The contagion might take the form of pull back in foreign investment (i.e. buying real estate in the US), in order to scoop up..... Ok now that I've typed that, I question my sanity here
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Replying to @keyfob256 @eigenrobot
A stranger thing to think about is the possibility of capital flight from the China markets, which might actually drive ours up.
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Replying to @keyfob256
I was wondering about that wonder if they clamp down with capital controls. that would be interesting
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Replying to @eigenrobot
didnt they recently do some clampdown on bitcoin? (which is a much better way to move "money" between countries than typical foreign exchange)
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Replying to @keyfob256
yeah I think they did. very interesting point. hmmm.
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Replying to @eigenrobot
hmmm indeed. The banking foreign exchange is heavily tracked (by most govts), and easily clamped down.
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Replying to @keyfob256 @eigenrobot
I'm usually a little late figuring this stuff out (because I'm just some rando shlump with not enough information)... So maybe this process has been underway for a while
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Replying to @keyfob256
yeah, I paid a bit of attention a few months ago with the Huarong dustup but not much beyond that there's also this never a dull momenthttps://www.wsj.com/articles/china-prepares-new-anti-sanction-laws-for-hong-kong-and-macau-11627475091 …
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Replying to @eigenrobot
That's more political muscling than anything else... Important to note that "it's not nothing", but financial markets usually are somehow above that in the grand scheme of things (from a financial perspective)
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yeah, but I kind of wonder what happens when a firm gets caught between enforcing sanctions (or else) and not enforcing sanctions (or else)
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Replying to @eigenrobot
They get fucked, as a warning to others. And so far, this hasn't made big ripples in the overall markets. How far can this be taken? Don't know. Until nation states wake up and decide to take real action (except their hands are tied by that fractal-like inter-dependency)
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