Southwest Airlines CEO cites worker “absenteeism” says there’s “no evidence” that crew shortages are related to vaccine “sickouts”. Seems like some credible tweets suggest otherwise. Does this qualify as “some evidence” or not?
Glad you asked. Here’s what is going on with this article & most financial media (propaganda for the masses).
No matter what the threat — Evergrande, Lehman, giant meteor, etc the crowd has to be reassured, or lied to that everything will be ok. Markets are psychological. (cont)
The media doesn’t exist to inform you, but to herd you. Wall Street doesn’t exist to make you money, but to make money off of you.
In a Ponzi scheme everything works until it doesn’t. Music stops. Game over.
Remember “Subprime is contained”? That’s what’s going on. The big lie.
Back to China — Xi doesn’t want a financial collapse and will try to prevent it. Can he? Idk, maybe. If so for how long? China’s economy only works with continuously high GDP, more consumption, population growth, etc.
Real estate is in China is > 30% of GDP and collapsing.
BREAKING: Xi Jinping will deliver an important speech this Saturday emphasizing reunification and resolutely opposing external forces' interference in the Taiwan Strait and opposition to Taiwan independence