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...
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,...
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...
Anti-Immigrant Europe Needs Immigrants Most European countries are facing a demographic crisis, with population declines WASHINGTON – I recently read a well crafted article about immigration in both Europe and the USA. It pointed...
WSJ To Pope Francis: Our Prosperity Stems From Freedom Freedom is at the foundation of America's wealth. And freedom is given to all men by God WASHINGTON – Here is how The Wall Street Journal, the unofficial protector of American capitalism, greets Pope Francis on...