Stephen Roach,a Yale Proffessor, weather he knows it or not, is advocating Say's Law

STephen,a Yale Professor weather he knows or not,is advocating Say's Law.For heard the Professor say on T.V for thirty or forty the American economy has depended on consumer spending not saving and investment and it's about time we save more and invest more,eching Say's Law.For Say's Law says saving equals investment,which mean you produce more hence you create demand.
Say's Law is a apostasy to much of the academic economic world.You see,unless you are blind,the economic academic world has there God John Maynard Keynes,who believe it's demand stupid,consumer spending is what drive an economy,henceforth,Americans save little alway living on the edge,perhap Say's Law should be in the choir of academic men.

Martin Feldstein says Europe sick man of world economy,however, U.S should grew 3 to 3.5 percent

I saw Martin Feldstein(Ronald Reagan's chief economist and note Harvard Economic Professor) on Bloomberg T.V the other day.He said,Europe was the sick man of world economy,but it'a effect on U.S economy is very slim,pointing out only about 15% of U.S economy depends on foreign trade,and of course not all trade is with Europe,he went on say the U.S economy should 3 to 3 and half percent a year.
I remember at the beginning of the Obama Administration how Sean Hannity lied about Martin Feldstein and perhaps trying to appeal the anti-semitics in his audience.When Obama  appointed Martin Feldstein to the Economic Recovery Advisory Board(one of those phony things politicians do make boards that are meanless,indeed,I think you court the time meet on hand in six years)Hannity went on rant,on how Feldstein was on the board of A.I.G(which was true,but he went on how Obama and Feldstein were close buddies,what a lie! Feldstein and Obama never had private in their lives and Feldstein is very much a critic of Obama's economic policies.
Now Hannity might have appealing to anti-semitics in his audience,but he is very Pro-Israel.A few weeks ago he visited Israel and said sometime quite misleading.He was describing a Kibbutz as some sort of village,but a Kibbutz is a collective farm.But Hannity to tell truth would be a problem since denounces collectivism all time.

Is Obama another Neville Chamberlain or Herbert Asquith?

Is Obama another Neville Chamberlain or Herbert Asquith? For there are similar with all three men,all poor war leader,lacking inspiration to lead,indeed,their hearts weren't  the fight at least in Obama's and Chamberlain against evil -World War One(WW1) not so easy to tell the good guys from bad.
All three were more interested in domestic policy then foreign policy.Indeed,if Asquith wasn't such a lackluster leader in WW1 his role history might him a great man,or one that affected the modern world.For he instituted Old Age Pension and national health insurance,forerunner of the Welfare State.
History too might have treated Chamberlain differently if not policy of Appeasement and the Munich Agreement.For domestic Chamberlain was a reform,for example when he was Minister of Health he got rid of Poor Laws and replace with far more humane Unemployment Assistance.
Now how history judge Obama? The feckless way he has dealt with the Jihadist,I think will overshadow any good he has done.
Of course,I always like what Churchill about history.When ask how does he think history will treat him? Churchill came up with a gem:  for said,"history will treat quite well,for I shall write it."

IMF gloomy Japanese like Hong Kong to invest and sell Germany

IMF gloomy about economy growth.Japenese like Hong Kong(believe or not) to put their money in,selling assets in Germany.Of course,the Japanese own about billion in U.S Governments bond, foreign second largest holder of U.S Bonds,of course Ciana(the middle Kingdom) is largest foreign holder.U.S Banks hold a lot U.S Government Bond to meet tougher require requires,but couther the FED easy money policy but does save money for U.S Government because demand is higher that nature,hence,price is higher than should be,which keeps the interest on bonds lower.However the bank get very little return for income on the bonds,plus it ties up capital which bank could lend out.

U.S.A strong jobs report,however,wages are flat and many have left looking for work.

U.S.A strong jobs report,however,wages are flat and many have stop looking for work or drop out finding work.Less pressure on the Federal Reserve System to raise interest,despite that U.S Dollar is gaining strength economics is no longer the science dismay,but rather,confusion.
M&A activity seems on rise,why? Stock cheap,assets cheap? It doesn't seem so,but all relative and so is valuation.It's hard to know what's up with the economy,henceforth,how to make money!

Bond king dethroned,did Bill Gross gross out Pimco?

Bond king dethroned,did Bill Gross gross out Pimco? Big news,but neither David Tepper or Warren Buffett think so,Bill Gross his left Pimco,no doubt just before firing squad,and has made a safe landing at Janus.
Now in the economy there dichotomy,the Federal Reserve System(the FED) is giving money away to banks,hoping the banks will start lending more,so there be more investment in factories,plants and equipment creating jobs.The trouble is at same time the FED is giving money aways to the bank it insist on higher reserve requirements,which makes money tighter,along all fines the government is putting on the bank and less is likely to lend out.
When people talk about the money supply they just think in term of interest rates,not velocity of money(how quickly it turn over) ,indeed,you can have zero interest(and some extent that's what we have today)but people don't turn over the money(spent it,or invest it) the money supply isn't going increase,henceforth,interest rates become irrevent and this a sign of weak economy.

Hong Kong cries for freedom but is anyone listening

Hong Kong cries for freedom but is anyone listening? The people Hong Kong want to open the door again so they cry out.It's obvious Beijing doesn't know what to do,but I think they will play a waiting game,hoping passions will cool down,knowing the outside world won't lift a finger to help the people of Hong Kong gain there freedom back.