brexit EU and UK flags

Brexit: Voting was the Easy Part

b. traven Traven asked an American ex-pat who lives in England to explain what is goimg on in the British Parliament, particularly on the inability of the Tory and Labour parties to come up with a viable plan for Brexit (British exit from the European Union). Leaving the EU will totally disrupt England’s trade relationship…

Julian Assange Prays for Oil Prices to Recover

b. traven With oil leading the way, the drop in world commodity prices has had a a politically destabilizing effect, particularly strongly on South America’s most politically progressive  regimes, including Brazil, Venezuela, Argentina, Uruguay, and Ecuador. Although oil is the most prominent of these commodities, falling mineral and agricultural products prices, like soybeans native to…

China: Economic Crisis and Its Impact

Jacek Popiel A few weeks ago we examined the source of China’s “meteoric” rise to the rank of the second largest world economy and concluded that the “miracle” was essentially a one-off play based on offering the lowest cost for the production of goods for export. While successful, the policy destroyed both income and assets…