China sets the pace

Today, we have a two-fer #hottakeoftheday. The first was on President Biden’s executive order yesterday. It’s long, and if you aren’t a subscriber to the newsletter, you can find it on our website.

This one is about China. I remember giving speeches last year at this exact time saying “45 deaths a day?? From a country of 1.3 billion.” Please. This isn’t even a thing. Well, it turns out China lies about their numbers.

My good friend Mark Rossano and I now do a ‘Pre Game’ show for his Energy and Economy weekly videos and in his last one, he talks China. They are covering up the fact that their GDP growth isn’t as strong and can explain the upcoming miss on lockdowns. But that’s not all.

China is where the virus came from. They set the lockdown template. There is evidence they pushed a social media campaign in Italy to scare people. It worked. And the world responded with fear, lockdowns and crushed their own economies while China resumed on it’s merry way.

Don’t believe the hype from China on resumed lockdowns. Game Theory 101 would be to tell us they have locked down again to scare Biden and get us to react and not resume the trade war. Is it any wonder these lockdowns came out the same week as the US labeled them with genocide? We didn’t even say that about Syria.

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