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...
Japan Headed Towards Disaster? Abenomics is not working. A stagnating economy, combined with an aging population, negative savings rate and more debt indicate trouble ahead WASHINGTON – Unfortunately for Japan, smashing political victories do not translate into good economic performance. Prime Minister Shinzo Abe held...
The Economy Grows Modestly, While Wall Street Is At An All Time High We have yet another bubble, this time caused by the ill-advised stimulus created by Central Bankers. WASHINGTON – When it comes to US higher and higher stock prices I am struck by something truly odd,...
An Aging Population Is Japan’s Real Problem Prime Minister Abe is trying to revive the economy; but he is presiding over a geriatric ward WASHINGTON – Supposedly “Abenomics” is economic shock therapy aimed at ending Japan’s decades of slumber. Abenomics is about devaluing the currency...
President Obama Picked The Zimmerman Case To Talk About Racial Bias In America. A Bad Idea The trail did not uncover any racial motive. The killing of young Trayvon Martin is a tragedy. But it was not a racially motivated killing By Paolo von Schirach July 20, 2013 WASHINGTON – President Obama felt the need to inject his own presidential and...
Chinese Media Openly Discuss “Smog Crisis” People made aware of public health risks, costs of going green WASHINGTON – What is most remarkable about the almost historic “smog crisis” enveloping China is that all the...