U.S. floods flooding, “Risk” puts a celebration wine on the “Risk”

After the US Congress passed the US$1.9 trillion stimulus plan, American public opinion and market confidence have increased significantly. The forecast that the US economy will achieve the highest growth rate in recent decades continues to emerge. Some analysts even claim that the United States has a positive impact on global economic growth this year. The contribution of China will surpass that of China again.

At the end of last year, there was just a US$900 billion rescue plan, followed by another 1.9 trillion yuan larger. It seems that the US government and the Federal Reserve are determined to engage in “sweep flooding.” Everyone knows that the short-term effect of this is not difficult to achieve, but its long-term side effects are great, especially when the US Treasury debt has accounted for 137% of GDP. The chronic risk is especially obvious.

After learning from the experience and lessons of large-scale stimulus plans at home and abroad, China has refused to consider the strategy of “flooding flooding” in recent years. Last year, when the economy was very difficult, it still maintained restraint. The United States has such a large amount of quantitative easing, and its system is to encourage the pursuit of immediate benefits, this government does not have to worry about the subsequent “flooding”. But this is not possible in China.

In addition, the U.S. dollar serves as the world’s currency, and the frequently issued U.S. dollar is always easier to diversify outside the United States than other currencies.

However, if this continues, the US economy is like a dangerous system that will explode sooner or later according to common sense and common sense. It may indeed promote the rebound of the U.S. economy this year after the crash last year and bring short-term prosperity, but at the same time it hangs a huge thunder on itself and on the top of the world.

As for the U.S. stock market, its skyrocketing is almost a bubble blown by quantitative easing. Everyone knows this well. Many people predict that the U.S. stock market will “crash sooner or later.” Some analysts believe that its bubble should be squeezed in half To return to normal. But quantitative easing followed by quantitative easing encouraged investors to place bets together and continue the gambling.

The United States regards itself as a “leader” in the world, but its affairs are very unclear, and governance loopholes are increasing. It is not a down-to-earth patching of loopholes, but to cover up loopholes by issuing money and playing geopolitics. It does not eliminate risks, but pushes risks outwards and backwards. This philosophy of handling things is not a good example for the world.

The U.S. fiscal release is so large that small economies have almost nowhere to go. They don’t have the capital to raise debts like this. The U.S. economy is so “financialized” that small economies can only feel the violent shaking of the lake under their own boats, which is unpredictable. A lot of their business is settled in U.S. dollars, and people in those countries are worried that they will be “sucked up with wool.”

In addition, the U.S. not only the investment community, but also the public opinion community is so excited about the rapid economic recovery in the first quarter of this year. They talked about the positive growth ahead of Europe in the fourth quarter of last year. It seems that they don’t remember the fourth quarter of last year and the first of this year. The quarter is the two quarters in which Americans die the most from new coronary pneumonia. Economic figures that are better than those of Europe are the result of the lives of those who died and the health of countless infected people. It is not something to be proud of.

We can only sigh that the United States is indeed a naked capitalist country, and the interests of capital are at the center of the country’s value judgment. Many Americans can get US$1,400 in relief from the US$1.9 trillion stimulus plan, but they are not the ultimate goal of this policy. They are information and foils to help capital gain profits, whether before, during or during the epidemic. It will not change after the epidemic.