If you’ve been following my blog you know that I’m not excited about Microsoft’s planned acquisition of Yahoo! for a number of reasons. (You can read previous posts about the proposed buyout here and here.) First, I think both companies have been mismanaged, and the deal looks like an act of desperation on the part [...]
“Company X” Recently I had an opportunity to talk to management at a business that is experiencing extremely rapid growth. In the interest of discretion, I won’t name names. It doesn’t even really matter which business it was since it could have been any business at one point or another. I’ll call it “Company X”. [...]
I found this video that explains more fully how a weakened US Dollar overseas makes for a strong economy. It reiterates what I said in a previous post that by increasing foreign buying power, US goods make more attractive purchases overseas. Thus, a weak dollar boosts US exports and subsequently the US economy. The panelists [...]
I ran across a Forbes article that was very interesting and maybe a little bit scary. The article cites experts as saying the 21st century will belong to China, then goes on to present some rather alarming statistics such as: Foreign Currency Reserves No. 1: China No. 2: Japan China’s trade surplus grew by a [...]