As Mr.Guo mentioned in the live broadcast many times: the CCP highly values the five strategies outlined in the Book of Lord Shang. One of the strategies is to deprive people of any accrued wealth. If people can only struggle with food and clothing, they will have no energy to fight for human rights and democracy. Therefore, the poorer the people, the easier it is to be manipulated by the government. To make the people poor, the CCP has been putting a lot of thoughts.
The first is the real estate trap: the Communist Party pushes housing prices up to sky-high, and then the Chinese people have to invest most of their savings, and even overdraft their income for the second half of their lives (so-called mortgages) into real estate. Moreover, the CCP enacts a law to restrict transactions (such as houses which are newly purchased are not allowed to be sold within three years), and the house is not allowed to be sold at any time. Therefore, most of the people’s money is turning into a house.
Next is the medicine trap: pushing up the cost of medicines and medical treatment to sky-high prices. Once the ordinary people get sick, half of their savings may be wiped out.
If there are people who try to save money and not spend money on buying a house or hospital expenses. The CCP designs a stock market trap for people who are holding their money bags tightly. The CCP will push up the stock market in the short term, meanwhile, to brag out all-round for the arrival of the bull market, and the fairy tale of making wealth in the stock market to poor people. As soon as people’s money entered the market, the stock market sharply began to fall. At the same time, various policies have been introduced (the most famous is the so-called circuit breaker mechanism in 2016) to prevent ordinary people’s money from escaping and victims can only wait for it to happen.
From October 2015 to December 2015, in just two months, the Shanghai Composite Index increased from 3,000 points to more than 3600 points and then began to plummet again, which has been playing people who entered the market for the profit. From December 2015 to the end of January 2016, it took only two months to drop from over 3,600 to over 2,600 drastically. At the same time, on January 1st, 2016, the so-called circuit breaker mechanism was introduced. If the Shanghai Composite Index falls by more than 5%, trading will be suspended for 15 minutes. As a result, on January 4th, 2016 and January 7th, 2016 (5th and 6th are weekends), the circuit breakers were blown four times, and retail investors did not even have the chance to escape. In just two or three months, retail inverters’ money was almost gone due to the stock market trap. (Not to mention various investment scams endorsed by the government: Pan Asia, p2p, crude oil treasure…)
Of course, if there are smart people who have not been deceived, the government still has a trick: local debt! If the national debt is not enough, then it will issue local debt. All local governments can issue bonds on their own, and the interest rate is naturally higher than banks. The Chinese people thought the debt issued by the government was extremely reliable, and the threshold was so low that it could be bought for 100 yuan. But is local debt reliable?
The Chinese Communist Party’s national GDP in 2019 was about 100 trillion yuan. Even in 2020, the national economy grew by 6.1%, or only 6 trillion yuan, as the Chinese government boasted, which is only enough to repay local debt. What about the national debt issued? Therefore, the CCP government cannot repay the local debt. What is more, in 2020 the so-called three carriages of the Chinese Communist Party to stimulate the economy —foreign trade has been over, and the introduction of foreign capital is almost zero. Pulling domestic demand almost depends on people to set up the stall. With the addition of epidemics, floods, etc. Can GDP grow by 6%? This local debt can be paid only the sun rises from the west.
What the CCP has in mind is: as far as the real estate trap exists, for ordinary people who do not necessarily need a house or people do not have much savings, they will not step into the trap. As for the medical trap, many people choose not to treat either minor or major diseases. For the stock market and other financial traps, rich people are targeted, and these people are the ones being played. But this local debt is different. They set the starting point to 100 yuan, whether you are a street vendor, a guard, or a cleaner, you can afford it. It is aiming at the wallets of the people who are struggling at the lowest level of society! The CCP really wants to wipe out people’s hard-earned money!
Translator：Australia Himalaya Farm Translation Team
(The content of the article only represents the author’s opinion)