Chinese Productivity Shrinking

One measure of China’s economy suggests it is shrinking. China’s GDP continues to look stronger than most countries, at 6.9%, Continue reading →

Is Deflation Here

Deflation is worse than inflation because it is harder to control. At least within segments of the economy, deflation is Continue reading →

Another Black Monday

Markets are crashing around the world. We’ve been here before. That’s partly why they are crashing. Fear of previous failures Continue reading →

Stock Market Stumble

Maybe this is just a correction. Maybe this is the beginning of another bust. There is a wealth of opinions, Continue reading →

Beer Is Rare In Venezuela

Mentioning a beer scarcity in Venezuela may seem trivial, but in crises, the trivial can become key. (Remember the Boston Continue reading →

Uneven US Economic Recovery

The US economy is recovering and it isn’t. There are many conflicting stories because the economy is not one thing, Continue reading →

Big Oil’s Mistaken Business Model

Big Oil (and is there little oil) has a business model built on assumptions. That’s true of every business model. Continue reading →

Failing Countries

One advantage of the world’s diversity is the variety of scenarios under way. Speculation isn’t as valuable as observation. Venezuela Continue reading →