Globalization Makes US Economy Recession-Proof?
Thursday, June 10th, 2010 Posted in Uncategorized | No Comments »The chart above (click to enlarge) shows annual world real GDP growth from 1980 to 2008 (IMF estimates growth of 4.8% for 2008), using data from the IMF, along with shaded areas of years during which the U.S. economy was ...
India Is Outsourcing Outsourcing: UAW Listen Up
Sunday, June 6th, 2010 Posted in Uncategorized | No Comments »India is now outsourcing outsourcing, the New York Times reports today in World Busines: To fight on the shifting terrain, and to beat back emerging rivals, Indian companies are hiring workers and opening offices in developing countries themselves, before their clients ...
“Dollar Punishes Exporters”
Saturday, May 22nd, 2010 Posted in Uncategorized | No Comments »No, not the U.S. dollar, which is stimulating our exports to record levels. This story is about the Canadian dollar, which has appreciated by about 50% since 2001 vs. the U.S. dollar, and has started to choke off Canadian exports. ...
Wal-Mart Puzzle: Why Is It Thriving?
Tuesday, May 18th, 2010 Posted in Uncategorized | No Comments »According to Daniel Gross at Slate.com, Wal-Mart's stock is at a 2-year high (see chart above) because:1. Wal-Mart sells necessities, not discretionary items. The overwhelming majority of its sales are not impulse buys. Even in a recession, most people don't ...
The Falling Dollar and Shrinking U.S. Trade Deficit
Monday, May 17th, 2010 Posted in Uncategorized | No Comments »WASHINGTON (AP) -- The U.S. trade deficit fell to the lowest level in seven months (see chart above), helped by record-high sales of American products and the declining value of the dollar. The deficit with China declined as imports ...
The Struggle We All Face
Thursday, April 22nd, 2010 Posted in Uncategorized | No Comments »By Evans Thomas For some reason in life, I just can't find that all too elusive means to an end. I keep searching, but just cannot obtain it. Things just don't ever seem to go as planned. Quite ...
The Struggle We All Face
Monday, April 12th, 2010 Posted in Uncategorized | No Comments »By Evans Thomas For some reason in life, I just can't find that all too elusive means to an end. I keep searching, but just cannot obtain it. Things just don't ever seem to go as planned. Quite ...
