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Archive for debt

China Stuck in a Feedback Loop | The Dollar or the Dark Ages? – Tough Call.

The FT published a brilliant article on Monday (May 25) entitled, “Beijing is caught in ‘trap’ over dollar.”
The article suggests the world’s fastest growing economy has placed too much of its hard-won cash reserves in the U.S. debt market and, as a result, has locked itself into a bit of a jam. As the [...]

“A New Era” Budget Includes Doubling Foreign Aid? {$50bn} Good Grief!

Ok, so forgive lack of URL’s, scruffy typing, and shortness of breath – due to running to make train and then unapologetic anger after reading the

Obama! Start a New War – on Pentagon Waste (and Corruption)

Remember the days before 9/11? Don’t they seem quaint in comparison to the tsunami of fear we, as a society, face across all fronts – social, economic, and militarily?
As the Obama administration tries to reenergize the American (and therefore, Global) economy – the focus on the U.S. Budget is upon us with renewed and very [...]

China’s Economic Influence | The Growing Debate

You’ve got to love Chris Matthews – the weekday host of MSNBC’s Hardball. Wednesday (February 28th), the day after the hideous 4% drop in the Dow Jones Industrial – triggered by a 10% sell off in China – Chris Matthews asked the questions seemingly neglected by the masses.
“Why did a sell-off in Shanghai cause a [...]

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