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China’s (Not So) Great Wall of Debt: $28 Trillion and Counting
Between 2000 and 2014 China’s total debt grew from US$2.1 trillion to US$28.2 trillion, an increase of US$26.1 trillion — greater than the GDP of the United States, Japan and Germany combined.Atif...
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China Now Has the Lowest Fertility Rate in the World
China’s New Two Child Policy: Too Little, Too LateJoan KaufmanI have been closely watching China’s population policy for about forty years and arrived in China for my first work stint (with the United...
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Did Russia Ever Have a Shot at Winning the Cold War?
How Moscow could have turned the tables on Washington.Robert FarleyCould the Soviets have won the Cold War? In retrospect, Soviet defeat seems overdetermined. The USSR suffered from a backwards...
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Why the World's Number Two Economy Is Headed Towards Big Trouble
Don't let the growth numbers fool you. William T. WilsonFor roughly three decades, the Chinese economy registered a staggering annual growth rate in the vicinity of 10 percent. Over the past four...
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Is China's Economy Past the Point of No Return?
China’s economy is moving in wrong directions. In many ways, the rest of the world is bound to suffer as a result.Gordon G. ChangThe most important driver of events in 2017 could very well be the...
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The World’s Most (And Least) Miserable Countries on Planet Earth
Venezuela holds the inglorious spot of most miserable country for 2016.Steve H. HankeIn what follows, I update my annual Misery Index calculations. A Misery Index was first constructed by economist Art...
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Donald Trump's Greatest Challenge (And Its Not Russia, China or ISIS): A...
Can the Donald make the ultimate deal? Justin BogieThe Congressional Budget Office’s budget and economic outlook for the next decade paints a grim picture of the nation’s fiscal situation and shows we...
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Erdogan's Power Grab Is Hurting Turkey's Economy
When it comes to its ailing economy, Turkey needs to get out of its own way.Garrett KrivicichFollowing multiple acts of militancy, including the devastating attack at Istanbul’s Reina nightclub on New...
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In 1 Chart, What Your Favorite Fast-Food Items Would Cost With $15 Minimum Wage
Here’s how prices at some of the most popular fast-food restaurants would change with a $15-an-hour minimum wage.Melissa QuinnFor Americans hitting the drive-thru at their local McDonald’s, a...
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The One Thing That Might Doom South Korea: Babies (As in Not Enough of Them)
Why immigration is the only answer. David HundtIt’s going to take something radical to arrest South Korea’s demographic and social decline. Societies can counter population decline by having more...
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America Might Still Be an Energy Superpower After All
U.S. shale is the oil-industry nemesis that will not retreat.Samuel RinesWhen Saudi Arabia decided to wage a war on U.S. shale and other high cost producers, it underestimated the resilience of America...
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China May Already Be Losing the Trade War
Capital outflow is spelling trouble for Beijing.Christopher WhalenDuring last year’s U.S. presidential election, then-candidate Donald Trump made a great deal of political hay calling China a “currency...
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Here’s What Happened to Workers After Philadelphia Passed a Soda Tax
The Commonwealth Foundation said the tax is “putting people out of work and raising the cost of groceries.”James RogersPepsi announced last week that it will lay off around 100 employees at...
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Do We Need a New New Deal to Deal with the Rise of the Robots?
A good idea? James PethokoukisJust how many jobs will the robots take by, say, 2030? The above chart from a new PricewaterhouseCoopers study provides yet another speculative estimate, building off two...
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Why Record Numbers of Americans Are Renouncing Their Citizenship
Last year, 5,411 people renounced their U.S. citizenship, the largest number of published expatriates in one year, continuing a four-year streak of record-breaking numbers.Adam MichelWould you give up...
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Australia to Restrict Energy Exports in Face of Looming Natural Gas Shortage
The country is currently experiencing gas prices four times higher than their historic averages.Andrew FollettAustralia’s government announced Friday it will restrict energy exports to avert a looming...
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The FDA May Make Too Many Pizza Toppings a Crime
Yes, you read that right. David RosenthalJenny Craig can’t arrest you if you miscount your calories, but the federal government could if a new calorie-counting rule takes effect.The U.S. Food and Drug...
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Macron Win Isn't Necessarily a Loss for Le Pen
Macron benefited from the fact that what Le Pen was selling was not palatable to most French voters.Scott B. MacDonaldThe 2017 French presidential elections have finally ended after a brutal, raucous...
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New Deal Allows U.S. To Sell Tons Of Natural Gas To China
“It is a win win for everyone and a reason for America and China to find common ground on strategic issues that divide them.”Andrew FollettThe U.S. and China recently agreed to a major liquid natural...
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How Iran's Hard-Liners Are Challenging Rouhani (From the Left)
The vocabulary of Occupy Wall Street is being used against the Iranian incumbent.Payam MohseniAs Iran prepares to vote in its twelfth presidential election, Hassan Rouhani, the current incumbent, is...
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