Technocracy at work: China's massive surveillance operation masquerades as 'free healthcare' but collects DNA, blood samples and iris scans from everyone in the Xinjiang province. ? TN Editor
Canada, Europe and China are focused on the US tax cut bills bringing US corporate tax rates down to the average OECD tax rate. A likely response will be further corporate tax cuts in a global race to the bottom.
Nick Giambruno's Note: I recently spoke with my friend and colleague Chris Lowe about China's new alternative financial system--and how it could mortally wound the US dollar. It was such an important discussion that I had to pass it along.
China's first domestically built aircraft carrier the 001A started preliminary trials in Dalian in the northeast of China in November. It has a similar design to the country's first carrier the Liaoning.
The 'peace dividend' was supposed to allow for projects with a positive economic future, like this one.
The Chinese Belt and Road Initiative (BRI), by lending out money using an alternative currency to the dollar, opens up huge spaces for investment and the strategic transformation of the region.
It should upset you that virtually everything stocking the shelves of our major retailers seems to have been made somewhere else. As a nation, we are consuming far more wealth than we are producing, and that is a recipe for national economic suicide