China Worries
Shakespeare warns us, “Neither a borrower nor a lender be”, which seems like good advice. Sadly, like a lot of other good advice, it suffers from difficulties during implementation. It seems we’ve borrowed – quite a bit. Even those who haven’t personally borrowed or lent are still under the collective borrowing of our country. Worse [...]
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- Tags: China, currency, foreign currency
Geithner’s Folly
If he can make it through the Senate, Timothy Geithner will be our nation’s next Treasury Secretary. If you’ve forgotten exactly what a Treasury Secretary does, it’s recently become a ridiculously powerful position. Essentially, he will become the “Economy Czar.” Unfortunately, during his Senate confirmation hearing, Geithner made a monumental error in judgment. He accused [...]
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- Tags: China, Geithner
