AI Summary
Professor Jiang, in a lecture delivered on May 14, 2026, to his Beijing high school students, analyzes former President Trump's recent visit to China, predicting an imminent "grand bargain" between the two nations. He highlights the presence of numerous US business and financial executives, including Elon Musk, Tim Cook, Larry Fink, and Steven Schwarzman, as a strong indicator of a significant deal. Jiang's core theory posits that global reality is a "hallucination" orchestrated by financial elites, or "game masters," through the US dollar's Ponzi scheme, and that China itself is a "hallucination of a hallucination," fundamentally dependent on the US. He argues that the US-China trade war, which began in 2018, stemmed from China's misguided attempt to achieve independence from this system, but China's inherent vulnerabilities—such as its reliance on energy imports, export-driven economy, and capital flight—have compelled it to seek reconciliation. The predicted grand bargain, according to Jiang, will involve China opening its financial sector to US firms, allowing Chinese citizens to purchase US dollar-backed stablecoins to help finance the US national debt through a mechanism he calls "financial repression." In exchange, China would secure access to cheap energy from a US-controlled Western Hemisphere (including a hypothetically annexed Venezuela), critical Nvidia AI chips, and continued access to the US market. Jiang also suggests that the US might strategically endorse China's unification with Taiwan, thereby shifting geopolitical burdens to Japan and South Korea. He concludes that this grand bargain is essential for both nations to maintain the illusion of the global economy and prevent a catastrophic collapse if people were to "wake up from the dream."
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