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Trump's policies could enable America's economy to outpace China's

The great engine of American capitalism is once again firing on all cylinders, as shown by the 4.1 percent annualized growth of America’s gross domestic product (GDP) in the second quarter of this year. Most Americans (with the exception of Democrats in Congress) are celebrating the good economic news. There is quiet rejoicing in many European and Asian capitals as well, since their mostly sluggish economies will now be drawn along in America’s ... Full story

Another epic economic collapse is coming Post

Eric Sevareid (1912-1992), the author and broadcaster, said he was a pessimist about tomorrow but an optimist about the day after tomorrow. Regarding America’s economy, prudent people should reverse that. This Wednesday, according to the Financial Times’s Robin Wigglesworth and Nicole Bullock, “the U.S. stock market will officially have enjoyed its longest-ever bull run” — one that rises 20 percent from its low, until it drops 20 percent from ... Full story

Policy in Hangzhou praised by public: Low rent in exchange for elderly care volunteer

Flinching from high rent? Now young generations in China may have a new way out of the plight. Full story

Newt Gingrich: Democrats have no idea what demons they are unleashing

A few weeks ago, a member of the Democratic Socialists of America (DSA) wrote an article for Vox explaining the movement’s goals – to end capitalism and radically change America. In normal times, the declarations of a fringe party and ideology in America would not merit much attention. However, these are not normal times. A new Gallup poll shows that 57 percent of Democrats have a favorable view of socialism – while only 47 percent view ... Full story

South Africa farm seizure: Terrified white farmers plot escape as crackdown looms

Tensions among the country’s white farming community have been rising since the election of Cyril Ramaphosa assumed office earlier this year and committed his African National Congress (ANC) to land expropriation. And ANC chairman Gwede Mantashe sparked panic last week when he said: “You shouldn’t own more than 25,000 acres of land. “Therefore if you own more it should be taken without compensation. “People who are privileged never give away ... Full story

Social significance of community health service centers in China

The Chinese government is currently in the process of reforming its health sector, as it looks to relieve the intense pressure on the country's large public hospitals.  Full story

Pentagon warns China training for strikes on US targets

The Pentagon warned in a startling new report that China is likely training for bombing strikes against U.S. targets, while developing its nuclear capabilities. The revelations come in the Pentagon’s 2018 report to Congress on “Military and Security Developments Involving the People’s Republic of China” which focuses on developments in 2017. Overall, the report found that China wants to leverage its economic, diplomatic and strategic strength ... Full story

Loomis Bond Veteran Cuts Bets on Asia FX in Trade War Hedge

The U.S. trade war with China is set to linger, dragging currencies across Asia deeper into the conflict. That’s the view of Lynda Schweitzer, a portfolio manager at Loomis Sayles & Co. with more than of investment experience, who has cut Asian emerging-market currency exposure to help stem those risks. “We are looking at a long period of uncertainty as this trade war plays out. We are not calling the bottom,” Schweitzer said of the latest ... Full story

How can you change someone's mind?

Why do arguments change people's minds in some cases and backfire in others? Hugo Mercier explains how arguments are more convincing when they rest on a good knowledge of the audience, taking into account what the audience believes, who they trust, and what they value. [TED-Ed Animation by TED-Ed] Full story

Public 'back' taxes to tackle single-use plastic waste News

There is high public support for using the tax system to reduce waste from single-use plastics, the Treasury says. A consultation on how taxes could tackle the rising problem and promote recycling attracted 162,000 responses. Treasury Minister Robert Jenrick said the government was looking at "smart, intelligent incentives" to get plastic producers to take responsibility. Reports suggest a levy on manufacturers and some disposable plastic ... Full story