Category: Economy
When Interest Rates Stop Working
A waning Japan. Overvalued tech. Tesla’s decade-long history of losses. All of this is only possible because of irresponsible money creation.
How America Goes Full-Venezuela
We suspect a big disaster is coming later in the century…and why we suspect it will be centred in the Fake Money Capital of the World – the USA.
Chinese Companies are Increasingly Venturing Outside of China
While coffee drinkers knock back around 120 cups of coffee per year, the average consumption for China is only one cup a year. But interest for coffee in China is growing.
Why You Should Never Trust an Economist
Most economists work in the upper echelons of government, academia, or big corporate…and we have developed a certain job security by convincing folks that economics is a science. It isn’t.
Ireland’s and its‘Great Crumble’
Claptrap comes in many guises and disguises. Sometimes, it is based on inconsequential error. Sometimes, it is just bad judgment.
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.