A few days ago I watched the Netflix docu ' The Chinese Hustle'. I ran into it by luck , because this docu isn't well known in the Netherlands ( how about the US?)
And to be honest, I was a little bit shocked and also pleased, because this is why I don't give my money to this scams on the market.
I love China as a country and I love the people! I'm going back again this autumn and really looking forward to it.
But from experience I know they can go far to manipulate figures to look good ( for example to stay a number one university, a university manipulate scores from students, it's part of the culture).
But how can we be so naïef to take all information we get from China so serious that we invest billions? Is this the next bubble that will pop, watch my words, if it pops it will be a big one !!
For myself I always think twice when I hear that the Chinese market growed again with x percent. Who checked this figures and is it a thrust full number, I doubt.
But everyone is buying it...the total scripted way . Let's all buy stocks from Alibaba or Tencent and we all will go down together.
What is your oppion?
And if you didn't watch it....do it. It will open your eyes.
Grt Andre
And to be honest, I was a little bit shocked and also pleased, because this is why I don't give my money to this scams on the market.
I love China as a country and I love the people! I'm going back again this autumn and really looking forward to it.
But from experience I know they can go far to manipulate figures to look good ( for example to stay a number one university, a university manipulate scores from students, it's part of the culture).
But how can we be so naïef to take all information we get from China so serious that we invest billions? Is this the next bubble that will pop, watch my words, if it pops it will be a big one !!
For myself I always think twice when I hear that the Chinese market growed again with x percent. Who checked this figures and is it a thrust full number, I doubt.
But everyone is buying it...the total scripted way . Let's all buy stocks from Alibaba or Tencent and we all will go down together.
What is your oppion?
And if you didn't watch it....do it. It will open your eyes.
Grt Andre
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