US Banking Crisis: Fed Refuses Rate Cut

Terrifying news from the US banking industry has struck again; will this lead to a full-blown financial crisis? The Federal Reserve stubbornly refuses to lower interest rates, isn't it afraid that Ame...

South Korea's Economic Collapse

Yesterday, we published an article discussing the current state and causes of the collapse of the South Korean economy. Some netizens asked, "Why can Japan hold on when both are vassals of the United ...

US Interest Rate Hike Fails

Why has the US dollar been slow to cut interest rates? Some say they dare not cut rates anymore, as once they go up, they can't come down. What is the rationale behind this?Has the current round of US...