My China Thesis Entitled... The Biggest Lie Ever Told

Can't agree more. We have quite some experts on China in this forum, almost can Kickstart another ratings agency. :D

luisHK said:
Such an expert on China you are, although I'll grant you with Alibaba now controlling the paper, the pro Beijing bias is apparent when it comes to sensible political issues (I seldom read it, but last time I checked there was an editorial about Huawei and the US which read like it was written in Beijing - HKers are getting screwed big time when it comes to independence from the Mainland, and not only from the Scmp) :

https://en.wikipedia.org/wiki/South_China_Morning_Post

Besides you could also quote the following in that article :

"Overall, China’s scale of bond defaults remain low, but the pace of growth is developing rapidly. This year so far, there have already been 18 new credit defaulting entities, exceeding the whole of last year, according to Jiang. Of the new default entities, 17 were private enterprises.

(...)
Despite high corporate debt levels, defaults remained at a low 0.4 per cent of outstanding bonds at the end of July 2018 because state-owned enterprises enjoy implicit guarantees from the government"

Imo you are way more biaised than the Scmp and understand more about Power Point than China. On another thread UK and Europe, here China, according to you all about to collapse, you sound like that dude Littlebicycle 8-9 years ago.
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Making good money trading the collapsing Chinese equity and bond markets? Sure, except those never happened. You make the the bold assumption that frauds and liars are worse than ignorant, uninformed, but incredibly arrogant individuals. I am not sure that assumption is correct.

Stockolio said:
I guess I read a lot... Try it sometime, you might see economic reality =) , maybe you will be making good money with trading as well!

I do have an addiction to reading/learning tho, and allergic to frauds and liars ? Hence my fascination with China's Economy, my life has never been the same since I dove down the rabbit hole
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It really doesn't matter whether it is half lie or full lie.
We wouldn't check its authenticity.
Even news from reputable websites are of questionable integrity.

Because we focus on charts, not news.
We read news with a pinch of salt.

_________
 
This is a trading forum.

For someone so convinced China is in imminent danger of collapse, you should put your money where your mouth is, make some serious money and do what Dr. Michael Burry did shorting the US mortgage back securities.
 
ironchef said:
This is a trading forum.

For someone so convinced China is in imminent danger of collapse, you should put your money where your mouth is, make some serious money and do what Dr. Michael Burry did shorting the US mortgage back securities.
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Out of curiosity what would be the best way to short China ?
 
ironchef said:
This is a trading forum.

For someone so convinced China is in imminent danger of collapse, you should put your money where your mouth is, make some serious money and do what Dr. Michael Burry did shorting the US mortgage back securities.
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Tough words poser, having a tough Saturday morning ? I am no idiot, there are hundreds of better things to short then China... They are not only collapsing, but entering a depression, the biggest financial collapse in history, they will start defaulting on US issued debt in second half, by 2020 full blown default in domestic and foreign issued debt. Japan, South Korea and Europe have been pulling out at a fast rate in 2019, deglobilisation is under appreciated by most on why China's collapse will be insane. US moving cheap labour to India,Mexico and Vietnam/Malaysia. There Account Deficit will run into very high gear in a hurry due to deglobilisation. China has to master EV's and mostly buy Russian/Iran Oil, they just don't have US Dollars anymore... If they decide to float RMB, Civil unrest and even more chaos!

I put entire account on HYG Puts, shorting Industrial Bonds, US Shale Bonds... US Shale is a Ponzi, not on China level of Ponzi, but up there. Junk ETF are market maked by Hedge funds, Big boys on wall street can't market make them... Once it tilts, Junk ETF go 0 to hundred realllll quick
 
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RedDuke said:
Out of curiosity what would be the best way to short China ?
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He's a poser pretending to trade... He's been exposed before, he ain't shorting shit... He's the type to just ride American Stock Market dominance, I doubt he actually researches or produce any trading thesis. He has a hard on for me, been a while
 
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