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Economy and Politics Archive

When politics are sound and efficient, strong economies usually follow. But when they’re chaotic and ineffective, economic growth is constrained. Conversely, economic downturns often lead to political upheaval, while times of strong economic growth foster political stability.

For a perfect example, just consider how political incompetence factored into the global economic meltdown of 2008. And then look at the political turmoil that followed as a result. We’re still suffering the consequences. The stories below explore this complex relationship.

April 2014

Press Freedom Disappears Under Obama’s Rule

By - April 18, 2014

I founded Wall Street Daily during a tumultuous time when I felt like Americans weren’t getting the truth. The Big Banks had secretly rigged the housing market, and suddenly the financial world was teetering on the brink of collapse. Until…

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Rise of the Princelings

By - April 16, 2014

Foreign investment in China remains limited, at best. In many ways, it’s a state-controlled economy, with the gateways of investment in the hands of government officials. This makes it especially difficult for outsiders to invest in areas such as finance,…

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Uncle Sam is a Greedy and Angry Man

By - April 11, 2014

National Tax Freedom Day, the day the nation finally pays off its total tax bill for the year, hits on April 21, 2014. It’ll take us 111 days to appease Uncle Sam this year. Painful, right? Well, it’s even worse…

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IRS Delivers Bitcoin Its Final Deathblow

By - April 2, 2014

For over a year now, I’ve been chronicling the rapid rise in enthusiasm for Bitcoin. Granted, I’ve been a harsh critic all along the way, going as far as labeling it an “insidious currency scam.” Despite my strong warnings, however,…

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In Japan, Higher Grocery Bills Add to a Leader’s Burden

By - April 1, 2014

On the eve of the Japan sales tax hike, a few brave souls ventured out into the supermarket to make last-minute purchases. When the clock hit 12:00 am last night (April 1), Japan’s sales tax jumped from 5% to 8%.…

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