EconAir

FROM:  The American Analysis Group of the Public Security Subcommittee of the Central Committee TO:  General Secretary Xi Jinping RE:  The Decline of the United States Thank you for the opportunity to continue our important work on behalf of the Central Committee. We are honored that you allow us to contribute to the defense of China against the arrogant pretensions of the United States. America is degenerating and weakening. It is ruled by a typical imperialist bully. He is the usual combination of ignorance, arrogance and a belief that military might is the only basis of power and influence. He insults and extorts allies. He forgets that global power is based on industrial might; he is doing everything to undermine America’s industrial predominance. We are in a battle of innovation, battle for the world’s economic future. The example of England is relevant here – they stopped innovating and declined in power follows. America is overextended. An expensive ...

Age and Class in America             As an economist, I define class in economic terms. In the past, income and income inequality were usually the main determinants. Now it is a combination of income and wealth (actual and potential) as more Americans grow old and retire.   There are four classes in America:   1) seniors over 65 with assets (wealth) and their inheriting children or relatives. Demographically, the fastest growing class.The number of seniors is expected to double over the next 35 years while the number of all Americans is expected to decre           Total U.S. household net worth reached a record  $166.7 trillion  in the first quarter of 2026, according to the   Federal Reserve's Financial Accounts of the United States . This reflects the total value of all assets (like real estate, equities, and bank deposits) minus all liabilities (like mortgages ...

FIND POSTS BY CATEGORY The Beginning of the Modern Global Economy:  The Economic Rise of England Before the Industrial Revolution The Beginning of the Industrial Revolution in England and America The theme of the following five sections of the blog is that innovation and information, not price competition, are the main factors for understanding economic growth, competition, market structure and analysis. Basic Concepts and Theory Corporate Strategies And Management Market Behavior and Structure Market Dynamics and Information:  How Markets Work Economic Theory and Markets There is beginning a historic change in future populations and their demographics. This will interact with other variables and have a serious, maybe profound, effect on future economic growth. Demographics, Population Projections and Economics American History American Economic History Politics of the United States The Roman Republic and America - Differences and Some Possible Parallels China India Niger...