China’s success has been due to seat-of-the-pants trial-and-error and raw, hard work. An extraordinary achievement. But, like over-exuberant children, they don’t know when to stop. Japan has been in a down-turn for over 25 years and it’s going to be devastated by its debt. Problems of the lower-middle class. The failure of the Fed is really quite simple to identify. A quick word on the stock market. Central bankers’ new toy: negative interest rates. Yes (no…?), there’s still no recovery! The absurd ‘growth’ in federal crimes. Mortgages with 3% down? They’re back! Job losses due to the TPP. Brazil’s collapse. Italy also hitting the skids.
view more