It's been almost a year since China "surprise" devalued the Yuan. The fact is they had been devaluing the Yuan since 2014 and they've been devaluing it ever since. The word "surprise" has absolutely no fucking meaning in a society full of zombies. The status quo now features non-stop lies and bullshit told by political circus clowns and attended by the obligatory daily mass killing alternating between the U.S. and Europe. All while 10x mass killings actually place across the rest of the world, all but ignored by the lamestream media...
In other words, risk has grown massively in the past year, but the burden of proof is still on us realists. Because it's lonely at the mega crash. That's what makes it a mega-crash...
Chinese Yuan
The Yuan accelerates lower when the Global stock "rally" ends...
Global GDP and Global Yields have plummeted in the past year...
Global deflation has collapsed, dragging oil down with it...
The Japanese carry trade has unwound at a rate last seen during the Asian Financial crisis...
Global Financials have been monkey hammered by negative interest rates
Corporate profits have imploded
The U.S. recovery was called off due to lack of Economy...
U.S. 2 year yield:
Gamblers fled to 4x overvalued recession stocks
Shorts covered
Cyclicals bounced
Zombies went ALL IN...
On Junk
The burden of proof was always on the realists.
Because it's ALWAYS lonely at the mega crash...
