Author DM Celley

World Events

CAN CITY CENTERS RECAPTURE ECONOMIC ACTIVITY?

As the Covid-19 pandemic slowly retreats, will the economies the major cities of developed nations in particular return to their pre-pandemic ways?  Will the wave of telecommuting continue and even increase in scope?  The answers will take substantial time to be realized, but there are signs of change that could become permanent. Exodus From Urban […]

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THE UNSUNG HERO OF THE AMERICAN REVOLUTION

When the words โ€œAmerican Revolutionโ€ come to mind, so do the names of the major heroes of the timeโ€”George Washington, Thomas Jefferson, John Adams, Thomas Paine, and so on. But there are many other participants who played very significant roles in the revolution who history has nearly forgotten.  One such revolutionary was Robert Morris Jr.,

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THE FUTURE OF THE DOWNTOWN OFFICE BUILDING

There was a time when millions of office workers throughout the U.S. would commute each workday morning from home to an office building for work.  Along came the Covid pandemic which changed everything.  To maintain social distancing offices were closed, and office workers worked remotely from workstations at home.  As the pandemic winds down, will

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CAN FOREIGNERS WIN IN CHINESE STOCK MARKETS?

Should investing in the second largest economy in the world seem like a daunting experience to the private investor?  A big, growing economy has plenty of good investment opportunities, but there are some pitfalls to watch out for.  In March, 2021, equities in mainland China endured a selloff of 15% in two weeks.  The state

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ARE ECONOMIC SANCTIONS USEFUL?

Sanctions have become the central tool of foreign policy for many governments.  The goal of sanctions is to promote changes in a foreign governmentโ€™s economic behavior when diplomacy has not worked, and military action is unwarranted.  Sanctions can range from trade embargoes to specific actions against individuals, companies, countries, or entire economic sectors.  In the

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THE PANDEMICโ€™S CASH SURPLUS EFFECT

In spite of the pandemic and recession, US consumers will have an impressive stockpile of cash ready to use.  Whatโ€™s surprising is that household savings generally do not increase during a recession.  Net household incomes often fall as pay and/or benefits decline and breadwinners are subject to losing their jobs.  Savings are then consumed and

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GLOBAL WARMING AND THE GREAT LAKES

The Great Lakes that border between the U.S. and Canada, are one of the largest freshwater reserves on the earth constituting about twenty percent of the entire worldโ€™s supply.  This irreplaceable ecosystem holds as much as six quadrillion gallons of freshwater for the northern portion of the Western Hemisphere.  They were created by advancing and

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