吳文昕：中共拚命印鈔 權貴拚命瓜分 #信燕訪談

Generally speaking, if you have a lot of money in your pocket Everyone will go shopping, right? But it's not like that A lot of department stores, shopping malls and shopping centres Are less crowded than before It's empty That's strange Where has the money gone? I think corruption is one of the reasons But I don't think it's possible That $5.4 billion was spent on corrupting the CCP officials I don't think it's possible But a part of it is definitely in their pockets Because in mainland China, the biggest motivation of the CCP officials Is not the call of Secretary-General Xi Jinping It's not their loyalty to communism To contribute everything What is their motivation? After becoming an official, we have a chance We have a chance to become a member of the CCP This is their biggest motivation, right? So, definitely Because the Chinese people always say In mainland China, there are no corrupt officials If you don't say that you are completely corrupt You are not an official at all There are no corrupt officials I know some officials in mainland China From low-ranking officials to high-ranking officials Of course, they won't tell me so easily Unless they have become old friends, that's another story Generally, they won't say But I know from their interactions Even if they are relatively clean officials What does it mean to be a clean official? A clean official means they won't receive such a large sum of money And they will try their best to receive gifts That is already considered a clean official If they give you a car, that is already considered a clean official The real corrupt officials If you give them tens of thousands of dollars They won't even buy you a car They almost think you are insulting them Because they are big officials This is called being impartial and not corrupt I remember a little story I used to work in a big company Mainland China is a very big company When we were the largest company There were 20,000 employees in Mainland China There are 150,000 employees in the world A very big company Our big boss A global big boss One time, someone came to look for our employees Who was it? It was a member of the Communist Party This person came to look for us The head of our Beijing Office He asked What is the use of your company's advertising for you? If you can take a picture with our general secretary Your global president Take a picture with our general secretary Or take a picture with our general secretary If you hang this picture When the black people come in Put it on the big auditorium Hey, it's a very effective advertisement Really, why? Because our big company at that time More than half of the customers Is a national enterprise The heads of those national enterprises One day and a half Your president and general secretary stand together Hey, there must be no problem Doing business with this company That's it, I'm not kidding But what do I want to say? This person came to look for the head of our company This is a secret So I can't say the name What did he do? He told our head of Beijing Hey, I'm President Mao Mao That time was the prime minister At that time Should be Don't say who Anyway, it's a prime minister About 2000 years Prime Minister Mao Mao Maybe 2010 2010 He said I am one of our prime ministers I am his body Whether it is or not, he doesn't know Just bragging I can arrange Your head and me Take a picture Really There are many ways for Chinese people to make money Many Our colleagues said OK But it won't be free Don't be scared I remember At that time 1 million US dollars Take a picture 1 million US dollars Isn't it great Of course This 1 million US dollars Not only his so-called body There are a lot behind Maybe Maybe the State Council Under the Prime Minister There is another official Who can often directly touch the Prime Minister He will receive a share The body will receive a share The Prime Minister must also receive a share But the Prime Minister Under the Prime Minister For example, a minister Will never personally come out to teach Find an outsider If something happens Let people know That outsider is a bad boy How can our Prime Minister do such a thing In short It's not exaggeration Where did the money go 540,000 billion I guess This money will definitely go to the bank first From the central bank To the Chinese bank The four major banks These banks I think They will find a way To put the money The normal way Should be The money should flow into society But it is very likely These banks Are full of debts So It is very likely Most of the money Is used To pay off debts Part of it Is embezzlement That's what I think In addition It is possible These banks The debt Is a strange debt A lot of banks Receive people's money Some money Is their deposits Of course Some of the deposits Can be used To borrow money For the time being But you can't take too much It is very dangerous Some money Is embezzled It is possible A lot of banks Because they have a lot of bad debts So Their deposits Are very low Very low It can fool the people Put the money here It is very safe It is possible Some of the money Can be used To fill up These empty spaces You fill up The deposits A part of it Can be used To borrow money After borrowing They return the interest Return the money Put it back But it is sometimes Because in the past I used to say that a normal national bank would study the possibility of investing in this project to decide whether to lend you money or not. If I believe that this project is a win-win situation, I would never lend money. But if it's not a win-win situation, and there's a risk of corruption, and