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Former Vice President Citigroup New York (retired) Columbia University -- Business School Princeton University -- Woodrow Wilson School
OpEd News Member for 687 week(s) and 4 day(s)
76 Articles, 0 Quick Links, 25 Comments, 0 Diaries, 0 Polls
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Monday, February 5, 2024
World War III or subjugation? Is this the dilemma the world is faced with today?
Monday, February 5, 2024World War III or subjugation? Is this the dilemma the world is faced with today?
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Friday, October 27, 2023
The bell tolls for thee Unknowingly, Joe Biden rung the bell when he withdrew from Afghanistan.
Friday, October 27, 2023The bell tolls for thee Unknowingly, Joe Biden rung the bell when he withdrew from Afghanistan.
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Monday, May 2, 2022
The shortest, unexplained recession From February 11th, 2020, the stock market in the United States registered a 34% fall in the following three weeks. The GDP tumbled by a startling 34%, and within two months - from March 14 to May 9, 2020 - 31 million people were unemployed, nearly 15% of the labor force. What caused such an unexpected mayhem?
Monday, May 2, 2022The shortest, unexplained recession From February 11th, 2020, the stock market in the United States registered a 34% fall in the following three weeks. The GDP tumbled by a startling 34%, and within two months - from March 14 to May 9, 2020 - 31 million people were unemployed, nearly 15% of the labor force. What caused such an unexpected mayhem?
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Friday, October 22, 2021
America's Bluff Policy The United States caught between a rock and a hard place - the rock being World War III, the hard place the slow death of the Empire - is resorting to bluff hoping to win the pot.
Friday, October 22, 2021America's Bluff Policy The United States caught between a rock and a hard place - the rock being World War III, the hard place the slow death of the Empire - is resorting to bluff hoping to win the pot.
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Wednesday, September 22, 2021
Australian submarines: an immature and potentially devastating move France's submarine deal with Australia was part of a tripartite deal with India - a deal unacceptable to Washington DC.
Wednesday, September 22, 2021Australian submarines: an immature and potentially devastating move France's submarine deal with Australia was part of a tripartite deal with India - a deal unacceptable to Washington DC.
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Wednesday, September 15, 2021
Descent in hell In isolation, the humiliating retreat from Afghanistan may be viewed as an unfortunate incident major powers such as the United States encounter in their history. .
Wednesday, September 15, 2021Descent in hell In isolation, the humiliating retreat from Afghanistan may be viewed as an unfortunate incident major powers such as the United States encounter in their history. .
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Sunday, August 1, 2021
Trees don't rise to the sky, nor stock markets In 2000, Yale economic professor and Nobel Laureate Robert J. Shiller published a book entitled "Irrational Exuberance" in which he explained that, contrary to a widely-held belief, markets are not necessarily rational.
Sunday, August 1, 2021Trees don't rise to the sky, nor stock markets In 2000, Yale economic professor and Nobel Laureate Robert J. Shiller published a book entitled "Irrational Exuberance" in which he explained that, contrary to a widely-held belief, markets are not necessarily rational.
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Monday, October 5, 2020
What's at stake in the presidential election? Two visions of the world. Traditionally, American presidential elections come to a balancing act between the Republican and Democratic parties without much disruption, except in 2016 when a real estate magnate unexpectedly won the election and resolved to "make America great again".
Monday, October 5, 2020What's at stake in the presidential election? Two visions of the world. Traditionally, American presidential elections come to a balancing act between the Republican and Democratic parties without much disruption, except in 2016 when a real estate magnate unexpectedly won the election and resolved to "make America great again".
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Monday, June 8, 2020
Rescuing Wall Street while fouling Main Street Let's hand it to the Trump crowd: the operation was beautifully choregraphed and flawlessly executed. In ten days, Republican Senators managed to have Congress approve the "largest economic relief bill in U.S. history": $2.2 trillion
Monday, June 8, 2020Rescuing Wall Street while fouling Main Street Let's hand it to the Trump crowd: the operation was beautifully choregraphed and flawlessly executed. In ten days, Republican Senators managed to have Congress approve the "largest economic relief bill in U.S. history": $2.2 trillion
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Wednesday, March 18, 2020
Origin of Covid-19 Many articles have been written on COVID-19, and no doubt there will be many more. From the standpoint of the origin of the virus, the two most interesting ones might be the two interviews Professor Francis A. Boyle gave recently.
Wednesday, March 18, 2020Origin of Covid-19 Many articles have been written on COVID-19, and no doubt there will be many more. From the standpoint of the origin of the virus, the two most interesting ones might be the two interviews Professor Francis A. Boyle gave recently.
