Almost four years ago we pointed out something striking: while the world was still busy recovering from the covid Pandemic and suffering under soaring inflation – as seemingly everything was suddenly in short supply and prices were soaring – China was busy stockpiling pretty much everything at an unprecedented pace. Quoting a JPM report from March 2022 we noted that “while the world is short on commodities, China is not given they have started stockpiling commodities since 2019 and currently hold 80% of global copper inventories, 70% of corn, 51% of wheat, 46% of soybeans, 70% of crude oil, and over 20% of global aluminum inventories.”
Almost as if China was preparing for its inevitable invasion of Taiwan.
aoc says we will defend Taiwan
Yeah right………..she ought to know.