you lend me $10,000, and you give me a return of a certain percentage, I would obviously lend you money. Because the money is not his own money, it's the money of the bank. In a few years, if something happens, he might have already transferred to another bank. A lot of things are like this. That's why banks often transfer too little money. I suspect that a lot of the new money is transferred by the bank. The money is transferred to the bank. It's not circulated in the market. So it doesn't create a new buying power. In fact, this money should have been in the bank. But the bank has taken too much of other people's savings to do other things. There's no risk of this happening. If he has money now, he might put it back. This is my guess. All in all, he printed $540,000. The result is useless. This is a fact. China's economy has not recovered. The market has not recovered either. Once again, no one went to buy stocks. If it's normal, if people have more money in their hands, some people will go to buy stocks. There's no such thing. Why? Because there's no confidence. They don't believe that the market will rise. Xi Jinping talked about the east rising. In the West, many Chinese may be asking, where is it rising? What is rising? It may be debt. Debt is rising in the east. So I think this is the reason. The entire Chinese economy is built on the basis of high debt. So a lot of money is just used to fill up. Some money may be used to save the company's life. It's not necessarily that his money won't be spent. If he doesn't have this new money, some companies may have to go bankrupt. Now that he has this money, the banks may be able to help save the company. But there won't be an immediate increase in purchasing power. Yes, that's right. As for real estate, it may already include real estate, which has invested a lot of money. Is this money going to stay here? But these foundations are basically serious. The houses that are built on real estate have become garbage. They can't make money. Investing so much money is equal to zero, right? Yes, that's right. As I always say, the problem with the Chinese economy is not that the funds are not circulating. If the funds are not circulating, you can borrow some money to help the Chinese economy. Then the Chinese economy will recover. But the problem is that it is a very deep structural problem, or a problem of the system. I often say that the Chinese Communist Party is a fake market economy, a fake capitalist economy. It is still a mixed economy that is tightly controlled by the Communist Party. It is a mixed economy of planned economy and market economy. But its main focus is still planned economy. On the surface, you think it's a market economy, but it's not. Because the Communist Party has great power. It will intervene in even the smallest of things. On the surface, it's a scam. On the surface, it's a market economy. But in reality, it's just a word for the Communist Party, right? And what's very important is that the great thing about a market economy is that it has a function of self-adjustment. It doesn't need a person to discover where there is a problem. It's like a fire brigade. It always sees where there is a fire. It doesn't need it. It has a function of self-adjustment. Because everything is based on supply and demand. If the demand is high and supply is low, we invest in factories, or factories process and produce more. If it's the opposite, we don't produce this, we produce another one. It doesn't need a person to be superior. It's like it's smarter than anyone else to make a lot of decisions. It doesn't need it. It's a kind of self-adjustment. It's a very, very effective method. And the Communist Party believes in the power of superstition. And because it wants to manipulate the party, so it likes to have a powerful government that controls everything. This is a global Communist Party. Yes. We just talked about real estate. A lot of funds have been invested. The economy has been very bad in the past two years. But the CCP is still desperately printing money. It thinks that spending this money can stimulate economic growth. But the biggest problem for the Chinese people is that they don't have enough spending power. The problem is that this money is not in the hands of the ordinary people. So there is no way to stimulate the economy. In addition, as I said earlier, a lot of money may become bank deposits. Because a lot of banks use too much of their customers' deposits. Because a bank can't put all the deposits in your bank and use it to invest, use it to gamble. That's very dangerous. But it's hard to say about Chinese banks. If there are a lot of customers who need to be deposited, a lot of Chinese banks will definitely not have money to pay people. There will be no deposits. So it is possible that a lot of the 540,000 billion dollars will be used to make up for the deposits. But the customer doesn't know this. Because the customer only knows For example, I put 1 million RMB as deposits in my bank account. But you use my 1 million RMB to invest 900,000 RMB. I don't know. You don't need to tell me. I only put 1 million RMB in my bank account. If I really want to take it, you may not have money to give me. But I usually don't always ask for money. I always believe. But it's very possible that banks don't take too much risk. For their own personal interests. For example, some money should not be lent to others. If I can get a few percent return, I will still lend it. Where does the money come from? It's a deposit. Then I will deposit it. Now the bank has a new deposit for us. I will put it back in the deposit. It