Monthly Archives: July 2015

The China Syndrome (Part II) . . . . and the Crumbling BRICs

Two years ago I wrote a bearish post on China titled “The China Syndrome: Will GDP Growth Top 5%?”.  I argued a “soft landing” was unlikely because: A) It would inevitably be tough to shift from export-and-investment driven growth to … Continue reading

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Why Interest Rate Psychology Will Change By Late 2016

Wall Streeters disagree about when the Fed will start to tighten (September?, December?) but most agree that once it gets started the pace of tightening will be exceeeeeeedingly gradual. An overleveraged US in a weak world economy supposedly requires easy … Continue reading

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The Sowell Solution

Time:   1944 Place:   Junior High School 143 in uptown Manhattan, not far from Harlem Action: Mrs. Sennett, a Guidance Counselor, is giving a classroom full of ninth graders advice about which NYC high school they should attend next year She … Continue reading

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A Flawed Framework for the AP U.S. History Curriculum

In a previous incarnation I was a professional historian, so I was intrigued by conservatives’ charge that the new AP History Framework for high school students has a leftist bias, depicting “a nation founded on oppression, privilege, racism, and heedless … Continue reading

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