The first time we laid out the dire calculations about what is perhaps the biggest mystery inside China's financial system, namely the total amount of its non-performing loans, by former Fitch analyst Charlene Chu we called it a "neutron bomb" scenario, because unlike virtually every other rosy forecast the most dire of which topped out at around 8%, Chu argued that the amount of bad debt in China was no less than a whopping 21% of total loans.
Authored by Soeren Kern via The Gatestone Institute,
Charlottesville 2
Paul Craig Roberts
What the liberal/progressive/left is trying to do with Charlottesville is to associate Trump supporters with White Supremacists and in this way demonize Trump supporters so that they will not have a voice when Trump is overthrown in a coup. Or it can be put in a different way: Charlottesville is being used by someone to discredit Trump and the people who elected him in order to pave the way for a coup, and the liberal/progressive/left is enabling the plot.
It's been a while since we checked in on the state of Manhattan's ultra high end real estate market, and judging by what was said in the latest Starwood Property Trust earnings call, where CEO Barry Sternlicht warned of a doomsday waiting at the end of New York's "Billionaire's Row", what's coming is nothing short of a disaster.
After President Donald Trump warned on Friday that the US military is “locked and loaded” and presumably prepared for an all-out nuclear showdown with North Korea, administration officials engaged in that most artful of Trump-era maneuvers: softening the president’s rhetoric without appearing to undercut him.