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Predicting when the dollar will collapse from the natural growth curve
Zhu Weisha December 11, 2024
After my article "The annual compound inflation rate of the US dollar against gold has exceeded 8.1% in the past 50 years, which is the main reason for the polarization of the rich and the poor" was published, some readers thought that the article was not convincing enough to explain the collapse of the US dollar in about 100 years by relying only on Chinese historical data. After all, the current means are much more sophisticated than those in ancient times.
In fa
After my article "The annual compound inflation rate of the US dollar against gold has exceeded 8.1% in the past 50 years, which is the main reason for the polarization of the rich and the poor" was published, some readers thought that the article was not convincing enough to explain the collapse of the US dollar in about 100 years by relying only on Chinese historical data. After all, the current means are much more sophisticated than those in ancient times.
In fa
See original
When Will the Dollar Collapse? — Predicting from the Perspective of Natural Growth Curves
Zhu Weisha, December 11, 2024
After my article was published, stating that the compound annual inflation rate of the dollar against gold has exceeded 8.1% over the past fifty years and is the main cause of wealth disparity, some readers believe that relying solely on historical Chinese data to explain the collapse of the dollar after about a hundred years is not convincing enough. After all, the current means are much more advanced than ancient ones.
Human nature is actually constant, and natural laws are unchanging. This article analyzes from the perspective of natural laws once again, and the conclusion is consistent. It must be noted that specific times are just references; the trend is predictable.
Characteristics of Natural Growth Curves
After my article was published, stating that the compound annual inflation rate of the dollar against gold has exceeded 8.1% over the past fifty years and is the main cause of wealth disparity, some readers believe that relying solely on historical Chinese data to explain the collapse of the dollar after about a hundred years is not convincing enough. After all, the current means are much more advanced than ancient ones.
Human nature is actually constant, and natural laws are unchanging. This article analyzes from the perspective of natural laws once again, and the conclusion is consistent. It must be noted that specific times are just references; the trend is predictable.
Characteristics of Natural Growth Curves
See original
This is probably nonsense. There were no mnemonics at that time.
Quoted content has been removed
What is the Internet Age
Zhu Weisha November 21, 2024
Satoshi Nakamoto established the Internet Age
It is the last article in this series of five articles, based on my speech at the W2140 Cryptocurrency Conference. The article "Conservatism is a misunderstanding of Trump, MAGA is the practice of advanced production relations" points out that there have been agricultural, industrial, and Internet eras in the past thousand years. The characteristics of the farming era are whoever has more land has the advantage, whoever
Satoshi Nakamoto established the Internet Age
It is the last article in this series of five articles, based on my speech at the W2140 Cryptocurrency Conference. The article "Conservatism is a misunderstanding of Trump, MAGA is the practice of advanced production relations" points out that there have been agricultural, industrial, and Internet eras in the past thousand years. The characteristics of the farming era are whoever has more land has the advantage, whoever
See original
What is the Internet Age?
Zhu Weisha November 21, 2024
Satoshi Nakamoto established the Internet era
This is the last article in this series of five articles, written based on my speech at the W2140 Cryptocurrency Conference. In the article (Conservatism is a misunderstanding of Trump, MAGA is the practice of advanced production relations), it is pointed out that in the past thousand years, there are agricultural eras, industrial eras, and Internet eras. The characteristics of the agricultural era are that whoever has more land has the advantage, whoever has more capital has the advantage in the industrial era, and whoever has more people has the advantage in the Internet era. The agricultural era formed a totalitarian society, and the industrial era formed a democratic society, so what kind of society is the Internet era?
Satoshi Nakamoto established the Internet era
This is the last article in this series of five articles, written based on my speech at the W2140 Cryptocurrency Conference. In the article (Conservatism is a misunderstanding of Trump, MAGA is the practice of advanced production relations), it is pointed out that in the past thousand years, there are agricultural eras, industrial eras, and Internet eras. The characteristics of the agricultural era are that whoever has more land has the advantage, whoever has more capital has the advantage in the industrial era, and whoever has more people has the advantage in the Internet era. The agricultural era formed a totalitarian society, and the industrial era formed a democratic society, so what kind of society is the Internet era?
