Showing 1-4 of 4 results
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US-China rift is an awfully messy affair
News, Michael Schuman, Published on 13/08/2018
» A financial adviser I know, Frank Astorino, says nothing destroys wealth like divorce. That's a warning China and the US should keep in mind as they intensify their trade war.
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Zombie firms threaten Asia's future
News, Michael Schuman, Published on 04/04/2017
» Any horror aficionado knows that the only good zombie is a dead zombie. Don't risk trying to bring one back to life. It'll just come back to bite you.
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Anti-trade policies would make the poor poorer
News, Michael Schuman, Published on 25/01/2017
» Without question, the most exciting economic story of the past half century has been the dramatic, and probably unprecedented, decline in global poverty. In a recent study, the World Bank estimated that in 2015, just over 700 million people remained trapped in desperate poverty, or 9.6% of the world's population. Those sound like big numbers until you compare them to 1990, when nearly two billion people languished in poverty -- a staggering 37% of the global populace. Such progress has raised the real possibility that extreme poverty can be eradicated in the not-too-distant future.
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Is Japan simply too scared of becoming a success?
News, Michael Schuman, Published on 02/11/2016
» Of all of the scary economic data that routinely streams out of Japan, this statistic should terrify you: $800 million (about 28 billion baht). That's the total value of venture capital deals completed in Japan in 2015, according to accounting firm Ernst & Young. Compare that to $72 billion in the US and $49 billion in China. Even tiny Israel managed $2.6 billion in deals.
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