by Joseph Joyce The IMF and the Next Crisis The IMF has issued a warning that “increasing financial market turbulence and falling asset prices” are weakening the global economy, which already faces headwinds due to the “…modest recovery in advanced economies, China’s rebalancing, the weaker-than-expected growth impact from lower oil prices, and generally diminished growth […]

by Mike Kimel   To Honor Scalia I’ve been thinking about the unfortunate circumstances surrounding the death of  Supreme Court Justice Antonin Scalia.  Apparently, he died while on a free, all-expenses paid trip to a very exclusive resort.  The trip was paid for by an undisclosed benefactor and the identity of Scalia’s companions on the trip […]

by Joseph Joyce China’s Vulnerable External Balance Sheet China’s capital outflow last year is estimated to have totaled $1 trillion. Money has been channeled out of China in various ways, including individuals carrying cash, the purchase of foreign assets, the alteration of trade invoices and other more indirect ways. The monetary exodus has pushed the […]