It is the 18th of October 2019

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The Joke's On You!

The Joke's On You!

Authored by Doug “Uncola” Lynn via TheBurningPlatform.com,

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It's All About The December Tariffs Now: "These Negotiations Look Much More Difficult Than Phase 1"

It's All About The December Tariffs Now: "These Negotiations Look Much More Difficult Than Phase 1"

For all the breathless excitement unleashed by the Trump administration, what happened on Friday as part of "Phase 1" of the US-China trade deal, was rather underwhelming: the tariff increase scheduled to take effect on October 15 (from 25% to 30% on $250bn of imports) has been suspended, in return for greater Chinese purchases of US agricultural products (mostly soybeans and pork, which China desperately needs anyway), as well as some vague currency transparency provisions, and greater Chinese market access for financial services firms. Specifically, as laid out earlier, in return for suspension of the October 15 US tariff increase, China appears to have agreed to:

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IRS Adds Question On Crypto Usage To New Income Tax Form Draft

IRS Adds Question On Crypto Usage To New Income Tax Form Draft Read More

Historic Typhoon Devastates Japan; Millions Told To Evacuate Amid Flooding, Widespread Outages

Historic Typhoon Devastates Japan; Millions Told To Evacuate Amid Flooding, Widespread Outages

The largest typhoon in recorded history of Japan's Shizuoka Prefecture caused widespread flooding, power outages and destruction on Saturday, as local authorities warned over 7 million people to evacuate, according to Bloomberg (with other sources quoting figures ranging from 1-4 million). 

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J.P.Morgan Warns About The "State" Of The American Consumer

J.P.Morgan Warns About The "State" Of The American Consumer Read More

Arrest Of 750 Child Protesters In Hong Kong Sparks Outrage

Arrest Of 750 Child Protesters In Hong Kong Sparks Outrage

As with many movements, the ongoing pro-democracy protests in Hong Kong are dominated by younger, mostly student activists. 

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