Only 63.2% Of Americans In the Work Force, Lowest Figure Since 1978 – Fed Policies Cannot Change This Trend Due to automation, we have manufacturing growth without adding jobs. Most new opening are in sectors requiring low skills

By Paolo von Schirach Related story: https://schirachreport.com/index.php/2013/09/02/disruptive-technologies-like-3-d-printing-will-kill-millions-of-jobs-can-we-adjust-to-this-new-era/ September 8, 2013 WASHINGTON – Lacking any significant public policy initiative focusing on...

In China Easy Credit Led To High Growth But Also Many Bad Investments – In The Long Run This Is Unsustainable Professor Michael Pettis argues that China should tighten interest rates so that more expensive credit will go mostly to deserving borrowers

By Paolo von Schirach Related story: https://schirachreport.com/index.php/2013/08/28/underneath-chinas-still-impressive-7-5-growth-there-is-a-mountain-of-debt/ September 3, 2013 WASHINGTON – I pointed out in a recent piece how China’s...