China's Star Rises As US Goes Nova
The US stock market responds to the price of oil the exact same way the Nikkei reacts to how weak or strong the yen is in relation to the dollar. Congress finally reacted to record oil prices and are suppressing the gnomic activities in the oil futures markets. But the main story today is China: the US still likes to pretend the 21st century will be the Unipolar world dominated by the US. Instead, we will be the frozen North Pole and China will be the red hot momma economy. And Zimbabwe hits a physical wall: they can no longer print money faster than the dread Inflation Goddess. Now, the army will revolt due to lack of pay.
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