Obama – The Harbinger Of A New Era For Politics In America?: Jeffrey Sachs
At his second inaugural address on January 21, U.S. President Barack Obama promised more progressive politics for America – shifting away from the Reagan-era policies, led by corporate special interests, over the last three decades. And while it is too...
Will America’s Middle-Class Crisis Diminish Its Global Superpower Status?: George Friedman
Besides its economic and social implications, the persistent decline of the American middle-class also poses a significant geopolitical threat: Can the U.S. really maintain its status as a global superpower when half of the country is either stagnant or already...
America’s Real Freedoms: by Jeffrey D. Sachs
America has now suffered around 30 shooting massacres over the past 30 years, including this year’s deadly dozen; each a gut-wrenching tragedy for many families. Today, America’s real freedoms depend on sane public policy and the bloodbath in Newtown is...
How China Beats The US At Energy Leveraging: Gail Tverberg
Countries like China and India, which leverage their oil use to a greater extent with more coal use are less affected by a rise in oil prices. This is another reason why jobs are moving to China and India,...
One Month Later – How America Should Rebuild Itself Post-Elections: Joseph Stiglitz
After a hard-fought campaign, it seems that not much has changed in American politics. Rather, the main cause for celebration has been that America has avoided policies that would have pushed it closer to recession and increased inequality further. After...
A Powerless America?
As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran's eventual nuclear potential, it has a much more pressing problem at home: Its energy grid is vulnerable to anyone with basic weapons and...
Bernanke’s Great Deception: Is The Federal Reserve Waging A War On Savers & Pensioners?
The Federal Reserve’s strategy of holding interest rates near zero to spur the economy has had its share of critics – especially since it caused a massive transfer of wealth from savers to spenders, while many middle class pensioners,...
Mitt’s Misguided Beliefs – Why The World Faces Greater Risks Under A Romney Presidency: Joseph Stiglitz
The world has a lot riding on the upcoming U.S. presidential elections. Overwhelmingly, non-US citizens favour Barack Obama’s re-election over a victory for his challenger, Mitt Romney – and for good reason. The world has a lot...
Behind The Narrow Margins Of Victory In US Presidential Elections: George Friedman
American presidential elections have historically been close affairs; with just four presidential candidates in the past have receiving more than 60 percent of votes across the electorate. But while the American electorate may appear to be deeply and persistently divided,...
Obama Battles to Become First $1 billion President
President Obama’s fundraising campaign is set to raise US$1 billion and that does not even include the massive ads funded by the Super PACS. Meanwhile, in Washington, the billions spend on lobbying rises ever year. The result is a conservative...
Big Oil’s Influence on US Politics
Energy and taxes have come up as important topics in this year’s race to the White House. From energy independence to tax breaks for the oil industry, affordable gas prices and environmental protection – these are the issues that can...
Hard To Be Easing – Why QE3 Cannot Prevent A Fiscal Drag: Nouriel Roubini
The US Federal Reserve’s third round of quantitative easing, or QE3, has many observers arguing that the effects on risky assets could be greater than in previous rounds. But, despite the Fed’s commitment to aggressive monetary easing, QE3's effects on...
Is A New US Foreign Policy Doctrine Emerging?: George Friedman
In the aftermath of its disastrous invasion of Iraq back in 2003, the U.S. has learnt critical lessons on the consequences of intervention, which has led to the emergence of a new foreign policy doctrine based on 'reality'. As demonstrated...
The “Curse” Of Competition: How The US Can Abolish The Quasi-Monopolies In The Economy
Apart from the problems stemming from the 2008 financial crisis, the U.S. economy is now also being weighed down by little monopolies, or quasi-monopolies, which reduce economic efficiency, slow economic growth, and reduce the average income of every U.S. household....
Can Game Theory Explain America’s Political Paralysis Over Its “Fiscal Cliff”?: Mohamed El-Erian
The need to address America's fiscal situation has just been magnified by a warning from Moody’s that the US could lose its top credit rating if Congress fails to make progress on medium-term fiscal reforms. But why didn't the imposition...