At one o'clock in the morning, my friend told me that the Understanding King urgently retracted the tariffs. No, I now seriously suspect that as a person gets older, their brain might not function as well, making them prone to dementia; I suggest you go get checked out.
The Understanding King initially said, I want to be at odds with the whole world, I want to oppose world trade, I want to go against you all, I will keep increasing tariffs until you can't take it anymore.
He also said, whoever dares to raise tariffs against me, I will hit them hard. Just a few days ago, the Understanding King suddenly changed his mind in the middle of the night, he no longer wants to play, he won't increase them anymore, let's end this matter here. I don’t know if he feels he can't hold it together anymore and wants to find a way to back down.
But this is very interesting, the Understanding King said that the attitudes of your dozens of countries are still quite good, so let's cancel the tariffs, but not for East Asia and the European Union; East Asia is too disrespectful of the market, so I will still raise tariffs, and it will take effect immediately.
Let’s ask ourselves, who exactly is disrespecting the market, who is playing house here?
The Understanding King's actions are a bit like kindergarten kids, you hit me, I hit you back; one can only say it's childish, quite childish.
At this moment, I seriously suspect he is playing the stock market, engaging in high selling and low buying.
A few days ago he shorted, today he went long, making a fortune, he’s had a blast.
Warren Buffett's next book should be titled “The Most Powerful Stock God in History”, I must say the Understanding King might really be engaging in stock trading.
Looking back carefully at what he has done since taking office, he started issuing virtual currency, not only did he issue it himself, but his wife did too, and he made a lot from this.
Virtual currency inherently has little cost involved; it peaked at $82, dropped to around $7, and now it's at $8. The profit margin in between is quite terrifying; that's a tenfold difference. If someone bought in at $82 and held until now, they would have evaporated tenfold, leaving them stunned.
The buyers are stunned, while the issuers are laughing all the way to the bank. The Understanding King must be hiding under his blanket at night counting his balance, laughing uncontrollably. Looking at this operation, it seems like no one has profited, but perhaps the one who did profit is him; he wouldn't do something that doesn't bring him benefits, especially since he is a businessman. What is the purpose of a businessman? To make money, of course, a businessman is all about making money.