Brief: The US Needs to Find a New China Every Year to Fund Growth in National Debt
The US will need to find a new buyer of debt equivalent in size to all the holdings of China and Hong Kong, every single year
It’s Official: This Is Now the Longest Economic Expansion in US History
Since 1854, the average economic expansion has lasted just over three years
Map: The Largest Empires in History
The territorial extent of largest largest 100 empires in history from the Akkadian Empire to the British Empire
Louis-Vincent Gave: Chinese Won’t Let Yuan Devalue
“To cut your dependence on the US dollar, there’s only one way to do it and that’s by having a strong currency”
Wolf Richter: Fed Has Already Achieved Stealth Stimulus
“The Fed hasn’t even cut and it has already accomplished everything it could ever want to accomplish to stimulate the economy”
A Secular Shift Is Underway in Monetary Policy
Central banks doing everything in their power to preemptively fight recessions is not normal. Recessions are normal.
US Imports from Vietnam, Taiwan Surging; Chinese Imports Falling
Vietnam has leapfroged several countries to become the eighth largest import partner for the United States
Tony Nash: European Era Is Dead; Trade Diplomacy Now Asia Centric
“They’re not coming back for 100 years in terms of diplomacy”
Ed Hyman: ‘Disturbing’ Signs in Economy, Recession Not Yet Imminent
“When we are approaching a recession, we will see clearer signs than we are now”
Map: The Human Population for the Last 2000 Years
How the human population has grown, and at times shrunk, over the last two thousand years