Individual Economists

Shockwaves In Beijing: Xi Targets His Own Top General, Longtime Confidant, In Elite Purge

Zero Hedge -

Shockwaves In Beijing: Xi Targets His Own Top General, Longtime Confidant, In Elite Purge

Another significant military purge appears underway in China, as Saturday morning the West woke up to news that China's most senior military officer, who is second only to Xi Jinping, has been put under investigation over alleged "grave violations of discipline and the law."

Gen. Zhang Youxia is a vice chairman of the Central Military Commission, the Communist Party body that controls China's armed forces, and this comes as somewhat of a major shock given he is widely regarded as President Xi's closest ally within the military - or at least prior to this.

Another member of the commission, Gen. Liu Zhenli, has also been placed under investigation, according to the Defense Ministry on the same day. He's in charge of the PLA military's Joint Staff Department.

AFP: Zhang Youxia, left, and He Weidong, the previous second ranked Vice Chairman who was purged in 2025.

No further details have been given regarding the accusations against General Zhang Youxia, but such language is often presented in such crackdowns as a euphemism for corruption.

Xi has described corruption as "the biggest threat" to the Communist Party, having previously several times warned that the struggle against it "remains grave and complex." But critics as well as Western observers say this has served as a convenient and public PR mechanism for sidelining political rivals, and strengthening Xi's power and hold on the levers of power.

The Wall Street Journal's Jonathan Cheng says that General Zhang's downfall is surprising as not only has he known Xi for decades, but is the "most senior member of military hierarchy to face dismissal since fallout of 1989 Tiananmen protests."

And a former Central Intelligence Agency analyst who follows Chinese elite politics, Christopher K. Johnson, tells the NY Times on Saturday, "This move is unprecedented in the history of the Chinese military and represents the total annihilation of the high command."

Chinese social media rumors: Previously, on the evening of January 21, there were online rumors that Zhang Youxia's suspected residence in Beijing was surrounded by plainclothes officers.

via X/@whyyoutouzhele

The rumors and speculation were rampant over the last several days, triggered by a conspicuous absence at a high-profile military event where Xi gave an address:

Two of China’s top generals, Zhang Youxia and Liu Zhenli, apparently did not attend a gathering of all of China's senior political leaders on Tuesday. Their absence has fired the starting pistol on speculation they have been purged, speculation that will now continue until confirmation or they appear in public.

The event in question was the catchily-titled Study Session for Principal Officials at the Provincial and Ministerial Level on Studying and Implementing the Spirit of the Fourth Plenary Session of the 20th CPC Central Committee. President Xi Jinping attended and gave an opening speech, flanked by all six members of the Politburo Standing Committee as well as the vice president.

Eagle-eyed observers quickly noticed that while the second-ranked Vice Chairman of the Central Military Commission Zhang Shengmin was sat in the audience, Zhang Youxia, who is the first-ranked vice chairman, and Liu Zhenli, who is the only non-ranking member, both appeared to be absent.

This is the latest 'anti-corruption' purge action since the October news of the expulsion of nine senior generals, which marked one of the largest such crackdowns of top military officials in decades. 

Zhang's political pedigree runs deep: his father was among the founding generals of the Chinese Communist Party. He joined the army in 1968 and is one of the few current senior leaders said to have actual combat experience. Zhang had remained in his post beyond the customary retirement age for military officials, which was understood as a sign Xi's confidence in him, until now apparently.

Pro-Beijing pundits are offering an alternative take to the Western reporting...

More to come? It is likely as WSJ's chief China's correspondent Lingling Wei describes, "And this is far from the end. With thousands of officers having risen through the ranks under Zhang Youxia and Liu Zhenli, these individuals now recognize they are primary targets for a systemic purge." She reports that "Mobile devices have been seized across ranks and all units are now on high alert."

Tyler Durden Sat, 01/24/2026 - 12:15

Trump Says Canada Will Face 100% Tariffs if It "Makes A Deal With China"

Zero Hedge -

Trump Says Canada Will Face 100% Tariffs if It "Makes A Deal With China"

Authored by Omid Ghoreishi via The Epoch Times,

U.S. President Donald Trump says Canadian goods exported to the United States would be hit with 100 percent tariffs if Canada makes a deal with China.

If Governor Carney thinks he is going to make Canada a ‘Drop Off Port’ for China to send goods and products into the United States, he is sorely mistaken. China will eat Canada alive, completely devour it, including the destruction of their businesses, social fabric, and general way of life,” Trump said in a post on Truth Social on the morning of Jan. 24.

“If Canada makes a deal with China, it will immediately be hit with a 100% Tariff against all Canadian goods and products coming into the U.S.A. Thank you for your attention to this matter!”

The U.S. president wrote the remarks while posting a Jan. 23 article by Just the News titled, “Deal with the Devil: How Canada’s New Partnership With China Could Backfire.”

Trump’s reference to Canadian Prime Minister Mark Carney as “Governor” marks a return to the relations the U.S. president had with Carney’s predecessor, former Prime Minister Justin Trudeau, using the title to reflect his view that Canada should be part of the United States. Trump had not previously used the title for Carney, saying on several occasions that he likes him, but relations soured after Carney delivered a speech at the World Economic Forum (WEF) in Davos, Switzerland, last week in which he levied heavy criticism at the United States.

Prior to arriving in Davos, Carney met with Chinese leader Xi Jinping in Beijing, where he signed a series of agreements that included slashing tariffs on Chinese EV imports from 100 percent to 6.1 percent for the first 49,000 units, in exchange for China cutting tariffs on Canadian canola from 85 percent to 15 percent until at least the end of the year. While in Beijing, Carney said Canada–China relations are entering a “new era,” and that Ottawa’s pursuit of a partnership with China “sets us up well for the new world order.”

The Epoch Times reached out to Carney’s office for comment but didn’t immediately hear back.

Cutting Tariffs on China

Trump had initially shrugged off Carney’s new deal with China, telling reporters on Jan. 16 that, “It’s a good thing for him to sign a trade deal. If he can get a deal with China, he should do that.”

But senior members of his cabinet were concerned. U.S. Transport Secretary Sean Duffy said Canada will regret the decision to partner with Beijing and allow Chinese EVs into its market. “I love my friends in Canada, but they will live to regret the day they let the Chinese Communist Party flood the market with their EVs!” Duffy said in a Jan. 17 post on X.

U.S. Trade Representative Jamieson Greer told CNBC on Jan. 16 that the deal is “problematic for Canada,” and that Washington had imposed tariffs to protect autoworkers. He said that while Canada made the deal to bring relief to agricultural producers, in the “long run, they’re not going to like having made that deal.”

