Pfftttt, tomorrow after FOMC caves in with dovish sweet nothings, this late day dip will be history. Its all rigged to the upside folks.
blah blah blah Music Stops, the bowls over... I'm![]()
Just to get an idea of how Insane China's blow up will be, look at Investment per GDP
https://en.wikipedia.org/wiki/List_of_countries_by_gross_fixed_investment_as_percentage_of_GDP
China GDP on paper ( which is fiction on fiction ) according to there own data, Investment per GDP is 45 %, reality is 50 %... On Paper China is more dependent on Investments for there GDP then Haiti!!!! There Banking system has 48 Trillion US Debt on paper, reality could be 55-60 Trillion US yet Equities is 3 Trillion... They have 0 room left for debt, and any printing going forward will be to stop blow ups and to service government deficit ( around 10 % of GDP already )... They cut reserve 5 times since 2018, shortly to be a 6th time as they spoke about 2 weeks ago, cut taxes on everything they can, and yet imports are still collapsing, while printing hundreds of Billions US a month!!!! It's a full blown QE since early 2018 and they are still collapsing, that's the whoa part
So half of your GDP is reliant on direct Debt, at a time where offshore money stopped flowing in and your insane non stop printing is crushing your population to the point where you collapsed your consumption economy, making Chinese households the most indebted in the world, if you look at Price per Income Ratio's and Mortgage to Income Ratio's. Total GDP Collapse awaiting China is flat out wtf is gonna happen to them... China Consumption GDP is very low in the 40s, true number is in low 30s and they can't expand on Investments anymore due to sky high debt levels, in every sector of there country
GDP Per Capita, China is at 8,800 US... Countries like Romania or Mexico have a higher GDP per Capita, consumption levels are shot in China due to insane Inflation... No more massive debt party, real consumption levels are below very poor countries, real GDP is below poor countries, rampant defaults, Inflation absolutely out of control, Housing Deflation while massive QE's have been happening, there housing Inflation was 4,5 % in January 2019 with 5 % of GDP Printed that month, January 2018 Housing Inflation was 14,5 % with a smaller QE that month. By there own admission of fake numbers, Housing Deflated 10 % YoY with a higher Inflation liquidity dump.
Music Stops, the bowls over...
Yep they keep ignoring it. China just keeps printing more money....everevevis oblivious as too what's happening but what ever. Everything is peachy here ... nothing to worry about as the fed continuously bows to wallstreet!!!
In theory, if HALF your GDP is directly Debt Driven, the minute you are no longer able to print constantly more then before, it's an extreme collapse, Ponzi Economy, newly created money pays for old debt and it's been happening since 2010... China will lose 25 % of it's GDP within a two Quarter span at it's peak recession, how the fuck can markets not be affected ? I understand most people in this thread are seriously clueless to macro, but a 5th grader can understand what's here
ET is overun with nutcases.You don't even trade mickey the clown, you keep typing bullshit on different threads about my data debates... Where is your bullish data ? You only have your opinion idiot. Let's posts are trading accounts by October-November, then we will see who's the idiot and how much percent account went up in 2019
It amazes me some idiots like this australian clown can't even see the writing on the wall, when his own country is leading the global recession along with China
Stockolio, may I remind you of the quote attributed to the economist John Maynard Keynes.
"The market can remain irrational longer than you can remain solvent."
Such an amateur mistake is it not? Tut tut.