Category Archives: U.S. Economy

Secretary Daley Tells Angry American Manufacturers That Things Aren’t That Bad

American manufacturers tell him point-blank that this administration has done very little in aid of domestic manufacturing and Mr. Daley still manages to say: “You can’t sound Pollyannaish,” Daley told the business leaders. “I believe this economy of ours is … Continue reading

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Video: Bob Lutz, Ex-GM, on the Failure of Feely-Dooly Bureaucracy

Bob Lutz, formerly Vice-Chairman of GM: “We’re not tough enough in the way we run our businesses.” Business has become the expression of failed social experiment. He mentions China (once), but the value of this video is the commentary on … Continue reading

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Podcast with Harry Moser on “Reshoring”

Whither American manufacturing? Harry Moser, Industry Week Manufacturing Hall of Famer, discusses his reshoring initiative to bring manufacturing back to the United States. To contact Harry Moser, visit the Reshoring Initiative website.

Posted in American Faux Pas, China After the Meltdown, Imports and Exports, Manufacturing, Podcasts, U.S. Economy | Tagged , , , , | Comments Off

Chanos Would Short Sell US-Listed Chinese Companies

As some say, “China bubble, what bubble?” Jim Chanos, well-known for his pre-blowup Enron predictions, told Bloomberg: “The bubble is really on the other side of the world,” he said in New York. “What my team found, they actually came … Continue reading

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The Return of Manufacturing to the US — Has China Had It?

Small companies, generally speaking, should not source product in China. Aside from logistical difficulties, they don’t have the volume orders to command signficantly low price points nor even the quality control larger buyers can insist upon (and must fight to … Continue reading

Posted in China After the Meltdown, Entering the China Market, Management, U.S. Economy | 1 Comment

Chinese Investment in the US – Job Creation Chimera

This article claims 10,000 Americans hired by Chinese-invested US enterprises, a pittance for a population of over 307 million. Will Chinese investment create significant employment opportunities in the US? The test will be whether PRC Chinese cultivate an ability to … Continue reading

Posted in U.S. Economy | 1 Comment

Intel’s Grove on the Need for Aggresive Economic Self-Defense

Andy Grove’s op-ed at Bloomberg discusses, in an appealing conversational tone, the necessity for American on-shore manufacturing: You could say, as many do, that shipping jobs overseas is no big deal because the high-value work — and much of the … Continue reading

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Currency Manipulation — That Old Play, Rerun Again

In my (nearly) exalted position as Writer of Blog, I receive press releases from organizations and individuals. Everyone is selling something: a book, a political point of view, world peace and freedom. But I do not generally wish to help … Continue reading

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The Euro, the US Dollar and the RMB — An Update

Over the past 8+ years, this blog has welcomed readers from the White House, State Department, Department of Defense, Department of Homeland Security, Department of Commerce and numerous Virginia-based servers the origin of which one can only guess. Perhaps policymakers … Continue reading

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WTO Rules Against China — Limits Book and Media Imports

NY Times: A World Trade Organization panel ruled on Wednesday that China had violated its international free trade rules by limiting imports of books and movies, WTO Findings and Conclusions here. (Beware: although written in what appears to be English, … Continue reading

Posted in China After the Meltdown, Entering the China Market, Ideas in Chinese Life, Imports and Exports, U.S. Economy | Comments Off