What happens to the money the feds tax away from the elite? Where does it go? Back to its rightful owners? Does it boost working-class wages?
Don’t just follow the news on the global economy — get an inside peek into what’s happening in developed and emerging economies around the world, and what it could mean for your investments — right here.
Untying the US economy from China is not possible. The relationship is sick…but symbiotic. The US provides the fake money. China provides the cheap stuff.
What happens when one country gets jealous of another country’s advantage? What happens when China wants to be India and Australia wants to be Japan?
Government, always and everywhere, is a way for the few to exploit the many. Modern democracy depends as much on fraud as force. Elite conquerors pretend to respond to the ‘will of the people.’
Japan needs to make some structural changes. If they don’t they’ll be left severely disappointed, much like the investors buying Netflix today.
While most analysts seemed to fail to predict the Brexit vote back in 2016, they’re either a lot smarter now or they smelt Theresa May’s defeat a mile away.
There are talks of a recession everywhere. Many are predicting one…Still, some don’t believe we could be heading towards a recession…
Assets, markets, companies, and empires rise and fall. But now comes the most absurd myth of all — that the feds can ‘manage’ and ‘guide’ the economy,
Inequality is the problem…and government is the solution. In his article for the Herald, Bernstein drives that mantra home…
I’m not a technology nihilist. I don’t believe technology will rise up against us and thwart the human race. But tech of all shapes and sizes is pushing a lot of us out of jobs.
It took them months to admit what was already obvious to most of the population. That is, that the economic ‘slowdown’ was in fact a full-blown crisis.
As the skies darken and the outlook grows dim, will we be armed and ready? Or will we be the ones who end up cold, damp and penniless?
Process driven and highly repetitive jobs could disappear in your life time. It won’t all happen overnight. But in time, automation and robotics will take over a lot of these jobs.
From an economist’s perspective, this emerging economy is on a remarkable trajectory…outclassing cruisers like China or India.