Daily Archives: July 20, 2009
So Far From God, So Close to Wall St
REUTERS/WIN MCNAMEE President Clinton at a 1993 NAFTA signing ceremony This past winter both the outgoing director of the CIA and a separate Pentagon report declared political instability in Mexico to be on a par with Pakistan and Iran as … Continue reading
Small Business takes it in the neck
The Star-Ledger – NJ.com NJ small-business owners brace themselves for side effects of … The Star-Ledger – NJ.com – Newark,NJ,USA New Jersey’s economy is powered by an estimated 260000 small businesses — generally defined as having 50 employees or less. … Continue reading
Don’t expect China and the U.S. to sort out trade differences soon – Another view on the US China relationship
Trade skirmishes are one thing, full-blown trade wars quite another. Politicians, even the most fervent believers in the virtues of free trade, sometimes have to bend to constituents’ demands for protection. Ronald Reagan urged Japanese auto manufacturers to accept “voluntary … Continue reading
The Peking-Washington connection: is it real?
Is there a clandestine understanding between the world’s two most powerful central banks, the Federal Reserve and the People’s Bank of China? Naturally, no one can talk about it, let alone confirm or deny anything. But it’s not too difficult … Continue reading
