Jesus, #china 's #ccp are in some serious trouble: https://www.zerohedge.com/markets/ugly-c.. Even the #falsified #projections look bad, things internally must be dire. Every one of the expectations was below target, and they were really dissapointing anyway. I keep reminding #investors to not #destroy their good #money there.
A lot of #companies are about to lose #billions in the #ftx #crypto #exchange , with very large #investors such as #blackrock and #softbank amongst them: https://www.zerohedge.com/markets/here-a.. These same people have the #audacity to tell us how to #invest our #money , and tell us how to run our #society . Any person with a slightly fucntioning #brain could see #crypto #markets are a #scam . *IDIOTS.* Who will #pay ? It will be the #poor who cover their loss.
Interesting #advice for #investors - never use a #rounded #number when creating an #offer https://hbswk.hbs.edu/item/when-negotiat.. Could be useful.
The #imf - one of the largest #money #lenders and #investors "accidentally" #printed too much #money https://www.zerohedge.com/economics/oops.. There doesn't seem to be any mention so far about the scale of the "error", but one can imagine that the current #inflation may hint at about 7-15% #error . A #recession is almost #guaranteed at this point.
@barray on Thu Feb 03 09:08:45 UTC 2022 said: &eSome good #news for the #wormhole guys, the #hackers did not return the #funds , but instead some #private #investors put up the 120k #eth as they believe in the #project https://finbold.com/wormhole-confirms-al.. Great for #users of the #platform - and lucky the #accounts were not #wiped entirely!So #weth #wormhole just got #hacked for approximately one third of their #liquidity https://blockworks.co/in-second-largest-.. Apparently it was achieved by waiting for a #security #commit and then quickly #exploiting it before the #servers were #updated https://twitter.com/kelvinfichter/status.. https://twitter.com/samczsun/status/1489.. *Stop #investing into random #crypto #coins - a single #bug is your end!*
Early days still, but #china 's largest #property #developer may be about to #crash called #countrygarden https://www.zerohedge.com/markets/chinas.. This has so far been used by the #ccp to tell #investors that there is no #bubble - but if their last largest developer fails - they can't lie any more... It'll wipe 1/3 off their #economy ...
Just found out why #nz 's #immigration #inz process is so slow: https://www.theguardian.com/world/2021/d.. Apparently #quarantine spots are getting #prioritized to #rich #investors rather than #citizens of the #country - this is #borderline #illegal depending on how you #interpret the #genevaconvention !
I think the problem #china is really going to have is that each of these " #prevention " measures to #stabilize their #economy causes #coldfeet #response from #foreign #investors - they have now seen that the #ccp will happily throw them under the bus: https://www.zerohedge.com/markets/are-in.. I'm also not buying that they actually did stabilize, but we'll see how the #stockmarkets react...
Interesting, #china 's #evergrande made some kind of effort to #repay their #foreign #debt - specifically #us based #investors https://www.zerohedge.com/markets/evergr..
Wow, the #theranos #saga continues to be insane. Apparently they ran #fake #tests for #investors - I imagine many people are about to get #sued and #elizabethholmes will go to #prison https://arstechnica.com/tech-policy/2021.. This is very *serious* #medical #negligence ...
#biden needs to #wakeup already, #china 's #ccp is actively #blocking #chinese #investors from buying into #boeing https://www.zerohedge.com/markets/china-.. This really is the sign of a #economy looking to #decouple from the #us and #west !
Ouch, #evergrande is continuing to crash and burn on the #chinese #stock #market https://www.zerohedge.com/markets/evergr.. I highly suspect we will see the #shanghai #stock #exchange #ssec crash again today as #investors lose faith in the Chinese #economy ...
Looks like #foreign #investors ran out of the #evergrande problem a year before the actual collapse: https://www.zerohedge.com/markets/credit.. If #creditsuisse did correctly predict the collapse, that's impressive. Worth keeping an eye on!
It appears #china 's #ccp has taken over #evergrande 's #bank #accounts and is prioritising the completion of #assets rather than paying #creditors https://www.zerohedge.com/markets/china-.. Here's the thing, as they pawn off #assets to pay #investors - it #devalues the entire #property #market ...
Today's #shanghai #stockexchange seems to also be doing well... It's weird, a bunch of #foreign #investors are in the lurch and are set to lose #billions of #dollars - #evergrande is #defaulting on their #debt - many other major companies in #china are on their last legs and their #economy is #rebounding ? Very weird. In any case I expected a #tumble even if only due to #speculation of #contagion - maybe #china 's #ccp is whispering some sweet words into the right ears?
@barray on Wed Sep 22 10:21:11 UTC 2021 said: &eWatch the #shanghai #stockexchange again today, wasn't as good as yesterday but still closed out on a high... It's looking more like they have somehow managed to push back the #evergrande #doomsday event for a while longer. I have no idea which #foreign #investors are still getting tricked into the #chinese #stock #market though... It's very clearly in trouble and everybody knows it.Closely watching the #shanghai #stockexchange - it's really not clear if #china will pull through this or not. They had a small #rebound today, but their #debt #crisis is not getting any better any time soon. There are still *massive* #debt problems that need to be addressed, almost the entire thing is rotten and I suspect they will use the healthy #companies good money to #bailout the shit companies, making a total #economic #collapse even worse. 2023 will be a shit show at this rate...