2024-02-13 06:51:35
[The Epoch Times, February 13, 2024]Hello everyone, welcome to Jingyuan Finance. The release of the program coincides with the beginning of the Chinese New Year in 2024. I sincerely wish you all a happy New Year and a happy family!
Although the New Year is a festive and joyful day, mainlanders are deeply aware that they are getting poorer and poorer this year. Moreover, being poor doesn’t make you happy, and being poor doesn’t make you jingle. No, I have said that Christmas is anti-China, advocating for foreigners, and will not be allowed to be celebrated. The Chinese themselves have not been allowed to set off firecrackers and fireworks during the Lunar New Year for thousands of years. This year, they even deleted “New Year’s Eve” with one click. The stock market crashed, stock investors wailed, people returning home were trapped on the ice and snow highway, and the economy collapsed and the market was depressed. The CCP, on the other hand, just drove around with the car in gear, honking its horn and horn, and shouting, “The whole country is filled with optimism.”
The entire continent has been manipulated by the CCP, and there is only one Wang Xiaoer left. The general public and the leeks are like “Wang Xiaoer celebrates the New Year, and every year is worse than the last.” In Zhongnanhai, “Wang Xiaoer is selling melons, selling himself and boasting.”
As everyone knows, the CCP is really sitting on the crater of the volcano. The great catastrophe is on the verge of a major catastrophe. The Great Depression is coming. What is missing in the century-old change is not Dongfeng, Chen Sheng and Wu Guang. What is missing is an “Emperor” that thousands of people are talking about. Sad news of death.
Okay, in this episode, let’s talk about the recent chaos, turmoil and depression in the CCP society.
How serious is the stock market crash?
Years ago, according to a report by the Financial Times, the value of China’s A-shares had fallen by more than 60% from its highest point in 2021, evaporating nearly US$2 trillion. On February 5, the People’s Bank of China announced a 50 basis point cut in reserve requirements and a release of RMB 1 trillion in water. A-shares still opened lower and moved lower. In early trading, only more than 100 stocks rose in Shanghai, Shenzhen and Beijing, while more than 5,200 stocks fell. The Shanghai Composite Index fell by 2.36%, the Shenzhen Stock Exchange Component Index fell by 3.07%, the ChiNext Index fell by 2.55%, and the Shanghai Composite Index once fell to 2,655.09 points. The stocks of more than 2,000 companies were close to the limit, and hundreds of millions of shareholders were in shock and their lives were hanging by a thread.
A-shares have been falling continuously since 2024, becoming a huge trap for China’s 200 million stockholders and undermining the CCP’s economic growth rate of 5.2%. Some netizens said that A-shares have become as corrupt as the national football team, and some netizens said that because they are all live broadcasts, there is no way to fake them and the true colors are exposed.
This stock market crash has been called an epic level by investors, comparable to the 2015 China stock market crash. There are different opinions on the reasons. Some say that China’s economic recession has led to a lack of confidence in the entire market. The stock market is a barometer of the economy. Some say that the CCP has set up a trap to kill hundreds of millions of investors. More investors are directly pointing the finger. Leader of the Central Republican Party.
Xiaoxia, a well-known domestic pink stock market trading big V trader, lost tens of millions in A-shares and publicly defected and took aim at the CCP. He posted on Weibo: “Only by defeating Xi Jinping and the Communist Party can we have a future. This elementary school student has killed so many people.” “Someday suddenly a primary school student dies, I think the Shanghai Composite Index can rise to the limit.” Currently, it is reported on the Internet that Xiaoxia has been arrested by the police.
During China’s stock market crash in 2015, the Shanghai Stock Exchange and the Shanghai and Shenzhen Stock Exchange Index both fell from more than 5,000 points in June to August 26, when they fell below 2,900 points. They fell 45% in more than two months. The Shenzhen Stock Exchange Component Index fell in about three months during the same period. It plunged by nearly half, with the ChiNext Index falling as much as 55.9% in less than three months. The market value of China’s stock market has evaporated by about US$4 trillion, accounting for about 45% of the total evaporation of global stock markets in about three months during the same period. About 600,000 middle-class people in China have returned to poverty.
During China’s stock market crash in 2015, Xi Jinping personally took charge and launched a grand narrative of the national team entering the market to rescue the market. The central bank targeted financial institutions with targeted reserve requirement ratio cuts and lowered the benchmark interest rates for RMB loans and deposits of financial institutions. At the same time, the China Securities Regulatory Commission introduced domestic and foreign long-term funds into the market to bring qualified The quota for foreign institutional investors (QFII) increased from US$80 billion to US$150 billion. By late August, global stock markets were affected by the Chinese stock market crash, and nearly US$1 billion in market value had evaporated in three months. The stock market crash may be the result of a financial coup launched by Xiao Jianhua and other financial giants against the Xi administration. After the stock market crash, a number of officials from the Communist Party of China, Bank of China, Three National Committees, the four major state-owned banks, CITIC Group, and the Shanghai and Shenzhen Stock Exchanges became victims of the infighting between Jiang and Xi and were imprisoned.
