Author: liguangman source: liguangman freezing point review wechat official account id:ligm-479210127 has been authorized to reprint
How fortunate we are to have witnessed the unprecedented changes in the world in a century. American hegemony is on the verge of collapse, and an era belonging to China has come.
On June 17, China held a naming ceremony for the launch of the third aircraft carrier. China’s third aircraft carrier was named “Fujian ship”. The “Fujian ship” is the first ejection aircraft carrier independently designed and built by China. It adopts a straight and full-length flight deck, is equipped with electromagnetic ejection and blocking devices, and has a full-load displacement of more than 80000 tons.
China’s first aircraft carrier “Liaoning ship” was rebuilt on the basis of foreign aircraft carriers. The second aircraft carrier “Shandong ship” is China’s first aircraft carrier completely independently designed and manufactured, taking off by sliding jump. The current third aircraft carrier “Fujian ship” is a world-class aircraft carrier with electromagnetic ejection and blocking devices.
From “Liaoning warship” to “Shandong warship”, it is named from north to south according to China’s coastal provinces. Now it suddenly leaps over Jiangsu and Zhejiang and is named “Fujian warship”. Is there a deeper meaning? Across the Fujian Strait is Taiwan, the last province of China that has not yet been reunified. Perhaps the “Fujian ship” will undertake a more important historical mission. From a larger historical perspective, with the launching of the “Fujian ship”, the Chinese navy will become the second largest Navy in the world. In order to safeguard national sovereignty, security and development interests, a powerful Chinese navy will sail to the ocean and become an important force in maintaining world peace and establishing a new global order. China will also truly face the ocean and become a maritime power.
At the same time, we will find that the United States, the only hegemonic power in the world, seems to be in the midst of a major financial crisis.
Since the beginning of the epidemic, the United States has opened the dollar unlimited quantitative easing model. In more than two years, it has printed more than $70000 billion out of thin air, and the U.S. Treasury bonds have exceeded $30trillion. This is a very barbaric way of financial plunder that only the United States can make. Without the support of physical assets and resources, the United States prints as much dollars as it needs as the world currency, and almost as much as it wants, which not only makes the United States but also the world flooded with dollars. This unlimited quantitative easing monetary policy will inevitably lead to global inflation. According to the U.S. routine, these printed dollars will flow back to the United States when the U.S. starts the interest rate hike mode and tightens dollar exports after flowing to the world. On the one hand, it can relieve the inflation crisis in the United States, and on the other hand, it can harvest the wealth of all countries in the world. Therefore, no one, whether the Federal Reserve, the U.S. Congress or the U.S. president, is worried that this routine will fail and backfire on the United States.
Since 2022, inflation in the United States has been fierce. Not only the United States but also European countries have experienced serious inflation. Especially after the outbreak of the war between Russia and Ukraine, the prices of oil, natural gas and food rose sharply, exacerbating the deterioration of global inflation. On March 16, the Federal Reserve raised interest rates by 0.25 basis points for the first time. On May 4, the Federal Reserve raised interest rates by another 50 basis points, which is a relatively mild start. The reason why it is so mild is that the United States, on the one hand, wants to tighten the global dollar, create expectations of a dollar shortage, and ease the inflationary pressure in the United States. On the other hand, it does not want to over stimulate the U.S. stock market and bond market, causing global investors to panic about the U.S. stock market and bond market.
At this time, the Federal Reserve did not realize that the harvest cycle of global wealth that has been planned and designed for a long time may fail. This time, the Federal Reserve not only raised interest rates, but also carried out a large-scale table contraction. According to the U.S. plan, the tightening of the U.S. dollar and the war between Russia and Ukraine will inevitably drive the U.S. dollars from all over the world back to the United States. This wishful thinking of the United States has indeed played a role to a certain extent. Europe, Japan and some developing countries have experienced panic about the sharp depreciation of their currencies and inflation, but what American designers did not expect is that, Apart from some of the dollars that have escaped from all over the world, most of them have disappeared like water in the desert. That is to say, not all or most of these dollars have returned to the United States, which makes the United States standing on the edge of the cliff encounter the most embarrassing and dangerous moment.
