{
  "text": "各位,上期有朋友留言想讓我講台海話題。\n所以今天我們來深度預演下這個所有台灣人都如梗在喉的噩夢。\n想像一下假設台海爆發衝突的第一天,你的真實生活體感會是什麼樣子?\n早上7點半,你還沒醒,手機就連續震動收到一連串簡訊。\n今天下午1點到4點分區限電,高鐵部分路段停止,請改走國道。\n你揉着眼睛划开外送平台\n发现连最普通的便当价格都暴涨了38%\n甚至有许多餐厅直接标示无人送餐\n更可怕的是\n当你打开原本稳定的网络银行\n系统突然跳出交易线而调整的警告\n你摸着口袋里的新台币\n以为这只是一时混乱\n但你有没有想过\n为什么几千公里外发射的一枚飞弹\n明明没炸毁你的城市\n却精准命中了你的钱包\n如果我们假设时间来到第二天\n情况已经开始变得完全不一样了\n供应链出现明显断裂\n晶片供应卡住\n新闻频道开始疯传各种出口封锁的假讯息\n连带让跨国物流费用攀升到不可思议的地步\n我猜各位想到的一定是\n既然打仗了经济肯定会暂停\n只要各方坐下来谈判等炮火暂时停下\n物价就会跌回原点\n如果你也是这样想的话\n那你可太天真了\n这正是全世界最大的错觉\n因为军事上的交火或许会因为政治安排而暂时停止\n但一场没有硝烟的全球经济绞肉机\n才刚开始全速运转\n要看懂这台绞肉机怎么运作\n我们必须先翻开一本全球财富的真实账本\n这场战争争夺的究竟是什么\n在很多人眼里\n台湾不过是一座2300万人口的海岛\n但是这座岛屿却控制着\n全世界最先进半导体\n高达九成以上的产能\n拥有巨大的国内市场与出口引擎\n世界银行直到今天都还在警告\n这座岛屿的经济\n对技术与供应链高度敏感\n所以大国之间真正争夺的\n从来都不只是一块土地\n而是试图夺取那个\n能让全球科技大厂\n瞬间瘫痪的巨大经济开关\n控制这里不只是军事问题\n更是技术与经济问题\n为什么这座岛屿\n会被加上这么多层严格的技术管制\n我们必须把时间推回1979年\n当年美台关系发生重大转变\n美国为了确保自身的绝对技术优势\n开始建构一套极度复杂的先进技术出口管制网\n这套制度原本是为了防止敌对阵营取得高科技\n但随着全球化推进\n它变成了一条无形的锁链\n这里出现了第一个认知反转\n管制的真正目的根本不是让你的钱变少\n而是让你越来越难把手里的资源换成国际市场的美元\n地下有最先进的晶片\n不代表账户里能自由收到外汇\n这才是科技制裁真正致命的底层逻辑\n这就引出了美国手里真正强大的武器\n它根本不是航空母舰\n而是半导体与出口管制体系\n你可以把全球半导体产业想象成一座巨大的自来水厂\n虽然最顶尖的过滤技术与生产管线设在台湾\n但控制水阀电源与设备进口的总开关\n却牢牢握在华盛顿手里\n全球科技巨头都需要台湾晶片\n美国就可以透过出口管制监控每一笔交易\n只要关键制造设备不能进口\n货船保险被取消\n美国根本不需要把每一间台湾工厂炸掉\n只要让它很难接触全球先进供应链\n就能让对手的整个经济体系慢慢失血\n既然这套技术武器这么强大\n为什么台湾还能在这种极限施压中撑上几十年\n因为台湾并没有乖乖待在原地挨打\n而是开始建立一条多元化的经济护城河\n美国在控制正规的先进供应链\n台湾就在努力建立替代市场\n推动晶片自主发展\n并且加深与日本、欧洲等非美元主导交易圈的合作\n这是一组非常鲜明的对比\n当超级大国试图用单一的金融与技术霸权来困住对手时\n依赖出口的经济体只能拼命用分散风险的方式\n在每一次制裁的缝隙中寻找活路\n把制裁绕道的逻辑发挥到极致\n然而面对步步紧逼的封锁\n台湾手里真正能打出的反击底牌究竟是什么\n很多人以为是庞大的外汇存底或美元资产\n但答案其实是技术\n台湾非常清楚\n自己绝对不可能在传统金融体系或军事规模上击败超级大国\n那就只能打出另一张无可取代的牌\n半导体就是这张底牌\n当你把全世界最关键的零组件全部集中在自己手里时\n你其实就拥有了一种经济学上的互相保证毁灭机制\n台湾不需要在军事上主动出击\n它只需要利用技术筹码向世界证明\n如果你封锁我\n整个现代文明都必须跟着付出代价\n当这股恐怖平衡的气氛蔓延到台海上空时\n这片海域就成了全世界最值钱的经济开关\n我们来看一个数据\nFL5年上半年每天都有海量的先进半导体相关货物经过这里\n台湾其实不需要真的把全世界的晶片都炸光\n它只需要让伦敦的保险公司和Gangu的科技大厂开始怀疑\n这些晶片下个月还出得来吗\n只要这个问号一出现\n金融市场的恐慌定价机制就会立刻启动\n这就是风险溢价\n恐惧还没有变成现实\n但规避恐惧的代价\n已经变成了一笔巨大且真实的账单\n重重砸在所有跨国企业的办公桌上\n这时候你才真正理解一颗炮弹\n是怎么打穿你的钱包的\n当台海风险飙升\n供应链瞬间中断\n晶片供应量急选下降\n价格立刻呈现跳水式暴涨\n汽车制造商买不到零件\n只能高价抢货\n手机品牌为了维持出货\n只能硬吃下翻倍的运费\n这笔多出来的庞大成本\n你觉得这些大企业会自己默默吞下去吗\n当然不会\n他们会把这些成本一块钱不漏的\n加进商品的终端售价里\n这就是标准的成本推动型通货膨胀\n战争的杀伤力\n就这样透过物价精准的落在了\n每一位普通消费者的头上\n但这里出现了一个更残酷的问题\n而且我猜你一定没想过\n在这场危机中\n到底是谁在赚钱\n这就来到了我们的第二个认知反转\n战争带来的绝对不只有成本\n它还会制造惊人的超额利润\n晶片涨价\n半导体企业获利\n军事需求上升\n国防科技公司股价狂飙\n供应链大乱\n航运与保险集团锁定的天价合约\n这是一组非常讽刺的对比\n战争可以让某些企业的报表变得无比亮眼\n但绝对不代表整个社会的实质财富变得更多\n真正值得我们追问的是\n谁在承担痛苦的成本\n谁又拿走了丰厚的收益\n既然可以借由危机大发横财\n那发起制裁的大国\n是不是就能免费打仗\n稳赚不赔\n换成美国政府来算这笔账\n表面上拥有美元\n军事与金融霸权\n看起来很威风\n但现实的经济重力\n很快就会给予痛极\n战争照样需要消耗昂贵的弹药\n维持海外基地与防空系统\n更惨的是\n高科技产品价格飙升\n会重新推高美国自身的通膨数字\n严重削弱政府的政策空间\n所以真正的问题\n从来不是美国打不打得赢\n而是美国选民愿不愿意\n为这个所谓的打赢\n支付无限上纲的物价代价\n答案显然是不可能\n而处于冲突风暴正中心的台湾\n面临的则是另一种\n极其残酷的内在分裂\n这就是\n2.7%的萎缩\n出口承受重压\n外资信心崩解\n国内科技股受挫\n导致失业率上升\n消费市场瞬间结冰\n国家或许靠着晶片护城河\n挡住了最坏的结局\n但市井小民却必须用\n漫长的失业与资产缩水\n来承担这份沉重的代价\n这彻底揭开了战争经济学\n最大的幻觉\n我们总以为大国之间的冲突\n是双方各自拿着国库里的钞票\n往火炉里丢\n看谁的现金流先断掉\n但实际上\n现代经济战更像是在一个挤满人的房间里\n互相传递一块烧得通红的煤炭\n美国利用美元把金融成本推给台湾\n台湾利用半导体把锻炼风险推向全世界\n航运商把风险转成运费\n企业在把成本转嫁给消费者\n这就是全片最重要的一句话\n战争经济学的核心从来不只是谁摧毁谁\n而是谁能把战争的成本完美的甩给别人\n你仔细想想\n这块滚烫的煤炭最先烫伤的会是谁\n答案很意外\n既不是北美也不是欧洲\n而是整个亚洲制造业聚落\n因为全世界大部分的先进半导体\n最后都要流入中国大陆印度\n日本与韩国的终端市场\n当技术价格上升\n工厂成本增加\n这些唯利代工厂面临的是断崖式的利润萎缩\n最后只能逼迫消费者承受更高物价\n这场战争最讽刺的地方就在这里\n两个主角在海峡对峙\n战场明明离亚洲许多国家很远\n但因为供应链的联动\n那张沉重的经济账单却离全亚洲的寿星阶级无比接近\n所以这根本不是一张只有两个大国坐在两边对赌的双人牌桌\n而是一整个极度复杂的巨型利益网\n美国想守住的是亚太盟友体系与金融制裁能力\n台湾想捍卫的是政权生存与半导体的技术自主筹码\n中国大陆渴望的是突破供应链封锁与区域影响力\n而全球跨国企业在乎的\n只有如何在这场混乱中保住自己最后那一点点利润率\n在这个巨型排局里没有人愿意主动退让\n也没有人能够完全控制局面\n每一个玩家都在试图把自己的风险转嫁给下一个还没离场的人\n如果这种极端紧绷的对峙状态\n不是只维持短短几周\n而是僵持整整一年\n全球经济会迎来什么结局\n世界银行的极端压力情境\n给出了一个令人窒息的预测\n全球经济成长率\n可能会暴跌至1.3%\n这意味着\n基数价格将长期维持在高点\n各国央行在抑制通膨\n与防止衰退之间陷入彻底两难\n只要这条掌握全球命脉的航道\n一天不恢复正常\n企业就会持续停止投资\n一般民众的实质收入就会不断缩水\n整个世界经济都会被迫陷入一场\n看不到镜头的慢性休克\n我们必须重新定义这场冲突到底在打什么\n如果你还以为这只是一场\n因为几颗飞弹引发的晶片涨价危机\n那你的认知真的太浅了\n这迎来了最后的认知反转\n台海战争表面上打的是飞弹与领空\n底层打的却是一整套现代经济系统的运作逻辑\n美国依靠美元金融与制裁建立压力\n希望把对手困在全球技术体系之外\n而台湾则依靠半导体与地理位置反击\n试图向全世界证明\n你可以封锁我的美元账户\n但你绝对无法忽略我的晶片\n这才是整场博弈最核心\n也最无解的矛盾\n现在让我们再回头看看\n第一天那枚发射的飞弹\n它在物理世界中炸毁的\n或许只是一座军事设施\n但它引发的第二次爆炸\n却以光速震税了全球晶片市场\n第三次爆炸\n摧毁了跨国供应链\n第四次爆炸\n直接引爆了通膨数据\n第五次爆炸\n迫使央行大幅调升利率\n当最后一次爆炸发生时\n它已经精准无误的降临在你的手机\n你的汽车\n你的房贷\n以及你的实质购买力上\n这根本不是战争造成损失的故事\n而是经济利益本身\n如何一步步把危机推向今天的故事\n所以台海战争真正值得我们去研究的\n从来都不是谁的飞弹比较多\n而是谁掌握了半导体\n谁控制了出口管制\n谁又能把庞大的成本转嫁给全世界\n你可以把它想象成一场覆盖全球的强迫性募资专案\n每个人的账户都在不知不觉中被自动扣款\n如果你今天手里有一笔资金\n面对这种随时可能爆发的系统性风险\n你会选择保守的留下现金\n还是大胆压住那些掌握核心定价权的半导体资产\n欢迎在留言区告诉我你的真实判断\n记住现代战争最贵的从来不是炸弹\n而是战争重新分配技术\n资本与财富时整个世界必须付出的代价",
  "language": "zh",
  "duration": 798.487813,
  "segments": [
    {
      "start": 0.0,
      "end": 3.6,
      "text": "各位,上期有朋友留言想讓我講台海話題。",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.13878865485643818,
      "no_speech_prob": 9.144031885843784e-12,
      "compression_ratio": 1.2402597402597402
    },
    {
      "start": 3.6,
      "end": 8.8,
      "text": "所以今天我們來深度預演下這個所有台灣人都如梗在喉的噩夢。",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.13878865485643818,
      "no_speech_prob": 9.144031885843784e-12,
      "compression_ratio": 1.2402597402597402
    },
    {
      "start": 8.8,
      "end": 14.9,
      "text": "想像一下假設台海爆發衝突的第一天,你的真實生活體感會是什麼樣子?",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.13878865485643818,
      "no_speech_prob": 9.144031885843784e-12,
      "compression_ratio": 1.2402597402597402
    },
    {
      "start": 14.9,
      "end": 20.4,
      "text": "早上7點半,你還沒醒,手機就連續震動收到一連串簡訊。",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.13878865485643818,
      "no_speech_prob": 9.144031885843784e-12,
      "compression_ratio": 1.2402597402597402
    },
    {
      "start": 20.4,
      "end": 25.9,
      "text": "今天下午1點到4點分區限電,高鐵部分路段停止,請改走國道。",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.13878865485643818,
      "no_speech_prob": 9.144031885843784e-12,
      "compression_ratio": 1.2402597402597402
