ALL IN $UVXY.
Seriously though, is China retarded or something? It's almost like they're actively trying to crash the world's economy. I guess we can thank the heavy globalization going on in the last 20 years. Why do we do business with these fuck-tards again? Oh, right, tt's because we want Iphone profit margins to be 6000% and slavery to still exist, as long as it's out of sight, out of mind.
(Small rant coming)
I'm thinking we (the US) will have to make a drastic shift in business models soon because we've milked China's slave labor for far too long now. Won't happen though because our politicians are too fucking stupid to make our nation a little easier on businesses to hire here, and we continue making trade agreements to out-source more jobs than ever before.
Also, it's not sustainable in the long-run for any emerging economy to allow working standards be almost non-existent, and if all the recent terrible news in China isn't enough, the various chemical explosions, riots, and protests will only get worse till the govt is forced to do something. /r
Now that I'm done blabbing about that BS. I really think this pension idea won't work out for China. Reasoning being that the moment they inject the money into the market, the house of cards will come crashing down with it. If it isn't obvious now that most of China's economy is going off of inflated or made up numbers, then I don't know what else to say. Investors there are finding out quick that the economy isn't doing as well as the market makes it out to look, and this shit correlates heavily with the US economy because we've been doing the same shady tactics in other ways (job # data is highly exaggerated for ex). We simply rely too much on China for much of our business needs, and it's catching up to us now that things are starting to crumble globally. Cutting interest rates only artificially boosted our markets for the years after the financial crisis, and now that we're near the end of QE, shit is about to hit the fan.
tl;dr China is fucked, the US is fucked, the global economy is fucked. All in UVXY