I'm at the point where I'd respect govt more if they lied more brazenly. Deny SARS2 is spreading into vaxxed and use stock footage from Walking Dead to show what happens to unvaxxed.
There isn't a labor shortage. There's inflation. Printed money always creates immediate demand which creates a dislocation versus supply. Supply chains have been disrupted more by inflation than by the lockdowns.
Market has priced nothing negative in. It doesn't expect negative surprises, from China or anywhere else. The record of China doing bailouts during a bull market has lulled the market into complacency. In bear markets, bailouts don't inspire confidence.
Back in March 2008, Bear Stearns failed. I liquidated most of my stocks in April. People warned of more risk. There was a cover story about Fannie/Freddie risk in August 2008. Most blew it off because they believed it was priced in.
I don't know which way China's Evergrade situation will go. There's a case to be made for both a global contagion and a bailout from Chinese authorities. The behavior of the market means nothing until the potential risk passes.
Uttar Pradesh, using Ivermectin, had a total of 26 new cases and exactly THREE deaths. The US without Ivermectin has precisely 4889 times as many daily cases and 191 times as many deaths as Uttar Pradesh with Ivermectin. https://bit.ly/3hG7Cq1
Broke: Getting rid of friends for voting wrong Joke: Getting rid of friends for vaccination status Bespoke: Getting rid of friends who keep citing MSM sources and interacting with wackos online, but I repeat myself
Broke: Getting rid of friends for voting wrong Joke: Getting rid of friends for vaccination status Wired: Getting rid of friends who keep citing MSM sources and interacting with wackos online, but I repeat myself
Social media is the recruiting zone or to find your friends. Real social interaction is private. Even before privacy was really a thing, there were men-only clubs broken down by all manner of affiliation: religion, hobby, etc.
Now that people are starting to get fired for the mRNA therapy mandates, does anyone know what percentage of the civilian labor force hasn't been injected?