    },
    {
      "start": 25.9,
      "end": 27.98,
      "text": "你揉着眼睛划开外送平台",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 27.98,
      "end": 32.26,
      "text": "发现连最普通的便当价格都暴涨了38%",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 32.26,
      "end": 35.8,
      "text": "甚至有许多餐厅直接标示无人送餐",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 35.8,
      "end": 37.04,
      "text": "更可怕的是",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 37.04,
      "end": 39.54,
      "text": "当你打开原本稳定的网络银行",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 39.54,
      "end": 42.38,
      "text": "系统突然跳出交易线而调整的警告",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 42.38,
      "end": 44.46,
      "text": "你摸着口袋里的新台币",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 44.46,
      "end": 46.34,
      "text": "以为这只是一时混乱",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 46.34,
      "end": 47.6,
      "text": "但你有没有想过",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 47.6,
      "end": 50.14,
      "text": "为什么几千公里外发射的一枚飞弹",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 50.14,
      "end": 51.86,
      "text": "明明没炸毁你的城市",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 51.86,
      "end": 54.2,
      "text": "却精准命中了你的钱包",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07564153978901525,
      "no_speech_prob": 1.4913575582808924e-11,
      "compression_ratio": 1.25
    },
    {
      "start": 54.2,
      "end": 56.68,
      "text": "如果我们假设时间来到第二天",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 56.68,
      "end": 59.18,
      "text": "情况已经开始变得完全不一样了",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 59.18,
      "end": 61.1,
      "text": "供应链出现明显断裂",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 61.1,
      "end": 62.4,
      "text": "晶片供应卡住",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 62.4,
      "end": 66.4,
      "text": "新闻频道开始疯传各种出口封锁的假讯息",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 66.4,
      "end": 70.14,
      "text": "连带让跨国物流费用攀升到不可思议的地步",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 70.14,
      "end": 72.4,
      "text": "我猜各位想到的一定是",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 72.4,
      "end": 74.96,
      "text": "既然打仗了经济肯定会暂停",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 74.96,
      "end": 78.74,
      "text": "只要各方坐下来谈判等炮火暂时停下",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 78.74,
      "end": 80.68,
      "text": "物价就会跌回原点",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 80.68,
      "end": 82.28,
      "text": "如果你也是这样想的话",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 82.28,
      "end": 83.64,
      "text": "那你可太天真了",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06742073387228033,
      "no_speech_prob": 1.1108476985488558e-11,
      "compression_ratio": 1.3027522935779816
    },
    {
      "start": 83.64,
      "end": 86.06,
      "text": "这正是全世界最大的错觉",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 86.06,
      "end": 90.64,
      "text": "因为军事上的交火或许会因为政治安排而暂时停止",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 90.64,
      "end": 93.96,
      "text": "但一场没有硝烟的全球经济绞肉机",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 93.96,
      "end": 96.96,
      "text": "才刚开始全速运转",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 96.96,
      "end": 98.98,
      "text": "要看懂这台绞肉机怎么运作",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 98.98,
      "end": 102.32,
      "text": "我们必须先翻开一本全球财富的真实账本",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 102.32,
      "end": 104.72,
      "text": "这场战争争夺的究竟是什么",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 104.72,
      "end": 106.2,
      "text": "在很多人眼里",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 106.2,
      "end": 109.32,
      "text": "台湾不过是一座2300万人口的海岛",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 109.32,
      "end": 111.64,
      "text": "但是这座岛屿却控制着",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06659667275168679,
      "no_speech_prob": 1.5230233740837207e-11,
      "compression_ratio": 1.2876254180602007
    },
    {
      "start": 111.64,
      "end": 113.44,
      "text": "全世界最先进半导体",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 113.44,
      "end": 115.22,
      "text": "高达九成以上的产能",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 115.22,
      "end": 118.12,
      "text": "拥有巨大的国内市场与出口引擎",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 118.12,
      "end": 120.84,
      "text": "世界银行直到今天都还在警告",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 120.84,
      "end": 122.28,
      "text": "这座岛屿的经济",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 122.28,
      "end": 124.44,
      "text": "对技术与供应链高度敏感",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 124.44,
      "end": 126.88,
      "text": "所以大国之间真正争夺的",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 126.88,
      "end": 128.98,
      "text": "从来都不只是一块土地",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 128.98,
      "end": 130.58,
      "text": "而是试图夺取那个",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 130.58,
      "end": 132.24,
      "text": "能让全球科技大厂",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 132.24,
      "end": 134.54,
      "text": "瞬间瘫痪的巨大经济开关",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 134.54,
      "end": 136.92,
      "text": "控制这里不只是军事问题",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 136.92,
      "end": 138.96,
      "text": "更是技术与经济问题",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 138.96,
      "end": 140.44,
      "text": "为什么这座岛屿",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06092187762260437,
      "no_speech_prob": 1.701467786108246e-11,
