China is recovering from the multi-year lockdowns employed on the population to try to combat covid-19. Western executives that have recently traveled to China to reinstate business ties have said that China’s economy is picking up where it left off, and that an economic boom is just around the corner. But is it really? Chinese […]
IS NOW THE RIGHT TIME TO INVEST IN CHINA? Read More »
Every year on July 4th, this country celebrates its independence from Great Britain. It took a long war to achieve this end, but the events that led up to the Declaration of Independence provide an interesting story in their own right. The Seven Years War, Ending February 10, 1763: From 1756 to 1763 the British
THE TIMELINE OF EVENTS TO AMERICA’S INDEPENDENCE DAY Read More »
Much has been written and re-enacted about the wreck of R.M.S. Titanic on April 14, 1912, off the coast of Newfoundland. Several movies have been made attempting to capture the drama of the ill-fated ship. But relatively little has been made known about the relief effort that swung into action after the ship was stricken.
THE TITANIC PART III: THE RESCUE EFFORT Read More »
Crypto Currency is becoming a major investment tool for investors worldwide. Although it’s been touted as being legal tender for transactions, for the most part it is simply an investment game that involves cash and an electro-magnetic computer impulse know as a token. Some private investors have done well with trading crypto, but all investors
THE TROUBLE WITH CRYPTO CURRENCY Read More »
When the first week of June as it relates to World War II is mentioned, most of the time the reference is to the D-Day Invasion of Normandy on June 6, 1944. This event was arguably the most significant event in the European Theater of the war. But an equally important event took place June
HOW THE BATTLE OF MIDWAY WAS WON Read More »
The Golden Gate Bridge that connects San Francisco, California, with Marin County to the north was built from 1933 to 1937. Once upon a time it was the longest suspension bridge in the world at 1.7 miles. It remains a major transportation segment for the San Francisco Bay Area drawing millions of commuters and tourists
THE DAY THE GOLDEN GATE BRIDGE FLATTENED Read More »
The United States Government is in debt—so deep in debt that it comes to approximately 117% of GDP. For the last fifty years, the annual deficit has averaged about 3.5% of GDP each year. However, the Congressional Budget Office has projected that this metric will rise to about 6.1% a year for the next decade.
WHO FEELS THE BURDEN OF THE NATIONAL DEBT? Read More »
In March, 2022, a few weeks after Russia invaded neighboring Ukraine, Western countries began sanctioning the Russian economy. The sanctions were designed to hurt the Russian war machine and provide “severe and lasting economic costs” to the Russian population. A year after the initial impact of the sanctions, the Russian economy has not been crippled,
IS RUSSIA’S WARTIME EFFORT SUSTAINABLE? Read More »
During the 10th Century, a group of Vikings landed on Greenland and in time developed settlements there. About 400 years later they vanished from the island. No one outside of Greenland even knew that they were gone until 1721 when some missionaries arrived at the sites and found only the ruins of their settlements. Their
WHY DID THE VIKINGS DISAPPEAR FROM GREENLAND? Read More »
If the politicians are asked this question, the democrats will complain that corporate power and inequality of wealth have geared the economy to benefit and protect the rich. Ask the republicans and they will contend that the entrepreneurial spirit has been stifled and the public debt is completely out of control. What then is the
IS THE U.S. ECONOMY STRONG OR WEAK? Read More »