Many people in Germany, France, Britain and the United States believe that European countries like Greece, Ireland and Portugal should simply be allowed to default, so that we can all get on with our lives. Bank of International Settlements, Basel,
Foreign Policy writer and blogger Josh Rogin was respectful but direct in challenging the rosy scenario that the United States and China have been trying to create concerning the U.S.-Chinese strategic dance in the Pacific. The scene was the International
[audio: http://newledger.com/podcasts/CoffeeandMarkets060611.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the slumping markets, China’s holding of U.S. debt and Peter Diamond’s child-like
Over the weekend, Drudge posted an alarming story from CNSNews.com high on the page: “China Divests 97% of Holdings in US Treasury Bills.” What does that mean? I checked with financial hawkeye George Ford for his take. As I read
This morning’s key headlines from GenerationalDynamics.com. Wild celebrations in Yemen over Saleh’s departure Yemeni army soldiers lifted by anti-government protesters, celebrate Saleh’s departure (AP) The evacuation of Yemen’s wounded president Ali Abdullah Saleh to a military hospital in Riyadh in
This morning’s key headlines from GenerationalDynamics.com. Generational Dynamics briefing at Fort Devens On Saturday, I gave a 90-minute briefing at Fort Devens to a unit of about 40 people, US Army and Navy analysts and planners for the US Army
I’ve often written that as bad as America’s economy is, China’s economy is in much more trouble. And now, after a week of extremely bad economic news in U.S. housing, manufacturing, and unemployment, it appears that China’s economy is also
In the wake of the successful mission to kill Osama Bin Laden relations with Pakistan are strained. The U.S. is expecting that Pakistan is going to sharply reduce the number of U.S. military trainers allowed in their country. Intelligence sharing
Last March, the National Labor Relations Board (NLRB) filed a complaint against Boeing for its decision to set up a non-unionized production line in South Carolina. The complaint alleges that Boeing is locating a second production line in that state
I am a successful small businessman and a patriot who loves America and always sees its greatness. I am also an optimistic, positive thinker who always sees the glass half full. But not this time. I predicted doom if Obama
It is going to be a long hot summer as Congress and the Obama Administration debate how best to bring down America’s $14 trillion debt. Our crushing debt is as much a national security threat as it is an economic
This morning’s key headlines from GenerationalDynamics.com. Pakistan to launch a major military offensive in North Waziristan The Pakistan army, working in conjunction with the U.S. military, will lanuch a military offensive against al-Qaeda and Taliban safe havens in Afghan border
An Australian organization called the Institute for Economics and Peace has released its annual “Global Peace Index.” And it doesn’t fare so well for the United States. Iceland is the “most peaceful” (okay, maybe) country and Somalia is the “least
DreamWorks’ “Kung Fu Panda 2” is a spectacle of explosions and roundhouse kicks, a kid-friendly, energetic thrill-ride that’s a worthy sequel to the first KFP. Jack Black‘s panda Po, the Dragon Warrior, is back in all his glorious ridiculousness, and
Trump is drowning in e-mails, letters and phone calls from disappointed supporters who wanted him to make the 2012 Race. Trump spent $100K on lawyers and accountants who would prepared the disclosure forms to show Trump is worth $7.5 B
This morning’s key headlines from GenerationalDynamics.com. China: ‘Any attack on Pakistan is an attack on China’ Pakistan media are reporting that China has issued an ultimatum to Washington that “Any attack on Pakistan would be construed as an attack on
There was a pall over the usually bubbly financial analysts on Monday. It’s not that I heard anyone say that financial disaster was imminent, though some hinted at that. It’s that pretty much everyone I heard was painting an ominous
I suppose in the much larger picture, 50 fighter jets from China do not mean a lot, especially since Pakistan entered the joint venture with China for their production in the first place. It is worth noting that China footed
This morning’s key headlines from GenerationalDynamics.com. Greece commemorates the 70th anniversary of the Battle of Crete Monument to the Greek victory over the Nazis at the Battle of Crete (Kathimerini) On May 20, 1941, Hitler’s elite paratroopers invaded Crete overnight
Naxalite terrorists killed five “jawans” (policemen) in India’s Central Reserve Police Force (CRPF), and critically wounded two more, with a landmine blast in the Dantewada district, according to Samay (Delhi). The ‘Red Corridor’ of regions fully or partially controlled by
Germany’s Der Spiegel has an interview with Bernd Goken, head of the German relief organization Cap Anamur. He recently returned from an 8-day visit to North Korea. What he discovered is shocking, as is his claim that North Korea’s sponsor
On Monday, Pakistan’s Prime Minister Syed Yousuf Raza Gilani told Xinhua, “We are proud to have China as our best and most trusted friend and China will always find Pakistan standing beside it at all times.” Chinese warship docked in
Taxpayers bail out a corporation and the corporation spends money to sponsor a Chinese propaganda film. This is how the game works with the Left. Think about it… Taxpayers fund Planned Parenthood and then that abortion mill turns around and
The recent correction in the commodities markets may be providing Bernake, Geithner and their easy money acolytes with a sense of relief given the relentless run up in prices of raw materials since the announcement of QE back in 2008,
This morning’s key headlines from GenerationalDynamics.com. U.S. was prepared to fight Pakistani forces The Obama administration had “very detailed contingency plans” for military action against Pakistani forces if they had tried to stop the U.S. attack on Osama bin Laden’s
