On a rainy day, I finally finished reading 'The Four Teachings of Master Liao Fan', thanks to Teacher Liao Ao for the recommendation!
1. After finishing, I think it's important to reflect on one's life, what to believe in, and what practices have been misconceptions. For example, one might always think that beggars on the overpass are scammers, but even if they are, there are reasons beyond their control.
2. Life depends on fate, luck, feng shui, accumulating virtue, and reading. Whether you believe it or not, doing good deeds and accumulating virtue is ultimately not a bad thing.
3. Fate is determined by myself, and fortune must be sought by oneself. The ultimate principle is altruism: help others first, and money will follow. The more altruistic you are, the more you will reap without effort. This is unquestionable; for example, the #BlueBirdClub, where Brother Bird not only helps everyone solve problems but also works hard to find money-making opportunities for everyone. He makes money and gives red envelopes to everyone, always thinking about how to benefit others. Such a broad vision will ultimately help the community and himself become better!
4. Key secret: Do three things every day: do good deeds, don’t harm yourself, and stay humble.
5. The ultimate truth: changing fate is like planting a tree, it cannot be rushed. Watering every day (doing good) + not stepping on the seedlings (not doing evil) = results will come eventually.
As for whether the fruit is cherries or wild sour dates… it depends on fate, but it's better than just staring blankly!
I personally feel that since the Geneva talks, the decision-making system in the United States seems to have changed.
In this trade negotiation, the US leaders are Treasury Secretary Mnuchin and Trade Representative Lighthizer. One is a Wall Street tycoon, and the other is an expert in trade negotiations. The appointments of these two individuals have nothing to do with Trump's loyalty-based hiring approach, and this trade negotiation also reveals a shrewdness in recognizing strength and avoiding confrontation with weakness, which can be seen as Wall Street regaining control over US policy.
In fact, even having a meeting with Trump's team could attract onlookers, as he truly cannot handle the macroeconomic and political issues; for him, the best option is to dabble in stocks and cryptocurrencies to gain some benefits for himself.
So what happens after the new tariff policy takes effect? Currently, the influx of cargo containers into the US has surged by 300%, temporarily creating a scenario where China and the US are jointly navigating the global landscape, which is the short-term optimal solution.
What about the future? The largest producer and the largest consumer will definitely continue to confront each other as the main storyline. However, in the short term, the probability of a collapse of US Treasury bonds and the dollar has decreased, even though it is still beset by high debts; the dominance of the dollar, which constrains the global landscape, will continue, as evidenced by military sales agreements with Saudi Arabia. Capital has a strong inertia; it will sweep across the globe and make you one of its members, and once it collapses, you will also be affected. Suppose China does not have a strong defense to support it and is forced to let the RMB flow freely under US pressure; then the dollar would become a weapon, akin to water flushing down a toilet, used to wipe out all of China's valuable assets, and the internationalization of the RMB would be strangled in its cradle.
Fortunately, time is on our side. Time will not make US manufacturing stronger; it will only continue to widen the gap in hard power between the US and China, and the scale of debt will continue to expand. In terms of defense, we will gradually address the weaknesses of not meeting standards in certain equipment and insufficient overall construction in countering NATO systems.
I have always insisted that it is the hardworking and competitive Chinese people who create the cheap products that support the high welfare life of the people in Europe and America. Deep down, I also hope this hard confrontation between China and the US will explode completely! Now that everything is back on track, let's be a little more patient, take care of our health, and do a bit more in the cryptocurrency space to stimulate domestic demand!