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China is currently experiencing record high youth unemployment and a decrease in economic growth. Japan faced similar issues in 1989 when deflation and over-investment caused their stock market to collapse. Straight Arrow News contributor Larry Lindsey suggests that China could end up mirroring Japan’s crash. But he believes that China might be hit harder due…
The U.S. dollar has been the world’s dominant reserve currency for as long as most people alive can remember. Dedollarization talk in the past has never amounted to much, but with renewed calls to dedollarize, is king dollar about to lose its reign? I should say never is a very long time. I shouldn’t say…
Former President Donald Trump said he plans to surrender to authorities in Georgia, and it’s the end of an era for an iconic plumber. These stories and more highlight The Rundown for Tuesday, Aug. 22. Trump to surrender to authorities in Georgia Former President Trump planned to surrender to authorities on Thursday, Aug. 24 in…
The United States and its allies are preparing for a war where runways may not be an option. That doesn’t mean a flat stretch of dirt won’t do, though. General Atomics Aeronautical Systems Inc. (GA-ASI) successfully tested its Mojave unmanned aerial system in early August. The rugged expeditionary drone completed several takeoffs and landings on…
Analysts are raising concerns about deflationary trends in China’s economy. Joe Biden, in fact, called the world’s second-largest economy a “ticking time bomb.” Recent data indicates a decline in consumer and producer prices for China in July. This is the first time since November 2020, when the COVID-19 pandemic was at its peak, that both…
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