$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ My ...
$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ My interpretation of the meeting on Saturday is that it did not meet expectations. The plan is just to wander around and maintain a state of neither starving nor being full, in order to sustain the basic operation of the country. Local governments not only have huge debts, but also lack other measures and means of development, resulting in a passive state. Each region has its own selfish interests. In the past, through the power of the local government in the central government, there was disorderly distribution, and today it is the same—there will be no progress together. If we want this game to continue, the central government has no choice but to intervene. But if all local debts are fully supported, China will become the next Zimbabwe. This matter is being dragged on without a solution or plan.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
UNO Wild Card : It does not work this way. US has the highest amount of debt owe and look at its stock market. Your analysis is very flawed
WODAO OP UNO Wild Card : To understand the sentence above, you need basic knowledge of economics and finance, including understanding the differences between Renminbi and US Dollars, the differences between US Treasury Bonds and Chinese Government Bonds, and why the US Dollar is referred to as hegemony. "The world cannot afford a second USA" - I estimate that you may also find this sentence difficult to understand. If offensive, I apologize, but I am just speaking the truth, even though I know very little about it.
WODAO OP UNO Wild Card : 既然你英文不错,随便查查就应该知道美债最近的销售情况,美国股市也是被严重操控的。