In 2024, during the stock market crash, it was widely rumored that Xi Jinping also “personally commanded” the rescue of the market. The CCP also implemented major measures such as lowering the required reserve ratio, promising sole proprietorship of foreign financial institutions, relaxing purchase restrictions in the real estate market, and the national team to rescue the market. However, the CCP’s stock market still did not follow the party’s lead. , continued downturn. On the 8th, A-shares rose and turned red under strong stimulation. Experts called on investors to run quickly, not to miss this opportunity before it comes again.
During this stock market crash, the U.S. stock market and other global stock markets were not significantly affected. The reason is that the U.S. economy is enjoying strong momentum, inflation has been effectively contained, employment continues to grow, and market consumption is strong. This is in sharp contrast to the economic recession of the CCP. In recent years, the United States and the European Union have We are fully prepared to challenge the CCP’s rules-based world order. Faced with the CCP’s de-risking, we will gradually decouple and become the dominant geopolitical and regional economic framework.
It is unlikely that this stock market crash is still an unrestricted financial war launched by the anti-Xi faction. The biggest anti-Xi faction may be the authorities themselves, who want to bring down Hong Kong, covet Taiwan, suppress private enterprises, real estate, and national security counter-intelligence and arrest financial institutions. , Recently, Guoan launched a series of “Ten Cups of Tea”, Yang Hengjun was sentenced to suspended death, and other Guoan-style economic fights, which really frightened investors at home and abroad. However, Xi Jinping will inevitably find a scapegoat to clear his political path. The China Securities Regulatory Commission has already begun to arrest traitors. Party Secretary Yi Huiman has been eliminated. There may be good things to come.
The middle class became proletarian, and the Zhongnanhai regime was affected
Some netizens said that China is a huge leek harvesting field. Trusts harvest more than 200,000 yuan for the middle class, financial management harvests more than 20,000 yuan for white-collar workers, the stock market harvests more than 2,000 yuan for leeks, and lottery harvests more than 2 yuan for the grassroots. Regarding the stock market crash, there are also reports claiming to be conspiracy theories. It is said that in order to maintain the stability of the regime, the Chinese Communist Party used the stock market crash to eliminate China’s middle class. The middle class is often the elite of society, has a certain degree of free thought and independent spirit, and is an authoritarian system. natural enemy. If the CCP authorities want to return to Maoism, it is imperative to eliminate the middle class.
Whether true or false, it is a cruel fact that the stock market crash has caused the middle class to return to poverty. Lao Deng, a self-media person, broke the news that about 280 people across the country have committed suicide due to the stock market crash. What’s more, after the middle class became proletarian, the fire of revolution was burning. This was what the authorities were most afraid of, and the Zhongnanhai regime was greatly impacted. Within a few days, 200 million stockholders became rebels, constantly posting on the Weibo accounts of foreign embassies and sounding the rallying cry to resist the tyranny.
In order to break through the Internet ban, angry investors rushed to leave messages on the Weibo account of the US Embassy in China to vent their dissatisfaction with the Chinese Communist authorities. One post on this account that day received 130,000 comments and 15,000 reposts in two days, and later soared to 55,000. A Weibo post about protecting Namibia’s giraffes received more than 160,000 comments from netizens. Some stockholders directly called on “the 200 million A-shareholders to request to bring their families to become American citizens” and “support maintaining the status quo across the Taiwan Strait and retaining the last pure land.” “One day we will fight, hundreds of millions of ordinary people will be your solid backing.” After the CCP banned the Weibo account of the U.S. Embassy in China, investors continued to switch to the Weibo accounts of the Indian Embassy in China and the Japanese Embassy in China.
Not only investors, there are also strange voices within the CCP system. On February 5, the People’s Daily published a commentary signed by Zhong Sheng, entitled “The United States should not treat “national security” as a snake oil.” The article was considered by netizens to be a high-level hacker. As long as “the United States” was replaced with “the Chinese side” “,it is more than words.
On February 6, a netizen on “Today’s Toutiao” posted: “China’s lifelong imperial system can no longer survive…” A netizen replied: “get out of class is over, get out of class is over, get out of class is over.”
