Category: Finance
“Dr. Doom” Roubini says outright that Bitcoin’s “intrinsic value is zero.”
Nouriel Roubini, a well-known economist known as “Dr. Doom,” has been downbeat about Bitcoin, saying that its “intrinsic value is…
Xi Jinping mentions double carbon target Chinese scholars: pushing back economic and social reforms
China’s General Secretary Xi Jinping recently announced the promotion of “carbon peaking” and “carbon neutral” goals. Chinese scholars said that…
Hidden a big secret! One of the most difficult to understand China’s foreign trade data – a big inventory of trade with Hong Kong
One of the most incomprehensible aspects of China’s foreign trade data has long been the trade data with Hong Kong….
Kangmei Pharmaceutical auditors fined heavily for financial fraud of tens of billions
Stock movements within the Shanghai Stock Exchange on September 22, 2015. In a recent development in the financial fraud case…
U.S. Credit Card Giant Visa Involved in Monopoly Justice Department Investigation
Visa, the nation’s largest credit card finance company, is facing an antitrust (anti-trust) investigation from the Justice Department, the Wall…
Most Americans feel overtaxed and oppose any new taxes
A majority of Americans believe they are already taxed too much and oppose any new tax increases, according to the…
Former U.S. Treasury Secretary Summers criticized the bipartisan inflationary explosion, creating huge risks and the “most irresponsible” economic policy in 40 years.
Former U.S. Treasury Secretary Lawrence Summers. Bloomberg reported that former U.S. Treasury Secretary Lawrence Summers warned that the overall economic…
U.S. overly dependent on Taiwan semiconductors Commerce Secretary Raimondo ready to deal with shortage
The U.S. National Security Council on Artificial Intelligence (NSCIA) has warned that the United States is overly dependent on semiconductor…
Allianz chief advisor: the Fed may lose control of the debt market
Famous macroeconomist Erian (Mohamed El-Erian) Friday (March 19) interviewed by Yahoo Finance, he believes that the U.S. Federal Reserve may…
China increases grain imports in the first two months of the year to make up for shortages
China has stepped up its grain purchases in the first two months of the year to fill a growing domestic…
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