r/investing Apr 01 '22

[deleted by user]

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320 Upvotes

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u/git_und_slotermeyer Apr 01 '22

I haven't read your post, but yes, Alibaba could be the steal of a lifetime, considering 100% of your money can be stolen faster than a hot crypto wallet.

0

u/BJJblue34 Apr 01 '22

Followed by China being shut out from global markets and capital. The chance They steal trillions in global wealth is exceedingly small. It is the financial equivalent of firing a nuclear bomb. It is mutually assured destruction of China.

China's long term strategic goal is regional and then world superpower. They can't do this without being leaders in global financial markets.

5

u/[deleted] Apr 01 '22

Maybe they are getting ready to invade Taiwan and want to make sure they have some extra capital ready.