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April 2017 Economic Overview

April 2017 Economic Overview

The Trump administration’s vision for disengagement from the world is a godsend for China. Look at Trump’s proposed budget, which would cut spending on “soft power” — diplomacy, foreign aid, international organizations -by 29 percent. Beijing, by contrast, has tripled the budget of its foreign Ministry in the past decade. And that [...]

9 Graphs showing the West’s decline put together by PA Consulting Group.

9 Graphs showing the West’s decline put together by PA Consulting Group.

Economy-watchers have basically spent the last three years coming up with new and more metaphorically-illuminating ways of saying the same thing, over and over: "Things are getting better, but too slowly." The following descriptions and graphs are illuminating, and provocative: