The US Gargantuan Trade Deficit with the World International Trade has been heralded as the greatest thing all the way back to the 1970s. The claim was based on the premise that nations would exchange goods and services they were able to make, and that countries wouldn’t be taken advantage of or run big deficits…
Europe on the Brink of Economic Disaster After President Trump announced its sweeping tariffs on imports into the US, Europe has suffered paroxysms of fear and doubt about its continued existence. While the EU is justifiably unhappy about the new tariffs of 20% on the EU, they should recognize that it could be much worse….
China Economic Predictions It’s a challenge to describe the Chinese economy given it is a capitalist market built on top of a communist system. The country is now at a cross roads and must decide whether it can handle a free, open relationship with the rest of the world. Today’s topic is China’s effect on…