The world is slowing down. No country escapes a recession forever, whether your country is capitalist or socialist or something in between. Communist and fascist countries are generally in a…
Who Cares About Italy?
The United States has been getting its economy in order, creating opportunities for stronger growth and a continuation of its long-running bull market. But, apparently, that’s not enough to prevent…
Central Planners Wrong Again
Based on action by central bankers, the euro should be weakening relative to the dollar, yet just the opposite is happening. The Federal Reserve Board has been raising interest rates…
Mutually Assured Destruction
Iran, North Korea and the world’s other despots may be able to take over the world without going nuclear or even firing a single shot. That’s because much of the…
ECB: Cheap Oil Is the Problem, Not Iran’s Nukes
If the European Central Bank (ECB) is to be believed, the biggest threat from the Middle East is not Iran getting nukes, it’s Saudi oil. What’s the big deal? Saudis…
Bazooka or Blunderbuss?
Any day now, it seems that European Central Bank President Mario Draghi’s full head of hair will migrate to his chin and turn gray, as the central banker morphs into…
It “Eats Societies Alive”
“Oh, no!” you’ve probably been thinking. “The cost of filling my gas tank dropped again!” Falling prices are a good thing for the cash-strapped American consumer, whose income on-average has…