Brat
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I have been watching Russia and China and listening to analysts' opinions on geopolitics. The oil business (and frankly grain as well) is turning on its head, frankly, oil $120+/barrell by September would not surprise me at all. There is nothing the Fed can do to impact the resulting inflation. The loss of grain will result in famine causing riots and political instability in many developing countries.
China... for some reason Xi refuses to buy an effective vaccine, all the shutdowns in the world will not stop a virus more contagious than measles. The supply chain dependent on China is breaking, moving to SE Asia or returning to N. America. Add that to an imploding demographic (one child) and an aged population cheap manufacturing labor is disappearing. Not only is their housing market collapsing I read that small banks are running out of cash (no loans to businesses because of the lockup and few customers depositing wages). Xi has more problems than he can solve.
I moved much to cash a couple of months ago. My investment here on out will be US-centered.
China... for some reason Xi refuses to buy an effective vaccine, all the shutdowns in the world will not stop a virus more contagious than measles. The supply chain dependent on China is breaking, moving to SE Asia or returning to N. America. Add that to an imploding demographic (one child) and an aged population cheap manufacturing labor is disappearing. Not only is their housing market collapsing I read that small banks are running out of cash (no loans to businesses because of the lockup and few customers depositing wages). Xi has more problems than he can solve.
I moved much to cash a couple of months ago. My investment here on out will be US-centered.
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