@dozu888, I don't understand you. Why get so upset, yelling at everyone, calling everyone a moron when they do not agree? It doesn't matters. I am closer to agreeing with you than most people here, adding positions the last two weeks. I will let the market speaks for me, or kill me.
Problem is, the only way we stave off rampant/crippling inflation is to print less than other countries. Making our currency the least shit. The Chinese, S. Koreans, and to a lesser degree some of the Europeans & even Canadians appear to have nipped this early on. This means their currency won't need to be devalued/printed as much. How shitty is my theory?
idk about how far ahead of the Us Europe is, last I heard it was around 11 days BUT if Europes Economy picks up before the US does, they will still need US Dollars to buy anything that is sold in USD. I think the timing will be very tricky, most countries anticipated the USD surge and loaded up on USD when the crisis emerged Note that it is widely expected that the US Economy will pick up sooner because Europes Economy is more Manufacturing heavy than the US
China has reopened for business (restaurants, shopping, entertainment, etc) but there’s no one going out. Some are still fearful of the virus while others are unemployed or hoarding savings expecting to be unemployed https://www.bloomberg.com/news/articles/2020-03-30/as-rest-of-world-locks-down-china-struggles-to-get-shoppers-out? cmpid=BBD033120_OUS&utm_medium=email&utm_source=newsletter&utm_term=200331&utm_campaign=openamericas&sref=Vlf02owm Also there is this news- CHINA REVERSES COURSE AND ONCE AGAIN SHUTS DOWN THEATERS OVER VIRUS FEARS https://finance.yahoo.com/news/chin...heaters-over-coronavirus-fears-002535004.html —————— Keep buying the market on this dead cat bounce. Good luck with that. The bear is hungry.
There's heaps dead, just the communists are not letting on, once they start a lie they need to continue with it.
Lying is a pillar of communism. Everyone must lie to everybody to keep that POS socioeconomic order afloat.
If on social media in China you wish to express an opinion on the communist's incompetence or the real truth about conditions in society, you will be punished. The only reason it stumbles on is due to repression and keeping people in fear. And then their leaders paint the West as the aggressor and the devil, to their people. What a life style!