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.
Angela Merkel has caused cultural blowback with seemingly unchecked migrant flows while simultaneously harming business with higher taxes and more anti-business regulation. The results have not been great.
Last year, on net, nearly 138,000 more people left California than moved into it from elsewhere in the US.
The authors of this plan apparently believe that all it will take is for the government to direct massive amounts of money toward these new projects, and everything else will fall into line