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Monthly Archives: May 2013
Syria to lock down or explode
Ian Bremmer did a wonderful take on the deteriorating situation in Syria for the Financial Times. He points out this is now a full-fledged proxy war, with Hezbollah and Iran fully committed to backing their proxy, Bashar al-Assad, who is … Continue reading
More of the same (and more)…
Blogging is a great opportunity to comment on the news of the day. But what happens when the news simply repeats? Here are some headlines that are basically unchanged for the last two years: Casualties mount in Syria’s civil war. … Continue reading
Posted in Uncategorized
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Round and round the financial world
What makes the stock market a casino, as John Maynard Keynes called it, is that is bears only a remote relationship to movements of the real economy. The stock market has been soaring; yet the news from the real economy … Continue reading
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Is it too late for Syria?
In a word, probably yes. Once ethnic cleansing has begun (it is occurring now in the coastal hills as Alawite regions, encouraged by the regime of Assad, are massacring Sunnis), it takes some years to overcome distrust and conflict. But … Continue reading
Posted in Uncategorized
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Blogging is back!
Again, my apologies to all faithful readers for the long absence — I was literally at sea! Lots has happened — new stock market highs, new life in Japan, fresh optimism about the US and Africa. Some of this is … Continue reading
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Blogging will return
Sorry for the long absence — blogging will return May 20.
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Blowing Bubbles
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
Posted in The Global Economy
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