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The Economic Tsar Who Built Modern China-And Whose Reforms The CCP Is Dismantling
The Economic Tsar Who Built Modern China-And Whose Reforms The CCP Is Dismantling
Authored by Heng He via The Epoch Times,
Former Chinese Premier Zhu Rongji, the hard-edged reformer who engineered China's rise from planned-economy backwater to global manufacturing giant, died this month at the age of 97.
Chinese Premier Zhu Rongji poses during a working session at the Europe-Asia summit in Copenhagen, Denmark, on Sept. 22, 2002. Gerard Cerles/AFP via Getty Images
His legacy-tax centralization, mass layoffs, China's accession to the World Trade Organization (WTO), and a brief, forgotten moment of tolerance...
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May 20, 2026 / Tyler Durden
Trump Order Increases Scrutiny Of Illegal Immigrants' Banking Activity
Trump Order Increases Scrutiny Of Illegal Immigrants' Banking Activity
Authored by Aldgra Fredly via The Epoch Times,
President Donald Trump signed an executive order on May 19 directing Treasury Secretary Scott Bessent to provide banks with an advisory on financial risks posed by individuals living in the country illegally.
In his order, Trump urged banks to pay attention to credit risks posed by offering mortgage loans, car loans, credit cards, and other consumer credit products “to the inadmissible and removable alien population.”
“Many of those borrowers face the possibility of the loss of...
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Oct 1, 2026 / Tyler Durden
Watch Live: SpaceX To Launch Google AI Chips Into Orbit In Push For Space-Based Data Centers
May 8, 2026 / Tyler Durden
Gold, Debt And The Inevitable Global Housing Market Crash
Gold, Debt And The Inevitable Global Housing Market Crash
Authored by Brandon Smith via Alt-Market.us
Maybe the most prominent economic discussion circulating today is the fear that the vast majority of people have been priced out of housing markets for the rest of their lives, regardless of the country they live. Gen Z and even Gen Alpha teens are already planning for a future in which buying a home is impossible. Those that are buying are aiming for cost efficiency and they are buying alone (prioritizing savings and home ownership over...
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