Norbert Michel, Jennifer J. Schulp, and Nicholas Anthony
Norbert Michel, Jennifer J. Schulp, and Nicholas Anthony
Travis Fisher and Joshua Loucks
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 to the point it can't afford it.
Despite a recent claim in Reason by Paul Schwennesen that a briefly successful Ukrainian advance somehow translates into an ultimate Ukraine victory. The hard facts of the war tell us something different.
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 to be put out of its misery before it makes the rest of us miserable.
Many “mainstream” economists are bothered by the popularity of economically-flawed policy proposals like tariffs and price controls. It’s their own fault.