One cannot count out America yet, since the global brain drain is still very much intact — whereby America receives the brightest from around the world in exchange for their offsprings and production. This has been the eugenic aimed goals of the United Steaks since the 1800s, greatly diluted however by the Immigration Act of 1965. Nevertheless, I think if you’d glance at American achievements in comparison to Euro-retards you’d find us to be far superior.
At some point along this trajectory, America will have absorbed so many idiots into its tits, the country will collapse. But we are hundreds of years from that and it should comfort you to know China is still, more or less, a gravely incompetent country.
Nevertheless, as it pertains to now, China is cheap and America is expensive. I closed the session +81bps with a double sized position hedge against the Nasdaq. My longs are concentrated in larger capped names with an emphasis on China. I am not long oils or crypto miners due to the extended nature of those runs.
I bet on sure things, old sport. Fuck off.If you enjoy the content at iBankCoin, please follow us on Twitter