economic impact Archive

batteriesGreen New Deal is Impossible and A Partial Attempt Would Cost Over $50 Trillion

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I did not think it was necessary to point out how laughably impossible the Green New Deal was. However, there are actual claims of support for it. Business Insider is citing support via an online poll. I will quantify how …

africaAfrica Was Twice as Rich as Asia in 1950 and Africa Rising Requires Good Policies

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Today people see the economic success of China and Asia and see the terrible poverty but many do not know that Africa was ahead of Asia for over a century in terms of per person wealth. Asia was at its …

chinaChina Solar and Wind Projects Must Beat Coal From Now On

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China will not approve wind and solar power projects unless they can compete with coal power prices. China stopped subsidizing large scale solar projects in May, 2018. This was reported by John Parnell at Forbes. China’s leaders did not like …

brazilWill the loyalty of Venezuela’s military follow the money?

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How will Maduro be able to keep the loyalty of the military when Guaido has all the money? The USA has already started to arrange to give all of its oil purchase money and gold to Venezuela’s new President Guaido. …

chinaUS-China Trade Deal Could Restore 2% Back to World Economic Growth Over 2 Years

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Euler Hermes is an Allianz company that provides financial analysis and trade insurance. They have provided a global economic analysis and an analysis of China’s Belt and Road Initiative in 2019. Belt and Road will add $117 billion to global …

chinaChina Offers to Buy $1 Trillion from USA to Fix Trade and Give US a China Funded Stimulus

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China has offered to buy more than $1 trillion in additional imports over six years, shrinking its $323 billion trade surplus with the U.S. to zero by 2024. Global investors are increasingly confident that a China trade deal will happen. …

analysisMicro-reactors As Cheap As Natural Gas Without Air Pollution

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This article looks at the mid-2020 timeline for micro-reactors which has strong Department of Defense interest. Nextbigfuture has been interviewing the project lead, Venkat Rao, for what was the Los Alamos Megapower micro-reactor. Nextbigfuture will also be talking to Westinghouse …

chinaChina’s 2018 Baby Bust Failure Will Trigger Emergency Pro-Baby Measures

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China has a monster miss on its future national and economic plan. Instead of having 20 million babies born in 2018, the babies born will only be 14 or 15 million. The failure of China’s two baby policy will hit …

economic impactGreat Recessions Lasting Impact to Millennials Careers and Finances

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Millennials (now aged 21 to 37) have paid a price for starting their careers during the Great Recession. They had to face historically weak labor demand and unusually tight credit conditions. Millennials are less well off than members of earlier …

chinaFuture Trade War Balance of Power From Now to 2055

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The Trade Wars have revealed that true power is consumer market spending power and having control of key production and production inputs. Economic power is consumer market power and lack of production supply chain weaknesses. Trade War Reveals Production Dependence …