Sunday, December 17, 2017
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Economics and Industry

Record $30 Billion in Remittances Flowing Back to Mexico, 6.5 Percent Increase From Last Year

Well, looks like it is time to tax some remittances huh? A few years of that and the Trump border wall will be entirely...

Macy’s Sales Have Been Falling for Three Years

If you want to know why retailers are trying to turn the entire month of November into "Black Friday," this is it: The largest U.S....

Elon Musk’s DC-NYC “Hyperloop” is Apparently Really Going to Happen

When Elon Musk announced a few months ago that his Boring Company was going to create a hyperloop from Washington DC to New York...

US Oil Pushes Into Asia As OPEC Fades

OPEC has been under severe pressure from US oil shale and also production cuts to try to keep the price of oil high. The...

Venezuela Will Restructure All Debt After Tomorrow

How's that Socialism working out so far?

Walmart Expands Its Online Muscle by Buying Up Brands

A few months ago, I talked about how Walmart is planning to create a "virtual mall" to challenge Amazon. Lord & Taylor joined with...

Justice Department Demands AT&T Sell CNN to Merge With Time-Warner

Barack Obama made a habit of weaponizing the government against his enemies, bringing a third world, banana republic style politics to the United States....

Amazon Now Planning to Sell Pharmaceuticals

Not content with its attempts to conquer the food retail and distribution sectors, Amazon is now trying to muscle in on the sale of...

Retailers Rush Out Black Friday Sales Early

This is no surprise to hear. Given the terrible state US retailers are in, many of them are desperate for customers and desperate for...

Countries and Firms Vie for Influence in Rebuilding the Caribbean

Every once in awhile, our media seems to remember that they're supposed to be actual reporters, and they write surprisingly good articles. This piece...

Eastern Caribbean Recovery Bill Could Top $1 billion

The UN has begun assessing damage in the eastern Caribbean region, which was hit hardest by Hurricanes Irma and Maria, and needless to say...

Puerto Rico’s Agriculture Has Been Totally Destroyed by Maria

This is no surprise. When a hurricane comes blowing through, it tends to do huge damage to to crops, even at Cat 1 or...

US Virgin Islands Wasted Hurricane Relief Money in Years Past

Their government is going to have some very hard questions to answer once the initial shock of the hurricane's passing is through: The U.S. Virgin...

The 2017 Housing Crash Headwinds- It is a’coming!

As most are aware, I am strongly pessimistic about the Housing Industry going into 2017. In fact, I have said time and again that...

Economic decline and corruption in the Northern Mariana Islands

This is the fourth essay in my series on the Caribbean and the US territories. You can read part one here. I'd recommend looking...

OPEC’s Ability to Control Global Oil Prices Fades

Pining for the glory days of the '70's.

How US minimum wage laws ruined American Samoa’s economy

This is the third part in my series talking about the situation in the US territories and the Caribbean islands, both areas which are...

Why is a Canadian Pension Fund Bailing Out An Insolvent Mortgage Lender?

Massive corruption as pensioners are forced to bail out a struggling mortgage lender.

Guam: America’s most important territory

This post will focus on Guam, and will likely be the last part in my series on the Caribbean and US territories. I might...

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