In other words, China's high housing prices are indirectly paid by ordinary urban residents. It took Japan's citizens 15 years, and Hong Kong citizens 14 years.

So, how many years does it take for urban residents in China?

To cope with the upcoming inflation, the country naturally has financial means.

However, China's RMB has been attacked by the US dollar in the international market and appreciates by 5% within one year, and there is still room for continued appreciation.

China's trade surplus will gradually narrow in the appreciation of the RMB, and risks in the international market are intensifying. The overall price increase of daily necessities in the domestic market will directly affect consumption.

Finally, the central bank is forced to increase the issuance of RMB, and China's inflation broke out. This crisis may also be near.

The current experience of the RMB in the international currency market is something that has not happened since China's exchange system reform. We already know what the US dollar is going to do?

However, we cannot solve the problems in the international market, and the RMB is so embarrassing at home. Driven by the price increase of real estate, daily necessities have increased in an all-round way, forming two completely different markets between the international and domestic markets.

In a sense, such a market will move towards excessive capital speculation. To put it bluntly, it will intensify the gap between the rich and the poor in Chinese society and give capital tycoons the opportunity to take advantage of it.

If we analyze it in a deeper way, the RMB seems to have been siege from different aspects, trying to gradually erode the achievements of China's economic development over the past 30 years.

Next, the increase in daily necessities will further intensify, citizens' purchasing power will further decline, the domestic market will further shrink, and China's production capacity will further be oversupplied. In the end, it will inevitably lead to a large number of small and medium-sized enterprises going bankrupt, and the economic crisis will come at any time.

To truly resolve this crisis, for the current economic situation, we will further increase the intensity of macro-control, streamline the management system of the real estate market, take effective measures, and resolutely lower housing prices, so that urban residents can feel the power of China's economy in the process of falling housing prices, thereby enhancing their confidence in the future.

Perhaps, this is the most important thing to do at the moment, although some superficial work has been done. We must be clear about the harm of high housing prices, especially the destruction of Chinese society, which is unprecedented.

Maybe there is no need to be too pessimistic now, everything should turn around. Everyone knows that there is a major problem in China's economy, just like a high-speed train with obvious failures, rumbling forward, rumbling and rumbling, unknown when it will derail or subvert.

Some economists predict that China's economy will land hard in 2008, and social unrest will inevitably occur.

So, if such a big problem occurs, what is the crux of the problem? Ma Xiaohe, an expert from the National Development and Reform Commission, pointed out that my country is evolving from an oversupply in one aspect to a comprehensive oversupply.

Due to overcapacity and low domestic demand, Chinese products are forced to export, which has led to a large number of trade frictions, and the risk of over-reliance on the international market is increasing.

Ma Xiaohe gave an example: Chinese people provide a pair of shoes to everyone in the world, which shows how much overcapacity of shoes is.

On November 23, Suning, deputy governor of the People's Bank of China, also stated that China's final consumption accounted for GDP has dropped from more than 62% in the 1980s to 52.1% in 2005, and the residents' consumption rate has also dropped from 48.8% in 1991 to 38.2% in 2005, both reaching historical lows.

While China's residents' consumption rate continues to decline, the world's average consumption rate reaches 78%-79%, which is as big as the sky and the ground.

The two above are experts in the macro economy and the other are financial authorities, but they point out a common problem, which is that overcapacity is caused by insufficient domestic demand. Once there are major risks in the international market, thousands of industrial enterprises in China will face the danger of survival.

Let’s take a look at what are the driving forces that have promoted China’s rapid economic development in recent years: If we take overall Chinese economy, we can find that the first thing that promotes China’s rapid economic growth is investment, consumption, and exports. It can be said that this is the “three horses that run side by side.”

However, in our practice, "focus on investment, exports, and consumption," which is the appearance of the problem.

Why do Chinese people "focus on investment, exports, and neglect consumption?" Even though they know that consumption is productivity, there is no productivity without consumption. This is a simple economic common sense, but in the layout of macroeconomic development, even Marx's theory of surplus value is ignored?

If you analyze it carefully, you will find interesting phenomena: First, local governments focus on investment, which in the past few years showed the "development zone" fever, later the "main construction" fever, and then the "real estate" fever;

Second, the export of heavy industrial products for large and medium-sized enterprises. Whether it is listed companies or private enterprises, as long as the production scale is formed, the focus is on the international market, from automobiles, home appliances, shoes, socks, lighters, and ancient brain exports.

As for the "investment" fever, high housing prices have circulated the wealth of the people and even two generations, and another generation has suffered heavy debts; as for the "export" fever, the trade surplus continues to intensify, trade frictions continue to increase, and the pressure on the appreciation of the RMB is getting greater and greater. Some economists have analyzed that the RMB has appreciated 5% since the exchange rate reform, and the current situation is that it is possible that it will appreciate 5% in 2007, which is equivalent to the total appreciation in the first 10 years.

So what is the consequence? Many economists are so secretive. I can tell you boldly that the consequence is that the RMB flows out of the country from different channels, and international money laundering forces take the opportunity to intervene, and even whitewash the money of Chinese corrupt officials.

