Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
May 13, 2019
Dow Plummets after China Retaliates with Higher Tariffs
The Dow plunged after China said it will raise tariffs in retaliation to last week's tariff increase by the United States. China hiked tariffs on $60 billion of imports from the United States. It first imposed the tariffs last year. Worries over the escalation of the trade spat with China just aren't going away.