PRESIDENT OBAMA, YOU BECOME MORE LIKE NEVILLE CHAMBERLAIN EVERY DAY
Neville Chamberlain, as Prime Minister of Great Britain during the thirties, believed a commitment to peace was the better route to handle grievances between countries and thus appeasement would thwart the aggressive demands of any dictator by removing the need for him to adopt such strong-arm tactics. While it was a very noble principle, Adolf [...]
CHEAP AND POOR QUALITY CHINESE TIRES MAY HERALD THE START OF PROTECTIONISM
I salute President Obama for his decision to apply the first tariff to some Chinese-made junk America truly does not need. I remember starting about ten years ago and the still ongoing lawsuits throughout the country Ford and Firestone are facing over producing Explorer SUV’s with unsuitable tires which supposedly affected the vehicle’s stability at [...]
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 [...]
GOOD OL’ CHINA STILL UP TO ITS OWN TRICKS
Sometimes I think the world has become insane. Every time I read an article on the global crisis or turn on my TV to a business program I am fed how wonderful everything is about China and India and how useless America is. Bollywood know how to make movies and Hollywood doesn’t, even though Bollywood’s [...]
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