Canada first imposed 100 percent tariffs on Chinese EVs, along with levies on steel and aluminum, in 2024, in lockstep with the United States, which has long been concerned about China dumping products.

Canada’s other deals with China include agreements on energy, public safety, and lumber.

Davos Speeches

In his speech at the WEF in Davos on Jan. 20, Carney criticized U.S. pressure to acquire Greenland, while saying middle powers should band together to resist pressure from major powers. “Great powers have begun using economic integration as weapons, tariffs as leverage, financial infrastructure as coercion, supply chains as vulnerabilities to be exploited,” he said.

Trump said the next day in his speech at the WEF that Carney “wasn’t so grateful,” adding that Canada “lives because of the United States.”

Carney said in another speech on Jan. 22 in Quebec City, this time to Canadians, that Canada “does not live because of the United States. Canada thrives because we are Canadian.”

Later that day, Trump said he is rescinding his invitation to Carney to join the U.S.-led Board of Peace that is going to help rebuild Gaza.

In another Truth Social post on Jan. 23, Trump criticized Ottawa’s position on Greenland and China, saying, “Canada is against The Golden Dome being built over Greenland, even though The Golden Dome would protect Canada. Instead, they voted in favor of doing business with China, who will ‘eat them up’ within the first year!”

Meanwhile, Beijing’s envoy to Ottawa weighed in on the Greenland issue while taking a swipe at the United States, saying this week that Canada and China “see eye to eye” on supporting Greenland’s territorial integrity, according to The Canadian Press.

Trump’s Commerce Secretary Howard Lutnick also criticized Carney’s recent comments and deal with China, suggesting that his recent remarks may be related to an upcoming election. He added that Ottawa’s EV deal with Beijing could jeopardize Ottawa’s chances when renegotiating the United States-Mexico-Canada Agreement which is set for renewal this year.

“When the USMCA gets renegotiated this year… do you think the president of the United States is going to say you should keep having the second-best deal in the world?” he told Bloomberg on Jan. 22, making the point that Canada’s current trade deal with the United States ranks second after Mexico. Under the USMCA, 85 percent of Canadian goods are exempt from tariffs, while products not compliant with the trilateral deal face 35 percent tariffs. Mexico’s non-USMCA products are subject to 25 percent tariffs.

Carney hasn’t appeared at media press conferences since relations with Trump soured on Jan. 22, cancelling a scheduled press conference at the conclusion of a cabinet meeting in Quebec City on Jan. 23.

Finance Minister François-Philippe Champagne, who took questions from the press instead, said Carney couldn’t attend due to a “scheduling issue.”

Carney was asked by reporters about his talks with Trump late on Jan. 22 as he walked to a cabinet meeting. He responded, “Oh, that’s the most boring question. Think of a new one.”

Tyler Durden Sat, 01/24/2026 - 11:40

Larry Fink Says Public Has Lost Trust In Davos Elites And He Blames "Capitalism"

Zero Hedge -

Larry Fink Says Public Has Lost Trust In Davos Elites And He Blames "Capitalism"

The intrinsic fallacy behind the Davos conference and its supposed mission to "save the world" by molding international policy is easy to describe:  Davos is made up largely of the corporate elites, banking moguls and corrupt politicians that created the world's problems in the first place, often deliberately in order to trigger chaos and gain power. 

Why would the general public trust those people to fix the same problems they created?

This is a question that needs to be posed to BlackRock CEO Larry Fink, who is currently serving as the "interim co-chair" of the WEF after Klaus Schwab's embarrassing exit.  Fink launched the Davos meetings with some stark warnings about AI, and also a surprising admission that the global populace "no longer trusts" the WEF to steer the planet in the right direction.

As noted, no one trusted the WEF before, for the same reasons that no one trusts them now.  Fink would never admit that the public despises the Davos crowd because of they operate like a cartel or cabal, constantly grasping for power while whittling down our freedoms.  Instead, the CEO blamed "capitalism" for the lack of trust. 

Fink argued that the growing wealth gap is a feature of capitalism as we know it today and that this must change.  He admonished the shift of global wealth into the hand of a narrow minority (of which his is a member) and called for the continuing institution of "shareholder capitalism" as a solution.

Shareholder capitalism, for those who are not aware, is the agenda which is directly responsible for ESG lending and the takeover of DEI in the corporate world.  The sudden surge of woke ideology in western countries was a product of corporate lenders like BlackRock and Vanguard pressuring international companies to promote wokeness in exchange for easy access to cheap credit. 

It should also be noted that the wealth gap during the decade of woke cultism (2015 to the end of 2024) increased dramatically.  Shareholder capitalism handed the top 1% another $33.9 trillion.  The wealth of the top 0.001% grew three times larger than the combined wealth of the bottom 50% of people.  In other words, shareholder capitalism expands the wealth gap, it does not reduce it.     

The World Economic Forum and orbiting globalist associations closed their latest Davos event this week looking rather subdued compared to a couple years ago.  From 2020 to 2023 the elites pulled the mask off completely and they are now hoping the public will forget and move on.

The WEF, WHO, and various captured world leaders used the covid scare to conjure up a worldwide hysteria which they intended to exploit.  Sweeping plans were made (out in the open) to institute vaccine passports which would force the population to accept regular injections of experimental treatments in order to retain the right to work and participate in the greater economy.  Intermittent national lockdowns were going to become the norm.  Digital tracking of every individual using covid apps was going to become policy. 

The globalists were going full 1984, all over a virus with a 99.8% survival rate. 

If Larry Fink and his ilk want to know why the populace distrusts them, it's not because of capitalism and free markets.  It's because they exposed themselves and their true intentions in the last several years.  They became arrogant and proved the "conspiracy theorists" right.  Once the mask comes off, it cannot be put back on. 

Tyler Durden Sat, 01/24/2026 - 11:05

In Humiliating Retreat, Starmer Forced To Pull Chagos Bill After Trump Backlash

Zero Hedge -

In Humiliating Retreat, Starmer Forced To Pull Chagos Bill After Trump Backlash

Trump wins again - or rather, Europe caves again. On Friday UK Prime Minister Keir Starmer was forced into an abrupt and humiliating retreat after his plan for the Chagos Islands detonated backlash in Washington.

