Billionaire investor Mark Mobius says China is not letting him take money out of the country

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GeneralGogol

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https://markets.businessinsider.com...ting-outflows-markets-strategy-jinping-2023-3
I have to admit I do have some schadenfreude to see that the guy that spent decades saying that the West is bad and Emerging Markets are good, gets burned

Let's also take some time to enjoy his god-awful predictions, just like all doomer predictions:

2018: Mark Mobius predicts 30% market correction
2018: Veteran investor Mark Mobius predicts worldwide financial crisis
2019: 'Bullish' Mark Mobius: Gold Price to Double in 10 Years​

2022: Mark Mobius Predicts BTC To Decline To 10K Level In Extended Crypto Winter


Last edited: Mar 5, 2023
 
It's almost like there is an invention to hedge against governments and banks that he didn't understand fully... hmmm...

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