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While the mainstream media continues its obsessive reporting on the mud-slinging campaign for the White House, a dramatic development in China last week brought President Obama’s “pivot to Asia” to a sudden halt. Philippine president Rodrigo Duterte, while in Beijing, announced his country’s “separation” from the United States. He told his Chinese audience, “Your honors,... Read More
Following Monday’s historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose "solutions” to our economic woes. Not surprisingly, most of those commenting not only failed to give the right answers, they failed to ask the right questions.Many blamed the crash on... Read More
Last week World Bank economists predicted that China would soon displace the United States as the world’s largest economy. The fact that this one-time economic basket case is now positioned to surpass the US is one more sign of the damage done to American prosperity by welfare, warfare, corporatism, and fiat money. Some commentators have... Read More