Building Boom in China Stirs Fears of Debt Overload

Stories like this scare the hell out of me. Right now, the world is depending on China – and particularly the Chinese consumer – to drive demand and keep the economy from crawling to a halt. The only problem is that there is little or no transparency in the Chinese economy. The Chinese government –Continue reading “Building Boom in China Stirs Fears of Debt Overload”

Health Care Reform Passed. Now What?

The bill just signed into law, is, at best a first step in solving the U.S. health care crisis. Rather than solving the problem of rising health care costs, it seems to commit the U.S. government to having to solve the problem without actually laying out how costs will be cut. Larry Smith does aContinue reading “Health Care Reform Passed. Now What?”