Why Saudi Arabia Won’t Abandon Dollars for Yuan By: Daniel Lacalle There are numerous articles mentioning that Saudi Arabia may use the yuan, China’s domestic currency, for its oil exports. How much does Saudi Arabia […]
No, Sen. Warren, Greed Is Not Causing Inflation By: Daniel Lacalle Senator Elizabeth Warren recently stated that rising prices were due to corporations increasing their profits. “This isn’t about inflation, this is about price gouging […]
The US Misery Index Shows How Weak This Recovery Is By: Daniel Lacalle United States consumer confidence has plummeted to a decade-low in November. The University of Michigan’s consumer sentiment index fell to 66.8 in […]
Biden’s Infrastructure Plan Points to Even More Price Inflation By: Daniel Lacalle What is the worst thing a government can do when there is high inflation and supply shortages? Multiply spending on energy and material-intensive […]
Three Reasons Why the Biden Tax Increase Makes No Sense By: Daniel Lacalle Anyone who believes the “rich” and large corporations will pay for $28 trillion in debt or the $2 trillion in new deficit […]
The Everything Bubble: How A Debt-Driven Economy Creates More Frequent Crises By: Daniel Lacalle The pace of global recoveries since 1975 has been slower and weaker, consistently every time, according to the Organization for Economic […]
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