Unlike the U.S., where inequality is the main driver of financial wealth, China is dead serious about fixing inequality:

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Unlike the U.S., where inequality is the main driver of financial wealth, China is dead serious about fixing inequality:https://t.co/uHluDL0SsG "U.S.-Listed Chinese Stocks Have Lost Another $150 Billion In Market Value This Week As Beijing Targets ‘Excessive’ Wealth" pic.twitter.com/O37i5QXo2z — Mac10 (@SuburbanDrone) August 22, 2021 after xi crushed hedge funds – ndx golden dragon china index … Read more

This divergence will matter soon….

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https://twitter.com/MFHoz/status/1429558874282078215 Nasdaq new lows pic.twitter.com/sivNFDbTNU — zerohedge (@zerohedge) August 22, 2021 2) The small-cap Russell 2,000 closed below its 200-DMA for the first time in ~11 months last week, ending its 11th longest streak of closes above its 200-DMA on record since 1978. https://t.co/NlZt4pAvY0 pic.twitter.com/Mpn4oGSE1d — Bespoke (@bespokeinvest) August 22, 2021 https://twitter.com/MFHoz/status/1429533485849513984 #recession … #GFC2 … Read more

35% of “entry-level” jobs on LinkedIn require 3+ years of experience

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by brixu Source: LinkedIn data – I’m a data scientist at LinkedIn (my original post, LinkedIn News article, LinkedIn News post) Tool: Photoshop from my colleague Methodology: Text matching was used to identify years of experience, as required, for more than 3.8 million paid job postings on LinkedIn from December 2017 to August 2021. The “entry level” … Read more

Are we headed for a repeat of the 2008 GFC? Or will this one be a lot worse?

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  [Pt.1] NEW DATA ON GLOBAL RESET: Vulnerability & Risk Increase Exponentially…by LYNETTE ZANG Recently, the Organization for Economic Co-Operation and Development (OECD) published a report on the current state of the Non-Financial Corporate Debt market. In this report they highlight the fact that, these new issuances were at historic highs in 2020. This resulted … Read more

The cost of denial has been rapidly outstripping inflation. The option of downsizing the consumption addict lifestyle is trusted to Ponzi markets now. Soon it won’t be an option at all.

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The cost of denial has been rapidly outstripping inflation. The option of downsizing the consumption addict lifestyle is trusted to Ponzi markets now. Soon it won't be an option at all. This shows the distribution of costs for extreme weather events in the past 40 years: pic.twitter.com/21Wmejp32I — Mac10 (@SuburbanDrone) August 22, 2021 How can … Read more

Australia: The truck drivers of Australia are planning to shut down the country…

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Australia: The truck drivers of Australia are planning to shut down the country in order to bring down the dictators… They are telling you to stock up on food for a couple of weeks . Let’s see how this plays out.. #NoMoreLockdowns #AustraliaHasFallen https://t.co/8ptCFgc4IY — Gillian McKeith (@GillianMcKeith) August 22, 2021 https://youtu.be/mBwCgNePwfE

What Downtown Portland Looks Like in 2021…

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Downtown Portland looks very different in 2021! Today we will be exploring the city of Portland, Oregon! A city located in the Pacific Northwest of the United States. This city like many other major cities in the United States is facing a huge homeless problem and quite frankly it is getting out of hand! The … Read more

Complete and utter failure in every way imaginable. It’s been eight months.

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  Where the Incompetence Lies. “If President Biden had been comatose for the past two weeks, there’s no reason to believe that the American response to the crisis in Afghanistan would have been better or, indeed, much different. The incompetence lay in the team that the President assembled or, more accurately, that was assembled for him. … Read more

Taliban Reportedly Sets Woman On Fire Because They Were “Dissatisfied With Her Cooking”

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Remember the assurances the Taliban has tried to offer the world that it is seeking peace and calm after forcefully taking over Kabul? Well, try this one on for size: just days after seizing control of Afghanistan, the Taliban reportedly set a woman on fire because they were “dissatisfied with her cooking”, according to the Telegraph. … Read more