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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.09-0.1%4:00 PM EST

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To: TobagoJack who wrote (178641)9/20/2021 4:15:25 AM
From: sense  Read Replies (6) of 217551
 
Have been watching that carefully...

I used to ponder "how best" to benefit from awareness that the rarified real estate market couldn't be sustainable for long in the wake of the "global sick out" that Covid 2.0 seems it has become...

The events of the day appear to have answered that handily enough... and it seems clear that we're still a lot closer to "it's beginning" rather than closer to "it's over" at this point... ?

I think "China's Lehman Moment" is probably pretty close to what is occurring... at least in terms of the dynamic occurring now in those specific sectors in the market...

But, it's pretty clear that the ongoing momentum shift in the markets began with Xi's attacks on "entrepreneurs"... or "monopolists"... and expanded with his clearly throttling on back market reforms with a claimed interest in broadening the impacts of economic benefits enabled by prior successes... but without bothering to mention how that is supposed to happen...

Looks to me like "Voo Doo Economics" as George Bush once called it... in which it isn't really about "the economics" at all... but is all and only about the politics and the power... with the rest being PR...

But, I do think that suggests that many of the pundits I've seen pontificating on "what happens next" are probably deluding themselves... as they're convinced that "China's Lehman Moment" requires and ensures that "China's Inevitable Bailout of China's Lehman" will be coming along smartly, and then that will soon solve all of the world's (immediate) economic problems... ?

I think that's mostly clueless...

And, I think that potential is less of a "wait for it" issue... than an "I'll believe it when I see it" issue... both in the potential it will occur... and in the expectation of some broad benefit resulting...

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