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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "RMB Crumbles: Everyone Joins the Fray; Faces Collapse Without USD Exchange | Trending Now" video.
HK is done. Taiwan is worth saving.
16
@powershift2025 Yeah, people are idiots thinking they can make money off fx / macro bets. The cost and risk that comes with these trades are not for the faint of heart. Certainly, not by people spending time in YouTube comments. Michael Burry almost had to give up on his short trade because he was running of time and it was getting expensive.
4
People love saying this. But, this assumes that supply chain can be thrashed around on a dime. And, people always forget about the other side of the equation. Psst, China isn't a self contained bubble when producing a product. Imports become more expensive. Basically, a manufacturer can "possibly" bid lower in labor costs, but labor costs that are still higher than SE Asia and Mexico.
2