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Sep 20, 2021
3:24
:58
pm
Pimpin4Paradise
Intervention Needed
Watch closely. I'm guessing that the Chinese govt steps in to provide liquidity and prevent total collapse. We'll trend
down another 2-5% over the next few sessions and when the stimulus is announced the markets will pop. That's my guess anyway.
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Pimpin4Paradise
Previous username
ChubbyChaser
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Pimpin4Paradise
Joined
May 2, 2008
Last login
Nov 12, 2022
Total posts
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Messages
Author
Time
Banking crisis in China/HK?
SierraCoug
Truly Addicted User
9/20/21 3:22pm
Watch closely. I'm guessing that the Chinese govt steps in to provide liquidity and prevent total collapse. We'll trend
Pimpin4Paradise
9/20/21 3:24pm
I’m going to probably use YINN/YANG to play this one. Over the last 2 weeks the China bull (YINN) is down almost 30%.
Pimpin4Paradise
9/20/21 3:29pm
I dont think they will. Saving a capitalist mkt wouldnt be welcomed.
panacablue
9/20/21 3:40pm
It isn’t a real capitalist market.
Superman21
9/20/21 3:45pm
Agreed but it wont look good if they bailout the 1%. Also, it could wreak the
panacablue
9/20/21 3:51pm
China is having their 2008
RC Vikings
9/20/21 3:26pm
Nah, it won’t be that bad.
Pimpin4Paradise
9/20/21 3:27pm
So far, this is tiny in comparison to 2008.
Superman21
9/20/21 3:30pm
Not as widespread at all. The big one is a $300B loan portfolio backed primarily by hard assets. 2008 was driven
Pimpin4Paradise
9/20/21 3:32pm
RE: China is having their 2008
Cougarclaw
9/20/21 3:31pm
China will find a way to liquidate, manipulate or hide the consequences
wabluecoug
9/20/21 3:29pm
This video just came across my Youtube recommendations. It will be interesting to watch.
buhlcougar
9/20/21 3:33pm
Very interesting
Lifi
9/20/21 3:44pm
It sounds like a bubble crash but the only difference is that Chinese citizens
OU Cougar
9/20/21 4:01pm
They’ve been building this bubble for years
Bovine University
9/20/21 4:26pm
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