File 033329
Email Forward: China's Behavioral Monitoring System and Economic News (File 033329)
Email from Larry Summers to Jeffrey Epstein forwarding a Bloomberg Business article discussing China's social credit system, behavioral monitoring, and global economic trends including Apple, Foxconn, and cryptocurrency market performance.
Summary
On November 21, 2018, Larry Summers forwarded a Bloomberg Business Evening Briefing article to Jeffrey Epstein highlighting China's implementation of behavioral report cards for residents as part of mass population monitoring. The forwarded article also covers major economic stories including holiday spending trends, Apple and Foxconn financial challenges, remarks by Chief Justice John Roberts criticizing President Donald Trump over judicial appointments, U.S. fossil fuel distribution issues, market volatility, executive compensation comparisons, and upcoming coverage on Brexit negotiations and other geopolitical developments.
From: LHS________________________________Sent: 11/21/2018 10:29:49 PMTo: Jeffrey Epstein [jeeyacation@gmail.com]CC: lhsofficeSubject: Fwd: China's dangerous testImportance: HighSee story on Chinese economistsSent from my iPadPlease direct all scheduling inquiries to my office at:Follow me on twitter glhsummerswww.larrysummers.comBegin forwarded message:From: Bloomberg <noreply@mail.bloombergbusiness.com>Date: November 21, 2018 at 4:46:50 PM ESTTo:Subject: China's dangerous testBeijing plans to give its 22 million residents behavioral report cards as China moves toward higher-intensity monitoring of its entire population. This strategy, similar to those of other Chinese cities,has been made easier by mobile technology and existing state restrictions on electronicanonymity. Getting an "F" on this test doesn't mean staying after school, though. Theconsequences can last a lifetime. —David E. Rove/laHere are today's top storiesIf there's one thing Americans do well, it's spend. The expectation this holiday shopping seasonis that they will burn through $1 trillion. But save a kind thought for one former king of Christmas:This is usually the most wonderful time of the year for gadget maker Apple. Not anymore.HOUSE OVERSIGHT 033329Apple's helpers aren't feeling joyous, either. Foxconn Technology Group, the biggest assemblerof iPhones, aims to cut $2.9 billion from expenses in 2019 as it faces " a very difficult andcompetitive year."In an extraordinary statement for a U.S. Supreme Court chief justice, John Roberts, anappointee of Republican President George W. Bush, criticized the Republican currently in theWhite House for implying a federal judge appointed by Democratic President Barack Obama waspartisan. U.S. District Judge Jon Tigar this week blocked Donald Trump's latest effort to restrictimmigration.U.S. fossil fuel producers say they expect to fix distribution issues tied to the Permian Basin nextyear, adding three pipelines and as many as 2 million barrels of oil a day. For OPEC, it's a verybad dream come true.Depressed about that money you just lost in your 401(k)? Don't feel too terrible, as it could havebeen much worse—just ask these guys. Besides, the bleeding finally stopped today as most equitybenchmarks rose.During his time Running Nissan, Carlos Ghosn earned a lot more than his Japanese peers, butnot nearly as much as other global auto leaders.What is Joe Weisenthal thinking about? The Fed. The Bloomberg news director has bad tidingsfor those of you who think the market's recent calamitous behavior might slow planned rate hikes.What you'll need to know tomorrow• China warns economists on predictions that don't toe the Party's line.• Dolce & Gabbana faces China boycott for "racist" videos.• The EU extended a stiff-arm to the U.K. over Sunday Brexit talks.• General Electric could be a $41 billion problem for these banks.• Scared investors will force Trump to deal on trade, TIAA Bank says.• A Boeing 737 narrowly avoided disaster on takeoff from Belfast.• George Papadopoulos? Robert Mueller says lock 'em up.HOUSE OVERSIGHT 033330Sponsored Content by The Points GuyWith perks like 5x points on airfare and hotels, up to $200 in annual Uber credits, access to anetwork of airport lounges and more this premium card is worth the annual fee. Get access toexclusive lounges with this card.What you'll want to read tonightHow Do You Get a Millennial to Watch Golf?When AT&T acquired the rights to a pay-per-view duel between legends Tiger Woods and PhilMickelson, it suddenly faced a challenge: How do you create a golf event that appeals to bothretirement age-traditionalists and a more lucrative, younger demographic? Less whispers, morewagers.;1474?Have you started strategizing for 2019? We have. Don't miss the annual BloombergBusinessweek special report, The Year Ahead, on the major trends, disruptions, breakthroughproducts, innovations and movements to watch in the coming year. Get Bloomberg All Access intime to receive this issue in print and much more.There's a new way to get the latest business news and analysis from Bloomberg. We're now onWhatsApp. Sign up here to get on-the-ground updates from reporters, breaking markets news, andmore.Download the Bloomberg app: It's available for iOS and Android.4171,FOLLOWSEND TO A FRIENDYou received this message because you are subscribed to Bloomberg's Evening Briefing newsletter.Unsubscribe I Bloomberg.com I Contact UsBloomberg L.P. 731 Lexington, New York, NY, 10022HOUSE OVERSIGHT 033331