Comrade, you have to work harder to pay off your debts. Oh,maybe the debets wasn't yours but you Should to pay for it.

Today is a beautiful day in most areas, Middle Middle East , Along the changjiang River,because it snowed in many places Of these, and Shanghai also had a bit of snow for many years.

Play with snow were Cheering on social media has lowered the long-lost joy, and there is less mention of whether it is cold or not. Even if it is cold, it is only a few degrees below zero, which is not as good as today's Shanghai Composite sharing market。

There are not too many unexpected stimuli on the news, but the Ministry of Finance 『 Maybe』is about 2025. A measure of the size of the deficit,It may be more important than most people can observe-the deficit rate in 2025 is 4%, an increase of one percentage point over the same period last year, and the debt scale is close to 12 trillions yuan—— Did you remember and noticed the figure like the debt scale at the end of 2024?

Speaking More of this, In Nowadays with a higher and higher risk, If you have a snowy place, try to enjoy the snow and breathe fresh air.

When the weather is good, remember to work hard and pay back the debt of nearly 40 trillions yuan accumulated in the past two years And in 2026.

The Ministry of Finance said that it would expand moderately in 2026 to ensure the 『FOCUS』.

The overall scale of borrowing may contribute to this super-large debt pool, while ultra-long-term Treasury bonds will continue to be Pushed to market and be sold, after all, the outside face, many times is purely supported by the deficit, but the inside reason, in the case of so much borrowing, is in a liquidity dilemma, and stretched, In 『Everywhere』.

And, I'm not sure you noticed the very **erous signal Or not, Today in the global market,VIX Panic index Was raised to18.65%, at this moment（ Picture 9in this Article picture Bank）…

Well,Let's play with the snow first, and leave the rest to tomorrow.

Have a nice day.

#DeficitStrategy

#LiquidityModel