United Kingdom: Recent Example of the Failure of an Austerity-Only Policy
Austerity is a popular word among a number of politicians but there is increasing and consistent evidence that a government policy based exclusively on austerity just doesn’t work. This is … Continue reading
United States: Positive Labor Numbers Hide Bad News
Data released by the US Department of Labor (DoL) showed the United States added 146,000 jobs in November and the unemployment rate fell .2 percent to 7.7 percent. Economists expressed … Continue reading
Japan: Economic Recovery Not Possible Without Improving Global Conditions
The Japanese government released new data on Monday showing the country’s economy entering yet another recession – the third since 2008 for the world’s third largest economy. This unattractive pattern … Continue reading
China: Something’s Fishy in the Kung Pao
China is currently going through its once-a-decade political leadership transition and so it makes sense that both sets of leaders – the outgoing and incoming – want to show the … Continue reading