Category Archives: Economics

Russia Riding Roughshod over Europe: 2050

According to a New Price Waterhouse Report, Europe Will Serve a Rough Master In the year 2050, according to a brand new Price Waterhouse PDF report, Europe will be Russia’s bitch. The projections are tentative, largely linear, and do not … Continue reading

Posted in Economics, Russia | Tagged | 1 Comment

Economically Stressed China Flirts With Nuclear War

A Chronic Economic Crisis Spurs Expansionist Impulses Deep stresses within China’s bubble economy are building, forcing Beijing to take a neoimperial posture toward weaker nations in its vicinity. Inevitably, if China expands too forcefully, it risks war of a radioactive … Continue reading

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Innovation, Productivity, and Enterprise: Wealth of Nations

Innovation Leads to Greater Productivity and Wealth Both innovation in new products and innovation in new processes tend to contribute to higher productivity for both individual firms — large and small — and for nations. “Disruptive innovation” contributes more than … Continue reading

Posted in Demographics, Economics, Europe, innovation, Technology, Wealth of Nations | Tagged | Leave a comment

China: One Yellow Brick Road Falling Behind Schedule

Once Referred to as the “One Belt One Road” (OBOR) Plan; Now More Properly Called the One Yellow Brick Road (OYBR) Plan One Yellow Brick Road (OYBR) Lost in the Poppyfields More than three years after Xi’s unveiling of the … Continue reading

Posted in China, Economics | Tagged , , | 4 Comments

Confidence, Oil, Sperm to Surge Under Trump

Surging Confidence by Consumers, Small Business, and Big Business The change in US presidential administration seems to be signalling a significant boost in confidence toward the future at all levels of the productive sectors of the economy. Consumer Confidence Surges … Continue reading

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Secret to Survival in a World of Corrupt Dysgenic Decline

Four guys are standing on a street corner… an American, a Russian, a Chinese man, and an Israeli… A reporter comes up to the group and says to them: “Excuse me… What’s your opinion on the meat shortage?” The American … Continue reading

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Exterminator-Elect Moves to Drain Swamp — With a Vengeance

He ran against the system, both parties, and almost all the media and the polls, to “drain the swamp,” against the OBushtons: all the Clintons and Obamas and Bushes and the Republican and Democratic lookalike also-rans (Carter, Dukakis, Quayle, Gore, … Continue reading

Posted in Draining the Swamp, Economics, Government, Groupthink, Idiocracy, Politics | Tagged , , | 3 Comments

Why are Some Nations Rich and Others Poor?

Judging only by wealth per capita, most people might choose to live in Switzerland, Lichtenstein, or Luxembourg. But residency is tightly restricted in the smaller two nations of the three, and gaining permanent residency is Switzerland is not particularly easy. … Continue reading

Posted in Demographics, Economics, Executive Functions, Genetics and Gene Expression, IQ, Wealth of Nations | Tagged , , | 7 Comments

China’s Global Economic Leadership is a Fable

China is aging, wages are rising to uncompetitive levels, capital is fleeing, and the CCP is propping up a bubble economy that is losing ground. China’s economic importance [is] falling — not rising slowly, nor staying stable, but falling. …. … Continue reading

Posted in China, Economics, Empire | Tagged

A Tale of Two National Economies: Central vs. Distributed

Russia’s Economy Is Focused on the Core According to the latest available data from the Federal State Statistical Service, the Central Federal District accounts for 35 percent of the entire Russian economy. Located in this district, Moscow alone accounts for … Continue reading

Posted in Economics, geopolitics, Russia | Tagged ,

Making Government Unnecessary: Disruptive Innovations

Alexei Kudrov, a brilliant and honest Russian, speaking of the potential effects of blockchain technology on governments: “Soon technology will replace many of the functions of government. The technology of block chains can almost completely replace the state bureaucracy. Society … Continue reading

Posted in Disruptive Technologies, Economics, Government, innovation, Technology | Tagged , | 1 Comment

Core v. Periphery VS. IQ and the Wealth of Nations

Core v. Periphery The world can be perceived as a core / periphery dichotomy where core countries are characterized by high levels of development, a capacity at innovation and a convergence of trade flows. The core has a level of … Continue reading

Posted in Africa, Economics, innovation, IQ, Peter Zeihan, Wealth of Nations | Tagged , , | 2 Comments

