Former US Treasury Secretary Summers: Recently, investors have poured into safe-haven assets such as Bitcoin, which is a high-energy warning released by the market.

According to a report on the August 21st economic report on August 5, former US Treasury Secretary Lawrence Summers said that as the risk of the real economy rises, businesses and consumers become fearful and start saving. People are increasingly worried that the development of the foreign exchange market will become an excuse to fight against China like a tariff, or become an excuse for the United States to start buying the renminbi. Recently, investors have poured into safe-haven assets such as gold, bonds and even bitcoin, and fled high-risk assets such as stocks and loans, which is a high-energy warning released by the market.