Category: US economy

January 7, 2009

China to Reduce $US Transactions

Please note:  the opinions expressed in this blog do not constitute financial advice.  Any investment action that you take in response to this article or other articles on this blog (or other blogs, for that matter) should be done with the support or review of a registered financial advisor. The government of China has announced that it will reduce the volume of $US transactions, mainly […]

January 4, 2009

Labour Costs and the Auto Bailouts

One of the central issues that materialize when people talk about the bailouts for the auto industry is the high cost of labour.  Apparently, the Big 3 pay the average worker $73 per hour, but we should all know this is only kind of true. (Of course, when brokerages, banks and insurance companies are bailed out, no one asks why certain traders and executives continue […]

January 4, 2009

Don’t fix the economy: Change it

This story from the Toronto Star was inspirational in that the real story – change – is making it to mainstream media. Here are some highlights: Neither the Conservative minority nor the opposition has proposed anything that will set Canada on a long-term path toward the kind of economy that will both provide for the well-being of Canadians and enhance and preserve the ecological community […]