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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%Nov 12 4:00 PM EST

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To: Logain Ablar who wrote (116331)2/13/2016 6:34:10 PM
From: TobagoJack  Read Replies (1) of 217734
 
I watched "The Big Short" and enjoyed the movie greatly.

Am not sure what wagers mr bass is precisely gaming by, but am fairly certain he is not playing in the China domestic arena. Whether he gets paid off on his wagers depends very much on his counterparties good faith. It would be interesting to watch, especially if his counterparties are the big financial houses.

As to China the entity, it is fine, would be okay whatever the hiccup, first in make-belief crisis, and first out of harm's way.

A 50% fall of the share market did nothing. A 6% cratering of the real estate market did less than nothing. Now we are supposed to again tee-up a China banking crisis? Where the largest banks are state-controlled money transfer function?

Unsure where mr bass is buying CDS / CDO on China banks.

Should be interesting.
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