Recently, there have been a lot of questions about United States, two of which are important, one is what to do with the Fed's dollar interest rate cut in November? Second, what do Boeing layoffs mean for United States?
During this time, China and the United States were very lively, but the two countries were completely opposite in the general direction, which reflects an important trend: United States has in fact lost the whole world, and it is only a matter of time before it declines.
In recent years, there has been a lot of controversy about the decline of United States, and many people still believe that this is a false proposition, or even non-existent.
However, this year, there has been less and less controversy in this regard, because the decline of United States is already visible to the naked eye, and if you still pretend not to see it, then you really don't know what to say.
There have been three major events in the United States recently.
The first is the United States election, the second is the November Fed interest rate meeting, and the third is the Boeing layoffs.
There's so much to say about the United States election.
If I had to sum it up in one sentence, it was probably the most dramatic and chaotic election in United States history. If one more thing needs to be added, it is what Musk said, and this could be the last election for United States.
The United States two-party politics has now become a tool for capital to manipulate the country, directly leading to the split of the United States, and this political system, which was once the beacon of democracy in the world, has now existed in name only.
Some people say that the United States election has entered garbage time, and the bigger question is, what about the Fed's dollar rate cut in November? This is not only related to the current fierce political struggle, but also closely related to the economic and financial crisis facing United States.
The U.S. dollar has become a United States problem, which is reflected in the fact that every time the U.S. dollar cuts interest rates, it is the beginning of an economic or financial crisis.
Why is this so? Let's take this rate cut in 2024 as an example.
In the past few years, the United States has overissued dollars and printed trillions, resulting in global inflation, and the closer the country is to the dollar, the more serious it is.
Later, the Fed had to raise interest rates, recycle dollars to fight inflation, and create a dollar tide to harvest global wealth to save United States again.
But this time the situation is completely different, on the one hand, a large number of dollars are piled up in the United States, on the other hand, United States the economy and finance cannot withstand the violent interest rate hike, and there is a big problem, and the Fed has to release water to solve the problem.
The result of these two events is that there are too many dollars, which directly drives up the prices of United States financial assets and creates a large number of surprising bubbles in the United States stock market, bond and foreign exchange markets, and the banking system.
In September, when the Fed begins to cut interest rates, the dollar will depreciate, capital will flee, and if the pace gets out of control, the United States stock market, bond market and foreign exchange market, as well as small and medium-sized banks, may collapse because of the rapid loss of capital.
The US dollar cut interest rates, and our side exerted a little force, and China's asset prices skyrocketed, which had a strong attraction on US dollar capital.
Now, some United States regret it, even believing that the 50 basis point rate cut in September was a huge mistake.
The September rate cut has already been lowered, and now the question is what will the Fed do in November?
The Fed has lost its independence in monetary policy, and is increasingly lacking in the impartiality and ability of the world's central banks.
Thirdly, Boeing's layoffs are also a symbolic disaster.
On October 11, United States Boeing President and CEO Altberg announced plans to cut about 10% of its workforce in the coming months, involving about 17,000 jobs.
Just a month ago, on September 12, 33,000 Boeing workers went on strike, and this is not over, and now Boeing is going to lay off employees?
Boeing said significant layoffs were necessary due to an ongoing strike of 33,000 workers, which halted production of the Boeing 737MAX, 767 and 777 aircraft.
The meaning couldn't be more obvious, aren't you going to strike? Then don't come back to work, this is naked hooliganism.
In fact, this is not the first time Boeing has laid off employees.
In the first half of this year, then-Boeing CEO Calhoun had to admit that due to the company's tight cash flow, he had to lay off positions that the company considered less important, such as quality inspection, which directly led to Boeing plane accidents.
By the way, a small question, why did Boeing lay off employees at this time? Because next month's presidential election is on the ballot, who will the laid-off workers vote for? So politics has torn United States apart.
Do Boeing layoffs matter that much? Not only Boeing, but also Intel, and the three major automobile companies, the days of domestic manufacturing in United States are no longer over.
In fact, the problem is obvious, but the United States just can't solve it.
The hollowing out of the manufacturing industry is because they have a more lucrative career and don't want to do hard work anymore. As such, the prices of services have risen and wages have to rise, all over the decades.
Until one day, the United States found that they only had money left in their hands, and this was the disaster.
Some people say, how can being rich be a disaster? Currency, currency, without goods, is there still a basis for that currency to exist? United States have to take the money and force the world to produce goods for them.
How can there be such a cheap thing! United States are only responsible for printing money, and 8 billion people in the world can only be their slaves forever?
That's why we're talking about the dollar rate cut and the Boeing layoffs together, because those are two sides of the same coin.
What if the Fed is dead, and Boeing and other United States manufacturers are dead United States?