Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Written by Gary North on March 11, 2017
I liked this video. Now watch this. Pay attention to how few workers are visible in any stage of production. The construction company announced in 2010 that it would do it in 2016. It did. There is no way that these techniques will not be adopted all over the world. Nobody is going to give […]
Continue reading →Written by Gary North on December 10, 2016
India’s Prime Minister Narendra Modi is just another political hack. Like politicians in general, he does not understand economics. He does not understand the law of unanticipated consequences. He does not understand that government is dumb. On November 8, he unilaterally and without warning declared the two highest value paper currency units obsolete: the 500-rupee […]
Continue reading →Written by Gary North on December 10, 2016
“We had about 4.5 million barrels of oil out there and all of it was vulnerable to .50-caliber bullets. Had the Japanese destroyed the oil, it would have prolonged the war another two years.” — Admiral Chester Nimitz On December 7, 1941, the Japanese Imperial Navy launched the most suicidal naval attack in modern history. […]
Continue reading →Written by Gary North on July 9, 2016
Here is a story that deserves more attention. The estimate: 100,000 people a year “donate” their vital organs. Then they lose vitality, such as heartbeats. They don’t get paid. This is Communism. People do this for the sake of the cause, it says here. There is a book on this: Bloody Harvest. It was published […]
Continue reading →Written by Gary North on July 2, 2016
This video is fascinating. It is about a full-scale Uber-based economy. It lasts two minutes. There are more videos. Click the link.
Continue reading →Posted on May 21, 2016
By David Stockman A Chinese billionaire goes missing practically every day, as a recent Washington Post article explained: That’s what happened last year when China’s richest man — at least on paper — lost half of his wealth in less than half an hour. It turned out that his company Hanergy may well just be […]
Continue reading →Written by Gary North on August 15, 2015
We are told that China’s government has found a way to overcome the business cycle, create jobs, and avoid inflation. If only it could get someone to move here. Or here.
Continue reading →Written by Gary North on June 20, 2015
I return to a theme that apparently only I ever talk about: the economic meaning of the phrase, “international capital flows.” You may think I’m exaggerating. You may think that what I am about to write is widely understood. You would be wrong. Either I’m dead wrong about what I’m saying, or virtually the entire […]
Continue reading →Written by Gary North on June 13, 2015
Written by Gary North on May 16, 2015
China, meaning China’s central bank — the People’s Bank of China — started buying Treasury IOU’s again in March. It purchased $36 billion worth. It now holds over $1.2 trillion in Treasury IOU’s. China has now leaped ahead of Japan as the #1 foreign holder of U.S. government debt. Add Hong Kong to this: another […]
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