Monday, November 30, 2015

Economy

Alcohol manufacturer bubble is not limited to Ohio.

Despite low oil prices and the pain they're causing the Saudis, they plan to build the world's tallest building in another signal of the skyscraper curse.

Target website crashes under cyber-Monday load as other struggle.

Businesses shrink products while keeping the price the same to hide inflation.

This article explains how printing money creates booms, busts and destroys wealth.
"Their zero-interest-rate policies caused a boom, which led manufacturers to overestimate demand… and induced them to borrow money at low rates to increase capacity… which led to an increase in steel production.
The increased supply led to a bust when real demand turned out to be less than projected."
Not just steel.

Free trade did not wreck American manufacturing. It boosts it.

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