really good thread on the second largest property developer in China I don't know enough to evaluate everything but there are some real sphincter-clenchers herehttps://twitter.com/TheLastBearSta1/status/1417492372573798412 …
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On the margin, Hollywood makes every dollar of profit in China.
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There has been a huge push in the last 20yrs for brokerages to encourage retail investors to go for global exposure rather than all-US indices and so on
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the fools
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we're all intertwined at various levels, almost like a fractal.
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which is to say, there's a lot of play and give for smaller market movements, but if one market has a financial crisis the others will be affected. (May not crash, but they may require heavy govt intervention to prevent doing so. Where intervention usually == money printing)
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All I know is ~5% of my portfolio is Chinese stocks so I’m against a financial collapse there
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The US managed to avoid being impacted by a recession in Europe in ~2012. For all the talk of an integrated international financial system, stuff like that still happens.
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If Tether goes, crypto will have a very bad time. I say awesome, graphics card prices are insane and crypto people are intensely annoying, but that's an easy avenue for contagion.
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