Right. The Chinese economy is already in a tight spot. Even a brief shutdown in exports to the US could be almost crippling.
Their people will certainly get hurt but they are communist and will absorb. As mentioned, there are no elections that Xi needs to be concerned with. I honestly don't believe they'll cave.
lol, yes, forgot that one! Who’s old enough to remember when owning a Tesla was THE ultimate leftist status symbol? Even among EVs, it was the crème de la crème. If you saw a Tesla, you knew there was at least an 80% chance that a pink haired baby murderer she-male was driving it. Saw a video last week of a lib congressman proudly showing off his new huge gas guzzling SUV he purchased after ditching his Tesla in protest. You seriously can’t make up this level of irony. It’s delicious and beautiful.
This is why Warren Buffett said most people are not emotionally stable enough to invest. If you plan to lose your junk over every single day or short-term fluctuation, you need to find something else to do with your money.
Same here. I'm about 20 years younger than you but started back around 1984. My father got me started young. We live relatively conservatively. I'll never spend the money we currently have built-up. I have my kids college paid for through a 529. My oldest fortunately just signed paperwork for a scholarship to play a college sport. I guess I'll need to roll those dollars to my future grandkids 529.