Starmer had been preparing to ram the controversial legislation through the House of Lords on Monday, only for the bill to be yanked late Friday on growing fears it could unravel a 60-year-old US-UK treaty, which is the foundational Cold War-era deal that allows the US to operate the Diego Garcia military base on the Chagos Islands, or what's known as the British Indian Ocean Territory. 

The chain of events this week kicked off early Tuesday with President Trump's Truth Social onslaught. Among several geopolitical-related messages, mostly on Greenland, he went after the Starmer government.

Getty Images/BBC: Diego Garcia has been home to a joint UK-US military base since the 1970s

Trump took aim at the proposed new deal under which London would surrender sovereignty (to Maritius) while leasing back the strategically critical military base on the islands, including Diego Garcia - where US forces also have a strategic Indian Ocean base, which has been used especially for Middle East operations going back decades. 

Trump attacked the plan to hand sovereignty over the Chagos Archipelago to Mauritius as an act of "great stupidity" and "total weakness." He further took the opportunity to say the move underscored exactly why he wants the United States to take control of Greenland.

"The UK giving away extremely important land is an act of GREAT STUPIDITY, and is another in a very long line of National Security reasons why Greenland has to be acquired. Denmark and its European Allies have to DO THE RIGHT THING," Trump wrote as his concluding sentence in the message.

The Telegraph late Friday is confirming the U-turn:

Sir Keir Starmer has been forced to pull his Chagos Islands bill in the wake of a US backlash over the deal.

The legislation was expected to be debated in the House of Lords on Monday, but was delayed on Friday night after the Conservatives warned it could violate a 60-year-old treaty with the US that enshrines British sovereignty over the archipelago.

The Foreign Office has been engaged in some last minute scrambling to verify if Trump's Truth Social message did in fact reflect active US policy:

Asked last night if Mr Trump would be willing to tear up the 1966 treaty and allow the transfer of Chagos to go ahead, the US state department referred back to the president’s criticism on Tuesday when he said: “The UK giving away extremely important land is an act of GREAT STUPIDITY.”

Still, The Telegraph notes that some confusion among British officials remains: "Much depends on whether Mr Trump’s position on the Chagos deal has genuinely changed or – as Sir Keir has claimed – that this was only being used to force a change in Britain’s Greenland stance."

"If Downing Street tried to press ahead without Washington’s approval, it could face a bruising battle with the US state department," the report concludes.

Starmer addressed the House of Commons on Wednesday and asserted it was Trump who flipped his policy. "I made out my position on Greenland absolutely clear on Monday and a moment ago. President Trump deployed words on Chagos yesterday that were different to his previous words of welcome and support when I met him in the White House," he said.

"He deployed those words yesterday for the express purpose of putting pressure on me and Britain in relation to my values and principles on the future of Greenland," he added.

From a British political commentator: "It is, I admit, a humiliating thing for Britain that the final decision should be in the hands of our American allies. We ought to have put a stop to the whole business ourselves."

Conservatives are still warning that rushing the deal for the UK to yield control of the Chagos Islands to Mauritius risks violating international law, with Tory leader Kemi Badenoch having condemned the agreement outright, warning it "cannot progress while this issue remains unsolved.He has bluntly stated this week, "President Trump is right." Also, Reform's Nigel Farage praised the American president for "vetoing" it.

Tyler Durden Sat, 01/24/2026 - 10:45

House Committee Calls On IRS To Crack Down On NGOs Funding Terrorists

Zero Hedge -

House Committee Calls On IRS To Crack Down On NGOs Funding Terrorists

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

The IRS must overhaul its oversight of the nonprofit sector amid the fraud scandal in Minnesota that has led to taxpayer funds being funneled for terror activities, Republicans on the House Ways and Means Committee said in a Jan. 20 statement.

House Committee on Ways and Means Chairman Rep. Jason Smith (R-Mo.) speaks during a hearing on Capitol Hill in Washington on May 13, 2025. Madalina Vasiliu/The Epoch Times

The lawmakers sent a letter to IRS Acting Commissioner Scott Bessent and CEO Frank Bisignano on Tuesday, raising concerns about “significant fraud, waste, and abuse” of taxpayer dollars.

“As you are aware, investigative journalists recently uncovered a network of fraud involving Minnesota’s Medicaid Housing Stabilization Services program and non-profit organizations in the state during the COVID-19 pandemic—a scheme that not only seemingly funneled millions, if not billions, of taxpayer dollars to the Al-Shabaab terrorist group, but has also resulted in the prosecutions of nearly 80 individuals by the Department of Justice (‘DOJ’) to date,” they wrote.

“This is unacceptable.”

Al-Shabaab is a militant wing of the Somali Council of Islamic Courts and is responsible for the assassination of several peace activists, journalists, international aid workers, and civil society personalities, according to the National Counterterrorism Center. It was designated a foreign terrorist organization in 2008 by the State Department.

During a press conference in Minneapolis on Jan. 9, Bessent said the U.S. Treasury had launched an enforcement campaign targeting Somali-linked fraud networks in Minnesota. According to Bessent, billions of dollars intended for disabled seniors, hungry children, and families with special-needs children were diverted, with some of the funds likely diverted to extremist groups such as Al-Shabaab.

“We have traced where the money went, and we are examining it,” he said, adding that the findings of the probe were “highly concerning.”

The GOP letter highlighted the issue of a Minnesota nonprofit, Feeding Our Future, that was launched to serve food to children from low-income groups. However, its promoters used more than $250 million to buy jewelry, real estate, and luxury goods.

Since 2022, dozens of people linked to Feeding Our Future have been convicted. During a Jan. 7 hearing, Minnesota state Rep. Kristin Robbins said the total fraud in this case had hit about $310 million. In addition, investigators are probing 14 Minnesota Medicaid programs, suspecting $9 billion or more in fraudulent payments.

This potential terror-financing scheme by a tax-exempt organization “calls into question the current safeguards in place to protect taxpayer dollars,” the letter said. “The concern over tax-exempt organizations funneling taxpayer dollars to designated terrorist organizations and other illicit purposes cannot be understated.”

Lawmakers called on the IRS to hold tax-exempt organizations accountable and ensure the funds do not end up in the hands of terror outfits.

Crackdown in Minnesota

Meanwhile, Minnesota is seeing stringent federal immigration enforcement activities. Homeland Security Secretary Kristi Noem recently said that more than 10,000 illegal immigrants have been arrested in the state. The DOJ has started issuing subpoenas to top officials in Minnesota.

Responding to reports of the DOJ investigation, Minnesota Gov. Tim Walz’s office said on Jan. 17 that they have not received any notice of a probe.

