Joe Biden, as recently as 2019, is on record saying that he didn’t see the nation-state of China as a major threat—economically or from a spying standpoint. When pressed on whether China was ready to overtake the U.S. economically, he ridiculed the idea, and finished his statement with the phrase “Come on, man.” Regarding spying he said, “they aren’t bad folks, FOLKS..” It’s surprising, then, that someone with a security clearance as high as the vice president of the United States would either be that naïve, or that deceptive. Bloomberg reports that as far back as 2010, during the Obama-Biden administration, the U.S. Department of Defense found thousands of its computer servers sending military network data TO China — the result of source-code hidden in chips that handled the machines’ startup process. Today, we'll review a Bloomberg report on how China is spying on military operations, companies, and everyday people. Then, estate planning attorney Libby Banks joins us to review asset protection techniques that are 100% legal. An important show you don't want to miss....MASTERING MONEY is on the air!!!