China economy about to collapse which is looking like a reality now. There water supplies are running out which means farmers can't water their crops which means a food shortage.
Their vaccines do not work which is why they are in constant lock downs which is destroying their economy. Then ether is the property crash in China.
Its all looking like they are in a financial disaster of their own making. They are arming for war but forgot about their own people and that is going to be an issue for them as the last 20 revolutions in China all ended badly for the ones in power.
There is only so much anyone can put up with and when the food runs out rebellion takes over.
If China goes down the tube then we all follow and so does every other country.
If China goes under at least FMG will soon be selling hydrogen and green steel to get income. AF has stated many times he expects green hydrogen to make much more money than iron ore.
Be thankful AF had the foresight to not to be a one trick pony otherwise FMG would go down the rabbit hole too.
FMG Price at posting:
$14.70 Sentiment: Buy Disclosure: Held
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