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US

What Do Such Low Gas Prices Mean?

Kelly Diamond, Publisher

A couple of weeks ago, I wrote about the Russian Hooker Index, which had to do with the increasing cost of living in Russia. Meanwhile, however, the US is enjoying some very low gas prices. I am NOT complaining about the prices one bit! (Just wanted to be super clear on that point, because the last time I was able to fill my tank for $20, was about a decade ago.)

Much like the Russian Hooker Index, however, I am left wondering what economic forces are at play… or more ominous than that, what economic indicators for the future does this hold?

China v the US = Strategy v Tragedy

Kelly Diamond, Publisher

While the United States is fixated on some new tribe of rebels in Iraq and Syria, China just swooped by and surpassed the United States twenty-seven ways to Sunday. As I've mentioned in nearly every single article to do with China, they are and have been playing a strategic game of Go, while the United States is playing a tragic game of Connect Four with 42 different colors.

First off, I think this says something about how meaningless labels can be. On the surface, a Communist country surpassed a Capitalist one. But China's economic behavior and worth ethic is anything but Communist. And the American economic behavior and ethic is anything but Capitalistic.