KK master’s prediction trilogy: 13 must-pass paths for China’s property market
1. Open the gate and release water (completed)
2. House prices soar (completed)
3. Selling land to solve local government debt crisis (completed)
4. Drive RMB deposits into the property market (completed)
5. The biggest “enemy” of the State Administration of Foreign Exchange has disappeared, and foreign exchange is temporarily safe (completed)
6. Follow the US imperialism to tighten currency (completed)
7. Banks transfer most of their risks through CDS (completed)
8. Limit the creation of ceilings, puncture the bubble, and reduce housing prices (currently, policies are being issued frequently, and the property market is divided, with rises and falls)
9. High-end acquisitions or investors are unable to cash out, and RMB funds are successfully locked (basically achieved, various places have successively introduced sales restriction policies, and real estate speculation has gradually been eliminated by the market)
10. Land fiscal transformation (under implementation, 17-year lease rights, leased land, shared property rights, land fiscal revenue begins to be transferred to taxation)
11. Introduce real estate tax to completely kill off harmless retail investors (to be implemented later)
12. Drive remaining funds back into the entity and preserve employment (ongoing)
13. RMB internationalization (more and more countries are beginning to abandon the US dollar and use RMB)
Master KK once predicted that "Bitcoin will become a global currency" and began to buy Bitcoin in large quantities around 2017. At that time, the price of Bitcoin was still relatively low, but KK believed that Bitcoin had great potential, so he began to buy in large quantities. By the end of 2017, the price of Bitcoin suddenly soared, reaching a historical high of nearly $20,000. Although the price of Bitcoin has since declined, it is still a very valuable digital currency.
