Mar 5, 2019
The 2008 banking crisis was much worse and the old credit card trick was no longer avaiable. The Fed had to think of something else in order to bail-out U.S. banks.
Feb 5, 2019
The years between 1890 and the early 19th century saw rapid growth in Germany’s industrial capacity and export volume exceeding those of Britain.
Jan 8, 2019
In her books Hillary Clinton tried to explain why she, against all expectations, lost the election against Donald Trump.
Dec 10, 2018
There has been a dramatic change in the relationship between China and Japan during the past two years. This coincided with the start of the U.S. “tariffs” against China.
Nov 6, 2018
All in all, there is no need for undue concern, even though your stainless steel tea kettle may be radioactive; the level will be so low that no harm would come to you.
Oct 12, 2018
Rather than a shooting war, what we might see are “Proxy Wars,” such as the 1950’s Korean War, and a sharp intensification of the present economic and political warfare with China.
Aug 30, 2018
It is interesting that China finally reverts to a capitalistic system, where one only builds equipment in the hope of future profits, and not to please politicians.
Aug 2, 2018
One has to see it in proportion, it is still reasonable compared to Japan with 235 percent, Greece at 181 percent and Italy at 132 percent of their GDP. Even Singapore, a well governed and prosperous mini-state, has a national debt of 110 percent of GDP.