问题并不在于美国内部没有问题，而是这些问题并非通过美联储听话，或者更换财长就能解决的。贝森特的困境，其实是美国霸权余晖下的缩影。当政客们 还沉迷于权力斗争和寻找替罪羊时，现实早已把美国经济拉回了地面。在这个多极化的世界里，真正能拯救美国经济的良方，不是换掉官员、祭天阁僚，也 不是对外挥舞制裁大棒，而是要正视美国早已支离破碎的信用体系和产业基础。但从大国衰退的历史来看，一旦历史的列车进入下坡道，就再也没有回头 路。 这种脆弱的经济基础，成了美国在与中国博弈时最致命的弱点。它揭示了美国全球霸权地位正被内部不断积累的巨额债务和无法控制的通胀所蚕食。特朗普 对美联储的指责，转而威胁贝森特，根本原因其实是他在与中国的较量中感受到失败后，无法面对自身的无能。这时，他选择通过让别人承担失败的责任来 掩饰自己的失败。过去，美国总是通过制造外部敌人来转移内部矛盾，而如今即使外部对手也无法占得上风，特朗普选择将矛头转向国内，寻找替罪羊，试 图恢复他对外政策的面子。而贝森特，则成了这个背景下的牺牲品。 目前美国面临的问题，不仅仅是贝森特一个人的问题，其根源在于美国经济结构性困境的深重。根据一些权威机构的报告，2025年将是美国金融 ...

Group 1 - The first key point is the upcoming China-US economic consultation meeting in the UK, indicating a potential resolution to previous negotiation issues, which may positively impact the A-share market expectations [1] - Morgan Stanley and HSBC are optimistic about Chinese stocks, predicting increased capital inflow over the next 6 to 12 months, highlighting that global investors currently have low exposure to Chinese stocks [1] - The expectation of a weaker US dollar and the profit growth of Chinese companies are driving interest in Chinese stocks, particularly offshore Chinese stocks like Hong Kong stocks, due to anticipated appreciation of the Renminbi [1] Group 2 - The emphasis on the importance of investing in Hong Kong stocks, with a belief that the Hang Seng Index and Hang Seng Tech Index will outperform A-shares in the long term [2] - The influx of foreign capital into Hong Kong stocks is significant, as foreign investors prefer to enter through the Hong Kong market due to its globalized nature and liquidity [2] - The changing global capital landscape, driven by a weakening US dollar and risks associated with high US debt, is expected to attract global funds to Chinese stocks, with Hong Kong as the entry point [2] Group 3 - The central bank's gold reserves increased to 73.83 million ounces by the end of May, reflecting ongoing gold purchases as a risk hedge against the depreciating dollar and high US debt risks [4] - The global trend of central banks increasing gold reserves indicates a lack of confidence in the dollar and US debt, highlighting gold's scarcity as a valuable asset [4] - The expectation of stable or rising international gold prices suggests potential investment opportunities in gold, despite market fluctuations [4]