Summary: The Economic Cycle Research Institute (ECRI), who correctly predicted the slow recovery, looks at the multi-year slowing in the economies of the developed nations -- its causes (the world is becoming Japan) and likely consequences. ECRI’s Simple Math Goes Global ECRI, 20 June 2016. Reposted with their generous permission. The risk of a global … Continue reading ECRI explains the global slowdown, and what lies ahead
Summary: Today Britain votes on the same choice Americans face in November -- choosing between a bad choice endorsed by ruling elites, and a leap into a probably worse unknown. Here's a brilliant analysis of Europe by Susan Watson (from 2013, still the best brief I've seen about the EU's politics). It reminds us why … Continue reading Politics of the EU: “Vanity and Venality”
Summary: The monetary experiments central banks are running in Japan, Europe, and America will shape the global economy of the 21st century -- no matter what the result. Here Stratfor looks at the growing tensions between the ECB and Germany. It's a sound analysis. But note Stratfor's top-down perspective. By "Germany" they refer not to … Continue reading Stratfor: Germany and ECB Face Off. Better than any WWF fight.
Summary: This essay by German sociologist Wolfgang Streeck provides a look at the the political crisis of Germany -- and Europe -- created by its leaders open of their borders, and more broadly about the new form of political leadership in the West (as Bush Jr. demonstrated for America after 9/11). He provides a different … Continue reading Sociologist Wolfgang Streeck explains the politics of the migrant crisis reshaping Europe
Summary: Stratfor looks at this week's regional elections in Germany. Much of the value of Stratfor's analysis is their top-down analysis provides a window into the thinking of the West's ruling elites (essentially their clients). Stratfor's analysis suggests that German's leaders remain delusionally complacent about the rising anger at their open borders policy and its … Continue reading Stratfor: The Refugee Crisis Redefines German Politics. It could get ugly.