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Inflation

Quite an interesting interview between Daniela Cambone of Stansberry Research and Brett Johnson of Santiago Capital on :
  • Inflation,
  • Fed,
  • USD and
  • Gold
  • plus a host of other matters such as
  • War and
  • Supply chain.

The knee bone is attached to the thigh bone.

gg
 
so what happened to all those containers ships floating outside of the Californian ports ( not to mention all those empty containers NOW , jamming up West Coast ports )

just asking 'cos the trucker shortage doesn't seem to have gone away
 
so what happened to all those containers ships floating outside of the Californian ports ( not to mention all those empty containers NOW , jamming up West Coast ports )

just asking 'cos the trucker shortage doesn't seem to have gone away
Shanghai reopening will make it worse
 
Probably a good idea to order Christmas presents early this year. I had a nightmare last year.
 
Christmas presents = throw my dogs a dead roo.

War in Ukraine, ships stuck in ports in China/US have not affected supply chains.
When realistically will China recover, the Ukraine war end to restore the supply chains.?

Before this occur the world is likely to go into recession. If this occurs reasonably quickly then interest rates will start going the other way.as we have deflationary pressures again. As the supply chains go back to normal deflation will increase.
 
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I'm not as pessimistic.

Globalisation will unwind rapidly and the old import export trade routes will quickly resume. Once goods, services and currencies flow freely again then inflation will settle.

China doesn't care about Russia. They in fact dislike them more than they do most Caucasian nations as they share borders with them and know how stuffed their economy and culture is outside Moscow and St. Petersburg.

China looks after China, they need the US, Australia and Japan, the UK and Western European countries.

gg
 
This may be true but my dogs won't know the difference.
 
recover ??

what makes you think China isn't doing exactly what it desires to do ?

after all they have no hesitation is publicly executing government ministers and officials deemed corrupt ( or harming Chinese interests )

to my thinking China needs to consolidate and strengthen internal structures , and i suspect they are doing that via a 'covid outbreak ' , now of course China could be 'shadow-sanctioning' the West using the same tactic , after all they did pledge to support Russia .

the Chinese might foresee a major contraction in Western economies and be adjusting policies to suit the change of status quo , after all do you really expect China to shrug off various threats and sanctions , China has already declared it can't trust the US ( and some other nations ) to keep to their commitments , and China does learn from history ( despite their Communist leanings )

i am NOT betting a Chinese recovery will benefit the West much at all ( and the Chinese remember the Opium Wars well , so understand Western business practices )

i will be trying for increased exposure to India hoping we ( the West ) will not completely trash that relationship as well
 
Shopping with my wife in the city. Sales are on she said, and here we are. Up to 50% off in David Jones, 30% in Myers, half the stuff made in China, clothes racks are overflowing.

What inflation and shortages?

 
Only caught the end of it on the radio, a Chinese fighter plane flies across the path of an Australian military (non-combat) plane shoots flares at it and then intentionally ejects debris into its flight path that gets sucked into its motors (no harm to anyone).

I can't find the story so apologies if incorrect, mod's to delete if not verified.

I don't think the world is how western leaders think it is.
 
Shopping with my wife in the city. Sales are on she said, and here we are. Up to 50% off in David Jones, 30% in Myers, half the stuff made in China, clothes racks are overflowing.

What inflation and shortages?

View attachment 142556
Building materials, food, cars, electricity, fuel, rent....lots of things that everyday people need.

I just bought a new vehicle, paid cash. I pick it up and drive it away in 2 years time (+- a few months). The dealer really has no clue if or when he has any vehicle to sell - 3 major brands he has a dealership for.
 

Did the incident cause a Sunday inflation jump?


 

Sometimes I forget those things. My petrol bill is half what it was 9 months ago, I organized a great contract with my energy supplier a month ago, food prices are up but we have adjusted and buy mostly vegetables in season. Holding off on any building ideas and property investing, waiting for those to crash.
 
does the aircraft count as a 'spy-plane ' i think it would , after all it MIGHT have been collecting signals data and other data , over contested islands , Australia might consider itself fortunate the plane was not forced to land at a Chinese airfield ( or destroyed )

after all the Chinese have shot down at least one 'wandering ' passenger liner in the past
 
I think the official response is that Australia will not be intimidated - are our leaders that stupid, I'm Australian and I'm intimidated because I'm not stupid.
 
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