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