“Weaponizing the justice system and threatening political opponents is a dangerous, authoritarian tactic,” Walz said.

Minneapolis Mayor Jacob Frey also responded to reports of him being subpoenaed in a federal probe.

“When the federal gov weaponizes its power to intimidate local leaders for doing their jobs, every American should be concerned,” Frey said in a Jan. 21 post on X.

We shouldn’t live in a country where federal law enforcement is used to play politics or crack down on local voices they disagree with.”

Amid reports of fraud perpetrated by Somalis in Minnesota, including convictions of naturalized citizens, Sen. Eric Schmitt (R-Mo.) has introduced the Stop Citizenship Abuse and Misrepresentation Act, his office said in a Jan. 19 statement.

The bill seeks to expand the denaturalization process for individuals who have committed fraud or serious felonies or joined up with terror outfits, it said.

The rampant fraud uncovered in Minnesota must be a wakeup call,” Schmitt said.

“People who commit felony fraud, serious felonies, or join terrorist organizations like drug cartels shortly after taking their citizenship oaths fail to uphold the basic standards of citizenship. They must be denaturalized because they have proven they never met the requirements for the great honor of American citizenship in the first place.”

Tyler Durden Sat, 01/24/2026 - 10:30

US Pledges To 'Starve' Iraq Of Oil Revenue If Pro-Iran Parties Join New Government

Zero Hedge -

US Pledges To 'Starve' Iraq Of Oil Revenue If Pro-Iran Parties Join New Government

Via The Cradle

Washington has threatened to block Iraq's access to its own oil revenue held in the Federal Reserve Bank of New York if representatives of Shia armed parties enjoying support from Iran are included in the next government, Reuters  reported Friday.

"The US warning was delivered repeatedly over the past two months by the US Charges d'Affaires in Baghdad, Joshua Harris, in conversations with Iraqi officials and influential Shi'ite leaders," Reuters reported, citing three Iraqi officials and one source familiar with the matter.

via AFP

The threat is part of US President Donald Trump's effort to weaken Iran through a "maximum pressure" campaign of economic sanctions, including on the Islamic Republic's oil exports. Trump also bombed Iran's nuclear sites as part of Israel's unprovoked 12-day war on Iran in June.

Because of US sanctions, few countries can trade with Iran, increasing its reliance on Iraqi markets for exports and on Baghdad's banking system as a monetary outlet to the rest of the world.

As punishment, the US government has restricted the flow of dollars to Iraqi banks on several occasions in recent years, raising the price of imports for Iraqi consumers and making it difficult for Iraq to pay for desperately needed natural gas imports from Iran.

However, this is the first time the US has threatened to cut off the flow of dollars from the New York Federal Reserve to the Central Bank of Iraq.

Officials in Washington can threaten Baghdad in this way because the country was forced to place all revenues from oil sales into an account at the New York Fed following the US military's invasion of the country in 2003.

This gives Washington strong leverage against Baghdad, as oil revenue accounts for 90 percent of the Iraqi government's budget. While occupying Iraq for decades and controlling its oil revenues, Washington accuses Iran of infringing on Iraq's sovereignty.

"The United States supports Iraqi sovereignty, and the sovereignty of every country in the region. That leaves absolutely no role for Iran-backed militias that pursue malign interests, cause sectarian division, and spread terrorism across the region," a US State Department spokesperson told Reuters.

Some Shia political parties, including several that make up the Coordination Framework (CF), are linked to the Popular Mobilization Units (PMU), which see themselves as anti-terror militias formed in 2014 with Iranian support to fight ISIS and later incorporated into the Iraqi armed forces.

Iraq held parliamentary elections in November and is still in the process of forming the next government. Prime Minister Muhammad Shia al-Sudani, who enjoyed good relations with both Washington and Tehran, has decided not to contend for another term as premier.

The decision has cleared the way for Nouri al-Maliki, of the State of Law Coalition and the Dawa Party, to potentially return to power. 

Maliki, who enjoys support from the PMU-linked parties, served as prime minister between 2006 and 2014, including when ISIS invaded western Iraq and conquered large swathes of the country. 

Trump threatened a new bombing campaign against Iran following several weeks of violent riots and attacks on security forces organized and incited by Israeli intelligence. Trump allegedly called off the bombing after Israeli Prime Minister Benjamin Netanyahu warned him that Tel Aviv's air defenses were not prepared for a new confrontation with Iran.

During the war in June, Iran retaliated against Israel by launching barrages of ballistic missiles and drones, which did severe damage to Israeli military sites, including in Tel Aviv.

Tyler Durden Sat, 01/24/2026 - 08:10

Over 2 Million Ukrainians Have Already Deserted & Or Actively Dodging The Draft

Zero Hedge -

Over 2 Million Ukrainians Have Already Deserted & Or Actively Dodging The Draft

Authored by Andrew Korybko,

The 2.2 million men that are currently on the run amounts to 6.8% of the Ukrainian population and is slightly larger than the percentage of Asians in the US.

New Ukrainian Defense Minister Mikhail Fedorov shockingly revealed that 200,000 men have already deserted thus far and ten times more (2 million) are actively dodging the draft, which are probably an underestimate but are in any case still very large numbers. To put that into context, Ukraine claimed in early 2025 to have had a population of 32 million, likely an overestimate, so the 2.2 million men who either deserted or dodged the draft amounts to at least 6.8% of the population currently on the run.

Rada Deputy Dmitry Razumkov claimed during a parliamentary session last month that his country had already lost half a million troops by then with an equal number wounded, possibly also an underestimate, while Ukraine is thought to currently field around 900,000 active troops. All of this data enables observers to better understand the significance of these “voluntary losses” since it should be clear by now that 2.2 million more troops would have certainly made a major difference for Ukraine.

That’s not to imply that it would have been able to reverse the military-strategic dynamics of the conflict that have trended in Russia’s favor since the epic failure of Ukraine’s NATO-backed counteroffensive in summer 2023, but perhaps it might have been able to decelerate the pace of its losses afterwards. Ukraine could have thus also been in a comparatively better diplomatic position too going into Trump 2.0 a year ago and that might have in turn predisposed him to a relatively harder line towards Russia as well.

For that reason, while the scale of its desertions and draft-dodging can’t credibly be described as a game-changer, it can still be considered a significant variable that adversely affected Ukraine’s fortunes. By contrast, this was never a relevant factor for Russia, which hasn’t conscripted anyone unlike Ukraine. On that topic, it’s worthwhile reminding readers about Ukraine’s forcible conscription policy that’s been made infamous by viral videos showing officials snatching young and old men alike off the streets.

