China is no longer the most closed nation in the world – 01/31/2026 – Elio Gaspari

While terrorizing foreigners, the company announced that it will not ask for visas for visitors for a maximum period of 30 days.

China is no longer the most closed nation in the world and they are no longer the most open country in the world.

Crisis of capitalism

In a sign that something is up with capitalism, Saks Global, parent company of department stores Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus, .

The three served a clientele that covered that part of humanity that goes shopping willing to spend a thousand dollars in an afternoon.

Bergdorf is chic and Saks is a temple of consumption. The causes of the decline may have several explanations, but one sign is indisputable: a holding company controlling such different companies is a bet on failure.

Saks enchanted the world by putting heaters under its sidewalks.

None of the three had Tiffany’s charm, nor did Audrey Hepburn contemplating her window. It is now part of the Louis Vuitton conglomerate.

In the 19th century, when Charles Tiffany glass was the dream of rich people, Louis Vuitton was a talented French luggage carrier, in charge of packing Napoleon III’s wife’s clothes into imperial luggage.

Today, the Louis Vuitton brand is controlled by another conglomerate.


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