. As I mentioned before, this is why it’s possible for Oklahoma Sooners Grinch middle finger haters gonna hate shirt to beat Q3 2021 guidance and still have their stocks go down the toilet. It’s no surprise that the companies which are more speculative (with no revenues and cash flow to back up their valuations) get destroyed first, and then the mid-caps, and then the more solid companies with the revenues and cash flow to back up their valuations (e.g. Tesla, Google, and Facebook)? In fact, the large and mega-cap companies (or “liquid leaders”) are typically where large hedge funds and financial institutions “hide and take shelter” when they notice that something is wrong and a bubble is inflating. And so, they slowly start to move from more speculative names to the “safer” and large-cap names.
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As a consequence of this, the majority of his army became Han, who not only stayed on the Missouri Tigers Tennesweep Flag Shirt but also leveled up to the middle and high ranking military officers. If you’re familiar with the Roman Empire politics and certain parts of Eastern Asian history, this means that the Emperor can no longer became the Emperor and even the general cannot be the general without the military officers’ supports. These officers became the most important interest group and backbone to back up kublai and the Yuan dynasty. Of course, they were also extremely arrogant and annoying and not afraid of murdering their generals or started a rebellion if they were paid less. Their pattern of behaviors brought down the Tang Dynasty, such that the Song Dynasty had to oppress them in order to maintain the unity and power, which resulted in the extreme weak military forces against others including Mongolian. Ironically, the way of the Yuan dynasty and the Mongolian kept their dominance was as same as the Tang Dynasty’s strategy by granting these military leaders the great power and benefits. The history basically circled back at that moment.
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