Via Financial Repression Authority,
FRA Co-founder Gordon T. Long is joined by Satyajit Das in discussing the consequences of financial repression and current policy making, along with the effects of the Chinese economy.
The fate of oil companies and nations hangs in the balance of oil prices. Russia could go broke. Some think that’s by US design. Saudi Arabia could experience its Arab Spring if oil prices remain too low too long. And OPEC is dead. That’s the biggest news in this new century for oil.
With transition relief ending to the employer mandate for small businesses in 2016 (and their larger brethren in 2015 – though still classified as small businesses by the SBA) and the rise of employment costs, small businesses which account for ~70% of new private sector jobs and 50% of existing employment, are set to face a whole new level of costs.
Over the past several months, a recurring topic about Japan's economy has been whether Abe would delay Japan's planned consumption tax due in April 2017.
The total US rig count declined yet again this week, down 9 to 406 - a new record low. The last four times rig counts collapsed anything like this, the US economy was in recession.
Oil rigs dropped 10 to a new cycle low at 318, but appear near a turning point if lagged oil prices remain any indication...
Or is US production about to fall off a cliff?