If Ma Yun's fall is considered the starting point of the decline of the private economy, then Li Ka-shing's withdrawal of investment has long sent a signal.
The entire Rong family immigrating to Canada is big news this year, and it has caused panic among all private entrepreneurs. Since 1949, the Rong family has been a representative of external united front red capitalists, holding a revered status. Rong Yiren, being the vice chairman of the country, the Rong family has enjoyed all political and economic dividends in China. Now, such a prominent family has also immigrated, what does it signify? In a word, you may not believe in the character of the powerful, but you cannot deny their vision; the information they receive is beyond your imagination.
The Rong family once enjoyed great prominence and can be regarded as a symbolic family of private enterprises, right? It is said that they emptied a five-story standalone villa in Shanghai, shipping away hundreds of pieces of furniture and collectibles, and will later lay out their business in North America, bringing their wife and children to settle in Vancouver. To have persisted until now before leaving is truly patriotic. The Rong Group, known for its red-top businessmen, is represented by Rong Yiren as a national capital. It is said that their family assets exceed 300 billion USD.
The Rong family has long enjoyed imperial favor, and now they are leaving, indicating that the winds of change are upon us, and many things are quietly arriving. Those with the fate of cattle and horses, without the strength to escape, can only resign themselves to their fate. Take care of your own little piece of land; have you paid off your mortgage? Have you paid off your car loan? If you haven't, it's fine; 900 million people in the country are in debt, so why panic? Those with a bit of money should not play around; take some out to mix in the cryptocurrency circle, after all, the only relatively fair space for retail investors and those with cattle and horses to engage in is the crypto space. Moreover, everyone in the crypto space should broaden their minds and avoid factional opposition. If you hope for a good economy in the United States, a good performance in the US stock market, and a continued bull market, then the crypto bull market will continue, allowing you to go with the trend and make a little profit. Recently, BTC has plummeted, which can be considered extreme washing, making retail investors cry out. Every January has this nature. Everyone should dare to buy more as prices drop, reduce positions in batches, and then hold their coins and lie flat. In February, as spring arrives, coin prices soar every year; think about ETH surging 50%, reaching 5000 USD. Now you should be thinking about going all in, not about the end of the bull market. Why fear? Get on the bus; you have already been living in deep waters and fire. If you don't bet once, how can you turn things around in a long bull market for US stocks and the crypto market? $BTC
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