Big news just dropped from the Middle East, Al-Ron is throwing down the gauntlet, putting pressure on Trump, and officially pulling out of all negotiations, no more talks. Why the sudden hardline stance? The reason is that while the big players are continuously blocking Al-Ron, they are also allowing little Israel to keep hammering Lebanon without any sincerity. Since there has been no progress in the talks, Al-Ron is going straight for Trump's weak spot, trying to see if they can break through. It’s even possible that the Strait of Mandeb, which is near the Red Sea, could be shut down too. Everyone, pay attention to the timing of this news drop; it’s too precise, right before the U.S. stock market opens. This is a calculated financial war aimed directly at Trump. Global markets reacted instantly, with international oil prices surging nearly 5%, and the dollar index rocketing up—everything was jumping. In the short term, the two-year U.S. Treasury yield skyrocketed by nearly 2%, approaching the 4.1 mark, while the long-term 30-year Treasury yield even broke past 5%. The soaring U.S. Treasury yields are Trump’s Achilles' heel, hitting him right in the sweet spot. With yields hitting these high levels and financial pressure at its peak, Trump will ultimately have to fold and back down. Al-Ron has now completely figured out the opponent's cards, landing a precise hit in the most painful spot; this is their ultimate countermeasure. Now it’s up to Trump how he responds and how he plans to break the deadlock. Results are coming soon. Let me level with you all, there’s no need to panic excessively. Right now, it’s not just us feeling the pinch in the BTC, ETH market; Trump is feeling the heat even more than we are. It’s highly likely that it won’t be long before the U.S. side proactively releases signals to ease the current financial and geopolitical pressures. Let’s just hang tight and watch how things unfold. $BTC
Gao Zhikai warns, within 12 to 18 months, this bomb is likely to blow, potentially triggering an unprecedented global financial crisis.
With that $39 trillion US debt looming over us, just the interest alone is gobbling up nearly $3 billion a day. Gao Zhikai warns that within 12 to 18 months, this bomb is likely to blow, potentially triggering an unprecedented global financial crisis. Many folks don't grasp how massive that $39 trillion debt really is. To put it simply, the US owes more than its entire annual GDP, by about $8 trillion. Even scarier, this debt is racking up interest like crazy—almost $3 billion a day, which is roughly $125 million an hour, over $2 million a minute. This cash isn’t going towards infrastructure or welfare—it’s just a 'thank you' to the creditors, and it keeps piling up. At the financial forum in Shenzhen on May 27, what was supposed to be a serious discussion about financial development in the Greater Bay Area turned silent after Gao Zhikai spoke.
Currently, I see that the AI-generated video with the highest likes seems to have around 120,000 or maybe 1.2 million likes. Without a second thought, I just downloaded it.
The government can issue currency on its own, so money is never an issue. What’s the point of taxes then?
When taxes come up, most people's first reaction is that it's the government 'raising funds.' Just like we regular folks earn a salary or run a business to generate revenue, the government lacks funds and relies on taxes to patch things up for public works, schools, national defense, and social security. This notion is almost ingrained as 'common sense,' but, ironically, this common sense is fundamentally flawed.
For countries with sovereign currencies, the government monopolizes the issuance of legal tender. In layman's terms, the Renminbi is the official currency issued by the People's Bank of China, and technically, the government can create as much money as it wants; it could cover all fiscal expenditures even without collecting a single cent in taxes.
A classic example is the global response post-COVID in 2020. The U.S. launched multiple rounds of fiscal stimulus in just two years, printing over $5 trillion, directly distributing cash to the public and bailing out businesses. None of this money came from tax increases; it was all thanks to the Fed's money printer.
Similarly, during the pandemic, our country’s expenditures on virus control, social safety nets, and infrastructure investments weren’t raised through temporary tax hikes, but were funded through fiscal deficits.
Now, someone might wonder: if printing money can solve all spending issues, why doesn't the government just eliminate taxes and print money to get by? Some might argue that Zimbabwe and Venezuela went overboard with money printing, ultimately crashing their economies.
