World

Why Should We Educate the International Students?

In the latest tit for tat going on between Trump and Beijing, education is being thrown in the mix. The influx of Chinese students to our upper-tier universities has caused the administration to take a closer look at why we allow some 360,000 Chinese students on to our campuses. The parable of giving a man a fish, and he will ...

Read More »

Why the U.S. Dollar is the Global Currency of World Trade

Those that despise the U.S. around the world wish nothing more than the demise of our natural monopoly on the numeraire, and its place as trade reserve extraordinaire. Dollar denominated global transactions account for roughly 60 percent of reserves, with the euro falling a distant second at 20 percent of reserves, dwindling down to a few rubbles and yuan from ...

Read More »

Are Rare Earth Elements at Core of Trade War with China?

Something that is termed rare in relation to earth seems by its very definition to be of import. According to the Rare Earth Technology Alliance, there are 17 elements that are considered to be rare earth elements—15 elements in the lanthanide series and two additional elements that share similar chemical properties. This is right about when I started nodding off ...

Read More »

Oil Tumbles for a Second Consecutive Week

West Texas Intermediate Crude moved from below $45 a barrel to over $65 a barrel from December through April, but after breaking the $65 mark, the price has tumbled in recent weeks. As of Friday morning, the price was flirting with a key support level in the $55 area. The weekly chart below doesn’t reflect the downward move on Friday ...

Read More »

Absent Trump-like Protections British Steel is Collapsing, Threatening 25,000 Jobs

Full disclosure, I detest tariffs. An education in economic policy and business analytics, as well as observational experience of historical transpirings has reinforced a core ideology that free markets and free trade are – in a near perfect world – the absolute standard to strive for in international commerce. But the global economy of 2019 is very far from perfect, ...

Read More »

The Trade War from a Chinese Point of View

I have written several articles over the past year and a half about the trade war. First, the trade war between the U.S. and its North American trade partners—Canada and Mexico. I have also written about the trade war between the U.S. and China. But all of my articles have been from the perspective of how the trade dispute is ...

Read More »

China’s Brutal Communist Party Chief Chen Quanguo – No Chance of Isis Attacks in the Xinjiang Region

Chen Quanguo, Communist Party chief for the past 2½ years, is to Chairman Xi. His hardline crackdown on ethnic Uighurs and other Muslim minorities in the industrial region of Xinjiang has created a propagandist police state the size of which had never been seen in China

It’s all about control, but control doesn’t happen without economic dominance. Just look around the globe. U.S. is number one. China is number two, in terms of economic size. Control of the populous is something that the Chinese are quite efficient at, and it all leads down the Silk Road. Economic mercantilism is alive and well in China, particularly in ...

Read More »

Tariffs will not affect 59% of Small Businesses

The stock market is tumbling and investors fear for their assets. Large firms are calculating the potential deleterious results of a tariff war on their bottom line. However, a recent Bank of America (BOA) survey showed that 59% of small business owners will not feel any effects from a tariff war. According to Bank of America’s Spring 2019 Small Business Owner ...

Read More »

Communist Lifestyle fully fulfilled in Russian Heartland

As a fellow surf, Stalin would be envious of the growing class divide in modern Russia. After all, the dream of the withering away of the state into a classless society kept him up at nights. The fact that Russia alone has over 100 billionaires, and yet one-third of the country cannot afford two pairs of shoes is the icing ...

Read More »