The fastest growing and most successful Companies in the World are the proof against an increased attention by anyone to the importance of Copyright and Trademark. For sometime I have been lobbying hard against Australia’s involvement in ACTA. Lobbying Koltai? Is that what you call it? Well yes. I don’t have access in [...]
I have been concerned for the last year that the world is really heading into a major recession. Too much money being printed, too many people with their fingers in the pie…. But friends have also convinced me that the US, as the engine of the global economy, will continue to positively grow – at [...]
Human endeavor seems to gain momentum every day. Projects take on a life of their own. As people's focus on a specific area of activity sharpens, they spend more time and effort researching and delving into that topic, and their knowledge and insight increases. And then the effort taken seems to create an even bigger [...]
Is there a rising tide of political criticism taking place? You might think so from books and articles that are being published. I went out and bought Silencing Dissent yesterday. This book is a real tour de force. If you are interested in what has been happening over the last ten years to manipulate your [...]
While the popular press focuses on whether the Democrats in the US are going to stop Bush from escalating the war in Iraq, or worse, initiating a war in Iran, are we missing an important piece of the puzzle: China and trade? Stephen Roach, this week, writes in detail about the parallels between now and [...]
For months the blogospere has been alight with talk of the US real estate bubble bursting, a downturn in consumer spending (because there is no more equity left in people's houses), and the increase in the price of oil…. to name just a few reasons. Nothing major has happened so far, but that is when [...]
As Stephen Roach points out so aptly, we are now treating commodities as an assett class. You can either believe in the concept of there being some ultimate balancing mechanism, or you can believe that things will keep on going up, up and away… As he says: I am not looking for a crash in [...]
In spite of all the assurances by the politicians that everything in the garden is rosy, I continue to believe that it is better to face the possibility – or the reality – that it is not, so that we actually start doing something to fix the problem. Otherwise we all sit there like a [...]
Stephen Roach has some more things to say…. and I figure that this is a smart man, or else he would not be Morgan Stanley's Chief Economist… and whatever he puts into print he knows may come back to haunt him… So my belief is that Roach is always very conservative in what he puts [...]
Stephen Roach in his latest essay paints a sobering picture of what is just around the corner for the US economy and, by extension, the global economy. And this time it's personal. The housing bubble is deflating fast in the US. In Australia we have been watching flat prices for several years now – and [...]