Mile: Argentina has ended its deficit for the first time in 123 years
"Deficit is the root of all evil - without deficit, there is no debt, without money release, there is no inflation.
Today, for the first time in 123 years, we have achieved a sustained fiscal surplus and no debt default.
This historic achievement comes from the largest adjustment in history, reducing monetary emission to zero.
A year ago, a depraved man printed 13% of GDP to win the election, exacerbating inflation.
Today, money release is a thing of the past."
With the risk of tariffs from the United States approaching, China seems to have prepared bargaining chips to welcome a new round of trade wars. Public opinion analysis pointed out that this includes an antitrust investigation against Nvidia and a ban on the export of rare minerals; there are also reports that Chinese leaders are considering devaluing the renminbi to cope with the possible tariff war.
The renminbi should depreciate to 8 in the near future. Make U well. Your U will be valuable. But now consumption is downgraded, the internal circulation is broken, deflation is rising, and prices are soaring. 100 yuan can no longer buy a few buns. There is no other way. Even if you make a lot of money, you still have to tighten your belt to make ends meet. $BTC