If a company boss tells everyone at the company's annual meeting that he will give all employees a salary increase in the next year, the employees' enthusiasm will definitely be stimulated in the short term, the company's benefits will also improve, and the company will experience a period of explosive growth. However, six months later, because of the economic environment, the company's profitability has deteriorated, or the business expansion has deteriorated, the company's orders are facing reduction, and the operation is facing pressure, what should the boss do? At this time, the boss only needs to use not to reduce wages, in fact, he can appease the hearts of most people, and promise that after the company successfully overcomes the difficulties, he will immediately increase the salary of all those who struggle with the company. Many people in the workplace may have eaten such a big pie. However, as time goes by, some smart executives in the company choose to leave quietly, which shakes the confidence of the entire company and may even cause the company to collapse. Why do executives leave? Because there are so many big cakes in the refrigerator of the executives' homes, so the boss's cake can only let them eat for a while, but not for a period of time, and the promised benefits and corporate improvement have been delayed. This is just a workplace story, which may contain fantasy elements or may be a reflection of reality.
But if you replace the company with the United States, the boss with the US top brass or the Federal Reserve, the executives with the US elite, that is, the main holders of US debt, and the employees with global financial investors.
Then you replace the corporate crisis with the current economic situation in the United States, and replace the promised future salary increase with the expectation of interest rate cuts.
Then you slowly taste the flavor of it...
