Preserving Capital through Bankruptcy
The New York Times recently published a piece entitled “When Kmart Moved Out, Churches and Flea Markets Moved In.” The article, penned by Kevin Williams, provides an instructive subtitle: “The retailer’s former stores are being used by tenants that might
British Columbia’s Supreme Court Gets an F in Healthcare Economics
Canadian hospitals operate under fixed budgets dictated by the government. When this tax revenue is depleted before the end of the year, as often happens, new patients are put on a waiting list. This problem isn't getting any better. Original Article:
Central Banks Can’t Taper in this Slowdown
Recent macroeconomic data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history, and with all the possible tailwinds from policy decisions, consumer confidence has plummeted to the lowest level since 2016. Retail
China’s Military Strength Has Been Greatly Exaggerated
At this point, most everyone is now familiar with a certain narrative about China. Namely, the narrative about how China will soon be the most economically powerful country in the world, and how its military power will soon eclipse that