• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...


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The entire globe is on the way down for this cycle. However, some countries have better infrastructure to mitigate the effects of the down cycle. The U.S.A., is not one of them.


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