“About $1 trillion worth of stocks listed in China’s two main markets, Shanghai or Shenzhen, are being pledged as collateral for loans. This trend has exploded in the past three years.”
“Beijing once again changed the game with their aggressive deleveraging campaign, which sent shadow credit creation crashing to record lows just last month.”
“Former President Richard Nixon arm-twisted Arthur Burns to maintain loose monetary policy as Nixon sought re-election in 1972. That didn’t work out particularly well: As the 1970s economy continued to grow, inflation took root thanks to low rates and remained stubbornly in place until the early 1980s.”
Read more: https://www.cnbc.com/2018/07/19/trumps-fed-criticism-is-nearly-without-precedent-in-us-history.html
“U.S. border officials won’t release the money, deeming it ‘counterfeit.'”
“The three asserted that they had no choice but to use taxpayer money to stabilize the financial institutions. Paulson said, ‘I was totally ineffective at having the American people understand that what we were doing was for them and not for Wall Street.'”
Read more: https://apnews.com/f0c5c2a63f16473e999f64312039dbe2
“Global foreign direct investment flows were down 18% in 2017 from the previous year and nearly 24% from its post-recession high in 2015, which the OECD attributed to a surge in financial and corporate restructuring.”
Read more: https://money.cnn.com/2018/07/11/news/economy/foreign-direct-investment-2017/index.html
“Bringing in more tax revenues doesn’t help if spending goes up even faster. And that has, unfortunately, been the case, as the GOP-controlled Congress has gone on a spending spree.”
Read more: http://blog.independent.org/2018/07/16/u-s-collects-record-tax-revenue-but-deficits-keep-piling-up/
“The major culprits in Malaysia’s epic 1MDB financial scandal may already have destroyed much of the evidence against them but newly minted Finance Minister Lim Guan Eng is confident a global money trail will reveal the truth.”
“More than a year later, state and federal officials don’t know where the plutonium – one of the most valuable and dangerous substances on earth – is. Nor has the cesium been recovered.”
“RDP administrators have been slow to adopt techniques like two-factor authentication and rate-limiting, which could prevent attacks like this one.”
Read more: https://www.theverge.com/2018/7/11/17559510/airport-security-login-rdp-attack-dark-web