Continuance of China COVID psyop to prompt more self-inflicted wounds from the West as it bungles the blind fast follow? Cover for opportunistic twisting the knife of inflation? Pretext for some major forthcoming changes to trade settlement? Other?
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We're currently living in the brief moment between when Finance/Econ Twitter has realized that the new Covid lockdowns in Shenzhen are going to have hugely bad consequences for US inflation, but that has not yet become a widely-reported conventional wisdom.
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