Those good years won’t come back.
The Yuan Has Arrived – at Elite Club for the biggest Currency Warriors.
Something mucked up the equation.
But it “shouldn’t lead to an outright crisis,” like the Financial Crisis, “at this point in time.”
“Ripples are now spreading to other key markets.”
Suddenly demand for diesel, gasoline, and jet fuel gets hit.
Just when you thought it couldn’t get worse…
Bitter reality is setting in.
Overcapacity “will be even greater than in 2009.”
Scary chart of a staggering reversal.