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...Category Archives: Globalization
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.
Read more...Wolf Richter: China’s Hard Landing Suddenly Gets a Lot Rougher
Despite the 7% GDP growth published and hotly defended by the Chinese government, it is increasingly clear that the country is beset with a host of immense problems, after a debt-fueled binge of overbuilding and over-stimulating.
Read more...David Sirota: Hillary Clinton Is Running Away from Her “Free Trade” Record
Yet again, HIllary Clinton tries to distance herself from her “sell out the middle class” policies, this time on “free trade”.
Read more...The Economist: The TPP is Dead
Ding dong, not only is the TPP dead, it’s apparently really dead.
Read more...Don Quijones: Wikileaks Exposes How TISA Will Gut Financial Regulations All Over the World
Describes the many ways that the Trade in Services Agreement would make it virtually impossible to implement and strengthen financial regulations.
Read more...Will the US Keep Winning Indefinitely? With ISDS Trade Panels, That Is
The threat to regulation, democracy, and the rule of law posed by investor-state dispute settlement is very real.
Read more...Groundhog Day for NZ FSPs: Bryan Cook of Asia Finance Corporation is a Crook, but Does NZ’s FMA Care?
Why is it Groundhog Day? Back in 2011, I wrote a seriously messy blog post about dodgy New Zealand FSPs (Financial Services Providers), their dodgy web sites and people and addresses, and the evidently nonexistent oversight of all of this by the NZ Ministry of Economic Development and the NZ Companies Office. To my surprise, […]
Read more...TPP: 13 Democratic Senators Invite Republicans to Make Them Laughing Stocks and More Serious Matters
Despite the Obama victory in the Senate yesterday on the TPP, the bill still has some remaining hurdles to surmount. Can it be beaten?
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