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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Cathie Wood Predicts "Lost Decade" For China's Economy" video.
Japan's bubble had a lot to do with how unrealized capital gains could count as corporate income. Combine this with how Japan is a nation of savers with most companies owning shares in other companies. So people bought based on good earnings, which made everyone else's earnings rise, and repeat.
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Both. Every individual wants everyone else to stay sane while they cheat to the top.
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My broker won't let me short Evergrande. Which is a shame because I wanted to ride it down to zero.
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Another thing about Japan is it's full. North American companies profit from an expanding consumer base while older nations don't.
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Active managed funds have short life expectancies. Especially the high flying ones.
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@jon_nomad English isn't a first language for you, is it?
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By tonnage, not by value. And with this bubble bursting that may go soon too.
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@Armagedon013 for a while after the war, they did.
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Or maybe their economy is much more sluggish and wasteful than advertised.
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India's indexes are heavily correlated to the S&P but lag behind the S&P. Find stocks in remote high-income nations unless you have a specific reason to think a place will rise or fall. The turdworld will always be sluggish.
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