Discussion on the definition of Web3
Zhu Weisha November 20, 2024
Why Web3 does not have a killer application like ChatGPT
Web3 was proposed earlier than ChatGPT. Web3 has many definitions, and everyone has his own Web3 in mind. Some say it is the next generation of the Internet, while others say it is the infrastructure for future applications such as NFT and the metaverse. The views are very advanced, but no project like ChatGPT can detonate the market all at once.
The reason is:
First, ChatGPT results from years of continuous
Why Web3 does not have a killer application like ChatGPT
Web3 was proposed earlier than ChatGPT. Web3 has many definitions, and everyone has his own Web3 in mind. Some say it is the next generation of the Internet, while others say it is the infrastructure for future applications such as NFT and the metaverse. The views are very advanced, but no project like ChatGPT can detonate the market all at once.
The reason is:
First, ChatGPT results from years of continuous
See original
Discussion on the Definition of Web3
Zhu Weisha November 20, 2024
Why doesn't Web3 have a killer application like ChatGPT?
Web3 was proposed earlier than ChatGPT, and Web3 has many different definitions; everyone has their own concept of Web3. Some say it is the next generation of the internet, while others say it is the infrastructure for future applications like NFTs and the metaverse. The views are very advanced but have not seen a project that can suddenly explode the market like ChatGPT.
The reason is:
Firstly, ChatGPT is the result of continuous exploration by humanity in neural network large models over the years. Just as the cypherpunk community has explored cryptocurrencies for many years, it was ultimately Satoshi Nakamoto who turned the results into Bitcoin. The level of perfection of Bitcoin cannot be compared with large AI models like ChatGPT.
Why doesn't Web3 have a killer application like ChatGPT?
Web3 was proposed earlier than ChatGPT, and Web3 has many different definitions; everyone has their own concept of Web3. Some say it is the next generation of the internet, while others say it is the infrastructure for future applications like NFTs and the metaverse. The views are very advanced but have not seen a project that can suddenly explode the market like ChatGPT.
The reason is:
Firstly, ChatGPT is the result of continuous exploration by humanity in neural network large models over the years. Just as the cypherpunk community has explored cryptocurrencies for many years, it was ultimately Satoshi Nakamoto who turned the results into Bitcoin. The level of perfection of Bitcoin cannot be compared with large AI models like ChatGPT.
Solving the three significant risks of Bitcoin requires Satoshi Nakamoto to come out
Zhu Weisha November 18, 2024
Bitcoin's second-half gameplay has changed
The spot Bitcoin ETF was approved in January 2024. Bitcoin has been rising all the way, various predictions have emerged in an endless stream, and the market is optimistic. Arthur Hayes, a celebrity in cryptocurrency, published an article that was strongly dissatisfied with the fund's entry, saying that Bitcoin is dead. The Bitcoin in their hearts is dead. He saw the risks.
All the game rules have changed after the entry o
Bitcoin's second-half gameplay has changed
The spot Bitcoin ETF was approved in January 2024. Bitcoin has been rising all the way, various predictions have emerged in an endless stream, and the market is optimistic. Arthur Hayes, a celebrity in cryptocurrency, published an article that was strongly dissatisfied with the fund's entry, saying that Bitcoin is dead. The Bitcoin in their hearts is dead. He saw the risks.
All the game rules have changed after the entry o
See original
Solving the three major risks of Bitcoin requires Satoshi Nakamoto to come forward
Solving the three major risks of Bitcoin requires Satoshi Nakamoto to come forward
Zhu Weisha November 18, 2024
The gameplay of Bitcoin has changed in the second half
In January 2024, the spot Bitcoin ETF was approved. Bitcoin surged, various predictions emerged, and the market was filled with optimism, while cryptocurrency celebrity Arthur Hayes published an article expressing strong dissatisfaction with the funds' entry, claiming that Bitcoin is dead. In their minds, Bitcoin has died. He saw the risks.
After the entry of large capital, all the rules of the game in Bitcoin have changed. In fact, I mentioned in my article on the natural growth curve of Bitcoin that the fourth cycle is a turning point, marking Bitcoin's transition from the first half to the second half. The spot ETF is an event that facilitates the turning point. The goal of the first half is currency issuance, while the goal of the second half is to solve the practical application issues of Bitcoin.
