As if the global economic condition were not severe enough after months of devastating impacts wrought by the COVID-19 pandemic, investors are warning that the possible collapse of a major Chinese real estate development company named Evergrande could trigger a liquidity crisis similar to the one that occurred in late 2008, leading to a multi-year global recession.
As far as I can tell, this is what we are now supposed to believe as Americans, in this first year of the Glorious Deep State's Blessed and Eternal Reign.
More than a week after President Joe Biden announced his ineffective plan for the clogged Los Angeles ports to increase their work hours, California Gov. Gavin Newsom has finally issued an executive order “to address state, national and global supply chain challenges” at the ports.