Podcast: Play in new window | Download | Embed
James joins Jim Goddard for his weekly appearance on HoweStreet.com radio. This week they discuss the Japanese spending voucher stimulus plan, the manipulated statistics behind the Chinese “recovery,” and the future of the oil/energy markets.
SHOW NOTES:
Unusual quake cluster worries Japan
Why So Many Japan Quake Victims Have `Economy-Class’ Syndrome
Japan government weighs shopping vouchers, promotions to boost consumption
China statistics bureau called out for profiting from data
China Economy News 2016: Debt Reaches Record High Amid Mounting Risk
China’s ‘Triple Bubble’ Economy Poised to Burst
Paris climate deal to ignite a $90 trillion energy revolution
Saudi Aramco IPO Could Raise $106 Billion for Wealth Fund
This Is The End: Venezuela Runs Out Of Money To Print New Money
As more fuel-efficient technologies are developed and brought to market, my hope is that oil consumption will actually reverse its course and begin to decline. I’ll believe it when I see it.
Nevertheless, this latest drop in the price of oil has left many governments’ dependency on oil exposed. Saudi Arabia, Venezuela, Russia, and others are being brought to the realization that they must develop other industries if they want to survive.
Here are two technologies I’m familiar with, hence my pseudonym.
http://www.sonexresearch.com
http://www.soonysystems.com
Japanese spending voucher stimulus plan??
Smells like Guaranteed basic income experiment.
Just read today on Zerohedge that Japan already made this kind of experiment and surprisingly (for me – maybe I just don’t understand Japanese people) it was fiasco.
http://www.zerohedge.com/news/2016-05-02/if
“… happened in Japan a few years back when that nation issued its citizens spending coupons with an expiration date on them. Regardless of the spend-by-date, the typical recipient still hoarded them!”