Tuesday, July 16, 2024

This morning's prompt is 'locket'.


Stuff!


The yuan is not a store of value. Every time the prc tries open up financially and become a reserve currency, a trillion dollars worth of internal wealth leaves the country and they slam the door closed again. Very little domestic demand, and less demand for less cheap imports every month...

If China goes to war,  half their imported oil and half their imported food goes to some other port or to the bottom of the sea.

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