The following is excerpted from Bronte Capital: The Macroeconomics of Chinese kleptocracy. China is a kleptocracy of a scale never seen before in human history… China…
… in its quarterly “flow of funds” report on Thursday, the Federal Reserve sharply revised its estimates of how much cash companies are holding on…
…one of her old foes may inadvertently have thrown her campaign a lifeline. The revelation that JPMorgan Chase (JPM) lost at least $2 billion in…
A shocking news report recently documented how Tennessee police were stopping drivers on the interstate and confiscating large amounts of cash, even if the drivers were accused of no crime. The report was particularly shocking because the special u…
