By: Felipe Capella It was a lost decade for Latin America. Years of populist governments combined with a commodity boom turned out to be our oil curse, our Dutch Disease. This disastrous mix made bad public policies look like temporary successes, pushing developing countries to an unsustainable path. The collectivist ideology monopolized the debate for […]
Archives for July 2016
Infographic: a look at the very interesting history of crude oil markets
United States crude prices reached a 12-year low back in February. Since then, US crude has touched above $50 a barrel for the first time since July of last year. Although oil has had a very volatile two or three years, oil’s history since the late 19th century has been even more chaotic. Here is […]
Retirement Crisis: a quarter of Americans fear running out of money in retirement
There is a retirement crisis unfolding the United States. And this isn’t a retirement crisis that will happen in the next 20 or 30 years, it’s happening right now to both Baby Boomers and millennials. According to a new survey, more than one-quarter (29 percent) of all Americans are concerned about running out of money […]
$75 trillion corporate debt could fuel next financial crisis
The next crisis will be a debt-fueled one. Skyrocketing corporate debt may help incite the next global economic collapse, says a new report from credit rating firm Standard & Poor’s. Because the Federal Reserve and other central banks around the world have encouraged banks to lend and businesses to take on massive loads of debt, […]
Millennial communists – products of government indoctrination centers (video)
The communists are out in full force for the Republican National Convention (RNC). They are regurgitating what they read in “Das Kapital,” they are espousing the supposed virtues of communism and they are telling everyone else how dumb they are for not wanting to follow the ideologies of mass murderers. Although the Infowars reported didn’t […]