Wealth Abuse

China Cannot Let This Happen

September 23, 2015 0

by John Rubino After borrowing — and largely wasting — $15 trillion during the Great Recession, China now looks like a typical decadent developed-world country, complete with slow growth, anemic consumer spending and unstable financial […]

Wealth Abuse

Okay, We’re Awake Now

August 28, 2015 0

by John Rubino It’s safe to say that most of the world is riveted by the news pouring out of the major (and minor) stock markets. Record declines followed by near-record spikes — besides being […]

Financial

The Only Thing Growing Is Debt

July 16, 2015 0

by John Rubino (Reuters) – Weak U.S. retail sales hint at slower economic growth Retail sales last month were broadly weak, with receipts at auto dealerships falling 1.1 percent after rising 1.8 percent in May. […]

1 2