Eight drastic policy measures necessary to prevent global economic collapse. None of them will be popular. By Nouriel Roubini Posted Monday, Sept. 19, 2011 The latest economic data suggest that recession is returning to most advanced economies, with financial markets now reaching levels of stress unseen since the collapse of Lehman Bros. in 2008. The …
Tag: global politics
The Whole Truth and Nothing But
By THOMAS L. FRIEDMAN Published: September 6, 2011 Kishore Mahbubani, a retired Singaporean diplomat, published a provocative essay in The Financial Times on Monday that began like this: “Dictators are falling. Democracies are failing. A curious coincidence? Or is it, perhaps, a sign that something fundamental has changed in the grain of human history. I …
How Safe Are We?
What Almost $8 Trillion in National Security Spending Bought Us By Chris Hellman The killing of Osama Bin Laden did not put cuts in national security spending on the table, but the debt-ceiling debate finally did. And mild as those projected cuts might have been, last week newly minted Secretary of Defense Leon Panetta was …
The Race to the Bottom
The idea behind this post came from Bob Veres whose thoughts and writings appear from time to time in the magazines and journals that I follow regularly. This has been an up-and-down summer and there are lots of thoughts to share. 1. Emotions rule asset prices and any effort to invest rationally is doomed from …
The Race for Global Leadership in the Age of Anger
This post is way beyond the intellectual scope held by a simple financial planner in little old Gainesville, Florida. However, if there is one regret I have as my life winds down, it is that I won't be here to find out how the next fifty years play out across the worlds stage. This is …
Continue reading The Race for Global Leadership in the Age of Anger
Demographics: Its Global Impact …
Economist article on how Japan is learning to sell to old people. Japan is a bellweather country as it's farthest along in this demographic aging process. As the conflicts in the Middle East wane over the next decade, the conflicts that arise across the globe will be a result of limited resources such as food, …
A Crisis of Political Economy
I don't know how long this 10 minute webcast will be available but if you are interested in current politics and its impact on economic matters, I encourage you to find ten minutes and listen. While I don't agree 100% with what is said, it's very interesting. Click here to watch...
Comments from Ric Edelman
Ric Edelman runs a company from whom I contract investment management services for my clients. Ric has build an organization that now has over $4 billion under management. That alone says something about his skills and reputation. The following is from an email he sent out to all of us earlier this week. It confirms …
Today’s Observation… (Tuesday 9AUG11)
Is the sky falling? Again? Not necessarily. Are we in a mess? Yes. Did we get here over the weekend? No. Is it going to be a long road hard road to fiscal responsibility? Absolutely. But don't head for the highest bridge just yet! Here's some of the reasons why. Facts we knew: Debt Ceiling …
6 Unwanted Outcomes of the Debt Deal
Will it work? That's the first question surrounding the recent debt deal hammered out at the last second between Democrats and Republicans, which is supposed to close the huge gap between government spending and revenue by up to $2.4 trillion over the next decade. But there's another question that's just as important: Will the deal …
Helping Define Your Financial Future 