Historic mass auto workers strike
We don’t need communists to disrupt national production. We can make a mess of thing all by ourselves! Corporate greed, state neglect (“deplorables” and “globalization losers” are still very much…
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Huge Google trial: the latest news
Our view: Cornering a market and keeping it cornered are two fundamentally different things: the former occurs because of a product’s superior quality but the latter occurs because of a…
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Japan sees potential end to 25-year-old deflation
Because of its unique characteristics (extremely large but largely domestic debt per capita, persistent deflation etc), the Japanese economy may benefit from the global inflation Japan is potentially entering a…
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How to avoid war with China on Taiwan issue
India, now a player in space race as well, is an untapped resource of semiconductors and rare – earth elements. In the realm of chip design, India and China share…
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Officially, China does not worry about the depreciation of yuan
A currency controlled by an… openly secretive and authoritarian regime is not a good asset unless you want to trade to with them. From the start of the year (according…
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Russia takes hit in the war that REALLY matters
In the wake of the various sanctions by the West and the printing of money by the Bank of Russia, the ruble depreciates. This may not be all bad for…
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SEC won’t let the Ripple case go
If cryptocurrencies are securities, then our dollars are securities, too. Guess who dilutes their value! Last month, Ripple labs won a case against the SEC regarding selling their cryptocurrency, XRP,…
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Government fails to grasp this simple concept about CPI
Inflation = printing money (check) + expectations (check). Everything else is just propaganda. Believe your own bank accounts. In July, government data revealed a 3.2% annual rise in inflation, surpassing…
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Artificial intelligence and natural fear
Only in July, two new surveys about the American public opinion on AI and potential job losses via automation were released. Some of their findings may surprise you. The explosive…
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US rating downgrade by Fitch is not all bad news
In fact, it might be good news or an early warning Here is why: Strong underlying fundamentals: Despite our govenment’s best efforts, he American economy remains fundamentally robust and has…
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