It’s more than a little disconcerting that the United States Government seems indifferent toward a practical and workable solution to our current public debt situation. Perhaps the timetable isn’t what the public would like, but it is what The Market is now commanding. This pic was taken during one of Mr. Heston’s meditations with The […]
Underemployment, Continued…
This is something of a continuation of the previous post. The latest United States unemployment numbers came out last week, and the news is mixed. An editorial in the Weekend Wall Street Journal provides a brief analysis of the figures’ current relevance. Some good news, some bad. There are individual sector reports which are promising, […]
Singapore: A Free Trade Case Study
The city-state of Singapore has transformed itself from a backwater colonial outpost to a world leader in international trade and finance in just a half-century’s time. How does something like this happen? The Economist has a great summary for those with any interest in Asia’s financial markets here. For our purposes, let’s look at what’s […]
China Lights Up The Dollar
When researching the global supply and demand for lumber and lumber products, I was not surprised to note the dominant role that Chinese production and trading activities played on the global pricing and distribution structure. East Asia in general was a surprising market, however, and for reasons that were somewhat enlightening. General information about global […]