Chart: Chinese Navy vs US Navy
China commissioned more missile capacity than the entire British Royal Navy last year
World Population Growth Capacity Ex-Africa Has Peaked
See Japan post-1998
No, Russia Did Not Make the Ruble Gold-Backed
Nothing of the sort
Anne Stevenson-Yang: China Going to Start Exporting Deflation. Using RMB Is Like Barter
“there just isn’t enough money in the channels”
Forcing Payment in Rubles Doesn’t Change Much from a Reserve Currency Standpoint
Russia just doesn’t matter that much to the Global Reserve system
Leland Miller: Chinese Recovery Could Happen Quicker Than People Expect
“Rates are curiously high right now'”
Mortgage Rates Near Decade Highs; Rising at Fastest Pace Since 1980
House Bubble 2.0
Chart: China PMIs Looking Terrible
A recession in all but name
Chart: Real Disposable Income Drops Below Pre-Covid Trend
The inflation tax