Country C's cattle and horses have no money, there will be no counterfeit season
五味子
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Cai Chongxin: Last year, the GDP growth of Country C reached 5%, mainly driven by exports. However, this year, due to tariffs and geopolitical factors, Country C's export performance may not be as strong as last year.
So now it is necessary to stimulate domestic consumption; the consumption potential of Country C's consumers is very considerable. The asset-liability situation of Country C's households is very good, with total deposits exceeding 20 trillion USD. Therefore, consumers are just holding onto cash, waiting for the right time to spend.
Recently, the economy of Country D is in a mess. Local debt and deficits remain high. Now many places are raising the prices of water, coal, gas, and electricity, squeezing the common people's resources to barely get by. A large number of residents are unemployed, and the employment rate has been continuously declining. The common people are barely surviving on meager resources. You ask residents to consume, but where will the money come from? Stimulating domestic demand is just a slogan; if the government distributes money, let's say 2000 RMB per capita, how could domestic demand not improve? But think about it, will it?
It has been consistently observed that the ups and downs of Country C's economy have little impact on the cryptocurrency market. There are almost no policies that affect the rise and fall of the crypto market. Except for a war over the Treasure Island, local unrest, or the introduction of the U.S. into the conflict, it is unlikely. People in the crypto market all hope for a strong U.S. economy, soaring stock markets, decreasing inflation, and robust technological development. It is not that people in the crypto market do not love their own country, but rather that their interests dictate their perspectives. If U.S. stocks do not rise, the crypto market does not rise; if U.S. stocks fall, the crypto market plummets. The crypto market is the only place for Country C's cattle and horses to participate in global capital games and connections. However, in the past two years, as Country C's economy has worsened, the income of cattle and horses has decreased, leaving no more funds to invest in the crypto market. Hence, there has been no altcoin season. Without money, what else can one buy, especially altcoins? So you only see Bitcoin rising, as it is driven by institutional games and has little to do with retail investors. Accept reality: in this bull market, there will not be another altcoin season. $BTC #掌握市场 👇👇👇 币安王牌KOL专属群(五味子)
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