New World Order Will Come Apart, Says Big-Time Keynesian

Written by Gary North on April 18, 2012

The New World Order’s poster child is the European Union. It was rammed down voter’s throats. So was the euro. It was the model for the North American Union, which is quietly being constructed under the radar of the voters. Now it is in the process of disintegration. The defenders of the New World Order […]

Continue reading →

China Moves Toward Recession, as Austrian Theory Predicts

Written by Gary North on November 23, 2011

The Austrian theory of the business cycle is clear: when a central bank inflates, it will produce a boom. When it slows the rate of monetary inflation, the result is economic recession. I have written about this here. China’s central bank has been the most inflationary of any industrial nation. Now it has slowed, because […]

Continue reading →