For example, the Asian financial crisis of 1997 was triggered by Thailand. The Thai government is too ambitious. Instead of investing in financial real estate, it invests in industry and borrows too much dollars from American financial consortia to develop real estate, tourism and finance.

Later, Soros pulled up the dollar to short Thai pearls, which made the Thai real estate industry insolvent and had no investment value. American financial creditors require Thai real estate companies to increase collateral, otherwise they will be liquidated.

However, the Thai government's foreign exchange reserves are not enough to boost the local currency and suppress the US dollar to cope with the crisis. Thai real estate companies can only choose to default and be forced to liquidate their land and houses to American financial institutions, which caused heavy losses and triggered the Asian financial crisis.

South Korea also had to mobilize its nationals because of insufficient foreign exchange reserves. Expatriates bought domestic products for the country, saved dollars for the country, and saved gold for the country before fleeing.

China and Hong Kong SAR only escaped with the help of the China municipal government, but the house price in Hong Kong still fell by 70%.

Before 2008, the United States government implemented the strategies of capital globalization, trade globalization and industrial globalization, which led to industrial relocation, excessive financial innovation and real estate bubble.

In 2008, the real estate bubble could not be maintained, because the income of the poor could not be increased, and they had to abandon their houses and cut off their supply, which triggered the financial subprime mortgage crisis. US stocks plunged from15,000 to 8,000, with the lowest reaching 6,800.

The American subprime mortgage financial crisis washed away the American stock market, housing market, bond market and foreign exchange market, and the United States became a failed country.

The United States has to issue dollars indiscriminately, implement zero interest rates, support industries with large-scale tax cuts, introduce foreign investors, and vigorously develop industries. It took ten years to get out of the subprime mortgage crisis in 2008.

Because the German government insisted on doing industry and refrained from financial innovation and real estate speculation, not only did the financial crisis not occur, but it also used the financial crisis to acquire industries from abroad, upgraded and strengthened itself at home, and regained the world export champion from China.