      "compression_ratio": 1.361842105263158
    },
    {
      "start": 140.44,
      "end": 143.36,
      "text": "会被加上这么多层严格的技术管制",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 143.36,
      "end": 146.3,
      "text": "我们必须把时间推回1979年",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 146.3,
      "end": 149.0,
      "text": "当年美台关系发生重大转变",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 149.0,
      "end": 151.92,
      "text": "美国为了确保自身的绝对技术优势",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 151.92,
      "end": 155.78,
      "text": "开始建构一套极度复杂的先进技术出口管制网",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 155.78,
      "end": 159.38,
      "text": "这套制度原本是为了防止敌对阵营取得高科技",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 159.38,
      "end": 161.34,
      "text": "但随着全球化推进",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 161.34,
      "end": 163.34,
      "text": "它变成了一条无形的锁链",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 163.34,
      "end": 165.7,
      "text": "这里出现了第一个认知反转",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 165.7,
      "end": 169.1,
      "text": "管制的真正目的根本不是让你的钱变少",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.035919704744892735,
      "no_speech_prob": 1.542123720388311e-11,
      "compression_ratio": 1.2887537993920972
    },
    {
      "start": 169.1,
      "end": 173.6,
      "text": "而是让你越来越难把手里的资源换成国际市场的美元",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 173.6,
      "end": 175.7,
      "text": "地下有最先进的晶片",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 175.7,
      "end": 178.06,
      "text": "不代表账户里能自由收到外汇",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 178.06,
      "end": 181.46,
      "text": "这才是科技制裁真正致命的底层逻辑",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 181.46,
      "end": 185.08,
      "text": "这就引出了美国手里真正强大的武器",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 185.08,
      "end": 187.02,
      "text": "它根本不是航空母舰",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 187.02,
      "end": 189.52,
      "text": "而是半导体与出口管制体系",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 189.52,
      "end": 194.6,
      "text": "你可以把全球半导体产业想象成一座巨大的自来水厂",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 194.6,
      "end": 198.32,
      "text": "虽然最顶尖的过滤技术与生产管线设在台湾",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.03768132835306147,
      "no_speech_prob": 9.581524809676445e-12,
      "compression_ratio": 1.308411214953271
    },
    {
      "start": 198.32,
      "end": 201.68,
      "text": "但控制水阀电源与设备进口的总开关",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 201.68,
      "end": 203.92,
      "text": "却牢牢握在华盛顿手里",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 203.92,
      "end": 206.5,
      "text": "全球科技巨头都需要台湾晶片",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 206.5,
      "end": 210.04,
      "text": "美国就可以透过出口管制监控每一笔交易",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 210.04,
      "end": 212.44,
      "text": "只要关键制造设备不能进口",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 212.44,
      "end": 213.76,
      "text": "货船保险被取消",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 213.76,
      "end": 216.76,
      "text": "美国根本不需要把每一间台湾工厂炸掉",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 216.76,
      "end": 219.6,
      "text": "只要让它很难接触全球先进供应链",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 219.6,
      "end": 223.14,
      "text": "就能让对手的整个经济体系慢慢失血",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 223.14,
      "end": 225.56,
      "text": "既然这套技术武器这么强大",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04136481156220307,
      "no_speech_prob": 1.133917959528219e-11,
      "compression_ratio": 1.3203883495145632
    },
    {
      "start": 225.56,
      "end": 229.36,
      "text": "为什么台湾还能在这种极限施压中撑上几十年",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 229.36,
      "end": 231.9,
      "text": "因为台湾并没有乖乖待在原地挨打",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 231.9,
      "end": 235.06,
      "text": "而是开始建立一条多元化的经济护城河",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 235.06,
      "end": 237.78,
      "text": "美国在控制正规的先进供应链",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 237.78,
      "end": 240.08,
      "text": "台湾就在努力建立替代市场",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 240.08,
      "end": 241.86,
      "text": "推动晶片自主发展",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 241.86,
      "end": 246.32,
      "text": "并且加深与日本、欧洲等非美元主导交易圈的合作",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 246.32,
      "end": 248.56,
      "text": "这是一组非常鲜明的对比",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 248.56,
      "end": 253.54,
      "text": "当超级大国试图用单一的金融与技术霸权来困住对手时",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.050306543707847595,
      "no_speech_prob": 1.2703399096536394e-11,
      "compression_ratio": 1.298780487804878
    },
    {
      "start": 253.54,
      "end": 257.44,
      "text": "依赖出口的经济体只能拼命用分散风险的方式",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 257.44,
      "end": 260.44,
      "text": "在每一次制裁的缝隙中寻找活路",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 260.44,
      "end": 264.04,
      "text": "把制裁绕道的逻辑发挥到极致",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 264.04,
      "end": 266.1,
      "text": "然而面对步步紧逼的封锁",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 266.1,
      "end": 269.76,
      "text": "台湾手里真正能打出的反击底牌究竟是什么",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 269.76,
      "end": 273.3,
      "text": "很多人以为是庞大的外汇存底或美元资产",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 273.3,
      "end": 274.74,
      "text": "但答案其实是技术",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 274.74,
