If opportunity doesn't knock, build a door. Milton Berle
14/10/2018
Dear: Journal,
This week’s achievements:
Voting Weight: 6215 SP
Reputation: 58.5
Goal for next week:
Voting Weight: 6230 SP
Reputation: 58.7
As expected the stock market was in a blood path last week. Will governments pour more alcohol into the drunken stock market? Yes, I believed so.
Governments can print money, why not abuse it as much as they could.
Unless and until governments stop interfering, the stock market will simply keep heading to “all-time high”.
Nevertheless, it’s surprised me that the Chinese have decided to sell US bonds. Why, because I believed it's a bad tactic.
The US government have already prepared this scenario, so they printed money and sent it to a third party, this third party has the responsibility to buy back US bonds from China.
So, the Chinese sell papers to get papers.
To put it in the simplest form. The Chinese were using real money to buy papers (US bonds), and then sells that papers for.. Papers.
Very interest time ahead.
Thank you for reading everyone, don't forget to upvote.
b
