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Tag Archives: Economy

2017: The Year When the World Economy Starts Coming Apart

Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my opinion we are going to see many more steps in this direction in 2017. Let me explain a few of the things I see. [1] Many economies have collapsed in the past. The world economy is very close to the turning point where collapse starts in earnest.  

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Racial Discrimination in Loans

Racial differences in the ability to acquire a loan are sometimes pointed to as evidence of White privilege. These differences are said to lead to racial disparities in home ownership rates and entrepreneurship which in turn have a variety of long-term economic and social consequences. Though this story is often repeated, it is not justified by the relevant empirical evidence. The idea that Whites get loans easily due to White privilege is not consistent with the fact that Asians can get loans just as easily as Whites can.

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Ethnic Diversity and the Economy

This article will examine the link between ethnic diversity and economic success at the national, local, and group level. As will be seen, though not definitive, evidence at each level of aggregation suggests that ethnic diversity has a negative impact on economic prosperity. Before turning to the empirical evidence, let’s take a moment to see why, theoretically, ethnic diversity might be good, or bad, for the economy.

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Ancapistanis Fail To Assimilate!

Not Sending Their Best We have a problem on the Alt-Right. We have people coming here who don’t share our values, who don’t love our culture, who don’t want to assimilate. They come here and they don the trappings of the Alt-Right. They put names in parentheses. They justcallthemniggers.wav. They want to see a wall built on the southern border. They post ironic green frogs. But they won’t let go of the values of their mother-country that are completely antithetical to their new homeland. Like Charles James Napier before us, we are prepared to tell our carpenters to erect gibbets …

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The US Would be Running Budget Surpluses if it were all White

The US Federal Government does not keep statistics on taxes paid by race. But, they keep statistics on income brackets by race, and an organization called “The Citizens for Tax Justice” calculates the proportion of ALL taxes (federal, state and local) paid by each income bracket. And so using this data we can see that Non-Hispanic Whites paid 75.86% of the taxes despite being only 62.1% of the population.

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Putin Greenlights Economic Nationalists Who Oppose Current Liberal Globalist Policies

Further signs that Russia is planning to decouple itself from the US-centered economic-financial system F. William Engdahl After more than two years of worsening economic growth and an economy struggling with 10.5% central bank interest rates that make new credit to spur growth virtually impossible, Russian President Vladimir Putin has finally broken an internal factional standoff. On July 25 he mandated that an economic group called the Stolypin Club prepare their proposals to spur growth revival to be presented to the government by the Fourth Quarter of this year. In doing so, Putin has rejected two influential liberal or neo-liberal …

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Visualizing The Volatile History Of Crude Oil Markets

Crude oil is the world’s most actively traded commodity (and today’s chaos evidenced that perfectly), and oil-related markets are a staple for traders, hedgers, investors around the globe. The below infographic, put together by Aspect, covers the history of crude oil trading, while also highlighting the major events that have shaped the landscape of the oil market as we know it today.

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