Your thinking is flawed. Why lose 40% (or more) of assets to gain something that could be purchased with less than 1%?
Not MY thinking: Author is ANON!
They’ve done very stupid things in the past and they’re frantic at this point.
And if your 40% v 1% remark refers to the equity markets, who the hell do you think ENGINEERED THAT by pulling THEIR $ OUT en-masse to CREATE THE CRASH??
No,THEIR assets are parked in Switzerland or the Caimans until they come back next week to buy back in at a 30-40% discount. Just pray the Chinese don’t wind up OWNING OUR former industries.
“...Your thinking is flawed....”
Not flawed at all.
Desperate people do desperate - and stupid - things. And They and their democrat friends are desperate. Chinese communists are very aware that there is a large movement among the people to be free of them.
Tianeman square didn’t just go away because they murdered a bunch of people; murder is what communists do. The idea behind it is still alive and well.
If THEIR economy is being brought to its knees by - oh, I don’t know, let’s say DONALD TRUMP - they’re going to do whatever is necessary to prevent their own collapse.
This bioweapon - whether intentionally released or not - gives them a convenient emergency to exert control, and also to unite those people - “Look at what evil capitalist America has done to us!”
They know they do NOT have friend in our White House anymore; Obama isn’t there to kiss their ChiCom asses anymore.
Carl Von Clauswitz said war is politics by other means.
Conversely, politics is war by other means. And we’ve been at war with that ideology since its inception.
Or, more accurately, that ideology, much like Islam, has been at war with the rest of the free world since its inception.
This is just one more battle in that war. And we’ve got to win it.
Because that is how totalitarians seize power. Totalitarians gain power by depleting the masses of wealth. So they are fine with losing 40% and retaining 60% IF they are able to impoverish the masses and that is exactly what is happening all over the world. The global elites will still have plenty of money but when the masses are broke they are easily controlled.
Wealthy people can't be controlled so the goal is always to deplete the citizens of their savings and thus making them desperate, dependent and willing to submit to rule by despots.
The American Stock market and economy was making the masses rich. Not anymore, mission accomplished.
Couldn’t be purchased. Obviously.