Blog
I believe the most important thing Americans must do is to secure their economic well-being in an increasingly challenging, complex world. What I have written about all these years is the process of creating wealth, not for any one individual, but for the United States as a whole. Ever since I was a young correspondent witnessing the emergence of China after the country opened in 1979, I’ve believed we have to get more serious about creating wealth. I retain faith in the resiliency of the U.S. economy and the enterprise of American people. If Americans have the right strategies, we can once again create widespread wealth. Come with me on this journey.
Mexico Could Be The Big Winner Post-Coronavirus
April 9, 2020
Everyone is recognizing how dependent the United States is on other countries, particularly China, for vital supplies such as medicine and medical gear. The scramble to figure out which companies can “re-shore” or bring some of that production back to North America is just beginning. Vietnam has too many constraints in terms of labor. So […]
Thinking About Economic Recovery
April 7, 2020
Ever since producing the 1992 cover story for Business Week called Hot Spots, I’ve urged cities, states and regions to think about how their economies work and how they can be improved. The key buzz word is “ecosystem.” How good is their ecosystem for export promotion, for technological innovation, for training and retraining, etc.? I […]
Trump Is Trying to Destroy The Media’s Credibility
March 29, 2020
With tweets and with a “survey” I just received online from the Trump campaign, it’s clear that Trump is escalating his war on the traditional media. He has to do it because the media is reporting that he bungled the handling of the coronavirus. Media organizations have been risking the lives of their reporters and […]
What Will the Coronavirus Mean For Globalization?
March 28, 2020
At a time when it is very difficult to say anything new or original, Gerry Baker at the Wall Street Journal, a consumate old pro, has written a most provocative piece, which I have pasted in below because of the Journal’s reg wall. For 40 or 50 years, depending on who’s counting, he and I […]
Very interesting–shifting supply chains from China to Mexico
March 16, 2020
March 16, 2020 Now made in Mexico: Japan suppliers shift China output Reuters TOKYO — In the Chinese coastal province of Jiangsu, where supply chains have been shattered by the coronavirus outbreak, one auto supplier has already shifted production of parts for Mazda Motor Corp. 13,000 kilometers away to central Mexico’s Guanajuato State. The bid […]
Desperate To Control The Narrative, China Drops The R-Bomb–Racism
March 6, 2020
As seen in this Chinese government television clip, Beijing is arguing that the West is displaying racism towards China by pointing out that the coronavirus started there and that the initial response from the central government represented a failure to act on a timely basis. The broadcaster specifically attacks the concept of freedom of speech […]
