WSJ story and chart about how "Chinese applicants flood U.S. graduate schools." My Comment: I'm troubled by the pressures that appear from time to time that imply we should build up our military so we can effectivly counter the threat posed by China. Currently, I have a Chinese exchange student working with me as an …
Tag: economics
J.P. Morgan Weekly Market Recap – April 9, 2012
A summary of what happened last week, and might happen this week. Click HERE…
Future of Medicare Up for Debate
Workers approaching retirement -- and many current retirees -- should plan to sock away more money for future health care costs. My Comment: This article appeared five months ago, long before the curent matter before the Supreme Court took center stage. I’m holding my breath about what those folks on the bench are going to …
Make China the Face of the World Bank
My Comment: There is a lot of hot air out there these days about the threat China might be to the United States going forward. I’m not inclined to think so given the profound economic ties that exist between the two countries. Its been said that the United States cannot stay a great country without …
What Austerity Hath Wrought
By James Fallows - James Fallows is a national correspondent for The Atlantic and has written for the magazine since the late 1970s. He has reported extensively from outside the United States, and once worked as President Carter's chief speechwriter. His latest book, China Airborne, will be published in May. My Comment: This comes courtesy …
How Blue America Subsidizes Red America
My Comment: Several years ago, a comment by Barack Obama, long before there was any real discussion about his running for President, he more or less said in a speech that “... we are not red Americans, or blue Americans, but simply Americans”. It was an idea that resonated with me. As an immigrant and …
J.P. Morgan Weekly Market Recap – February 21, 2012
Click here for the best summary I can find. It comes from J.P. Morgan.
Knowledge Lies at the Heart of Western Capitalism
MY COMMENT: As someone who has been invovled professionally for almost 38 years in financial services, it can be argued that I’m running out of gas. Or alternatively, that I’ve simply turned into a gas bag. However, I’m vitally concerned about fulfilling the trust given me by my clients. Clients who look to me for …
Continue reading Knowledge Lies at the Heart of Western Capitalism
The New Rules: Worried by China’s Rise? Watch Out for its Decline
By Thomas P. M. Barnett (Readers of this blog know my affinity for the writings of this man. For me, he has an ability to synthesize complex global ideas in a way that makes so much sense, I have to wonder why its not obvious to everyone. If you listen to the political pundits, never …
Continue reading The New Rules: Worried by China’s Rise? Watch Out for its Decline
Unemployment Rate Falls to Lowest Since March 2009
By Christopher S. Rugaber WASHINGTON (AP) — The U.S. unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy. The Labor Department said Friday that the unemployment rate dropped sharply to 8.6 percent last month, down …
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Helping Define Your Financial Future 