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Lost in the criticism of President Trump for chumming with North Korean leadership is America’s cozy relationship with other brutal authoritarians. Our trading partners and confidants include Vladimir Putin, Salman of Saudi Arabia, and President Xi Jinping of China, who is turning himself into an Emperor while turning China into a potential empire.

In today’s clip, comedian John Oliver calls out Xi for making a number of unhinged power moves since Trump assumed office. By a vote of 2998 to two, Xi has been appointed ruler for life by the Chinese parliament. His creepy kid musical-promoted “Belt and Road” project is actually a trillion-dollar trade coup aimed at 60 countries.

You’ll have to click to hear Oliver’s new slogan for the singin’ socialist youth. As for “Uncle Xi” taking advantage of a wave of short-term economic success to gobble up all the power he can? Yes, it reminds us of someone closer to home.

Play for parallels.

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For a long time, inflation has been the phantom of the American economy: often expected but never seen. But the latest Consumer Price Index, which showed that prices rose by five percent from May of last year to May of this year, raises fears that it is breaking down the front door and taking over the guest room.

The price jump was the biggest one-month increase since 2008. It appears to support the warning of former Treasury Secretary Larry Summers, who wrote in February that President Joe Biden's budget binge could "set off inflationary pressures of a kind we have not seen in a generation." Senate Republican leader Mitch McConnell charged last month that the administration has already produced "raging inflation."

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