Chapter 931 Slap yourself in the face and die(1/2)
The raging wave of demonstrations across the United States, especially in some industrial states, has caught state and federal governments off guard.
American politicians and some elites did not expect that the federal automobile system would collapse so quickly.
It seems that not a few years ago, the United States was the largest automobile producer and one of the largest automobile consumers in the world.
How long has it been?
Cars in the United States can no longer be sold, and a large number of car companies cannot survive.
Isn't this ridiculous?
Deal with these protesters.
Americans will use the crudest and simplest method.
That means using batons, water cannons and smoke bombs.
But if you make people anxious, no one will be afraid of you at all.
Not giving people food to eat and not giving them jobs is forcing people to become desperate.
Therefore, even under the violence of batons and water cannons, the protest crowds in several industrial cities became increasingly violent.
At its peak, the number of protesters reached nearly 2 million.
These 2 million people are actually very easy to identify.
There are nearly 1 million people directly employed in the automobile industry.
After losing their jobs, they have no choice but to take to the streets.
Of the remaining 1 million people, some are employees who sympathize with the automobile industry, some are employees in other industrial industries, and of course some are just joining in the fun.
American society is very polarized.
If you are an elite or a wealthy person, then the United States is paradise.
You can enjoy the most advanced civilization and the most advanced technology here.
But if you live at the bottom of society, it's full of violence, hunger and chaos.
Most workers belong to the middle class.
And they belong to the unstable middle class.
The so-called instability means that they are likely to lose their jobs.
As soon as they lose their jobs, their income will immediately disappear, and their living class will slide directly from the middle to the poverty line, becoming a destabilizing factor for society and the country.
In the past, it would have been nothing if several companies went bankrupt and tens of thousands of employees lost their jobs, and it would not have affected the elites on Wall Street who were spending their money like water every day.
But this time it's obviously different.
Because the area affected is really too wide.
The number of people who came out to protest was as high as 2 million.
But there are many families and related industries involved behind this.
It even directly affected the volatility of the Wall Street stock market.
After building a platform for a year, the U.S. stock market has begun to fall on heavy volume in the past few days.
A month ago, multiple U.S. stock indexes officially fell below the bull-bear dividing line, which announced the end of the 10-year U.S. bull market.
In the past many years, even during the bear market.
The Nasdaq and Dow Jones Industrial Averages aren't exactly in sync either.
For example, in the 1990s when computers and the Internet were at their peak in the United States, the Dow Jones Industrial Index was a slow bull, while the Nasdaq was a mad bull.
Around 2000, when the first wave of the Internet crisis broke out.
The Nasdaq plummeted, and the Dow Jones Industrial Average acted as a stabilizer.
This time the bear market is completely different.
Both the Dow Jones Industrial and the Nasdaq Composite are falling crazily, not only falling below the bull-bear line, but also falling to the lowest point in the past five years in recent days.
Market investors simply cannot see where the bottom of the index is.
The logic behind it is also very simple.
In the past few decades, the United States has had the most advanced technology in the world.
The most advanced science and technology and those technology companies tattooed with technology constitute the basic market of Nasdaq.
Technology companies’ patents and innovative products can be sold globally.
Microsoft, Apple, Intel, Qualcomm and later Tesla are all leaders on Nasdaq.
His current mainstream technology in the United States has been completely surpassed by Xia Kingdom, or to be precise, by Xia Kingdom's Changtian Technology.
Various index stocks on Nasdaq no longer have a rising logic.
Without the rising logic, there is no capital, so the stock begins to collapse and fall, which of course will directly affect Nasdaq.
Among them, Tesla is the most unjust.
After Tesla announced its cooperation with Changtian Technology, its stock price was expected to rise at an accelerated pace.
It was because of the U.S. ban that Tesla turned from bullish to bearish and fell simultaneously.
The Dow Jones Industrial Index, which is usually a stable period for stocks, was also severely dragged down by the Nasdaq Automobile Industry and continued to plummet.
After all, the automobile industry does not mean the production of cars itself, but also the traditional American industrial system and the financial support behind the entire industry system.
Including the US military leader Boeing, the financial services leader National Express, the insurance company Travelers Insurance, etc.
These companies have all been affected by the large automobile industry in the United States, and their performance will become very ugly.
When there is a problem on Wall Street, the elites of the United States become anxious. When the elites of the United States become anxious, the federal government becomes anxious.
The federal government urgently dispatched relevant economic and industrial departments to immediately study the collapse of the automobile industry.
Because it involves many industries, many people are involved, and even many financial derivatives are involved.
Financial derivatives in the automobile industry not only affect ordinary consumers, but also the elites on Wall Street.
After detailed research and judgment.
Everyone agreed.
This time the U.S. automobile industry has experienced such a serious crisis, its impact is no less than the financial tsunami caused by real estate in 2008.
The most critical problem is that American cars cannot be sold and the capital chain is cut off.
Once the capital chain is broken, it is like the collapse of the most basic load-bearing pillars of a tall building, and a collapse-style economic crisis will follow.
After coming to this conclusion, Wall Street and the elites of the United States were frightened.
They have been competing with Changtian Technology, and with Xia State's technology and industry.
And it is said with great confidence that the global manufacturing industry will return to the United States in the next 10 years.
But the big talk has already been said: the manufacturing industry has not yet returned, and the U.S. auto industry has collapsed.
This made the elite very puzzled.
Relevant departments in the United States and Wall Street immediately took measures to prevent Ford from going bankrupt and delay GM's declaration of bankruptcy protection.
But it would come at a huge financial cost to Wall Street.
Moreover, at this moment, the national strength of the United States is no longer what it used to be.
Even if the United States adopts the old method of printing dollars like crazy, it is no longer feasible on a global scale.
After all, the Xia Kingdom has formed an alliance of technology, industry and even energy, led by Changtian Technology.
In this alliance's cycle, the most important thing is RMB, not the US dollar.
This cycle excludes the U.S. dollar entirely.
Even if the United States keeps printing U.S. dollars and no one pays for it, the U.S. dollars are just a piece of waste paper.
More terrifying things lie behind.
Something happened that affected the national destiny of the United States.
A large number of American elites, especially those in science and technology, are constantly leaving the United States to work in Europe or Xia, where the environment is better.
Especially Xia Guo.
Statistics from relevant departments in the United States found that last year, more than 20,000 U.S. technology talents in the biomedical semiconductor and automotive fields left U.S.-related companies to work in Xia China.
As many as 50,000 people went to Europe to work.
This is the first time in hundreds of years since the founding of the United States.
The number of scientific and technological talents from other non-American countries who go to work in the United States is less than 5,000.
As a country of immigrants.
A country of immigrants that maintains its health by feeding off other countries' elites.
To be continued...