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Always pay the bottom line
Rebeca 2022-04-23 07:01:13
America's faith in liberty and the market so profoundly that bankers found a way to make money from it, the belief in liberty that was the source of this disaster, blinded the vast majority of people. There is no such cultural environment in China, and no one can take advantage of such a loophole, because even if they are taken advantage of, they will die horribly in the end and will not allow the contract to be effective when the end of the world comes. Those shorts won't make as much money because stability overwhelms everything. But no matter which society you are in, you will still find scapegoats to pay the bill. Because of this, the way the bubble burst in China is very different, but no matter how you burst the bottom, you must be very careful, and you need to understand what has happened since the reform and opening up.
Extended Reading
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Casey: What am I supposed to do? Write a piece called "We're all fucked"?
Charlie Geller: Yes! That's a perfect title!
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Vinnie Daniel: How are you fucking us?
Jared Vennett: When you come for the payday, I'm gonna rip your eyes out. I'm gonna make a fortune. The good news is Vinnie, you're not going to care cause you're gonna make so much money. That's what I get out of it. Wanna know what you get out of it? You get the ice cream, the hot fudge, the banana and the nuts. Right now I get the sprinkles, and ya - if this goes thru, I get the cherry. But you get the sundae Vinny. You get the sundae.
Vinnie Daniel: All right. I buy that. Thank you.