With the Ukraine war now reaching its one-year mark on Feb. 24, the Russians have not achieved a military victory but neither has the West achieved its goals on the economic front. When Russia invaded Ukraine, the United States and its European allies vowed to impose crippling sanctions that would bring Russia to its knees…
They have become the outsourcing mandarins, consultancy companies which have served to degrade expertise in the public sector while diminishing the quality of services. Along the way, they have charged astronomical fees in giving repeatedly flawed advice. Consultants, packaged as all wise gurus, have become the great confidence tricksters. Embracing the inner voodoo of consultancy…
After the end of World War II, the United States not only managed to preserve its army and economy, but it also significantly enriched itself in the war. This is not surprising given that the war occurred far from the United States’ borders and could not have had the same impact on the United States…
China’s economic data for the year 2022 has been released in Beijing on Tuesday. The striking part is that China’s GDP growth slowed down to 3 percent. From an Indian perspective, it may seem momentarily that China’s economy is slowing while India’s expanded by nearly 7 percent (per World Bank predictions.) Can India catch up…
“President” Joe Biden described the US economy as, “Strong as hell,” in a recent sound bite. No one except his most ardent supporters, a vanishingly small number in reality, believes that. He and they point to statistics, “internals” in Biden-speaks, that point to why the US is better off than everyone else. Well, yes, we…
You may ask yourself, “What is that beautiful house?”You may ask yourself, “Where does that highway go to?”And you may ask yourself, “Am I right, am I wrong?”And you may say to yourself, “My God, what have I done?”— Talking Heads, “Once in a Lifetime” In the face of the Fed’s intransigent hawkishness we are…
