...the proxy for business investment - bookings for non-military capital goods orders excluding aircraft - fell 0.5% after a downwardly revised 0.6% drop the prior month... and down 1.8% YoY - the weakest since Trump's election...
The European Union’s objections to Volkswagen’s future factory in a non-EU state reveals that the Brussels bureaucracy doesn’t really want to help poor nations...
When GDP growth, gross capital formation, and consumption are lower than what Keynesians would want, they always blame the alleged problem on “too much saving.” This is a ridiculous premise...
"Scrutinized properly, it makes very little sense. Throwing words together in an under-analyzed mish-mash don’t make them informative, let alone true..."
"What America has is an economy stagnating in debt with a growing amount of consumer income diverted to the service of debt...An economy such as America’s has nowhere to go but down..."
