Author: Greg Stuessel

If this China-Saudi deal happens – yuan for oil – it’s another step closer to the grave for the petrodollar, which has dominated global finance since 1974.

Headlines blast that the US has enjoyed 80 months of continuous jobs growth with unemployment hitting 4.3% – the lowest since 2001. However, there is more to this “strong” number than meets the untrained eye.

If working is the price we pay to obtain things we want, then economic progress has always consisted of decreasing this price thanks to perpetual productivity growth.