WHAT IS GOING ON NOW IS MADNESS! Very Important Updates. Mannarino
From Greg M
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Under The Radar...they are now going for your right to banking privacy. Heeeeeeehehehehee! 😃
Banks will alert IRS of any transaction over $600 instead of $10,000 as it is now.
https://www.youtube.com/watch?v=hPJFRTbzV64
Big Question:
https://www.wsj.com/articles/china-evergrande-fallout-hits-western-bond-funds-11632163626
Evergrande will pay to local bond funds but not foreign funds. We already knew that.
Question is: Will the smart Chinese say thanks to western bag holders or just just walk to the banks laughing ? wink wink
Do not think this will stop western funds to stop buying Chinese bonds. They will increase purchases. Logic is not important