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...
Category: Economy
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....
300 Million Guns In America – Limiting New Sales Will Not Cut Murders Obama's attempt to create more stringent procedures amounts to political posturing
WASHINGTON – Here is an interesting (front page) headline from The Financial Times: Obama prepares to impose controls on...
America Needs An Inclusive, Optimistic Republican Party Unfortunately, the candidates who propose education reform get no support
WASHINGTON – More than ever before, America needs an enlightened, inclusive and optimistic Republican Party. Simply stated, the old...
Fight Inequality With Improved Public Education No, it is not. The challenge is how to respond to globalization and technological progress
WASHINGTON – In the course of a popular national radio show, an important journalist declared that “the Big Issue”...