In spite of the ongoing Covid 19 pandemic, there’s good news and bad news regarding the U.S. economy. The good news is, the economy grew by an annualized rate of 33% in the third quarter of 2020. That bad news is, that’s still about 3.5% smaller than it was at the end of 2019. Most […]
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On the morning of April 15, 1912, RMS Titanic on her maiden voyage sank after striking an ice berg, killing over 1,500 passengers and crew members. It has been generally accepted that the ship was traveling too fast for the conditions, and the captain ignored numerous warnings of icebergs in the vicinity. Further, the ship
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Chairman Xi Jinping is combining open market economic methods with traditional Communist Party control to remake the Chinese economy. This points to the firm grip that the Communist Party in China has over the economy coupled with the firm grip that Mr. Xi has over the Communist Party. Critics at home and abroad say that
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