Among the outcomes of the current La Nina, which might be morphing into a huge La Nina, is, yikes, more rain for Australia, severe cold in Jan. for the northeast US, and extreme weather in China.
And with La Nina still skipping coolly across the Pacific, more may be yet to come.
It would indeed be the ultimate black swan if La Niña pushed Chinese inflation into a cycle-busting inflation spike.
Via Naked Capitalism, who has more.