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Volume 2: Turbulent Years Chapter 794: Will the U.S. stock market end first?

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    Stock market crash?  No, this time the United States is facing an unprecedented economic crisis!  "We are facing the most painful recession since 1929!" "No! We are now in a recession that far exceeds that of 1929!" "Look behind me, these people are all unemployed.  They are all looking for jobs, and they have formed a long queue" There has been a lot of news on TV, most of which talk about this matter. Yes, this matter is the biggest now, can we not talk about it?  "My name is Henry, and I am the founder of the labor movement. We need bread! We need food! We need shelter. Some of these workers have not found a decent job for three years. They need to survive, survive!  "A man appeared on TV. We all know him now, Henry Scott. I didn't expect this guy to be like this at the time.  ¡ð "What does recession have to do with us?" "That's right! I think those adults are all idiots, so let's just say recession." "That's right!" "Have you ever played with it?" Obviously, John is still young, he still has  He couldn't understand what impact the recession had on him, and his relationship with Katie seemed to be getting closer. Could it be that they were childhood sweethearts?  Is this also popular in the United States?  But what are you playing?     cell phone!  Coarse grain mobile phone!  This guy Wu Xiang used his strong connections to finally bring a coarse-grain mobile phone to the United States this year. This is definitely an event worth remembering.  This seems too sad, right?  We are in economic crisis.  The Great Recession is going on, but you, Wu Xiang, brought coarse grains into the United States?  It¡¯s cheap.  It just so happens that you can flex your muscles during the economic crisis.  You know, this is not easy to do.  Then Wu Xiang must have helped the Republican Party come up with some bad ideas to save them from the mid-term elections. The previous Huawei, the machine was also good, but they couldn't get in. It was safe.  problem, security issue. ? Mobile games on mobile phones, coupled with cheap machines, make whole grains cheap.  This changed John's childhood life. You know, mobile phones are not cheap things in the United States. We always hear that fruits are cheap in the United States, but if you really read the contract signed with the American mobile company, you will  I understand, that thing is very deceptive and definitely not cheaper than the domestic ones!  The cheapest fruit in the world is in Hong Kong. Of course, that was more than 20 years ago.  Later Who still uses fruit?  Today¡¯s young people in 2035 will never be able to imagine how someone could cut off their kidneys and sell them for a fruit phone?  Isn't this incredible?  This year.  Is the fruit phone too cheap?  Why, it¡¯s so simple, it¡¯s not fun at all.  None are open source, so there are too few choices.  There are too few changes and it's boring.  Don¡¯t even want it!  We are all familiar with this mobile phone thing, but why was the United States in economic crisis at that time?  Why did it decline?  "Actually, I think we are still making progress now. At least we are better than we were in 1929, because we know that we are in a recession now. At that time, we didn't know what we were going to face. Until a few years later, there was a  The female economist wrote an article. At that time, people knew that they were in a recession, but now we know that we are in a big recession! "So, we still need to be grateful?" "That's right!  At least we know our situation, and there is no president like Khufu in the government.¡± ¡°Oh God! I am lying in Khufu¡¯s house on Khufu¡¯s blanket, eating Khufu¡¯s breakfast¡± ¡°Hahaha.  " "Uncle Jon's talk show is still there, although he looks older, it doesn't matter, he is getting stronger with age.  Well, we can understand that after a child got a mobile phone, he casually watched it, and ended up seeing such a video, but this is not against the law, although Uncle James has always been talking about politics,  But his show is also a comedy.  However, this video I saw on my mobile phonewell, needless to say, it definitely has the nature of product placement. Wu Xiang is so badbut this video focuses on one thing.  , that is a recession, the Great Recession!  Why has the United States reached this point?  "Actually, I have always believed that there is a problem with the current Fed's policies. These policies have not stimulated the economy at all. In fact, they are just delaying.The financial crisis in 2008 has been dragged on until today" "So we are facing a bigger economic crisis, right?  "    "Yes!  "Uncle's program sometimes recommends some books, and today's book is about a book about the current economic recession. The name of this book is "Lying". This economic recession is related to this  Does the book have something to do with it? At least there are some problems in this book. First of all, we now know that the US government falsified some economic data, such as GDP.  The algorithm then took into account the contributions of drug traffickers and fallen women, but even so, it did not make their economic data look much better, and this was not the only part of their fraud. At the beginning of 2015, the United States announced.  