Category: Economy

The U.S. Economy Just Took A Turn In A Very Ugly Direction

That sure didn’t last long.  Over the past two years, the U.S. government borrowed and spent trillions of dollars that we did not have, and the Federal Reserve unwisely pumped trillions of fresh dollars into our financial system.  Of course all of that money was going to be a short-term help for the economy, but […] Read More

India’s economy ‘major winner’ from global oil price collapse

Falling energy prices could reduce India’s inflation and lower the cost of its import bills, economists say. That could, in turn, help narrow the country’s trade and current account deficits. According to Radhika Rao, an economist at Singapore’s DBS Group, “a prolonged spell of low oil prices will support discretionary purchasing power.” That refers to the amount […] Read More