Daily Archives: March 16, 2016

Chinese consumers pulling back

It’s not just US retail sales that have been looking recessionary… Forget luxury bags and high-end wine, Chinese consumers are now pinching pennies even when it comes to things like toothpaste and instant noodles. Reuters’ Adam Jourdan explains why this … Continue reading

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The Fed’s next trick ‘live’

Cue crickets…. In the meantime, watching David Stockman spew facts at teleprompter readers is always worth a giggle:  dead cat bounce? “The cat is already buried!”  “The Fed is completely lost in its Keynesian puzzle palace.”  Good one. Here is … Continue reading

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Breakthrough: UK rolls out tax on sugary drinks

The hard right and big food corps will insist government has no role to play in regulating business or behavior–and that is self-serving rubbish.  Thinking people appreciate that, as we do with alcohol and cigarettes, an intelligent society must deter … Continue reading

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