#ecb appears to be #preparing for mass #eu #energy #company #defaults https://www.zerohedge.com/markets/ecb-sc.. It will be interesting to see what they do after, #bailout them or take them over. Given the #eu 's naturally #expansionist #behaviour , I expect they will look to #control them and therefore make the #nation #states #dependent on the #eu .
Hmm, it looks like #china 's #junk #bonds might be about to hit rock bottom, especially after multiple #property #market #defaults and #contagion sets it: https://www.zerohedge.com/markets/china-.. Apparently #chinese #properties are down 32% in #value - making up some third of China's #economy ... Not looking good at all.
Keeping an eye on the #shanghai #stock #exchange today, I really expect to see a #drop over the day. #china have had multiple #bond #defaults and will most definitely miss there #gdp targets, possibly even experiencing a #shrink for the first time in a long time. I really suspect it will #shock the #market ... We will see the result soon.
Yeah, the #us has to #choose between #debt #defaults or #inflation https://www.zerohedge.com/markets/death-.. The #us should let it ride, I think the #chinese #economy #crash will take attention away from an #american crash given the size of their problems - and the rest of the world would barely notice. They should use #china 's crash as a good excuse to #reset their own #economy ...