Category Archives: Politics
China’s Spectacular Reckoning
Change is constant. You can count on it. Earlier this week, for instance, it was revealed that China’s economy is growing at just 7 percent annually. The Middle Kingdom’s GDP hasn’t been this slow since 2009…during the midst of the … Continue reading
The Economic Motherboard is Now Fried
Economics is a boring and tedious trade to the casual observer. All the monthly report outs on GDP, employment, manufacturing, inflation, among other indexes, are a dull waste of time. What decisions could one possibly make to improve their lot … Continue reading
The Beginning of the End for the European Union
The European Central Bank initiated a new mass money debasement scheme yesterday. If you recall, this involves buying €60 billion ($66 billion) a month of European government bonds. Somehow this is supposed to improve the economy. No doubt, the European … Continue reading
From Bad to Worse in a Big Way
Just when it appeared that a $50 per barrel floor had been put under the price of oil, something unexpected happened. The price of oil dropped over 2 percent to about $48.74 a barrel. What’s more, it could fall much, … Continue reading
