I was wondering something similar with the intro to last night's "1 in 5 Containerships Globally Are Stuck Waiting Outside Congested Ports":
So just what is China up to with all the stupid?
A thread from Kyle Bass of Hayman Capital Management:
Whilst China hasn’t had any material problems with the virus from Wuhan in the past, it’s interesting that their draconian lockdowns (in conjunction with telegraphing the purchase of fewer cargos of LNG and crude) are forcing global economists to ratchet growth expectations 2/12
— 🇺🇸Kyle Bass🇺🇦 (@Jkylebass) April 13, 2022
negative territory happened to be the Chinese citizens traveling and spending abroad(they could only spend USD, EUR, YEN, etc).COVID abruptly halted Chinese travel,gave the CPC supreme censorship power (Chinese travelers no longer open to uncensored internet) 4/12
— 🇺🇸Kyle Bass🇺🇦 (@Jkylebass) April 13, 2022
....MUCH MORE (THREAD)