Makes sense. Economic tit for tat. Crypto is a cable for moving money out of China and Russia and back into assets in the west mainly real estate hence the huge disparity between income and housing prices post Tether
What concerns me is China can absolutely trigger a market meltdown in equities as well especially pull the rug out from entire companies with a flip of a button ex) SVB
The timing of Xi Jinping's stroke 11 days before the 4th Plenum where a new leader is supposed to be announced, massive build up of military assets around Taiwan recently is not a coincidence
My money says China is getting ready to take Taiwan but not in the way many in the West envision in their WW2 fantasy.
I sold all my stocks. We are going to see assets across the whole sector correct even gold.
Also we might be seeing the start of the end of CCP.
What concerns me is China can absolutely trigger a market meltdown in equities as well especially pull the rug out from entire companies with a flip of a button ex) SVB
The timing of Xi Jinping's stroke 11 days before the 4th Plenum where a new leader is supposed to be announced, massive build up of military assets around Taiwan recently is not a coincidence
My money says China is getting ready to take Taiwan but not in the way many in the West envision in their WW2 fantasy.
I sold all my stocks. We are going to see assets across the whole sector correct even gold.
Also we might be seeing the start of the end of CCP.