Category: Business Columnists

The Age of Arrogance

News Analysis There are three great questions roiling public life today. First, why did they (meaning the elites in charge of our lives) not see this coming? Second, why did they believe they could control it? Third, what happens to them now that they have proven to have made such enormously costly errors that have…


The Big Swindle of 2020–22

News Analysis We live in the midst of the great unraveling, a time so disorienting that it becomes difficult to keep up much less describe and interpret events all around us. We tend rather to be bounced from data point to data point—high prices, learning loss among kids, falling income, increased population, the normalization of…


There’s No ‘Silver Bullet’ to Lower Gas Prices

Commentary As the national average price of gasoline tops $5 per gallon, there are few reasons for optimism that gas prices will decline any time soon. President Joe Biden, despite his recent remarks, has no good solution at his disposal to temper the rise of gasoline prices. Every tool available has severe drawbacks, and the…


High Gas Prices an Indictment of Recent Energy Policy

Commentary As the national average price of gasoline tops $5 per gallon, there are few reasons for optimism that gas prices will decline any time soon. President Joe Biden, despite his recent remarks, has no good solution at his disposal to temper the rise of gasoline prices. There are many culprits, some economic and others…


Stages of Economic Collapse

Commentary  Many have started to wonder, how will the economy land—hard or soft? Often times people tend to have uneasy feelings about the economy before an economic crisis arrives. They somehow know that things are “off” in a serious way, but cannot really put their finger on it. With the spiking inflation, economic realities have…


Weakening Household Finances

Commentary American consumers—the backbone of the post-pandemic recovery—are losing the wherewithal to keep up their spending. Signs were already evident in the uneven pace of spending growth during recent months. Matters have become crystal clear in the income data reported by the Commerce Department. Households are already sacrificing savings flows just to keep up with…


China’s Dominance in Global Lithium Supply Poses Risks to US Companies: Report

China’s control over the global lithium supply chain presents elevated risks to downstream U.S. companies as Chinese companies continue to expand their footprints in overseas lithium mines. “We love our suppliers, and we have a very strong relationship, but we are very dependant on the supplies coming from China. … We think there are risks…


This Is How Prosperity Dies

News Analysis Now that the lockdown, mask, and mandate wars have died down, I’m getting calls from friends who two years ago cut me off because of my writings and views. They are also looking for insight into the unfolding economic chaos around them. And of course they want some insight into how best to…


Ending China Tariffs Will Worsen America’s Economy

Commentary The Biden administration is getting desperate about inflation, a rapidly declining stock market, and an impending recession. They know America’s economic doldrums will hit the Democrats in the 2022 midterm and 2024 presidential elections. It will hit hard, just like it’s hitting American pocketbooks now. We’re paying over $5 a gallon for gas, and…


Foreign Investors Dumping the Yuan and Fleeing China

Commentary China’s COVID-19 lockdowns and rate cuts are driving down the yuan and exacerbating foreign capital outflow. “Uncertainty is really the keyword, because there’s no view, no outlook about how long this could last, and what will be next after Shanghai,” Massimo Bagnasco, vice president of the European Union Chamber of Commerce in China, told…