THE CHINA CRASH IS NOW

I had some time to think about all of these “convergences of depravity.” The singular thing that has held together this house of cards was the Federal Reserve and the specter of grandiose growth out of China. Well, the Fed is threatening to raise rates and China is in full blown panic mode, a la Thai crisis of 1998.

This is what I am going to do and have been doing for the past hour.

I am getting the fuck of Dodge. This tape is tenuous and teetering on the brink of a full blown rout. There isn’t anything you can do or say to change my mind. There isn’t anyway to paper over this shit, as the mongrels from China drive their shitty cars into American walls made from granite. We are going to sell their stocks, and any stock that has exposure to China, until it is in the dirt, swimming with the worms.

I am a fantastic seller here.