Another take on China – Heisenberg on SA

https://seekingalpha.com/article/4186225-catching-falling-knives-china-testing-small-cap-resolve

There are some nuggets in the post and in the comments.   Here is my favorite (bold mine):  “Read an interesting article that the currency bottomed Friday afternoon. It was a good article about how the Chinese guys have been wanting to do this but couldn’t. Now they did it & blamed it on the trade war & not on the real reason that they need a weaker currency to stimulate domestic growth. Sneaky guys with a 3000 yr old civilization. What do they know about social order?

Not to emphasize ‘sneaky’, but that the Chinese leaders have a long history of trials, failures and successes.  They also have the ability to influence the Chinese economy with precision and agility that other countries just cannot do.  I keep watching for irrational bargains surfacing.

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