Contagion! Evergrande, Inflation, Shortages and Fed Taper To Worsen Slowing Economy | Jim Bianco (PT1)

Wealthion - Be Financially Resilient · Sep 24, 2021 · 32m

The world has become a lot more volatile over the past few weeks. Markets are lurching up and down as investors have become suddenly concerned about contagion -- and not just from the new COVID variants, but contagion from the failure of big players in China, like Evergrande, and contagion from rising input costs caused by both stimulus and snarled global supply chains. A mind-boggling amount of money -- tens of trillions of dollars worth of monetary and fiscal stimulus -- has been issued around the world since the pandemic broke out last year. But the global economy is slowing fast, led by…