Sorry people, this is going to be the worst global recession of our lives. The USD is the only truly safe haven asset for mid to long term.

https://twitter.com/WifeyAlpha/status/1549696893579661313 💰 BofA July FMS: "A net 58% of fund managers said they're taking lower than normal risks, record that surpassed the survey's GFC levels." (via BBG) pic.twitter.com/sSACVuG6dH — Michael Goodwell (@MichaelGoodwell) July 19, 2022 pic.twitter.com/igt1jDaO6e — Michael Goodwell (@MichaelGoodwell) …

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First the collapse of Evergrande and now people can’t pull their money out of the bank. Feel like China might collapse first

by BoatSurfer600 Source: https://www.buzinessbytes.com/International/china-crushes-mass-protest-by-bank-depositors/cid8009375.htm China crushes mass protest by bank depositors demanding their life savings back https://edition.cnn.com/2022/07/10/china/china-henan-bank-depositors-protest-mic-intl-hnk/index.html This is huge. Don't know how this will end. Henan bank is NOT the only one that is having problems with liquidity. All four …

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These “Oil People” Are Clueless

by Chris Black I just stumbled upon this article and I was flabbergasted by the sheer ignorance on display. Many politicians are quick to blame oil companies, but the market is much more complicated than that.https://t.co/JnrzaYgkXD — OilPrice.com (@OilandEnergy) July …

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