Written by Frank Li
I have made numerous comparisons between the U.S. and China, from the political systems (America: It’s The Political System, Stupid!), to the political leaders (Correctly Assessing Chinese Leaders and American Presidents), and to history (Human History: the West vs. the East). This post will make a cultural comparison in movies, including TV shows and net streaming.
by Charles Hugh Smith, Of Two Minds
Tragically, the inability of our institutions to impart the skills required by the emerging economy hobble not just the unemployed but employers.
A reader recently offered a compelling reason why total compensation costs (wages plus benefits/payroll taxes) could rise even in a stagnant economy with millions available for work: many of those who have been out of work for a long time (or have yet to hold a formal job) are unqualified by experience and professionalism to perform the work that is available.
Barack Obama’s decision to authorise the bombing of the forces of the Islamic State, or ISIS as it is commonly known, in northern Iraq has justifiably caught many observers by surprise. After all, the president has devoted six years to extracting America from military involvement in the region. He has generally preferred to rely on the diplomatic and economic instruments there – whether he is trying to bring Hamas and Israel to the bargaining table or cajole Egypt towards democracy.
August 11th, 2014
in Op Ed
August 9th, 2014
in Op Ed
by Michael Haltman, LinkedIn
The 10-year treasury yield is currently sitting at 2.39%, the lowest rate of the year!
Of course looking at the geopolitical environment one could use the rationale that the reason for the decline in the 10-year yield is the flight-to-quality trade as investors look for a safe haven in which to park their money.