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.
What Happened to The “New Media?”
December 4, 2018
As this fine piece in the Washington Post makes abundantly clear, the New Media mavens who once appeared to be the future of journalism are running out of gas. Vice, Quartz, Buzzfeed, Mic and other Internet-based news organizations are not meeting their financial targets and there is a hint of consolidation in the air. By […]
Trump, China, and the 90-Day Mystery
December 3, 2018
After all the build-up to the big meeting, the Americans said they would suspend further imposition of new tariffs for 90 days to give the Chinese time to come up with solutions to the deepening conflict? Ninety days might provide a few more sales of U.S. products to China and there could be some policy […]
Beware Of a “Quick Fix” Agreement between U.S. and China
November 14, 2018
There appears to be a civil war in the Trump Administration over how to approach a meeting with Chinese President Xi Jinping later this month. The “Wall Street wing” centered on Treasury Secretary Mnuchin is looking for China to announce it will buy a lot more American products, perhaps make some mild opening moves in […]
China and the United States–a “New Cold War?”–An Overseas Press Club panel discussion
November 2, 2018
Confirmation that declines in Chinese purchases could be increasing U.S. interest rates, roiling stock market
October 24, 2018
President Trump is beating up on the Federal Reserve for raising interest rates, but the Fed does not have complete control. Big investors such as China (which holds $1 trillion in U.S. debt) can have major impact by simply buying fewer bonds and notes, as I suggested Oct. 5, seen here. Now comes confirmation from […]
Is Trump Losing South Korea?
October 17, 2018
Priesident Trump was quoted recently as saying that South Koreans could “do nothing” vis a vis North Korea without his permission. Oops. According to this report in the New York Times today, South Korean President Moon, a child of refugees from North Korea and a liberal in favor of re-unification, is talking about demilitarizing the […]