This footage and stories that draft-eligible males (25-60 years of age) heard through the grapevine are partly why 2 million of them decided to go on the run and dodge the draft. They’ve also seen drone footage of the conflict zone and are therefore well aware of how likely it is that they’ll be killed shortly after being deployed to the front. These men might sincerely consider themselves to be Ukrainian patriots in their hearts, however they conceptualize it, but they’re not willing to die for nothing.

This segues into the plummeting popularity of the conflict among the populace and increasing support for a quick end thereto per recent Gallup polling. Trump just blamed Zelensky for stalling peace talks, which is in direct opposition to the will of the same people in whose name he still acts despite the expire of his term in May 2024. Other than his authoritarian tendencies, corruption is likely responsible for his obstinance since he’s thought to be profiting from the conflict and might thus fear charges once it ends.

Whenever he’s asked about the conflict, Trump usually says that he wants to end it as soon as possible in order to stop the killing, which it’s now known has spooked at least 2.2 million Ukrainian men into either deserting or dodging the draft. The 6.8% of the population that’s currently on the run is slightly larger than the Asian population in the US (6.7%) per the last census. The sooner that the conflict ends, the sooner that they can re-enter the economy and help rebuild their country, unless they flee abroad first.

Tyler Durden Sat, 01/24/2026 - 07:00

10 Weekend Reads

The Big Picture -

The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads:

Netflix’s $82.7 billion rags-to-riches story: How the DVD-by-mail company swallowed Hollywood. It’s a story so good it could have been a screenplay. In 2000, Reed Hastings and Marc Randolph sat down across from John Antioco, then CEO of video rental giant Blockbuster, and pitched him on acquiring their still unprofitable DVD-by-mail startup, Netflix, which at the time had around 300,000 subscribers. But when they told him their price—$50 million and the chance to develop and run Blockbuster’s online rental business—Antioco balked. By 2010, Blockbuster had filed for bankruptcy, and Netflix had stormed Hollywood with its entertainment streaming service. (Fortune)

Warren Buffett, Charlie Munger and the Reading Unlock: One Buffett lesson I’ll share with my kid: read, read, read. (SatPost by Trung Phan)

The Multidisciplinary Approach to Thinking. Using a true multidisciplinary understanding of things, Peter identifies two often overlooked, parabolic “Big Ideas”: 1) Mirrored Reciprocation (go positive and go first) and 2) Compound Interest (being constant). A great “Life Hack” is to simply combine these two into one basic approach to living your life: “Go positive and go first, and be constant in doing it.” (Farnam Street)

The Crisis Whisperer: how Adam Tooze makes sense of our bewildering age: Whether it’s the financial crash, the climate emergency or the breakdown of the international order, historian Adam Tooze has become the go-to guide to the radical new world we’ve entered. (The Guardian)

The Shape of Time: In the 19th century, the linear idea of time became dominant, forever changing how those in the West experience the world. (Aeon)

GLP-1s And Your Brain: The Surprising Impact On Addiction, Anxiety, ADHD, And More: What started out as a medication for diabetes and weight loss is offering something unexpected—and completely life-changing—for many women. (Womens Health)

The Education of the Broligarchy: The same sources that inspired tech moguls to bend matter, minds, and markets to their will may also help explain their foray into other forms of power (Colossus)

Can Congress Still Check the Commander in Chief? Sen. Jeanne Shaheen, the top Democrat on the Senate Foreign Relations Committee, discusses Venezuela, NATO and the limits of congressional power as global crises multiply. (Bloomberg)

An exclusive look inside the largest effort ever mounted to keep the Great Barrier Reef alive: Australia is doing absolutely everything to protect its most iconic ecosystem — except, perhaps, the one thing that really matters. (Vox)

Mike Macdonald is a genius, but that’s not the only reason his Seahawks are Super Bowl favorites: The Seahawks are arguably the best team in football because they have elite talent. But everyone in the NFL has talent, especially in the postseason. Marrying that talent with the vision and bringing it to life, Macdonald believes, starts with intent and attitude. That’s their foundation for getting players to play fast and free. (New York Times)

Be sure to check out our Masters in Business this weekend with Zach Buchwald, Chairman and Chief Executive Officer of Russell Investments. The global investment firm was founded in 1936, and today has ~$370 billion in AUM. Previously, he had a 15-year tenure at BlackRock, where he served as the head of its $2 trillion Institutional Business, leading the company’s Financial Institutions Group and helped establish its Retirement Solutions and Financial Markets Advisory platforms.

 

January 2026 set to be a record in Geopolitics

Source: Jim Reid, Deutsche Bank

 

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To learn how these reads are assembled each day, please see this.

 

The post 10 Weekend Reads appeared first on The Big Picture.

Suicidal Empathy Is Another Front In The CCP's Hybrid War

Zero Hedge -

Suicidal Empathy Is Another Front In The CCP's Hybrid War

Authored by Stu Cvrk via The Epoch Times,

The theory of suicidal empathy is gaining increasing currency among people who are deeply concerned about the apparent fracturing of Western civilization, particularly American culture.

Suicidal empathy can be defined as excessive or misdirected compassion expressed by individuals or groups that prioritizes short-term emotional responses over cultural norms and long-term societal stability and personal well-being. Over time, the concept can lead to self-destructive outcomes for individuals (the loss of traditional values in favor of equity and other false gods) or societies (robust nationalism replaced by unchecked multiculturalism and moral decay).

A good example is the European Union’s embrace of open borders policies that led to the flood of people from the Middle East and Africa in the name of “empathy for poor people” without regard to assimilation.

Who gains from this chaos and angst?

Any distress that destabilizes Western civilization serves the Chinese Communist Party (CCP), which exploits anything that undermines the United States and its allies.

Some observers believe that Beijing covertly amplifies the elements of suicidal empathy in the West—excessive compassion, cultural relativism, polarization, and over-tolerance of immigrants who refuse to assimilate—as a low-cost, asymmetric front in its hybrid war against the United States.

Let us examine the issue.

What Is Suicidal Empathy?

Lebanese–Canadian evolutionary psychologist Gad Saad coined the term in 2024 to describe excessive, misdirected, or hyperactive empathy that becomes self-destructive. As with anyone who postulates a new concept, he is considered by some to be a “controversial figure.”

Saad is the author of “The Parasitic Mind: How Infectious Ideas Are Killing Common Sense,” a university professor at Concordia University’s John Molson School of Business, and a frequent presence on X (@GadSaad), podcasts (such as “The Joe Rogan Experience”), and YouTube. He explains how suicidal empathy fuels open borders, cultural chaos, and self-sabotage in the United States and the West in general.

