The Fed cuts interest rates by 25 basis points or 50 basis points. There are big differences in the market now. If it cuts too quickly, there will be a fear of inflation rebound; if it cuts too slowly, the government and banks will face great pressure of insolvency, which is very entangled.

But it must be cut, but no matter how much it cuts, my long-term view remains unchanged. The premise of printing money and cutting interest rates is that the funds can be spent, good investment targets can be found, and new production capacity can be brought. Obviously, this is impossible in the current global environment. When the leeks realize that these measures of printing money and cutting interest rates are ineffective, it will trigger a relatively large economic collapse, starting with the US stock market.

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