China Just Escalated Their Brutal Persecution Of Christians To An Entirely New Level

by Michael Snyder Be very thankful that you don’t live in China.  Approximately one out of every seven people on the entire planet lives in China, and it has become one of the most dystopian societies that the world has ever seen.  Surveillance cameras, government spies and facial recognition scanners are everywhere, and the totalitarian … Read more

Latest data is out. Folks who hoped the Renminbi would break the dollar hegemony have to be very patient.

By Wolf Richter for WOLF STREET. The US economy and financial system – including being able to maintain and fund the gargantuan trade deficits and fiscal deficits – has become reliant on the dollar being the dominant global reserve currency. And the IMF just released its next installment on how this status has been changing. Total foreign exchange … Read more

New year cheer for stocks as rally rumbles on

Stocks rose to all-time highs on Thursday as the strong rally in 2019 was set to continue in the first trading day of the new year. The Dow Jones Industrial Average advanced 116 points, or 0.4%. The S&P 500 traded 0.2% higher while the Nasdaq Composite gained 0.5%. Chip stocks led the way on Wall Street. Advanced Micro Devices was up by … Read more