My own unemployment data is 5.5%! Yes, this data is really great. This is almost the best data in the United States in decades, and last year it was said that the US economy was recovering strongly, and the US dollar was strengthening.  ¡­ These things were not only speculated by the American media at the time, but also in China, there were people who were excited about them! A well-known blogger named Niu Mingdao said in his article that the strength of the U.S. dollar will  Let the U.S. economy skyrocket, and China's economy will be finished soon We young people today don't know this person, but back then, he was a well-known "Air Force Commander".  Is it true? The employment data looks very interesting. But what was the number of people participating in the labor force in the United States at that time? In this regard, the United States has statistics, which refers to the number of people between the ages of 14 and 64.  What about working in society? 62% is more! Is this data good or bad? This data tells us that 93 million people in the United States are not participating in the labor force, which is 38% of the total working-age population. Although this data  It includes students in schools and criminals in prison, but this data is also the worst in the United States since 1977. It¡¯s ridiculous. The unemployment rate is obviously 5.5%, so why are so many people not participating?  What about work? It¡¯s obvious that the U.S. data is very good, and the most important thing is that the cattle blogger also said that the U.S. stock market has been rising.  But does the rise of the U.S. stock market have anything to do with their economy? Our Chinese story always says that it has little to do with our economy. There seems to be no way to refute this. But what about the U.S. story? Does it have anything to do with their economy?  ? Why did the U.S. stock market rise? An announcement in early 2015 showed that U.S. listed companies wanted to buy back their own stocks, and the amount was more than 300 billion U.S. dollars! Yes, that¡¯s what happened.  This is the 'core technology' that makes the U.S. stock market rise! Why buy back your own stocks? Because you can make money this way.  Can listed companies make money like this?  Can listed companies generate more profits in this way?  No, listed companies will not make more money.  No more profits either, but buying back stock.  Professional managers of listed companies make profits, as do directors of listed companies.  Make a profit too!  Don¡¯t you understand?  Listed companies in the United States are all run by CEOs. They are not the founders of the company. They are outsiders. So outsiders will depend on your KPI assessment, but how do you look at it?  One of them is the price of the stock. If the stock price is high, then the board of directors will be happy, right?  However, the global economy is now average, so how can we make stock prices high?  ?Buy your own stocks, this is the easiest way! ???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? With less stocks, and things are rare and expensive, the price will naturally go up. And when other investors look at it, Huo, the price has gone up over there, buy it!  So, the executives are happy, the board of directors is happy, and the people who can buy such stocks are also happy, how great it is.  But where does the money come from?  Why do so many people accuse the money printed in the United States of giving it to Wall Street?  It¡¯s right here, right?  In addition, you can borrow, take out a loan!  Loans are cheap. They are so low abroad, but they are not even cheaper in the United States.  There is a piece of data that many people don¡¯t know.??Since 2008, how much have American companies spent on repurchasing their own stocks?  2 trillion US dollars!  This is the data before 2015. You can take a look at the market value of the U.S. stock market at that time. What is the concept of 2 trillion? Therefore, the answer to why the U.S. stock market is so popular is ready to come out.  So, I believe many people can already figure out the root cause of why the U.S. economy declined at the end of 2018. This reason is particularly simple.  That is, the financial crisis of 2008 has actually never passed, but the United States used a method to temporarily hide the crisis and hide it. This method is to print  money!  Yes, it¡¯s printing money!  But Europe has told us before that printing money cannot increase capital at all, increase goods at all, and make substantial changes in the economy. To put it bluntly, the money is just circulating in a circle, and the wealth of the whole society  There are still so many products, and the products are still the same.  The Fed¡¯s original idea was to have a spillover effect, which was to inject blood to large companies and give money to Wall Street. Then if Wall Street has more money, then they will naturally invest in industry.  This industry no longer only refers to industry, but as long as it is a little more practical, it is fine, even investing in things such as the Internet that were not considered industrial before, but this goal cannot be achieved!  Yes, all the money has gone to the financial industry, and they have gone to play with themselves, making money with themselves, trying to turn this money around, and then increase the capital, but unfortunately, this is just asking for fish in a tree, so The U.S. economy collapsed  Lost it!  (To be continued, please search Piaotian Literature. 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