Based on what?
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Pension funds in China now allowed to invest....this is out of control
- Thread starter S2007S
- Start date
Based on what?
based on huge demand to develop its domestic economy. If you ever travelled to HK then you would get a better idea about the number millionaires that are minted in China on an almost daily basis.
Based on what?
that is simply not accurate. There are company sponsored 401k plans that allow for trading in derivatives. I never claimed such permissions are the norm but they do exist. It is entirely in the hands of the plan sponsor and its custodian.
The amount of 401k/IRA accounts that have futures or options trading privileges is probably around 1/10th of a percent. No one with a 401k at an employer has such privileges. You have to apply for a self directed IRA at one of the few brokers that allow futures IRA accounts.
China is big pump and dump. Sociopaths at the top making the rules crashed it so bad, probably got short while disallowing the small investors from selling, now they need to fix it a little to make it look like they give a rat's ass...
Sociopath at the top? Seriously? I think the wisdom and IQ of one single member in the top committee in China tops the wisdom and IQ of 10 US senators and congressmen of your choice in aggregate. Or how about the Republican candidate line up (let's be fair and drop Trump to make it more interesting)? You are seriously suggesting the top lieutenants in China, whether politics or central bank, are not completely outsmarting and outfoxing the whole US senate and congress? Then you have zero clue about China and should maybe sit out this round.
China is big pump and dump. Sociopaths at the top making the rules crashed it so bad, probably got short while disallowing the small investors from selling, now they need to fix it a little to make it look like they give a rat's ass...
I travelled around the globe and lived (as opposed to travel) in a few quite diverse countries. . What you use is called proof by transitivity in logic. Used incorrectly in your argument. You could also invoke Moscow as a proxy for Russia. Based on the numbers of Maybach vehicles, they'd take the cake.based on huge demand to develop its domestic economy. If you ever travelled to HK then you would get a better idea about the number millionaires that are minted in China on an almost daily basis.
Growth numbers are based on gov reporting. Hence my cynicism.
* Academician speaking?
* Traveled somewhere and lived somewhere? What does that have to do with China? And what linguistic error might you have committed?
* Moscow as proxy for Russia? Where do you even start to see the slightest relationship with what I said? I talked about those with the power for far reaching decisions. China has displayed an incredibly amount of foresight and has played the US on almost every front imaginable over the past 10 years. May I list some examples?
- China based development bank vs Asian Development Bank
- RMB settlement currency for huge amounts of trade deals, soon a reserve currency with global reach
- Trade Talks and Trade Balance
- Pacific Pact Trade settlements
- Isolating Japan on a world stage but particularly in East Asia
- Gaining strategically important ground in Asia's maritime region
- devaluation of RMB at China's own chosen timing
- Maintenance of growth rates that the US can only dream about (even if you discount any official number by 2%)
- Chinese banks as world leaders in terms of assets and balance sheet
- China's unstoppable influence in Africa and even in countries like Greece
I guess you are already choking on your cynicism so let me stop here. Ask if you need more...
* Traveled somewhere and lived somewhere? What does that have to do with China? And what linguistic error might you have committed?
* Moscow as proxy for Russia? Where do you even start to see the slightest relationship with what I said? I talked about those with the power for far reaching decisions. China has displayed an incredibly amount of foresight and has played the US on almost every front imaginable over the past 10 years. May I list some examples?
- China based development bank vs Asian Development Bank
- RMB settlement currency for huge amounts of trade deals, soon a reserve currency with global reach
- Trade Talks and Trade Balance
- Pacific Pact Trade settlements
- Isolating Japan on a world stage but particularly in East Asia
- Gaining strategically important ground in Asia's maritime region
- devaluation of RMB at China's own chosen timing
- Maintenance of growth rates that the US can only dream about (even if you discount any official number by 2%)
- Chinese banks as world leaders in terms of assets and balance sheet
- China's unstoppable influence in Africa and even in countries like Greece
I guess you are already choking on your cynicism so let me stop here. Ask if you need more...
I travelled around the globe and lived (as opposed to travel) in a few quite diverse countries. . What you use is called proof by transitivity in logic. Used incorrectly in your argument. You could also invoke Moscow as a proxy for Russia. Based on the numbers of Maybach vehicles, they'd take the cake.
Growth numbers are based on gov reporting. Hence my cynicism.