Exactly, that’s the crux of the issue. The real purpose of taxation is never to 'raise money'; rather, it’s to maintain the economy's four lifelines.
The first core function of taxes is to establish a 'credit anchor' for legal tender, which is essential for currency circulation. Many people can’t grasp why a piece of paper with numbers on it is accepted as money.
Since the collapse of the Bretton Woods system in 1971, global currencies have completely decoupled from gold IAU; today’s money is fundamentally credit money, and the bedrock of that credit is taxes.
The state legally mandates that all taxes and fees within China must be paid in Renminbi, leaving no alternative options. If you want to run a business, earn a paycheck, or buy property or a car, as long as you legally exist in this country, you can’t escape paying taxes, inevitably creating a rigid demand for Renminbi.
Without taxation, currency loses its core rigid use case, and people would no longer recognize that piece of paper.
The second core function of taxes is as the 'master valve' for controlling inflation, protecting the purchasing power of the common folk. We all know a basic economic principle: if the money supply increases without a corresponding rise in goods and services, inflation occurs, and money loses its value.
When the government prints and spends money, it's essentially 'injecting liquidity' into the market, while taxation is 'siphoning off' excess cash. When the economy overheats and prices skyrocket, the government can raise taxes to pull excess money out of circulation to cool things down; conversely, during economic downturns when consumption is weak, it can cut taxes to keep cash in the hands of businesses and the public, stimulating consumption and investment.
Without taxation as this valve, if the government keeps printing and injecting money without any means to withdraw it, it inevitably leads to rampant inflation.
The third core function of taxes is as a 'balancer' for inequality, maintaining the core foundation of social stability. The natural tendency of a market economy is to concentrate wealth in the hands of a few; over time, this leads to serious wealth disparities and exacerbates social conflicts. Taxation is the most effective tool for achieving income redistribution.
The government collects these taxes and reinvests them through healthcare, social security, compulsory education, and poverty alleviation, thus narrowing the wealth gap and upholding social fairness. Without taxes, wealth would accelerate towards a select few, resulting in the rich getting richer and the poor getting poorer, ultimately intensifying social conflicts—something no nation can afford.
The fourth core function of taxes is to act as a 'guiding rod' for industrial development, which determines the long-term trajectory of the national economy. For a country to develop sustainably, it must direct capital and talent towards high-tech and real economy sectors while curbing the uncontrolled expansion of high-pollution and high-energy-consuming industries. Tax policy is the most flexible and effective regulatory tool.
Our country provides a 15% corporate tax rate for high-tech enterprises, which is 10 percentage points lower than regular businesses; it also exempts new energy vehicles from vehicle purchase tax; and offers export tax rebates for export enterprises. These tax incentives essentially pave the way for these industries to thrive.
Conversely, imposing high consumption taxes on tobacco and alcohol, and levying environmental taxes on high energy-consuming companies, raises operational costs and limits chaotic expansion. Without taxes, the state loses this core regulatory tool, and capital would flow only into quick-profit speculative industries, neglecting the critical area of technological innovation, leading to total chaos in national industrial development.
Now, someone may still ask: if taxes aren’t for generating funds, why does the government calculate fiscal revenue every year and worry about tax shortfalls?
The reasoning is simple: although the government can technically print unlimited money, the credit ceiling for that money is ultimately determined by its ability to collect taxes. The extent to which a country can consistently collect taxes reflects the health of its economic fundamentals and the strength of its fiscal credibility. Just like how the U.S. can issue massive amounts of national debt globally, it relies not on its money printer, but on having the world's largest tax base; the global community trusts it to honor its debts through taxation, which is why they are willing to hold dollars and U.S. bonds.
Is it meaningful to speculate in stocks with 10,000 to 20,000?
