SINCERETALK

President Donald Trump’s economic policies are not just as bad as the Gilded Age, according to a Nobel Prize-winning economist . They surpass them. The Gilded Age was a period in American history from the late-19th century to the early-20th century marked by severe income inequality and political corruption. It also preceded one of the worst economic meltdowns in U.S. history. Yet this economist says the seeds of the Trump era are already worse. “Forbes did compile a list of the richest Americans,” economist Dr. Paul Krugman told MS NOW anchor Katy Tur on Tuesday. Going back to 1918, Krugman noted that “if you look at the five richest Americans then versus the 15 richest now, in both cases, that's about 1/100,000 of a percent of the population. You know, that's not the one percent. It's far, far beyond that. The top five now are substantially richer relative to the population at large, relative to the size of the economy than their counterparts were then.” For example, Spa...

While some of President Donald Trump’s supporters and critics are claiming he lost America’s war against Iran, one foreign policy expert says Trump is losing a different consequential geopolitical battle — namely, America’s rivalry with China. “An uneasy quiescence has come to define U.S.-Chinese relations during U.S. President Donald Trump’s second term,” wrote Jonathan A. Czin of Foreign Affairs on Monday . “Although both governments are calling it ‘constructive strategic stability,’ U.S.-Chinese relations have been so tenuous and shallow, so lacking in ambition or any affirmative vision from either side, that it seems more apt to describe the current moment as a stalemate defined by ‘mutually assured disruption.’ Going forward, the crucial question for both sides will be who is making better use of this interregnum.” Czin went on to explain that the Chinese government sees the ongoing stalemate as a victory because China has positioned itself as America’s peer on the global stage....

Zeteo's political reporter Asawin Suebsaeng told Thor Benson that the president may not have the best track record using the "fake it until you make it" strategy. For the veteran journalist, Donald Trump's administration challenges are growing worse than his first term. Suebsaeng told Benson, "Things have changed since he was covering Trump's first term — and not for the better." "Not just illegality ... but the tolerance for scandal within the second Trump administration is somehow markedly greater than it was during the first four years," Suebsaeng continued. "And I am not someone who looks through rose-colored glasses [regarding] the first Trump presidency." While the first Trump White House was laughably corrupt and a political joke, there's a different situation evolving in which Democrats may not hold Republicans accountable if they can win the House and Senate. "It was one of the most bats—— eras of modern American p...

The Vision Consortium is in talks with the SA government over a potential deal to keep the mills of distressed sugar giant Tongaat Hulett running. from News24 News24/TopStories/rss https://ift.tt/91IYHFB via sinceretalk

Hundreds of Sassa grant recipients are being duped into signing funeral policies under false pretences – and no one is stepping up to help them, writes Maya Fisher-French. from News24 News24/TopStories/rss https://ift.tt/36RB1uO via sinceretalk

Tonight, Trump is throwing an 80th birthday bash for himself (he says it’s in honor of the 250th birthday of the United States) with a “Freedom250” Ultimate Fighting Championship cage match on the South Lawn of the White House at 8 p.m. ET. It will be a bloody gladiator fight taking place inside a 600-ton, 154-feet-tall skeletal structure called “the Claw,” painted red, white and blue. Opponents will punch, kick, wrestle, choke, and use jiu-jitsu on each other until one of them is unconscious or verbally concedes, or a referee stops the fight because one is judged too damaged to absorb any more violence. This is a money-making operation for the UFC (which is offering special-access VIP packages for $1.5 million), for Trump buddy David Ellison’s Paramount (which will livestream it to you if you buy a subscription for $8.99 a month — see here ), for Crypto.com and Ram (which are sponsoring it), and for Trump (who’s deciding which of his billionaire friends and CEO buddies will be invit...