You know you’re an entrepreneur if you have an ‘interesting’ career path.
1970’s Made in USA=Quality Big Things Made in China=Communists Made in Japan=Cheap Stuff Made in Mexico=Tequila Made in Hong Kong=Cheap Toys 1990’s Made in USA=Crappy Big Things Made in China=Communists Made in Japan=Cool Electronics Made in Mexico=Everything that used to be made in the USA; Not as Good but Cheaper Made in Hong Kong=Suits and […]
Only wars, royal marriages, coups and a few other major occurrences have caused large redistributions of wealth over history–think of the American revolution taking wealth from the United Kingdom or the Hapsburg royal family gaining wealth and land through marriage. But a redistribution of wealth on an unparalleled scale will start to occur in about […]
The sky is falling, the sky is falling…if you believe what some economists are saying about future inflation in the US rising exponentially due to the government’s large injection of money into the economy. But since most economists haven’t really got much right recently, why should we listen to them this time? The fact is, we […]
Now that Wall Street is drinking the kool aid of recovery and dreaming of glory times past, Main Street and Joe American would be wise to avoid the party. Yes, the worst of the recession is probably behind us, but that doesn’t mean we’re on the fast track back to where we were economically. The […]
It seems every week there is a new acronym for a group of nations cooperating economically–from the G7 or is that G8, and the G20 to ASEAN, APEC, CAFTA and CONCACAF, not to mention NAFTA and the EU. While most of these groupings are logical from a geographic, political, or economic synergy sense, another national […]
When you eat too much food, the body stores those extra calories in fat cells. If you keep overeating the body becomes obese and starts to break down with diabetes and other nasty ailments. If those symptoms don’t deter the overeating, the body will eventually fail…game over. Our economy and society is like a living body, it […]
No doubt you’ve heard that the finance system is broken (sic). Banks, hedge funds, investment banking…the list goes on and on of those in the finance ecosystem that have broken business models, economics, and portfolios from taking on excessive risk. But there is another very important finance player that is broken but for the complete […]