Courtesy of Sov Man's Simon Black, here are several of the most bizarre legal anecdotes to take place in the US and around the globe over the past week, staring with a bill currently making its way through Congress, which is seeking to wipe out over $1 trillion in student loans.
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A Convenient Way to Cancel a Trillion Dollars of Debt
What happened:
Authored by Leith van Onselen via MacroBusiness.com.au,
Transparency International has released a new report, entitled Doors Wide Open: Corruption and Real Estate in Four Key Markets, which has identified Australia, Canada, the UK and the USA as the top four spots targeted by corrupt officials or criminals for real estate crime.
Australia is the worst, failing to address 10-out-of-10 loopholes.
Below are the key extracts:
The following article by David Haggith was first published on The Great Recession Blog:
As we enter 2017, housing bubbles are showing signs of bursting all over the world. I know I’ve been promising I would lay out the economic headwinds for 2017, but 2017’s headwinds are building so fast and furious that I’m having to break that promised article out into several articles, as I’m accumulating material faster than I have time to cover.
For 2016, international merchandise trade statistics point out China has net imported roughly 1,300 tonnes of gold, down 17 % from 2015. The importance of measuring gold imports into the Chinese domestic gold market - which are prohibited from being exported – is to come to the best understanding on the division of above ground reserves in and outside the Chinese domestic market.
Submitted by a reader of Zero Hedge, living in Norway, who wishes to remain anonymous
President Trump: :An American Perspective from Living in Norway, by Anonymous
Background – Moving and Living in Norway.
According to Hillary, I am a “deplorable.” I would like to share my story how this came about and what this election meant to me.