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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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