Authored by Jeff Thomas via InternationalMan.com,
For many years, I’ve described black markets not as the evil danger to economies that governments profess them to be, but as predictable and sensible reactions to the overregulation of official markets.
Authored by Gregory Bresiger via The Mises Institute,
Amtrak’s Penn Station in New York City, once one of the most glorious cathedrals of commerce built by one of the most successful transportation companies in history, is collapsing. Tracks are in disrepair. That’s because they have not been properly maintained over decades since Amtrak, despite promises to the contrary at its founding in the 1970s, has consistently lost tons of money.
America's dying malls have been a frequent topic for us over the past couple of years. And, with the S&P soaring to new highs each and every day while completely shaking off a swath of retail bankruptcies that have left malls with no option but to fill their empty spaces with high schools, doctors offices and grocery stores, you can imagine our intrigue.
Authored by Vitaliy N. Katsenelson via MauldinEconomics.com,
We are having a hard time finding high-quality companies at attractive valuations.
Authored by Howard Kunstler via Kunstler.com,
As our politicos creep deeper into a legalistic wilderness hunting for phantoms of Russian collusion, nobody pays attention to the most dangerous force in American life: the unraveling financialization of the economy.