There’s too many conditions lining up to stop the economic shitstorm that’s coming.
US and Chinese real estate.
Bank of China, Bank of England, REITs, Vanguard, BlackRock, etc exposure to real estate.
Credit Suisse, Deutsche Bank, et al health
Energy and diesel prices
TSMC cut 50% of output
Rail strike
Inflation
China hasn’t released GDP numbers for three straight quarters
Unrest in Iran and China
Iran nukes and Israel
Turkey and Iraq/Syria
Ukr v Rus
Etc.
You left out the U.S. voting to NOT let the big money folks fund Guyana drilling for their sweet crude to the tune of approx 11 billion barrels per joementia’s anti oil screed. Guess who stepped in to pony up the funding. Yup. Chi-nuh! They can load up their tankers and transit the Panama Canal that they operate now. After all the heavy crap that may come out of venezoola will suit us just fine for the little time we have left to use “fossil fuels”. We got a fossil FOOL running things.