CryptoGrandmaster

Stocks from 2,600 to 4,000, the US Nasdaq from 17,000 to 25,000, gold from 400 to 1,000, Bitcoin from 20,000 to 70,000, silver, and so on—I won't list them all. Too many assets have doubled.
So, may I ask, in real life, if you assume you know ten people around you, how many of them have doubled their assets?
Very few, very few. Why? Because 90% of Chinese people's assets are in their houses, which are declining at a rate of 10% per year.
Everything in society seems prosperous, and you see people getting rich overnight on social media every day, but none of it concerns you.
Clothing, food, hous

Let 100 people choose between two options, and about 90 people will choose to go to the commercial KTV to hug the little sister singing and sing along, only 10 people choose to go to the library to read Hayek's "The Road to Serfdom."
Let 100 people choose between two options again, and approximately 99 will choose to go to the glamorous coastal big city to make money and enjoy life, only 1 person chooses to go to the harsh northwest desert to plant trees and reforest.
If we judge civilization based on the flow of people, then going to the commercial KTV to "sing flowers" is civilization, and r

When I was young, I learned "Lantingji Xu" and thought, what is all this writing about? It’s not as poetic or interesting as the neighboring "Tengwang Pavilion Preface."
But after I turned 30, a line from "Lantingji Xu" kept coming to mind: When one is pleased with what they encounter, temporarily gains for themselves, and feels content, they do not realize how close old age is.
When what they have is exhausted, feelings change with circumstances, and they are filled with emotion.
What one delights in, in the blink of an eye, becomes old relics, yet one still cannot help but feel moved b

What is the greatest sorrow of the poor in China?
Many parents themselves have little ability
Confusedly giving birth to you
Giving you a ugly face, a pig brain
Giving you a back of the head flatter than a rice scoop to sleep on
Casually giving you a broken name
Then telling you to stand out from the crowd
Putting all the chips on your shoulders
Many people endure an unhappy childhood
Painful adolescence and hopeless youth
They often suppress you when you're young, but when you grow up, they want you to be confident
When you're young, they tell you not to compare your eat

My cousin is forty-two years old. Last year, he traveled abroad for the first time and went to Iceland.
After he came back, his whole state was off.
It’s not the kind of “Wow, I saw the Northern Lights, so healing” state, but the opposite—he became a bit silent, completely different from the guy who used to crack jokes as soon as he opened his mouth.
I invited him to dinner and asked him three times before he finally told me the truth.
He said he always thought traveling was for young people, and now he realizes he didn’t just miss Iceland.
My cousin is a typical “work first, enjoy l

Why does China need to rescue the stock market now?
Currently, the national fiscal pressure is enormous, local governments are heavily in debt, and ordinary people still have some money in their pockets, so they play a game to divert funds.
The national team holds chips like Huijin and others that bought below 3,000 points; these chips are gradually sold off at high levels, and the profit from the price difference makes up for the fiscal gap.
Essentially, it's about making a profit from the price difference.
Local governments hold some shares of state-owned enterprises, also sold off a

You know what to do now, right?
Encouraged by the government: getting married, buying a house, buying a car, social security, A-shares
Restricted by the government: opening accounts overseas, investing in U.S. stocks, cryptocurrencies, trading gold, accessing foreign websites

Someone asked me how to evaluate China's Securities Regulatory Commission's plan to severely punish Tiger, Futu, and Changqiao according to the law?
Many people think this is to encourage everyone to buy A-shares, but that's not the case; it's to control foreign exchange.
Whether you buy A-shares or not, they don't really care.
What they care about is whether you have exchanged foreign currency.
Foreign exchange is the real wealth within the country, so now you understand why the country values exports so much.
The paper money you hold is just a piece of paper with patterns that some

You want to buy a house. Why buy a house?
Face yourself directly, here are some reasons:
1. To marry a wife, most women require having a house.
2. To live comfortably oneself.
3. Everyone around is buying.
4. Can't resist parents' demands.
5. Having speculative psychology oneself, hoping house prices will rise after buying.
6. For children’s schooling. So let’s break it down:
1. Is it true that all women hope to have a house to marry? Not necessarily. Some women may share your view, some can negotiate. What is the fundamental principle of gender relations?
It’s value. If your

Many people don't know:
Currently, there is only one Chinese component stock in the Nasdaq 100, called Pinduoduo.

To judge the true social situation of a country, you can refer to its popular film and television cultural works.
If most characters in the works are portrayed as capitalists, bureaucrats, corporate executives, social elites, middle class, etc., then it indicates that ordinary people here are living worse than death;
If most characters are portrayed as skilled workers, ordinary office workers, small civil servants, service staff, small shop owners, etc., then it suggests that social competition in this country is not very fierce, and ordinary people can also have basic living conditions an

Where is the way out for ordinary Chinese people?
Teacher Ma simply said, there's no way out.
Ordinary people just live like this, waiting to die, but the advantage of modern society is that if you don’t self-destruct, you won’t be unable to survive; this is the biggest difference from ancient society today, and also a reflection of modernity.
The reason ancient society was so hopeless was never just because of poverty, nor just because of hardship, but because no matter how hard people tried, it was often very difficult to turn their suffering into truly belonging to their own life.
T

Why does Hu Shizhi only criticize the government and never criticize the Chinese people?
Hu Shih said, "The root of China's backwardness lies in inappropriate institutional issues, the policies of rulers that keep the people as fools and weak, causing the common people to remain impoverished for a long time, unable to receive proper education, and exhausted from livelihood. Ultimately, this leads to the people being fundamentally unable to think rationally. The root of China's backwardness is in feudal rulers."
He then said, "If there were good systems that treat the common people as human

What is the cruelest truth in Chinese society?
Public perception is even worse than brothels in feudal society.
Prostitutes know to save a stash of money,
Waiting for the right person to come along,
Let him use the stash to buy back their freedom,
Paying their own money to redeem themselves.
Now people have no savings, spending it all each month,
And constantly complain about delayed retirement.
Social security is like meat hanging above a dog’s head,
Visible but out of reach.
Without savings, you can only work until you die.