When everyone beats a broken drum, the US allies turn against it and many countries begin to cut interest rates!

On June 6, the European Central Bank announced a rate cut, followed by Canada, the first rate cut in four years. For the United States, this is a stab by the European Union, and Canada has come up to sprinkle salt. In the past, the European Union followed the Fed's rate hikes and followed the Fed's rate cuts. The EU always follows the US. This time, the EU can't wait and will no longer let the Fed manipulate it. The euro is the world's second largest currency. The euro rate cut brings easing to global currencies, greatly weakens the Fed's rate hikes, and harvests the expectations of the world. Why didn't the EU listen to the Fed this time? There are two reasons

1. China has seen its decline

2. China has lost money for more than two years following China, and it can’t bear it anymore

China can sacrifice the interests of its allies for its own interests, and it just swallows its anger under the pressure of China. Now China has declined, and it can’t handle Russia and Ukraine, Palestine and Israel, and even the slipper army, which shows that this big brother has nothing to rely on, so China is lonely. Now that it can’t pay back the US debt for 100 years, it hopes to raise interest rates to harvest the whole world and fill its own debts. So China wants to force the Eastern powers to release water first by drinking beer and holding urine together with major economies in the world. Unexpectedly, the Eastern Sea is so large that its own allies can’t hold it first, and China’s plan to harvest for many years has failed.

Haha! #BTC☀