The Army’s latest headcount shows that nearly 2,600 soldiers departed active service in March without being replaced, an action that plunges manning to its lowest level since before World War II, according to ArmyTimes.com.
Not so long ago, US farmland - whose prices were until recently rising exponentially - was considered by many to be the next asset bubble. Then, exactly one year ago, the fairytale officially ended, and as reported in February, US farmland saw its first price drop since 1986. It was also about a year ago when looking ahead, very few bankers expected price appreciation and more than a quarter of survey respondents expect cropland values to continue declining.
They were right.
For the duration of Donald Trump's campaign trail right after Hillary Clinton, China has been the go-to "punching bag." Earlier this month, the presumptive Republican nominee went as far as describing China's trade relationship with the U.S. as "rape" and has repeatedly said China is stealing U.S.
Submitted by David Stockman via Contra Corner blog,