      "end": 275.96,
      "text": "台湾非常清楚",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 275.96,
      "end": 281.48,
      "text": "自己绝对不可能在传统金融体系或军事规模上击败超级大国",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.04817752838134766,
      "no_speech_prob": 1.1797729460027995e-11,
      "compression_ratio": 1.2735849056603774
    },
    {
      "start": 281.48,
      "end": 284.52,
      "text": "那就只能打出另一张无可取代的牌",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 284.52,
      "end": 286.76,
      "text": "半导体就是这张底牌",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 286.76,
      "end": 291.6,
      "text": "当你把全世界最关键的零组件全部集中在自己手里时",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 291.6,
      "end": 296.36,
      "text": "你其实就拥有了一种经济学上的互相保证毁灭机制",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 296.36,
      "end": 299.26,
      "text": "台湾不需要在军事上主动出击",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 299.26,
      "end": 302.48,
      "text": "它只需要利用技术筹码向世界证明",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 302.48,
      "end": 303.82,
      "text": "如果你封锁我",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 303.82,
      "end": 306.86,
      "text": "整个现代文明都必须跟着付出代价",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 306.86,
      "end": 310.54,
      "text": "当这股恐怖平衡的气氛蔓延到台海上空时",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05165905483885307,
      "no_speech_prob": 1.0087044047257798e-11,
      "compression_ratio": 1.3035143769968052
    },
    {
      "start": 310.54,
      "end": 314.16,
      "text": "这片海域就成了全世界最值钱的经济开关",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 314.16,
      "end": 316.3,
      "text": "我们来看一个数据",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 316.3,
      "end": 321.38,
      "text": "FL5年上半年每天都有海量的先进半导体相关货物经过这里",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 321.38,
      "end": 325.32,
      "text": "台湾其实不需要真的把全世界的晶片都炸光",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 325.32,
      "end": 329.98,
      "text": "它只需要让伦敦的保险公司和Gangu的科技大厂开始怀疑",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 329.98,
      "end": 332.54,
      "text": "这些晶片下个月还出得来吗",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 332.54,
      "end": 334.22,
      "text": "只要这个问号一出现",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 334.22,
      "end": 337.64,
      "text": "金融市场的恐慌定价机制就会立刻启动",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 337.64,
      "end": 339.68,
      "text": "这就是风险溢价",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.08435410505149797,
      "no_speech_prob": 1.1151042762780339e-11,
      "compression_ratio": 1.2530120481927711
    },
    {
      "start": 339.68,
      "end": 341.88,
      "text": "恐惧还没有变成现实",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 341.88,
      "end": 343.5,
      "text": "但规避恐惧的代价",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 343.5,
      "end": 346.4,
      "text": "已经变成了一笔巨大且真实的账单",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 346.4,
      "end": 349.88,
      "text": "重重砸在所有跨国企业的办公桌上",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 349.88,
      "end": 352.9,
      "text": "这时候你才真正理解一颗炮弹",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 352.9,
      "end": 354.6,
      "text": "是怎么打穿你的钱包的",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 354.6,
      "end": 356.44,
      "text": "当台海风险飙升",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 356.44,
      "end": 357.88,
      "text": "供应链瞬间中断",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 357.88,
      "end": 360.02,
      "text": "晶片供应量急选下降",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 360.02,
      "end": 362.36,
      "text": "价格立刻呈现跳水式暴涨",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 362.36,
      "end": 364.38,
      "text": "汽车制造商买不到零件",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 364.38,
      "end": 365.76,
      "text": "只能高价抢货",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 365.76,
      "end": 367.98,
      "text": "手机品牌为了维持出货",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06846015969502557,
      "no_speech_prob": 1.1751976995710844e-11,
      "compression_ratio": 1.2580645161290323
    },
    {
      "start": 367.98,
      "end": 370.1,
      "text": "只能硬吃下翻倍的运费",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 370.1,
      "end": 372.54,
      "text": "这笔多出来的庞大成本",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 372.54,
      "end": 375.64,
      "text": "你觉得这些大企业会自己默默吞下去吗",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 375.64,
      "end": 376.74,
      "text": "当然不会",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 376.74,
      "end": 379.46,
      "text": "他们会把这些成本一块钱不漏的",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 379.46,
      "end": 381.5,
      "text": "加进商品的终端售价里",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 381.5,
      "end": 384.62,
      "text": "这就是标准的成本推动型通货膨胀",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 384.62,
      "end": 386.14,
      "text": "战争的杀伤力",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 386.14,
      "end": 388.76,
      "text": "就这样透过物价精准的落在了",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 388.76,
      "end": 390.86,
      "text": "每一位普通消费者的头上",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 390.86,
      "end": 393.34,
      "text": "但这里出现了一个更残酷的问题",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 393.34,
      "end": 395.18,
      "text": "而且我猜你一定没想过",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 395.18,
      "end": 396.44,
      "text": "在这场危机中",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.07309908452241318,
