Liu Junluo "The New Cold War, Inflation and the Outbreak of the Asian Financial Crisis in 2009"
Liu Junluo, July 13, 2008
On June 30, 2007, the author posted on his blog "The End of the Day with Us in 2008" In an article, he wrote this paragraph: "The result of the financial war between China and the United States is that in 2008, China's stock market cut its price by half, China's housing prices went up like crazy, and China's commodity prices went up like crazy. This financial war will take three or four years before China can It may be completely hopeless. In 2008 and 2009, U.S. hedge funds will attack ASEAN currencies with the cooperation of the Federal Reserve. This will be the first stop, and then with the cooperation of the Bank of Japan, we will attack the RMB. What it is, everyone is strong in self-protection, let a spark of fire fight back, remember not to think that this is far away from you, tomorrow you will be in the care of the United States."
The burial object of cultural and imperial hegemony - the Chinese stock market
What is the new Cold War and what is the wealth redistribution of neocolonization? A short story told by the author in 2001, "Planting mulberry trees harms the country" must be very clear to many netizens - a long time ago, an emperor ordered ministers to wear silk clothes, but only grain was allowed to be grown in the country. mulberry. Silk prices in this country have skyrocketed. Other small countries have stopped growing food and planted mulberry trees, selling silk to make money, and they are very happy. A few years later, the emperor ordered his ministers to wear civilian clothes and not to sell grain to other small countries. In this way, people in these small countries starved to death. And the emperor easily acquired these small countries. Therefore, today the value of China’s assets, including all of us, is being sold for a “mulberry planting” strategy that consumes resources severely and relies heavily on external control for production factors.
We can see that the United States used the military Cold War to destroy the former Soviet Union, and if Mr. Mao Zedong hadn’t severely defeated the U.S. military power in Korea and Vietnam in 1950 and 1961, China would have certainly done so at some point. A day destroyed by the United States’ military Cold War, an inevitable outcome of cultural and imperial hegemony.
A long time ago, there was a small country in a remote mountainous area, and the king of a big country wanted to control this small country. However, because this small country was in the mountainous area, it was inconvenient to use troops to attack, so the king of the big country sent an envoy to this small country to tell him. Kings and ministers of small countries, big countries really hope to have sincere relations with small countries. In order to express their sincerity, big countries want to send many gold and silver treasures to the citizens of small countries. However, the road is inconvenient, so they hope that small countries can build a big road. After hearing this, the king and ministers of the small country were very happy and mobilized the strength of the whole country to build the road desperately. A few years later a major road was built, and most of the resources of this small country were consumed for this major road. Will the gold and silver treasures of this big country be delivered to the people of the small country? What will be the original wealth and value of the citizens of this small country in the face of this road? But what is interesting is that when this road was being built, business was booming in this small country, and the stock prices of various workshops soared. After the construction of this major road, there was a social depression and a large number of workshops went bankrupt. The name of this short story is "The Road".
After China has embarked on the path of being a world-leading low-end manufacturing country, is it now experiencing serious resource consumption and is its production factors heavily dependent on the control of external powers? Is China today one of the author's "Road" stories? , built a beautiful and wide avenue for a big country? Therefore, the final result of the military Cold War and today's new Cold War is the re-control of cultural and imperial hegemony. The control behind this is a kind of neocolonial wealth redistribution.
In the past year, every Chinese has seen the price of oil rise from US$60/barrel to US$140/barrel, an increase of more than double, while the Chinese stock market plummeted by more than 50%. . Calculated based on oil prices, China's current official reserves of nearly 2 trillion US dollars have plummeted by 50% in one year. This means that China's external wealth and China's internal wealth have been wiped out at the same time in the past year. More than ten trillion yuan of wealth has been wiped out. This is a simple market factor. , or the final scene in the short story "The Road"?
The Chinese stock market will hit 2,000 points by the end of 2008 and 1,000 points by the end of 2009. You know whether the king of the big country in "The Road" wants the Chinese stock market to go up, or whether he wants the Chinese stock market to plummet to the point of being worthless. What is the history of human civilization - redistribution of wealth. The history of wealth redistribution is nothing more than barbarism or cultural control, but the final result is that some nations are eliminated and some nations gain hegemony. So today's Chinese stock market, including tomorrow's Chinese stock market, is not the product of the final new cold war between the kings of big countries and small countries, or more accurately, is it a burial object of cultural and imperial hegemony.
Inflation and the 2009 Asian Financial Crisis
Since Bernanke came to power, the base currency put into the market has reached as high as 1.3 trillion US dollars. Today, the increase in world inflation in the United States is much lower than that in China. area. This is nothing more than the result of a large amount of cheap Chinese products and a large amount of cheap capital being invested in the U.S. market, driving down U.S. capital and commodity prices. This is like a mother who has milk, but she only feeds other people's children, and does not feed her own children. It must be that other people's children are fat and fat, while our own children are skinny and skinny.