Short post. With the recent events with Donald Trump, Kim Jung Un Summit Meeting, even the western media are questioning the effectiveness of Donald Trump. Now even the Media refers to following of Trump to some kind of Cult. https://www.youtube.com/watch?v=VCtMsuDycm8 China has gone that path before with the Cultural revolution but is Trump's America is going down the … [Read more...] about American Version of the Cultural Revolution Starring Donald Trump
China and US Trade Wars Part II, The 5g Wars.
In my last post, I have posted about a potential trade war between US and China. The recent ban resulting ZTE may longer purchase American hardware and software for the next 7 years. This ban will definitely mean that even if ZTE manages to source parts of the phone from non-us manufacturers, they may no longer sell Android phones in the west because google has the monopoly … [Read more...] about China and US Trade Wars Part II, The 5g Wars.
Why the US would not win the Trade war with China.
The US has threatened China with Section 301 of the US Trade Act of 1974 against China since early this year but China has retaliated back against the US. The only time when this section 301 was applied successfully was with Japan in the 1980's but it would not be the same with China today. I would like to point out this good article from Wall Street … [Read more...] about Why the US would not win the Trade war with China.
War against Twitter, Facebook and Google: End of Free speech?
Mainstream media were already conforming to America's censorship towards any 'unfriendly' messages against them. Perhaps the last known frontier towards free speech is the internet and it is going down also. Recently representatives from Twitter, Google, and Facebook are called to Capital Hill because of 'Russian … [Read more...] about War against Twitter, Facebook and Google: End of Free speech?
Abacus: Small Enough to Jail
During the 2008 financial crisis, it is well known that nobody went to jail because of it. However, it is relatively unknown that only one bank did get charged for mortgage fraud. Abacus Federal Savings Bank is a relatively small bank which has 6 branches in NY, PA and NJ, has uncovered improper behavior of one employee and was subsequently fired and reported the proper … [Read more...] about Abacus: Small Enough to Jail