He argues that suicidal empathy leads some to prioritize the needs of illegal immigrants over those of citizens and veterans, to show leniency toward criminals and addicts in the name of compassion, to refuse to confront national threats for fear of “appearing unkind,” and to value the appearance of being kind and empathetic even when the result is harmful to individuals or society.

Saad maintains that prioritizing compassion for potential threats, outsiders, or criminals over one’s own group’s safety, security, and long-term survival has led to questionable policy choices by liberal governments in the West.

Saad is critical of “woke” culture, political correctness, Islamofascism, and what he calls the Marxist corruption of academia, which he groups as “idea pathogens”—harmful ideologies that spread like parasites and supplant traditional moral, political, and cultural values, particularly those rooted in Judeo–Christian philosophy.

Critics argue that elite-driven immigration policies, motivated by suicidal empathy, have downplayed assimilation requirements, contributing to the persistence of culturally insular communities. They often point to debates surrounding Islamist activism or illiberal norms within some immigrant-heavy areas of Minnesota, Michigan, and Texas as illustrative cases.

House Oversight and Government Reform Committee Chairman James Comer (R-Ky.) and Rep. Jim Jordan (R-Ohio) confer during a hearing about fraud in Minnesota at the U.S. Capitol on Jan. 7, 2026. Federal prosecutors filed charges against dozens of people in Minnesota, many from the area’s Somali community, for stealing taxpayer dollars through fraudulent social services schemes. Chip Somodevilla/Getty Images

Perhaps even more consequential are the recent federal prosecutions uncovering large-scale fraud schemes involving Somali-American defendants, most notably the Feeding Our Future case in Minnesota, which prosecutors say siphoned roughly $250 million from a federal child-nutrition program. The scandal exposed serious failures of state and federal oversight and further eroded public trust in government institutions.

A combination of bureaucratic incompetence, risk aversion, and fear of appearing discriminatory allowed the fraud to persist longer than it should have. This reluctance to enforce rules rigorously—suicidal empathy—can weaken accountability and invite abuse, ultimately harming both taxpayers and the very communities such policies are meant to protect

These fractures in American society serve the CCP, as whatever distracts, disrupts, weakens, or causes chaos among Americans is considered good by the communists.

CCP Exploitation of Suicidal Empathy

“Unrestricted Warfare,” an important 1999 book by People’s Liberation Army Colonels Qiao Liang and Wang Xiangsui, advocates the use of “unrestricted” or “beyond-limits” warfare, emphasizing non-military methods to weaken adversaries such as the United States without resorting to direct armed conflict.

“Beyond limits” has since been expanded to include all forms of hybrid warfare, short of kinetic warfare. While suicidal empathy was unknown in 1999, it is not a stretch to speculate that the CCP has embraced it as another important front in its ever-expanding hybrid warfare against the United States.

Chinese leader Xi Jinping would appear to recognize and champion chaos as a means to achieve Chinese global dominance, as his statement from 2021 indicates: “The world today is undergoing a great change in situation unseen in a century. Since the most recent period, the most important characteristic of the world is, in a word, ‘chaos,’ and this trend appears likely to continue.” And societal chaos is a direct result of suicidal empathy.

The CCP uses united front actions to influence Western academia and media to exploit political and societal divisions in their ongoing hybrid war. By leveraging proxies, disinformation, funding networks, and diaspora communities, the CCP amplifies polarization in the United States on issues such as race and identity politics, immigration and open borders, and the cancel culture, turning them into tools for societal upheaval and chaos.

Chinese state media, Chinese embassies, and CCP-funded nonprofit groups publicly express empathy for protected classes in America, the underprivileged, and especially illegal aliens from the Third World in a synergistic effort to amplify the suicidal empathy being pushed by American elites.

The Chinese regime routinely deploys fake social media accounts on platforms such as Facebook and Instagram to inflame public discourse and encourage street protests. For example, during the 2020 Black Lives Matter protests (as a classic example of suicidal empathy in action), CCP state media and influence networks amplified narratives that portrayed the United States as racially oppressive and chaotic. Pro-CCP actors on social media posed as American activists to escalate calls for defunding police and radical reforms, aiming to prolong disorder and erode public faith in law enforcement and American institutions in general.

The CCP also directly or indirectly funds certain activist groups that promote “woke” ideology and street protests against ICE agents and law enforcement personnel in general, while using state-backed media such as CGTN or TikTok algorithms to further amplify social discord and division among Americans.

For example, Neville Roy Singham, an American tech millionaire living in Shanghai, is allegedly the “main backer” of the Party for Socialism and Liberation (to the tune of $20 million) through nonprofits such as the Justice and Education Fund and the United Community Fund. PSL has organized nationwide protests against ICE, including the 2025 Los Angeles riots, where they were implicated in violence in the streets and civil unrest.

Singham’s pro-CCP network of radical organizations also allegedly funds the National Students for Justice in Palestine (NSJP) and The People’s Forum, which promote Marxist education and progressive causes on campuses, such as immigrant rights and anti-racism, and also support anti-ICE campus protests while promoting “woke” themes like social justice and anti-oppression.

Concluding Thoughts

Did Gad Saad hit paydirt by theorizing that the practical results of decades of putting Marxist critical theory into practice in America are—as he puts it—a “tsunami of unmodulated kindness,” “parasitized suicidal empathy,” or an “orgiastic, hyperactive form of empathy” that are undermining Western civilization?

The CCP has certainly figured that out, as its actions to spread and exacerbate chaos in America, as described above, elucidate. Whatever undermines the United States from within advances its hybrid warfare objectives and world domination goals.

What is the surest sign that the CCP understands the effectiveness—and threats of—suicidal empathy?

It is the communists who stamp out all vestiges of it in China. The CCP has historically viewed universal empathy, compassion, or spiritual beliefs among individuals as potential threats to its authority, often labeling them as “superstitions” to justify eradication, persecution, and suppression—with Falun Gong adherents and minorities (such as Tibetans, Uyghurs) as among the victims. The CCP prioritizes atheism, nationalism, and Party loyalty over individual or humanitarian concerns, subordinating empathy for individuals to collective goals.

Meanwhile, the CCP is working behind the scenes to promote suicidal empathy in America.

Views expressed in this article are opinions of the author and do not necessarily reflect the views of The Epoch Times or ZeroHedge.

