Evergrande Officially Defaulted. Put your seatbelts on bois!
(media.greatawakening.win)
BREAKING NEWS
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Would you mind explaining that to a smooth brain?
My concern is market volatility and inflation hurting our rocket ships. No?
It’s the first domino to fall. The chain reaction will travel around the world thrice and cause the greatest market disruption this world has ever seen. Prepare for financial Armageddon. Or as the cabal likes to call it, the great reset.
I take it you are saying for me to take what little money I have in the stock market out, before it disappears?
I cashed out of almost all my long positions in Sept in preparation for the looming crash. The only thing I'm holding long is big positions in GME and DWAC and a small position in AMC (I sold 90% of my AMC when it was up).
I bought options on FAZ and TZA which I'm hoping will pay off huge in the event of a crash.
Of course nothing is guaranteed, everything involves some degree of risk, but this is the plan that I personally have put in place. And if GME gets temporarily dragged down in price with a market crash then I'm going to load up on a lot more shares at a discount.
Not really. Take it out and what? At least in the market there is a chance of making life changing money. Many apes believe this will be good for us. They speculate that it will go down and then rocket up. I'm hodling. Never invest money you don't have to lose and then be patient. I am concerned about what it means in terms of inflation and jobs, small business, banks ... this administration doesn't give me any confidence that it will be ok.
No, I’m not a financial advisor. I would suggest to read as much as you can on the subject.
Do you think the banks will be the first big casualties?
The rockets are a GME reference. I could not possibly explain it in a simple way. I suggest you read about it asap.
I highly doubt they, White Hats let MOASS happen under Biden... it would be spun as positive press for him. Biden: “look at all this generational wealth I’ve created, taking from the cabal and giving to the poors.”
Edit: He, Biden, would look like a hero (already does) to all those Reddit apes.
oh, I know, and that's why I want him g o n e. Am hodling for tendies.
I've yet to get a legitimate answer when I ask.
Stay in the market or move to bonds for a 401k?
Everyone wants to trumpet their holy crypto but that is not a safe harbor for money. It is just as big of a gamble, if not more, as the market.
Markets are going to be rough, the elite will get their wealth, the rest of us will be providing it. Buckle up...
Silver. Physical silver has always been my hedge for this event.
Keep on stacking !
Same.
I cashed out my 401K and bought physical silver. It was only $3500 so I went with the odds of silver coming out from under price manipulation.
For my 401k I moved 100% to a fixed/guaranteed income allocation. I have a small IRA that I moved 100% to GME.
What is GME?
GameStop shares
Silver.
One of the most impacted banks owes me a death in service payment for my wife still. Hope i can claim it in time to dump it into physical metal.
Invest in silver. This is financial advice
You think they're gonna crash the market before Christmas? That'll be too much for the sheep to handle. Crashes seem to always happen in March.
I would prefer a crash before Christmas 🎄. So I can serve rice and beans for our Christmas dinner
Will there be a crash though? Russia defaulted in 1998 and the market went up.
Trump's Christmas fireworks show last year had a very subtle V similar to the one in the movie "V for Vendetta".
While I do have my theories, I would not be surprised if the curtain is dropped and Trump is in office before December 25th... only time will tell, but this evil system cannot continue.
Trump IS a showman. I bet he steps back in the White House and says “Merrry Christmas!”
Eli5 why the problem of a Chinese company can break havok in world's economy?
Modern industries run on extremely tight margins. Have enough go wrong and it all locks up through lack of liquidity/credit lines. EG is the 2nd biggest company in CNs biggest industry, and are the 2nd most important country economically. Because things are already way overleveraged and debt ridden its bound to heavily effect most markets.
Very good explanation.
What's up with images being such low quality
I zoomed in a bit and screenshotted it. because I knew people wouldn't want to go to the site and read it.
Truth. Thanks for the screen grab.
Why why why? ... 🙄 it’s tough ppls need to do their own research.
people should buy non GMO food but don't. people should make dinner but they go to wendys.
I think ensuring your food and water supply is a good idea. If you can grow your own food, that would be good as well.
Read between the lines. Is there a named source?
I have read that this is fake financial news, and has been for several weeks, for the reason you just mentioned.
https://www.reuters.com/business/several-bondholders-china-evergrande-receive-overdue-bond-coupon-payments-media-2021-11-11/
According to this, they paid it.
According to Reuters, there's climate change, vaccines are safe, there's a pandemic and what not.
Please they are the propaganda king.
11:11
They wrote quite a few statements about Evergrande. I'm reading "Report: The Great Reset" atm.
Conclusion:
"A bankruptcy of Evergrande has the potential to lead to extreme distortions of the global financial system - with bankruptcies of players that are still considered rock solid today. Triggered by a Chinese financial virus called Evergrande, the world may face a "Great Reset" - the final meltdown of the current global financial system. "
It's gettin' hot.
sauce: http://www.dmsa-agentur.de/pressemitteilungen
Does the dollar collapse in this scenario? Pull money out of banks? What happens to 401k?
Cash, silver, water, food, guns, ammo, GME, DWAC. Everything else is worthless.
So are houses about to get cheaper or more expensive?
Hard to tell since there is a lot of institutional ownership and real estate is being used as a hedge against inflation, but I think with moratoriums ending and a depression looming it will likely go down in price. Especially if china or blackrock need capiral/liquidity/have trouble with margins.
States with governors favored by the CCP have pension funds heavily invested in Chinese stocks; California for certain. overpaid retirees may have bad news..