ZH

FAST FIVE: China's 'Digital' Totalitarian Experiment

The question now is whether the increasingly defiant Chinese people will accept President Xi's all-encompassing vision. Those cameras will, among other things, feed information into a national “social credit system.” That system, when it is in place in perhaps two years, will assign to every person in China a constantly Read more…

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ZH

FAST FIVE: ECB Preview: Taper On Autopilot As Growth Is Downgraded

During the presser, Draghi is set to be grilled on trade protectionism, concerns surrounding Italy and the Bank's reinvestment policy. Uncertainties related to global factors, notably the threat of protectionism, remain prominent. INFLATION: RBC “don't expect Draghi's central message on inflation to change much from the last meeting” with the Read more…

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ZH

FAST FIVE: What Would It Take To 'Win' The "War On Drugs"?

Authored by Jacob Hornberger via The Future of Freedom Foundation, After decades of warfare, the federal drug war has become a predictable cycle. Newspaper reporters laud the DEA. Drug bust, followed by prosecution, conviction, and incarceration, followed by a new drug bust, followed by prosecution, conviction, and incarceration. Drug-war proponents Read more…

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ZH

FAST FIVE: Introducing 'Auto-Callable Notes': Wall Street's Latest Scheme To Rip Off Retail Investors

It's another classic Wall Street bait-and-switch. Despite the obvious flaws inherent in certain structured products targeted at retail investors – flaws that would become readily apparent to unsuspecting retail investors if they only bothered to scrutinize the fine print instead of blindly trusting their financial advisors – the big wirehouses Read more…

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