Image via Wikipedia “Let the games begin” was the rallying cry made four days ago by top U.S. and South Korean military commanders, as the two nations engaged in high publicized, joint military exercises along Korea’s east coast. Although the exercises were touted as routine military drills, the message sent to North Korea was clear [...]
Continue reading about North Korea ; China’s “L’enfant Terrible”
Image via Wikipedia Alleluia! It looks like the Federal Reserve policy makers and most of America’s leading economists are finally coming to the same conclusion about the future of the U.S. economy. They aren’t saying that we are headed for a “double-dip” recession, or that somehow the economy will plunge into another “Great Depression”; and [...]
Continue reading about The Year 2020: When Growth Will Return to America
In the 1980′s and the early 1990′s I worked in the International Banking Division of a large regional bank in Western Pennsylvania. A large part of my responsibilities was in the area of “foreign exchange” purchases and sales. Because of that experience, I have found particular interest in the fate of the relatively “new” European [...]
