Thursday, April 30, 2009

Let's not shake on it

Everyone in Saipan, and probably everyone reading these words, has experienced this minor annoyance: You’re sitting in a restaurant, just about to take hold of the cheeseburger you’ve been craving all day, and along comes a colleague of yours who, just your luck, has six visitors in tow. Your colleague, of course, can’t help from dispensing introductions. The hands extend automatically, and you find yourself rubbing more raw flesh than a Bangkok go-go dancer. And you don’t even get a tip or a lady’s drink out of it....(finish today's column here).

Also, here's the link to the Jim Rogers interview I mentioned in my column.

Friday, April 24, 2009

Still strategically strategic

The coming Asian arms race is finally getting notice in the world's press. Today's column is about that gig, and here's a link to a piece in the same vein I did back in 2007.

We're at the juncture where economic changes (namely, Uncle Sam's slide, but, as a secondary factor, China's rise) are going to induce military changes in the Asia-Pacific region. After all, armies march on their wallets.

Friday, April 17, 2009

The smart are scared. The others aren't.

Anywhere under the U.S. flag, be it Saipan or the mainland, the total disconnect between popular perception and economic reality is really shocking now. But emotion will prove to be a very poor substitute for reason (isn't that always the case?).

If you think that my take on things is less than cheery, then here's a link to the Atlantic magazine's May edition, in which economist Simon Johnson has his say.

Thursday, April 9, 2009

The economic shoe

The U.S. economy will the be the "other shoe" that drops, after the financial shoe has hit the stage. If you've got ties to Asia, opportunity will eventually knock, because the world's economic order is going to change dramatically.

Thursday, April 2, 2009

Wacky economics

If you’re serious about earning a living in Saipan, then you might want to look at the opportunities appropriate to these kinds of economies. No, they’re not particularly glamorous, but they are definitely proven.