There have always been two different models of development in the world, one is the Western market model represented by the United States, and the other is the planning model represented by the Soviet Union. During the period when the Soviet Union was strong, the Soviet model once led the trend of the world and brought great competitive pressure to the United States.
But with the collapse of the USSR, the Soviet model was also rejected by the West. Then the West began to suppress us, because we are now following our own path, and not only did it go through, but in a few decades it caught up, surpassing all other countries except the United States.
Of course, we know whether this path is correct or not, but under the dualistic thinking of the West, it is either one or the other, and as long as it is a different path from theirs, they cannot accept it. So what we have felt over the years is that no matter what we do, in the eyes of the West, we must compete with each other in order to prove their superiority.
Economically, they demand that we must follow their standards, otherwise we will not be recognized as a market economy. It's the same when it comes to epidemic prevention and control, they think that only their model is correct. Then we can compare the economic development of the United States in the past three years and see whether the so-called Western model is really doing better than us
The recovering United States Since the outbreak of a large-scale epidemic in the United States, this year is the third year, and what kind of development path did the United States choose in the face of epidemic prevention and control and economic development?
We can see that in 2020, due to the impact of the epidemic, the United States ** experienced a crashing plunge. The Dow Jones index fell from more than 29,000 points to more than 18,000 points in one fell swoop, a full 10,000 points, but the United States was not ready for such a crash shock, and in order to avoid a financial crisis and economic crisis, it had to carry out a large release.
Since 2008, the United States has carried out rounds of large-scale water release in order to stimulate the economy that has been sluggish. However, with the diminishing marginal effect, the stimulus effect of water release has become smaller and smaller, so when there is a crash crisis in 2020, the water release stimulus policy launched by the Federal Reserve is the ultimate big move, unlimited water release.
Even with the impact of the epidemic, the U.S. stock market stabilized, and although the U.S. economy was also affected to a certain extent, fortunately, there were no irreparable consequences, and the economy gradually returned to positive growth after a short shock.
We look at the two years from 2020 to 2021, which can be seen as a repair process for the US economy, and then in 2022, according to many experts, the US economy has returned to normal and is back on the right track of growth. Why do you say that?Because the Fed started raising interest rates in 2022.
By withdrawing from easing and starting to raise interest rates, US officials also believe that the US economy is growing strongly and that the basic conditions for financial tightening are in place. Because on the other hand, the United States was infinitely releasing water in order to save the economy at that time, and its first *
Then the United States carries out financial tightening, and if the economic growth does not have a solid foundation, it is easy to collapse, which is commonly known as the Great Depression. Therefore, many people look for some data from various aspects to prove that the U.S. economy is recovering well.
Chief among these are two pieces of evidence.
The first evidence is that the GDP growth in the third quarter of this year returned to positive against the backdrop of continuous interest rate hikes in the United States. Since the United States unexpectedly experienced negative quarter-on-quarter growth in the first two quarters of this year, many people are worried that the economy may fall into recession due to interest rate hikes in the United States. But the positive growth in the third quarter gave them a boost and announced to the outside world that the economic growth of the United States was guaranteed.
This is one of the main arguments they use to refute that the United States can afford to raise interest rates, but on the other hand, they are covering up another fact, that is, the fact that the United States creates a financial cycle, cuts interest rates and releases water, and then raises interest rates to collect water, is a financial harvest all over the world.
Why is it a cover-up?It is because they believe that the financial cycle of the United States is only related to the state of the American economy, and the status of the dollar as an international currency in the world does not seem to cause danger and trouble to the world, but in fact, the whole world knows whether this is the case.
The second piece of evidence, which they often talk about, is that the unemployment rate in the United States continues to be low. Why do many people talk about the fact that the unemployment rate in the United States is very low?The most important thing is that they are emphasizing one thing, saying that the economic recovery in the United States is very good, the United States is now free of the epidemic, and a large number of jobs cannot be recruited, so the unemployment rate is very low.
In fact, they want to use this data to prove that the United States has gotten rid of the impact of the epidemic, and then to prove the correctness and advancement of the American model.
The United States, supported by this evidence, looks like an economy is recovering, the country is growing, and an America has a bright future. But on the other hand, the United States is constantly arching the flames around the world, and there is a sense of urgency and crisis that time cannot wait, as if the growth of the United States and the foundation of the economy are not as good as they seem to the outside world.