Authored by Chris Hamilton via Econimica blog,
Many economists suggest China is on the cusp of significant growth in domestic consumer demand.
That this rising domestic demand coupled with continued growth as the global exporter will push the global economy further. However, I'll briefly show why neither of these outcomes is remotely likely.
Problem #1- China as Consumer:
Authored by Soeren Kern via The Gatestone Institute,
Under the guise of stopping violent crime, a County Commissioner in Cook County, Illinois, went to New York City late last week to request that the United Nations deploy foreign troops in Chicago to tackle the city’s “quiet genocide.”
Authored by Tsvetana Paraskova via OilPrice.com,
Three years after the oil price crash, the U.S. shale patch is on its second growth phase and is expected to continue to increase its production, at least through the next five years.
The global oil markets have become increasingly dependent on U.S. tight oil supply - and the oil industry is still coming to grips with this new reality, Simon Flowers, Chairman and Chief Analyst at Wood Mackenzie, wrote in a recent article.
Via GEFIRA,
Headlines were made in Italy a few days ago when a “casual, unidentified photographer” happened to walk in the streets of Florence and had the uncanny ability of taking a snapshot of an inside wall of the Carabinieri barracks that are literally steps away from the city center.
The flag was not hanging outside a window, as it was inside the private dormitory of military personnel, but it could be partially visible from the outside as the window was open.