Economic Bubble

Takayuki Koda is 67 years old and homeless.He is also completely unconcerned about the COVID-19 pandemic.“Coronavirus is an illness for pampered people,” Koda said, as he waited in the rain for volunteers to hand out food in a small park near Ikebukuro Station in Tokyo on Wednesday night.“No homeless people…

On March 24, Prime Minister Shinzo Abe asked the International Olympic Committee to postpone the 2020 Tokyo Olympic and Paralympic Games. The press has been of two minds as to which side instigated the idea, since a few days earlier a prominent member of the IOC publicly mentioned the possibility…

I’m a 25-year-old Recruitment Consultant, and since March 2020, like many people within my generation, I’ve lived in an economic bubble. The economy has always grown, never had to fight for business, I’ve been working in a candidate short market, with plenty of jobs. I have friends working across several…

Mar 30, 2020 5 Min read time Image: Vaughn Smith  We face an economic crisis not least because the rules of corporate governance slight workers and preclude economic resiliency. We must reform them now. Corporate greed did not cause the coronavirus, but it did create an economy extremely vulnerable to…

Name: Grant PogosyanTitle: Ambassador of ArmeniaURL: https://japan.mfa.am/enHometown: YerevanDoB: Feb. 1, 1953Years in Japan: 30As ambassador of a country with one of the longest histories in the world, Grant Pogosyan is eager to share his homeland’s unique culture with Japan. Just as unique, however, is Pogosyan’s path to becoming the first…

Market prices are the foundation of civilization. They are the signal that tells producers how much of any one thing to produce. They tell consumers how much to consume or whether to consume a product at all. The reason retailers don’t normally throw away 80 percent of their stock is…

In the aftermath of the coronavirus, we face the strong possibility of a deflationary depression. We cannot allow that to happen. This is going to mean significant amounts of government debt, and much of it will have to be monetized by the Federal Reserve. I fully get that means risking…

NurPhoto via Getty Images In the aftermath of the coronavirus, we face the strong possibility of a deflationary depression. We cannot allow that to happen. This is going to mean significant amounts of government debt, and much of it will have to be monetized by the Federal Reserve. I fully get…

Many friends of mine, including a significant portion of GNOME contributors, are in the United States, and I’m personally worried they (or those around them) will face particularly deep trouble this year and beyond. It seems nobody dares talk openly about it, so what the heck, I’m sharing my concern…

Miles Franklin sponsored this article by Gary Christenson. The opinions are his. Breaking news: The Wall Street casino created another all-time high for the Dow during the week ending February 14. Then it fell 35% in March. The “pickle” description is explained below. Stay tuned. The Federal Reserve is monetizing…