It can be said that before 2007, I only heard that foreigners came to China to launder money, and this situation would change as a result. Chinese people finally went abroad to launder money.

To put it more deeply, the wealth created by the Chinese people was quietly "stolen" by others, and the words of "bandits? Mr. Ma Xiaohe, an expert from the National Development and Reform Commission, look at how to solve the problem of overcapacity.

In fact, it is very simple. The solution to overcapacity is to stimulate consumption, and the only way to stimulate consumption is to lower housing prices. If housing prices do not drop, Chinese people will inevitably put a lot of pressure on their future expectations and dare not consume, and some of them become house slaves who have no money to consume.

Mr. Ma Xiaohe said that half of China's industrial product utilization rate is less than 50%, so in order to reduce risks, domestic demand must be expanded. How can domestic demand be expanded? The consumption rate of Chinese residents is 38.2%, the world average consumption rate is 78%-79%, and the average housing price-to-income ratio of Chinese residents is one to ten, and the world average housing price-to-income ratio is one to two. The crux of China's economic problems is exposed. It is that the outrageously high housing prices have plundered all the wealth of Chinese residents. What else can they use to consume? Therefore, the consumption rate of Chinese people has hit a historical low.

Some experts predict that every point of decline in China's housing prices will increase the market by more than 10 billion in consumption per year, and China's housing prices will have at least 30% room for decline from the comprehensive average price in the first three quarters of 2006. That is to say, as long as China's housing prices drop by 30%, the Chinese market will increase the total consumption by 300 billion in a year, and the problems of China's economy will be solved, and the Chinese people can live a good life from now on.

On the contrary, if our country fails to control the situation if the leader makes a decision, our country's economy will collapse, and our country's national strength will inevitably suffer from a strong external military blow. We all know how harsh the international environment we are in now.

Faced with the current complex international situation, China must have the ability to win two wars, one is military war, and the other is economic war. It is very common in human history to use war means to seize the wealth of other countries and other countries.

Even today in the 21st century, we can still see it. In order to protect the lives and property of the Chinese people and the possible military conflicts, China must build a strong army, a strong navy, a strong air force and a powerful sky army (space force).

Today, when humans enter the 21st century, whoever occupy the commanding heights of space will have the initiative in future wars. Any idea of ​​demilitarization of space can only be a daydream! The saint said it well: Being behind will lead to be beaten! Only when China has the ability to completely destroy its opponents can others not dare to bully China.

At the same time, as mankind enters the 21st century, due to the globalization of international exchanges and trade, a new war, economic war has replaced military wars and become the main means for some people in the world to seize another part of their property in the 1997 Southeast Asia financial crisis is an example of economic wars.

The backward Southeast Asian countries suffered a major blow. International financial speculators achieved the goals that had to be achieved in the past with war. In the later battle for Hong Kong's financial defense, Tsang Yi-kwon, then the Secretary for Administration of Hong Kong and Ren Zhigang, the Secretary for Administration of Finance, with the support of the Chinese central government, used a large amount of foreign exchange reserves to interfere with the stock market in Hong Kong. The Chinese central government sent two deputy governors of the central bank to Hong Kong, asking all Chinese institutions in Hong Kong to do their best to support the Hong Kong government's support campaign. After several months of competition, the Hong Kong government successfully repelled the attempt of international financial speculators to treat Hong Kong as an ATM.

The struggle was very fierce. When the Hang Seng Index in Hong Kong changed by 1 point, the trading of futures would be different from HK$230 million. Although the war on Hong Kong's financial defense has been going on for many years, I have been wondering if there was no strong China as a backing, would the possibility of the "Eight-Nation Alliance" attack on Hong Kong? After all, the Hong Kong government's intervention in the Hong Kong stock market violated the "rules" of today's mainstream international society.

China Aviation Oil (Singapore) lost $500 million in the international oil futures market and a Chinese SASAC employee was eaten up again during the same period in London. It shows that China still has a lot to learn in the financial market.

As for oil, China now spends tens of billions of dollars more every year. Now, what China needs, the international commodity market will rise. It can be said that it is "no negotiation for you."

However, the harm of the prices of oil and other commodities to the Chinese economy is not the most serious. The real harm to the Chinese economy is the RMB exchange rate system and the rising real estate market. I always feel that some people want to use the RMB exchange rate as a breakthrough to destroy China's economy and seize the economic achievements of the Chinese people.

From the shouts of renminbi appreciation and free floating, I seemed to smell the fire of military war.

Now there is a saying that is better than singing. Let the RMB exchange rate float freely and is determined by the market. Is there a ghost in the market?

It sounds fair to decide by the market, and everyone has the right to do so. But if you analyze it carefully, which market in the world is not controlled by a few people? Let the RMB exchange rate be determined by the market, to put it bluntly, it is up to them.

The Chinese government and people must not forget the financial crisis in Southeast Asia in 1997. A considerable part of foreign capital is the ambush. They are waiting for the United States to knock China's door open (the RMB exchange rate fluctuates freely), hold the RMB to heaven, and make huge profits.

In short, China must build a powerful army, a powerful navy, a powerful air force and a powerful sky army (space force) that is not afraid of hardship or death to deal with possible military wars.

