The idle Process

2018 is Russia's first year of trying to move from the dollar to other currencies, it lost a potential return of about $7.7 billion. The Russian central bank increased its exposure to underperforming currencies such as the euro and the RMB, while it missed a 6.5% rise in the dollar. So, is the price of this "de-dollarization" in Russia worthwhile? In fact, Putin's dollarization is also a last resort. Due to the Crimean crisis, the US economic sanctions against Russia have not stopped, and even continue to strengthen. By March 2018, after the "double-sided spy poisoning case" in the United Kingdom, the United States continued to strengthen economic sanctions against Russia. For example, many state-owned energy companies and senior government officials in Russia have been listed on the sanctions list by the United States. Of course, as a reflection of the US economic sanctions, Russia has also made three major "de-dollarization" events ...

According to data released by the US Internal Revenue Service (IRS) this week, in 2017, if you want to be among the richest 1% of the population in  the United States , you need have at least 515,371 US dollars incomee per year. Even after accounting for inflation, this threshold is higher than before. The year has increased by 7.2%. Since the "Occupy Wall Street" demonstrators shouted the slogan "We are 99%" in 2011, the income threshold of the 1% of the richest people in the United States has increased by 33% after adjusting for inflation. The rate of rise is faster than all other groups, except those who are richer. In 2017,  if you want to be among the richest 0.1%, then you need at least have $2.4 million in annual income, up 38% from 2011. The threshold of the most 0.01% increased by 46%. At the same time, the 0.001% of the population (only 1433) had an annual income of at least $63.4 million in 2017, a 51% increase from 2011. S...

In the contemporary history of the United States, there has never been a president like Trump. Obsessive-compulsive disorder is always staring at the stock market and regard it as the vane of his success. In recent years, he has sent out dozens of hundreds of tweets that constantly mention the Dow Jones index. Every time the index hits a new high, he will celebrate and take the opportunity to attack the Democratic Party. Obviously, he is highly serious. The prosperity of the economy has a decisive influence on the outcome of the election. This has long been a commonplace, but letting go of the economy and talking about the impact of the performance of the stock market on the election prospects, this research topic has only gradually gained in recent years. Expert circles are more concerned. Some keen observers pointed out that in 2016, on the eve of Hillary's final defeat, the stock market did have a few days of return to negative. For those who have been in the political arena for...

As the 2020 election year approaches, competition between US presidential candidates is becoming more intense. Recently, US Presidential candidate Elizabeth Warren has become more and more supportive. On October 13, local time, according to the US Columbia TV news, Warren has recently extended the electoral advantage to 18 states, and 31% to 25% lead Biden, compared with 26% to 25% released in September, the gap Significantly expanded. This trend has made Wall Street and the US technology giants a bit flustered. Wall Street believes that Warren's coming to power may pose a huge threat to the US stock market; the US technology giant even threatened to "do everything possible" to deal with her. The least friendly to the market? If Warren is in power, what will happen to the US stock market? Hedge fund giant Leon Cooperman once said on CNBC's show: "If Elisabeth Warren is the next president, the stock market will simply not have to open." Leon Cooperman's r...

Gates, who attempted to downplay his relationship with Jeffrey Epstein on Wall Street, was smashed by the British media on Sunday, saying that he had a close relationship with Epstein. Epstein is a US billionaire who committed suicide in prison on August 9 this year. He was violently criticized for allegedly organizing underage girl sex transactions. Many politicians have avoided and clarified their relationship. Rumors have been rumored, the Gates office spokesperson once again stressed that Gates and Epstein's several meetings are only to discuss charitable causes and foundations, without any intersection of commercial interests and personal friendship, Gates has not participated in any party held by Epstein. The spokesperson revealed that Epstein is very close to Gates, but he is self-righteous in describing the relationship between the two parties and intends to create implicatures. But over time, the Gates team realized that Epstein's ability and ideas did n...

US President Donald Trump met with Chinese Vice Premier Liu He at the White House on October 11 and announced that China and the United States reached a first-phase agreement. Trump also said that he will also meet with China at the APEC summit in Chile in November and sign an agreement. The New York Times reported that just a few weeks ago, Trump was still seeking a comprehensive agreement. But today's agreement is far from a comprehensive agreement that Trump has been pushing. Many of the issues that the current government is most concerned about about China's economic behavior are still pending. Although the exact terms of the agreement are still being negotiated, the details announced by Trump include many concessions previously proposed by China, including the purchase of US agricultural products. It does not seem to solve some of the most difficult problems that the two countries have been trying to solve. The report said that if the two sides can not make progr...

Since entering the league, Ben Simmons's physical condition, athleticism, vision and off-season offense are top-notch, but only shots have been criticized. In the first two seasons of his career, Simmons made a total of 17 shots from three-pointers. In 0, when he is shooting on the outside, the opponent can make a "please" gesture at will. But even if he is not good at shooting, Simmons is still selected for the All-Star team last season. If he gets a shooting skill package? The prospects of Simmons are undoubtedly limitless. This summer, Simmons has been polishing his jumper under the guidance of trainer Chris Johnson. From some streaming videos, he can see that his three-point jumper has improved. In the preseason game against Guangzhou, Simmons hit the first three-pointer in his career, and in the subsequent game against the Hornets, he made a mid-range jumper. It seems that Simmons seems to have more confidence in his jump shot, and he is more willing to sho...