Authored by George Friedman via MauldinEconomics.com,
As we wrote about in “China’s Strategy,” East Asia is split into four parts: The Pacific archipelago, the Chinese mainland, the Korean Peninsula, and Indochina. East Asia holds the second and third largest world economies: China and Japan. The relationship between them and the US define modern East Asian geopolitics.
By Chris at www.CapitalistExploits.at
Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.
Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity.
Authored by Carey Wedler via TheAntiMedia.org,
Consumerism has long been a defining element of American society, but retail giants are now shutting down thousands of their locations amid a long-anticipated “retail apocalypse."
BI reports that over the next couple months, more than 3,500 stores are expected to close:
European and Asian stocks were modestly in the green, with U.S. futures higher, before a critical procedural vote on a Republican health-care bill to repeal Obamacare, while Janet Yellen is set to speak in Washington at 8:45am.