According to the latest international capital flow report released by the U.S. Treasury Department on June 16, the U.S. bond data were delayed for two months. Foreign buyers sold up to $158.3 billion of U.S. Treasury bonds in April, and their holdings fell from $7.6136 trillion to $7.4553 trillion, the lowest level since April 2021. The net outflow of U.S. Treasury bonds in April was $1.152 billion, the first net outflow since October 2021. At least 27 countries, including China and Japan, sold US Treasuries to varying degrees in April. None of the top 10 overseas holders of US Treasuries increased their holdings. Among the 33 major buyers of US Treasuries, only 5 buyers were in the state of increasing their holdings. Major buyers around the world are liquidating US Treasuries, especially Japan and China, the largest overseas holders of US Treasuries, are significantly reducing their holdings of US Treasuries.
What does that mean? It shows that after the US interest rate hike began, the global dollar did not return to the United States to buy US Treasury bonds as the United States wished, acting as the successor of US bonds. After the Russian Ukrainian war began, the United States took back the US debt purchased by Russia to the United States without credit, which greatly damaged and shaken the national credit of the United States. The foundation of US Treasury bonds endorsed by the national credit of the United States collapsed. Who would believe the credit of the United States? If the next war breaks out, will the United States take over the US Treasury bonds purchased by these foreign investors? The U.S. dollar without physical support was originally built on the beach. Now the United States has to dig up the sand itself. Can U.S. debt not be abandoned by everyone?
After the Federal Reserve raised interest rates by 25 basis points and 50 basis points in a row, US inflation continued to rise. In May, the CPI of the US consumer price index increased by 8.6% year-on-year, a new high since December 1981. In March, the figure was 8.5% and in April, the figure was 8.3%. The current data has broken some people’s illusion that the US inflation index will drop immediately after the interest rate increase. In view of the fierce inflation, the Federal Reserve announced on June 16 that it would raise the federal funds rate by 75 basis points to 1.50%-1.75%, which is the largest single interest rate increase since november1994, reflecting the severe inflation situation in the United States and the need to take strong measures.
This time, we will find that the Fed’s acceleration of interest rate hike is not only puncturing the global dollar foam, but also puncturing the US dollar foam. The interest rate hike was a familiar operation for those financial players in the United States, but it really blew up this time. Since january7,2022, when the Dow Jones index reached the highest point of 36952, it has been falling all the way, and the decline has accelerated in the past two weeks. On June 16, the Dow Jones index fell 30000 points to the brink of a bear market, while the NASDAQ index and the S & P 500 index have fallen into a bear market, and the panic index has also risen violently, indicating that the market is in a state of extreme fear.
The United States has been fighting against Russia Ukraine war, which aims to further disrupt the turbulent situation in the world and cause global chaos. Only the United States is in the safest situation, so that the dollar can flow back to the United States. However, what the United States did not expect is that Russia is carrying out anti killing against the United States, which is a result that the world did not expect.
After the United States and the West imposed more than 10000 sanctions on Russia, drove most Russian banks out of swift, continued to inflame the Russian Ukrainian war and successfully dragged the Russian Ukrainian war into a long-term situation, Russia offered a “ruble settlement order” to take Russia’s indispensable position in the global energy pattern In particular, due to Europe’s heavy dependence on Russian energy, it was proposed that all unfriendly countries must use rubles to settle their purchases of Russian natural gas. This move enabled the ruble to survive and recover to the pre war level. European countries had to buy Russian natural gas in rubles, which also divided the anti Russian camp in the United States and the West. Russia’s business did not collapse because of the severe sanctions imposed by the United States and the West.
This shows the paper tiger nature of the United States and the West. The Russo Ukrainian war did not bring down the Russian economy. Instead, it pushed up the prices of international energy, food and other bulk commodities, pushed up inflation in the United States and Europe, and exacerbated the financial crisis in the United States and the West. Although the Russo Ukrainian war has not ended, the interest rate hike cycle in the United States is still in progress, and it is impossible to predict the final outcome at present, the inflation level in the United States and the West will be long-term, and the economies of the United States and the West will soon enter recession, This is almost certain.
Russia is waging a war for its own security border. This war is not only gambling on Putin’s political life, but also on Russia’s national destiny. Now we will find that not only Russia, but also the whole Europe, the United States and Japan, as well as the whole western world, are involved in this war. ZELINSKY not only tied Ukraine to the chariot, but also the United States, the whole Europe and Japan to the chariot, This is a very interesting war game. Everyone hopes to benefit from this war, but we find that everyone is deeply involved in it and can’t stop. In this game of war, the United States, which has always wanted to balance offshore and obtain the maximum war benefits, seems to be trapped in the fire because the fire is too fierce.
