My Prediction Comes True

Since the trade war between the US and China became inevitable, both Shanghai and Hong Kong stock market went down, so was the exchange rate of RMB. Many P2P platforms crashed. Hundreds and thousands of middle class people lost their life savings. Yet, this is just the beginning. China’s problem is far greater than this. Be prepared for worse, although it’s a bit late now.

The following is what I written on our web site: (valuebay.net)

Buy America & Avoid China
Sun, 02/28/2016 - 12:18 — William Dai
There will be an inevitable crash in the Chinese economy. China to exceed America in economic power under current totalitarian communist regime will only happen in the dream of ignorant people. I totally agree with Mr. Buffett that “America’s economic magic remains alive and well." Buy America. Avoid China.

Clear and Present Risk in China
Wed, 11/19/2014 - 23:57 — William Dai
There is a clear and present risk in China economy. Maintains of debt are always the last stage of any economic crisis, if we have ever learnt anything from history. Look into the details at the following link.
http://www.ft.com/cms/s/0/e13e2cf8-6e48-11e4-bffb-00144feabdc0.html#axzz...
(the article the link pointing to need subscription to read now)