Similar Posts
An Unanswered Question: Has Plan A Failed?
In 1994, the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) was completed with 123 countries participating. As a result, globalization accelerated in a very significant way, particularly after the creation of […]
Financial Markets & Corporations
Let’s turn to financial markets. If you look at Chinese strategic plans—China is remarkable in the extent to which it makes strategic plans public—we see China successfully implementing its goals to build global financial liquidity […]
Fixed Income
“…the FOMC believes that–for now–the best way forward is to keep gradually raising the federal funds rate. We are aware that, on the one hand, raising interest rates too slowly may lead to high inflation […]
What Does This Mean to You and Me?
If the Brookings Institution study is correct, within 12 years we should see the Asian middle class triple from the size that it was in 2015. That means that the Asian middle class will outpunch […]