China has quietly bought stakes in America’s leading companies, and in various businesses all over the world. But the only way large amounts of US dollar cash can be readily and safely deployed is in US bonds.

Let’s look at the private sector. There, we find unemployment still around 10%. Adult males in their prime working years, however, have fewer jobs than ever before.

Like the two sides of the brain, people use politics both ways.

Stimulus spending is a net negative in the US; what about in China?

There are many towns and cities that are losing population, losing key industries, and probably on the verge of extinction.

Consumers spent a little more than was expected of them. And manufacturing did a little better than expected too. On the other hand, the federal government’s tax receipts plunged.

What’s best for the fellow who bought a house he can’t afford? Isn’t it to get out the house as soon as possible? What’s best for the fellow who didn’t save enough for his retirement? Shouldn’t he start saving as much as possible as soon as possible?

Europe seems to lack the things that make for a strong political system.

How do you enjoy a depression? Well, the first thing is to make sure you’re not in its way.

The mainstream economics profession is guilty of dereliction of duty. They should be telling people that this "recovery" is a scam.