War & Tariffs: What to do about North Korea
July 4, 2017
If you think about geopolitics at all, you know North Korea poses many problems for its neighbors. And for the United States. And for the whole world. If we take attack North Korea militarily, over a million South Koreans will die. Along with a lot of Americans on ships and on land over there. Nobody wants that. It might come to that, but nobody wants it. Now, North Korea has ICBMs that can drop a nuke on Alaska.
2009 Economic Prediction *Bumped and Updated*
March 14, 2009
Originally posted February 15, 2009 I know this is a little late, but I was waiting for Congress to spend another trillion dollars or so before committing my prediction to the public. Here goes: GDP and unemployment will flatten and even improve a bit in first half of 2009 for a couple of reasons: First, people will begin to look for excuses to spend money. This includes businesses.
The Other Shoe Drops
January 8, 2009
For months I’ve been echoing the warnings of Peter Schiff and others: when China stops buying American debt, we’re in deep, deep trouble. The possibility for hyperflation, prices rise by double-digits on daily or weekly measures, becomes palpably high. Even though this article from IHT failed to suprised me, I have a sick, frightened gnawing in my stomach: China has bought more than $1 trillion in American debt, but as the global downturn has intensified, Beijing is starting to keep more of its money at home - a shift that could pose some challenges to the U.