"Japan and its two decades of economic stagnation seem as if they’re about to have company."

Professor Michael Pettis’ new book The Great Rebalancing presents some bold ideas — take a look.

The U.S. Commerce Department noted today that the American economy contracted at an annual rate of 0.1% in the 4th quarter.

While growth globally may not be ideal, Asia’s rise as an economic giant looks sure to continue.

China’s massive bank financed stimulus was intended to keep the economy moving. It may instead lead to economic disaster.