Posted inChina, European Union, Japan, Northeast Asia, United States, World

We are living in a Bizarro capitalism era

Remember “Bizarro Superman,” the character who represented the polar opposite of Superman and all that he stood for? Today we have an economic equivalent in the form of Bizarro Capitalism. In the good old days, borrowers paid interest on the money that was loaned to them, and bankers paid depositors a savings rate to entice […]