Bitcoin and its cousins are the latest symptom of the cancerous growth of our financial system. Once useful markets have become casinos. Now we are literally burning resources to create nothing of value
Will the bankruptcies of State pension plans crash America? History gives an answer.
Trump's tariffs threatens a trade war. His opponents cite the famous conclusions of David Ricardo about free trade – while forgetting what he said.
A stock market crash will hurt areas that produce stock certificates. Like San Francisco.
Summary: The course of US politics might depend on what happens to the US economy during the past three years. Predictions are difficult, but the trend is clear: the economy is slowing -- and has been since early 2015. Too bad journalists prefer to focus on the exciting noise, not the trend. By most metrics, … Continue reading See the trends of the US economy, looking towards 2020