This is not even a meme stock market anymore, this is a meme country. Not possible anywhere else in the world.
Where is that Indian GPT troll who bragged about Nvidia valuations recently and their stock market 'strength', haha?
Yeah, remember when those Indian trolls talked about the Chinese stock market here?
You can have 1000 gazillion virtual stock market valuations, but if tangible reality is not behind it (earnings, etc), it will pop.
Everything in the West is based on virtual swagger, whereas everything in China is based on tangible and stable real results.