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A National Dilemma
The nation today is facing a real dilemma in the way business and yes, our own government are responding to the financial disaster that millions of Americans are still faced with. Currently the sheer number of people who remain unemployed is so massive that any hope...
China on Course Catching Japanese Disease
Hugh Askew wrote me a message with a request to write something sensible to the story published in the Financial Time from yesterday. “China is heading for a Japan-style bubble”“If China continues to... 386 views | 23 recommendations | 12 comments
When Ends the Recession?
Answer: the recession ends when its work is done. This implicates that the mistakes made in the past must have been corrected before the recovery process is finished. The bubble economy must have been destroyed and... Fake Recovery through Cash for Clunkers
“US economic power is declining as a result of the financial crisis,” said the head of the World Bank Robert Zoellick. And continued saying: "One of the legacies of this crisis may be a recognition of changed... Recovery Wishful Thinking
Recovery is a Wishful Thinking that won't happen soon.Cash for clunkers and any other stimulus plans are stealing future business. People that bought now under the program would have bought next year of... Not Since the Massachusetts Miracle Have I felt So Left Out
This is my favorite passage from Governor Deval Patrick's speech, from 2-20-2009, on his plan for Transportation reform in Massachusetts, where he is justifying raising our gas tax by 19 cents a gallon. That... 327 views | 20 recommendations | 4 comments
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