Patrick Watson

Aug 25, 2015
Crude oil dipped below $40 last Friday for the first time since 2009. The entire globe was in recession back then. Why the weakness now? Lower prices are the result of falling demand and/or rising supply. Currently we have both. Demand is falling because China's torrid...

Aug 18, 2015
When OPEC decided last November to keep the spigots open despite lower oil prices, many of us predicted doom for U.S. shale producers. The Saudis, we thought, would use low prices to bankrupt those upstart Americans.

Aug 11, 2015
Is stiffing your lenders immoral? Billionaire Donald Trump doesn't think so. Asked in last week's Republican debate about his four business bankruptcies, Trump had no regrets. He said bankruptcy is a tool the "greatest people" use.

Aug 4, 2015
Cyberwar is coming. The only question is whether any of us will know when it starts.

Jul 29, 2015
Silicon Valley's finest want to connect all your devices to the Internet. This will have benefits, but it won't be risk-free. For instance, hackers could hijack your car - while you are in it.

Jul 21, 2015
If you want to buy on the ground floor of some hot emerging markets, now is a good time. The unlikely duo of Barack Obama and John Kerry are giving you two opportunities.

Jul 15, 2015
For most of the last 2,000 years, Europe was a set of shifting alliances and warring kingdoms. Now the Greek debt crisis is sending the continent back to its historically normal state.

Jul 7, 2015
If the Export-Import Bank comes back to life, it will be a bipartisan victory for crony capitalism and a stinging loss for liberty and smaller government.

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