Global Economy Heading For “Mother Of All” Supply Chain Shocks As China Locks Down Ports

Sharing is Caring!

Over the past month, as Wall Street turned increasingly optimistic on US growth alongside the Fed, with consensus (shaped by the Fed’s leaks and jawboning) now virtually certain of a March rate hike, we have been repeatedly warning that after a huge policy error in 2021 when the Fed erroneously said that inflation is “transitory” (it wasn’t), the central bank is on pace to make another just as big policy mistake in 2022 by hiking as many as 4 times and also running off its massive balance sheet… right into a global growth slowdown.

www.zerohedge.com/economics/global-economy-heading-mother-all-supply-chain-shocks-china-locks-down-ports

See also  Biden claims America’s economy now ‘stronger than before the pandemic’
See also  “What we are very proud of, is that we penetrate the global cabinets of countries with our WEF Young Global Leaders… like Trudeau”
379 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.