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The Third Wave Of Globalization Has Ended

The Third Wave Of Globalization Has Ended The global economy is certainly at crossroads. Protectionism and nationalism, a well-matched marriage of global chaos at the moment, has threatened to end the third wave of globalization that began in the late 1980s.  Capital Economics has published a compelling research note, titled “The end of globalization,” specifying […]

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UBS Warns Trump’s Trade Fights Are ‘Reversing 15-Years Of Global Progress’ 

UBS Warns Trump’s Trade Fights Are ‘Reversing 15-Years Of Global Progress’  Protectionism has cross-party support in the U.S., and nationalist parties continue to gain traction in Europe. Where there is inequality, there is a surge in protectionism; a risk that could trigger the next global economic crisis sometime around 2020. The Trump administration’s trade war and […]

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Former Fed Governor Warns Of “Several Decade Cold War” With China

Former Fed Governor Warns Of “Several Decade Cold War” With China Former Fed governor Kevin Warsh warned on Thursday that the US-China relationship is “probably as poor as” it has ever been since former President Richard Nixon and Henry Kissinger developed strategic relations between both countries in the early 1970s. “We’re at the risk of a […]

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China Vows To “Firmly Attack” Trump Tariffs “To The End At Any Cost”

China Vows To “Firmly Attack” Trump Tariffs “To The End At Any Cost” China has responded to President Trump’s calls for an additional $100 billion in tariffs, saying that it would counter U.S. protectionism “to the end, and at any cost.” “The Chinese side will follow suit to the end and at any cost, and […]

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3 Economic Fallacies That Just Won’t Die

3 Economic Fallacies That Just Won’t Die Henry Hazlitt discussed, dissected, and debunked 22 economic sophisms in his classic work ‘Economics in One Lesson.’ In any academic discipline, one can find two types of experts: those who are incapable of explaining complex ideas in a simple manner; and those capable of making the difficult look […]

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Not Nearly Enough Growth To Keep Growing

Not Nearly Enough Growth To Keep Growing   Jackson Pollock Shooting Star 1947 It’s amusing to see how views start to converge, at the same time that it’s tiresome to see how long that takes. It’s a good thing that more and more people ‘discover’ how and why austerity, especially in Europe, is such a losing and […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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