The United States has endured many challenges since having reached its economic peak several decades ago. The wealth generated during the 1940s and 1950s carried the nation through several economic downturns. By the 1970s, much of this excess wealth had been depleted.
Sun Dec 23, 2012 7:37PM
By Mike Stathis
In a previous article I made the case that China does not hold the position of power over the U.S. economy that many have come to believe. A portion of my argument was focused on disproving baseless claims that China is selling off its U.S. Treasury holdings. As I discussed, China has actually been stockpiling U.S. Treasury securities over the past several years.
Tue Dec 4, 2012 7:31PM
By Mike Stathis
As the global economy continues to weaken, more economists have been focusing on China due to its dominant position in global trade. Indeed, the U.S.-China trade relationship has become particularly significant over the past decade. Chinese imports are found on nearly every shelf of every store in the U.S.
Wed Nov 7, 2012 5:11PM
By Mike Stathis
For over three decades, proponents of free trade have promised Americans more jobs. This promise has not been kept. Ever since NAFTA was signed into law in 1994, developing nations have been on the receiving end of millions of jobs that have left the US soil.
Tue Oct 30, 2012 7:55AM
By Mike Stathis
In many respects, much if not all of the economic gains made in the United States from the past decade have been wiped out due to Wall Street malfeasance. Looking forward, I expect America to lose at least another decade.
Tue Oct 23, 2012 6:27PM
By Mike Stathis
Among the various mechanisms of fraud carried out by the Zionist Mafia, the one most responsible for the economic decline of the United States has been its exploitative trade policy, otherwise known as free trade.
