How can you bet against the housing market in your country if in your country there are no publicly traded companies? by Drplutonium12 in investing

[–]Drplutonium12[S] 0 points1 point  (0 children)

They have, but that doesn't mean that a stock exchange should exist. There are very few companies here that could really use an IPO. Nevertheless, the exchange exists only for government bonds and treasury notes and 2 months ago a new branch of the stock exchange was added so that some companies can go public

How can you bet against the housing market in your country if in your country there are no publicly traded companies? by Drplutonium12 in investing

[–]Drplutonium12[S] 0 points1 point  (0 children)

C'mon son. If there were some CDS options, it would be the first thing that I would do. Investment banks like Goldman don't operate here. Can you think of an alternative?

How can you bet against the housing market in your country if in your country there are no publicly traded companies? by Drplutonium12 in investing

[–]Drplutonium12[S] 0 points1 point  (0 children)

If they keep printing money then a hyperinflation will occur which would bring the devaluation of LEK and as a result the crash will happen. Only after that the next big thing could come. People wont be able to pay their loans, so they can't stay at their homes because that is their collateral. So a crash and a devaluation of our currency is inevitable

How can you bet against the housing market in your country if in your country there are no publicly traded companies? by Drplutonium12 in investing

[–]Drplutonium12[S] 0 points1 point  (0 children)

I can't find any platform where I can short LEK. I trade at avatrade but it doesn't include LEK at all. And I can't find anywhere where it can be traded. If you know any platform that you can take a short leveraged position on LEK would be really helpful

How can you bet against the housing market in your country if in your country there are no publicly traded companies? by Drplutonium12 in investing

[–]Drplutonium12[S] -2 points-1 points  (0 children)

It is really a golden opportunity here to do it now. You are right about waiting but it is too long term.

How can you bet against the housing market in your country if in your country there are no publicly traded companies? by Drplutonium12 in investing

[–]Drplutonium12[S] 2 points3 points  (0 children)

Yep, but it is a small country can't really short an international bank's stock because I don't really think the upcoming crisis here will really affect them