Evergrande chairman pocketed $8 billion in dividends while forcing employees to lend company cash

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TAIPEI (Taiwan News) — New investigations by Forbes reveal Hsu Chia-yin (許家印), chairman of Evergrande Group (恆大集團), continued to stuff his pockets with dividends while his company racked up enormous debt worth US$300 billion (NT$8.32 trillion). The company’s chairman has received US$8 billion from cash dividends since Evergrande’s 2009 IPO on the Hong Kong Stock … Read more

CDC director over turns CDC panels decision to NOT recommend the booster for younger front line workers to align with the Whitehouse and FDA.

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by what_da_hell_mel She is appointed by the same Whitehouse. Clearly there is agenda here going off Political Science and not actual science. “Trust the Political Science.” This lady apparently gets to over rule the 16 person panel. So what’s to point of having and expert panel if the administration can just do what they want … Read more

Tulsi Gabbard calls for a reinstatement of Trump’s border policy

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The main beneficiaries of Biden and Harris’s open borders policy are gangs, cartels and traffickers. Biden and Harris’s open borders policy has been a disaster. And it must end now. Trump’s border policy, has worked and must be reversed. Said Tulsi Gabbard. His disregard for the political efficacy of a particular political party earned him … Read more

It has already begun. This is a Swedish newspaper warning that the prices for food will go up and prepare people for inflation.

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It has begun. Shortage stories from Swedish supermarkets only this summer include: “We have had zero sugar delivered in the past three weeks” “We’re currently unable to source canned tomatoes” “There’s no pasta available at the wholesalers” “Dear customer, due to extremely high demand we are unable to shelve certain staples fast enough”   h/t Objective-Orange926

Get Ready for Non-Transitory Inflation: Ten Things About to Shoot Up in Price

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by Kerry Lutz Financial Survival Network Get ready for non-transitory inflation. 10 things about to shoot up in price. Electricity In 2020 38% off all natural gas used in the United States went towards generating electricity. There are 1793 gas-powered electric plants in the US. While utilities generally buy most of their natgas through long-term fixed … Read more

Charles Hugh Smith: Fed Assuring 80% To 90% Collapse Of Bubble

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Charles Hugh Smith from Of Two Minds interviewed by Paul “Half Dollar” Eberhart From a revival of the inflation-deflation debate to the imminent collapse of the global banking system, there is no shortage of market & economic news, and noise, although there does seem to be a shortage of high quality thought about what’s really going on. So … Read more

Hunt for Brian Laundrie: Federal arrest warrant issued

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The FBI on Friday said the U.S. District Court of Wyoming issued a federal arrest warrant for Brian Laundrie, a person of interest in the disappearance and homicide of deceased Gabby Petito.The warrant is “pursuant to a Federal Grand Jury indictment related to Mr. Laundrie’s activities following the death of Gabrielle Petito,” the agency said.The … Read more

New York Fed Doubles Reverse Repo Counterparty Limit to $160b, Banks Immediately Respond By Parking $135.2b At The Fed

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by confoundedinterest17 This will make Fed Chair Powell smile along with Treasury Secretary Janet Yellen! (Bloomberg) — The Federal Open Market Committee directed the New York Fed’s Desk to increase the size of the counterparty limit for the overnight reverse repo facility, according to a statement. Per-counterparty limit increased to $160b/day from $80b/day, with the change taking … Read more

This is How Much NATO Countries Spend on Defense

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by visualcapitalist The North Atlantic Treaty Organization (NATO) exists for the sole purpose of facilitating a political and military alliance between almost 30 countries. All are obligated to one another in times of war, but some countries have much stronger militaries and defense systems than others. Using data from NATO, this map reveals what each NATO member … Read more

Social Security – The Government’s Shell Game!

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by Dennis Miller The Senior Citizens League reports, “Social Security COLA (Cost of living adjustment) For Next Year Could Be 6.2%.” Mary Johnson, a Social Security policy analyst tells us: “With one third of the data needed to calculate the COLA already in, it increasingly appears that the COLA for 2022 will be the highest paid since … Read more

$1 Trillion Coins Instead of More Federal Debt?!

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by: Stefan Gleason Credit risk out of China and debt ceiling drama in Washington are driving precious metals markets this week. Gold and silver attracted some significant safe-haven buying as equity markets succumbed to selling. The storyline being trumpeted in the financial media is that a government shutdown and possible debt default loom in October … Read more

Trump People Blaming the Black Murder Rate on Joe Biden are being Rightfully Mocked

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by Chris Black One of the Trump presidencies only legislative “achievements” was passing the First Step Act. Trump made it politically acceptable for Republicans like the governor of Oklahoma to let all the violent black felons out of prison early.  The GOP and Trump are at least equally as responsible for the insane crime rate … Read more

Well, That was Quick!

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by Chris Black It didn’t take long for the pro-amnesty group to push to give American jobs to non-Americans. Chamber of Commerce aligns with big corporations to push “resettled” Afghans into jobs stateside According to a recent report from Breitbart News, the U.S. Chamber of Commerce is partnering up with large corporations like Amazon, Walmart, and … Read more