Zhu Weisha November 18, 2024
The gameplay of Bitcoin has changed in the second half
In January 2024, the spot Bitcoin ETF was approved. Bitcoin surged, various predictions emerged, and the market was filled with optimism, while cryptocurrency celebrity Arthur Hayes published an article expressing strong dissatisfaction with the funds' entry, claiming that Bitcoin is dead. In their minds, Bitcoin has died. He saw the risks.
After the entry of large capital, all the rules of the game in Bitcoin have changed. In fact, I mentioned in my article on the natural growth curve of Bitcoin that the fourth cycle is a turning point, marking Bitcoin's transition from the first half to the second half. The spot ETF is an event that facilitates the turning point. The goal of the first half is currency issuance, while the goal of the second half is to solve the practical application issues of Bitcoin.
The annual compound inflation rate of the US dollar against gold has exceeded 8.1% in the past 50 ye
Zhu Weisha November 16, 2024
Voima Gold analyst Jan Nieuwenhuijs wrote in 2020: "The spot gold price broke through $2,070 per ounce on August 6, setting a new record high." In the 50 years since 1973, the value of the US dollar relative to gold has shrunk by more than 98%. Figure 1 clearly shows this phenomenon. The horizontal axis of the figure is the time axis. From 1780 to 2022. The vertical axis is the price of the US dollar.
Figure 1 Comparison of the US dollar and gold
Voima Gold analyst Jan Nieuwenhuijs wrote in 2020: "The spot gold price broke through $2,070 per ounce on August 6, setting a new record high." In the 50 years since 1973, the value of the US dollar relative to gold has shrunk by more than 98%. Figure 1 clearly shows this phenomenon. The horizontal axis of the figure is the time axis. From 1780 to 2022. The vertical axis is the price of the US dollar.
Figure 1 Comparison of the US dollar and gold
See original
The annual compound inflation rate of the dollar against gold has exceeded 8.1% over the past fifty years, which is the main reason for the wealth gap.
Zhu Weisha November 16, 2024
Voima Gold analyst Jan Nieuwenhuijs wrote in 2020: 'The spot gold price broke through $2070 per ounce on August 6, setting a new historical high.' In the 50 years since 1973, the dollar's value relative to gold has shrunk by more than 98%. Figure 1 clearly shows this phenomenon. The horizontal axis of the graph is the timeline, from 1780 to 2022. The vertical axis represents the price of the dollar.
Figure 1: Comparison of the Dollar and Gold
Asset-backed dollar value stability
By 1780, the dollar was already pegged to gold. Between 1860 and 1865, during the American Civil War, the dollar experienced significant devaluation. After the war, the dollar quickly restored its parity with gold. From 1780 to 1930, over 150 years, the dollar maintained approximately 20 dollars per ounce of gold. During the Great Depression of 1929, Roosevelt's New Deal was introduced. The dollar depreciated against gold, with each ounce of gold equivalent to about 35 dollars. Despite fluctuations, it was essentially a straight line, meaning that storing dollars preserved value.
Voima Gold analyst Jan Nieuwenhuijs wrote in 2020: 'The spot gold price broke through $2070 per ounce on August 6, setting a new historical high.' In the 50 years since 1973, the dollar's value relative to gold has shrunk by more than 98%. Figure 1 clearly shows this phenomenon. The horizontal axis of the graph is the timeline, from 1780 to 2022. The vertical axis represents the price of the dollar.
Figure 1: Comparison of the Dollar and Gold
Asset-backed dollar value stability
By 1780, the dollar was already pegged to gold. Between 1860 and 1865, during the American Civil War, the dollar experienced significant devaluation. After the war, the dollar quickly restored its parity with gold. From 1780 to 1930, over 150 years, the dollar maintained approximately 20 dollars per ounce of gold. During the Great Depression of 1929, Roosevelt's New Deal was introduced. The dollar depreciated against gold, with each ounce of gold equivalent to about 35 dollars. Despite fluctuations, it was essentially a straight line, meaning that storing dollars preserved value.
