Hi CB, <<Leaders are only as good as their advisors>> I agree.
<<Which, if you don't know by now, you will find out eventually>> I think I do know, and therefore my allocation is fully explained, just waiting for everyonelse to find out if I am wrong.
<<China ... Pax Sinensis? And are you ready to be the hegemon?>> No, China is not ready but then actually mostly never had an interest, in its four thousand plus year history, because classical training dictates leaving others more alone than not, like the dictates of Star Trek.
Not so classically, interfering in the business of others is very much like catching other's lice and putting them in one's own hair, pretty pointless, because what will be, shall. Just is, and actually, always.
<<China is at the apex of the triangle I posted earlier in the week ... Full capital controls. Full autonomy, full stability, no free flow of capital>> correct on status, not true on direction.
<<DJ is on the right side. Full stability, full free flow of capital, no autonomy>> Correct, but no harm possible.
<<US is on the left side. Full free flow of capital, full autonomy, no stability>> Ooh, at this juncture, not bullish.
<<We can live with it>> until recently Argentines could as well, until not so well.
But then you probably agree with my assessment, else you would be fully vested, unless you believe other triggers for the next of tripod chair's leg missing are possible.
Chugs, Jay |
