US Hit By Global Slow Down Impossible for America to insulate itself from the down turn WASHINGTON – Will US stocks recover? Or are they headed even lower? The optimists tell us that Wall Street...
America Needs Good Pro-Growth Structural Reforms Let's go back to Simpson-Bowles. We need action on fiscal and tax issues, deregulation and public education WASHINGTON – After the August 24 sell off, there was no real bounce back. The US stock market regained...
China’s Economy “Worse Than You Think” Jim Chanos of Kynicos conlcuded long ago that China is a house of cards WASHINGTON – A few years ago, Jim Chanos of Kynicos Associates made news because he had the temerity to...
A Very Weak American Economy While the US economy remains very fragile, the presidential campaign is about "anchor babies" WASHINGTON – The slow but steady decline of the US economy should be the main theme of this unfolding...
A Made In China Global Recession? Too much debt in China may trigger a global crisis WASHINGTON – After the disastrous 2008 global financial crisis triggered by crazy speculation in the US, the world has...
UK Cannot Exploit Its Shale Gas Reserves Political opposition and bad laws prevent exploitation of vast resources WASHINGTON – The US is enjoying the immense economic benefits of the hydraulic fracturing (“fracking”) revolution that made it...
Lift The US Oil Export Ban It makes no sense to keep an energy trade restriction created at the time of the OPEC oil embargo WASHINGTON – At the time of the first OPEC oil embargo (1973-74), in an attempt to protect shrinking domestic...
Kenya Held Back By Lack Of Accountability, Corruption Auditor-general's report indicates that only 1.2% of all government spending is properly documented WASHINGTON – According to a BBC story, only 26% of money spent and collected by the Kenyan government has...
A New President Who Knows Nothing About Foreign Policy? Among the 17 contenders for the GOP nomination, not even one has hands on executive experience in foreign affairs WASHINGTON – The recent Cleveland debates featuring all 17 Republicans who want to be president revealed that within this...
End Of The US Recovery? The slow expansion has been going on for more than 74 months. How long before the next recession? WASHINGTON – Ultra-contrarian David Stockman (davidstockmanscontracorner.com) is warning us that the tepid economic recovery America has enjoyed so far,...