Conservatism is a misunderstanding of Trump; MAGA is the practice of advanced production relations
Weisha Zhu November 15, 2024
The backwardness of the famous scholars
Recently, I saw Fukuyama's article questioning Musk's efficiency reform. Fukuyama points out that firing government officials is not necessarily the way to improve efficiency. He mentions that people generally believe that the federal bureaucracy is bloated and overstaffed, but this is not actually the case. The number of full-time federal employees is roughly the same as in 1969, about 2.3 million, but the government now spen
The backwardness of the famous scholars
Recently, I saw Fukuyama's article questioning Musk's efficiency reform. Fukuyama points out that firing government officials is not necessarily the way to improve efficiency. He mentions that people generally believe that the federal bureaucracy is bloated and overstaffed, but this is not actually the case. The number of full-time federal employees is roughly the same as in 1969, about 2.3 million, but the government now spen
See original
Conservatism is a misunderstanding of Trump, and MAGA is the practice of advanced production relations
Wishing Visha November 15, 2024
The Fall of Famous Scholars
Recently I saw Fukuyama's article questioning Musk's efficiency reform. Fukuyama pointed out that firing government officials is not necessarily a way to improve efficiency. He mentioned that people generally believe that the federal bureaucracy is bloated and overstaffed, but in fact it is not. The number of full-time federal employees is basically the same as in 1969, about 2.3 million, but the government now spends more than five times as much as it did then. In fact, the government is currently understaffed! He based his inferences on the rules of the industrial age, that is, the political and economic system. He does not understand Internet economics, and it is normal to draw this conclusion. In fact, there is no Internet economics at all, because economists' research cannot keep up with the development speed of the Internet. How can a tortoise teach a rabbit to run?
The Fall of Famous Scholars
Recently I saw Fukuyama's article questioning Musk's efficiency reform. Fukuyama pointed out that firing government officials is not necessarily a way to improve efficiency. He mentioned that people generally believe that the federal bureaucracy is bloated and overstaffed, but in fact it is not. The number of full-time federal employees is basically the same as in 1969, about 2.3 million, but the government now spends more than five times as much as it did then. In fact, the government is currently understaffed! He based his inferences on the rules of the industrial age, that is, the political and economic system. He does not understand Internet economics, and it is normal to draw this conclusion. In fact, there is no Internet economics at all, because economists' research cannot keep up with the development speed of the Internet. How can a tortoise teach a rabbit to run?
The rise of Bitcoin is determined by demand
Zhu Weisha October 15, 2024
Bitcoin does not represent the value of the Bitcoin system; that is, it does not represent its equity. The Bitcoin system is its accounting system. For Bitcoin's value to grow, it is best not to change.
Bitcoin is a commodity, and the value of a commodity is determined only by supply and demand. When demand is high, the price rises, and when demand is low, the price falls.
The expectation of demand affects the rise and fall of Bitcoin prices. The impact of news on B
Bitcoin does not represent the value of the Bitcoin system; that is, it does not represent its equity. The Bitcoin system is its accounting system. For Bitcoin's value to grow, it is best not to change.
Bitcoin is a commodity, and the value of a commodity is determined only by supply and demand. When demand is high, the price rises, and when demand is low, the price falls.
The expectation of demand affects the rise and fall of Bitcoin prices. The impact of news on B
See original
Bitcoin's rise is determined by demand
Zhu Weisha October 15, 2024
Bitcoin does not represent the value of the Bitcoin system, that is, it does not represent the equity of the Bitcoin system. The Bitcoin system is the accounting system of Bitcoin. In order for the value of Bitcoin to grow, the Bitcoin system is best not to change.
Bitcoin is a commodity, and the value of a commodity is determined solely by supply and demand. When demand is high, prices go up, and when demand is low, prices go down.
What affects the price of Bitcoin is the expectation of demand. The impact of news on Bitcoin is multifaceted and not as easy to predict as commodities. The trend of Bitcoin affected by news is related to the US stock index, mainly the technology stock index.
Bitcoin does not represent the value of the Bitcoin system, that is, it does not represent the equity of the Bitcoin system. The Bitcoin system is the accounting system of Bitcoin. In order for the value of Bitcoin to grow, the Bitcoin system is best not to change.
Bitcoin is a commodity, and the value of a commodity is determined solely by supply and demand. When demand is high, prices go up, and when demand is low, prices go down.
What affects the price of Bitcoin is the expectation of demand. The impact of news on Bitcoin is multifaceted and not as easy to predict as commodities. The trend of Bitcoin affected by news is related to the US stock index, mainly the technology stock index.
Let's start with the principle of Bitcoin's rise
Zhu Weisha October 14, 2024
Bitcoin has no advertising; how did it develop?
