Category: Economy
Japanese Toasters Are Showing You the Future
Rice. Grilled fish. Miso soup. That’s what breakfast food used to be in Japan. But that’s not the case anymore. Some might tell you this is globalisation at work, yet I’d argue the opposite.
America’s ‘Light Unto the World’ Is Now a Bonfire
The cost of living has continued to rise. By the 21st century, the typical man had to work twice as long to buy an average house and an average car as he did in 1975.
Trickle-Up Economics
Keynes’ prediction never came to pass. We still work 40 hours a week on average. And toil harder than ever before. Those gains in productivity are real. But where did they go?
Here’s What Uber Is Really Worth
Three times, the Dow has tried to beat its October 2018 high of 2,680. And three times, it has failed. This ‘triple top’ formation is a bad sign.
Hedge Funds No Longer on Trump’s Side
China wants a deal, Trump can smell it! It’s why they’re printing yuan in the billions and pushing it out into the system.
US-China Trade War! What it Means for NZ
It will be one of the interesting events in our history as the US confronts China over its trade practices. For now, all we can do is have faith that fairness will prevail.
The Nice Thing About Donald Trump…
China has been providing Americans with low-cost goods for nearly 40 years…with trade barriers coming down steadily. Suddenly, the China trade is unacceptable.
How ‘Megapolitics’ Destroy Wealth
In the ongoing trade war, the Chinese are unleashing their own dogs. They’re now threatening to stop buying food from the US altogether and even sell their US Treasuries.
Should Alabama Impose Tariffs on California?
Banning trade didn’t work for North Korea. Instead, it created a Hell on Earth. But how about the US? Would it create an Eden here?
Winter Is Coming: All the Signs of a Slowing NZ Economy
Orr, Jones and friends seem to think that the economy needs jump-starting. Maybe it does…let’s look at the facts.
The Only Real Way to ‘Fix’ Capitalism
Capitalists are conscious. They always try to get the outcomes they want…and they don’t mind cheating — when they can get away with it.
Did Adrian Orr Just Predict a Crash in New Zealand?
When the Great Financial Crisis hit in 2008, the RBNZ dropped the OCR by 6%. If something happened today, they only have 1.5% to work with.
Washington’s War on Tomatoes
The stock market was rattled after Donald Trump threatened to raise tariffs on Chinese goods.The Chinese replied with silly threats of their own.
The Next Anvil Waiting to Drop
As Trump continues to starve China of dollars, the Middle Kingdom might become more desperate. China will either cave to America’s terms, or they will have to radically change how they do things.
Wisdom Comes at a Price…
Mr Trump watched the stock market sink; the Dow dropped as much as 648 points intra-day. He fully intends to blame the next downturn on the Fed.