China’s New Slow Economy

WASHINGTON – What’s really happening to the Chinese economy? The answer is that we do not know for sure. But the signs that we get are not that good.

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State Capitalism Does not Work

WASHINGTON – Capitalism is flawed, we know this. The 2008 epic, almost terminal, Wall Street financial meltdown demonstrated that in some critical instances the market is not at all “self-correcting”....

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The Ebola Response Reveals Incompetence

WASHINGTON – Beyond the hysteria, false alarms and exaggerations surrounding just three Ebola cases in the US, the disturbing fact is that this admittedly small crisis revealed an astonishing level of...

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Latest News

China’s New Slow Economy

WASHINGTON – What’s really happening to the Chinese economy? The answer is that we do not know for sure. But the signs that we get are not that good.

State Capitalism Does not Work

WASHINGTON – Capitalism is flawed, we know this. The 2008 epic, almost terminal, Wall Street financial meltdown demonstrated that in some critical instances the market is not at all “self-correcting”. There will be horrible excesses. There will be bubbles. The idea that the private sector will always be able to price risk correctly is wrong. The […]

Lockheed Claims Nuclear Fusion Breakthrough

WASHINGTON – I have observed in previous pieces that our long season of economic stagnation here in America (and beyond) is in part due to a lack of significant technological innovation. We badly need “something new” , real game changers that will cause major qualitative advances, opening up growth opportunities in brand new economic sectors. Indeed, beyond fast changing ICT, […]

Is Wall Street Going To Crash?

WASHINGTON – If you believe that US stocks are priced fairly, then the current sharp dip experienced by Wall Street is an opportunity to buy good assets at a discount. But if you believe instead that we are experiencing the bursting of a bubble induced by an unprecedented period of Fed-induced zero interests and by […]