It's very meaningful, if you are under 25, you must take 10,000 to 20,000 to speculate in stocks. Because 10,000 to 20,000 is a lot for you, when you buy a stock, you will be very excited to see the fluctuations the next day, and likely just a small up or down will cause you to have emotions, you could lose or gain. You will brag to others that you are trading stocks, maybe you earn a tiny percentage on one ticket, it's very necessary. It's great that you earned this money, but it's better to lose, ideally losing 30% to 50%. At this point, you finally start to learn some technical skills and fundamentals, when others talk about MA and BOLL, you won't understand everything, you will also know what limit orders and market orders are.
Rational analysis, the bull market is here. 1. The central bank is the "invisible expert" in the cryptocurrency trading circle, right? Every bull market peak, it必出重拳喊话严打——前一轮直接清退交易所,火币老用户全被清,后面几个月跌得有多惨谁忘得了?4年一轮回的精准提示,就是喊韭菜“赶紧卖,别当冤大头”。When it hits the bear market bottom, it signals a loosening, meaning: you can enter the market. Don't believe it? Go check old news! 2. Does anyone think the central bank is "secretly saving" the cryptocurrency traders? At the bull market peak, it必喊严打,前一轮连交易所都清了,火币老用户被迫离场,后续暴跌至今记忆犹新。The precise timing every 4 years essentially reminds you: "It's time to sell, don't give away your money." When the bear market hits the floor, it signals a loosening, implying: you can buy now. Check the news and you'll understand! 3. Those trading cryptocurrencies should appreciate: the central bank is the real "guiding light". At the bull market peak, there必出严打消息,前一轮清退交易所、火币清用户,之后暴跌有多狠不用多说。The rhythm of the four-year cycle is basically saying to the traders: "Hurry up and sell." When the bear market bottoms out, it signals a loosening, meaning very clearly: you can buy now. The news can be verified!
Do you need me to elaborate on any specific paragraph, combining particular bull market time points and policy details to make the content more persuasive? $ETH
In the past, buying US stocks had a really high threshold:
For NVDA, one lot is 100 shares, requiring a starting investment of $14,000. Hong Kong stock IPOs are T+2, with funds frozen for a week. The various platform fees are a mess; although Robinhood, Snowball, and Futu are cheap, there are many restrictions.
Now Binance Wallet has launched the "On-chain Stocks" section:
USDT can be bought and settled instantly, with 0 fees. Supports fractional share trading, allowing entry for just $1.
Currently, Binance Wallet's token stocks support two protocols: Ondo's oracle pricing model and Xstock's liquidity pool model.
Although what you buy is a token certificate and not the actual stock, for many who just want to participate at a low threshold, this experience is already quite sufficient.
Why is virtual currency not allowed in the country?
This is a true case of a friend of mine. He was originally not from the financial sector, just a coder working in the United States, but with just a few simple lines of code, he made 20 million US dollars in two years. But don't get me wrong, this article does not encourage you to do so. The purpose of writing this article is to reveal how a part of the population precisely harvests the masses, and this process is legal and compliant. You can't even find a moral flaw; how much can be earned solely depends on the appetite of the operator and how dark their conscience is. The method is very simple: issue virtual cryptocurrencies. Note, I am not talking about trading coins, but rather acting as the issuer to issue virtual coins, and he harvests those who trade coins.