Netizens analyzed that Guan Qingyou, president and chief economist of the China Such Financial Research Institute, posted on Weibo on February 5 to criticize the CCP authorities: “Many experiences in the past have shown that violating economic laws requires a price, and the price is not small. Li Daokui, the CCP’s official economist, also rarely commented that the CCP leader was “paranoid and anxious.”
It is reported on the Internet that Xu Lei, the third generation grandson of former CCP veteran Xu Xiangqian and former CEO of JD.com, forwarded the article “Why We Can’t Escape the Economic Cycle” in WeChat Moments, mentioning: “We are not in an economic downturn, but the end of an era.” It was interpreted by netizens as a clear understanding and rebellion against the CCP within the system.
This statement is quite similar to the recent view of Chinese liberal political scientist Liu Junning that China has entered “the garbage time of history.” Frankie_Hung, a netizen on the “Snowball” website, responded: “Look at the choices of Hu Shi and Zhang Ailing in 1949, and the choices of Wu Han and Ye Qisun, you will understand that macroscopic vision can save lives in critical moments.”
On the .”
The Great Depression is coming, the end of economic man under the totalitarian regime, and it is difficult for the CCP to prevent the sudden change of the doomsday
In October 1929, the U.S. stock market crashed, stock prices plummeted, and billions of dollars were wiped out, marking the beginning of the most famous Great Depression in history. Unusual phenomena occurred in society, such as: great unemployment, with the U.S. unemployment rate as high as 25% in 1931; overcapacity and underconsumption; the collapse of stocks and bonds, and factory closures; a large number of young people living on the streets or going home to live with their parents; the fertility rate Declining, no one wants to have children; no longer pursuing fashion, returning to simplicity and conservatism; social shrinkage, people rely on chess, cards, and cheap movies to kill time; counter-urbanization occurs, returning to the land to obtain food; spiritual poverty, mental patients increase greatly, etc.
Compared with today’s China, the above scenario is almost a remake. The youth unemployment rate has reached as high as 46.5%, the population is growing negatively, children are working full-time, stocks and debts are falling, consumption is downgraded, reverse tourism, company layoffs, civil servant salary cuts, foreign investment withdrawal, etc., around the end of the year, the social media X platform is full of A video showing migrant workers and company employees defending their rights and asking for wages and returning home for the Chinese New Year, but the CCP is trying to maintain stability. A video on February 4 showed that a 22-year-old man stood in front of a self-service ticket buying machine at a train station in Jiangxi for 10 minutes because he could not afford a 26 yuan train ticket. In another video, a pair of rural elderly people in their 80s and 90s had their house demolished. They had to live in a thatched hut during the heavy snowfall and were about to freeze to death!
The Great Depression in the United States is a manifestation of the cyclical characteristics of the market economy. However, today’s China is rebellious, turning to the left, eliminating private ownership, fantasizing about common prosperity and communism, destroying human nature, advancing the country and retreating the people. China’s Great Depression is a communist totalitarianism. The manifestation of doctrine’s harm to mankind.
In 1939, the young American observational journalist Peter Drucker became famous for publishing the book “The Last Days of Economic Man”. This book is known as a classic work that reveals the origins of totalitarianism. Churchill ordered that this book must be packed into In the backpack of every British officer.
Drucker profoundly reveals in the book that fascist totalitarianism no longer contains any positive ideology, but blindly refutes, suppresses and denies the most important traditional cornerstone of freedom and equality. It rarely treats absolute power as as the only legitimacy. Almost all the promises totalitarianism made to the people were lies. It used the utopia of national socialism to successfully deceive people into eliminating Adam Smith’s “economic man.” Totalitarian propaganda confused the people and brought a ruthless doom to all economic men. , and laid the foundation for absurd political correctness for the Second World War to seize Europe.
The totalitarian regime of the Chinese Communist Party is far more evil than the Nazis. Today, the Chinese Communist Party authorities want to eliminate the middle class and eradicate contemporary economic man. Its ultimate goal is to eliminate private ownership and try to point the way for mankind. But looking around the world, communism has become a thing of the past. The CCP regime is beset with internal and external difficulties. It is facing various fatal changes such as civil unrest, coup d’état, and military coup. At the end of the road, will the CCP take risks and try to provoke a war to disrupt the situation and launch a war? Let’s continue our lives and the world will wait and see.
At the end of this episode, we bring you the[Very Highlights]program, where a young Hong Kong people played and sang “Glory to Hong Kong” on the streets.
Okay, that’s it for this episode. If you like our show, please subscribe.
Link to this video in Clean World:https://www.ganjingworld.com/zh-CN/live/1ggs9q67voi170qpGKV58HUyk10l1c
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