Liberty Blitzkrieg – by Michael Krieger
American citizens already have a hard enough time affording a home. Squeezed out by financial oligarchs buying tens of thousands of properties for rental income, and faced with real wages that haven’t budged since the mid-1970s, the demographic of U.S. citizens that historically dominated the new home market has been forced to live in their parents’ basements. Just to kick em’ when they’re down, Americans now face the impossible task of competing with laundered Chinese money. Continue reading “Chinese Purchases of U.S. Real Estate Jump 72% as The Bank of China Facilitates Money Laundering”