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The Intimacy of Disagreement
My mother, Esther, had a secret. It involved my father. My brother and sister and I were the only other people that knew the details. We were sworn to secrecy. Enough years have passed since she and my father are gone that I feel I can spill the beans and reveal a secret within a secret, a little gem of wisdom that I’ve never shared but think of often.
The article explained how China’s success can be attributed to a shift away from a planned economy. Additionally, creating cheaper versions of existing products gave the Chinese population more access to technology like smartphones, which gave rise to tech giants like WeChat, Xiaomi, and Tinno.
“Connecting the population digitally paved the way for apps like WeChat, which allow users to do everything from messaging to mobile banking,” the article noted. “These advances have become so widespread that companies like Xiaomi and Tinno have spawned from the shanzhai ecosystem to become authentic technology competitors on the world stage.”
VanEck’s ETFs
Do states and cities need Biden s $350 billion in direct COVID-19 relief? It depends where you re asking Joey Garrison, USA TODAY
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WASHINGTON – One year ago this week, Toledo, Ohio, collected more income tax revenue than at any point in the city s 188-year history.
Then the COVID-19 pandemic hit.
Businesses closed in the working-class Midwest city of 275,000 people, unemployment spiked, income dropped – and the city s primary source of revenue cratered.
Down $15 million in income tax collections from the record high – an 8% decline – the city dipped into its reserves. It furloughed more than 300 government employees, postponed maintenance on vehicle fleets, delayed street paving and pothole repairs and canceled an incoming class of firefighters.