Economic Update - Year End 2015
2015 was an interesting year from a variety of perspectives. Here is my understanding and interpretation of what happened in 2015 and then I'll wrap-up with expectations for 2016. The big news items in 2015 were OIL, OIL, CHINA and of course OIL Let's start with China. For the past two or more decades China was the cheap place to manufacture almost everything. There was huge migration of people from the country to the cities. (You may recall my article of a year or two ago