我之前说造假的产业链非常发达，只有想不到，没有做不到，有些网友还不信，他没见过，他就说没有。 你看，能贸易转服务吧？改了这个，企业的主营业务占比就变了，科创属性就体现出来了。 你看他第一条信息第一句说的是啥啊？服务器贸易，服务器租赁。 实际上对应的是，市场上的算力泡沫，算力中心的兜底骗局。 算力中心其实好几年前就不行了，只是前两年才显现出来，这个以后有时间专门写一写。 这种造假就是属于能提供全套服务的，上下游能给你配套找好，而且找的不是空壳，是国企央企、上市公司。 你们仔细看上面三个图。 这是上午一个人给我发的，其实类似的信息经常收到，就跟他聊了两句（主要是这个人我微信备注的是税务局的工作 人员啊，哈哈）。 2020年的时候，我跟他的微信聊天内容，还是关于税务处理异常发票的问题。 很诧异，怎么改行跨度这么大啊，估计以前他不是正式员工吧。 正好借着他这个，给你们分享分享，他这种财务造假产业链。 他可能有吹牛的成分，但是，最起码不是空壳，怎么也能是个拟ipo的规模，确实市场上很多人都能做到。 而且据我了解，就算是国企央企，上市公司，也能实现，我亲眼见过。 他这财务造假的操作模式，还不吃你们自己的资金流，他们来提供 ...

Core Viewpoint - The article discusses the overvaluation of the US stock market, particularly the Nasdaq index, in light of high corporate valuations and the increasing US national debt, while contrasting it with the structural issues in the Chinese stock market [1][10]. Group 1: US Stock Market Dynamics - The US stock market has consistently rebounded from short-term declines, with many companies having market capitalizations exceeding $4 trillion and high price-to-earnings (PE) ratios [1]. - The correlation between CEO compensation and stock prices aligns the interests of executives with those of shareholders, contributing to a long-term upward trend in the market [2][3]. - A significant portion of US corporate profits is returned to shareholders through dividends and stock buybacks, which helps maintain stock prices despite high valuations [2][6]. Group 2: Comparison with Chinese Stock Market - The Chinese stock market suffers from a misalignment of interests between major shareholders and minority investors, leading to practices that exploit the company for personal gain [2][3]. - The lack of effective regulation in China allows major shareholders to extract value from companies, often resulting in significant losses for minority shareholders [3][10]. - The article suggests that the structural issues in the Chinese market, such as poor governance and lack of investor protection, hinder its competitiveness compared to the US market [13]. Group 3: Economic and Financial Considerations - The US economy is increasingly reliant on financial markets, with a hollowing out of the real economy as companies outsource production to maximize profits [8]. - The article highlights the importance of a stable political environment and respect for property rights in maintaining investor confidence in the US market [11]. - The ongoing inflation and the historical upward trend of global indices suggest that while the US market may appear overvalued, it has mechanisms in place to correct itself [9][12]. Group 4: Valuation Metrics - The article provides specific PE ratios for major US companies, indicating a wide range of valuations that reflect their global market reach and profitability [14]. - Comparatively, Chinese companies often exhibit lower valuations, raising questions about their growth potential and market competitiveness [14].