The 1930s on Earth were a turbulent period.
Bio-photovoltaics, combined with traditional wind, solar and hydropower technologies, have caused traditional energy sources such as oil and natural gas to lose their original purpose.
As the mother of modern industry, petroleum naturally has more than just one use as fuel.
There is a whole petrochemical industry surrounding oil and natural gas.
Even if oil loses its primary use, oil-producing countries, led by the Middle Eastern oil giants, can still manage to get by, albeit frugally, even if they can't live as well as before.
Besides the big players in the economy, Russia, which is heavily reliant on natural gas and oil, is also struggling. Before it can even develop its own high-tech industries, its original economic pillars have been severed.
Not only has the economic pillar been severed, but the plan to strangle Europe through energy has also fallen through.
This represents a double loss, both economic and strategic.
New energy sources have achieved a penetration rate of over 90%, while traditional fuel power plants have only been preserved for strategic purposes.
In case of problems with wind, solar, and hydropower, thermal power plants can be restarted.
However, at least from the demand side, a large portion of the demand for oil has mysteriously disappeared.
For energy-dependent countries, however, things are far more complicated.
The emergence of the virtual world has led to a contraction in demand across the entire manufacturing industry.
A simple example is that before the virtual world existed, people initially changed their phones every year, but later it became every three years.
After the emergence of the virtual world, people stopped changing their phones, and a single phone could be used for more than ten years.
Demand has inexplicably shrunk.
For countries like America, which rely heavily on the financial industry, they are able to rebuild a financial system using the virtual world.
They made huge profits within this financial system.
Previously, matter was 1, but America was able to manipulate capital to become 100.
Now that we have a virtual world, and with the influence of external media and our own experiences, there is no difference between the material world and the virtual world.
There is no difference between assets in the physical world and assets in the virtual world.
So, the sum of virtual and physical is 1 + infinity, meaning America has taken the financial game to an unlimited level.
Thanks to this, America's capital market is even more prosperous than it was ten years ago.
But for Russia and its wealthy dog owners, this is not a game they can play.
Not only are they unable to build a financial system that would allow players from all over the world to participate, but they also cannot achieve stable profits even if they do participate.
If America is the market manipulator and China is the institutional investor in the global capital market, then the big players and Russia are the韭菜 (leeks, the韭菜 to be harvested).
Russia is regularly exploited by the US dollar through its tidal effect, while Russia fares slightly better, being exploited less and more by others.
The 1920s belonged to the era of Xiang Zhuang's sword dance aimed at Liu Bang.
Liu Bang was on the verge of collapse and was only kept alive by bio-photovoltaics and industrial intelligence; he was also incredibly lucky.
In other words, any changes at the macroeconomic level will affect every link in the entire chain.
Two seemingly unrelated things may actually be intricately connected.
Even towards the end of the 1930s, there were still voices within America who believed that allowing China to join the WTO more than 30 years earlier was a mistake.
After China joined the WTO, it became completely uncontrollable.
In fact, China's accession to the WTO was the most beneficial thing for America at the time.
The overheated investment in the early 1990s led to the bursting of the real estate bubble in Hainan Island and Shanghai, and at the same time, it led to the technical bankruptcy of the four major banks.
Following these events, the RMB began to be directly pegged to the US dollar at a fixed exchange rate. This is the fundamental reason why the United States was willing to accept China into the WTO system.
America exports to China: US dollars, various high-tech products and services, medical and financial products.
China exports textiles and low-to-mid-end manufactured goods to America.
This created a perfect closed loop in the early 21st century, which was perfect for America at the time.
In the new era, the 1930s, America was able to use its advantages to sustain itself by exploiting other countries, but these resource-rich nations could not do the same.
Therefore, under certain circumstances, a war broke out on Earth that swept across most of the planet.
China also took this opportunity to completely resolve certain historical issues.
As for the direct cause, it also led to irreversible losses to the interests of countless vested interests.
Singapore is naturally a thorn in the side of countless people.
Even more fatally, Zheng Li disbanded all of Singapore's original armed forces, and the American army also withdrew from Singapore.
From a traditional perspective, Singapore is a piece of meat that anyone can devour. Capturing Merlin is unlikely, but this is essentially a way to control Merlin.
Just finding life-extending drugs in the Science City is enough to break even.
While neighboring countries were attempting to attack Singapore, the price tag for life-extending drugs on the dark web had already reached a billion dollars.
In this era, the US dollar remains an important component of the global currency system.
"Mr. Zheng, does the Singaporean side need our assistance?"
According to our intelligence, Malaysia, Indonesia, India, and Japan are all attempting to take action against Singapore.
Or rather, taking action against Singapore was already part of their pre-arranged plan.
Before the war against Singapore broke out, China specifically notified Zheng Li and expressed its willingness to assist in the defense.
"No need, I have my own ways of dealing with these things."
Zheng Li refused decisively.
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