Feds take down a Chinese drug money laundering cell that took in $92 million in cash from Mexican cartels washingtontimes.com/news/2025/jul/…

The Trump admin is FINALLY moving to ban Chinese ownership of farmland and what is China’s response? Claiming foreign entities and governments have a “right” to purchase US farmland If nationhood or sovereignty is to mean anything, it should be that there are sacred things

We can't ban the burka or the hijab, but guess what, we can ban skirts! What the hell is going on in this country. Do young girls have to cover up because imports from backward cultures can't control themselves..... manchestereveningnews.co.uk/news/greater-m…

An unplanned performance on a train🫶 The bandurists play with such sincerity and mastery, it gives you goosebumps. A true Ukrainian wonder that touches the heart 💙💛 📽madlena_r (ТіkТок )

Chinese gangs, with the help of Chinese state banks, now dominate money laundering in many locations around the world.

The Carney government is poised to post a massive deficit of more than $92 billion during this fiscal year, almost double what was forecast just a few months ago, a new report says nationalpost.com/news/canada/wi…

According to Axios, U.S. President Trump is preparing a major plan to sell both offensive and defensive weaponry to several allied nations in NATO, with the agreement that the weapons and other equipment will be provided to Ukraine. The scheme is said to have been discussed by

Why are there children working at a marijuana facility, Gavin?

The most bullish stock market prediction has arrived 📈📈📈 S&P 500 will finish the year at 7,000 says Sanctuary Wealth Management 🥳🫂🤑

Beware 👇 #China #CCP

1/3 Very interesting Caixin article on what it describes as "a rampant form of financial arbitrage now sweeping China’s ailing real estate sector." caixinglobal.com/2025-07-10/in-…

2/3 "As home prices collapse," according to Caixin, scammers are "exploiting a growing discrepancy between low actual sale prices and high official valuations" to buy the houses at lower prices while getting bank financing against much higher prices.

3/3 Very interesting "arbitrage", and it implies, among other things, that official housing price data may overstate the reality, and that certain bank loans may be much riskier than the banks realize.

🏡 Still seeing homes sell well below asking price in #Melbourne. Check out this recent example in Bentleigh East 👀👇 spachus.com.au/2-6-sanicki-co…

Chinese military training of an amphibious invasion of Taiwan. Every single one of these armored vehicles will be destroyed by drones before they ever reach the coast of Taiwan.

1/5 One of the (temporary) ways to boost the consumption share of GDP is for household debt to rise, and in March, China's financial regulators told Chinese banks to expand their consumer lending. reuters.com/business/finan…

2/5 At the time I noted that this would indeed "work" to raise the consumption share of GDP, but a rapid expansion in consumer lending is very risky, and every time Chinese banks were told to do that in the past, one result was a surge in bad loans.

3/5 That seems to be happening: "Loan managers and bank executives told Reuters they are struggling to raise consumer lending, citing subdued demand, as well as concerns over an already rapidly growing pile of bad household debt and uncertainty over their clients' incomes."

4/5 This article is just more evidence of how difficult it is for an economy to boost the consumption share of its GDP. The only sustainable way to do it is to reverse the transfers from the household sector that have left the household share of GDP so low.

5/5 But those are the very same transfers that underpin the manufacturing and investment on which growth currently relies. It's good that policymakers finally understand the need to raise the household share of GDP, but they still aren't discussing why it will be so difficult.