Maersk Warning About Global Slow Down – Recession In the US? Trade flows have been reduced. The worst since 2008 WASHINGTON – Maersk, (based in Denmark) is the largest shipping conglomerate in the world. Their business is to transport...
Emerging Markets Crisis Dragging Down The Global Economy Commodities prices collapse exposing trillions of dollars of bad debt. Negative ripple effects WASHINGTON – Will emerging markets in crisis drag down the global economy? Probably not. But they have added and...
“The Economist” Mocking China Front page illustraation showing a scared dragon going downhill while a disheveled President Xi tries to stay on the saddle WASHINGTON – It is no surprise that The Economist‘s cover this week is about China. The Shanghai Stock Market...
How Much Overcapacity In China? Monstrous Cement production went beyond any thinkable measure WASHINGTON – It has been said many times that the recent commodity prices collapse is due to sudden lack...
China Worries Fostered By Unreliable Government Data Analysts tend to think the worst when something unusual happens WASHINGTON – What’s going on in the Chinese economy? Nobody knows, really. We get bits and pieces; but not...
The West Is Impotent Regarding North Korea Kim Jong Un has atomic weapons; but he runs an impoverished country, with a decrepit economy WASHINGTON – North Korea is at it again. Apparently dictator Kim Jong Un ordered another atomic test, claiming that...
Obama Talks About Gun Violence In Order To Avoid Embarrassing Issues While major crises pile on, with a clever move the President got everybody to focus on his modest gun control initiative WASHINGTON – I’ve got to hand it to President Obama. He is a really capable politician. And probably the...
China’s Economic Slide And Its Political Repercussions The stock market fall may be an indication of more bad news to come WASHINGTON – The big 7% Shanghai stock market loss right at the start of the new year is surprising....
How Much Unemployment in China? Assumimg more people out of work, at some point this becomes a political issue WASHINGTON – The WSJ just had a front page story on China, focusing on factory closings, jobs losses, strikes and...
Coal Consumption On the Rise in Asia Developing countries pick the cheapest fuel to produce needed electricity WASHINGTON – The Paris climate talks may end up with new carbon reduction commitments made mostly by Europe and...