Tyler Durden Fri, 01/23/2026 - 23:25

Peter Schiff: Printing Money Is Not the Cure for Cononavirus

Financial Armageddon -


Peter Schiff: Printing Money Is Not the Cure for Cononavirus



In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets. Earlier this month, Peter said he thought the virus was just an excuse for stock market woes. At the time he believed the market was poised to fall anyway. But as it turns out, coronavirus has actually helped the US stock market because it has led central banks to pump even more liquidity into the world financial system. All this means more liquidity — central banks easing. In fact, that is exactly what has already happened, except the new easing is taking place, for now, outside the United States, particularly in China.” Although the new money is primarily being created in China, it is flowing into dollars — the dollar index is up — and into US stocks. Last week, US stock markets once again made all-time record highs. In fact, I think but for the coronavirus, the US stock market would still be selling off. But because of the central bank stimulus that has been the result of fears over the coronavirus, that actually benefitted not only the US dollar, but the US stock market.” In the midst of all this, Peter raises a really good question. The primary economic concern is that coronavirus will slow down output and ultimately stunt economic growth. Practically speaking, the world would produce less stuff. If the virus continues to spread, there would be fewer goods and services produced in a market that is hunkered down. Why would the Federal Reserve respond, or why would any central bank respond to that by printing money? How does printing more money solve that problem? It doesn’t. In fact, it actually exacerbates it. But you know, everybody looks at central bankers as if they’ve got the solution to every problem. They don’t. They don’t have the magic wand. They just have a printing press. And all that creates is inflation.” Sometimes the illusion inflation creates can look like a magic wand. Printing money can paper over problems. But none of this is going to fundamentally fix the economy. In fact, if central bankers were really going to do the right thing, the appropriate response would be to drain liquidity from the markets, not supply even more.” Peter explained how the Fed was originally intended to create an “elastic” money supply that would expand or contract along with economic output. Today, the money supply only goes in one direction — that’s up. The economy is strong, print money. The economy is weak, print even more money.” Of course, the asset that’s doing the best right now is gold. The yellow metal pushed above $1,600 yesterday. Gold is up 5.5% on the year in dollar terms and has set record highs in other currencies. Because gold is rising even in an environment where the dollar is strengthening against other fiat currencies, that shows you that there is an underlying weakness in the dollar that is right now not being reflected in the Forex markets, but is being reflected in the gold markets. Because after all, why are people buying gold more aggressively than they’re buying dollars or more aggressively than they’re buying US Treasuries? Because they know that things are not as good for the dollar or the US economy as everybody likes to believe. So, more people are seeking out refuge in a better safe-haven and that is gold.” Peter also talked about the debate between Trump and Obama over who gets credit for the booming economy – which of course, is not booming.






