U.S. Economy

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U.S. economic metrics similar to those of Greece; Inaction moves global economy to the brink

U.S. economic metrics similar to those of Greece; Inaction moves global economy to the brink

Gregory Copley, Global Information System Half-measure solutions offered by the Greek Prime Minister and the European Union on June 15-17, to resolve the Hellenic Republic’s structural economic and productivity crisis have failed, accelerating a range of potential problems for European and Mediterranean stability, and the global economic condition. The issues have been exacerbated by the […]

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China wants to construct a 50 square mile self-sustaining city south Of Boise, Idaho

China wants to construct a 50 square mile self-sustaining city south Of Boise, Idaho

Thanks to the trillions of dollars that the Chinese have made flooding our shores with cheap products, China is now in a position of tremendous economic power.  So what is China going to do with all of that money?  One thing that they have decided to do is to buy up pieces of the United […]

 FreePressers Staff

East Asian economies booming as U.S. engine losing steam

East Asian economies booming as U.S. engine losing steam

By John J. Metzler  UNITED NATIONS — Global economic growth continues to sputter, the American economy falters, and chances for recovery are not on the immediate horizon. But while the USA and much of Europe continues to feel the undertow of recession, large economies in Brazil, China, India nonetheless continue to grow. “After a year […]

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The Euro death watch: Long live European diversity!

The Euro death watch: Long live European diversity!

By Sol W. Sanders Increasingly, however reluctantly, Europeans are bellying up to the Eurozone’s ultimate crisis. Talking heads present a dilemma: either the European Community will pick apart its common currency or take radical steps toward a highly centralized economic command. That’s because a triangle is strangling the Euro: markets faced with the threat bankrupt […]

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The one Republicans really want

The one Republicans really want

By Jeffrey T. Kuhner There is a potential presidential candidate whom almost every Republican wants. This person would not only galvanize the GOP base, but attract large numbers of independents and centrists as well. He would smash President Obama in 2012 and probably win by a landslide. He is Rep. Paul Ryan of Wisconsin. More […]

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Housing illusion: Washington policies have only prolonged the pain

Housing illusion: Washington policies have only prolonged the pain

Financial markets took a big tumble Wednesday on a series of lackluster economic reports, but the more distressing news was intellectual. Despite at least a decade of contrary evidence, the media and business classes still clamor for a miraculous housing recovery that will save the U.S. economy. The sooner we shed this illusion, the faster […]

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As the world turns: Soap opera and the future of the IMF

As the world turns: Soap opera and the future of the IMF

 By Sol W. Sanders [In the interests of transparency: the writer was deputy chief of mission for the World Bank, Tokyo, 1970-72.] Whatever the outcome of the bizarre fall from grace of Dominique Strauss-Kahn, the International Monetary Fund’s controversial role has been thrown into sharper focus. Had Mr. Strauss-Kahn departed voluntarily for loftier climes as […]

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Bye bye white (and black) America: Make way for Latinos, Asians

Bye bye white (and black) America: Make way for Latinos, Asians

By Grace Vuoto   The numbers are in: the white population is moribund. The latest figures from the 2010 census point to the emergence of a new America to be eventually dominated by minorities, especially Hispanics and Asians, the two fastest-growing ethnic groups in the land.   By 2041 minorities will be the new majority. […]

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Growing U.S.-Saudi crisis seen affecting oil prices as king's health declines

WorldTribune.com WASHINGTON — Saudi King Abdullah, who prematurely ended his convalescence during the Middle East crisis, remains far from functional, a report said. Foreign Policy Magazine reported that the 87-year-old Abdullah has not recovered from his two operations in the United States in late 2010. The article by Simon Henderson said Abdullah was said to […]

 FreePressers Staff

As goes Portugal so could go EU and, yes, the USA

By John J. Metzler   UNTIED NATIONS — Portugal is far along the primrose path to economic bankruptcy, following in the steps of Greece and Ireland. While the Portuguese debt crisis is not nearly as acute as that which serves as a millstone to the economies of Greece and Ireland, it nonetheless serves as a glaring […]