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Big Brother Arrives: China Bans People With “Bad Social Credit” From Planes, Trains
Big Brother Arrives: China Bans People With “Bad Social Credit” From Planes, Trains Two years ago, we reported that various cities throughout China are currently piloting a “social-credit system” that will assign a “personal citizen score” to every single person based on behavior such as spending habits, turnstile violations and filial piety. Hangzhou’s local government […]
Emperor Xi Delivers Stark Warning To Trump: Hands Off Taiwan
Emperor Xi Delivers Stark Warning To Trump: Hands Off Taiwan President Donald Trump may have kicked the hornet’s nest by signing on Friday the “Taiwanese Travel Act”, encouraging official visits to Taiwan by officials at all levels with an emphasis on “national security officials.” The signing angered the newly crowned Chinese President Emperor Xi Jinping, […]
Turkey’s Erdogan Vows New Military Operations Into Eastern Syria And Sinjar, Iraq
Turkey’s Erdogan Vows New Military Operations Into Eastern Syria And Sinjar, Iraq Following Turkey’s two-month long invasion of Northern Syria and subsequent takeover of the predominantly Kurdish town of Afrin, the logical question that remains is: what ‘s next for the ‘Mad Sultan’ Erdogan? President Recep Tayyip Erdogan’s Sunday victory speech didn’t lack for the […]
An Unexpected Warning From Goldman Sachs: “Markets Themselves” Will Cause The Next Crash
An Unexpected Warning From Goldman Sachs: “Markets Themselves” Will Cause The Next Crash It all started nearly 9 years ago to the day, when in April 2009 we wrote, “The Incredibly Shrinking Market Liquidity, Or The Upcoming Black Swan Of Black Swans“, in which we explained how as a result of the growing influence of […]
DiMartino Booth: It Won’t Take Much More For The Fed To Break The Markets
DiMartino Booth: It Won’t Take Much More For The Fed To Break The Markets Via Financial Sense, The following is a summary of our recent FS Insider podcast, “Danielle DiMartino Booth: Problems at the Fed, More Volatility for the Markets.” Danielle DiMartino Booth, founder of Money Strong and author of Fed Up: An Insider’s Take on Why the Federal Reserve Is […]
74% Of Americans Believe The “Deep State” Is Running The Country
74% Of Americans Believe The “Deep State” Is Running The Country For the past two years, the long-running narrative, at least that promulgated by the mainstream media which continues to “explain away” Hillary Clinton’s loss to Donald Trump, is that Americans had fallen for a massive, long-running fake news scam (in part aided and abetted […]
Edward Snowden: Facebook Is A Surveillance Company Rebranded As “Social Media”
Edward Snowden: Facebook Is A Surveillance Company Rebranded As “Social Media” NSA whistleblower and former CIA employee Edward Snowden slammed Facebook in a Saturday tweet following the suspension of Strategic Communication Laboratories (SCL) and its political data analytics firm, Cambridge Analytica, over what Facebook says was imporoper use of collected data. In a nutshell, in […]
Russia Expels 23 British Diplomats In Retaliation
Russia Expels 23 British Diplomats In Retaliation Having warned it would retaliate proportionately, this morning Russia did just that when it expelled 23 British diplomats – the same number as the UK kicked out a few days earlier as punishment for Moscow’s alleged poisoning of a former double agent. It also ordered the closure of […]
US National Debt Hits $21 Trillion
US National Debt Hits $21 Trillion For 8 years, we took every opportunity to point out that under Barack Obama’s administration, US debt was rising at a alarmingly rapid rate, having nearly doubled, surging by $9.3 trillion during Obama’s 8 years. It now appears that the trajectory of US debt under the Trump administration will […]
Syrian War For Dummies – Three Versions
Syrian War For Dummies – Three Versions As the Ghouta campaign continues to unfold, we should expect that both politicians and mainstream media will give us – in the words of philosopher and theologian Reinhold Niebuhr – “necessary illusion and emotionally potent oversimplifications” intended to shape our perceptions of events. It goes without saying that such […]
Russia Mulls Additional Trillion Ruble Bailout For Failing Banks
Russia Mulls Additional Trillion Ruble Bailout For Failing Banks In August 2017 we noted Russia’s largest private lender was in trouble and required a bailout. Then a month later, a second bank hit the wall and was bailed out. And now, five months later, Russia’s central bank is mulling a further capital injection of a […]
“Where Will It Stop?”: Libor Spread Blows Out Beyond Eurocrisis Highs, Central Banks Intervention Awaited
“Where Will It Stop?”: Libor Spread Blows Out Beyond Eurocrisis Highs, Central Banks Intervention Awaited Until two days ago, the critical level for both the Libor-OIS and FRA-OIS spread was the “psychological level” of 50bps. This, however, was breached on Wednesday when as we reported Libor pushed significantly higher without a matching move in swaps. […]
“Shocking And Unforgivable”: Russia To Expel UK Diplomats, Expand US “Blacklist” As Crisis Deepens
“Shocking And Unforgivable”: Russia To Expel UK Diplomats, Expand US “Blacklist” As Crisis Deepens As relations between Russia and the west crash to a new post-Cold War low in the aftermath of the nerve agent attack on a former Russian double agent in the UK, Russia was set to expel British diplomats in retaliation for […]
Russia Blamed For Attacks On US Power Grid Starting In 2016
Russia Blamed For Attacks On US Power Grid Starting In 2016 The Trump administration has blamed the Russian government for a series of cyber attacks targeting American and European nuclear power plants and other critical utilities dating back at least two years – raising fears that the Kremlin could disrupt the West’s critical infrastructure in the event […]
Was Russian Spy Poisoned To Avert Brexit?
Was Russian Spy Poisoned To Avert Brexit? In July 2003, Dr. David Kelly, a British weapons inspector who disclosed to the media that Tony Blair’s government’s dossier on Iraq’s weapons of mass destruction was “sexed up,” was found dead in a public park a mile away from his home. The inquiry into his death concluded […]
