🇺🇸📝 EndGame Macro: This chart signals a freight shock unfolding at near-Depression velocity. A 49% drop in global container bookings and 64% collapse in U.S. imports within one week mirrors the kind of disruption seen after the 1930 Smoot-Hawley Tariff Act except what took months to manifest in the Great Depression is now happening in real-time.
The synchronized plunge in U.S.–China trade lanes (imports down 64%, exports down 36%) confirms that the retaliatory tariff war is already constricting cross-border logistics, with downstream consequences for inventories, inflation prints, and FX liquidity. Credit to zerohedge for spotlighting this pivotal chart
471TO has brilliantly framed it: this is a 1930 redux except faster, more synchronized, and more intentional. He’s been ahead of this entire unfolding macro regime, from credit tightening to trade war timing to dollar reflexivity. If you aren’t already following him, correct that now. This isn’t just noise this is the start of a global trade breakdown.
🔗 EndGame Macro
🛢📈 — Reuters reports that oil is approaching $100 per barrel following the latest exchange of attacks between Americans and Iranians on oil tankers.
▶️The price of Brent crude has risen to $97.07 per barrel, while American WTI crude has risen to $92.28. In the past week, Brent has risen by 7.8%, while WTI has risen by nearly 10%.
▶️On Saturday, U.S. forces attacked three Iranian oil tankers, one of which was stationed near the island of Kharg, a key center for Iranian oil exports. In response, the Islamic Revolutionary Guard Corps announced attacks on three oil tankers in the Strait of Hormuz and three more U.S. ships.
▶️In this context, traffic through the Strait of Hormuz has sharply declined. Over the past 10 days, an average of only 10 cargo ships have transited the strait per day – the lowest level since May.
The WHO now states on its website:
Vaccination against COVID-19 can trigger multiple sclerosis through cross-reactive CD4+-T cells that recognize the spike protein of SARS-CoV-2 and myelin peptides.
In other words: Your own immune system destroys the nerve pathways and then attacks your brain and spinal cord.