The takeaway: Should the State change its economic policy … The Government (the Executive and his Cabinet), with State approval, chooses capitalism and democracy as the political economic plan (policy) for managing the nation-state’s tax and profit extraction process. Since government is a human system, its managers will go off script and introduce chaos into … Continue reading Should the American State return to mercantilism?
Failure to see how US policy exacerbates potential damage to America’s reserve currency status is another major fail of black political leadership. The impact on black households will be negative one. Continue reading What will be the impact on Black Americans of a new BRICS reserve currency?
10:05 am. Atlanta. Waiting for the U.S. House Committee on Financial Services to begin hearing on economic threats from China. 10:07 am. Atlanta. Committee chairman Patrick McHenry declares that China is not a partner or an ally. China is a competitor. The US must double down on its commitment to free people and free markets. … Continue reading Live blog: Combatting the Economic Threat from China
America was happy with China as long as they stayed in their lane manufacturing cheap electronics and apparel and exporting them to the United States. And silently, Americans must have been cheering on China’s “One Child Policy”; anything to keep the Yellow Horde’s population under control. Continue reading The United States, in general, and Republicans in particular, have a lot of hate for China …
Lawyers Write the Bets. Bankers Sell the Bets. 