As everyone knows, the United States has to resort to some small means to suppress the mainland in any field.
You must remember that some time ago their bank went bankrupt.
It was the companies that hurt them the most.
The collapse of their bank has had a direct impact on the mainland's already successful companies.
No, the news is coming again, and the countdown to the closure of Wall Street giant Citibank's personal business in China has begun.
The latest announcement said that various places of the bank will be closed on the 8th of next month, and more than a dozen sites are also involved.
In addition, personal credit cards cannot be used.
It is clear that our users can no longer use the bank's services.
It was their banks that abandoned mainland customers.
Judging by their current situation, a wave of layoffs is coming.
According to the report, nearly 20,000 layoffs are expected since the beginning of this year
As soon as this incident came out, it also became the focus of attention, and netizens also discussed it.
For their bank, in the mainland market, although the bank has some potential in the market.
However, it may face higher costs and competitiveness.
So, quitting and shutting down all businesses may help them have a better challenge in the market.
Reference source: Sina Finance2024-05-17 Citibank officially announced the countdown to the closure of China's personal business
But is that really the case? Isn't this an upgraded version of proper financial warfare?
At the beginning of the financial war, the United States used the power of Japan and South Korea to suppress China.
Originally, he wanted to completely suppress us in this regard, but it turned out to be in vain.
Japan and South Korea have been the hardest hit in the currency war.
The main reason why we have been able to survive this financial war is that we have a lot of foreign exchange savings and a very good management system.
Recently, the United States has not only launched a scientific and technological war, a financial war, and other kinds of wars against us.
Now, not only have they failed in the tech war, but they have not been substantially successful in trade.
If they don't succeed in either of these areas, they will have to do something financially.
The financial war between the two countries is to use finance as a weapon to suppress you in all areas of finance.
If they don't succeed in other areas, they won't succeed financially.
In the end, we will definitely be the winner.
The dollar is their currency, but the U.S. debt is their disaster.
U.S. bonds have been their main target in the past, and they are the main way for countries to prevent their currencies from devaluation.
However, now the US debt has become their most dangerous thing.
In the past, the mainland was the country that sold the most US bonds.
However, the mainland has no intention of stopping, and it will definitely sell off all US bonds.
At present, according to the relevant news, many foreign countries have increased their holdings of U.S. bonds.
However, the mainland has insisted on selling, and the mainland has sold US bonds three times in a row.
Other countries continue to increase their holdings, but we have reduced their holdings one after another, should we completely empty them?
The continent is emptied, that's just a normal operation.
The exit of U.S. bonds is to provide some countries with a haven for their currencies.
It is declining every year, and the country that holds the US currency will eventually have to think about how not to let it depreciate.
The reason why they hold so much U.S. currency is because when they trade between countries, they have to trade in dollars.
Because the dollar was really the best among global currencies at that time, but not now.
Holding the dollar is for better trading, and they are also our largest trading nation.
However, the United States has been in a big financial war with the mainland for some time now.
They want to kick us out of their market, they don't want our products to enter their market.
Even if they can get in, they want to keep the profits they earn, which is ridiculous.
They feel that there is an imbalance in trade between China and the United States, and say that we have made a lot of money from them.
It is very clear that when the mainland's goods are sold to them, they are the ones who benefit the most.
It also helps them prop up their monetary system.
Since they want to crack down on finance and suppress us, then we can only rely on ourselves.
So what are they doing with their currency and U.S. bonds at this time, it's useless, it's better to sell them.
The renminbi is now the most popular currency in the world.
At present, the mainland has also bought a large amount of gold.
Reference source: CCTV2024-05-08The gold reserves of the central bank of the mainland have increased for 18 consecutive years At the end of April, the scale of foreign exchange reserves exceeded 3.2 trillion US dollars
For many years, the U.S. dollar has been at its highest level.
However, with the advent of various factors, its status has gradually declined.
During this period, China and Russia have taken some small actions, and have shown a cold attitude towards the dollar and US bonds.
The mainland has also sold US bonds several times in a row.
At present, the Russian president is also visiting China with his own delegation.
The two sides are also talking and cooperating in various fields.
According to relevant data, the mainland has been selling their bonds for three consecutive months, and each sale is more than tens of billions.
Such an action can be said to have shocked the international community.
Because the mainland is the country that holds the largest amount of U.S. debt, and it is also the country that sells the most.
