Kyle Bass: We Are Seeing Major US–China Financial Decoupling


Comments
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CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps.
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Our only saving grace is that they are STILL just as dependent on us? as we are them?PurpleThrobber said:CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps.
This and China is much more of a shit show than we? are in actually coordinating wealth for their greater good as a country.
They still have about a quarter of the natural resources that we have. Even with mass importing of them. -
We are letting China take whatever they want from whomever they want to take it from.
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i find it hard to believe that the country that produces everything in the world cares what dumbfuck american bureaucrats leeching off a kafkaesque financial system thinkPurpleThrobber said:CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps. -
Good, the sooner we cut off capital investment the sooner that house of cards comes down.
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Well I hope you aren't long Chinese Real Estate:SarkFanSixtyNine said:
i find it hard to believe that the country that produces everything in the world cares what dumbfuck american bureaucrats leeching off a kafkaesque financial system thinkPurpleThrobber said:CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps.
https://ibtimes.com/chinas-evergrande-default-risk-worries-investors-adding-growing-risks-3286029
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How much American investment is tied up with these skittish Chinese companies?UW_Doog_Bot said:Good, the sooner we cut off capital investment the sooner that house of cards comes down.
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Unless you’re CAL-Pers or Washington State pension plan, both of which decided to go long Chinese buildings to capture excess returns, you’re probably okHFNY said:
Well I hope you aren't long Chinese Real Estate:SarkFanSixtyNine said:
i find it hard to believe that the country that produces everything in the world cares what dumbfuck american bureaucrats leeching off a kafkaesque financial system thinkPurpleThrobber said:CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps.
https://ibtimes.com/chinas-evergrande-default-risk-worries-investors-adding-growing-risks-3286029 -
I was being somewhat facetious in that China isn't just one big factory but has issues with their financial system as well.doogie said:
Unless you’re CAL-Pers or Washington State pension plan, both of which decided to go long Chinese buildings to capture excess returns, you’re probably okHFNY said:
Well I hope you aren't long Chinese Real Estate:SarkFanSixtyNine said:
i find it hard to believe that the country that produces everything in the world cares what dumbfuck american bureaucrats leeching off a kafkaesque financial system thinkPurpleThrobber said:CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps.
https://ibtimes.com/chinas-evergrande-default-risk-worries-investors-adding-growing-risks-3286029
The problem with these government union pension plans is that if they suffer big losses, the unions then put pressure on the politicians to raise taxes on everyone else to plug the holes. -
Do you know what diversification means?doogie said:
Unless you’re CAL-Pers or Washington State pension plan, both of which decided to go long Chinese buildings to capture excess returns, you’re probably okHFNY said:
Well I hope you aren't long Chinese Real Estate:SarkFanSixtyNine said:
i find it hard to believe that the country that produces everything in the world cares what dumbfuck american bureaucrats leeching off a kafkaesque financial system thinkPurpleThrobber said:CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps.
https://ibtimes.com/chinas-evergrande-default-risk-worries-investors-adding-growing-risks-3286029 -
Lol.ntxduck said:
Do you know what diversification means?doogie said:
Unless you’re CAL-Pers or Washington State pension plan, both of which decided to go long Chinese buildings to capture excess returns, you’re probably okHFNY said:
Well I hope you aren't long Chinese Real Estate:SarkFanSixtyNine said:
i find it hard to believe that the country that produces everything in the world cares what dumbfuck american bureaucrats leeching off a kafkaesque financial system thinkPurpleThrobber said:CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps.
https://ibtimes.com/chinas-evergrande-default-risk-worries-investors-adding-growing-risks-3286029
It means don’t stuff other people’s money down a fucking Known rat hole and expect to get any back.
If we only had an FBI to investigate the personal finances of the government employees who made such careless, corrupt decisions with State pension money. -
What % of their pension fund is “long chinese buildings”? .03%? .04? Every pension fund in the world is dipped into China in some way or another.doogie said:
Lol.ntxduck said:
Do you know what diversification means?doogie said:
Unless you’re CAL-Pers or Washington State pension plan, both of which decided to go long Chinese buildings to capture excess returns, you’re probably okHFNY said:
Well I hope you aren't long Chinese Real Estate:SarkFanSixtyNine said:
i find it hard to believe that the country that produces everything in the world cares what dumbfuck american bureaucrats leeching off a kafkaesque financial system thinkPurpleThrobber said:CCP doesn't want independent auditors to see what a house of cards Chinese companies are and who the money trail flows to.
Or who it circles back to in the US, perhaps.
https://ibtimes.com/chinas-evergrande-default-risk-worries-investors-adding-growing-risks-3286029
It means don’t stuff other people’s money down a fucking Known rat hole and expect to get any back.
If we only had an FBI to investigate the personal finances of the government employees who made such careless, corrupt decisions with State pension money. -
Lol.