Stories by the author
Since inflation in China is perhaps the hottest topic in world political economy --
with the possible exception of the almost total collapse of governance in the US ;-) --
we thought this might be a good time to take a long, hard look at the dynamics of the luxury market in China --
especially if, as many people other than the long-time "China bust" folks are now starting to suspect,
inflation is going to require China's national government to slam on the brakes -- and do so with such force --
Webvan - Tech Favorite Crashed & Burned 10 Years Ago:
Lesson Learned or Shape of Things To Come ???
Credit: Thomas Hawk
14 April 2011.
11 April 2011.
As Wall Street banks successfully mobilize their lobbying muscle with both Congress and the Obama regime
to fight to fight off both further regulation AND any real implementation of what weak regulations DO exist,
in Britain the battle is just beginning over how best to manage financial institutions considered too big to fail, aka TBTF.
Today, a volley will be fired at the country’s politically and economically powerful financial sector by a government-backed commission,
6 April 2011.
While no one can tell what the impact of the inter-locking Japan disasters is going to be on China,
the latter's new five-year economic blueprint sets ambitious goals:
• to raise ordinary people’s incomes,
• rein in pollution and energy use, and
• build advanced-science industries in fields like biotechnology and environmental protection.
5 April 2011.
4 April 2011.
The 1986 nuclear meltdown at Chernobyl was truly a trial by fire —
and one that has now a key part of Russia’s nuclear marketing message — cynical as that might seem.
In April that year, as workers and engineers scrambled to keep the plant’s molten radioactive uranium from burrowing into the earth —
the so-called China syndrome —
a Soviet physicist on the scene devised a makeshift solution for containing remnants of the liquefied core.
1 April 2011.
In 2010, General Electric reported worldwide profits of $14.2 billion,
and said $5.1 billion of the total came from its operations in the United States.
Its American tax bill?
In fact, G.E. claimed a tax benefit of $3.2 billion.
Low taxes are nothing new for G.E.
The company has been cutting the percentage of its American profits paid to the Internal Revenue Service for years,
resulting in a far lower rate than even most multinational companies.
31 March 2011.
Tremors from the strong Japanese earthquake continue to rattle American businesses,
even those companies that have experienced no disruptions in parts or supplies.
Businesses in a number of industries are trying to adapt to a new reality.
No longer can they count on reliable access to critical supplies,
a fact prompting frantic phone calls, contingency planning and product redesigns.
For instance, film and television producers, along with the companies that support them,
Otmar Issing, Former Chief Economist, European Central Bank
30 March 2011.