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Pension

This is a short post I posted on Weibo: If China can do well in these two key areas, it will definitely "accelerate the reunification process" and "reduce corruption"! 1. Improve retirement and pension services so that everyone doesn't fear old age, illness, or disability. 2. Improve medical services so that no one is burdened by the sheer cost of medical care! The main cause of the "wealth gap": Fear of future and no security! I was chatting with my parents yesterday, and they said, "Everything is expensive in Taiwan; it's hard to survive right now." Taiwanese people may not have seen the worst yet: Facing high US tariffs, many Taiwanese businesses will go bankrupt in the future! The US has a Social Security Administration that manages social insurance funds, including various US pensions, disability benefits, and medical benefits. This administration is only 90 years old. It will be difficult for US social welfare to continue. The US is a country with "high taxes and low benefits." Why? Because the money the US spends on "weapons and robbery" each year comes from the public taxes. Americans don't have to worry: Evildoers will be punished! American capitalists have turned the US into a "capital market monopoly"! All essential consumer goods in the US are monopolized by capitalists. Let's see how these capitalists will get their retributions! These capitalists believe that "evolution" can kill gods. They believe that AI is a powerful and great agenda for this generation. They believe that "AI robots" replaces human creation. Is the human body structure simpler than AI robots? How could anyone be so foolish as to believe in the "Big Bang"? "Lies and stupidity" are synonymous with our generation. Only a bunch of lies and fools believe that there is no Creator! Only fools believe that high technology can control the world, and these people commit endless evil! How many chips would need to be implanted in a robot to achieve the level of human skin, the skin is the simplest part of the human body? Always remember: Good deeds are rewarded, evil deeds are punished! I absolutely believe: Good deeds are rewarded!

Let's talk about the "retirement system"! Why are there so many corrupt officials in China? Corrupt officials simply don't want to retire in China! If we want to take root somewhere, do we want it to be better or worse? Corrupt Chinese officials have no confidence in the Chinese government. They don't believe that the Chinese government can truly care for 1.4 billion Chinese people! If Chinese officials trusted this government, would they engage in corruption? No! What do people care about most? They only care about two things: Health and Retirement! How much money someone makes isn't important; what's important is whether you can happily and healthily spend your earnings. If we earn money solely for medical care, will we be happy? If we earn money solely for treating our loved ones' illnesses, will we be happy? If people aren't concerned about retirement, why do these corrupt officials embezzle? Why do they become naked officials? Why do they send their wives and children abroad? We must address every issue at its root! Many people say that Chinese officials have excellent retirement benefits! This is the key point we're discussing: What does excellent retirement benefit mean? Are the pensions high? Do you know how much of a 5,000-6,000 RMB pension a senior citizen actually has left to spend? These seniors need medical care and medication. While most have health insurance, they still spend 3,000-4,000 RMB per month on medicine. This is the reality! This is why I say that all livelihood issues are centered around "retirement and healthcare"! If China improves retirement and healthcare, its people will surely be the happiest in the world. And of course, Taiwanese people will certainly be willing to embrace the motherland! The retirement systems in the United States and Japan are terrible. Why do people in these countries still work into their 70s to 90s+? Working into their 70s to 90s+ is a national tragedy! It's not that these people don't want to retire, but that they can't, or simply don't have enough money. If people continue working into their 70s to 90s+, the country will soon die! Buffett is a pathetic old man, not retiring until he's 95yrs! What is the true meaning of retirement? Retirement isn't about lying around waiting for death; that's worse than being buried in a coffin! Retirement means not having to work for food and doing what we love! Why can some retire at 30yrs ? Because they have enough wealth to support their interests! What do you think: Is Buffett a pathetic old man? Besides making money, I really don't see the meaning of his life!!

We're all lost in the "retirement planning" trap! The Social Security Administration's retirement plan is a complete failure! The typical retirement plan relies on saving for your own retirement, but this is a flawed concept and approach! I want to design a better retirement system! Why? Because retirement funds will never keep up with inflation! I still want to urge the Chinese government to control the exchange rate. There are times when it's important not to be fooled by "freedom"! Does the United States manipulate its exchange rate? It does so severely! The United States manipulates its exchange rate using interest rates! Why can't seniors in the United States retire? Ten years ago, $1,000 was enough for retirement, but now a $1,000 pension isn't even enough to rent a room! This is the real reason seniors in the United States can't retire! The cheapest nursing home in the United States starts at $5,000; $3,000 is incredibly cheap! China has become an aging society, with many elderly people. Does China want them to continue working? If they don't retire, they'll take the jobs of young people, which will hinder social development! Young people need job opportunities to keep society vibrant! Seniors need a retirement life to write a perfect ending to their lives! If a person's entire life is just work, work, work... isn't that tragic lifestyle? Why are there still countries willing to endure Trump's tariffs and do business with the United States? Because the US dollar is high! This is why I say: China needs to control exchange rates! Why are corrupt officials fleeing to the United States? Because the US dollar is high! These corrupt officials are pessimistic about China's future, so of course they're embezzling money and sending it to the US! Is the "exchange rate" related to "pensions"? Of course they are! The "exchange rate" is directly related to "inflation." If inflation is too high, pensions will shrink! The government can't suppress prices to control "inflation"; these are only temporary solutions, not the root methods! "Prices" are directly related to "exchange rates and tariffs"! And the "exchange rate" is directly linked to "interest rates"! Why is China, despite quantitative easing, still unable to escape the recession? Because the RMB exchange rate is too low, which drives money to the US dollar! The US dollar absorbs a large amount of RMB, and businessmen will borrow low-priced RMB to invest in US dollar assets to earn interest! Even if China floods the market with money, there will still be a recession! China must allow the RMB to appreciate, otherwise it will just be flooding the pockets of American capitalists!!

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