Chapter 312: The world's general trend is vast and powerful. Those who follow it will prosper, and those who go against it will perish.

Friday, July 5, 2024.

Jisilu temperature: 3.77, Shanghai Composite Index: 2954 points.

Today, the market plummeted again by more than 1%. The Shanghai Composite Index has fallen from 2954 points at the opening to a low of 2920, setting a new low in recent days.

In the forum, the emotions of stock investors have subtly changed from numbness and despair to anger.

Some scolded, A shares are spineless,

Some people blamed that the stocks such as Changdian, Shenhua and CNOOC, which have been rising continuously, have sucked away the liquidity.

Others blame ZJH,

Very few people blame themselves, let alone reflect on themselves.

However, the cold numbers do not care about any emotions, and the naked losses continue to hit the nerves of investors.

Countless investors, in despair, gaze into the distance, wondering where the future lies.

In the BD VIP room, the number of stock investors coming to watch the market is decreasing, and it is becoming deserted.

Old Chen stared at the monitor and muttered:

"Is this market really hopeless? It's falling every day, every day. There's not a single day that it doesn't fall."

"Alas, when will we have a hearty bull market? I've been stuck in the A-share market all day, feeling so nervous and anxious, like a rat. It's so miserable!"

Xiao Bo also sighed, patted his shoulder and comforted him:

"It's okay. Even though the market keeps falling, at least we haven't started losing money yet..."

"Look, in the VIP room next door, I heard that several veteran investors are almost losing half their money again..."

"Oh..." Old Chen sighed and shook his head, as if he wanted to shake the disappointing A-shares in his head and in front of him into outer space.

Li Feng saw the two of them, drank a sip of tea, and looked at the busy traffic outside, and fell into deep thought...

After a long while, he said softly:

“Fiery fire refines true gold; every major drop is a reconstruction of investment logic…”

“The old valuation system, the old investment model, and the old profit model will all collapse, while new valuation systems, new investment models, and new profit models are gradually emerging…”

"Think about the stock market crash in 2015, then look at the bear market from 2021 to 2024, or even further back, the big bear market from 2012 to 2014..."

“The market is created in this kind of despair.”

Hearing Li Feng's words, Lao Chen couldn't help but asked, "Li Feng, stop massaging. Can there be a bull market in this kind of ghost market?"

"Xiao Bo, do you believe it?"

"Me? I don't believe it." Xiao Bo thought about it and shook his head.

"Li Feng, do you really believe it? Don't fool me..." Old Chen asked Li Feng again.

"Why don't you choose to believe it?" Li Feng asked in return, "In a narrow sense, the bull market with hyperinflation as its theme has always been..."

"A bull market in the broad sense should slowly return after this round of curing the disease..."

"What do you mean by scraping the bone to cure the poison?" Old Chen asked with a frown.

"Delist stocks that shouldn't be listed; let overvalued stocks fall back to their original levels; let finance return to its original purpose; let regulation return to normal... Once sentiment, market, and valuations reach a freezing point, the index will have no choice but to rise."

Li Feng explained, "When yin reaches its extreme, yang is born; when adversity reaches its peak, good times will come."

Li Feng's words became more and more mysterious. Old Chen and Xiao Bo quickly interrupted him and said, "Speak in human terms. Just tell me where the future lies."

Li Feng thought about it carefully and said:

"I personally believe that all increases are due to improved performance. Therefore, at this stage, we should choose sectors where performance is bound to grow, or even surge, in the short term, medium and long term. This way, we will have sufficient safety margins and value for money."

Yesterday's news:

1. SCO Declaration.

It is very necessary to read this declaration carefully.

The explanation in the text is very intriguing, for example:

"Member states believe that the SCO should play a greater role in promoting the consolidation of comprehensive peace, security and stability and building a new international political and economic landscape that is democratic and just."

Following the signing of the Central Asian Railway project, my country should vigorously develop the countries in the Western Regions, radiate to the Middle East and Eastern Europe, and completely open up the land Belt and Road Initiative.

2. The British Labour Party won a landslide victory.

European and American elections are a game.

No matter who comes to power, there is a game of capital behind it.

Therefore, whether it is the right turn in Britain, France, or Germany, it is essentially the choice of capital, the spokesperson of capital, and a sleight of hand.

The attitude of capital in the economic and trade field is to close the country when it is poor and open the door to trade when it is rich.

It is precisely because of this kind of paperhanger-style reform that it cannot touch the fundamental interests, cannot deal with the various factions within it, and cannot achieve the transfer of interests from the powerful to the common people.

In the absence of colonial transfusions, the internal polarization between the rich and the poor will inevitably become more severe over time, leading to various internal contradictions that will become more intense over time, with the decline of the economy and the decline in the living standards of civilians and even the middle class.

Just like the boiling water in a teapot, the juice is boiling and cannot be reconciled.

In the end, either we will engage in foreign wars like during World War II, diverting conflicts while plundering external resources to support ourselves (Japan invaded my country),

Or, it will lead to internal war and redistribution of internal interests (dynasties change, a cycle lasting thousands of years).

3. BYD’s production base in Thailand went into operation, and the 8 millionth new energy vehicle officially rolled off the assembly line.

Go global and use industrial capacity, economic strength, peaceful means and mutually beneficial models to expand the nation's living space.

If my country has a few more BYDs and a few more HWs,

Then, the living standards of our people will definitely rise to several levels.

This is an obvious thing.

However, some people do not want us to go overseas, do not want us to squeeze their living space, and do not want our economic strength to become stronger.

This is also why the Internet is full of various voices of opposition.

Because they are afraid that their living space will be squeezed, that their companies will lose in the competition, that their people's income will decrease, and that their interests will be damaged.

The business world is like a battlefield, it’s human nature.

Faced with the current fierce and life-and-death competition in the world, we must and will not hold back for the sake of our own living space and the well-being of future generations.

Rush out, fight your way out, and carve out a new world.

I would rather die than let my friend die.

4. The CICC woman incident.

Using public opinion, they want to resist reforms in the financial sector.

A mantis trying to stop a chariot.

5. Japan eliminated floppy disks.

The rise of the Internet, especially the popularity of decentralized pan-media such as Tik Tok, has opened up the minds of the people.

Readers, Zhiyin, Yilin, and Youth Digest, all these toxic chicken soups controlled by Europe and the United States and used to brainwash the people have completely failed.

Previously, all the halos created by those developed countries were shattered one by one, revealing their true colors.

Before, they were powerful only because of industrialization.

Now, the reason why they are no longer powerful is that their industrialization level has fallen behind.

It is not because of some vague cultural, institutional, or even racial issues.

Now, both internationally and domestically, we are in an era of great change.

The general trend of the world is vast and powerful. Those who follow it will prosper, and those who go against it will perish.

Living in such an era is both our fortune and our misfortune.

We must clearly discern the future, recognize the direction of history, set lofty goals in our hearts, throw ourselves into the torrent of history, go with the flow, soar with the wind, and realize our own life value.