Introduction: It is important that move beyond the panic “oh my god” stage, and consider what these events mean for America. On one hand, recessions are not Armeggedon, but part of the normal business cycle. The economy must both inhale and exhale. Let’s not be like the fictional savages, who each winter worry that the …
Summary: How will this recession end? My guess: with re-balancing of the global economy and a decline of the US dollar so that the our goods and services are again competitive.  No more trade deficit, we can pay our debts, and there will be no serious outflow of jobs. There are several schools of economic thinking about …
Geopolitical implications of the current economic downturn Read More »
