Trade Surpluses and Deficits Any country’s trade balance is the difference between the totals of its exports and imports respectively, as measured in its own currency. To the extent that its exports exceed its imports, [more…]
Let me make something clear at the outset of this article. I am a bitcoin supporter, I own bitcoin & the concept is brilliant & I have supported & observed it for years. Glad I [more…]
China is one single indivisible territory containing one single indivisible people. It is the most populous nation on earth, the world’s second-biggest economy and has a longer continuous history than any other country – three [more…]
Interview with Theodore Deden Claudio Grass (CG): Looking at the damage inflicted upon supply chains, production facilities and global trade in particular, how quickly could these operations snap back even if all COVID-related restrictions were [more…]
The potato is a native of the high Andes, a low-growing plant (Solanum tuberosum) with pretty purple flowers and round black fruits. To survive in its harsh environment it has evolved the habit of growing [more…]
The tenacity with which certain economic fallacies persist is truly remarkable. Take the notion that the euro currency is too strong for certain countries, notably Greece, Spain, Portugal and Italy, causing their exports to be [more…]
The digital “toll” It doesn’t require too dark an imagination to realize the gravity of the concerns over the digital yuan. China is a true pioneer when it comes surveillance, censorship and political oppression and [more…]
The corona crisis has already taken a very high toll and caused deep damage in our societies and our economies, the extent of which is yet to become apparent. We have seen its impact on [more…]
In his latest book (“The Body – a Guide for Occupants”) Bill Bryson highlights the limitations on what money can buy. He points out, for example, that America spends more per capita on healthcare than [more…]
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