EU Money To Stop African Migrants? The latest European plan is a sign of despair or stupidity WASHINGTON – The EU-Africa Summit just held in Malta was supposed to lead to some kind of understanding between...
All Is Well In China? According to a major consultancy, nothing out of the ordinary in the Chinese economy WASHINGTON – A detailed report prepared by a major Western international economic consultancy pointed out that the doomsday predictions...
Italy Still In Crisis, But Some Media Are In Denial Headlines about declining public debt are delusional or deceptive WASHINGTON – Sometimes I wonder where is the boundary between self-deception and willful manipulation. Are some media in free...
Who Believes China’s Official Economic Statistics? The Chinese clearly publish false data. What we do not know is how big their lies really are WASHINGTON – We all know that China’s economy is slowing down. The Chinese government itself announced this. What we...
WSJ: Chinese Economy Not Fixed Overproduction, too much debt and bad loans WASHINGTON – “Chinese factories continue to pump out too much steel, glass, cement and other items even as they...
The Disastrous Consequences of China’s One Child Policy It may be too late to fix the damage WASHINGTON – “ one child mandate is the single greatest social-policy error in human history.” — Nicholas Eberstadt, political...
If The US Enters A Recession, Clinton In A Tough Spot The most recent GDP numbers indicate a slow down. And the economy may get worse in 2016 WASHINGTON – Democratic presidential candidate Hillary Clinton just declared that the Obama administration deserves an “A” when it comes...
Where Is The New African Middle Class? Rosy predictions failed to materialize. Lack of basic resources like electricity prevent a real economic take-off WASHINGTON – In a recent article focusing on why the African middle class is still rather small, The Economist...
Thanks To The Central Banks, The Equity Bubble Is Getting Bigger Governments are not engaging in serious economic policy reforms. Central bankers keep pumping in more liquidity. What will happen next? WASHINGTON – Imagine this. There are lots of chronically sick patients in the hospital. Many of them are deteriorating...
Greece: Anti-Austerity Tsipras Will Implement Austerity Political confusion has been added to economic disaster and fiscal nightmare WASHINGTON – The sovereign people of Greece, in their wisdom, just decided to give another chance to Alexis Tsipras...