      "no_speech_prob": 1.1613991018899483e-11,
      "compression_ratio": 1.320754716981132
    },
    {
      "start": 396.44,
      "end": 398.04,
      "text": "到底是谁在赚钱",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 398.04,
      "end": 400.82,
      "text": "这就来到了我们的第二个认知反转",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 400.82,
      "end": 402.9,
      "text": "战争带来的绝对不只有成本",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 402.9,
      "end": 405.18,
      "text": "它还会制造惊人的超额利润",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 405.18,
      "end": 406.1,
      "text": "晶片涨价",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 406.1,
      "end": 407.66,
      "text": "半导体企业获利",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 407.66,
      "end": 409.1,
      "text": "军事需求上升",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 409.1,
      "end": 411.42,
      "text": "国防科技公司股价狂飙",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 411.42,
      "end": 412.44,
      "text": "供应链大乱",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 412.44,
      "end": 415.58,
      "text": "航运与保险集团锁定的天价合约",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 415.58,
      "end": 418.02,
      "text": "这是一组非常讽刺的对比",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 418.02,
      "end": 421.54,
      "text": "战争可以让某些企业的报表变得无比亮眼",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 421.54,
      "end": 425.52,
      "text": "但绝对不代表整个社会的实质财富变得更多",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.05695897254390993,
      "no_speech_prob": 1.2030597004719645e-11,
      "compression_ratio": 1.3043478260869565
    },
    {
      "start": 425.52,
      "end": 427.42,
      "text": "真正值得我们追问的是",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 427.42,
      "end": 429.56,
      "text": "谁在承担痛苦的成本",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 429.56,
      "end": 431.54,
      "text": "谁又拿走了丰厚的收益",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 431.54,
      "end": 434.38,
      "text": "既然可以借由危机大发横财",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 434.38,
      "end": 435.9,
      "text": "那发起制裁的大国",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 435.9,
      "end": 437.52,
      "text": "是不是就能免费打仗",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 437.52,
      "end": 438.46,
      "text": "稳赚不赔",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 438.46,
      "end": 440.84,
      "text": "换成美国政府来算这笔账",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 440.84,
      "end": 442.42,
      "text": "表面上拥有美元",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 442.42,
      "end": 443.98,
      "text": "军事与金融霸权",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 443.98,
      "end": 445.18,
      "text": "看起来很威风",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 445.18,
      "end": 447.02,
      "text": "但现实的经济重力",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 447.02,
      "end": 448.5,
      "text": "很快就会给予痛极",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 448.5,
      "end": 451.32,
      "text": "战争照样需要消耗昂贵的弹药",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 451.32,
      "end": 453.56,
      "text": "维持海外基地与防空系统",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 453.56,
      "end": 454.66,
      "text": "更惨的是",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06095771884443748,
      "no_speech_prob": 1.1693729318196233e-11,
      "compression_ratio": 1.2724458204334366
    },
    {
      "start": 454.66,
      "end": 456.78,
      "text": "高科技产品价格飙升",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 456.78,
      "end": 459.68,
      "text": "会重新推高美国自身的通膨数字",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 459.68,
      "end": 462.1,
      "text": "严重削弱政府的政策空间",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 462.1,
      "end": 463.52,
      "text": "所以真正的问题",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 463.52,
      "end": 465.36,
      "text": "从来不是美国打不打得赢",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 465.36,
      "end": 467.22,
      "text": "而是美国选民愿不愿意",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 467.22,
      "end": 468.68,
      "text": "为这个所谓的打赢",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 468.68,
      "end": 471.4,
      "text": "支付无限上纲的物价代价",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 471.4,
      "end": 472.86,
      "text": "答案显然是不可能",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 472.86,
      "end": 475.88,
      "text": "而处于冲突风暴正中心的台湾",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 475.88,
      "end": 477.22,
      "text": "面临的则是另一种",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 477.22,
      "end": 479.06,
      "text": "极其残酷的内在分裂",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 479.06,
      "end": 480.0,
      "text": "这就是",
      "chunk": 0,
      "language": "zh",
      "avg_logprob": -0.06528151456047507,
      "no_speech_prob": 1.3047222156836735e-11,
      "compression_ratio": 1.2708333333333333
    },
    {
      "start": 495.0,
      "end": 496.42,
      "text": "2.7%的萎缩",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 496.42,
      "end": 498.1,
      "text": "出口承受重压",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 498.1,
      "end": 499.36,
      "text": "外资信心崩解",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 499.36,
      "end": 501.08,
      "text": "国内科技股受挫",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 501.08,
      "end": 502.48,
      "text": "导致失业率上升",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 502.48,
      "end": 504.4,
      "text": "消费市场瞬间结冰",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 504.4,
