Bank of China, China Construction Bank, and China Merchants Bank have turned cautious on opening new accounts for the 11 recently sanctioned HK officials, including Lam, and at least one bank has suspended such activity
Auditors at OpenTheBooks.com quantified $14.8 billion in federal contracts and grants flowing into five major cities where civil unrest looms and policing is restrained: Seattle, Portland, New York, Washington, D.C., and San Francisco.
Senior editor, Ash Bennington, joins Robert Leonard, VP of Growth and Innovation at The Investor’s Podcast Network, to discuss how novice and millennial…
"We continued to take aggressive actions to reduce costs and increase our underlying unit economics in the quarter, which has put Lyft on track to achieve $300 million of annualized fixed cost savings by the end of the year."
Unfortunately due to "helicopter money" it is unlikely that the exploding deficit will ever shrink again until the monetary system is overhauled... or collapses.
Debt is but one crucial economic factor to consider when assessing economic growth. There are three other “D” problems worth considering - Depression, Demographics, and De-globalization.
As much as US Big Tech will face regulatory issues for many years, the actual problems are extremely complex and do not lend themselves to easy (and stock price-unfriendly) solutions...