Category: Business Columnists

Could China Go the Way of 1980s Japan?—Part 2

Read Part 1 here Commentary Over the majority of the 20th century, China was not one of the more notable players on the world stage. In the years leading up to World War II, the country did begin to deal with an early, insurgent communist movement against the ruling Kuomintang (KMT). Yet this development did…


Quantitative Tightening Won’t Stop Price Inflation

Commentary  Markets reacted badly last week to Federal Reserve chairman Jerome Powell’s statements outlining the Fed’s initial forecast for the coming year. With inflation clearly no longer being “transitory,” with the Consumer Price Index accelerating to 7 percent in December, Powell has turned increasingly hawkish. Apart from seeming to confirm a series of rate hikes for 2022,…


Sanctions on Russia Likely to Backfire Against US and to the Benefit of China

Commentary “Tactics is knowing what to do when there is something to do. Strategy is knowing what to do when there is nothing to do.” ― Savielly Tartakower, International Chess Grandmaster of the 1950 Inaugural Class “The enemy gets a vote.” — General James Mattis, U.S. Marines (Ret.) Chess is a metaphor—and even training—for war….


ESG Investing—The Great Wall Street Money Heist

Commentary  Wall Street is once again in the midst of a “money heist” from naive investors. This time in the form of “woke activism” called ESG. ESG refers to the Environmental, Social, and Governance risk theoretically embedded in a business. However, while ESG investing is about taking these risks into account in investment decisions, these are all the things NOT…


Why the Price of Collectibles Is Skyrocketing

Commentary  I’ve been writing about inflation lately, and based on the comments, it’s obvious that higher prices are creating hardship and anxiety in many American homes. Today, let’s take a look at the lighter side of the topic and examine the factors causing huge increases in the prices of collectibles and luxury goods like exotic…


Can ‘Modern Supply-Side Economics’ Build Back Better?

Commentary Traditional supply-side policies stimulated U.S. growth to such an extent that by 1906 U.S. workers became the richest workers in the world, a trend that continues to this day. Last week, Treasury Secretary Janet Yellen proposed relabeling President Biden’s Build Back Better policies as “modern supply-side economics.” Yellen says, “Modern supply side economics seeks…


The Left’s Washington Influence Peddling Helps North Korea, Iran, Xi, and Putin

Commentary It’s one thing to get rich lobbying Washington on behalf of powerful interests. It’s another altogether when America’s enemies benefit. Documents released last week revealed that Democrat mega-lobbyist Tony Podesta, brother of longtime bag man for the Clintons John Podesta, pulled in $1 million lobbying the Biden White House on behalf of Huawei, the…


The Big and Fatally Flawed Business of Climate Change

Commentary The world has been ending for decades. In 1989, a senior official from the U.N. Environment Program warned that “entire nations could be wiped off the face of the Earth by rising sea levels if the global warming trend is not reversed by the year 2000.” For good measure a study from the program…


Biden’s Folly: Where Political Ego and Policy Collide

Commentary The world is at war. Fortunately not the kind with bombs and bullets that level cities and kill millions. But one almost as bad. And no one in charge seems to care. It’s a war against an enemy that can’t be won. One in which the combatants have staked everything on victory. Like all…


Two Rules for Investing in Today’s Green Lunacy

Commentary I’m not in favor of destroying the planet. I’ve lived on it all my life. And I’ve really become quite fond of it. I’m not alone in that sentiment. The global kabal have long been pushing a (somewhat manipulated) narrative that climate change is real, dangerous, and most of all man-made. Basically, it’s the…