      "end": 506.78,
      "text": "国家或许靠着晶片护城河",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 506.78,
      "end": 508.36,
      "text": "挡住了最坏的结局",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 508.36,
      "end": 510.42,
      "text": "但市井小民却必须用",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 510.42,
      "end": 512.5,
      "text": "漫长的失业与资产缩水",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 512.5,
      "end": 514.64,
      "text": "来承担这份沉重的代价",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 514.64,
      "end": 517.44,
      "text": "这彻底揭开了战争经济学",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 517.44,
      "end": 518.48,
      "text": "最大的幻觉",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 518.48,
      "end": 520.74,
      "text": "我们总以为大国之间的冲突",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 520.74,
      "end": 523.4,
      "text": "是双方各自拿着国库里的钞票",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 523.4,
      "end": 524.48,
      "text": "往火炉里丢",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05928733213892523,
      "no_speech_prob": 5.181107626262005e-11,
      "compression_ratio": 1.248427672955975
    },
    {
      "start": 524.48,
      "end": 526.74,
      "text": "看谁的现金流先断掉",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 526.74,
      "end": 527.82,
      "text": "但实际上",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 527.82,
      "end": 531.88,
      "text": "现代经济战更像是在一个挤满人的房间里",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 531.88,
      "end": 534.8,
      "text": "互相传递一块烧得通红的煤炭",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 534.8,
      "end": 538.14,
      "text": "美国利用美元把金融成本推给台湾",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 538.14,
      "end": 541.5,
      "text": "台湾利用半导体把锻炼风险推向全世界",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 541.5,
      "end": 543.82,
      "text": "航运商把风险转成运费",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 543.82,
      "end": 546.32,
      "text": "企业在把成本转嫁给消费者",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 546.32,
      "end": 548.4,
      "text": "这就是全片最重要的一句话",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 548.4,
      "end": 552.32,
      "text": "战争经济学的核心从来不只是谁摧毁谁",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06732141706678603,
      "no_speech_prob": 9.318444453565444e-12,
      "compression_ratio": 1.2959183673469388
    },
    {
      "start": 552.32,
      "end": 555.82,
      "text": "而是谁能把战争的成本完美的甩给别人",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 555.82,
      "end": 557.18,
      "text": "你仔细想想",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 557.18,
      "end": 560.36,
      "text": "这块滚烫的煤炭最先烫伤的会是谁",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 560.36,
      "end": 561.46,
      "text": "答案很意外",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 561.46,
      "end": 563.28,
      "text": "既不是北美也不是欧洲",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 563.28,
      "end": 565.6,
      "text": "而是整个亚洲制造业聚落",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 565.6,
      "end": 568.1,
      "text": "因为全世界大部分的先进半导体",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 568.1,
      "end": 570.44,
      "text": "最后都要流入中国大陆印度",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 570.44,
      "end": 572.56,
      "text": "日本与韩国的终端市场",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 572.56,
      "end": 574.12,
      "text": "当技术价格上升",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 574.12,
      "end": 575.48,
      "text": "工厂成本增加",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 575.48,
      "end": 579.4,
      "text": "这些唯利代工厂面临的是断崖式的利润萎缩",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.06088116928771302,
      "no_speech_prob": 1.18247104816116e-11,
      "compression_ratio": 1.3056478405315615
    },
    {
      "start": 579.4,
      "end": 582.84,
      "text": "最后只能逼迫消费者承受更高物价",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 582.84,
      "end": 585.84,
      "text": "这场战争最讽刺的地方就在这里",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 585.84,
      "end": 587.76,
      "text": "两个主角在海峡对峙",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 587.76,
      "end": 590.4,
      "text": "战场明明离亚洲许多国家很远",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 590.4,
      "end": 591.94,
      "text": "但因为供应链的联动",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 591.94,
      "end": 596.9,
      "text": "那张沉重的经济账单却离全亚洲的寿星阶级无比接近",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 596.9,
      "end": 601.42,
      "text": "所以这根本不是一张只有两个大国坐在两边对赌的双人牌桌",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 601.42,
      "end": 604.2,
      "text": "而是一整个极度复杂的巨型利益网",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 604.2,
      "end": 608.18,
      "text": "美国想守住的是亚太盟友体系与金融制裁能力",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.0448836521129703,
      "no_speech_prob": 1.065186827631237e-11,
      "compression_ratio": 1.2895522388059701
    },
    {
      "start": 608.18,
      "end": 612.76,
      "text": "台湾想捍卫的是政权生存与半导体的技术自主筹码",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.057760536355316326,
      "no_speech_prob": 9.816721220634594e-12,
      "compression_ratio": 1.3302752293577982
    },
    {
      "start": 612.76,
      "end": 617.3,
      "text": "中国大陆渴望的是突破供应链封锁与区域影响力",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.057760536355316326,
      "no_speech_prob": 9.816721220634594e-12,
      "compression_ratio": 1.3302752293577982
    },
    {
      "start": 617.3,
      "end": 619.54,
      "text": "而全球跨国企业在乎的",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.057760536355316326,
