- Blogging will return
- Blowing Bubbles
- When did the US stop thinking big? Look at EDUCATION!
- War — what is it good for?
- Why we mess up
- Is Terror back?
- Tragedy in Boston
- In Surprise, Recovery in China Loses Steam
- Confused about North Korea? — Think Syria
- Told you so
- From Russia, with thought
- Relentless optimism?
- A Haircut in Cyprus
- Wealth and Social Justice
- Fantasies, Budgets, and Democracy
Category Archives: The Global Economy
The stock market breached 15,000 yesterday — thar she blows! But is this a solid advance, or does the huge rise in the stock market represent a bubble? To followers of the long-term global economy, it should be obvious. The … Continue reading
In the 12 years since 9/11, the United States has been consumed by fear of Islamist terrorism. Underpants bombers, Guantanamo prison, torture, Bin Laden, drone attacks — the list of news stories and issues related to conflicts between radical anti-Western … Continue reading
No, I’m not saying that Korea will descend into Civil War like Syria. However, there ARE the ingredients for an error that will produce open conflict. What Korea and Syria both have in common is unexpected rulers with shaky legitimacy. … Continue reading
The job figures out of Washington today were a mixed but mostly very sad story. There were upward revisions in the January and February hiring numbers, and construction employment remained strong (houses being built on unfounded optimism of a major housing … Continue reading
As the world “slow” pops up more and more (today, slower than expected US factory growth, and lower than expect PMI in China), it might be a good time to post a presentation I gave earlier this year in Moscow: … Continue reading
As Europe waits to see what follows the Cypress haircut and Italian political deadlock; Japan waits to see if its efforts at halting deflation produce progress, ignite excess inflation, or fail; China waits to see if it can sustain growth … Continue reading
It’s baaaack! Many thought the EU crisis had been safely put behind us, thanks to Magic Mario and the ECB’s promise to do whatever it takes to save the Euro. Even the near deadlocked election in Italy, the continued squeeze … Continue reading
There hasn’t been much new to blog about except the same old, same old bad news. The Republicans and Democrats fail to produce a budget deal — is that news? About as much as dogs chewing bones or cats chasing … Continue reading
I was in London this week. Like most capital cities, the business center still looks prosperous: foreign capital is still fueling wining and dining and consumption and construction. Yet in the country at large, austerity policies are fueling a recessionary … Continue reading