Tuesday, July 21, 2020

Jack Ma's Big IPO

Here is an interesting conclusion which can be drawn from the circumstances of Jack Ma's Ant IPO:

Considering everything from the U.S.’s threat to delist Chinese companies, to moves to strip Hong Kong of its special status, it’s more than clear that China is starting its process of de-dollarization and furthering the internationalization of its own currency.

You can read the rest @
https://www.zerohedge.com/markets/jack-mas-ant-ipo-signals-start-de-dollarization

So while we're screwing around, arguing about history and privilege, the Chinese are ACTING, and they're doing so in ways which will lead to the decimation of our economy.

I hope you're happy now, because truly sad days lie ahead.

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