The Chinese housing crisis has attracted coverage and criticism from observers around the world, raising concerns about its potential to destabilize China’s entire economy. The U.S. experienced its own financial crisis in 2008, the country’s worst economic disaster since the Great Depression. Straight Arrow News contributor Larry Lindsey reviews the history of modern financial crises in…

As inflation cools and Federal Reserve Chair Jerome Powell hints at interest rate cuts next year, markets are rallying and consumers are spending. Yet many Americans remain pessimistic about the economy as the cost of living continues to soar, particularly when it comes to housing. Straight Arrow News contributor Peter Zeihan explains why inflation jumped…

If you’re looking for a little holiday cheer, it’s the perfect time to check that 401(k) balance. Stocks are soaring this week and the Dow Jones Industrial Average hit a record high, erasing nearly two years of turmoil. The previous high was set in January 2022. The S&P 500, a collection of the 500 largest…

Since taking office on Dec. 10, Argentina’s President Javier Milei has moved swiftly ahead with a program of radical reform. In just 72 hours, President Milei eliminated half of Argentina’s federal ministries, froze all public works programs, and allowed the Argentine Peso to lose more than half its value. Straight Arrow News contributor Peter Zeihan…

American states are breaking records for their lowest unemployment rates in history, and the American economy is booming. U.S. workers are also now “mostly happy” with their employment. Straight Arrow News contributor Larry Lindsey cautions that part of this success is due to a phenomenon called “labor hoarding,” where companies retained as much labor and…

To address the ongoing immigration crisis, former President Donald Trump has announced that, if elected, he will expand his first-term border policies, including sweeping raids and placing undocumented immigrants in camps. Meanwhile, Florida Gov. Ron DeSantis (R) has signed a strict immigration law which penalizes employers for hiring undocumented workers. Straight Arrow News contributor Dr.…

People in Argentina are ready to take a chainsaw to their economy. On Dec. 10, President-elect Javier Milei will take office after his resounding electoral victory against the status quo candidate. Milei, a shaggy-haired, rockstar-esque, eccentric economist, fashions himself an anarcho-capitalist. People call him Argentina’s Trump, but former President Donald Trump never destroyed the U.S.…

India’s Adani Green Energy is constructing a 30-gigawatt hybrid renewable energy park, combining wind and solar on the salt flats of Gujarat, one of the largest salt deserts in the world. The Khavda Renewable Energy Park spans 280 square miles and aims to contribute significantly to India’s goal of installing 500 gigawatts of clean energy…

Ukraine’s security service blew up railway connections linking Russia to China in a strike carried out deep in Siberia. This targeted action severed the only significant railway link between Russia and China, potentially impeding the flow of military supplies from China to Russia. Straight Arrow News contributor Peter Zeihan sheds light on the potential fallout…

In 2023’s third quarter, U.S. real gross domestic product (GDP) increased by 5.2%. This growth was driven by upswings in various sectors, including consumer spending, private inventory investment, exports, and local, state and federal government spending. Straight Arrow News contributor David Pakman argues that the Republican forecast of an economic downturn under President Biden never…