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Hello everyone, welcome to FengYun. I am Yuxuan.
Today, I would like to talk with you about the speech of the Argentine President to shock the Davos Forum.
There are three major abnormalities in the inauguration ceremony of the Ministry of Finance.
Tsai I-Ching is in power alone, and He Liqiang is in the limelight.
The U.S. military's attack on the Hussite organization in the Red Sea is a show for the CCP.
On January 17, at the 2024 World Economic Forum in Davos, Switzerland,
the Argentine President Milai gave a speech calling on Western elites to give up their socialist agenda.
Milai's speech was widely praised by conservatives,
and it was not in line with Davos's usual rhetoric,
so it shocked the Davos Forum and blew up the Internet.
Milai is known as Trump of Argentina.
Before being elected, he was a professional economist.
Commentator Jason said,
Milai's speech, from the content, is like a speech of an economics professor.
But now he speaks as a president of a country.
So his point of view has risen from the theoretical level of ordinary scholars to the level of potential national policies.
This has changed his speech.
Milai said in the speech,
Today I am here to tell you that the Western world is in danger.
The main leaders of the Western world have given up their free mode,
and instead promote a different version of what we call collectivism.
He said that collectivism means socialism,
which is what the Communist Party does.
It is the same as what the leftists in Western society do.
He pointed out that the experiment of collectivism
is never a way to solve all kinds of problems that trouble the people of the world.
On the contrary, it is the root of the problem.
He used Argentina's experience as an example,
and described the consequences of giving up the free economy.
He said that no one is more qualified than Argentinians to prove these two points.
When we adopted the free mode in 1860,
we became the leading country in the world for 35 years.
And when we embraced collectivism in the past 100 years,
we witnessed how the citizens of our country fell into systemic poverty.
The global ranking fell to the 140th place.
He used a series of economic data to explain that
the free economic market is not only the most effective system for the world to get out of poverty,
but also the system that truly meets the standards of human morality.
Finally, he said that the conclusion is obvious.
Free trade capitalism, as an economic system,
is not the root of the problem.
It is the only tool for us to end global hunger, poverty, and even extreme poverty.
Milai's criticism of socialism caused a stir in social media.
His speech video reached 7 million views after 24 hours on the X platform.
The prime minister Musk praised Milai on the X platform
and explained the reason why the country is so prosperous.
He also posted a link to Milai's speech.
This trip was Milai's first overseas visit since he was elected president.
His spokesman Anthony told Reuters that
many elites fly to Davos by private jet,
while Milai takes a commercial flight,
which can save about $300,000.
Jason said,
the elites of the world, especially some leftist elites,
have been discussing how to control the world more
in the Davos World Economic Forum over the past few years,
and how to change the world now based on their understanding of the future of the world.
Milai, as a leader of a country,
suddenly made a totally opposite statement.
He directly pointed out that
it is immoral to use high taxes and other forced means to interfere with society
as an excuse for fair and just society.
He called on the West to give up the idea of over-interference in society,
give back the people's free way of life,
and give back the free operating mechanism of the market.
Although many of his economic points of view are obvious,
it is still eye-opening to say in a place like Davos.
Li Qiang led a delegation of 140 people to attend the Davos Forum,
calling on foreign companies to continue investing in China.
When Li Qiang was out,
the Party Central Committee held a seminar on financial topics for provincial and ministerial cadres.
On Jan. 19, the seminar was held at the Central Party School.
Cai Qi was there and gave a brief summary speech.
It can be seen that his position is unusual.
High-ranking officials from the CPC Political and Legal Commission,
the Central Commission for Discipline Inspection, and the Ministry of Public Security, etc.
showed an attitude of arresting people.
Li Lianyin, a political commentator, said that
there are three abnormalities in this seminar.
First, it shows that Cai Qi has a lot of power.
Xi Jinping and five Standing Committees participated in the opening ceremony,
and Cai Qi was the only one to sing the solo opera in the closing ceremony.
Second, it shows that Li Qiang did not participate in the opening ceremony because he was still in Davos,
but now he has returned to China, but he did not even participate in the closing ceremony.
After all, he is still the director of the Central Financial Commission.
From this detail, it can be seen that Cai Qi and Li Qiang are incompatible.
Third, it shows that the senior officials participating in the closing ceremony are a bit strange.
Also, Secretary of the Political and Legal Commission Chen Wenqing,
Deputy Secretary of the Central Commission for Discipline Inspection Liu Jingguo,
and Minister of Public Security Wang Xiaohong all participated.
Obviously, it is an attitude of arresting people.
It feels like it is threatening these provincial-level officials.
Independent commentator Cai Shengkun said on the X platform that
this year's focus of the provincial-level special seminar is on financial issues.
As usual, it should be hosted by Prime Minister Li Qiang of the State Council
or Deputy Prime Minister Ding Xuexiang.
Due to Li Qiang's departure from China to participate in the Davos Economic Forum,
Xi Jinping did not let Ding Xuexiang host the meeting,
but let Cai Qi, who is now ranked fifth, host it.
It shows that Cai Qi has a special status above all others.
Cai Qi is not only responsible for Xi Jinping's personal safety,
but also responsible for monitoring the whereabouts of officials above the national level.
He also manages party affairs and important figures,
as well as ideological propaganda work,
and also intervenes in major decisions of the State Council.
It can be said that he is Xi Jinping's most trusted and most assured assistant,
and also the so-called leader of the Fujian Gang.
