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,…
Misunderstanding Inflation
"Yellen says gasoline tax holiday worth considering as anti-inflation tool" (Reuters) This administration seems not to understand what inflation is. Inflation is a general increase in prices, caused by an…
Supply and Demand in the Labor Market
by Antonio Graceffo, PhD. at China Econ Group Globalists will argue against these two laws of economics: Increasing the minimum wage will cause unemployment and increasing the labor supply by…
Globalization Lower Wages
Regardless of what the globalists claim, everyone does not win with globalization. “China's GDP growth rate dropped from over 10.6% in 2010 to 6% in 2019.6 The drop in growth…
Labor Migration and Wage
Me: Free movement of labor across borders drives down wages in developed countries because it increases the supply of labor. Him: I'm just curious what you would tell some aspiring,…
Globalist Mantra “Everyone Wins”
By Antonio Graceffo, PhD. The globalists have infiltrated our education system and our universities to such an extent that even economics textbooks and trade textbooks are pushing globalism and like…
Real Versus PPP-Voodoo Calculations
Globalist economists tend to use purchasing power parity (PPP) when measuring the size of an economy or the salaries of people around the world. And while PPP has its place,…