      "no_speech_prob": 9.816721220634594e-12,
      "compression_ratio": 1.3302752293577982
    },
    {
      "start": 619.54,
      "end": 623.9,
      "text": "只有如何在这场混乱中保住自己最后那一点点利润率",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.057760536355316326,
      "no_speech_prob": 9.816721220634594e-12,
      "compression_ratio": 1.3302752293577982
    },
    {
      "start": 623.9,
      "end": 627.3,
      "text": "在这个巨型排局里没有人愿意主动退让",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.057760536355316326,
      "no_speech_prob": 9.816721220634594e-12,
      "compression_ratio": 1.3302752293577982
    },
    {
      "start": 627.3,
      "end": 629.76,
      "text": "也没有人能够完全控制局面",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.057760536355316326,
      "no_speech_prob": 9.816721220634594e-12,
      "compression_ratio": 1.3302752293577982
    },
    {
      "start": 629.76,
      "end": 634.96,
      "text": "每一个玩家都在试图把自己的风险转嫁给下一个还没离场的人",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.057760536355316326,
      "no_speech_prob": 9.816721220634594e-12,
      "compression_ratio": 1.3302752293577982
    },
    {
      "start": 634.96,
      "end": 638.06,
      "text": "如果这种极端紧绷的对峙状态",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.057760536355316326,
      "no_speech_prob": 9.816721220634594e-12,
      "compression_ratio": 1.3302752293577982
    },
    {
      "start": 638.06,
      "end": 640.0,
      "text": "不是只维持短短几周",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 640.0,
      "end": 641.78,
      "text": "而是僵持整整一年",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 641.78,
      "end": 643.96,
      "text": "全球经济会迎来什么结局",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 643.96,
      "end": 646.34,
      "text": "世界银行的极端压力情境",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 646.34,
      "end": 648.64,
      "text": "给出了一个令人窒息的预测",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 648.64,
      "end": 650.5,
      "text": "全球经济成长率",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 650.5,
      "end": 653.54,
      "text": "可能会暴跌至1.3%",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 653.54,
      "end": 654.28,
      "text": "这意味着",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 654.28,
      "end": 656.56,
      "text": "基数价格将长期维持在高点",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 656.56,
      "end": 658.78,
      "text": "各国央行在抑制通膨",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 658.78,
      "end": 661.5,
      "text": "与防止衰退之间陷入彻底两难",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 661.5,
      "end": 664.36,
      "text": "只要这条掌握全球命脉的航道",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 664.36,
      "end": 665.82,
      "text": "一天不恢复正常",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 665.82,
      "end": 667.98,
      "text": "企业就会持续停止投资",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07503870659068151,
      "no_speech_prob": 1.1881020473003545e-11,
      "compression_ratio": 1.2539184952978057
    },
    {
      "start": 667.98,
      "end": 671.0,
      "text": "一般民众的实质收入就会不断缩水",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 671.0,
      "end": 673.42,
      "text": "整个世界经济都会被迫陷入一场",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 673.42,
      "end": 675.24,
      "text": "看不到镜头的慢性休克",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 675.24,
      "end": 679.0,
      "text": "我们必须重新定义这场冲突到底在打什么",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 679.0,
      "end": 681.0,
      "text": "如果你还以为这只是一场",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 681.0,
      "end": 684.2,
      "text": "因为几颗飞弹引发的晶片涨价危机",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 684.2,
      "end": 686.68,
      "text": "那你的认知真的太浅了",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 686.68,
      "end": 688.76,
      "text": "这迎来了最后的认知反转",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 688.76,
      "end": 692.02,
      "text": "台海战争表面上打的是飞弹与领空",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 692.02,
      "end": 696.06,
      "text": "底层打的却是一整套现代经济系统的运作逻辑",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.050367448640906295,
      "no_speech_prob": 1.2011878471052118e-11,
      "compression_ratio": 1.3154574132492114
    },
    {
      "start": 696.06,
      "end": 699.22,
      "text": "美国依靠美元金融与制裁建立压力",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 699.22,
      "end": 702.32,
      "text": "希望把对手困在全球技术体系之外",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 702.32,
      "end": 705.64,
      "text": "而台湾则依靠半导体与地理位置反击",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 705.64,
      "end": 707.44,
      "text": "试图向全世界证明",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 707.44,
      "end": 709.56,
      "text": "你可以封锁我的美元账户",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 709.56,
      "end": 711.84,
      "text": "但你绝对无法忽略我的晶片",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 711.84,
      "end": 714.1,
      "text": "这才是整场博弈最核心",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 714.1,
      "end": 715.34,
      "text": "也最无解的矛盾",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 715.34,
      "end": 717.54,
      "text": "现在让我们再回头看看",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 717.54,
      "end": 719.52,
      "text": "第一天那枚发射的飞弹",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 719.52,
      "end": 721.72,
      "text": "它在物理世界中炸毁的",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 721.72,
      "end": 723.64,
      "text": "或许只是一座军事设施",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 723.64,
      "end": 725.8,
