People speak about hyperinflation like all will inflate, they forget there s always a winner for each loser. Would prefer holding euros instead of dollars, the ones not fully capturing hyperinflation will advise to hold coins. Whatever, in any case, either dollars or euros will benefit ultimately and I am placing my bet on the euro for now
i think in 2008 the banks maybe had the lets just do nothing n see what happens stategy ? or all their money was tied up in this mortgages shit and they didnt have spare cash unlike now with all the printed covid money
Yea that's it, it shows the debt ceiling, banks no longer willing to further inject cash in the economy. This is how I read reverse repo skyrocketing
it will take one or two months now for the bottem to fall out and the whole house of shitty concrete brick skyscraper cards to tumble, 300 billion in "assets" but cant get a few hundred mill together in half a year ... , thats like me not able to pay a 1 eur for a cheeseburger ( i guess it costs 2 these days roflo ), china housing market goes, foreign investors get freaked out and then the dominosstart falling in all these major bubbles
more proof housing market, crypto and china are dominos rdy to collapse in on each other , this explains why bitcoin is so wanted in china, to avoid its government
Tokyo tax authorities uncovered a China-based scheme that invested about 27 billion yen ($237 million) in Japanese real estate using cryptocurrency to avoid the watchful eye of the Chinese government. I bet u there is a billion of this scheme in each big country and when one of them goes, they will ALL GOOOOO pooooof
So @Hubu, what should all humpers invest in right now to get rich and retire?
I have none to give, and even if I did, you shouldn't listen to them.
AmpegV4 wrote:
Note: i followed @mcharts oil advice a couple of years back and lost 20k
What the hell did you do? back in like 16, WTI went sky-high for a short while, and turbos got me a bit of dosh then. Nothing incredible, since betting oil is, well, betting.
It's like 1, 2 level removed from a casino, since it's more factual, but it's still so volatile.
Note: i followed @mcharts oil advice a couple of years back and lost 20k
I was lucky and broke even (CRK actually made good money lately with the high gas prices )
But 'gambled' with some other oil stocks a few years later and got burned.
As for the crypto, I got in a few weeks ago, and am focusing on IDOs for now. While there are bs projects getting launched every day, there are also that actually create something outside the circlejerk of the crypto world (even if it's just games).
My brother is a photographer, so also trying to NFT & sell his pictures
There must have been a door there in the wall, when I came in.
Truly gone fishing.
Evergrande on a crash-course.
Square? Today's losses. Ellipse? The price of a share, 2 1/2 months ago (4.36HK$ vs 1.6HK$ now).
Quote:
Evergrande Block Trades Show Holder Sells at Discount (11:30 a.m. HK)
A flurry of large trades in China Evergrande Group Thursday suggested a large institutional holder agreed to a 20% discount to offload the stock.
Seven block trades -- totaling 300 million shares -- crossed before the open of regular cash trading in Hong Kong. The orders were all priced at HK$2.23 apiece, indicating they were part of the same block agreement. That compares with Wednesday’s closing price of HK$2.78.
THEN
Quote:
Analysts See Value in Asia Junk Bonds From China Support (2 p.m. HK)
A growing chorus of analysts is betting on a reversal in fortunes for Asian junk dollar bonds next year amid signs that Chinese authorities may relax restrictions on the property sector.
[...]
Asian junk is the firm’s top global credit pick for 2022 amid expectations of additional easing measures in China’s property sector, though not a complete policy U-turn.
all the firms are shouting off the rooftops the snp 500 stock is solid shit and everyone should buy, while they get rid of their positions, this shit is gonna hit global any day now
the crash has already happened, its just so much volume going on and people being suckered in with buy the dip bullshit while they dumping their positions that it looks like busines as usual when in fact everyone in the know is dumping
just dont listen to this guy about tesla n elon, he would suck elons cock if he had the chance, elon musk spaceX is close to bankruptcy too , a billionaire asking employees to work for free over the holiday, a billionaire who cant afford 20 million usd ....
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