Commentator Zhang Tianliang said that
after Cai Qi entered the Politburo Standing Committee,
the blockade against Xi Jinping was very serious.
Every time Xi Jinping visits, he must bring Cai Qi with him.
And every time he visits, the security team is very large.
This was not the case before the 20th National Congress.
It's like Cai Qi got a central guard regiment controlled by himself
and surrounded Xi Jinping.
No matter where Xi Jinping goes,
there are people from the Central Security Bureau surrounding him.
This makes Xi Jinping unable to contact outsiders.
China's economy is in trouble.
As a result, the issue of hidden debt has reached a critical juncture.
In the past ten years,
the CCP has been taking measures to delay the issue of local government debt.
But this issue is now unavoidable.
Because the level of local government debt is difficult to maintain,
a large-scale mine explosion is imminent.
In order to prevent the outbreak of the debt default,
Beijing urgently suspended the construction of local government projects recently.
According to Reuters,
informants revealed that the State Council of China
recently issued an order to state-owned banks of local governments
to list a list of infrastructure projects
and ask 12 provinces and cities across the country
to postpone or stop the construction of projects
to control the risk of debt.
The informant said,
the State Council called for all infrastructure projects,
mainly including the reconstruction and expansion of highways and airports,
as well as the construction of the Qinggui transportation system.
This order is a national secret.
Economist Chen Xiaonong
briefly analyzed in his article on China's debt.
Why can't China's economy be saved?
The answer is because of China's debt.
All economic crises are essentially debt crises.
When a country's debt can no longer be repaid,
the economy is hopeless.
China is like this now.
If you add the central and local government debt of 1.14 billion
plus the debt of state-owned non-financial enterprises of 2.2 billion
plus the minimum debt of the financial system of 5.6 billion,
the sum is 3.9 billion,
nearly 4 billion.
This figure is more than three times that of China's GDP.
The article analyzes that the potential financial crisis facing China
is actually the second time since the reform,
and the first time was in 1996.
What's ironic is that the U.S. helped solve it at the time.
And this is the second time China's debt has been repaid.
Wall Street already knows more about the real situation of the Chinese economy.
Of course, it won't be fooled again.
But for the CCP, the second financial crisis is also a regime crisis.
In order to force Israel to stop attacking Hamas,
Hussein Armed Forces began to attack Israeli ships
passing through the Red Sea since late November last year.
Later, they not only attacked Israeli ships,
but also expanded the scope and attacked about 40 countries and regional merchant ships.
A large number of ships had to avoid this critical channel.
The number of ships coming and going has decreased by about 80%.
If the shipping company withdraws from the Red Sea route,
and changes to use the South African port of view to transport goods from Europe to Asia,
generally speaking, it will increase the travel time by four days.
The global shipping may therefore be extended by two to four weeks.
The entire transportation cost will increase significantly.
Then the shipping and insurance costs will increase.
The increased costs will be transferred to consumers.
If the crisis continues, the global supply chain will be in chaos.
Since the Hussein Organization broke out in the Red Sea,
the United States has renamed the Hussein Organization as a terrorist organization
and has been waiting for the right time to take action.
In the early hours of January 11,
the US fleet and the British Air Force launched an attack in the Red Sea
using more than 150 precision-guided missiles
to attack more than 60 military targets of the Hussein Organization,
including radar systems, missile launchers, ammunition depots and command centers.
On January 20, the U.S. military first sent a hostage
and again launched a strike on the missile launchers deployed by the Hussein Army.
It destroyed a anti-ship missile
that the Hussein Army was going to launch at Yading Bay.
This is the seventh attack the U.S. military has launched against the Hussein in a week.
Commentator Shen Zhou wrote that
the U.S. military took the initiative to attack in the Red Sea,
and to some extent it was also for the CCP.
The Hussein Organization is in chaos in the Red Sea.
The CCP refuses to express its position and does not participate in the defense of the allied forces of the countries.
The Hussein Organization has publicly stated that it will not strike China and Russia.
In other words, the Chinese Communist Party and Russia are all members of the Hussein Army.
A video posted by China on the Internet shows
that after the Chinese merchant ship made a five-star red flag across the Red Sea,
the nearby Hussein Army ship left.
Then the Chinese merchant ship thanked the enemy.
The anti-ship missile used by the Hussein Organization
is a variant of the anti-ship missile of the Chinese Communist Party's Y-83.
After being imitated by Iran, it was transferred to the Hussein Organization.
Shen Zhou believes that the missiles launched by the Hussein Organization
are mostly intercepted or destroyed before launch.
Some missiles did not hit the target after launch,
only a few hit the merchant ship.
The CCP's missile level is obvious.
The U.S. military is completely confident in intercepting these missiles.
The U.S. military is in the Red Sea to maintain international order
and is also warning the CCP.
The U.S. military can always find the missiles that the Hussein Organization is preparing to launch
and destroy them in time.
The CCP's missile launch camp will be detected by the U.S. military
when it leaves the base and heads to the predicted location.
The CCP's missiles may be hit by the U.S. missile
before they leave the launch pad.
The CCP's military equipment is incomparable to that of the Hussein Organization,
but the U.S. military has not used the most advanced weapons against the Hussein Organization.
Given the current state of the CCP's military,
I'm afraid they dare not try to fight the U.S. military.
Okay, that's all for today.
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