I’ve called short on Hongkong Land last Sunday (26 April) on my Pateron page to my big amount of followers (1 finally), you can support me at $1/monthly or at $5/monthly with information you can act on before the market opens. Real-Estate Outlook in General My take on Covid still stand rather pessimistic, with another 11,000 stores just announced and completed closures (in the US), is just a matter of time for numbers to show up globally. My intuition Forgive me for not subscribing to MMT’s (modern monetary theory) “power”, I feel that imperfect financial intermediaries (banks) are what creates unrealistic forecast on potential policies. One main function of financial intermediaries is maturity transformation (liquidity provision into the economy), it reflects the risk of bank runs (not being able to fulfil its deposits). Basically, whatever money you’ve deposited cannot be withdrawn because the bank has already loan out all...