What concerns me is China can absolutely trigger a market meltdown in equities as well especially pull the rug out from entire companies with a flip of a button ex) SVB
The timing of Xi Jinping's stroke 11 days before the 4th Plenum where a new leader is supposed to be announced, massive build up of military assets around Taiwan recently is not a coincidence
My money says China is getting ready to take Taiwan but not in the way many in the West envision in their WW2 fantasy.
I sold all my stocks. We are going to see assets across the whole sector correct even gold.
Also we might be seeing the start of the end of CCP.
Agreed - if they wanted.
> as well especially pull the rug out from entire companies with a flip of a button ex) SVB
They didn't cause the collapse of SVB, SVB collapsed because of rising inflation and piss poor asset liability matching.
> My money says China is getting ready to take Taiwan but not in the way many in the West envision in their WW2 fantasy.
How do you think? I'm curious
> Also we might be seeing the start of the end of CCP.
Don't know if I agree with this but I am curious as to why you think it
https://www.federalreserve.gov/publications/files/svb-review...
What would gold correct relative to? I can't really comprehend why something like a national currency would maintain its purchasing value as well as any physical asset in the dissolving contracts kind of scenario you describe.
I will agree that other nations will begin taking what they want instead of just keeping these things as alternatives. It is of course surprising that China's response to America first wasn't to put America's interests first.