The last time China hit a recession, in 2008, Beijing dumped massive stimulus into the economy. This time, China’s debt — over $50 trillion — has grown...
The US Government is no stranger to scamming citizens but the latest financial hustle being proposed, a sovereign wealth fund, is a flim-flam on steroids. It needs...
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Many “mainstream” economists are bothered by the popularity of economically-flawed policy proposals like tariffs and price controls. It’s their own fault.
Lowering rates is a tool to rescue the government. If you make it easy for governments to borrow, they will gladly do it and continue printing currency.
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Remember when progressive governments outlawed church gatherings but sanctioned sex orgies? Yes, it really happened. As more Covid authoritarianism comes to light, we are reminded the government...
Ask most people why our economy is advanced, and they will likely will answer, “Technology.” Yet, technical knowledge is meaningless without capital development, and capital development is...
