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L BA
Bloomberg Television
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Comments by "L BA" (@lambertois11) on "Goldman Sachs Sees 'Very Good' China Earnings Momentum in 2Q" video.
Goldman Sachs has $ billions invested in China. It is like having your arm caught in the twister, you have go along with the CCP rhetoric or lose your arm or more!
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@SaianaKrishnaMehrotra-fr4qt You have been unmasked 50-cents-wumaO1!
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Investors must be cautious with the prediction of analysts. The analysts will always align their predictions with the objectives of their employers. The China real estate and construction material industries have tanked. The private sector industries are doing massive layoffs! The official youth unemployment is 21%; can you imagine the real numbers? Xi Jinping has put the focus on state-owned enterprises (not renowned for their efficiency). Goldman Sachs has $ billions invested in China. It is like having your arm caught in the twister, you have go along with the CCP rhetoric or lose your arm or more! Even JP Morgan has to sing the CCP song!
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China provincial government are in default. Goldman Sachs has been hired to find investors willing to buy China provincial government debt.
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