Hong Kong ‘BBC’ Ordered To Support China National Security…

China has further curtailed press freedoms in Hong Kong after staff at the territory’s embattled public broadcaster were forced to support national security laws and the interests of the Chinese government. Radio Television Hong Kong (RTHK), founded in 1928, is the only publicly funded media outlet on Chinese soil and is sometimes compared to the … Read more

Ranked: The Top 10 Richest People on the Planet

by visualcapitalist The top 10 richest people on the planet have a combined net worth of $1.4 trillion. For some context, that’s roughly the same size as Australia’s GDP. Who are these ultra-wealthy individuals, and what’s the source of their wealth? Here’s a look at the top 10 richest people on the planet, and how they’ve made their … Read more

Fitch Ratings downgrades Evergrande to a “C” from “CC” which means “Near Default”

Settling debts with your cousin in China pic.twitter.com/YiZSGBCuX8 — The Long View (@HayekAndKeynes) September 29, 2021 #Evergrande crisis is spreading to global soccer market:#FabioCannavaro, head coach of Guangzhou Evergrande FC, has left his post by mutual consent, the club confirmed on Tuesday, leaving the FC's future in doubt. — ChinaPropertyFocus (@ChinaPropFocus) September 29, 2021

The Market Crash Nobody Thinks Is Possible Is Coming

by Charles Hugh-Smith The banquet of consequences is being served, and risk-off crashes are, like revenge, best served cold. The ideal setup for a crash is a consensus that a crash is impossible–in other words, just like the present: sure, there are carefully measured murmurings about a “correction” but nobody with anything to lose in the … Read more

The Fed’s ‘Dangerous’ Path Toward Debt Monetization

by: Stefan Gleason A prominent U.S. Senator just called the head of the nation’s central bank “dangerous.” Unfortunately, the true dangers of U.S. monetary and fiscal policy were lost on everyone involved. On Tuesday, Federal Reserve Chairman Jerome Powell testified before the Senate banking committee, where Senator Elizabeth Warren led the left wing of the … Read more

Man dies after waking up with bat on neck…

SPRINGFIELD, Ill. (WBBM NEWSRADIO) — Illinois has recorded its first human case of rabies since 1954, state and suburban public health officials said Tuesday. Now, people are being urged to take precautions if they come into contact with bats. According to the Lake County Health Department, in mid-August, a man in his 80s in north suburban … Read more