JAPAN NOW HOLDS MORE U.S. DEBT THAN CHINA
The Chinese are selling their holdings and last week Japan took over first place with $767.8 billion of Treasury bonds supplanting China’s holdings of $755.4. Having only attained a high school diploma, I have huge difficulty how all this debt nonsense works. Over the past year the Federal Reserve has been buying Treasury bonds, so [...]
WHEN WILL LARGE CORPORATIONS RETURN TO A BASIC PHILOSOPHY THAT WORKS FOR ALL?
Amongst all the business news of doom and gloom this week, the headline stealer was the speculation of the fate of once America’s greatest company, General Motors. With the help of President Obama, it appears G.M. will be bullied into bankruptcy. What is happening to this country, when the media and other self professed experts [...]
WHY IS INTEGRITY NOW SUCH A RARE “COMMODITY”?
One of the sad facts of life since greed and avarice has become the measuring rod for success, is integrity now plays a very minor role in human behavior. It doesn’t matter whether we are talking about poverty stricken countries such as Zimbabwe, emerging economic powers like Russia, China and India or the power houses [...]
RUSSIA BEATS CHINA IN TAKING TO THE STREETS
Mr Putin spent last week grandstanding amongst his peers at the Davos economic summit while at home protestors took to the streets of Moscow and Vladivostok. Putin may have been able to grandstand in the international arena when he was reaping the benefits of the world getting ripped off by high oil prices, but now [...]
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