Such operations also have a direct impact on their financial markets.
It also made them feel unprecedented pressure.
Under their continuous suppression, the mainland's currency is very resilient.
Although there is a slight trend, there are no major problems overall.
This also made them feel the feeling of futility again.
Not only the dollar, but also the yen fell in twists and turns.
The decline in the currencies of these two countries has really dropped dramatically.
For the Japanese side, the current economic situation has really increased their pressure.
Not only Japan's domestic problems, but also global problems have affected their currency.
Among them, the currency of the United States, their currency is strong, then the currency of other countries will be weak.
Their economic recovery will be better than that of other countries.
If the dollar is so good in the market, there will inevitably be many countries investing.
If the U.S. currency rises, then the Japanese currency falls.
Some bigwigs on Wall Street in the United States, with such a trend, want to short the Japanese currency.
What is shorting, is betting that the price of some goods will fall.
They have a lot of money in their hands.
Once they do it, the currency in the market will be like a plaything in their hands.
With this operation, it is only a matter of time before the Japanese currency falls.
For the average Japanese citizen, spending money in other countries.
Reference source: Taihai.com2024-05-18Japanese media lamented: The depreciation of the yen highlights the decline of national strength
Or buy an item, and each payment will be a lot higher than before.
Japanese companies will also be greatly affected by this situation.
Sometimes Japan's operation is really a mystery operation, I thought it could be stable, but I didn't expect to dig a hole for myself.
It is not easy to continue to buy U.S. bonds because you hold too many of them, and if you want to sell them to adjust yourself.
It is estimated that a lot of economy will be lost, so it is not moving, it is not moving, it is not good, it is stuck here.
You can only watch others impose economic sanctions on you.
Currency wars, wars without gunpowder, Japan's currency is the worst.
The current Japanese currency has fallen a lot against the US dollar.
But the current situation can no longer be reversed, and the plunge is already a fact.
Reference source: CCTV News2024-04-26"Falling endlessly" The yen fell below 156 against the dollar
The exchange rate against the US dollar has fallen to 156, and the Japanese people are also very distressed.
For them, what do they do with such an exchange rate?
No matter how much money you still have in your hand, whether you spend it or not, the cost of buying anything will increase.
Earnings can all be negative.
In the current currency war, many countries have influence, but Japan has the greatest impact.
This has also led to a boom in the lowest prices of their goods.
The number of tourists there is also gradually increasing, but they are not really here to visit, and the price of goods is the most attractive to them.
After all, the Japanese currency is already going down, and if you don't take advantage of the current time to "gather wool", then when will it be.
At this time, the "daigou" can also make a profit from it.
Although the prices of their luxury goods did not fluctuate, the exchange rate was affected.
Countries with higher exchange rates than Japan can easily save thousands of dollars by buying their luxury goods.
For daigou, the money saved is the money they want to make a profit.
Reference source: Beijing News 2024-05-06May Day flew to Japan to sweep the goods "wool", and the purchasing agent earned tens of thousands of yuan a day
But why are there so many people from the mainland going to Japan with so many daigou?
That's because the people on the mainland have a high level of consumption and strong spending power.
The mainland is the largest number of tourists in the tourism industry of many countries.
So why is Japan's exchange rate so low, and what is the reason for this?
Presumably many people know that the methods of the United States have seriously affected them.
The "interest rate hike policy", the fluctuation of the US currency will also directly affect the world.
In such a situation, each country will have a little bit of interest rate hike volatility.
If they don't, they'll be like Japan, but why don't they?
Because they can't, and because of their previous "overdevelopment".
Therefore, some of the operations of the Japanese side are really incomprehensible, and they dig their own holes.
As for the US side that has always wanted to do something on the mainland, it has ended in failure.
This time, we will conduct a financial war to close the banks and not provide any services to Chinese users.
I think they're digging a hole for themselves.
I have always believed that all the actions of the US side are laying a dangerous foreshadowing for its own future.
We have been working against China all year round, and if we go against us, we will fail.
The final winner must also be the mainland.
China's financial sector is not as fragile as you think, and we can stabilize the trend of the currency in our own way.
So as to achieve their own strategic goals.
Don't forget, the mainland's currency has a great influence in the world, and its status continues to rise.
The US dollar will eventually be in the past, and the RMB will be the future development.