Privileged, Arrogant Silicon Valley Goes Half Cocked

Deranged Supporters of Hillary also Sore Losers Silicon Valley calls for secession from America Tech CEOs and executives supported Hillary Clinton’s campaign most generously with financial largesse and copious verbiage. One might expect some degree of maturity in people who … Continue reading

Posted in Economics, Hillary Clinton, Ideology, Politics, Technology | Tagged | 1 Comment

How to Find Happiness in an Unhappy World

Dimensions of Happiness Happiness is almost never where you think you will find it. If you become too impatient — if you never learn how to set the table and allow happiness to come to dinner — you may set … Continue reading

Posted in Cognition, Economics, Human Brain, Optimism, Philosophy | Tagged | 5 Comments

What to do If You Win the Lottery

The odds are against you. But someone will win the next big lottery. If it happens to be you, wouldn’t you rather be prepared? Consider some advice from people whose job it is to guide recipients of unexpected windfalls. You … Continue reading

Posted in Economics, Optimism | Tagged | 3 Comments

Multiple Paths to Russia’s Decline

Russia’s decline extends through most of its infrastructure, from its demography to its schools, health system, roads, housing, electrical power grid, to its economy and financial infrastructure. Conditions have declined so far that Russian officials fear that something as small … Continue reading

Posted in China, Economics, Russian Decline | Tagged , | 8 Comments

Electing Hillary Dumpty, Just to Make it Fair

The United States has been the world’s richest nation since roughly 1890, for over a century. This long-lasting economic inequity has caused understandable discontent among a number of other nations and would-be superpowers. Even under President Barack Obama — arguably … Continue reading

Posted in Economics, Hillary Clinton, Politics, satire | Tagged , , | 5 Comments

Why North America is the Focus of Global Innovation

The Anglosphere and Europe are Innovating the World of the Future, with a Strong Assist from East Asia All innovation is not created equal. Higher quality and more disruptive innovations count far more in terms of future global impact than … Continue reading

Posted in Disruptive Technologies, Economics, innovation, Peter Zeihan | Tagged , | 9 Comments

Economic Realities in China

Most casual observers of world affairs tend to judge China’s wealth by the flashy skyline photos of new construction. But such images give a false impression of the true state of economic affairs in China. According to a World Bank … Continue reading

Posted in China, Economics | Tagged ,

Mexico and Russia in Virtual Dead Heat in IMF GDP Rankings

Russia and Mexico: Not Usually Considered as Geopolitical Equals Rank Country/Economy GDP Nominal (billions of $) 2016 share 2017 2018 1 United States 18,558.130 25.081 19,285 20,145 2 China 11,383.030 15.384 12,263 13,338 3 Japan 4,412.600 5.963 4,514 4,562 4 … Continue reading

Posted in China, Economics, innovation, Russian Decline | Tagged , , , | 1 Comment

China’s Mojo Was Always Dependent Upon Foreign Investment and Tech Transfer

China is now in a very difficult position. Economists at Nomura say the yuan is 6pc overvalued, the result of an relentless rise when it was still coupled to the dollar, and due to the internal effects of rising labour … Continue reading

Posted in Economics, Russia, Wealth of Nations | Tagged

Russia Running Out of Time

In a few short years, Russia will degrade from having a very small and expensive skilled labor pool to not having one at all, forcing the Russians to choose which bits of their system to not maintain. __ Zeihan on … Continue reading

Posted in China, Economics, Russian Decline | Tagged | 6 Comments

Emerging North American Independence

“When the United States pulls back this time, it’s going to tear down the global order with it,” he said. “The only question in my mind is, will it fall apart next year, or will it take a decade?” Source … Continue reading

Posted in Economics, Energy, geopolitics, Peter Zeihan | Tagged

US Exceptionalism is Real, But Not What Most People Think

The United States is a country like no other. It began as a tiny, indebted, isolated country. But over the 100 years from 1789 — when the US Constitution was first ratified — to 1889 when the US became the … Continue reading

Posted in Economics, innovation, Politics | Tagged

Why Can’t China and Russia Innovate?

These days, China and Russia are more famous for stealing, pirating, and copying foreign technology than for meaningful homegrown innovation. Europe Can Innovate Over the past 6 centuries, Europe and its diaspora have been the global centre of innovation. European … Continue reading

Posted in China, Creativity, Economics, innovation, Russian Decline | Tagged , | 3 Comments