Monday, March 14, 2022

The Nickel Panic Is Over

China has backed their tycoon "Big Shot" in making his margin call. Banking intermediaries are happy again, and the nickel markets are set to open again on Wednesday. 

It's probably good news for the U.S. that China took care of this. But bailing out their tycoons is not a bright thing for them to do, macroeconomically speaking.

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