G20 AND G8 NATIONS CONFERENCE: WHAT IN THE HELL ARE THESE GET TOGETHERS ABOUT?
Every year the twenty nations with the largest economies get together. First there is a meeting of the twenty and then the eight biggest sit down for a mutual admiration show. For me it is all about the photo shoot and the phony jocularity between twenty kiss-ass leaders competing for the biggest smile. More comes [...]
IS ANOTHER VENERABLE TRUCKING COMPANY ABOUT TO BITE THE DUST?
Public traded companies, especially transportation companies have to stop listening to Wall Street. Sure outfits like UPS (who actually listen to no-one other than their solemn church-going inner circle) pay the cost in a languishing stock market price, but those cowboys on Wall St just eight years ago were 100% responsible for the demise of [...]
MR BERNANKE, IT’S ABOUT JOBS AND NOTHING ELSE
Federal Reserve Chief, Ben Bernanke reported this week everything is on track and he sees very positive steps towards a rapidly strengthening and robust economy. The indicators he chooses simply play into the hands of Wall Street so they can get back to doing business as usual; arranging mergers and acquisitions, trading bogus bonds, naked [...]
WHICH COUNTRIES HOLD REAL WEALTH?
Put China to one side (because apart from a million or so living in Beijing and Shanghai, the other 1.2 billion live in abject poverty) the only two significant countries on earth who spend less domestically than they tax and export more than they import are Germany and Japan. These are the only two creditor [...]
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