Student Loan Forgiveness Destructive
I am doing a report on Biden’s student loan forgiveness plan. In addition to costing tax payers well-over $500 billion, and driving up inflation, embedded in the act is a…
The economics of herding in Mongolia
Pastoralism, also known as nomadic herding, was once practiced by the majority of Mongolians. However, more and more young people are leaving the steppes in search of education and a…
If Your No. 1 Trade Partner Is in a Recession, It’s Going to Affect You: Graceffo on China’s Economy
In this special episode, we sat down with China economic analyst Antonio Graceffo. He talks about the current inflation, if China is involved, and how China's economic outlook would be felt by U.S. consumers.
CCP Partners With Bank for International Settlements to Displace the Dollar
With yuan liquidity pool, CCP noose tightens around global financial system Commentary “We will cultivate a trading center and pricing mechanism that puts China first (以我为主) and actively promote settlement in…
Inflation Reduction Act Causing Inflation
An additional $700 billion in government spending tied to the Inflation Reduction Act will make inflation worse, not better. The Inflation Reduction Act of 2022 is meant to curb inflation by laying…
Taiwan Loves U.S.
Tens of thousands of Taiwanese are lining the streets, welcoming Speaker Pelosi. Taipei 101, one of the largest buildings in the world, is displaying the message "Taiwan loves US."So far,…
The Importance of Pelosi’s Visit to Taiwan
I am praying that Speaker Pelosi lands in Taiwan, in defiance of threats from Beijing. China has no hand to play. They cannot ford, nor can they win, a war…
U.S. Right Not to Join RCEP
"‘Not a game changer’: how massive RCEP deal has left trade barriers in place" (SCMP) I agreed with Trump that the U.S. should not join RCEP. There was no benefit…
Russian Default and Taiwan
Russia defaulted on $100 million in interest payments, its first default since 1918. I can’t believe there are news media trying to convince you that the sanctions are having no…
China-Led BRICS Alternative Cannot Replace the Dollar
China and Russia want to either use BRICS currencies to settle international trade or use a basket of BRICS currencies. Both plans are preposterous, because the Brazilian real, Russian ruble,…