Is China quietly importing billions in gold? The Fed’s own forecast shows they expect negative real rates for years to come

Is China quietly importing billions in gold? Unexplained delta between net foreign exchange settlement and the PBOC's reported forex assets now above $200BN. And last April, China "opened its borders to billions of dollars of gold imports"https://t.co/mxny7Ja35I pic.twitter.com/3aMNon7YlJ — zerohedge …

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BlackRock and four other large institutions forced to write-off billions after Fitch Ratings downgrades China Evergrande to “restricted default” status.

After Fitch Ratings downgraded China Evergrande and some of its subsidiaries to “Restricted Default” status on Thursday, there was for the first time, widespread acknowledgement of the Chinese property giant’s failure to meet its debt obligations. “The downgrades reflect the …

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Build Back Better Steers Billions To Unions

Amid the fast-paced congressional talks over President Joe Biden’s budget-busting “Build Back Better Act” (BBBA), the legislation’s massive expansion of federal Medicaid funding for in-home care has thus far received little scrutiny. Unfortunately, the legislation is cynically engineered to steer …

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REVEALED: How super-rich, like $60bn Nike founder Phil Knight, avoid billions in taxes by ‘cycling’ their wealth through trusts and gift loved-ones huge chunks of their companies for free

Estate tax loopholes exploited by billionaires allow them to pass their wealth onto their heirs without paying taxes Nike founder Philip Knight is a prime example of someone who has inflated his son’s wealth over the past decade by taking advantage …

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