Hello, fellow Rebel Capitals, hope you're well!

So we have got huge news coming out of China.

In fact, I just spoke with my good friend Lynn Alden on another live stream on another channel.

And she was saying that China right now

is going through the equivalent

of what the United States went through during the GFC 2008- 2009.

Those are her words, not mine.

And when she said that, obviously it had a profound impact on me, I'm thinking, wow, I knew it was bad, but I didn't realize it was getting

GFC bad. So what I want to do is go into what they just came out and announced as far as their quote-unquote stimulus what they're doing to really try to impact this what is effectively an economic crisis. I mean I don't think there's any other way to describe it and especially when you look at their real estate market which was the majority of the now I mean you want to talk about bizuka this is not the stimulus of all

stimulus and I think that's another interesting juxtaposition comparing what

China is doing now to what we did in 2020 and how they may get differing results.

But then also I want to go over what they're doing and then think through, okay, wait a minute here.

If what happened in the United States during 2008,

2009, if that spread to the entire world, therefore a global financial crisis, not a US financial crisis, not a subprime financial crisis,

not a housing financial crisis but a global financial crisis.

If that was triggered by what was happening in the United States,

then we have to ask the question.

If Lynn is right, and if China is going through effectively the exact same thing,

could that what they came out and made an announcement,

which I think is extremely rare

that they would actually do like a press conference

to where they kind of try to come out and talk up the markets like

...