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Tuesday, December 31, 2019
Death of an empire U.S. mainstream media focuses on domestic issues while ignoring international events. They write about Pelosi's decision to withhold the articles of impeachment, the democratic candidates to the 2020 presidential election, and Wall Street's bonuses but say little, if anything, about worrisome foreign events.
Tuesday, December 31, 2019Death of an empire U.S. mainstream media focuses on domestic issues while ignoring international events. They write about Pelosi's decision to withhold the articles of impeachment, the democratic candidates to the 2020 presidential election, and Wall Street's bonuses but say little, if anything, about worrisome foreign events.
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Friday, October 18, 2019
The mid-September liquidity crisis On September 17, the repo rate more than doubled from the previous day, jumping from 2.42% to 5.25%. How could there be a liquidity crisis when banks have $1.305 billion of excess reserves?
Friday, October 18, 2019The mid-September liquidity crisis On September 17, the repo rate more than doubled from the previous day, jumping from 2.42% to 5.25%. How could there be a liquidity crisis when banks have $1.305 billion of excess reserves?
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Monday, September 2, 2019
Nuclear war self-evident truths There are self-evident truths in foreign relations: a) wars are a recurring occurrence, b) no weapon, no matter how lethal for the civil population, has ever been disregarded for use in a war situation
Monday, September 2, 2019Nuclear war self-evident truths There are self-evident truths in foreign relations: a) wars are a recurring occurrence, b) no weapon, no matter how lethal for the civil population, has ever been disregarded for use in a war situation
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Saturday, August 10, 2019
If nations do not abide by their commitments" " if they brush aside treaties and international laws, tension rises and wars ensue"
Saturday, August 10, 2019If nations do not abide by their commitments" " if they brush aside treaties and international laws, tension rises and wars ensue"
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Sunday, August 4, 2019
Nature of Democracy and the Ruling Class The Greeks tried democracy over two thousand years ago with some limited success. Enlightened by the Enlightenment Age, we emulate our forebearers, convinced that we got it right this time.
Sunday, August 4, 2019Nature of Democracy and the Ruling Class The Greeks tried democracy over two thousand years ago with some limited success. Enlightened by the Enlightenment Age, we emulate our forebearers, convinced that we got it right this time.
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Monday, July 1, 2019
Christine Lagarde sounds like a broken record. Christine Lagarde concludes her June 27 speech at the Osaka G-20 meeting with these words: "...while the global economy is currently at a precarious stage, with the right policies and working together, we can overcome the challenges that we face and set the world on a path of stronger, more sustainable, balanced, and inclusive growth."
Monday, July 1, 2019Christine Lagarde sounds like a broken record. Christine Lagarde concludes her June 27 speech at the Osaka G-20 meeting with these words: "...while the global economy is currently at a precarious stage, with the right policies and working together, we can overcome the challenges that we face and set the world on a path of stronger, more sustainable, balanced, and inclusive growth."
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Monday, May 6, 2019
What kind of country is this? What country grants itself the right to starve the populations of Iran and Venezuela in the name of the right of people to self-determination?
Monday, May 6, 2019What kind of country is this? What country grants itself the right to starve the populations of Iran and Venezuela in the name of the right of people to self-determination?
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Monday, April 29, 2019
Playing poker in the Middle East It is said that former real estate mogul, Donald Trump, would always negotiate with a strong hand to force the opposite party to accept his terms. In a poker game, you may win with a weak hand if you manage to convince the other players that you have a strong hand.
Monday, April 29, 2019Playing poker in the Middle East It is said that former real estate mogul, Donald Trump, would always negotiate with a strong hand to force the opposite party to accept his terms. In a poker game, you may win with a weak hand if you manage to convince the other players that you have a strong hand.
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Saturday, March 16, 2019
Plus ca change plus c'est la meme chose Senators are congratulating themselves over a resolution mandating President Trump to stop US support to Saudi Arabia's war in Yemen. Senator Rand Paul sees it as a "great opportunity" for Congress to take back its war powers.
Saturday, March 16, 2019Plus ca change plus c'est la meme chose Senators are congratulating themselves over a resolution mandating President Trump to stop US support to Saudi Arabia's war in Yemen. Senator Rand Paul sees it as a "great opportunity" for Congress to take back its war powers.
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Friday, March 8, 2019
The United States is bankrupt The United States' net international investment position has been growing from minus $34 billion in 1979 to minus 7,725 billion (40% of GDP) in 2017. Does it matter? Does it threaten the dollar supremacy?
Friday, March 8, 2019The United States is bankrupt The United States' net international investment position has been growing from minus $34 billion in 1979 to minus 7,725 billion (40% of GDP) in 2017. Does it matter? Does it threaten the dollar supremacy?
