Is the Dollar Overvalued? New Treasury Report Says Yes.
Treasury says the dollar is overvalued, but has no plans to fix it. Wall Street will remain the deciding factor in the dollar’s fate. Meanwhile, foreign central banks take action.
China’s Zero Covid Revolt. Where Do We Go From Here?
China’s Zero Covid protests should persuade Washington, businesses, and consumers that dependence on China for manufacturing American goods will dull the shine off iconic American brands. Political risks are rising.
Who is the Real Culprit Behind Globalization?
CPA Committee member Michael Collins looks at what made globalization what it is today and considers the big money barriers to rolling it back.
Senator J.D. Vance for Senate Finance Committee
Senator J.D. Vance of Ohio needs to be on the Senate Finance Committee for the good of the country. Even if Senator McConnell, the top Republican in the Senate, isn’t convinced about the good of the country part, he should see that not assigning Vance to Finance will surely doom Republicans to minority status in…
Here’s How Pharmaceutical Drugs Are Recalled. And Why Some Might Still Remain on the Shelves.
Most people think that when a drug is recalled by the lab, it is pulled from pharmacy shelves. It’s not. Here’s how drug recalls really work.
Why Voluntarily Leaving China (or Being Forced to) Does Not Undermine Fiduciary Duty
Investment managers say they have a fiduciary responsibility to be in China. Here’s why they need to seriously rethink this.
CBP Released False Government Statistics
Last week, U.S. Customs and Border Protection’s (CBP) Office of Trade released false government statistics. CBP’s Office of Trade stated that the total value of de minimis shipments fell from $67,039,140,875 in CBP’s FY 2020, down to $39,876,651,152 in FY 2021. These numbers are not accurate, and in fact are certainly a gross, material undervaluation,…
The Services Trade Surplus: Does it Matter?
Some argue that if the U.S. let the services industry grow through exports, it would lower our trillion-dollar trade gap with the world. CPA economist Jeff Ferry explains why that will never happen, and why it is better to increase manufacturing at home to lower the deficit.
Amazon in Business with Chinese Defense Contractor Banned by Washington. Why?
Amazon’s cloud service company isn’t breaking any laws. But is really okay for AWS to provide cloud computing to the Pentagon and China defense contractors?
UN Finally Weighs in on China’s Breach of International Human Rights Laws
The UN Uyghur report called the situation in Xinjiang an international human rights crime. Who will be first to sue? And why are Vanguard and BlackRock allowed to invest in banned companies?