BREAKING: China is cracking down on speculation by banning loans used to bet on commodities and some luxury goods trib.al/Y5isKhz

5:08 AM · Oct 5, 2021

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Replying to @markets
Kind of feels like this should have been done in the first place 🤷‍♂️
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Replying to @markets @Kallang22
This is why China & Chinese citizens don’t care if #bitcoin is banned. They will find something else to speculate in. It’s other speculators in the Bitcoin market that miss out when the Chinese market focuses its attention elsewhere.
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Replying to @markets
Given Xi's political proclivities was only a matter of time before they went after bling. This will stop European luxury good sales growth in its tracks. Which is why CAC 40 makes a good short.
1/14. My 2 principal weapons in shorting this bubble market are 1) Nasdaq 100 futures and 2) Bling futures. What are Bling futures you may ask? Well they are the Paris CAC 40 index of liquid French large cap stocks.
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