My Comments: You can argue if you like that the writer, a Nobel laureate in economics, is simply a misguided Democrat. But as the US accepts the leadership role in the globalization process it began following WWII, it must recognize that for the sake of our grandchildren, there is more at stake than simply being …
Category: Global Economics
China and Its’ Political Future
My Comments: I like to think of myself as an economist, albeit an amateur. For the past 70 years, since the end of WWII, this country has been pushing economic development across the planet. Our efforts have resulted in incredible wealth in nations that can be called rising great powers. And there has been a …
The Truth About Socialism in America
My Comments: Yeah, I know. It's Thursday and the day I post something about economics. There have been a lot of 'thursdays' lately. For those of you who look to me to give you good investment advice, or are looking for someone to give you better advice than you are getting now, a lot of …
The Harmful Myth of the Balanced Budget
My Comments: A major contrast that exists between the Republican ideal and the Democrat ideal is how to deal with debt. Many on the right will argue that there is a parallel between the debt of households, which often leads to bankruptcy, and the debt of the nation, which by there definition, will lead to …
A Glimpse Into the Future
My Comment: As a reader of this blog, you’ve come across ideas from Tom Barnett that I recycle from time to time. If you do nothing else today, I encourage you to read some of his thoughts that I re-post here. Fascinating stuff! Regardless of our political leanings, all of us are a little scared …
Smart Argument on Handling America’s Water Advantage
My Comments: OK, I didn't know we had a water advantage. I was aware we had an advantage in natural gas that is probably going to make us energy independent within the next decade. I am aware that as a middle class emerges around the world, that the flow of food in coming years is …
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Is Economic Disaster Assured? Preparing for the Perfect Storm
My Comments: Many, if not most, writers and pundits in the financial world proclaim to be conservatives and many, if not most, believe the world is soon to come to an end. To me that’s a radical position to take, not a conservative one. In 1770, in America, there was talk of breaking away from …
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Good Piece on U.S. Concerns: Libya v. Egypt v. Whomever
My Comments: This comes to you via the NYTimes and Tom Barnett whom you have seen me repost before. The anger we are seeing over there results from decades of US behavior. We now live in an internet age, and those folks are discovering what the rest of the world looks like and, like teenagers, …
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Obama, the Real Driller-in-Chief
Ha! I bet you didn’t know this when you heard Mr. Romney recently say he was going to solve our energy dependence problems. I didn’t either. He said we just had to drill more wells, which would solve not only our energy dependence, but add jobs as well. Uuhh, OK! By Javier Blas, Commodities Editor …
Hey, CEO! You Hate Fiscal Stimulus. So Tell Me: What Would You Do Instead?
My Comments: On the one hand, I hear candidates on the right say how opposed they are to fiscal stimulus, and on the other hand, I hear them say we need to reinvigorate the military and spend more money there. From an economic perspective, that’s just another form of stimulus. Personally, I’d rather have the …
Continue reading Hey, CEO! You Hate Fiscal Stimulus. So Tell Me: What Would You Do Instead?
Helping Define Your Financial Future 