CHINA’S President Xi Jinping has demanded the military of Southern Theater Command to “prepare for war” as he tours the country to increase confidence amid a trade war with the US.
World War 3: China’s President Xi Jinjing orders military to ‘prepare for WAR’ Daily Express
The details of the deal were famously written on the back of a napkin when Gou and the Republican governor first met: a $3 billion state subsidy in return for Foxconn’s $10 billion investment in a Generation 10.5 LCD manufacturing plant that would create 13,000 jobs.
The size of the subsidy was stunning. It was far and away the largest in Wisconsin history and the largest government handout to a foreign company ever given in America. Like most states, Wisconsin had given subsidies to companies in the past, but never higher than $35,000 per job. Foxconn’s subsidy was $230,000 per job. …
Some doubt the subsidy will ever actually be recouped. “Realistically, the payback period for a $100,000 per job deal is not 20 years, not 42 years, but somewhere between hundreds of years and never,” wrote Jeffrey Dorfman, an economics professor at the University of Georgia, in a story for Forbes. “At $230,000 [or more] per job, there is no hope of recapturing the state funds spent.” And this was before the subsidy had risen to $4.1 billion, or about $315,000 per job.
Wisconsin’s $4.1 billion Foxconn factory boondoggle The Verge
Humanity has wiped out 60% of mammals, birds, fish and reptiles since 1970, leading the world’s foremost experts to warn that the annihilation of wildlife is now an emergency that threatens civilisation.
Humanity has wiped out 60% of animal populations since 1970, report finds Guardian
Detroit-area Rabbi Jason Miller said on Facebook that there are at least 60 rabbis on a directory of Michigan rabbis and “yet the only rabbi they could find to offer a prayer for the 11 Jewish victims in Pittsburgh at the Mike Pence rally was a local Jews for Jesus rabbi? That’s pathetic!”
Rabbi cites Jesus in prayer for synagogue victims with Pence AP
A U.S. government agency has launched an internal investigation after airing a Spanish-language program earlier this year describing George Soros as a “multimillionaire Jew” and espousing conspiracy theories about the billionaire philanthropist.
The 15-minute segment was aired in May by Radio and Television Martí, which broadcasts news and other programs promoting U.S. interests to audiences in Cuba.
The program calls Soros a “nonpracticing Jew of flexible morals,” claims that he was involved in “clandestine operations that led to the dismantling of the Soviet Union” and describes him as “the architect of the financial collapse of 2008.”
It also makes repeated references to Judicial Watch, a conservative watchdog group that has launched an “Expose Soros” fundraising campaign and whose director of investigations and research recently claimed without evidence that the “Soros-occupied State Department” is funding the migrant caravan making its way to the United States.
U.S. agency vows to investigate broadcast report that called George Soros a ‘multimillionaire Jew’ Washington Post
The Amazon.com Inc. founder lost $19.2 billion over the past two trading days — the most ever in that time, according to the Bloomberg Billionaires Index — amid a global market selloff fueled by fears of further trade tensions.
Bezos Sets New Wealth Record, Losing $19.2 Billion Over Two Days Bloomberg
The US military will deploy 5,000 troops to the southern border – up from initial estimates of 800, according to the Wall Street Journal, citing US officials. The troops will be sent to Texas, Arizona and California as Central American migrant caravan makes its way north through Mexico.
US Mobilizes 5000 Troops To Mexico Border To Confront Migrant Caravan MPN
Bolsonaro did not get the majority of the 147m Brazilians entitled to vote. Although it is compulsory to vote in Brazil, around 30% spoilt their ballots or entered blank papers. Also the Workers Party is still the largest party in the lower house of the Brazilian Congress, which has 30 different parties represented. So it won’t be easy for Bolsonaro to get his most authoritarian measures passed democratically.
Most important remains economic policy. As I have explained in previous posts, the Brazilian economy is in trouble. Economic growth is stagnating at best.
Unemployment is near post-global crash highs.
Because the rich do not pay taxes and inequality of income and wealth is one of the highest in the world, the government does not raise enough revenue to avoid huge annual deficits.
As a result, Brazil’s public sector runs the largest debt to GDP among all emerging economies.
Brazil’s Tropical Trump Michael Roberts
Nearly half of all current military troops believe the United States will be drawn into a major war soon, a jarring rise in anxiety among service members worried about global instability in general and Russia and China in particular, according to a new Military Times poll of active-duty troops.
About 46 percent of troops who responded to the anonymous survey of currently serving Military Times readers said they believe the U.S. will be drawn into a new war within the next year. That’s a jarring increase from only about 5 percent who said the same thing in a similar poll conducted in September 2017.
Why today’s troops fear a new war is coming soon Military Times
The Old Mole 