…stunted. How to promote growth while ensuring that its benefits are shared by all is one of the most significant challenges facing nations today. crossposted with Capital Ebbs and Flows…

…change in policy. However, those Swiss firms who will see their profits from foreign sales plummet will not be quiescent about the new regime. crossposted with Capital Ebbs and Flows…

…can ‘explain’ that ‘you can’t have nice things’ because all the money is going to Social Security. Thus proving that the whole program was ‘unsustainable’ to start with and that…

…gain flows to the top 1%, 20% to the 2-10%, 20% to the 11-30%, 10% to the 31-50%, to the 51-70%, and -10% to the 71-100%. Is this a good…

…back all its outstanding debt, then there is only one possible ending for this saga, and it will not be a happy one. cross posted with Capital Ebbs and Flows…

…and Argentina in 2001. Critics charged that the IMF was slow to respond to the rapid “sudden stops” of capital outflows that set off and exacerbated the crises. When the…

…can not ignore the feedback between the international roles of the dollar and its own economic welfare. Great responsibility comes with great power. cross posted with Capital Ebbs and Flows…

…different — the strikign feature is how coincidentally similar the two flows happen to be. On the other hand and in my defence, I note the striking pattern during the…

…Why are large sectors marginalized? … It is simple, Inequality. Money gets concentrated at the top and flows very slowly among the bottom of society. The rivers are full at…

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,…