BY TYLER DURDEN
SUNDAY, MAR 13, 2022 - 07:07 PM
With war raging across the world's bread basket, risk of World War 3 the highest it has been since the Cuban missile crisis, commodities hitting new all time highs every single day, inflation (even the watered down CPI version) set to hit 10% in a few months, and the Fed rushing to hike rates so high it slams the US into a pre-scripted recession (as it somehow hopes to make a "soft landing" even as fed funds futures signal a hard landing and at least 50 bps of rate cuts after the burst of hiking is over later this year), it is easy to forget that China is still around.
So here is a vivid remind that not only has nothing been fixed in the country that single-handedly pulled the world out of depression during the GFC, but that things are going from bad to much worse.
https://www.zerohedge.com/markets/meanwhile-china-all-hell-breaking-loose
