TheRealZed
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Xi Jinping has told the People’s Liberation Army to “focus all its energy on fighting” in preparation for war, a Chinese Communist party mouthpiece has reported.
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Xi said the army must “comprehensively strengthen military training in preparation for war”, having warned at a recent party congress of “dangerous storms” on the horizon.
“Focus all [your] energy on fighting, work hard on fighting and improve [your] capability to win,” he was quoted as saying. The army must also “resolutely defend national sovereignty and national security” as China was in an “unstable and uncertain” security situation, he reportedly said.
While Xi also ordered the army to focus on war preparation in 2013, soon after he took power, and again in 2017, political analysts say he has markedly stepped up his rhetoric this time. In a similar visit to the command centre in 2016, he told officers to be “loyal” and “resourceful” in fighting and “courageous and capable of winning wars”.
“He is sending a message to the United States and Taiwan,” said Willy Lam, a senior fellow at the Washington-based Jamestown Foundation. ...
Michael Pento: Stocks To Fall 30-60% Until A True Fed Pivot Happens
40m
A year ago when today's expert appeared on this channel, he warned of an approaching bear market & economic deceleration.
Specifically, he predicted these would be caused by the simultaneous shutoff of the $trilions of government stimulus issued in the year following the global pandemic -- the largest monetary & fiscal cliffs in history.
Fast forward to today & well, his outlook was right on the money.
So what does he see in store as we head into next year? To find out, we're fortunate to welcome macro analyst & money manager Michael Pento back to the program.
But he can sorta read.
Moron can't even speak.
Somebody had a little extra time on their hands todayFor chits and giggles gold with new and full moons...
Somebody had a little extra time on their hands today
the US is destroying the EU.
Right thread?
Rafi correctly, IMO, points to what really kicks off Hyper-Inflation. And I think we are going to see it start soon in Europe, Because they are shutting down their industry due to high energy prices.
Well the EU must be full of lunatics to willingly commit financial suicide.Right thread?
World is full of lunatics - a special brand of em hang out here on the fringe. I think the thread owner is granted a wide berth regarding fodder for discussion, but for most of us it is about market and trade chat. 2cWell the EU must be full of lunatics to willingly commit financial suicide.
The No. 2 official at the U.S. central bank said Monday that policymakers are likely to soon slow down from the pace of interest rate hikes from the historically large increases seen since June.
“I think it will probably be appropriate soon to choose a slower pace of increases,” Brainard said in an interview with Bloomberg.
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Fed's Brainard says appropriate 'soon' to step down to slower pace of rate hikes
Fed Vice Chairman Lael Brainard says it will be appropriate to soon slow the pace of the central bank's rate hikeswww.marketwatch.com
Everyone is trying to front run the Fed. That's almost the only thing driving markets anymore.
Major crash?Smashing into the wall in 23!
U.S. wholesale prices rose just 0.2% in October, a fourth straight soft reading that suggests inflation is on the wane after hitting a 40-year high earlier in the year.
Economists polled by The Wall Street Journal had forecast a 0.4% gain. The smaller-than-expected increase gave a boost to U.S. stocks in premarket trades and sent interest rates on the 10-year Treasury lower.
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A prediction...
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