China Imposes New Capital Controls, Targets Foreign Real Estate Purchases, as Yuan Falls to 11-Year Low

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “Wiring money overseas is not allowed for the purposes of purchasing real estate or insurance products”: banker in China China’s State Administration of Foreign Exchange (SAFE) has rolled out a new set of currency controls to crack down on capital flight from China to other countries, particularly targeting real estate investments … Read more

Trust Us, We Work For The Government

Authored by Sarah Cowgill via LibertyNation.com, Big tech is in the throes of a heady, voyeuristic power ride:  Siri is listening to people having sex, Alexa is gathering intel inside the home to target advertising, and the smart television is, in reality, watching you.  How Americans have accepted this invasion of privacy is beyond the pale. But it is also commonplace for … Read more