Dump the Dollar before Bank Runs start in America -- Economic Collapse 2020

Financial Armageddon -












We are living in crazy times. I have a hard time believing that most of the general public is not awake, but in reality, they are. We've never seen anything like this; I mean not even under Obama during the worst part of the Great Recession." Now the Fed is desperately trying to keep interest rates from rising. The problem is that it's a much bigger debt bubble this time around , and the Fed is going to have to blow a lot more air into it to keep it inflated. The difference is this time it's not going to work." It looks like the Fed did another $104.15 billion of Not Q.E. in a single day. The Fed claims it's only temporary. But that is precisely what Bernanke claimed when the Fed started QE1. Milton Freedman once said, "Nothing is so permanent as a temporary government program." The same applies to Q.E., or whatever the Fed wants to pretend it's doing. Except this is not QE4, according to Powell. Right. Pumping so much money out, and they are accusing China of currency manipulation ? Wow! Seriously! Amazing! Dump the U.S. dollar while you still have a chance. Welcome to The Atlantis Report. And it is even worse than that, In addition to the $104.15 billion of "Not Q.E." this past Thursday; the FED added another $56.65 billion in liquidity to financial markets the next day on Friday. That's $160.8 billion in two days!!!! in just 48 hours. That is more than 2 TIMES the highest amount the FED has ever injected on a monthly basis under a Q.E. program (which was $80 billion per month) Since this isn't QE....it will be really scary on what they are going to call Q.E. Will it twice, three times, four times, five times what this injection per month ! It is going to be explosive since it takes about 60 to 90 days for prices to react to this, January should see significant inflation as prices soak up the excess liquidity. The question is, where will the inflation occur first . The spike in the repo rate might have a technical explanation: a misjudgment was made in the Fed's money market operations. Even so, two conclusions can be drawn: managing the money markets is becoming harder, and from now on, banks will be studying each other's creditworthiness to a greater degree than before. Those people, who struggle with the minutiae of money markets, and that includes most professionals, should focus on the causes and not the symptoms. Financial markets have recovered from each downturn since 1980 because interest rates have been cut to new lows. Post-2008, they were cut to near zero or below zero in all major economies. In response to a new financial crisis, they cannot go any lower. Central banks will look for new ways to replicate or broaden Q.E. (At some point, governments will simply see repression as an easier option). Then there is the problem of 'risk-free' assets becoming risky assets. Financial markets assume that the probability of major governments such as the U.S. or U.K. defaulting is zero. These governments are entering the next downturn with debt roughly twice the levels proportionate to GDP that was seen in 2008. The belief that the policy worked was completely predicated on the fact that it was temporary and that it was reversible, that the Fed was going to be able to normalize interest rates and shrink its balance sheet back down to pre-crisis levels. Well, when the balance sheet is five-trillion, six-trillion, seven-trillion when we're back at zero, when we're back in a recession, nobody is going to believe it is temporary. Nobody is going to believe that the Fed has this under control, that they can reverse this policy. And the dollar is going to crash. And when the dollar crashes, it's going to take the bond market with it, and we're going to have stagflation. We're going to have a deep recession with rising interest rates, and this whole thing is going to come imploding down. everything is temporary with the fed including remaining off the gold standard temporary in the Fed's eyes could mean at least 50 years This liquidity problem is a signal that trading desks are loaded up on inventory and can't get rid of it. Repo is done out of a need for cash. If you own all of your securities (i.e., a long-only, no leverage mutual fund) you have no need to "repo" your securities - you're earning interest every night so why would you want to 'repo' your securities where you are paying interest for that overnight loan (securities lending is another animal). So, it is those that 'lever-up' and need the cash for settlement purposes on securities they've bought with borrowed money that needs to utilize the repo desk. With this in mind, as we continue to see this need to obtain cash (again, needed to settle other securities purchases), it shows these firms don't have the capital to add more inventory to, what appears to be, a bloated inventory. Now comes the fun part: the Treasury is about to auction 3's, 10's, and 30-year bonds. If I am correct (again, I could be wrong), the Fed realizes securities firms don't have the shelf space to take down a good portion of these auctions. If there isn't enough retail/institutional demand, it will lead to not only a crappy sale but major concerns to the street that there is now no backstop, at all, to any sell-off. At which point, everyone will want to be the first one through the door and sell immediately, but to whom? If there isn't enough liquidity in the repo market to finance their positions, the firms would be unable to increase their inventory. We all saw repo shut down on the 2008 crisis. Wall St runs on money. . OVERNIGHT money. They lever up to inventory securities for trading. If they can't get overnight money, they can't purchase securities. And if they can't unload what they have, it means the buy-side isn't taking on more either. Accounts settle overnight. This includes things like payrolls and bill pay settlements. If a bank doesn't have enough cash to payout what its customers need to pay out, it borrows. At least one and probably more than one banks are insolvent. That's what's going on. First, it can't be one or two banks that are short. They'd simply call around until they found someone to lend. But they did that, and even at markedly elevated rates, still, NO ONE would lend them the money. That tells me that it's not a problem of a couple of borrowers, it's a problem of no lenders. And that means that there's no bank in the world left with any real liquidity. They are ALL maxed out. But as bad as that is, and that alone could be catastrophic, what it really signals is even worse. The lending rates are just the flip side of the coin of the value of the assets lent against. If the rates go up, the value goes down. And with rates spiking to 10%, how far does the value fall? Enormously! And if banks had to actually mark down the value of the assets to reflect 10% interest rates, then my god, every bank in the world is insolvent overnight. Everyone's capital ratios are in the toilet, and they'd have to liquidate. We're talking about the simultaneous insolvency of every bank on the planet. Bank runs. No money in ATMs, Branches closed. Safe deposit boxes confiscated. The whole nine yards, It's actually here. The scenario has tended to guide toward for years and years is actually happening RIGHT NOW! And people are still trying to say it's under control. Every bank in the world is currently insolvent. The only thing keeping it going is printing billions of dollars every day. Financial Armageddon isn't some far off future risk. It's here. Prepare accordingly. This fiat system has reached the end of the line, and it's not correct that fiat currencies fail by design. The problem is corruption and manipulation. It is corruption and cheating that erodes trust and faith until the entire system becomes a gigantic fraud. Banks and governments everywhere ARE the problem and simply have to be removed. They have lost all trust and respect, and all they have left is war and mayhem. As long as we continue to have a majority of braindead asleep imbeciles following orders from these psychopaths, nothing will change. Fiat currency is not just thievery. Fiat currency is SLAVERY. Ultimately the most harmful effect of using debt of undefined value as money (i.e., fiat currencies) is the de facto legalization of a caste system based on voluntary slavery. The bankers have a charter, or the legal *right*, to create money out of nothing. You, you don't. Therefore you and the bankers do not have the same standing before the law. The law of the land says that you will go to jail if you do the same thing (creating money out of thin air) that the banker does in full legality. You and the banker are not equal before the law. ALL the countries of the world; Islamic or secular, Jewish or Arab, democracy or dictatorship; all of them place the bankers ABOVE you. And all of you accept that only whining about fiat money going down in exchange value over time (price inflation which is not the same as monetary inflation). Actually, price inflation itself is mainly due to the greed and stupidity of the bankers who could keep fiat money's exchange value reasonably stable, only if they wanted to. Witness the crash of silver and gold prices which the bankers of the world; Russian, American, Chinese, Jewish, Indian, Arab, all of them collaborated to engineer through the suppression and stagnation of precious metals' prices to levels around the metals' production costs, or what it costs to dig gold and silver out of the ground. The bankers of the world could also collaborate to keep nominal prices steady (as they do in the case of the suppression of precious metals prices). After all, the ability to create fiat money and force its usage is a far more excellent source of power and wealth than that which is afforded simply by stealing it through inflation. The bankers' greed and stupidity blind them to this fact. They want it all, and they want it now. In conclusion, The bankers can create money out of nothing and buy your goods and services with this worthless fiat money, effectively for free. You, you can't. You, you have to lead miserable existences for the most of you and WORK in order to obtain that effectively nonexistent, worthless credit money (whose purchasing/exchange value is not even DEFINED thus rendering all contracts based on the null and void!) that the banker effortlessly creates out of thin air with a few strokes of the computer keyboard, and which he doesn't even bother to print on paper anymore, electing to keep it in its pure quantum uncertain form instead, as electrons whizzing about inside computer chips which will become mute and turn silent refusing to tell you how many fiat dollars or euros there are in which account, in the absence of electricity. No electricity, no fiat, nor crypto money. It would appear that trust is deteriorating as it did when Lehman blew up . Something really big happened that set off this chain reaction in the repo markets. Whatever that something is, we aren't be informed. They're trying to cover it up, paper it over with conjured cash injections, play it cool in front of the cameras while sweating profusely under the 5 thousands dollar suits. I'm guessing that the final high-speed plunge into global economic collapse has begun. All we see here is the ripples and whitewater churning the surface, but beneath the surface, there is an enormous beast thrashing desperately in its death throws. Now is probably the time to start tying up loose ends with the long-running prep projects, just saying. In other words, prepare accordingly, and Get your money out of the banks. I don't care if you don't believe me about Bitcoin. Get your money out of the banks. Don't keep any more money in a bank than you need to pay your bills and can afford to lose.











The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more













The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Hillary Clinton's Top Secret Files Revealed Here

Financial Armageddon -

The FBI released a summary of its file from the Hillary Clinton email investigation on Friday, showing details of Clinton's explanation of her use of a private email server to handle classified communications. The release comes nearly two months after FBI Director James Comey announced that although Clinton's handling of classified information was "extremely careless," it did not rise to the level of a prosecutable offense. Attorney General Loretta Lynch announced the next day that she would not pursue charges in the matter. "We are making these materials available to the public in the interest of transparency and in response to numerous Freedom of Information Act (FOIA) requests," the FBI noted in a statement sent to reporters with links to the documents. The documents include notes from Clinton's July 2 interview with agents, as well as a "factual summary of the FBI's investigation into this matter," according to the FBI release. Throughout her interview with agents, Clinton repeatedly said she relied on the career professionals she worked with to handle classified information correctly. The agents asked about a series of specific emails, and in each case Clinton said she wasn't worried about the particular material being discussed on a nonclassified channel.





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