Daily commentary-每日见闻-2023.08.04

Global environments:

Politics:

US:Internally, the main conflict is people asking for more equal rights, while rich classes want to keep more rights. Internationally, the main conflict is between US and China who controls the cutting-edge technologies and who is the geographic leaders in several regions.

Economy:

US:Internally, the main conflicts for ordinary people are increasing living cost vs flat salary. (Living costs' increase was mainly driven by increasing demands from people vs production constrains. For our daily consumption, there is no way limits our demands on energy, food and other goods due to our way of life. So the only solution is increase the productions for energy, food and other products.) Workers are asking for higher salary, while companies are trying keep cost lower and enlarge profit. 

Big events:TBD

Cycles:TBD