No Real Economic Reforms In China The Communist Party needs to control the economy, in order to stay in power WASHINGTON – Former Treasury Secretary Henry Paulson, with all his government and Goldman Sachs private sector expertise, (he was...
Lee Kuan Yew Built Singapore – Great Deed? This super efficient city-state will soon be empty. Singapore women have the lowest fertility rate in the world WASHINGTON – Lee Kuan Yew, the architect of modern Singapore is dead. He ruled Singapore for 30 years as...
China Is Slowing Down – Old Model Not Working Anymore Declining industrial production and a lot of bad debt force public officials to revise growth estimates WASHINGTON – We all know that the Chinese economy is slowing down. But we do not know all the facts....
Central Banks Administer Monetary Morphine The problem is lack of growth and gigantic debt levels. And yet we only have interest rates suppression, as if this were a cure WASHINGTON – The financial and fiscal “New Normal” across the countries touched or devastated by the Great Recession of...
In A Slowing Economy Invest In R&D, Education And Infrastructure We can make America more productive by getting better educated people, new airports and oil pipelines WASHINGTON – America is doing OK, (if compared to declining Europe and Japan), but not great. The once powerful US...
Mountains of Debt in Greece…And In China Debt financed growth is a terrible strategy. Greece is ruined, and China may get there soon WASHINGTON – There is nothing promising in the outcome of the “European Tour” taken by Greek Prime Minister Alexis...
US Economy Up By Only 2.6% In The Fourth Quarter Just a few days ago Obama had declared victory. It turns out that America has not yet regained its old momentum WASHINGTON – The White House communications and policy teams are not in luck. Not too long ago they told...
Advice To Europe: Deregulate And Cut The Red Tape Steven Rattner, a centrist, writes that Europe's problem is a suffocating regulatory environment WASHINGTON – Well known Wall Street financier Steven Rattner stated the obvious about Europe’s lack of competitiveness and what to...
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....