Good morning. It would seem to be lost on nobody when a ratings agency comes out with a downgraded outlook for the USA and so, what then of this … Moody’s affirms China's A1 rating, changes outlook to negative from stable … The change to a negative outlook reflects rising evidence that financial support will be provided by the government and wider public sector to financially-stressed regional and local governments (RLGs) and State-Owned Enterprises (SOEs), posing broad downside risks to China's fiscal, economic and institutional strength.
IMHO, the Uninversion of the YC is the Head to the HILLS moment for speculators (rumor has it there isn't any 'investment' within this Ponzi-scheme economy)
am enjoying / LEARNING from you all too by the way, much appreciated
So even the Pros (current or retired) persist in their Continuing Education....NICE!
This daily read is gold. GOLD!!!!
IMHO, the Uninversion of the YC is the Head to the HILLS moment for speculators (rumor has it there isn't any 'investment' within this Ponzi-scheme economy)