The port was blocked and Americans lined up to snatch Chinese goods!

Recently, a series of weird phenomena of the century have occurred in the United States. For example, because of the large number of cargo ships carrying Chinese goods, they cannot be unloaded, blocking the American ports!

Many American importers expressed angrily that their goods have been hoarding at the port for several weeks. Not only do they have to pay more, but the new goods bought from China will soon be shipped again.

Doesn't it sound weird?

The large ports in the United States with world-class advanced standards are actually blocked because of the influx of too many cargo ships.

The weird things don't stop there!

The cargo ship that has finally been unloaded would rather run to China with empty containers than maximize profits and bring back American cargo, because the former sails faster, time is money, and shipping companies can make more money.

U.S. exporters are also very angry, especially agricultural exporters. The goods they plan to sell to China because they can’t find cargo ships and containers, have to pile them up in warehouses and wait to decay. All they can do is watch. One empty ship after another left in front of them and ran towards China.

Doesn't it sound weird?

The cargo ship could not pull the goods, and the empty ship returned to China from the United States, because doing so would allow them to make more money.

In addition, many American institutions and individuals are currently lining up to grab Chinese goods, and the hoarding tide is sweeping the United States.

Under the hoarding tide, Americans are robbing everything from the initial epidemic prevention materials and toilet paper to the various types of daily necessities. It seems that these things don't need money. Some people's household goods are piled up to the ceiling.

Doesn't it sound weird?

It has always been Americans who don't care about tomorrow and today have begun to stock up. Before this, this has always been the exclusive behavior of Chinese aunts, and it has been ridiculed by many people.

These centuries are all incredible and unbelievable, but they are happening in the United States.

There are various signs that Americans' desire to consume has become super strong, and they are buying Chinese products.

This can be seen from my country’s extremely hot foreign trade industry. Data shows that in the first two months of this year, my country’s total imports and exports totaled 5.44 trillion yuan, of which exports were 3.06 trillion yuan, a year-on-year increase of 50.1%. The growth was still in the 1990s when the economy was booming and the few years after my country joined the World Trade Organization.

It is said that many foreign trade companies have placed their orders until next year, and they are even planning to start branch factories to expand production capacity.

Many people do not understand this. It can be said that it is an extension of the bizarre phenomenon of the American century. The Americans who have exploded with super consumption are using practical actions to buy and explode China.

Where did they get the money?

When it comes to the U.S. dollar, many people’s first reaction is Biden’s $1.9 trillion stimulus plan. This is also the most talked-about incident. The United States sends money to all Americans.

The money has been distributed to Americans one after another, and according to foreign media interviews, all Americans who have received the money said that they are not planning to save the money, but to spend it immediately.

As for how to spend it?

Investing in the stock market and shopping is the main idea of ​​Americans. Among them, consumption is hoarding goods. Due to the impact of the epidemic, 9 out of 10 items purchased by every American are made in China.

The US dollar is rushing into China. Although there is no data after the introduction of the US$1.9 trillion stimulus plan, the numbers that can be found are still shocking.

Data shows that after the continuous dumping of US Treasury bonds in 2020, China suddenly increased its holdings of US Treasury bonds in the reverse direction in January 2021, buying up to 22 billion U.S. dollars, the largest share since October 2018.

Why is this? Because too many dollars have poured into China in recent times, the country cannot find a good investment direction for a while, and cannot spend it, so it can only buy U.S. debt against the trend.

As of March 1, the size of US Treasury bonds exceeded 28 trillion U.S. dollars, which is about 30% higher based on the GDP value of 20.955 trillion U.S. dollars in 2020. What's terrible is that this number is still rising.

According to incomplete statistics, since March 2020, the United States has introduced a total of about 6 trillion US dollars of financial relief measures, far exceeding the scale of the 2008 financial crisis.

Spreading money, more professionally speaking, is quantitative easing, which has become the only means for the United States to counter the decline in economic data.

Do you think this is all there is to it?

impossible!

It is reported that the United States is preparing to learn from China for large-scale infrastructure construction. The initial plan was to invest 3 trillion US dollars, but Biden and his team felt that it was too little. Later, it became 4 trillion US dollars, and it has now become 10 Trillions of dollars.

These are the root causes of the phenomenon of the century in the United States. Even the slowest Americans are beginning to feel that inflation is coming. Please note that because the US dollar is the world currency, there was no inflation in the United States before this.

Now, even the United States is beginning to see inflation, and money is becoming less and less valuable, so why keep them?

If even the Americans themselves don’t want the U.S. dollar, who is the money printed by the U.S. going to be given? In other words, who is going to pay for the unrestrained printing of money in the United States?

Brazil, Argentina, Turkey, Southeast Asian countries, etc., have gone bankrupt or are on the verge of bankruptcy because of the over-issued U.S. dollar. But obviously, their economies are far enough to pay for the United States. Who will be next?