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Legendary investors states sanctions against Russia have actually helped their economy, not hurt it

Famous intellect Albert Einstein once coined the definition of insanity to be when one does the same things over and over and expects a different result.  And while Washington's use of economic sanctions may have achieved a certain amount of success a couple of decades ago when they were used against Iraq leading up to the Gulf War in 1991, and Hussein's final ouster in 2003, they have proven themselves to ...

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Move over JP Morgan and Goldman Sachs, it is China, not the U.S., who has the world’s largest public company

Despite the fact that because of their manipulated GDP numbers, the U.S. is still considered the world's number one economy.  However the reality is that they have already been surpassed by China in nearly every other facet of economic and financial measurement.  And at the top of this list are China's domination in both productivity and in banking. Which is why it should come as no surprise that on May 24, ...

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With 77 countries already signed onto the AIIB, China expects bank to grow to 85 by end of year

In just a few short years, China's Asian Infrastructure and Investment Bank (AIIB) has grown at lightening speed, already having 77 nations sign onto the Asian equivalent of the West's IMF.  And in a recent Conference on development in Jiangsu Province, the President of the AIIB suggested that this number will increase to 85 countries signed on board by the end of the year. This new growth in the developmen ...

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Turning point as Davos elites suddenly buying into the Silk Road initiative

With last weekend's Belt and Road Forum now in the history books, the significance of an ever-growing trade route from Korea to London has finally moved from being ignored by the Western elites, to suddenly being seen as a serious threat.  And on May 17 members of the World Economic Forum (Davos) are taking note and have put the new Silk Road 2.0 project squarely on their upcoming Summer agenda. The World E ...

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The Trump brand rising in China is not from The Donald, but from Ivanka

Even long before Donald Trump decided to run for and win the Presidency of the United States, his business endeavors were all built around growing his name as a brand which would stand out with the greatest of corporations.  And whether it was in real estate, casinos, resorts, or reality television, more people around the world know of the name Trump than they do Rockefeller, Rothschild, and even the world' ...

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First full transit cargo from London to China on Silk Road begins

When China envisioned their Silk Road 2.0 (Belt and Road) project, they wanted to connect East and West by having an uninterrupted path from Korea to London.  And on April 10 the first transit of cargo from the furthest reaches of the still under construction trade route has taken place as goods from London via rail line are on their way to Yiwu, China. The first rail freight service from the UK to China de ...

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China’s AIIB to induct 13 new members into its alliance

On March 23 China announced that 13 new member states, including Canada, will be joining the Asian Infrastructure and Investment Bank (AIIB).  In fact, with Canada's induction to the alliance they will become the first North American country to enter into China's alternative to the IMF, and continue the world's movement away from U.S. hegemony. Canada will join the Asian Infrastructure Investment Bank (AIIB ...

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China's central bank developing sovereign crypto-currency to begin to replace physical cash

As the Chinese government battles over regulation of Bitcoin exchanges within their financial system, the People's Bank of China (PBOC) is currently developing their own sovereign crypto-currency that would begin to replace physical Yuan in a digitally based monetary system. Using the same Blockchain technology that Bitcoin runs on, China's central bank is working towards a digital currency that could easil ...

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MCGA? State of Massachusettes hires Chinese firm, not American, to build new metro line

President-Elect Donald Trump campaigned on a pledge of Making America Great Again (MAGA).  But it appears that before this can be done the country needs to improve its capabilities in several engineering areas. And as validation of this, all one has to do is look to the state of Massachusettes, which has decided to hire a Chinese firm to build its new $270 million metro line, and did so with a no-bid contra ...

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Bitcoin volatility not tied to the crypto-currency itself, but the corruption of the exchanges

Over the past month we have seen the price of Bitcoin in multiple currencies travel as if on a roller coaster... shooting to nearly its record all-time high, then falling just as fast and almost as far as to when the move up started.  And this volatility has been without a doubt due to the actions of Chinese bitcoin investors. However there are questions circulating out there that need to be addressed, incl ...

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Bitcoin surge from Chinese population leads to further capital controls directed against digital currency

As the Chinese Yuan has experienced intense pressure in recent weeks due to the dollar climbing over 100 on the index, the government has sought to institute stringent capital controls to prevent capital flight by the people wanting to flee out of their currency.  Yet this is exactly what has been happening as multitudes of Chinese have found Bitcoin to be the best and most fluid middleman to move their wea ...

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Just as with Japan in the 80's, China seeks to expand their industry on the U.S. mainland in 2017

The world changed when President Richard Nixon closed the gold window and took the dollar off the Bretton Woods standard back in 1971 as it led to nearly a decade of recession, and a changeover in their long-standing positive trade deficit.  And even with the short lived economic recovery in the 1980's under Ronald Reagan, the die was cast for newer economic powers to one day usurp American industry. When a ...

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