Although the US economy is facing serious difficulties, Biden still decided to attack China in the event of a "fire" in his own home. Why is Biden acting the way he does? How is China reacting to this?
The current situation in the United States is also not optimistic, especially the problem of US debt, which is out of control. Not long ago, the US Treasury Department released a report on the total volume of US national debt, which for the first time in history exceeded the $34 trillion mark. Some people believe that such a heavy debt burden will cause Biden's ** department to "shut down", resulting in workers not being able to pay their wages.
However, the problem of inflation in the United States cannot be ignored either. For nearly two years, Americans have been plagued by high prices. However, the United States is doing so at a speed that is visible to the naked eye. For example, the one-yuan two-yuan bun, one yuan and one yuan, which makes Americans feel a little comforted, at least their current economic situation is slightly better. However, some ** polls show that Americans' wages fell more sharply last year, more than **, thus reducing Americans' real disposable income.
All in all, these two problems are the biggest problems facing the US economy. But the US bank, the Federal Reserve, has always been reluctant to "capitulate", let alone stimulate the market by lowering interest rates. For example, Fed Chairman Jerome Powell recently said that "the Fed needs more signals before it makes the decision to cut interest rates." "This implies that there will be no rate cuts now, and let them wait and see.
In fact, Biden also thinks the same way, he didn't pay too much attention to the financial crisis in the United States, but focused on how to deal with China and how to get China into a financial crisis. In this regard, some scholars in Taiwan pointed out that the current valuation of the mainland is very unreasonable, and the valuation of the United States is also very unreasonable. This is all the work of the United States. U.S. capital "sniped" the mainland**, manipulated foreign capital, and even some local** accelerated its withdrawal. In this way, it will be difficult for capital from the mainland to enter, and ** is no exception.
Because of Biden's mistakes, the United States ** Yellen first put the blame on China, or rather Yellen wants to "pay the bill". Ms. Yellen said last year that the United States would not be able to provide guarantees to creditors around the world if it could not pay its debts in full, and China was no exception. Yellen's remarks could not be clearer: the United States will be a "bad guy" and will no longer repay its debts to China. If you are in China, you can't take a high-speed train or a plane at all.
Of course, China's regulations do not limit Yellen, and although she is in the United States, it is obviously unrealistic to "crush" China's economy. How so? China has its own plan, and the central bank has its plan. Pan Gongsheng just announced not long ago that on February 5, the central bank will cut 05 percentage points of reserve requirements, which would provide about $1 trillion in liquidity to **. This means that every bank can take out a portion of its reserves from the central bank and use it for other investments. What does this mean? 3 games. First of all, the central bank's interest rate cut means that liquidity is enhanced, and more money can be put in, thereby increasing the amount of commercial loans; Second, it has increased loans that are beneficial to the real economy. What's more, it's also a good thing for us. The Spring Festival is coming, everyone has to come up with money, and this time, it can be regarded as a holiday. At this time, China has introduced a series of financial measures that can promote both domestic economic development and the development of the United States, killing two birds with one stone.
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