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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: roto who wrote (10523)10/30/2020 3:58:18 PM
From: Sun Tzu  Read Replies (1) of 96634
 
Chinese wages have gone up 20x in the past 25 years. It is equivalent of saying that if made 50k in the '90s, now you are making 1 million a year!

So yes, they are doing well and can now afford more and better goods and services. They also have the population mass to manage their own growth. There are a few Chinese ETFs and stocks that I am keen to buy and hold.

But I don't think that you should underestimate the risk of a capital war with China. The risk of Trump or some other president booting out Chinese companies form the US stock market and China retaliating in kind is nonzero. Nor is is unforeseeable that Trump or some other president will refuse to honor the T-bills held by China. In fact, the Trump admin floated the idea and Kudlow back talked once they saw the reaction in the markets. But the risk is still there.
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