The Philippines Market: Flying off the Radar Screen
Have you ever noticed how little you hear about the Philippines market in these days? When was the last time you heard about a hot stock tip from that country? The Philippines contains a lot of people, about 72 million in fact, and it also has reasonably good...Breaking the Tokyo Banks?
Back in 1998, the big question in Japan was which, if any, of Tokyo’s big banks could escape collapse. Burdened by massive, non-performing loans, and holding assets (like Tokyo real estate) that had plunged in value, Japan’s big banks were in a serious...Striking Janitors: Virtual Slaves?
Strikers must, however, recognize that employers possess options as well. An employer may refuse the pay hike, lock the workers out, and/or seek replacement workers.
Whitewashing Castro’s Crimes
One day Castro’s brutality will end. But that end will not be hastened by the Western press, which cannot seem to shed its esteem for Fidelismo
An Insolvency that is Good for Thailand
Last Wednesday, 15 March 2000), a Thai bankruptcy court declared that Thai Petrochemical Industry Plc., (TPI) was insolvent. Thai investors, while hardly jubilant, were likely to be relieved about one thing: a Thai company can no longer refuse to pay back creditors...The Interstate Highway System and the Disfiguring of America, A Tale of Two Kinds of Cities: Part 5
The interstates were never the result of some individualistic, egoistic ‘love of the private automobile’, but rather of anti-capitalist, mixed-economy politics straight-up: the initiation of physical force for the sake of the greatest good for the greatest pressure group.