"My estimation, as of this morning, somewhere between $500 to $700 billion worth of market capitalization that should be delisted, taken off the exchanges, add further pressure on the Chinese to come to the table," O’Leary said on "Mornings with Maria" Friday.
You're fighting a trade war built on top of the idea that China has to come to the table to negotiate because they're interlocked with your economy. If you delist all their companies and divest Chinese investors of American assets, you're literally gutting your own argument in favor of gobbling up a short-term gain, dipshit.
"I'm an investor. I take companies public on NASDAQ and the New York Stock Exchange. I pay millions of dollars each year in compliance. I have no choice but to be compliant and transparent and abide by [Generally Accepted Accounting Principles]. And right beside me, issuing shares without any guidance at all, are Chinese companies," O’Leary started.
"I'm competing for that dollar. I'm investing in our markets and being compliant, and my Chinese competitor, same bank I'm using, is going to institutions the same day on a road show and raising money for what's called a shadow share," he expanded. "It's not even a real share. They don't even have any rights. And they're taking my dollar."
Literally complaining he can't make effortless profit because a Chinese investor comes in, makes a deal with an American exchange or investment firm, and purchases a share with zero rights attached. This is a blackjack player complaining that someone else sat down at their main lucky table to play.
I can't tell if American capitalists are just entitled babies or if this is some ploy to shock doctrine half a trillion in domestic investment opportunities so they can snatch it up for cheap.
The long-term damages will be more relevant for Israel as a sizable portion of their population is now going to wonder if they have enough of a spine to squat on other's land when the other side starts shooting back in earnest. The average Israeli wasn't alive for the last time Israel was in a peer war and has never dealt with a real military raining ordinance down on their heads, and a tremendous number of them have multiple passports and can leave whenever. Iran doesn't have that problem.