Let's discuss the economic turmoil that the United States is about to experience behind this matter,and what preparations China should make.

With the political and economic turmoil within the U.S.,major investors are now seeking safe havens,and some of their funds are flowing into the gold market.

Some institutions predict that gold will hit a historical high.

In addition,Bitcoin has risen by 3.26% within 24 hours.

It's worth mentioning that two tokens named after "Old Special" have also risen by 34% and 67% respectively within 24 hours,while the joke asset named after "Old Bai" has fallen by about 15% within 24 hours.

This has truly become a big joke.

So let's first discuss why everyone has started to seek safe havens after this incident?

It's because Old Special advocates policies such as increasing tariffs,expelling immigrants,and deficit financing!

Old Special has previously said that he wants to impose a high tariff of 60% on Chinese goods.

Don't forget,when he says Chinese goods,he means all Chinese goods!

That's quite outrageous.

Because we must understand that,aside from new energy vehicles,the highest tariff the U.S.imposes on Chinese goods is only 25%.

Moreover,it's worth mentioning that Old Special will also impose higher tariffs on Chinese new energy vehicles.

This means that the U.S.will add high tariffs on top of the 100% tariff on Chinese cars.

Why?

Because Old Special himself does not look favorably upon the development of new energy vehicles,saying it will harm the achievements of American energy independence.

It can be seen that Old Special's trade policy towards China will be more aggressive.

This also means that the U.S.is about to completely abandon Chinese goods.

Speaking of which,the high inflation in the U.S.is already hard to suppress,and if Old Special really does this,completely rejects the high-quality and low-cost goods from China,then the high inflation in the U.S.will be even harder to suppress.

Therefore,it's not surprising that investors of all stripes choose to buy safe-haven assets to avoid the losses brought by high inflation.

Secondly,Old Special also advocates protecting the interests of Americans by expelling immigrants,saying he wants to send those foreigners back to their home countries.

Speaking of which,I wonder what the Chinese Americans think?

They were desperate to go to the U.S.,and now they might be sent back and not wanted.

This has once again slapped the faces of those Chinese who worship foreign things!

Of course,let's get back to the main point.

The reason Old Special is doing this is that in the past year,millions of illegal immigrants have been employed by American companies,and because their wages are low,they have caused some Americans to lose their jobs.

In other words,among the new non-agricultural employment figures in the U.S.,some are contributed by illegal immigrants.

Although Old Special's move is beneficial to Americans,increasing their wage income,it will also push up the high inflation in the U.S.

Furthermore,Old Special's advocacy of deficit financing will further increase the scale of U.S.debt.

Because we must understand that the U.S.debt scale is close to 35 trillion U.S.dollars,and in this way,U.S.debt will become a number that the U.S.cannot afford to repay.

In other words,if Old Special wants to engage in deficit financing,he must issue government bonds,and to get others to continue to be the "white knights" for U.S.debt,it is necessary to continue to raise the interest rates of U.S.debt,increasing the burden on the U.S.government.

Now there are institutions predicting that the yield on 10-year U.S.bonds will rise by 25 basis points.

Isn't this at odds with the Federal Reserve?

Because the Federal Reserve has just eased the interest rate cut for the dollar.

If this goes on,is there still a need for the Federal Reserve?

This will also lead to a significant loss of confidence in the dollar.

However,speaking of which,if Old Special really wants to achieve the above series of wishes,deficit financing is a path that Old Special must take.

At this point,some people will say,since Old Special is detrimental to the U.S.economy,why do so many people still support him?

That's because the internal economic contradictions in the U.S.are numerous,and if it is detrimental to one part,it will definitely be beneficial to another part.

For example,Musk.

Although Old Special does not support the U.S.new energy vehicle subsidy plan,imposing high tariffs on Chinese cars is not the same as benefiting Tesla's market share in the U.S.and Western countries?

Moreover,this is also beneficial to credit card companies,private prisons,and so on.

So far,it can be said that the current poor economic situation in the U.S.may need a more radical person to lead it.

Because Old Special is a businessman,high debt is not afraid,as long as he can continue to shear the world's wool,that's the key!

So it seems that the high inflation in the U.S.that follows,along with the high interest rates,means that the Federal Reserve's just eased interest rate cut expectations are hanging again,and various developing countries are probably going to bleed heavily.

So for us,we should not pin our hopes on anyone.

It can be said that under the current economic situation in the U.S.,there is only worse,no worst.

Anyone who comes up is the same!

So,what we need to do is to strengthen our foundation and promote our domestic demand.

In addition,we also need to maintain good foreign trade relations with more developing countries,to de-dollarize together,that's the key.

As for the U.S.economy,let's just wait and watch a history of U.S.economic turmoil!