is very possible that a large part of it is to make up for the deposits that should not be taken away for investment. The other part is in the pockets of corrupt officials. Yes, they are all hard-working and greedy for money. If this is the case, the people will have no money after all. To put it bluntly, this economy is going to the end. Because the U.S. will no longer do business with it. Will no longer do business with the CCP. Including Western countries. When Western countries see that the U.S. does not do business with the CCP, Of course, they will not do business with the CCP. If they don't do business with the CCP, what will happen to the CCP? After all, one way is to go bankrupt, right? I think this is inevitable. Some Chinese are too naive. They think they are very good, very rich. In fact, they are not that rich. Let me tell you, Let me tell you, Chinese compatriots. You think there are millions of RMB in the bank. But you know that RMB is not a reliable currency. If you think you have 1 million RMB in the bank, It will become US dollars, which is equivalent to tens of thousands of US dollars. The current exchange rate is US dollars, which is equivalent to 7.2 U.S. dollars. If you have 720,000 U.S. dollars, You think you have 720,000 U.S. dollars in the bank, Which is equivalent to 100,000 U.S. dollars. You still think it's good. In fact, it's not. In fact, the exchange rate between US dollars and RMB is man-made. It's not real. Because RMB does not flow. It is not a currency that can be freely traded in the international market. It is a currency controlled by the Communist Party. This currency is actually very risky. Because if it is an automatic currency, Its value will be determined by the supply-demand relationship in the market. If many people want to buy RMB, Want to use RMB as a deposit, Then RMB is more and more valuable. But unfortunately, There are not many people in the world who want to use RMB as a deposit. So some experts have calculated that The real value of RMB is not 1 U.S. dollar equals 7.2 U.S. dollars, But 1 U.S. dollar equals 23 U.S. dollars. That is to say, Many people who use RMB as a deposit, You have to know, If the international situation in the world continues to deteriorate, Sino-US relations continue to deteriorate, China's economy continues to deteriorate, The Sino-Western economic trade continues to deteriorate, One day, very soon, In the near future, Your RMB is not worth that much, Compared to the current RMB, In fact, the real value is 1 in 3. So if you have 1 million in the bank, In fact, you only have 300,000. 1 in 3 is optimistic. In fact, RMB will be useless at any time. Yes, so the smart people, In order to protect their own personal assets, Turn it into US dollars as soon as possible. I think a lot of people I know, Some rich people in the mainland, Everyone is thinking about how to turn RMB into US dollars, And how to transfer it to foreign countries. This is what every rich person thinks. This matter itself, Has already shown that China's economy has no future. No future. Think about it, the rich people, Why are they rich? Because they have a company, They can earn money, Their own money, and the money of the company, They want to transfer it to foreign countries. So how is it possible for China's economy to develop? Why? We blamed the U.S. and the U.K. so much, Now, look at the world's stock market, China has fallen the most, While the U.S. stock market is rising day by day. Why? Because a lot of people have confidence in the U.S. I'm not saying that the U.S. is good at everything, This is a fact. Most people in the world, People from all over the world, Want to transfer money to the U.S. How many people are willing to Transfer money to the Chinese people? It's that simple. This is very simple. So the Communist Party is best at bragging, How will the RMB become an international currency? Will it replace the U.S. dollar? It's a daydream. It's been said for many years, I don't believe it at all. Some people say, Look, Russia has agreed to use the RMB to trade with it, It's called Sardar Alaba. Russia has no choice, Because it was sanctioned by the West, No one bought its oil, No one bought its natural gas, The CCP is the only one willing to buy, But its condition is that you have to receive the RMB, There's no other way. It's better to have the RMB than not. But I'm telling you, Russians are not stupid. As soon as they receive the RMB, They immediately exchange dollars. Sardar Alaba is the same. Sell the oil to the mainland, The mainland must give the RMB, As soon as they receive the RMB, They immediately exchange gold. Yes, that's right. So now the Chinese people, Rich people are thinking of exchanging dollars, Or buying gold, Maybe it's the same. It's a pity for ordinary people. There's no other way. Because it's hard to exchange dollars after receiving the money. Each person exchanges at most 50,000 dollars a year. So the CCP is really bad. In short, they want the ordinary people to be poor. So poor that they are willing to work for the CCP. They want to find a job. There are a lot of corrupt officials in the CCP system. Those officials have almost no real country. Ordinary people only want to protect their officials, And how much money they earn. So the money they earn, Some of it is given to various levels of officials in the party, Or the street level, Through all kinds of means, And those rich people, Transferred to various places, Or overseas, Transferred to their own pockets. That's all for today's live broadcast. Thank you everyone. Thank you Mr. Wu. See you next time. Thank you, thank you. Bye-bye.