Posted by DigiNomad on 2nd of May 2024 at 12:25 pm
I'm treating CCP stocks like heroine - it might be fun, but it's
not worth it in the long run. I learned my lesson. Abundance
mindset - there are plenty of opportunities every day without
chasing communist country stocks.
Posted by DigiNomad on 9th of Apr 2024 at 03:23 pm
China's Xi hinted recently at massive QE. That will
absolutely screw the poor over there but I think he's sick of not
being part of the global party where useful idiots cheer on
their own demise as asset prices rise and they think they are
getting wealthy...which only a very small few really are. I don't
blame him for being tempted. Until then, China stocks having
trouble breaking out.
They've already had quite the bit of currency debasement. My mom
grew up in Maoist China, and she remembers a plate a dumplings
being something like 17 cents, quite a splurge as a sack of rice
was 10 cents. Probably something like 50-100x more
nowadays
Posted by DigiNomad on 9th of Apr 2024 at 03:32 pm
Yeah, their overall debt situation maybe the worst on the
globe...and they're considering QE
Bad news if rice registers on your
monthly budget (tiny rounding error for the wealthy)
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KWEB China Internet ETF. Still
Posted by foody518 on 9th of Apr 2024 at 01:46 pm
KWEB China Internet ETF. Still looking ok
KWEB weekly
Posted by foody518 on 24th of Apr 2024 at 10:47 am
KWEB weekly
KWEB weekly, moving up, 7%
Posted by foody518 on 2nd of May 2024 at 12:19 pm
KWEB weekly, moving up, 7% today
very nice!
Posted by morton7 on 2nd of May 2024 at 01:53 pm
very nice!
Any news to account for
Posted by jimsim on 2nd of May 2024 at 01:20 pm
Any news to account for the big increases today in KWEB and other Chinese ETF/stocks?
I'm treating CCP stocks like
Posted by DigiNomad on 2nd of May 2024 at 12:25 pm
I'm treating CCP stocks like heroine - it might be fun, but it's not worth it in the long run. I learned my lesson. Abundance mindset - there are plenty of opportunities every day without chasing communist country stocks.
China's Xi hinted recently at
Posted by DigiNomad on 9th of Apr 2024 at 03:23 pm
China's Xi hinted recently at massive QE. That will absolutely screw the poor over there but I think he's sick of not being part of the global party where useful idiots cheer on their own demise as asset prices rise and they think they are getting wealthy...which only a very small few really are. I don't blame him for being tempted. Until then, China stocks having trouble breaking out.
https://x.com/BobEUnlimited/status/1777777248923508773
x.com
They've already had quite the
Posted by foody518 on 9th of Apr 2024 at 03:30 pm
They've already had quite the bit of currency debasement. My mom grew up in Maoist China, and she remembers a plate a dumplings being something like 17 cents, quite a splurge as a sack of rice was 10 cents. Probably something like 50-100x more nowadays
Yeah, their overall debt situation
Posted by DigiNomad on 9th of Apr 2024 at 03:32 pm
Yeah, their overall debt situation maybe the worst on the globe...and they're considering QE Bad news if rice registers on your monthly budget (tiny rounding error for the wealthy)