Finally, COVID is “over” in Shanghai. Now that the CCP declares its victory, the US will likely become more comfortable, temporarily.
America certainly needs that relief.
We already see that reflected in container prices. At this point in the cycle, anything helps.
I used to believe China had already won against the US until they decided to crush founders with oppression (Didi, Alibaba, PinDuoDuo -- and hundreds of others).
There is still hope for freedom; once they meddle with self-made tech billionaires, they start to lose since there is no point in building wealth if you don’t have ultimate lasting freedom.
The busier you are, the more you must stop and slow down. Instead of instant happiness, search for peace. Happiness fades rapidly. Peace can be permanent.
A while ago I had coffee with Shane Steele. One of the best pieces of advice she gave me was that in the early days in the Bay Area I should be “defaut to yes".
I have made 30+ trades in the past 18 months using over US$100K in margin. Interesting to see that margin soared this year. It can be quite useful.
