China Facing Population Decline Now some Chineese women are allowed to have two children; but very few choose to do so WASHINGTON – It looks totally implausible, but China is facing the real danger of a declining population. Yes, with...
China’s Plans To Improve Air Quality Fall Short Chinese reserachers estimate that official goals will not be met. Air pollution will continue WASHINGTON – After decades of denials, at least the Chinese authorities now recognize that they have a huge environmental...
Syriza Victory Is Not A Solution For Greece The new government will probably gain some breathing room. But a socialist leadership will be unable to kickstart economic growth WASHINGTON – As expected, Alexis Tsipras and his Leftist Syriza party won the Greek elections for a new parliament. After...
No More Start-Ups In America Surveys indicate a decline of new businesses. An alarming phenomenon WASHINGTON – There is an almost unquestioned belief that America is the land of entrepreneurs. This is “start-up” country....
The ECB Launched Its Own QE – But Growth Expectations Will Not Be Met Eueope needs serious pro-growth reforms. And they are not coming. The idea that even lower interest rates will trigger growth is foolish WASHINGTON – Here we go. European Central Bank (ECB) President Mario Draghi launched his own version of QE, or “Quantitative...
The End Of China’s Boom China could continue growing if it became an innovation society. But innovation requires freedom WASHINGTON – The China story has changed, quite a bit. Yesterday it was about relentless growth. Today it is...
New Technologies Will Make Carbon-Based Energy Obsolete Regulations and mandates will not work. Governments should invest much more in new R&D WASHINGTON – The NYT recently had a front page (scary) story on global warming, accompanied by a frightening map...
Fiscal Stimulus Does Not Work –Yet We Keep Applying It Stimulus funds are badly used. Capital is wasted, debt grows, and the economy does not benefit WASHINGTON – “If economic troubles are approaching, put together a big stimulus package”. This is the universally accepted prevention/remedy therapy...
America Creates Many New Jobs However, most of them are low-paying or part time. Wages are still low. Is there a way out of this? WASHINGTON – In 2014 the US added 2.95 million new jobs, the best year since 1999 when America added 3...
Greece Once Again Threatens Europe’s Financial Stability A possible new leftist government will reopen the debt reduction deals. This possibilty exposes the Eurozone's fundamental weakness WASHINGTON – Greece is again in the news, and for bad reasons. Early elections (to be held on January...