The bigger drama is in China, not Twitter

BloombergOpinion/John Authers/4-25-2022

“It’s never safe to ignore China. And it’s still too soon to forget about the pandemic. The country’s rapidly depreciating currency and especially the Covid lockdowns spreading from city to city are raising fears, yet again, of a Chinese shock to global growth.”

USAGOLD note: While watching the lockdown scenario develop in China yet again, it is easy to forget that this whole disastrous affair began there less than two and half years ago. Here we are again …… But who wants to be reminded?

cartoon bear wearing a mask Ramirez and words Wall St.

Cartoon courtesy of MichaelPRamirez.com

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