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Now, we did have a big hiccup here.

 One of them is China. China has huge protests going on right now with the lockdowns. Honestly, there are two bad options for China. One, they double down on Zero COVID policy. This could get really bad where they're arresting citizens, they're using force, and they’re locking everybody up. Or China can do the opposite, just let everything go and end the “Zero COVID policy” and allow people to just freely roam around.

The reason why this is a big deal is, number one, it brings uncertainty, and every time you have uncertainty, you see dips in the market. The second thing is the outcomes are bad. Let's say they just open up and end the “Zero tolerance” policy. Probably China’s hospital systems would get overrun. China has been doing media control saying, "People are getting vaccinated. It's getting better," but overall they're not prepared for this. They're not like all the other countries that opened up allowing everyone to get infected with a milder version of Covid. This Chinese Covid situation is becoming a black swan event. We don't know exactly what's going to happen, but let's say they do open up, that could end up being a very pandemic-like situation for their stock market and that's going to impact the rest of the world.

 

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