U.S. and China: Co-dependent Trade Rivals
Chinese exporters had a whacking great December, posting a year-to-year gain of 14.1 percent and giving China its first annual trade surplus in four years. The U.S. trade deficit grew by 15.8 percent in November, led primarily by imports of…
EU Crisis: How to Avert a Global Economic Depression
Remember back in the 1990s, when globalization was supposed to be the greatest thing since Saran Wrap? Maybe someday it will prove to be so, but right now we are walking on the dark side of the moon. Everything seems…
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