Mcglone and others who predict a sharp economic downturn make sense to me. The 'transitory inflation' crowd became the 'soft landing' crowd so it's them who lack credibility. By the way, soft landing is out the window now. It's either recession or 'no landing' whereby we just live with high inflation.
India alone has the world's third largest purchasing power and you're calling China an economic loser? I mean c'mon man, they're pretty relevant.
I don't quite understand the vindictiveness.
Chart - TA, page-3207
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