At present, only one country is far away from the war but is the protagonist of the war, that is, China. The United States is most afraid of not Russia, but China. If China helps Russia and provides Russia with economic, financial, military and scientific and technological support, then the Russian Ukrainian war will become a proxy war between China and the United States. I’m afraid it will be difficult for the United States to reap any benefits from this war. Moreover, if the United States, which is currently mired in a crisis of high inflation, falls into a proxy war that cannot be won, it is afraid that a huge crisis will break out in the United States. It is not only an economic crisis and a financial crisis, but also a political and social crisis accompanying the economic crisis and the financial crisis, and even more a national crisis.
In the face of such crises as the war between Russia and Ukraine, the inflation crisis in the United States and the division of Europe, China has opened up a way to take the initiative to fight for its own national interests.
First of all, China took over the Pacific island countries and competed with the United States and Australia in the Pacific, which made the United States and Australia feel itchy all over but do not know where the itch came from.
The second is to go to Latin America, sell fighter planes to Argentina, and deepen relations with Latin American countries. The recent summit of the Americas held in the United States was resisted by leaders of many countries and did not achieve any results in the end. It may be that it has a significant relationship with the enhancement of China’s influence in Latin America. This practice of digging into the hearts of the United States makes the United States very uncomfortable.
Thirdly, the foreign ministers’ meeting of China + the five Central Asian countries was held and a joint statement was issued. The most important outcome of the foreign ministers’ meeting was the establishment of a “China + the five Central Asian countries” summit mechanism and the establishment of the China Kyrgyzstan Uzbekistan Railway. Both China and the five Central Asian countries are willing to further deepen cooperation, but they are unable to carry out substantive cooperation because of Russia. For example, the China Kyrgyzstan Uzbekistan Railway has been delayed for 25 years. Now, a major breakthrough in strategic cooperation between China and the five Central Asian countries is a major achievement made by China in expanding its influence in Central Asia and further promoting the belt and road to the Eurasian continent.
We can see that the United States, Japan and Australia have all been particularly sensitive and ferocious to China recently because China’s development has stimulated them. Only by preventing China’s development and rise can the United States continue to act as a hegemon in the Asia Pacific region, and Japan and Australia continue to follow their masters in getting some soup. However, times have changed. China is becoming stronger and stronger step by step. The hatred of the United States, Japan, Australia and Britain towards China is deepening day by day because they will fear a stronger China. The good days when they can arbitrary bully will come to an end. A China dominated Asia Pacific region makes them restless. They will want to get rid of it and then be happy. Only by killing China can they feel at ease.
However, China today is no longer a poor and weak China, nor a China that Western powers can humiliate, plunder and bully at will. The current international situation is very conducive to China. The protracted war between Russia and Ukraine has not only dragged down Russia, Europe, but also the United States. The United States hopes that the war between Russia and Ukraine will weaken Russia. In fact, it is not weakening the United States? At present, the United States is deeply in a high inflation crisis, which is bound to plunge the United States into financial collapse and economic recession.
Although China’s economy has also encountered some difficulties, the fundamentals of China’s economy are still good and will not decline, let alone fall into crisis. Some people say that this is a worse era than anyone else. I don’t think so. The real crisis is the United States, Europe and Japan, not China. Although the United States has launched an unprecedented trade war, high-tech war and inhuman biological war against China, China has paid a huge price and cost, but China still stands, remains stable and is still developing rapidly.
Today, the launch of China’s most advanced aircraft carrier, the Fujian warship, is bound to be a landmark event for the rise of China and the fear of the United States. It will also be a landmark event for a major reversal of the balance of power between China and the United States in the Indian Pacific region. China has fully equipped itself with the military weight that no country dare to act rashly. The United States, Japan and Australia will begin to fear China’s military power, China’s increasingly powerful military power will also become a shadow of fear in their hearts. Now China can declare to the world that whoever dares to interfere in China’s Liberation of Taiwan will be wiped out, and whoever dares to infringe China’s sovereignty in the South China Sea, the East China Sea and the Yellow Sea will be wiped out.
Whether in Latin America or the depths of the Pacific, whether in Southeast Asia, the Middle East, Africa or central Asia, China is steadily advancing its national strategy. China’s great power ambition is bound to go to the ocean and cross the Eurasian continent.
The “Fujian ship” aircraft carrier is coming. I believe that our own stealth bombers and nuclear powered submarines with world-class advanced technology will also be successfully developed and put into use soon. In the future, China will build our own nuclear powered aircraft carrier.
An era belonging to China has come, and China is stepping into a new era!