This is eye opening! Kathy Woods is calling a China collapse of sorts. And apparently metals too? Will this open the door for a new economic boom at home? Curb inflation?
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All of those severe anti Covid lockdowns in China must have a negative impact on their economy.
But I will leave figuring out China to others. It is far away and most news from there can not be trusted. A weakness of a totalitarian orders from the top system has always been that the feedback from those lower down will be biased, telling officials higher up what they want to hear. Rather than the truth.
Can isolation and lockdowns even work against a highly contagious disease like the new Covid varieties? Not in the free world,but maybe in China. Time will tell.
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