Duh... what happened last year to Chinese stocks? This year they ve bounced from a severe spanking in 2018
The perpetual America bull without really understanding what he is talking about. For example, most shifts in supply chains from China to Vietnam are in name only. The real beneficial owners are the same Chinese they were before. And your statement "It is an essential truth that if you run a $600 B annual trade surplus with one nation - at the end of it all there can be only one winner and it isn't the nation with the surplus" is total bullshit. Just because you say so? There is zero factual backup and not even a reasonable logical line of argumentation to start with to support such a dumb statement. But please go on. You are one of those amusing Americans who will probably still wave the stars and stripes when he gets raped in the arse by a redneck.
The Chinese plunder the environment, the polution in their own back yard is astronomical. Imo their wealth will be short lived. They live for today, Western countries live for tomorrow. One day will see them like South America and South Africa, streaming out of the shithole. Hong Kong looks like it may be having this type of beginning. My 2c opinion.
I suppose this is elite trader, not elite socialist, it is not even me who is jerking off index levels in the first place. And gtfo of with your insults and presumption, I am not even an American.
Shithole is a little too strong... Their economy will definitely take a back seat and poverty will be extreme. china will improve once the communists are ousted, but until then it's a one way downtrend with a masssssssive financial collapse that will rock the world Lehman x3, no shit I truly believe china has around 70-75 % of the world's debt. china's total debt eclipses US total debt, and the Yankees are knee deep in debt But yes your right, chinese in general are addicted to gambling and shining, live for the day worry about debt tomorrow... Even Canadians of chinese heritage seem that way, it's pretty universal. Hong Kong is gonna be deflation central, they will study it in Uni econ... People aren't quite aware of how deep it's going to get, haha
I never made the assumption you are. Yet you made idiotic assumptions and I called you out on them. Like that a website called ET must only provide content that gently massages your snowflake dick, which gets inflicted with all sorts of sores when it hears of anything other than unchecked capitalist arguments.