Oil Incurs More Losses As Chinese Demand Suffers Under Zero Covid Policy

We should stop looking at China for salvation – China is busy surviving and it’s not because of COVID. Pretty much any country today is a Ponzi scheme but China dwarfs them all. The entire world is set for a massive correction and we will find out that much of what we thought of as an asset won’t be anymore – or be greatly diminished. What’s the solution? Not China! Not politics or politicians! Not more democracy or activism! Not reining in anything! No – the solution is only personal. Everyone will have to find a way to deal with less of everything. Forget China – it does not matter anymore. Neither does any other country. What matters is how you make yourself resilient. 

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