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Linked Articles
For Detroit, New Stage in Its Race to Recover
New York Times 02/23/2014
Detroit files plan to fix debt, leave bankruptcy - The Washington PostWashington Post 02/22/2014
High student debt of over $1 trillion, banks restricting home loans to higher credit scores, continuing effort to reduce credit card debt, limit spending as U.S. consumer spending recovers very gradually.
Linked Articles
Americans’ Debt-Cutting Levels Off
Wall Street Journal 12/12/2014
An Ambiguous Omen, U.S. Household Debt Begins to Rise AgainNew York Times 02/18/2014
The Ford Foundation was founded in Detroit in 1936, the Knight Foundation also has roots in the city. Both foundations donated the money needed to revive Detroit in 2014. The state of Michigan under Governor Snyder also acted with exceptional courage and wisdom to save the floundering city after a decade of collapsing infrastructure and services. The state acted responsibly by obtaining a supervisory role over the city's troubled finances. With all the surrounding atmosphere and talk of Republican deadlock with Democrats in the White House and Congress, Snyder, Walker, Judge Rosen, and others showed rare wisdom and courage to come together for innovative solutions.
Linked Articles
Finding $816 Million, and Fast, to Save Detroit
New York Times 11/07/2014
Mediator in Detroit Bankruptcy Walks Fine Line Between City, CreditorsWall Street Journal 02/15/2014
Linked Articles
The Case for a Higher Minimum Wage
New York Times 02/08/2014
Over 600 Economists Sign Letter In Support of $10.10 Minimum Wage: Economist Statement on the Federal Minimum Wage | Economic Policy InstituteUnknown 02/09/2014
Linked Articles
Pete Seeger, legendary folk singer, dies at 94 - The Washington Post
Washington Post 01/28/2014
Pete Seeger, Songwriter and Champion of Folk Music, Dies at 94New York Times 01/28/2014
The children of migrant workers were mostly brought up away from parents in rural areas by grandparents. The children born under a single child policy in urban areas had the opposite happen, with too much attention from doting parents. Both groups were raised in a manner not seen anywhere else in the world and face growing pains and lives with different burdens and needs than the rest of us. China's social and economic experiment may have come too fast, as policy planners may only now begin to realize. A lot may need to be done to address their needs and burdens, not so easily seen as the burdens of pollution and contamination whicha are easily observed.
Linked Articles
End of China’s One-Child Policy Stings Its ‘Loneliest Generation’
New York Times 11/13/2015
Left-Behind Children of China's Migrant Workers Bear Grown-Up BurdensWall Street Journal 01/17/2014
Linked Articles
Italy's Renzi Pledges to Pay All Arrears
Wall Street Journal 02/25/2014
Rise of Young Leaders Signals a Mandate for Political Change in ItalyNew York Times 12/10/2013
Linked Articles
Norway Will Divest From Coal in Push Against Climate Change
New York Times 06/05/2015
The Poor Need Cheap Fossil FuelsNew York Times 12/03/2013
Senators Wyden, Udall and Heinrich say the NSA's bulk collection of phone data of Americans violates the Fourth Amendment of the U.S. Constitution.
Linked Articles
Federal Judge Rules Against N.S.A. Phone Data Program
New York Times 12/16/2013
End the N.S.A. Dragnet, NowNew York Times 11/25/2013
Without a residual U.S. presence in the Middle East acting as a restraining influence on Shiite militias, Sunni groups, other foreign powers, leading to an exacerbation of sectarian conflict by the Malliki government, created the conditions for the rise of terrorism. Only in 2015-2016 were the effects of this seen with the breakup of Syria and Iraq, and the millions of refugees making their way to Turkey, Jordan, and Europe, followed by the increase in terrorism in Europe and the U.S.
Linked Articles
Notable & Quotable: Fouad Ajami on the Sunni-Shiite Fight
Wall Street Journal 01/05/2016
Fouad Ajami: A Lawyer Lost in a Region of ThugsWall Street Journal 10/24/2013
Declan Walsh sees this in the context of the Muslim world. Janvoo sees this in the context of the world beyond, of Aisa and Latin America which have moved beyond the divisive politics of the past and away from military regimes- S. Korea, Thailand, Argentina, Brazil, Chile, and one party PRI Mexico. The return of Gen. Park's daughter as president of S. Korea was a different one when she apologized for the behaviour of her father, even saying she coud not spit on the image of her father. Nieto's PRI is apologetic about its past and says its different, working with the opposition PRD and PAN parties on constitutional changes for reforming the econoy. Egypt and the Arab world is no exception. The Saudis and Emirates are able to deliver in economic terms as long as oil supplies and prices are high. Egypt has to find its own path and learn from the past to build the future.
