public class Global {
    public static final Item ITEM;
    public static final int CONST_1 = 0xdeadbeef;

    static {
        System.out.println("Global {static} -> Before Item Initialization");
        ITEM = new Item();
        System.out.println("Global {static} -> After Item Initialization");
    }
}

public class Item {
    public static final Item INSTANCE = Global.ITEM;
    public static final int CONST_2 = 0xdeadbeef;

    public Item() {
        System.out.print("Item() -> INSTANCE = " + INSTANCE);
        System.out.print(", CONST_1 = " + Integer.toHexString(Global.CONST_1));
        System.out.println(", CONST_2 = " + Integer.toHexString(CONST_2));
    }
}

Global {static} -> Before
Item() -> INSTANCE = null, CONST_1 = deadbeef, CONST_2 = beefdead
Global {static} -> After