The Japanese government recently made a major move: issuing new government bonds worth 29.6 trillion yen, approximately 1.3 trillion RMB, setting a new record high. From another perspective, this is equivalent to nearly 1 billion RMB being spent daily.

The government's plan is clear — use this money to stimulate the economy. After all, Japan has been in deep trouble in recent years: deflation, sluggish consumption, and enormous aging pressures. They are turning up the printing press in hopes of giving society a strong shot of confidence.

But the problem is, Japan's total national debt has long exceeded 260% of GDP, the highest in the world. Continuing to increase debt is like blowing up a balloon that’s already at its limit — no one knows when it will burst.

This debt-driven approach to solving immediate problems, in simple terms, is "borrowing future money to fill today’s holes." Traditional economic methods are increasingly like an endless relay race, with no clear finish line. Because of this, more and more people are beginning to reflect: is there a way to build a sustainable value ecosystem that doesn’t rely on debt cycles?

Fortunately, new community models and asset forms are emerging at this moment. They are taking a different path — not relying on external infusions, but maintaining ecological vitality through consensus and internal creativity. Transitioning from "passive blood transfusion" to "active hematopoiesis," this paradigm shift may be the key to grasp in the next decade.

What do you think? Will this debt-stimulus approach ultimately break the deadlock or deepen the trap? If you want to avoid being quietly harvested by debt devaluation, which assets or value carriers should you focus on now? Feel free to share your thoughts in the comments.