Global Economy

You know, socialist governments are just so sweet. They pay people to take vacations, and surely no one can complain about that!

I have been covering the story of the sovereign governments’ ongoing ventures into capital markets with their accumulated currency reserves (

Anyone who has read RJ Rummel’s

Whenever economic activity stagnates or declines, they quickly lower their interest rates and expand their credits.

With the egalitarian ideology at its core, the EU is heading in a direction that is opposite its original destination. The aim of the EU officials is to create a collective block and to build a high fortress around it. That block will hamper the growth of Europe.

From the movie review “Casualties of China’s Transformed Economy&#82

Though western central banks have not been printing nearly as fast as their Zimbabwe counterpart, they do have a long history of increasing the money supply. It forces one to ask how much of the growth in Western stock markets over the preceding twenty-five years has been created by a vastly increasing money supply, and how much is due to actual wealth creation.

To say that Bono's factory is something special would not be truthful. The Edun clothing line is doing well, and is employing hundreds of people. That's great. It's called capitalism.

Because of Iran's great oil wealth, it has been able, thus far, to stave off a hyperinflationary blow-off.