Transactions in the circle of acquaintances
First of all, Bitcoin has early transactions. Bitcoin has been traded over the counter since 2009. In October 2009, the New Liberty Standard began to publish Bitcoin prices calculated based on power consumption. On October 5, 2009, the quote was 1 US dollar to 1309.03 Bitcoins. With cost as a benchmark, Bitcoin has a floor price, the bottom of computing power. And its top is
Bitcoin has no advertising; how did it develop?
Transactions in the circle of acquaintances
First of all, Bitcoin has early transactions. Bitcoin has been traded over the counter since 2009. In October 2009, the New Liberty Standard began to publish Bitcoin prices calculated based on power consumption. On October 5, 2009, the quote was 1 US dollar to 1309.03 Bitcoins. With cost as a benchmark, Bitcoin has a floor price, the bottom of computing power. And its top is
See original
Let’s start with the principle of Bitcoin’s rise
Zhu Weisha October 14, 2024
How did Bitcoin develop without any advertising?
Transactions among acquaintances
First of all, Bitcoin had early transactions. Bitcoin has been traded over the counter since 2009. In October 2009, New Liberty Standard began to publish Bitcoin prices calculated based on power consumption. The quote on October 5, 2009 was 1 USD to 1,309.03 Bitcoins. With cost as a benchmark, Bitcoin has a floor price, that is, the bottom of computing power. Its ceiling is determined by market sentiment. The price on October 16 was 1 USD 803.27 Bitcoins. By May 22, 2010, 40 USD was equivalent to 10,000 Bitcoins, that is, 1 USD to 250 Bitcoins. It rose five times in 7 months. Since Bitcoin is only popular in a small technical circle. The small circle is what we call the "circle of acquaintances". OTC transactions in the circle of acquaintances did not bring much progress to Bitcoin. From the perspective of mining computing power, it only increased by 18% in the first year, which also proves this point.
How did Bitcoin develop without any advertising?
Transactions among acquaintances
First of all, Bitcoin had early transactions. Bitcoin has been traded over the counter since 2009. In October 2009, New Liberty Standard began to publish Bitcoin prices calculated based on power consumption. The quote on October 5, 2009 was 1 USD to 1,309.03 Bitcoins. With cost as a benchmark, Bitcoin has a floor price, that is, the bottom of computing power. Its ceiling is determined by market sentiment. The price on October 16 was 1 USD 803.27 Bitcoins. By May 22, 2010, 40 USD was equivalent to 10,000 Bitcoins, that is, 1 USD to 250 Bitcoins. It rose five times in 7 months. Since Bitcoin is only popular in a small technical circle. The small circle is what we call the "circle of acquaintances". OTC transactions in the circle of acquaintances did not bring much progress to Bitcoin. From the perspective of mining computing power, it only increased by 18% in the first year, which also proves this point.
Why Wei Dai is Satoshi Nakamoto?
Zhu Weisha October 12, 2024
Recently, a documentary by HBO said that the person who found Satoshi Nakamoto was Todd. It attracted global attention, primarily because of HBO's fame. But this conclusion does not stand up to scrutiny. A big-name TV station is suitable for news reporting but not for research because it does not have the right idea to find Satoshi Nakamoto. With the right idea, it is not difficult to find. In 2022, it took me less than a day to confirm who Satoshi Nakamoto was. It to
Recently, a documentary by HBO said that the person who found Satoshi Nakamoto was Todd. It attracted global attention, primarily because of HBO's fame. But this conclusion does not stand up to scrutiny. A big-name TV station is suitable for news reporting but not for research because it does not have the right idea to find Satoshi Nakamoto. With the right idea, it is not difficult to find. In 2022, it took me less than a day to confirm who Satoshi Nakamoto was. It to
See original
Why is David Satoshi Nakamoto?
Zhu Weisha October 12, 2024
Recently, a documentary on HBO said that the person who found Satoshi Nakamoto was Todd. It attracted global attention, mostly because of HBO's fame. But this conclusion cannot stand up to scrutiny. A big-name TV station is suitable for news reporting, but not for research, because there is no correct way to find Satoshi Nakamoto. With the right idea, it is not difficult to find. In 2022, I confirmed who Satoshi Nakamoto was in less than a day? It took two months to prove him.
I studied Satoshi Nakamoto carefully. The research report is "Please bring out Satoshi Nakamoto to welcome the new world." I understand Satoshi Nakamoto's new world, and finding him is the need of the times. When you understand the full picture of cryptocurrency, it is very simple to find him.
