Garrisoning the Globe, How U.S. Military Bases Abroad Undermine National Security and Harm Us All
How military bases cement US power.
Read more...Category Archives: Globalization
Germany’s Handling of Immigration Will Shape the Future of Europe
Immigration could turn around Germany’s main weakness – its precarious demographic situation.
Read more...Soft Power Raises Exports
A nation’s hard power is based on its ability to coerce, while its soft power depends on the attractiveness of its culture, political ideals, and policies. This column shows that a country’s soft power has measureable effects on its exports. Countries that are admired for their positive global influence export more, holding other things constant.
Read more...Why Tax Havens Will Be at the Heart of the Next Financial Crisis
Examining an excellent in-depth investigation by Reuters into global financial stability issues, and the role of tax havens in this giant game of pain and plunder.
Read more...Ilargi: The Real Refugee Crisis Is In The Future
Perhaps Angela Merkel thought we didn’t yet know how full of it she is. Perhaps that’s why she said yesterday with regards to Europe’s refugee crisis that “Everything must move quickly,” only to call an EU meeting a full two weeks later. That announcement show one thing: Merkel doesn’t see this as a crisis. If she did, she would have called for such a meeting a long time ago, and not some point far into the future.
Read more...Currency Depreciations Don’t Boost Exports as Much as They Used To
A new study has important implications for IMF policies as well as for Greece, both “reformers” and those who advocate a Grexit.
Read more...London Capital and the Bryan Cook – Thomas Yi Scam Spree, 2010 to 2015
Yves here. Richard Smith is on the trail of what looks to be his biggest international scam find ever, orders of magnitude larger than the usual below the radar single to low double digit million dollar/pound/euro operation that he has ferreted out in the past. And mind you, even though he focuses on the dubious […]
Read more...Picking Apart One of the Biggest Lies in American Politics: “Free Trade”
How the Founding Fathers and successful advancing economies steered clear of manufacturer-destroying “free trade”.
Read more...German Wage Repression: Getting to the Roots of the Eurozone Crisis
How Germany’s wage repression, a war against its own workers, has been exported to the rest of the Eurozone.
Read more...The ALEC Rankings: Does Smaller Government Mean Higher Growth?
Demonstrating why Menzie Chinn stated, “The ALEC economic outlook ranking is, in my assessment, a manifestation of faith based economics.”
Read more...Michael Pettis: Do Markets Determine the Value of the RMB?
A thorough discussion of the background and implications of the so-far modest devaluation of the RMB.
Read more...Does a Strong Dollar Hurt Emerging Markets?
Conventional wisdom has it that strengthening dollar hurts emerging markets via a sudden exodus of host money. A new study argues that real economy forces are a bigger driver, specifically lower commodity prices.
Read more...Don Quijones: Spain Hit by Trade Suits, a Bitter Foretaste of TTIP
Spain has been hit by 19 trade suits over renewable energy subsidies alone. More would come if the TTIP become law.
Read more...Power 8, Sponsor of Everton FC, Fulham FC and RCD Espanyol, is a $250Mn Pyramid Fraud
Power 8, Sponsor of Everton FC, Fulham FC and RCD Espanyol, is a $250Mn Pyramid Fraud.
Read more...Australian Trade Minister: TPP “Trade” Deal Unlikely
When a Liberal government in Australia won’t back Obama’s “deal is near” party line on the TPP, you know it’s on the verge of being officially dead.
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