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When we discussed the latest monthly Chinese credit data reported by the PBOC, we pointed out something which to most pundits was broadly seen as success by the Politburo in its deleveraging efforts: for the first time in 9 months, debt within China's shadow banking system - defined as the [...]
Tue, Aug 22, 2017
Source: Zero Hedge
Authored by Antonius Aquinas, It is altogether fitting that crypto currencies, in particular Bitcoin, have witnessed a meteoric rise in this illusionary age. Not only has their monetary value gone to dizzying heights, but they are now being touted as the destroyer of the current, crumbling monetary order and the next [...]
Tue, Aug 22, 2017
Source: Zero Hedge
As we detailed last night, President Trump will unveil his long-awaited new strategy for Afghanistan tonight. Will he, as Ron Paul suggests, do the sensible thing and end the failed longest war in history? Or will he continue doing the same thing and expect that somehow he will "win" the [...]
Tue, Aug 22, 2017
Source: Zero Hedge

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