US GDP Down – Where Is The Consumer? Millions of Americans earn too little. There is only so much they caan buy on credit WASHINGTON – Was the low US 0.7 % GDP growth figure for the last quarter of 2015 just a...
Afghanistan Among The Most Corrupt Countries In The World This war-torn country tops the Transparency International Corruption list. Massive amounts of foreign aid made things worse WASHINGTON – Remember Afghanistan? Yes, that sorry nation in Asia, sandwiched between Iran and Pakistan. Presidential candidate Barack Obama,...
US Economy and Public Finances Deteriorating – Candidates Talk About Something Else The economic foundations are fragile, while the deficit will start growing again. No plan to change any of this WASHINGTON – While we wait with trepidation for the outcome of the Iowa caucuses that will finally begin to...
Major Economic Reforms In Saudi Arabia? Prince Mohammed would like to see quick modernization. It will not happen WASHINGTON – What is going in Saudi Arabia? Probably too much. We have now an odd stew of engineered...
Aldous Huxley: The Political Candidate Sold On TV As Deodorant With the advent of TV no more truth aabout anything WASHINGTON – “Three years before Kennedy’s inauguration, Aldous Huxley argued in Brave New World Revisited that the modern methods...
Is Donald Trump Really Unstoppable? Right now, being the favorite is the same as being the best. Unfortunately it is not so WASHINGTON – Regarding the Republican primaries, much can and will change in the next few week, after at least...
Emerging Markets Crisis Dragging Down The Global Economy Commodities prices collapse exposing trillions of dollars of bad debt. Negative ripple effects WASHINGTON – Will emerging markets in crisis drag down the global economy? Probably not. But they have added and...
Ayatollah Khamenei Warns About US “Deceit And Treachery” Open anti-Americanism still the norm in Tehran. Is this the new era in US-Iranian relations? WASHINGTON – According to Reuters, Iran’s Supreme Leader Ayatollah Ali Khamenei on Tuesday approved the lifting of sanctions against...
Bernie Sanders For President? It is unbelievable that an old fashioned socialist who promotes wealth redistribution is considered a serious candidate WASHINGTON – It is truly bizarre that a significant percentage (more than 30%) of potential Democratic voters are considering...
“The Economist” Mocking China Front page illustraation showing a scared dragon going downhill while a disheveled President Xi tries to stay on the saddle WASHINGTON – It is no surprise that The Economist‘s cover this week is about China. The Shanghai Stock Market...