latest posts

The Great Recession of 2008-2010/11 is going to be a very tough time economically.  As I wrote in …

January 20, 2009

What a day!  President Barack Obama is the 44th President of the United States.  This will be a day that will go down in history as an inflection day.  Today is a day when the United States and the world changes course and move in a new direction.

Yes President Obama is the first African American to become President and that is a truly momentous event given the history of race in American.  There is no question that this is an event that not only moves America to the next stage of racial harmony but also signals that fact to the …

China Faces a Rough Road Ahead

China is nothing less than a historical phenomenon. In just 30 years the country has moved from being a closed, communist country with a rural economy to one of the most economically powerful countries of the world.  It is the first country in history to move from the Agricultural Age to the Industrial Age to the Information Age and now to the Shift Age in 30 years.  The U.S took 200 years to do this.  This must always be kept in mind when looking at China.

It would be impossible to move this rapidly without significant problems, disruptions and upheavals.  These …

A global shift in consciousness has occurred during October.  Trust and confidence have given way to fear and uncertainty. Plans and expectations have been completely altered or dashed altogether.  Governments, entire industries, equity markets and the majority of the adult populations in the developed countries of the world are staring into a financial abyss that has no correlation to anything any of them have experienced (unless they are 80 years or older).

Governments separately, and then in consort struggle to stay ahead of a financial catastrophe they can’t quite fathom.  Hundreds of millions of people feel as thought they have been …