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.


Some other interesting facts relating to the number 8.


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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