Comments by "Louis Giokas" (@louisgiokas2206) on "China’s Economy Hits a Death Spiral: Tyson Foods Left, Cargill Followed; Yuan Loses Key Support" video.

  1. I notice that in your report, the US companies mentioned cashing out of China are selling to hedge funds outside of China. Thus, they can be paid outside of China and actually get their money out. Any company selling to a Chinese company risks not being able to take the proceeds of the sale out of China. This further depresses the value of these holdings.
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  2.  @1powerequalsgod  I am staying in my home, and I am over 45 (actually over 65). My father-in-law has decided to stay in his home (he is much older than me). My brother lives in a home that has been in the family for 100 years plus. My parents stayed in their home until they passed. On the other hand, my sister sold her home and is moving locations. In all these cases, the homes were paid for a long time ago. In the US, where a large portion of the population (perhaps a majority) lives in suburbs, there is not a need to optimize the size of the home to meet some criteria. Some do that, but lots do not. That is because the home is not a speculative investment, or the only investment people make. The idea, which also seems to be operative in Europe, that people need to move out of their homes to make way for the younger generation is based more on factors like limited land, thus population density.
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  3.  @sushi_wolf  Thanks for sharing that.
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