On this turbulent global financial stage, an unprecedented asset battle royale is quietly kicking off. Every number jump affects the hearts of billions of investors. Fans, can you also feel the tense atmosphere of impending storm? Today, Brother Ming will unveil the mysterious hunt of this financial storm with everyone, and explore whether the seemingly indestructible dominoes of the US economy have really fallen?

First, let's go straight to the scene. The latest non-farm payrolls report released by the U.S. Department of Labor is like a heavy bomb, instantly detonating the calm of the market. Data shows that only 114,000 new jobs were added in July. This figure is not only far below market expectations, but also the lowest salary in the year, as if a crack has quietly appeared under the strong performance of the U.S. economy. What is more remarkable is that the salary growth rate has also fallen back to 3.6%, creating a three-year low. This can't help but make people question whether the power of the huge machine of the U.S. economy is gradually weakening, and all this seems to foreshadow more profound changes. The Sam's rule, which is known as an early warning device for economic recession, has been quietly triggered. The slight rise in the unemployment rate, like the first domino, may have quietly triggered a chain reaction. Looking back at history, the Sam's rule has been verified without exception in the past eleven U.S. economic recessions, and its accuracy is shocking. Now, it has sounded the alarm again, how can it not make people feel nervous. At the same time, the sluggish manufacturing industry has also cast a shadow on the prospects of the U.S. economy. The i s m manufacturing index slipped to an eight-month low. The shrinking trend of the U.S. manufacturing industry has become increasingly obvious. The sluggish consumer demand and confidence are like a cold wind in winter, making the market feel a chill.

The United States has been raising interest rates crazily for two years and four months. When will it cut interest rates? In fact, as long as China does not collapse, the United States will not cut interest rates. According to the US interest rate hike pattern in recent years, the Federal Reserve should have cut interest rates in June this year, but now it is August and there is no sign of a US interest rate cut.
In fact, Mingge believes that the purpose of the US interest rate hike is not to curb inflation, but to blow up China, and blowing up China can solve the two major problems currently facing the United States in one fell swoop. The first major problem is that the United States has been surpassed by China and lost its position as the world's hegemon. The second major problem is its 34 trillion yuan in debt. In the more than two years since the US interest rate hike, capital in China has continued to flow to the United States, and at the same time, capital from other countries in the world has also flowed to the United States because of the US interest rate hike, resulting in a decline in global purchasing power and a decline in my country's export trade volume. The United States uses administrative means to subsidize various industries to make up for the deficit caused by the high financing costs caused by the interest rate hike. The Americans' wishful thinking is that as long as the United States continues to raise interest rates, China's export trade volume will continue to decline. When China's trade surplus dries up to a certain extent, not only will the internal economy be unable to maintain, but China's existing foreign exchange reserves will also be exhausted. By then, in order to save the economy, China can only flood the domestic market with money, and flooding the market with money will cause the value of the RMB to plummet. If China wants to stabilize the exchange rate and the economy, it has to accept the harsh conditions of the United States and become a fish on the chopping board of the United States. In this way, the United States can reap the wealth accumulated by China for decades to fill their huge debts. China will become the second Japan, and the United States will continue to be the world's boss. But the Americans are too idealistic. China is not Japan, which can only be manipulated by the United States. We have our own ideas.

The Bank for International Settlements (BIS) has issued the latest regulations on cryptocurrencies, which is like putting a "shackle" on banks for cryptocurrencies. Institutions that want to invest large amounts of money into the cryptocurrency market are restricted.
1. Total exposure limit: The total exposure of banks to secondary crypto assets such as XRP, ETH, BTC, etc. shall not exceed 1% of their tier-one capital. This sets a maximum position for cryptocurrency investments of banks with different amounts of funds.
2. Single asset restrictions: Any single secondary crypto asset may not account for more than 5% of the total secondary asset holdings. This is like a bank’s cryptocurrency investment cannot put all eggs in one basket, but must be equally distributed.