Fusion: The Next Energy Revolution Abundant, cheap and emissions free energy for the world WASHINGTON – TIME‘s cover story (November 2, 2015) has this tantalizing title: “Unlimited Energy. For Everyone. Forever. FUSION, It...
Where Is The New African Middle Class? Rosy predictions failed to materialize. Lack of basic resources like electricity prevent a real economic take-off WASHINGTON – In a recent article focusing on why the African middle class is still rather small, The Economist...
Thanks To The Central Banks, The Equity Bubble Is Getting Bigger Governments are not engaging in serious economic policy reforms. Central bankers keep pumping in more liquidity. What will happen next? WASHINGTON – Imagine this. There are lots of chronically sick patients in the hospital. Many of them are deteriorating...
The Republicans Are Immature And Hopelessly Divided Leading the House Republicans looks like Mission Impossible for Paul Ryan. Meanwhile, Donald Trump leads in the polls WASHINGTON – I really like Paul Ryan; but I am skeptical about his ability to bring order, cohesion and...
The Real Benghazi Story Is The False Explanation Of the Tragedy, Motivated By Politics Former Secretary of State Clinton may be responsible for a major blunder. But the Obama White House deliberately introduced a false explanation in order to protect the President running for re-election WASHINGTON – The much-anticipated appearance by Hillary Clinton, former Secretary of State and now leading Democratic Party presidential contender,...
David Stockman: China’s Real Economic Figures Are Scary The West cannot insulate itself from a global deflation caused by the end of China's boom WASHINGTON – Serious international economic and business media in the past used to quote official Chinese economic statistics indicating...
Walking in Lusaka Talking to Mary, marketing specialist LUSAKA (Zambia) – I was walking in a nice area, with beautiful Jacaranda trees, now almost in full bloom,...
Strange Conversations While In Africa Talking to strangers, you learn what they believe in LUSAKA (Zambia) – During business trips in far away places it is relatively easy to talk to strangers who...
Commodities Exporting Countries in Deep Crisis From Brazil to Australia there will be a lot of suffering JOHANNESBURG (South Africa) – Renowned oil expert Daniel Yergin recently observed that the collapse of crude oil prices is...
South Africa: Major Economy With A Major Crime Problem Violent crime getting worse CENTURION (PRETORIA), South Africa – “Nkosi Sikelel’ iAfrika”, “God Bless Africa”. This is the beautiful beginning of South Africa’s...