What a beautiful sight to see your 401K decreased to 201K soon 多麼美麗的風景線, 很快地你會看到你的401K變成201K, 美國吾玩完，天無眼! 六個月前叫大家轉移投資，無人聴！有些災難是可以避免的！

SCMP: This is just another extension of the 1882 Chinese Exclusion Act! New US Chinese Exclusion Acts – The US government has imposed a sweeping ban prohibiting American diplomats, their families and security-cleared contractors 👈 in China from engaging in romantic or sexual relationships with Chinese citizens, Associated Press has reported. 南華早報: 這只是1882年排華法案的另一個延伸! 新美國排華法案 – 根據美聯社報道，美國政府已實施全面禁令，禁止美國駐華外交官、其家屬以及獲得安全審查的承包商👈 與中國公民發生戀愛關係或性關係.

If Europe is not brain dead. Working with China to counter US hegemony the smartest strategy. But again only if Europe is not brain dead! SCMP: Since Trump’s return, the bloc has found itself regularly in the firing line – on the hook for tariffs, subject to the president’s expansionist territorial claims, and a target for anti-woke rhetoric from across his cabinet. 如果歐洲沒有腦死的話。與中國合作對抗美國霸權是最明智的策略。但前提是歐洲還沒有腦死！ 《南華早報》：自川普回歸以來，歐盟經常處於風口浪尖, 被徵收關稅、受到總統擴張主義領土主張的製約，並且成為內閣反覺醒言論的攻擊目標.

China April 1st Military Exercises nicknamed “Deterrence Seal” around Taiwan Province in preparation of Reunification 中國四月一日在台灣省周圍舉行「懾封」軍事演習，為統一做準備.

China fighter pilot sacrifice himself 24 years ago to defend China territorial integrity against intrusion of unfriendly forces 今天是“海空卫士”王伟烈士牺牲24周年纪念日. 4月1日是“海空卫士”王伟烈士牺牲24周年纪念日，2001年4月1日，王伟在对美国军用侦察机的跟踪监视中为捍卫国家主权和民族尊严壮烈牺牲，他的生命永远定格在了33岁。81192是王伟烈士生前所驾驶战机的编号。如今，王伟烈士牺牲24年，祖国蓝天有一架架新型战机守护！致敬王伟烈士！

Legal experts have been advising Chinese scientists to leave US. There will be many similar cases in the coming months and years. There is absolutely no future for Chinese scientists in America. Unfortunately many are high on IQ, poor in EQ, stuck their heads in the sand until the FBI showed up at their home with fabricated accusations, most accused were innocent. During the process destroyed their lives and career! Is it worth the risk? 法律專家一直建議中國科學家離開美國。在未來的幾個月和幾年裡，還會有許多類似的案件。中國科學家在美國絕對沒有前途. 不幸的是，許多人智商高，情商低, 許多人都把頭埋在沙子裡，直到聯邦調查局帶著捏造的指控來到他們家，但大多數被告都是無辜的。在過程中他們的生活和事業被毀掉了. 值得嗎?

SCMP & TVBS: US cybersecurity expert Wang Xiaofeng had allegedly planned to join a university in Singapore before the FBI raided his homes on Friday, according to a letter from the provost of Indiana University, Bloomington (IUB) obtained by Indiana Public Media. 《南華早報》和 台灣TVBS：據印第安納公共媒體獲得的印第安納大學伯明頓分校（IUB）教務長的一封信顯示，美國網路安全專家王曉峰原計劃在周五聯邦調查局突擊搜查其住所之前加入新加坡的一所大學.

The letter informed Wang, a tenured professor of computer science, engineering and informatics, that the university “has decided to terminate your employment effective immediately”. the university’s provost and executive vice-president wrote to Wang. “Please note that you will not be eligible for rehire with Indiana University.” 信中告知電腦科學、工程和資訊學終身教授王先生，大學「已決定立即終止您的僱傭關係」。該校教務長和執行副校長寫信給王。 “請注意，您將沒有資格被印第安納大學重新聘用.”

