if you analyze it carefully, which market in the world is not controlled by a few people? Let the RMB exchange rate be determined by the market, to put it bluntly, it is determined by them.
[ Transferred from Iron Blood Community / ]
The Chinese government and people must not forget the financial turmoil in Southeast Asia in 1997. A significant portion of the foreign investment now is a buried ambush. They are just waiting for the United States to slam China's door open (the yuan exchange rate free floating) and hold the yuan up to the sky for profiteering. In short, China must build a strong army, a strong navy, a strong air force and a strong space force to cope with possible military wars. At the same time, China must build a financial "iron army" that loves the country, has an international outlook, and is well versed in the rules of international competition in order to cope with economic wars. Only in this way will China's security and people's wealth be protected! Chinese people who want to live a good life and not go bankrupt should read this article! Chinese who want to live a good life and not go bankrupt, all come to read this article! Chinese people who want to live a good life and not go bankrupt, all come to read this article!!!! And I hope that the majority of users will forward the article to friends, I hope the obsessed countrymen wake up as soon as possible!