What A Time To Be Alive
Chinese banking system on the verge of collapse, developers are bankrupt, housing ponzi unraveling. Worldwide contraction starting or about to start.
ECB seems to be also considering 75% increase....
Recession in EU is imminent
US trying to control inflation, higher chances with hawkish rates increase in september, maybe even oct-nov with 50%
I still expect a bailout for banks in 2023, like always
same unemployment higher than whatever they target next year
inflation still higher than whatever governments target
anyway, so maybe we can expect new low before september 🤔
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