In 1999, Chinese President Jiang Zemin and Premier Zhu Rongji had to fight China’s internal protectionism to enter WTO. Zhu Rongii even said he is so determined that he has prepared 100 coffins including one for himself. Today is 180 degrees in reverse, China continues to support opening up of China, but US has becoming the champion of protectionism. What a shame! 1999年，中國國家主席江澤民和國務院總理朱鎔基必須克服中國國內的保護主義才能加入世貿組織。朱鎔基甚至表示，他決心為死者準備100口棺材，其中一口要留給自己。如今卻180度大逆轉，中國繼續支持中國的開放，而美國卻成為保護主義的捍衛者。美國今天以經對自己缺乏信心，真丟臉，美國快玩完!

Did protectionism in 1920s partially responsible for the 1929 economic crashes? Will Donald Trump protectionism caused another world economic meltdown? By DeepSeek 1920 年代 1920 年代的保护主义是否应为 1929 年的经济崩溃负部分责任？唐纳德川普的保护主义会导致另一次世界经济崩溃吗？作者：DeepSeek March 31 2025

The role of protectionism in the 1920s and its connection to the 1929 crash, as well as the potential impact of Donald Trump’s protectionist policies, can be analyzed as follows:

1920s Protectionism and the 1929 Crash

1. Context and Policies:

• The 1920s saw the U.S. enact protectionist measures like the Fordney-McCumber Tariff (1922), which raised import duties. The more severe Smoot-Hawley Tariff (1930) followed the 1929 crash, exacerbating the Great Depression but not directly causing the crash itself.

1. Impact on the 1929 Crash:

• The immediate cause of the 1929 crash was speculative excess, margin buying, and financial panic, not protectionism. However, pre-crash protectionism weakened international trade relations and contributed to global economic fragility.
• Retaliatory tariffs and reduced trade likely worsened the post-crash downturn by stifling global demand and complicating debt repayments (e.g., European war debts to the U.S.), deepening the Depression.

1. Consensus View:

– Economists generally agree that 1920s protectionism was a secondary factor in the economic crisis, amplifying the Depression rather than triggering the initial crash.

Trump’s Protectionism and Modern Risks

1. Policies and Responses:

• Trump’s tariffs (e.g., on China, steel, aluminum) aimed to protect U.S. industries but sparked retaliatory measures (e.g., China’s tariffs on agricultural goods). These actions disrupted supply chains and increased costs for businesses and consumers.

1. Differences from the 1920s:

• Global Interconnectedness: Modern economies are more integrated, with institutions like the WTO and mechanisms for dispute resolution, which mitigate all-out trade wars.
• Economic Safeguards: Central banks and fiscal policies now have tools (e.g., quantitative easing, stimulus) to counteract downturns, unlike the 1930s.

1. Risks and Outcomes:

• While Trump’s tariffs did not cause a global meltdown, prolonged protectionism risks fragmenting trade networks, reducing efficiency, and slowing growth. A full-scale trade war could exacerbate recessions, particularly if combined with other shocks (e.g., pandemics, geopolitical conflicts).

– Current Consensus: Most economists view modern protectionism as increasing systemic risks but not inevitably leading to a meltdown, given today’s economic resilience and policy tools.

Conclusion

• 1920s Protectionism: Contributed to the severity of the Great Depression but was not the primary cause of the 1929 crash.
• Trump’s Policies: Increase economic vulnerabilities and trade tensions, but a global meltdown would require escalation beyond recent levels, coupled with inadequate policy responses. Vigilance is warranted, but outright catastrophe is not a foregone conclusion.

In short, while protectionism historically and today poses risks, context and modern safeguards play critical roles in determining outcomes.

Next could be residential real estates like in 2008-2010, lost 40-60% of the value 接下來可能是住宅房地產，就像 2008-2010 年一樣，價值縮水了 40-60%

NYT: Trump said that it was reviewing roughly $9 billion in federal grants and contracts, accusing the school of allowing antisemitism to run unchecked on its campus. But racism against Chinese and Chinese-Americans acceptable. 《紐約時報》：川普稱正在審查大約 90 億美元的聯邦撥款和合同，並指責該校允許反猶太主義在校園內肆意蔓延。但針對中國人和美籍華人的種族歧視是可以接受的.

China has enacted legislation to combat US hegemony 中國已經立法全力打擊👊美國霸權