The logic of finding Satoshi Nakamoto:
First, the abstraction of the problem: Satoshi Nakamoto is not an alien, and finding Satoshi Nakamoto is not a new problem. Time is a weighing machine, so after the precipitation of time, Satoshi Nakamoto must be one of the dozen suspects.
Second, based on Satoshi Nakamoto's behavioral portrait: study his behavior, which lasted from 1992 to 2010. And the behavior study of the core figures in the history of cryptocurrency, from 1980 to 2020.
Third, the conclusion is based on the portrait and characteristics:
1. The suspect publicly and accurately stated: "I am not Satoshi Nakamoto", which is inconsistent with the portrait. Negative.
2. The subject publicly and accurately stated: "I am Satoshi Nakamoto", which is inconsistent with the portrait. Negative.
3. Never publicly and accurately stated: "I am not Satoshi Nakamoto", but only vaguely denied it, and it is consistent with the portrait. Affirmative. Coincidentally, there is only one person.
Conclusion:
Satoshi Nakamoto: Real name David. Chinese American, male, born in 1976, living on the west coast of the United States, a child prodigy, and a cypherpunk.
He is a cryptography expert, computer software product design expert and programming expert, and the founder of cryptoeconomics.
He is one of the great founders of Bitcoin and the only original creator of the Bitcoin system.
He is the "chosen son" with a mission and a contemporary Prometheus.
Zhu Weisha October 12, 2024
Recently, a documentary on HBO said that the person who found Satoshi Nakamoto was Todd. It attracted global attention, mostly because of HBO's fame. But this conclusion cannot stand up to scrutiny. A big-name TV station is suitable for news reporting, but not for research, because there is no correct way to find Satoshi Nakamoto. With the right idea, it is not difficult to find. In 2022, I confirmed who Satoshi Nakamoto was in less than a day? It took two months to prove him.
I studied Satoshi Nakamoto carefully. The research report is "Please bring out Satoshi Nakamoto to welcome the new world." I understand Satoshi Nakamoto's new world, and finding him is the need of the times. When you understand the full picture of cryptocurrency, it is very simple to find him.
The logic of finding Satoshi Nakamoto:
First, the abstraction of the problem: Satoshi Nakamoto is not an alien, and finding Satoshi Nakamoto is not a new problem. Time is a weighing machine, so after the precipitation of time, Satoshi Nakamoto must be one of the dozen suspects.
Second, based on Satoshi Nakamoto's behavioral portrait: study his behavior, which lasted from 1992 to 2010. And the behavior study of the core figures in the history of cryptocurrency, from 1980 to 2020.
Third, the conclusion is based on the portrait and characteristics:
1. The suspect publicly and accurately stated: "I am not Satoshi Nakamoto", which is inconsistent with the portrait. Negative.
2. The subject publicly and accurately stated: "I am Satoshi Nakamoto", which is inconsistent with the portrait. Negative.
3. Never publicly and accurately stated: "I am not Satoshi Nakamoto", but only vaguely denied it, and it is consistent with the portrait. Affirmative. Coincidentally, there is only one person.
Conclusion:
Satoshi Nakamoto: Real name David. Chinese American, male, born in 1976, living on the west coast of the United States, a child prodigy, and a cypherpunk.
He is a cryptography expert, computer software product design expert and programming expert, and the founder of cryptoeconomics.
He is one of the great founders of Bitcoin and the only original creator of the Bitcoin system.
He is the "chosen son" with a mission and a contemporary Prometheus.
China's stock market and sentiment value
Zhu Weisha October 9, 2024
The stock market represents a company's value, which is valued based on its possible profit prospects. Compared with the world's stock market, China's and Hong Kong's stocks are both undervalued. Why are they undervalued? Their prospects are not optimistic.
The rescue measures are aimed at the stock market, but there is no overall economic revitalization plan; the prospects are unclear. Value investors cannot see the future value prospects and choose to exit. It is the
The stock market represents a company's value, which is valued based on its possible profit prospects. Compared with the world's stock market, China's and Hong Kong's stocks are both undervalued. Why are they undervalued? Their prospects are not optimistic.
The rescue measures are aimed at the stock market, but there is no overall economic revitalization plan; the prospects are unclear. Value investors cannot see the future value prospects and choose to exit. It is the