The American economy is now like an absurd stage play:
The front row is brightly lit — AI tycoons are flying in private rockets, frantically investing hundreds of billions to build data centers, and the GDP curve has been forcefully pulled into a V-shaped rebound, with thunderous applause all around. In contrast, the back row corner presents a different scene: workers from traditional industries are queuing up for unemployment benefits, debt interest bills are thicker than the national defense budget, and their salaries have only increased by 3.5%, yet inflation has gnawed them down to the bone.
The Federal Reserve Chairman stands in the center of the stage holding a "rate cut squirt gun," already spraying 75 basis points (originally planned for 150, but almost out of ammo), while awkwardly smiling and saying, "Everyone, don’t worry, the AI brothers are already carrying this economy, just hold on a little longer..."
The audience began to ask questions: The unemployment rate has risen to 4.6%, and the U6 broad unemployment rate is at 8.7%. It looks like a warning is about to be triggered. Is there really no big move?
The chairman wiped his sweat: "Of course there is a big move - we are restarting the purchase of short-term bonds, 40 billion in a month, quietly printing some money, consider it a hidden QE, everyone just pretend you didn’t see it, alright."
The excited crypto trader raised his hand: "Can Bitcoin take off as a safe-haven asset?"
The chairman stifled a laugh: "Take off? Just don't let Nasdaq drag you down with it. In the current situation, your connection to tech stocks is tighter than twins; real hedging? First, think about how to avoid the margin calls."
The whole place fell silent for three seconds, then burst into laughter.
In the end, the American economy is characterized by "the AI performance area shining brightly, while the traditional industry area faces power outages," and the Federal Reserve's "big moves" can be summarized in one sentence—keep the show going, let AI hold the stage a little longer, and absolutely do not let the spotlight go out.
As for the crypto market? Don't dream of it being the gold 2.0, just pray it doesn't become the "vanguard" of the tech stock decline, that would be a blessing.
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The American economy is now like an absurd stage play:
The front row is brightly lit — AI tycoons are flying in private rockets, frantically investing hundreds of billions to build data centers, and the GDP curve has been forcefully pulled into a V-shaped rebound, with thunderous applause all around. In contrast, the back row corner presents a different scene: workers from traditional industries are queuing up for unemployment benefits, debt interest bills are thicker than the national defense budget, and their salaries have only increased by 3.5%, yet inflation has gnawed them down to the bone.
The Federal Reserve Chairman stands in the center of the stage holding a "rate cut squirt gun," already spraying 75 basis points (originally planned for 150, but almost out of ammo), while awkwardly smiling and saying, "Everyone, don’t worry, the AI brothers are already carrying this economy, just hold on a little longer..."
The audience began to ask questions: The unemployment rate has risen to 4.6%, and the U6 broad unemployment rate is at 8.7%. It looks like a warning is about to be triggered. Is there really no big move?
The chairman wiped his sweat: "Of course there is a big move - we are restarting the purchase of short-term bonds, 40 billion in a month, quietly printing some money, consider it a hidden QE, everyone just pretend you didn’t see it, alright."
The excited crypto trader raised his hand: "Can Bitcoin take off as a safe-haven asset?"
The chairman stifled a laugh: "Take off? Just don't let Nasdaq drag you down with it. In the current situation, your connection to tech stocks is tighter than twins; real hedging? First, think about how to avoid the margin calls."
The whole place fell silent for three seconds, then burst into laughter.
In the end, the American economy is characterized by "the AI performance area shining brightly, while the traditional industry area faces power outages," and the Federal Reserve's "big moves" can be summarized in one sentence—keep the show going, let AI hold the stage a little longer, and absolutely do not let the spotlight go out.
As for the crypto market? Don't dream of it being the gold 2.0, just pray it doesn't become the "vanguard" of the tech stock decline, that would be a blessing.