      "text": "但它引发的第二次爆炸",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.05194519996643066,
      "no_speech_prob": 1.0846316032819825e-11,
      "compression_ratio": 1.3211009174311927
    },
    {
      "start": 725.8,
      "end": 728.4,
      "text": "却以光速震税了全球晶片市场",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 728.4,
      "end": 729.52,
      "text": "第三次爆炸",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 729.52,
      "end": 731.02,
      "text": "摧毁了跨国供应链",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 731.02,
      "end": 731.94,
      "text": "第四次爆炸",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 731.94,
      "end": 734.18,
      "text": "直接引爆了通膨数据",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 734.18,
      "end": 735.26,
      "text": "第五次爆炸",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 735.26,
      "end": 737.68,
      "text": "迫使央行大幅调升利率",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 737.68,
      "end": 739.72,
      "text": "当最后一次爆炸发生时",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 739.72,
      "end": 742.44,
      "text": "它已经精准无误的降临在你的手机",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 742.44,
      "end": 743.22,
      "text": "你的汽车",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 743.22,
      "end": 744.02,
      "text": "你的房贷",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 744.02,
      "end": 745.9,
      "text": "以及你的实质购买力上",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 745.9,
      "end": 749.2,
      "text": "这根本不是战争造成损失的故事",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 749.2,
      "end": 750.94,
      "text": "而是经济利益本身",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 750.94,
      "end": 753.74,
      "text": "如何一步步把危机推向今天的故事",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.07762929226489777,
      "no_speech_prob": 1.1075119987769e-11,
      "compression_ratio": 1.354515050167224
    },
    {
      "start": 753.74,
      "end": 756.96,
      "text": "所以台海战争真正值得我们去研究的",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 756.96,
      "end": 759.04,
      "text": "从来都不是谁的飞弹比较多",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 759.04,
      "end": 761.24,
      "text": "而是谁掌握了半导体",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 761.24,
      "end": 763.22,
      "text": "谁控制了出口管制",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 763.22,
      "end": 766.4,
      "text": "谁又能把庞大的成本转嫁给全世界",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 766.4,
      "end": 770.68,
      "text": "你可以把它想象成一场覆盖全球的强迫性募资专案",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 770.68,
      "end": 774.12,
      "text": "每个人的账户都在不知不觉中被自动扣款",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 774.12,
      "end": 776.32,
      "text": "如果你今天手里有一笔资金",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 776.32,
      "end": 779.32,
      "text": "面对这种随时可能爆发的系统性风险",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 779.32,
      "end": 781.62,
      "text": "你会选择保守的留下现金",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.03941175762542897,
      "no_speech_prob": 1.3413927087146948e-11,
      "compression_ratio": 1.2791411042944785
    },
    {
      "start": 781.62,
      "end": 786.1,
      "text": "还是大胆压住那些掌握核心定价权的半导体资产",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.052858138303144266,
      "no_speech_prob": 1.1337785744969242e-11,
      "compression_ratio": 1.1470588235294117
    },
    {
      "start": 786.1,
      "end": 788.96,
      "text": "欢迎在留言区告诉我你的真实判断",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.052858138303144266,
      "no_speech_prob": 1.1337785744969242e-11,
      "compression_ratio": 1.1470588235294117
    },
    {
      "start": 788.96,
      "end": 792.22,
      "text": "记住现代战争最贵的从来不是炸弹",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.052858138303144266,
      "no_speech_prob": 1.1337785744969242e-11,
      "compression_ratio": 1.1470588235294117
    },
    {
      "start": 792.22,
      "end": 794.34,
      "text": "而是战争重新分配技术",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.052858138303144266,
      "no_speech_prob": 1.1337785744969242e-11,
      "compression_ratio": 1.1470588235294117
    },
    {
      "start": 794.34,
      "end": 798.02,
      "text": "资本与财富时整个世界必须付出的代价",
      "chunk": 1,
      "language": "zh",
      "avg_logprob": -0.052858138303144266,
      "no_speech_prob": 1.1337785744969242e-11,
      "compression_ratio": 1.1470588235294117
    }
  ],
  "segmented_transcription": {
    "status": "SEGMENTED_TRANSCRIPT_OK",
    "created_at": "2026-08-28T13:01:08",
    "manifest": "/Users/sagawa/AI_WORK/video_notes/url/20260828_130035__台海危機背後的經濟學_台海若遭封鎖誰最賺_99_的人都看錯的台海危機_飛彈還沒落地物價先崩_拆解_半導體矽盾_背後的真實經濟底牌_台灣經濟_台積電_地緣政治_台/segmented_work/chunk_manifest.json",
    "audio": "/Users/sagawa/AI_WORK/video_notes/url/20260828_130035__台海危機背後的經濟學_台海若遭封鎖誰最賺_99_的人都看錯的台海危機_飛彈還沒落地物價先崩_拆解_半導體矽盾_背後的真實經濟底牌_台灣經濟_台積電_地緣政治_台/audio_16k_mono.wav",
    "audio_sha256": "061659da561951adc3bca584cf4f3ed549b9ab37a55b7ff8196332056a958424",
    "audio_duration": 798.487813,
    "model": "/Users/sagawa/AI_WORK/cache/huggingface/hub/models--mlx-community--whisper-large-v3-turbo/snapshots/a4aaeec0636e6fef84abdcbe3544cb2bf7e9f6fb",
    "language_hint": "zh",
    "condition_on_previous_text": false,
    "chunk_count": 2,
    "resumed_chunks": 0,
    "merged_segment_count": 308,
    "cleaned_segment_count": 308,
    "removed_hallucination_segment_count": 0,
    "final_segment_end": 798.02,
    "global_repeat_run": 1,
    "global_repeat_text": "各位,上期有朋友留言想讓我講台海話題。",
    "tail_repeat_run": 1,
    "tail_repeat_text": "却以光速震税了全球晶片市场",
    "hallucination_region_count": 0,
    "hallucination_regions": [],
    "qc_ok": true,
    "qc_errors": []
  }
}