Yellen secretly yells for China’s help

By Herman Tiu Laurel

The US and its President Biden has been looking sillier and sillier to America’s global audience the past months. Take the inane “Chinese spy balloon” hullabaloo the shadowy anti-China political-media network concocted in February, Pentagon just a few days ago, on June 30, now officially admits “did not collect intelligence while flying over the country.” Yet, that spy thriller concoction delayed Blinken’s “reconciliation” visit to China by five months, pushing through only on June 18.

Yellen secretly yells for China’s help

Related:

[2008] China’s Hu, Bush discuss financial crisis (archived)

What’s wrong with the USA?

China has been, variously described as a rising power, a sleeping dragon and a collapsing economy. Most of the rhetoric is driven from the US. Inside their government, both the Senate and Congress have anti-China hawks, their State Department seems to see a threat at every turning point and their military seems to believe that a defensive People’s liberation Army is a bad thing as it threatens US interests. Books reports and documentaries are created about mass dissatisfaction which extended academic research seems unable to identify.

What’s wrong with the USA? (archived)

Trump Regulator Set to Consider Approving the Banking Model that Ushered in the Great Depression – Uninsured Deposits

Trump Regulator Set to Consider Approving the Banking Model that Ushered in the Great Depression – Uninsured Deposits

Seven banking and credit union associations have sent a letter to the Office of the Comptroller of the Currency (OCC), the regulator of national banks in the U.S., spelling out the dangers of the OCC approving a pending bank charter that would allow a national bank to accept and hold deposits that lack federal deposit insurance. The lack of federal deposit insurance triggered the bank runs and banks collapses that played a key role in ushering in the Great Depression. (More on that in a moment.)