At the same time, China must build a financial "iron army" that loves the country, has an international perspective, and is proficient in international competition rules to deal with economic wars. Only in this way can China's security and people's wealth be protected!

The above content is a concern and speculation about China's future economy last year, but from the reality, all the above has been realized. I believe everyone knows the specific performance.

First, the very prominent object is the stock market. As far as I know, the original intention of the Western consortium is to reach 8,000 to 10,000 points, and prepare to defeat the Chinese stock market again during or after the Olympics and steal the labor results of the Chinese economy.

But what they didn't expect was that the Chinese government would start to take action at the end of last year, and in March this year it almost pushed him to the beginning of the so-called bull market.

(What an accident! I happened to see many book friends who actually made warm speeches to this view, so Bloodblade deliberately modified the contents to prevent book friends from being so tired.

In view of this, I have added some content now, which is also a hidden speculation for book lovers who trade stocks. However, whether it will succeed in the future and whether it will reach the level of Blood Blade, this is just a prediction. Let me say it first, hehe, it can only be used as a reference for everyone.

Personally, I think that from a long-term perspective, from where and back to that similar position is a normal category, so I warn book friends again that the bottom is very deep, so when entering, it is better to take a look and consider more!)

Second, the rise in housing prices, who would have thought that housing prices in Beijing, Shenzhen and Shanghai would rise to this level?

I think no one would have thought of it, nor would I have thought of it. Otherwise, if I had bought two houses worth 4,000 yuan per square meter in Shenzhen three years ago (I remember when I was in Shenzhen two years ago, the house price of OCT was only more than 5,000 yuan per square meter, but now? More than 20,000 yuan per square meter), then I would have sent it!

But who did all this? Could it be that our Chinese people do it? Can the working people in Beijing and Shanghai speculate on housing prices so high? I don’t believe it if I beat them to death. Think about how Japan was stolen by the United States in the above-mentioned period, I think most people will understand.

Why did Western countries unite this time? Germany and France in Europe generally do not take such risks to offend China, an economic power.

During the Iraq War, Germany and France both stood by China and did not support the United States in using force against Iraq. Offending the United States for Iraq is not in their national interests. In order not to offend China, France terminated arms sales to Taiwan 10 years ago, losing billions of revenue. Why do they take such a great risk today to openly become enemies with China? It is so difficult to make Tibet and the Olympics, which have nothing to do with it?

Another question worth thinking about is why the United States, which has always been the leader of the West, is so low-key this time? Let Britain, France and Germany play the leading role in the front desk?

Western countries are very clear about Tibet. No matter how much trouble it is, China will never make concessions. They are also very clear about the Olympics. Even if there is no leader of Western countries attending the Beijing Olympics, China will just be unable to overcome its face. Will it have a substantial impact on China? No.

So, Tibet is just a cover, and the Olympics is just a cover. So what exactly do they want to get from China?

The main reason is that they have suffered huge losses this year, and Beijing's approach has turned them into Chinese shareholders and Chinese landlords.

Then of course they have to go crazy. The purpose of crazy is to make China's RMB appreciate, and to make ZF push up stock prices and house prices under pressure, but what disappoints them is that China is moving in the opposite direction.

Western countries are facing the danger of an economic recession in the past 10 years. They need a strong country to pay for this Western economic recession. It goes without saying that they thought of China at the same time.

As an ordinary person, I have no research on the international economy, but at the beginning of 2008, I still vaguely saw the dangers facing China's economy. Now I remembered what Premier Wen said: 2008 may be the most difficult year for China's economy. Now I think of this farce ongoing, it is really a bit confusing.

The United States is not low-key, but very calm. They have already made moves without showing any silence:

1. The US dollar depreciates. Because the US dollar depreciates and the RMB appreciates, China's foreign exchange reserves of US$1.600 billion have evaporated by US$300 billion, and are still evaporating. What's more serious is that due to the appreciation of the RMB, China's export costs have increased, which has hit China's exports heavily, and many companies are facing the risk of bankruptcy. Because of the bankruptcy of Chinese companies, production enterprises in Western countries can start to recover production.

2. Through high oil prices, it will drag across China's economy. The rapid development of China's economy requires a large amount of imported crude oil, while Western countries continue to increase their oil reserves, resulting in high oil prices continuing to increase the cost of China's economic construction. This is why the United States attacks Iraq and Iran: controlling oil means controlling the lifeline of the economy.

3. As the Chinese financial bubble is rising, a large amount of hot money will naturally pour into China, causing China's high-cost and high-currency economic bubble. Perhaps this is why the government will never save the market even if it is criticized by thousands of people. It is to crack down on the malicious money-making behavior of international speculative capital in China. On the other hand, it has to face the spitting of thousands of stock investors, which may cause domestic social unrest. Now, it is not worth mentioning that any Tibetan incident or boycotting the Olympics is not a matter of truth.

4. With the prospect of appreciation of the RMB, it is not uncommon to raise the stock market, raise housing prices, and then exchange it for cash, so that China can pay for their economic decline. It is not unacceptable to be cruel!
Chapter completed!