Mark Tinker, chief investment officer and managing director at ToscaFund Hong Kong, says the West "spent years assuming that China was just another emerging ...
Do they really care about international investors?
My man, they do not gaf.
Coming from the west, where the stock market is so tied up with consumer confidence…
Consumers don't gaf about the stock market, either. They can either afford the goods or they can't and right now we're in the 'can't afford' territory, which is why the US is cannibalising Europe. This is what happens when half your population are millionaires and the other half are dirt poor.
He's talking to the millionaire half, who aren't consumers but consumer-investors who shit themselves when the economy tanks because (1) their pension plans fall apart and (2) they hope to sell their spare property at an inflated price to somebody silly enough to borrow so much money from a bank.
It's not just cope. All this talk is to calm those viewers. Letting them know that whatever China does, the US will continue to let people gamble on an inherently unstable stock market. It's bizarre to me that people want that, but again the show is talking to the 150 million yanks who think they're blessed and peak intelligence because they got lucky. Maybe a bit of white supremacy, too.
And it's to warn investors off China. They want the general audience not to invest in China. For two reasons, at least. One, to increase competition at home. They're fully hyped on supply, demand, and hollow neoliberal finance ventures. So they likely think that increasing demand for US stocks will fix the US economy. And two, as the percentage of private investment in China shrinks, they don't want the ordinary 401k getting their cut before BlackRock and Vanguard et al.
These ghouls don't gaf about logic, though. There's that, too. They're propagandists. The funniest part is that they probably believe that they will also hurt China by doing this. It's part of the new cold war, led and encouraged by the high priests of capital.
That's where the cope lies. The brainworms have licked their brains so smooth and shiny that they can't see that every move against China is double-edged. Nudging investors to divest from China in favour of Western stocks is going to be funny af when the west loses the capacity to be bailed out from crises. It could be the next one or the one after. Maybe capitalism has three or four good crises left.
But when it finally hits, when Russia has helped one state too many to cut ties with the west, and when China refuses to bail them out or they can't otherwise leverage or shift the burden to a neocolony? Game over. Well, they'll have one life left, so to speak, which is maybe when we have to worry about the birth of the fifth Reich.
Edit: to be fair, the guy being interviewed is somewhat grounded in reality.
My man, they do not gaf.
Consumers don't gaf about the stock market, either. They can either afford the goods or they can't and right now we're in the 'can't afford' territory, which is why the US is cannibalising Europe. This is what happens when half your population are millionaires and the other half are dirt poor.
He's talking to the millionaire half, who aren't consumers but consumer-investors who shit themselves when the economy tanks because (1) their pension plans fall apart and (2) they hope to sell their spare property at an inflated price to somebody silly enough to borrow so much money from a bank.
It's not just cope. All this talk is to calm those viewers. Letting them know that whatever China does, the US will continue to let people gamble on an inherently unstable stock market. It's bizarre to me that people want that, but again the show is talking to the 150 million yanks who think they're blessed and peak intelligence because they got lucky. Maybe a bit of white supremacy, too.
And it's to warn investors off China. They want the general audience not to invest in China. For two reasons, at least. One, to increase competition at home. They're fully hyped on supply, demand, and hollow neoliberal finance ventures. So they likely think that increasing demand for US stocks will fix the US economy. And two, as the percentage of private investment in China shrinks, they don't want the ordinary 401k getting their cut before BlackRock and Vanguard et al.
These ghouls don't gaf about logic, though. There's that, too. They're propagandists. The funniest part is that they probably believe that they will also hurt China by doing this. It's part of the new cold war, led and encouraged by the high priests of capital.
That's where the cope lies. The brainworms have licked their brains so smooth and shiny that they can't see that every move against China is double-edged. Nudging investors to divest from China in favour of Western stocks is going to be funny af when the west loses the capacity to be bailed out from crises. It could be the next one or the one after. Maybe capitalism has three or four good crises left.
But when it finally hits, when Russia has helped one state too many to cut ties with the west, and when China refuses to bail them out or they can't otherwise leverage or shift the burden to a neocolony? Game over. Well, they'll have one life left, so to speak, which is maybe when we have to worry about the birth of the fifth Reich.
Edit: to be fair, the guy being interviewed is somewhat grounded in reality.