Hong Kong is struggling. Expats have left in droves and a recent poll indicates 38% of all university students in Hong Kong would leave if they were given a change. That is not a recipe for a thriving city.

In this episode, Austin and Cody discuss how the financial hub of Asia went from a shining jewel that attracted talent from all over the globe to a dying city.

We’ll also discuss why billionaire hedge fund managers, including Bill Ackman, are lining up to bet against the Hong Kong dollar.

Chapters:

00:00 - Intro

01:12 - What’s going on in Hong Kong?

03:31 - Why Hong Kong is important

06:37 - What’s going to happen in the future and how to profit from it

08:36 - Why the HK dollar might de-peg

10:26 - Bill Ackman’s bet against them

11:34 - The Macau dollar hustle

17:55 - Where the Hong Kongers are going

20:37 - Where the Expats are going instead of Hong Kong

23:32 - Why Thailand is taking off right now

24:28 - Austin left LA for Thailand and Namibia

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