Saturday, October 21, 2017
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Economics and Industry

The Wall Street Journal is Being Sensationalist With the Paris Climate Treaty and Trump’s Reversal on Withdrawing From It

It is directly contravening his prior speech in June where he stated he was going to withdraw, YET it isn't the big to do that the WSJ is making.

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.

The Hidden Recession: Most Americans Remain Worse Off After 2008

Just a reminder not to believe rosy news you hear about how well the economy is doing. The ugly truth is that for most...

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...

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...

Florida’s Tourism Industry May be Wrecked Thanks to Irma

This is going to be a huge problem for the Caribbean as well, particularly given the outbreak of violence and looting on St. Martin: Hurricane...

St. Martin Inhabitants Try to Pick Up the Pieces After Irma

St. Martin was one of the worst-impacted Caribbean countries when Hurricane Irma blew through. The island's residents are now trying to pick up the...

Puerto Rico Dam is Crumbling, Endangering the Populace

Maria's aftermath continues to be very ugly for America's largest territory. In addition to the problems of supplying the population with food and water...

“The Economy Evaporated Pretty Much Overnight”

As most of you know by now, the damage to the US Virgin Islands from Hurricanes Irma and Maria are very severe. The Virgin...

Puerto Rico Hopes Chinese Tourism Will Bail them Out of Economic Doldrums

I'm a bit skeptical of this strategy, since the Chinese can invest (and they have) in non-bankrupt, non-high crime Caribbean states like the Bahamas,...

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...

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...

US Restaurant Industry is Still Imploding

Whither the US consumer?

Bernie Sanders, Danny Glover to protest Nissan plant

America Now On March 4, over 1,000 protesters plan to march at the Nissan auto manufacturing plant in Canton, Mississippi. The protesters, who will be...