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Captain Caveman wrote on Mar 17
th, 2020 at 10:04pm:
Sophia wrote on Mar 17
th, 2020 at 9:26pm:
John Smith wrote on Mar 17
th, 2020 at 9:02pm:
Sophia wrote on Mar 17
th, 2020 at 8:49pm:
I don't have the greatest understanding of how the stock market works, but if the chinese were buying all the stock, like he claims, wouldn't the prices of shares go up and not crash?
I don’t understand it either.
It (the stock market) has been going up then down again, during all this, don’t know what’s happening there.
I am looking at a report now, I will put link up here, haven’t finished watching it yet, how China is going to be sued.
https://youtu.be/YQWjnNi5Fv8 From my understanding and without waking the missus up....
You can reserve stocks at a certain price. Say today a share price on a stock is at $20. You can put a reserve, or "put" as it is known, in at $5. If that stock suddenly crashes and hits $5 you now buy automatically. Depending on how much you have invested, will depend on how many stocks you purchase. If you've invested $100 then you will receive 20 shares. Obviously with big buisiness it is big dollars. They'd be dealing in the 100's of millions.
George Soros makes his living from doing such things. He did this with MGM just before the Mandalay bay shootings (Mandalay bay is owned by MGM)....and walked away with a substantial amount. It was a clairvoyant move....hence the controversy surrounding his actions.
China didn't like the trade deal with the US and stood to lose billions. This bloke is saying that China has been very clever in orchestrating a stock market crash using the virus and media. Perhaps the reason the market is up and down atm may be a result of Chinese investment boosting the share prices. That is a hunch but very plausible.
Very interesting lols....thank you.
It's an interesting video.
I don't believe the conspiratorial aspect that this was created and hyped by China, but I believe they're better placed to control it because they're willing to take curfew breakers to the outskirts of town and shoot them in the back of the head.
As for countries like Russia having low numbers of cases, I wouldn't believe a word they say.
USA was always going to get hit hard as they have so much air traffic. Italy is getting hammered because their health system is under resourced.
As for the financial aspect, yup I totally believe the Chinese will milk this as much as they can. They're a command economy and can pull some bloody big levers to take advantage.
When all the dust has settled I think the world needs to reevaluated our dependence on China for cheap manufacturing.
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