China has started cracking down on the cryptocurrency market again. While this was expected, it's still quite terrifying. Let me tell you, local governments across China are going crazy in their debt reduction efforts. For example: Wuhan issued three measures last week: leverage state-owned enterprises, listing state-owned enterprises on the A-share market, and investing state-owned enterprise resources in finance. Why do this? The main reason is that only by listing non-profitable assets can debt reduction be accomplished. The path to this is simple: after the listing, everyone in the casino will foot the bill. Just like Trump dragging the cryptocurrency market into trouble: One approach is to support the cryptocurrency market and have it foot the bill. The other approach is to crack down on the cryptocurrency market and have it foot the bill. Congratulations to all the cryptocurrency brothers, you've gotten into trouble again! !!!