The current global economy seems to be in an era of competition in deterioration.

Since the Federal Reserve's aggressive interest rate hikes in 2022, the global economy has been continuously disturbed and impacted. The current global export trade is sluggish, economic recovery is slow, regional conflicts have intensified, and with the increase of uncertain factors, the global economy is always shrouded in gloom.

It is not an exaggeration to say that the whole world is waiting for the Federal Reserve to cut interest rates, just like a very arid area is eager for a heavy rain, but the Federal Reserve's every operation is astonishing.

On July 5, the US Department of Labor released the latest data, and this time the United States has blatantly and unashamedly shown the world the "data fraud".

The US Department of Labor said it would significantly revise the data for April and May of this year. The non-agricultural data for April was revised from 165,000 people to 108,000 people, and the non-agricultural employment for May was revised from 270,000 people to 218,000 people.

Saying this is a "revision" is a compliment to the United States, in fact, it is a blatant data fraud. In just two months, the non-agricultural employment decreased by 110,000 people.

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The data for June is even more fake. The US construction industry added 27,000 new jobs in June, while the monthly increase in new jobs in the US construction industry in the past year was 20,000. In June, it suddenly rose to 27,000 people. Is it that the construction industry suddenly exploded?

The fact is exactly the opposite. Since 2024, the US construction industry has been on a downward trend, with the number of new residential starts falling by more than 20%, and the data of the entire construction industry has been declining all the way. How can the construction new employment increase against the trend?

There is also the data fraud in the fourth quarter of 2023 in California, USA. The data counted by the California Legislative Analyst's Office (LAO) is that the number of jobs was reduced by 32,000, while the data counted by the US federal government is that 110,000 new jobs were added.However, these messages were forcefully suppressed before they could ferment, but this time it's different; it's almost as if it's openly telling the world: I am fabricating data.

It can be said that the United States' economic data fraud has been laid bare, completely unmasked.

Not only are the non-farm employment data falsified, but the U.S. GDP growth data is also very fake. In the first quarter of this year, the U.S. GDP grew by 2.9%, but the total electricity consumption in the United States in the first quarter decreased by 3%-5%.

Especially in March, the electricity consumption decreased by 5.5% month-on-month and 3.6% year-on-year, but the GDP still managed to achieve positive growth.

Let's look at our country. In the first quarter of this year, our electricity consumption increased by 9.8% year-on-year, while the GDP for the first quarter grew by 5.3% year-on-year.

It can be observed that the growth rate of electricity consumption in the United States does not match the GDP growth rate, and there is a significant gap, which obviously does not conform to economic laws.

Some people say that the pillars of the U.S. economy are the financial services industry and high-tech industries, which do not consume much electricity. However, the electricity consumption for residential, commercial, and industrial use in the United States is declining. Moreover, the AI artificial intelligence that the United States is currently promoting consumes much more electricity than residential use.

Artificial intelligence not only consumes electricity but is also a power-hungry beast. The daily electricity consumption of the U.S. ChatGPT is as high as 500,000 kilowatt-hours, equivalent to the electricity consumption of nearly 20,000 U.S. households. Tesla CEO Elon Musk warned that the United States may not have enough electricity to power computer chips by 2025.So, the GDP growth rate of the United States, non-farm and other data have obvious falsifications, and the United States' economic data are blatantly falsified, with only one purpose behind it: to ensure the global operation of the dollar hegemony through the dollar tide harvesting.

The Federal Reserve's interest rate hikes and cuts both refer to two very important data, one is CPI (inflation rate), and the other is non-farm data.

If the U.S. CPI continues to decline, and non-farm data continue to fall, then the Federal Reserve will consider cutting interest rates, and vice versa.

The United States forcibly maintains the non-farm data to be very beautiful, in order to maintain the current high interest rates and maintain the "strong dollar" status.

From historical experience, the dollar tide usually achieves the global harvesting behavior of the dollar through the measures of cutting interest rates, raising interest rates, and then cutting interest rates again. The economic crisis in Latin America in the past and the 1997 Asian financial crisis were all the work of the dollar tide.

Harvesting once or twice, many countries will be caught off guard, but if it is always played like this, everyone will inevitably be on guard, especially this time many countries and our country have carried out currency swaps, which greatly eased the dollar debt and reduced the harvesting effect of the dollar tide.

At present, the dollar tide is stuck in the interest rate increase link, dare not raise interest rates, and are unwilling to cut interest rates, in a dilemma, and the only way is to continue to maintain a high interest rate of more than 5%, continue to absorb global funds, and try to continue to blow up other economies, and "transfuse blood" for its own huge debt gap.

So, in order not to cut interest rates, there must be data support, and the various data of the United States are embellished very beautifully, but the reality is another scene, even if it is blatantly falsified, after all, falsification is not one or two times.

If one day, the various economic indicators of the United States all go down, it means that the United States may really have to cut interest rates.Recently, Citibank in the United States released a chart of the expected path of interest rate cuts in the U.S. Citibank believes that the U.S. will start cutting interest rates from September, with a total of eight consecutive cuts. This can be seen as a form of "pressure", which means: Federal Reserve, hurry up and cut interest rates, the banking industry really can't hold on anymore.

So, will the U.S. cut interest rates next? At present, the probability of cutting interest rates in September is very high, let's wait and see!