China Archive

Asian Economy: Toyota Leaves Japan in the Dust

Nobody should be surprised that Toyota, flush with $18 billion in profits this year, has emerged as a major beneficiary of Abenomics. After all, the weakened yen at the center of Japanese Prime Minister Shinzo Abe’s economic program was designed to help …

The Global Liquidity Squeeze Has Begun

Michael Snyder | Economic Collapse Get ready for another major worldwide credit crunch. Today, the entire global financial system resembles a colossal spiral of debt.  Just about all economic activity involves the flow of credit in some way, and so the only …