No More Startups In America The real problem is fewer and fewer new enterprises WASHINGTON – President Obama confidently declared to the Nation in his last State of the Union Address that the...
By Showing Captured US Sailors Iran Scored A Huge Propaganda Victory The video showing US sailors taken prisoners was released in order to openly humiliate America WASHINGTON – Two small US Navy boats drifted off course while sailing in the Persian Gulf and ended up...
Why Self-Driving Cars? Upgrade Bus Networks Instead The problem is not that cars are not efficient. The problem is that there are too many cars. WASHINGTON – The ongoing buzz about the marvel of “driverless cars” soon hitting the roads is a bit too...
How Much Overcapacity In China? Monstrous Cement production went beyond any thinkable measure WASHINGTON – It has been said many times that the recent commodity prices collapse is due to sudden lack...
Immigrants No Longer Welcome in Europe A few instances of criminal behavior gave a bad name to all new comers WASHINGTON – Predictably, the European refugee problem has turned into a major Europe-wide political crisis. Anti-immigrant, far right political...
China Worries Fostered By Unreliable Government Data Analysts tend to think the worst when something unusual happens WASHINGTON – What’s going on in the Chinese economy? Nobody knows, really. We get bits and pieces; but not...
The West Is Impotent Regarding North Korea Kim Jong Un has atomic weapons; but he runs an impoverished country, with a decrepit economy WASHINGTON – North Korea is at it again. Apparently dictator Kim Jong Un ordered another atomic test, claiming that...
Saudi Arabia’s Goal: Hurt Iran Low oil prices are meant to strangle the oil-dependent Iranian economy WASHINGTON – A few days ago I argued that Saudi Arabia is imposing rock bottom oil prices through over...
Obama Talks About Gun Violence In Order To Avoid Embarrassing Issues While major crises pile on, with a clever move the President got everybody to focus on his modest gun control initiative WASHINGTON – I’ve got to hand it to President Obama. He is a really capable politician. And probably the...
China’s Economic Slide And Its Political Repercussions The stock market fall may be an indication of more bad news to come WASHINGTON – The big 7% Shanghai stock market loss right at the start of the new year is surprising....