The International Economy. Fall 2020 (This story was published six years ago. It is reposted now because it is in Shenzhen where China in late November hosts the annual meeting of Asia Pacific Economic Cooperation (APEC) leaders.) https://www.international-economy.com/TIE_F20_Wood.pdf Continue reading Shenzhen, Where 40 + Years Ago China’s Market-based Reforms Began
(This video was initially posted in June 2026. But because China will host the Asia Pacific Economic Cooperation (APEC) leaders meeting in Shenzhen on November 18th and 195th, I’m posting it again.) Continue reading This is Shenzhen
The Daily Friend dailyfriend.co.za October 18, 2026 On the surface all is good. Growth is solid, the dollar strong. The economy is running at full employment, having matched a 1960s record with the jobless rate below 5% for 61 consecutive months. Despite a 40% rise in fuel prices from the Iran war, the stock market has been at record highs. So, what could possibly go wrong? The answer … Continue reading Fragility in US Financial Markets?
US interest rates have climbed to a 24-year high. Barry has an answer in this 50-second video. Continue reading Higher Rates, Financial Risk?
The Daily Friend October 4, 2026 One hundred years ago, in the summer of 1926, Bill Shirer and Grant Wood sat on the terrace of the Deux Magots café in Paris and sipped white wine. Aspiring journalist Shirer was 22, painter Wood 35. Both came from Cedar Rapids, Iowa, a town of little consequence in the heart of the Midwest corn belt. Wood had borrowed … Continue reading The Pursuit of Excellence: Grant Wood and William Shirer, From Cedar Rapids to the World
