Why I think China will declare war and invade Taiwan on August 8 via /r/wallstreetbets #stocks #wallstreetbets #investing


Why I think China will declare war and invade Taiwan on August 8

So you're probably wondering what's so special about August 8. To understand this, you will need a quick lesson on the significance of the number 8 in China.

The number 8 is considered a lucky number in Chinese culture and is associated with wealth. They also believe that more 8's are better. (Example: 888 > 88 > 8)

So then why does everything point to August 8? August 8, written as a date, is 8/8. What's more, is that the Chinese have used this date in the past for significant events.

https://preview.redd.it/oe2h4k8wmvf91.png?width=1766&format=png&auto=webp&s=51155dedd7cadb97afde433aa957a5fadb13a5e2

Some other interesting facts relating to the number 8.

https://preview.redd.it/amv3mw4ymvf91.png?width=1013&format=png&auto=webp&s=128287640a36d0e764facee42733f3df06dc48b6

So what can we do with this information?

The stock market will crash hard if a war breaks out. I will be looking to add $SPY puts today heading into the weekend. Additionally, I will look at $TSM puts since Taiwan's semiconductor manufacturing company will be rendered useless if war breaks out.

Submitted August 05, 2022 at 01:03PM by vedic9
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