Linked Articles
Other Nations Offer a Lesson to Egyptâs Military Leaders
New York Times 08/24/2013
Democracy in Egypt Can WaitNew York Times 08/16/2013
Linked Articles
Economist 11/06/2014
Mandela and ObamaNew York Times 06/29/2013
Linked Articles
Fund Controversy Threatens Malaysia’s Leader
Wall Street Journal 06/19/2015
Asia Goes on a Debt Binge as Much of World Sobers UpWall Street Journal 05/24/2013
Linked Articles
Everyone Is for Equal Opportunity, Except . . .
Wall Street Journal 08/05/2015
Capitalism for the MassesNew York Times 02/20/2014
Linked Articles
Mediator in Detroit Bankruptcy Walks Fine Line Between City, Creditors
Wall Street Journal 02/15/2014
Detroit files plan to fix debt, leave bankruptcy - The Washington PostWashington Post 02/22/2014
Linked Articles
Latin Countries Forge Trade Accord With Eyes on Asia
Wall Street Journal 02/11/2014
No Big DealNew York Times 02/27/2014
Linked Articles
Emerging-Market Slide Tests How Much Nations Learned From Past
Wall Street Journal 01/30/2014
Emerging markets: Don’t panicEconomist 02/04/2014
Declining growth characterizes all emerging markets. High reserves in Russia and Brazil separate the two countries from Argentina and Turkey where foreign exchange reserves are insufficient to prevent sharp declines in the currrency. Russia also has a low budget deficit. The foreign investment climate in Russia and India has deteriorated reducing capital inflows for modernizing the economy in India and diversifying the economy in Russia.
Linked Articles
Red Alert on Russia Is Premature
Wall Street Journal 02/03/2014
Russia Is Facing Stagflation, Central Banker SaysWall Street Journal 01/17/2014
In a recent CBS/NYT poll 57% of the uninsured say it will increase their healthcare costs, only 20% of the uninsured say it will decrease their costs. A third of the uninsured say they will pay the penalty and not sign up for coverage under the law.
Linked Articles
Uninsured Skeptical of Health Care Law in Poll
New York Times 12/18/2013
Growth in U.S. Health Care Spending SlowsNew York Times 12/18/2013
Shrinking margins for Samsung with intense competition from Huawei and Lenovo in lower priced smartphones and large price reductions by Motorola Mobility on its Moto G smartphone. In the television segment Vizio and lower priced Chinese competitors are reducing margins.
Linked Articles
Investors Stay Sour on Samsung, Slicing $8 Billion From Market Capitalization
Wall Street Journal 01/02/2014
Google Squeezes Margins on Moto G PhoneWall Street Journal 12/07/2013
Linked Articles
Shaken NSA Grapples With an Overhaul
Wall Street Journal 11/25/2013
End the N.S.A. Dragnet, NowNew York Times 11/25/2013
55% of Hispanics in a Pew Research Center poll preferred relief from deportation, only 35% preferred a path to citizenship, when the 2 options were offered to respondents. This shows how badly the Hispanic community has been affected by the deportation efforts under the Obama administration.
Linked Articles
Do new data on Hispanic attitudes present an opportunity for Republicans?
Washington Post 12/19/2013
The Giant U.S. Deportation Machine Runs AmokWall Street Journal 10/28/2013
Linked Articles
Toyota Revs Up Ambitious Plans for China
Wall Street Journal 04/21/2014
Territorial Dispute Continues to Affect Japanese Car Sales in ChinaWall Street Journal 09/11/2013
Growth slows to 1-2% in Russia in 2013, with the risks of the emerging markets crisis and the Ukraine political crisis hurting foreign investor confidence in Russia.
Linked Articles
Russia's Power Play Hits Economic Weak Spot
Wall Street Journal 03/04/2014
Russia's Growth Pace Continues to WeakenWall Street Journal 08/11/2013
Orlik and the editors of the WSJ point to the broken link between GDP growth and credit expansion. The IMF warns of increasing credit expansion. Stalling productivity growth and waste means every dollar of investment is bringing in less GDP growth. Stiglitz and Sen point out the need for improving other indicators such as healthcare, education and the environment as an overall guage of progress not just GDP growth. The new Chinese leadership is aware of the need for rebalance the economy towards consumer spending. Moves to reduce healthcare costs form the first efforts in this direction. Search terms "Orlik," "rebalancing."
Linked Articles
Wall Street Journal 07/01/2013
China's Silver Linings PlaybookWall Street Journal 06/24/2013
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