countries

Explosion of US debt financed by Americans, not foreign countries, posing risks to economic growth

Explosion of US debt financed by Americans, not foreign countries, posing risks to economic growth

Brian Brenberg, Fox News contributor and professor of economics at King’s College, reacts to the November ADP report. The explosion of US government borrowing over the past 15 years has been fueled not by loans from China and Japan, but by the purchase of Treasury bills by US financial institutions, state governments and other national …

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What is the secret sauce that allows some poor countries to prosper?

What is the secret sauce that allows some poor countries to prosper?

Before COVID, business in Beijing was booming. Dercon says one of the reasons that state-led development in China has been so successful is that the country had a strong state to begin with. Bloomberg via Getty Images hide caption toggle caption Bloomberg via Getty Images Before COVID, business in Beijing was booming. Dercon says one …

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Amazon workers in 30 other countries protest on Black Friday

Amazon workers in 30 other countries protest on Black Friday

Amazon workers and activists in 30 countries marked the traditional start of the holiday shopping season with a series of walkouts and protests demanding better wages and working conditions. In Manhattan, activists, unions and Amazon workers marched past company founder Jeff Bezos’ penthouse in the Tony Flatiron neighborhood. Outside St. Louis, a few dozen workers …

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