132 Comments

    1. Skidmore was part of the group warning the city about what they were doing. Very ugly story.

  1. Dear Catherine

    The US, Canada and Australia are traditional countries for immigration and the UAE is also known to attract many foreign workers, especially from the Sub-continent and The Philippines, so much of the information on the immigration infographic you showed did not come as a surprise to me. It was interesting, however, to see that Kazakhstan is also in blue. I had never thought of Kazakhstan as being a significant land of immigration. Where do these new immigrants come from? Could this have something to do with the construction of the One Belt One Road project?

    I can’t recall if it was in this report or in the Q2 Wrap Up Part 2 that you mentioned the new book by Sergey Glazyev. In any case, here is a link to free PDF download of Glazyev’s previous book.
    A Genocide Russia and the New World Order (1999)

    https://ia801304.us.archive.org/14/items/AGenocideRussiaAndTheNewWorldOrder1999_201511/A%20Genocide%20Russia%20and%20the%20New%20World%20Order%20%281999%29.pdf

  2. The coverage on CNN and MSBC about this is Mickey Mouse. They are careful about what they report. In fact, it is amazing how little they do report about it. Unfortunately there will be a massive exodus from China, expats and the wealthy. It is an unreported and unappreciated situation.

  3. Some may be baffled as to why China shut down their largest city, Shanghai, and for so long, with a zero Covid tolerance policy. Shanghai is a major exporting city, from which many important supplies are sourced. It seems that this shutdown is likely an act of war on China’s part, primarily against the United States. Since China has demonstrated that they have little to no respect for human life and China’s global dominance is of supreme importance to them, jeopardizing the lives of 20-25 million Chinese people living in Shanghai, (apx. 1-2% of their national population), likely mean little to them, if it results in weakening the United States.
    Yet China would have us believe that the loss of many lives through starvation and allowing for people to leap to their death from desperation and hunger is quite humane and far less serious than allowing for just 1 death from a cold, ie, a Covid!! Really? But we all should know by now that this is far too stupid to be stupid!

    1. What’s unique is that the MSM is allowing these deplorable events in China to air. I wonder if this is a warning setting the stage for events to come.

    2. Something to consider re: US-China relations. The Paulson Institute’s website states that Hank Paulson, former Goldman executive and US Treasurer during 2008, “… is chairman of the Paulson Institute, which aims to foster a US-China relationship that maintains global order in a rapidly evolving world. A “think and do” tank founded in 2011, the Institute operates at the intersection of economics, financial markets, environmental protection, and policy advocacy, in part by promoting balanced and sustainable economic growth. The Institute’s approach is an outgrowth of Paulson’s overarching commitment to engage with purpose and promote US-China ties in ways that help keep America strong and safe.” His bio states, “Earlier in his career, he was a member of the White House Domestic Council as well as a staff assistant at the Pentagon.” https://www.paulsoninstitute.org/about/about-the-founder.

      Further, the US-China Business Council website carries an article, “Hank Paulson Goes to China – The former Treasury secretary and Goldman Sachs CEO on the importance of cultivating a stronger relationship between the U.S. and China” that states, “In his roles within the banking industry and in the second George W. Bush administration, Henry M. Paulson Jr. has visited China more than 100 times and worked with three generations of Chinese leaders… In his latest book, Dealing with China, the head of the Paulson Institute (a nonprofit “think and do tank”) writes about China’s dazzling economic rise, its environmental problems and how the U.S. should work with this new superpower.
      https://www.uschina.org/china-hub/hank-paulson-goes-china-former-treasury-secretary-and-goldman-sachs-ceo-importance

      1. A year ago, I read Paulson’s “Dealing with China,” and can remember nothing about it. Except that Paulson went to meetings with some high level officials and had great success there.

        A better read (and time better spent) would be “Mr. China.” That is a classic.

        1. Thanks, Andrzej. Goldman has had an office in Shanghai for quite a while. They’re never up to any good. Mr. China looks interesting.

          Have you read WILD SWANS: Three daughters of China by Jung Chang (2003)? It’s a beautifully written firsthand account of one family through 3 generations leading up to and through the Cultural Revolution. Banned in China. It’s terrifying. One can imagine that it could happen again.

          1. Thanks Caroline, I will check it out!

            Mr. China is interesting because Catherine often tells the story of the pension funds moving money out of USA in early 1990s. Mr. China is a story of a man who was hired by a hedge fund in 1990s, which I assume was funded in part by such capital sources. It is also hilarious to see what was happening on the ground with that money. They bundled unrelated businesses together and sold them as industrial conglomerates to the investors. Three random machine shops became an industrial powerhouse. Spoiler – the fund squandered all of the investor’s money if I recall correctly.

    3. More likely it is a combination, primarily the real estate melt down.

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