The chart of the week is courtesy Bloomberg and shows the maniacal credit boom in china. The credit to GDP ratio in China has breached historical levels and has entered into dangerous territory eclipsing levels seen before recent busts in 2008 and 2015. Another hard landing looks certain:
Covid-19 Linked To Higher Risk Of Developing Autoimmune Inflammatory
Rheumatic Diseases
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An acute Covid-19 infection could be linked to a higher risk of developing
autoimmune inflammatory rheumatic diseases up to 12 months after getting
infected.
49 minutes ago