In spite of the (unproven) assertions that young people have no interest in driving, Americans' delinquencies on car loans have hit a multi-year high, and there's no sign that fewer households want cars.
The government steals private property and calls it "asset forfeiture." Dating back to 1970, it's nothing more than a Drug War scam designed to enrich government bureaucrats.
Conservatives seem to want a "robust" state to replace the cultural, religious, and economic institutions that states destroyed in the first place.
Booms and BustsGlobal EconomyMoney and Banks
The Chinese debt is overwhelming not simply because of the volume, but because the figure has quadrupled in seven years.
Legal SystemInterventionismMonopoly and Competition
Financial MarketsGlobal Economy
New research is sparking fears that junk debt could trigger a repeat of the 2008 crash.