金融的本质：从5000年历史看今天的泡沫风险
从5000年前的泥板合同到今天的数字金融，金融的本质从未改变——它是一台时间机器，让价值跨越时空流动。回顾南海泡沫、密西西比泡沫等历史教训，反思当前市场的风险信号。
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The Dangerous Divergence: When Stock Market Euphoria Meets Consumer Despair
For the first time in 30 years, a stunning divergence: stock valuations near all-time highs while consumer confidence plunges to 2008 financial crisis levels. What do these two diverging curves predict? The warning signs from 1929's Great Depression are reappearing.
危险的背离：当股市狂欢遇上消费者绝望
过去30年来首次出现的惊人背离：股市估值接近历史最高点，消费者信心却跌至2008年金融危机水平。这两条曲线的分裂预示着什么？1929年大萧条前夕的信号正在重现。
Will the AI Boom Repeat the Telecom Bubble of 25 Years Ago?
Deep comparison between the 2000 telecom bubble and today's AI boom reveals three dangerous similarities: excessive optimism, circular financing, and customer concentration. AI must reach automotive industry scale to justify current investments. History shows: technological revolutions and bubbles
AI热潮会重蹈25年前电信泡沫的覆辙吗？
通过深度对比2000年电信泡沫与当前AI热潮，揭示三大危险相似点：过度乐观预期、循环融资生态、客户高度集中。AI必须达到汽车行业规模才能对得起当前投资。历史告诉我们：技术革命与泡沫总是结伴而行。
Decoding the Fed Rate: Your Guide to Market Swings
Unravel the mystery of the Federal Funds Rate! Discover how this key interest rate, currently at 4.22%, influences everything from your mortgage to stock market swings, and learn lessons from past crashes like 2008 and the Dot-Com Bubble.
美联储利率：股市“晴雨表”还是“风向标”？
美联储的联邦基金利率，这个看似神秘的数字，其实是影响股市和我们钱袋子的关键“指挥棒”。本文用大白话解释利率如何影响投资，回顾历史股灾中的利率变化，并解读当前4.22%的利率水平，教你如何像看“天气预报”一样理解它。