Daily Archives: October 13, 2016

Global economy mean reverting in post-credit-bubble world

A weaker currency generally makes for cheaper exports, so one might assume that the falling Yuan over the last year would be good for Chinese sales.  But that would be wrong.  In September Chinese exports contracted 10% year over year, … Continue reading

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Breaking point for underfunded savings plans

As I and others have been warning for a few years now, (here’s a list of just our most recent articles), defined benefit pensions have been planned to fail through years of under-funding by workers and employers alike. Few have … Continue reading

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Bad leaders left and right

Usual profanity warning in effect here. But good points raised in this clip. In this time of surreal madness, calling bull on nonsense is at least cathartic. Here is a direct video link. I wish I could agree though, that … Continue reading

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