China Can't Catch a Break, Now a Fish Epidemic?

First it was the 16,000 dead pigs flowing down the Huangpu river which is the local water supply for Shanghai, then Black Swans were mysteriously dying, you probably heard about the Chicken Cull because of at least 6 dead of the H7N9 Bird flu. Now it's fish, thousands of them from another river in Shanghai.

This doesn't sound like economic news, but considering pigs make up the bulk of Chinese food and the mystery illness and China already having the highest food cost/inflation of al developed nations, this could turn in to a real inflationary problem in a country that already ha a bad inflation problem courtesy of the G7 and more specifically Japan.

China, unlike most other nations, has been pulling money out of its economy through repos, however the newly created money from all over the world and right next door from Japan has been finding its way in to the housing market causing the Chinese to put housing curbs in place to tame inflation (1 house per single family).

Watch this inflation problem in China, things could get ugly very quick, I mean Black Swans?