IT HAS BEEN A DOWNWARD SPIRAL FOR SOUTH AFRICA SINCE 1994
While the story of imprisoned Nelson Mandela is a heart rendering one against the backdrop of an Apartheid regime that kept him jailed and South Africa isolated from the rest of the world for thirty odd years, the simple fact of the matter the now ANC ruled country has ended up a basket-case like all [...]
EIGHTY-TWO YEAR OLD LEE IACOCCA STRIKES OUT
One of America’s great 20th Century industrial titans and personalities had some interesting things to say about the current economic mess we are in. Much of what he had to say was disparaging towards President Obama and the Democratic Party, but even after discounting those political comments, he was on the money about many things, [...]
AN ENGLISH “INSTITUTION” BECOMES A DEBT RIDDEN SUBSIDIARY OVERNIGHT
Even in Great Britain, a country which has had culture snatched from it by indiscriminate immigration and being a member of the EU, is up in arms over losing Cadbury’s a 200 year-old Birmingham-based “institution” majority-owned and run until recently by the Quaker Cadbury, to plastic cheese maker Kraft Foods. Kraft, thanks to Wall Street [...]
JAPAN’S CORPORATE CULTURE HAS INDEED CHANGED IN THE 21ST CENTURY
Large Japanese corporations once upon a time were considered too big to fail. Until the restructuring of several of the largest Japanese banks at the turn of the century, commerce in Japan was held together by “keiretsu” companies. In crude terms about six keiretsu banks; Mitsubishi, Mitsui, Sumitomo, Fuyo, Mizuho and Bank of Tokyo-Mitsubishi UFJ [...]
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