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 [...]
A WEEK OF OBSERVING CHINA AND OTHER EMERGING ECONOMIES
I still cringe when I hear Wall Street, American politicians, journalists and economists telling us if it weren’t for those wonderful people who run China and buy our treasuries, we’d be bankrupt! Having a look at why many companies are moving into Chapter 11 reorganization and how quickly they emerge with a clean balance sheet [...]
SORRY, I SAY BUY AMERICAN
There is already talk that all the infrastructure projects will benefit outsiders and not Americans. As the government hands out contracts, most construction jobs, experts on the economy are already claiming will go to illegals happy to earn less than minimum wage. All this while corporations will profit handsomely. President Obama’s gutless and totally acquiescing [...]
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