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BABA
Oct 24, 2022 14:32:41 GMT
via mobile
Post by Deleted on Oct 24, 2022 14:32:41 GMT
What happened today?
I do not invest in Chinese stocks as I did not want to take increasingly communism orientation of chinese govt risk.
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BABA
Oct 24, 2022 17:46:31 GMT
Post by johnsmith on Oct 24, 2022 17:46:31 GMT
What happened today? I do not invest in Chinese stocks as I did not want to take increasingly communism orientation of chinese govt risk. Xi consolidated power, so the market took that to mean - continued zero covid (which hurts economy short term, and saves lives, less long covid) - monopolies will be cracked down on (especially tech monopolies) - debt leverage will be looked down upon (real estate / property / builders) - will not back down from Taiwan policy in face of US belligerence. - will continue to support Russia and a multi-polar world - US will continue tech attack (semis, networking etc), so Chinese exports of high tech face head winds.
Americans face a political risk (from the US government), that their investments overseas will become stranded any time a foreign country doesn't toe the American political line.
France has a fairly independent foreign policy (remember French fry -> freedom fries, and France/Chirac were right!), how long before France becomes uninvestable for Americans? India is in the same category (independent foreign policy). Brasil under Lula?
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BABA
Oct 24, 2022 20:23:33 GMT
Post by bb2 on Oct 24, 2022 20:23:33 GMT
We need to pack up TSMC and move it here ASAP.
EDIT: And stop jerking around and come together for a fight.
EDIT2: Maybe we were just reminded that they kidnapped Jack Ma. You want to own Chinese stocks when they raid Taiwan? That's when, not if. I read something not too long ago but don't remember who wrote it, that he thought an invasion wouldn't occur till after 2030.
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Post by steadyeddy on Nov 1, 2022 0:36:57 GMT
If we had a different governing body in the USA.... things could be different.
I am not saying much since "less is more."
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