Our past two posts addressed causes of the Great Recession and how it was addressed. Today, we look at lessons learned from the crisis. It’s easy to forget what happened…
Little Enterprise, But Plenty of Free
America’s free enterprise system was built on enterprise. Now, all that’s left is “free.” Not free, as in the freedom to work hard and prosper, but “free,” as in free…
Our Christmas List
Christmas is coming and we’re just happy that, in today’s post-politically correct world, we feel safe using that word again. “Happy Holidays” was such a blah, generic pronouncement, it was…
An IOU World
Investment performance made most investors a bit grumpy by the end of 2015, given that virtually every asset closed the year down a bit. During 2016, grumpiness is giving way…
We’re All Debtors Now
You’ve probably heard that corporate America is swimming in cash. Something like $4 trillion worth of it. And once corporate America starts spending it, the economy will boom again, jobs…
Breaking China
If the United States relies on China as its main lender, what happens when China is having difficulties with its debt? We may soon find out. As the Financial Times…