IT’S GOOD TO BE THE NOMENKLATURA: Biden’s Infrastructure Plan Could Boost Pelosi’s Investment Portfolio. “This is yet another example of Nancy Pelosi using her power to tax the middle class and personally profit from it.”

  President Joe Biden’s $2 trillion infrastructure plan includes a provision to boost electric vehicle use—which House speaker Nancy Pelosi (D., Calif.) stands to personally benefit from. Pelosi’s husband Paul purchased between $500,000 and $1 million in Tesla investments in December. Biden’s …

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He retired at 35 – here are some of his investment strategies

by Simon Black  http://traffic.libsyn.com/sovman/102__He_retired_at_35_-_here_are_some_of_his_investment_strategies.mp3 Today’s episode of the Sovereign Man Podcast features non other than Sovereign Man’s Chief Investment Strategist, Tim Staermose, talking about not one but two highly successful, targeted investment strategies with proven track records. If you are a regular SMC …

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Accounting “forensics” show that Chinese GDP growth from 2008-2016 is 1.7pp lower and investment and savings rate in 2016 is 7pp than what was officially reported.

via brookings: DOWNLOAD Download the conference draft » ABSTRACT China’s national accounts are based on data collected by local governments. However, since local governments are rewarded for meeting growth and investment targets, they have an incentive to skew local statistics. China’s …

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