Binance Alpha Airdrop Announcement November 16 There is no announcement today; there should still be an old coin airdrop this afternoon, worth around 30 USDT; Play Solana will go live on OK at 9 PM tomorrow, and Binance Alpha should also have an airdrop today —— If you don't have a wallet invitation code, you can use mine Invitation Code U0347KNF Wallet transaction fees reduced by 10%
Score brushing recommendation AIO, score brushing cannot be overly constrained; right now, airdrops really depend on details to succeed or fail. If the wear and tear of obtaining points between you and others is too different, then your profit will be less! Be sure to operate within the stable range of the coins, using reverse orders to finish the battle in one or two minutes; the faster, the lower the probability of being constrained! $AIO $KOGE
Binance Alpha Airdrop Announcement November 16 There is no announcement today; there should still be an old coin airdrop this afternoon, worth around 30 USDT; Play Solana will go live on OK at 9 PM tomorrow, and Binance Alpha should also have an airdrop today —— If you don't have a wallet invitation code, you can use mine Invitation Code U0347KNF Wallet transaction fees reduced by 10%
Score brushing recommendation AIO, score brushing cannot be overly constrained; right now, airdrops really depend on details to succeed or fail. If the wear and tear of obtaining points between you and others is too different, then your profit will be less! Be sure to operate within the stable range of the coins, using reverse orders to finish the battle in one or two minutes; the faster, the lower the probability of being constrained! $AIO $KOGE
Detailed Illustrated Tutorial for FOUR New Token Purchase
Yesterday, the official FOUR account announced on X the public presale of COM tokens on October 17th at 5 PM. Each wallet is limited to $50 to $500. For this type of new token purchase that does not deduct alpha points, Ahao suggests everyone who meets the conditions to participate; if you participate, there may be surprises, but if you do not participate, there will definitely be no rewards!
Alright, let's get started. Many friends do not know how to operate and earn FOUR points. Follow Ahao step by step to learn easily! 1️⃣ Get prepared: Deposit one or two hundred U of BNB into your web3 wallet. This is the money for trading on the FOUR platform later! Then, you need to prepare a VPN for accessing the internet! (If you don't have one, you can check my pinned post to ask me for one)
BNB HODLer Receives Airdrop While Lying Down! How I Earn $3,800 Monthly with $ZKC at Zero Cost
Hey guys, I just received the $ZKC from the 39th BNB HODLer airdrop, and it instantly turned into $3,800 on Boundless! These days, just holding isn't enough; smart people are using BNB investment + airdrop dual mining strategies. Today, I will share with you how to maximize BNB earnings while lying down. 1. What exactly is Boundless? As an architect who has participated in the development of multiple ZK projects, I find Boundless's design to be quite ingenious. The three major pain points of traditional ZK projects: The technical threshold is high; ordinary users can't really get involved. The hardware requirements are outrageous; only miners can participate.
October 14, Alpha Airdrop Announcement (3 today, 2 tomorrow)
October 14 (today) 1) LAB-exclusive TGE, 16:00-18:00, requires 3 bnb, cross-chain trading infrastructure, general experience, mainly depends on the final participation multiple, gross is constant while people are variable. 2) CLO airdrop, 19:00, the leading lending platform in the Sui ecosystem, annual revenue nearly 5 million, real application, will go live with a contract. 3) ENSO airdrop, estimated 20:00-21:00, possibly the strongest today, chain abstract infrastructure, high financing with strong background, quality ecological applications, pre-market 3.
October 15 (tomorrow) 1) WBAI airdrop, decentralized human search and background investigation platform, Binance investment, 3 million annual income and over 100,000 users, could be a dark horse.
Spend a few minutes to enjoy a luxurious pig trotter rice meal. Friends who want to participate, look over here @Somnia Official Task platform #somnia Project reward 70000 tokens $SOMI , the event is about to end, the current price is 0.7 each @Somnia Official
I have indicated the event entrance in the image below. Just complete each task in accordance with the event process ✅, the tasks are all very simple, really all you need is to have hands. Additionally, when trading, remember to enter and exit quickly, watch the prices closely, and do not choose to trade during times of high volatility. You can basically achieve 0 loss, and when the event ends, tokens will be distributed at the rewards center! $SOMI
Spend a few minutes to enjoy a luxurious pig trotter rice meal. Friends who want to participate, look over here @Somnia Official Task platform #somnia Project reward 70000 tokens $SOMI , the event is about to end, the current price is 0.7 each @Somnia Official
I have indicated the event entrance in the image below. Just complete each task in accordance with the event process ✅, the tasks are all very simple, really all you need is to have hands. Additionally, when trading, remember to enter and exit quickly, watch the prices closely, and do not choose to trade during times of high volatility. You can basically achieve 0 loss, and when the event ends, tokens will be distributed at the rewards center! $SOMI