Yes, a good story sells crap as well as substance and you see on infomercials late night TV and all that and the flat earth society is interesting as the leaders dont actually believe it but making money off Youtube channels but the poor gullible followers get taken in by the "evidence" and not the scientific fact (sorry bibles) About 500 people have been to space over last 60 years and almost ever other month now launching s, but they think its all fake??? Creation is also coming back and some of their leaders once again pretending and you then have Robinhood investors that as i have already said, are young and ignorant and were young 13 years ago on the last crash and thus dont have a fear and just keep buying on and on and on. The Pros buy on them too and it perpetuates up and up all built on printed money and US Govt Buy ups and they say no tapering for a time....
Evergrande- Chinese govt have absorbed it calming markets but what others are tanking too soon or already? This house of cards is nothing like the GFC. The Free govts hold up markets with bond buy ups ect and the sheer levels of leverage cant even be calculated even by the like of the brilliant Michael Burry who is warning seriously now, so the point is when all this finally implodes with reality returns, its going to be nothing ever seen and our expanding company will be big enough to get our market share with our protected app too make up stand out in the crowd?
The Republicans wont pass the debt ceiling in a week and the socialists there want to print another 3 trillion??? just crazy times now and when that last 5 trillion liquididty washes away, and maybe some tapering or .25 rise in rates, this monster will just let go horribly and what other Chinese companies are on the edge? So theres tons of Negatives and almost no positives for the markets from this point and the Virus is now found to be more deadly on the new mutations so i dont know how the world will get out of this one this time......
So much DEBT and growing......... CI1 will be patiently waiting and be ready........
CI1 Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
(20min delay)