Will Tesla Be The Electric Car Maker of The Future? The company has an absurd market valuation, while it keeps losing money. Does it matter? WASHINGTON – Thank God, US IT tech companies are still in the lead. It is hard to match the...
China’s Economy “Worse Than You Think” Jim Chanos of Kynicos conlcuded long ago that China is a house of cards WASHINGTON – A few years ago, Jim Chanos of Kynicos Associates made news because he had the temerity to...
A Made In China Global Recession? Too much debt in China may trigger a global crisis WASHINGTON – After the disastrous 2008 global financial crisis triggered by crazy speculation in the US, the world has...
Kenya Held Back By Lack Of Accountability, Corruption Auditor-general's report indicates that only 1.2% of all government spending is properly documented WASHINGTON – According to a BBC story, only 26% of money spent and collected by the Kenyan government has...
How Bad Is The Chinese Economy? While there is little transparency, what we know creates a scary picture WASHINGTON – There is no way to tell which way the Shanghai Stock Market is headed. However, it is...
The Enormous Value Of Subsidized Child Care Give women the opportunity to have a career and children WASHINGTON – Most advanced countries are experiencing low or very low fertility rates. Anything below 2.1 children per woman...
Obama’s Nairobi Speech In Praise of Enterprise Not Well Reported – A Pity Most media focused on what the President said about enterprise as an antidote to political violence. Yet Obama said a lot more WASHINGTON – US President Barack Obama traveled to Nairobi, Kenya to address a US-sponsored international forum on entrepreneurship. He...
End Of China Boom Caused Commodity Prices Collapse China's bubble was created by a Government-willed gigantic stimulus that fueled demand for commodities. Now it is all over WASHINGTON – Global mining giant Anglo American just announced that it will downsize –in a dramatic way. It will cut...
FT: Europe Undergoing High Tech Transformation – Really? A long report announces that massive amounts of venture capital are funding European tech companies WASHINGTON – If you look at mainstream media, the news is that slowly but surely “Europe is back”. With...
Steady Inflow Of Poor Immigrants A Huge Problem For Italy The inflow is not a flood. But it will not stop. Poor people require services WASHINGTON – Compared to the chaos caused by floods of Syrian refugees trying to find shelter in Lebanon, Turkey or Jordan, the numbers...