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4. Keynes doesn't play in Peoria. Obama has followed a traditionally Keynesian economic path in responding to the recession - temporarily increasing government spending to make up for slack in the economy. But voters, who continue to suffer from the downturn, are not so impressed. In a recent focus group...
Now I know that you think that makes me insane. After all, I run one of the most impoverished countries in the world. Here, a boom year is any one in which we manage to avoid a famine that kills thousands. But you have to understand, what I value most...
I recently changed the denominations of our currency to wipe out the savings of anyone who possessed over 300,000 won (basically a few hundred of your dollars). Why did I do this? Because a lot of those people had earned that money in private markets - which the Party here...
So, by your standards, we are not "rational." I mean, look, we just had a planeload of missile parts intercepted in Thailand. I think you know where that plane was headed. Why in the world would we be shipping parts for our glorious Taepodong 2 missile to Iran, when the...
But as far as we're concerned, this will blow over. If we've learned anything over the last decade, it's that China is never really going to isolate us economically. They don't want a repeat of the starvation of the late 1990s, which flooded the northeastern part...