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mendo's avatar

I agree on everything, besides on not having the loans. In (hyper) inflation nothing beats a fixed rate loan, if possibly a longer term one. Even in worst case if it is somehow indexated, reported inflation is always manipulated to show significantly too low numbers, which then stands for indexation as well.

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The Macro Butler's avatar

I think you did not understand that we are not heading to hyperinflation but stagflation. In stagflation the value of real estate will decline while inflation rises so it s better to have companies with net cash balance sheet and no debt at all. The only asset which does well in a stagflation is PHYSICAL GOLD and other precious metals.

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mendo's avatar
3dEdited

not sure if stories about Xi are true, as the source has has a practice of declaring imminent collapse of China (almost) every week. It sounds like some wishful thinking, as we so often witness in regards to the Geopolitical foes...

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The Macro Butler's avatar

Xi is clearly put aside and this will become clear at the next CCP congress. China is not imploding China is going to experience a regime change and the neocons there like in the west are expected to be in power

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mendo's avatar

What do you mean by that? - that Chinese neocons or Western neocons will take over China?

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The Macro Butler's avatar

The reality is that the western neocons have never lost control of NATO and the White House as the bombing of Iran has shown. In the East, would Putin and Xi being removed from power we will see the Russian and Chinese Neocons taking more grip on power and this will inevitably lead to WW3. Whatever is said in the fake news mass media in the West neither Putin nor Xi want war.

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