The Catholic Case for Communism

But in her attempt to create sympathy for the people attracted to communism and to overcome a knee-jerk prejudice against them, Day needlessly perpetuated two other prejudices against communism. First, she said that under all the goodness that draws people to communism, the movement is, in the final analysis, a program “with the distinct view of tearing down the church.” [RED FLAG] MORE

Chinese Bank With $100 Billion In Assets Is About To Collapse

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Trump sanctions taking down two of top four Chinese banks

While the western world (and much of the eastern) has been preoccupied with predicting the consequences of Trump’s accelerating global trade/tech war and whether the Fed will launch QE before or after it sends rates back to zero, Beijing has quietly had its hands full with avoiding a bank run in the aftermath of Baoshang Bank’s failure and keeping the interbank market – which has been on the verge of freezing – alive. MORE