Special to WorldTribune.com By Gregory Copley, Global Information System It would be a mistake to think that the Western economic crisis is being managed toward a successful conclusion; that perhaps it can escape from disaster. Rather, most Western societies have moved closer to the brink of economic — and therefore political and social — instability […]
Special to WorldTribune.com By Brian M. Downing, FreePressers.com A few months ago, Saudi Arabia lowered oil production and attributed it to excess world supply. Oil experts saw this as odd because Libyan and Syria production were way down and Nigerian production was thought in jeopardy from bombing incidents. Some thought the long awaited “twilight in […]
Sol W. Sanders [See Archive] Resembling a huge 74-wheeler packed with unassembled goodies, the U.S. is stranded on the world economy grade-crossing with the Euro express gathering speed as it tears down the Trans-Atlantic financial tracks for a seemingly inevitable collision. A police report written by patronizing Harvard economists some time in the dim […]
John J. Metzler UNITED NATIONS — Despite the persistent economic headwinds which are expected to slow economic expansion this year, “growth in the Asia and the Pacific area remains better than in any other region; continuing as an anchor of stability and a new growth pole for the world economy.” That’s the guardedly optimistic prognosis […]
Sol W. Sanders [See Archive] Despite the fact that Europe is in the Northern Hemisphere, the downward swirl of the euro this month took a reverse direction and started going left — counterclockwise. Maybe it is the first part of the Mayan prediction that gravity will fail later this year and we will all […]
Sol W. Sanders [See Archive Imagine a graph representing world problems: There are two mounting growth lines. One represents “technology”, defined as “the application of scientific knowledge for practical purposes.” The other charts “common sense”, defined as “sound and prudent judgment based on a simple perception of the situation or facts.” At the upper corner […]
Sol W. Sanders [See Archive] An old adage holds bureaucracies may successfully pursue their original goals for only a generation. After that their efforts go to feathering their bureaucratic nest. Freddy Mac and Fannie Mae are examples: outrageous executive compensation and payoffs to Congressional friends, all contributing to a housing bust, now requiring more billions […]
Jeffrey T. Kuhner President Obama’s budget puts America on the path toward Greece. It is a reckless document, a stunning betrayal of U.S. economic interests. By its own numbers, Obamanomics leads to national bankruptcy. Unless there is a dramatic course correction, we will share the bleak fate of the Greeks: riots, chaos and internationally imposed […]
Sol W. Sanders Looking around the world, the striking characteristic is waiting out a number of crises. Their outcome seems almost artificially suspended, and their interaction on one another and their ultimate effect on the world is at issue. We start with the Euro. Chancellor Angela Merkel’s supplications in Beijing were perhaps laudable but a […]
Sol W. Sanders President Barack Obama has launched new international diplomatic poker with “a trailing hand”. It is impossible to exaggerate the forces at play, economic as well as political, foreign and domestic, and their interplay. When he signed Dec. 31st the latest Iran provisos, Mr. Obama was handed new clout to cut Iran’s energy […]
