Meraglim Blog

China Will Hit Stall Speed in 2018. The World is Not Ready

This may be the most important article you read this year. It’s written by Lee Miller, a good friend of mine, and his colleague Derek Scissors. Lee is the founder and proprietor of an economic research service called “China Beige Book.” The name “beige book” was borrowed from the surveys conducted by regional Federal Reserve

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Have You Ever Wondered Why Communists Are Leading the War on Cash?

We’ve written about the war on cash many times, including the article above about the cash shortage in Puerto Rico. This is not a U.S. or even western phenomenon. It’s happening all over the world including socialist India. This article reports that the world leader in eliminating cash is Communist China. Why are Communists the leaders in

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The Drip, Drip, Drip of Dollar Denigration Continues

We have often made the point that the death of a reserve currency such as the dollar does not happen overnight. It happens little by little over years or decades in ways that most people don’t notice until it’s too late. It’s the death by a thousand cuts. A good case in point is the

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