Daily commentary-每日见闻-2023.08.09

Global environments:

Politics:

US:Domestic politics' main conflicts is still the requirement of equal rights of ordinary people vs privillege of certain classes. International politics' main conflicts is still conflicts with China and Russia.
China:

Economy:

US:Internally, the main economic conflict is high inflation vs robust wage increase. High inflation caused higher wage. Higer wage caused higher inflation, which is a spiral process. To solve or ease this conflict, US need to find ways to producer cheap goods and services. The best way to produce cheap goods and cheap services is to limit demands. Demands ration had been worked in many cases in the past. But due to strong opposition from corporations and people, so mordern gov tends to use moneytary policy to control demands.Internationally, the main economic conflict is OPEC countries want to raise oil price while US wants lower oil price. At the same time, chip producers want charge higher price for gpu chips, while developing countries want cheaper price for GPU chips. The way to solve the internal economic conflict is to use monetary policy to reduce extra demands of corporates and people.
China:
EU:
Japan:
Germany:
India:
UK:
Culture:
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UK:
Technology:
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China:
EU:
Japan:
Medicare:

Big events:

Cycles:

War: