BillHolter.com

Bill’s commentary:

“This is no different than what the US has done. Please read the book ‘Confessions of an economic hitman’ to fully understand the model of plunder.”

A report released on Monday by AidData noted that China finds itself in the unfamiliar role of being the world’s largest official debt collector, with a total outstanding debt (including principal but excluding interest) of at least USD 1.1 trillion owed by borrowers in the developing world to China.

Bill’s commentary:

“Just a ‘little’ more supply in an already crushed market?”

Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in New Jersey federal court Monday, saying that it had entered into agreements with the vast majority of its secured note holders and that it intended to trim “non-operational” leases.

The bankruptcy filing is limited to WeWork’s locations in the U.S. and Canada, the company said in a press release. WeWork reported total debts of $18.65 billion against total assets of $15.06 billion in an initial filing.

Bill’s commentary:

“Yes, ‘safe and effective’!”

Executives at the largest insurance companies in the United States are alarmed that teenagers, young and white-collar Americans in the prime of life are inexplicably dying at a record pace, causing a “monumental outflow” of death claims and drag on profits that is shaking the industry and causing some to take a fresh look at the problem.

Bill’s commentary:

“Amongst many other reasons …”

By the summer of 1812, Napoleon still thought of himself as nearly invincible. He had conquered nearly all of Europe with relative ease and brought the continent’s remaining rulers under his control. He had personally lost just a single battle.

And his chief nemesis, Great Britain, had just been dragged into a new war with its former colony, the United States.