Are Global Currency Wars Indicative of Changing Worldwide Export/Import Relationships? http://t.co/Kjdu7yDHgG #TBP #beschlossperspective
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Are Global Currency Wars Indicative of Changing Worldwide Export/Import Relationships?
Written by Morrie Beschloss
With the rapidly changing nature of world trade, instigated by evolving inter-relationships between developed, developing, and embryonic global economic entities, the increasing strength or weakening of their indigenous currencies are telegraphing their underlying direction. With the U.S. dollar, the Eurozone’s… -
U.S. “Maintenance” Economy Holds Firm for First Half 2013
Written by Morrie Beschloss
As the U.S. 2013 economy, best described as “maintenance, repair, necessary upgrading and demand-oriented”, slogs its way toward the second-half of the year, it faces the fiscal year ending debt ceiling (9/30) as its main impediment to keeping its head… -
Current “Battle of the Budgets” is all About “Gotcha” Politics
Written by Morrie Beschloss
The embryonic development of “budget battle,” featuring House, Senate and White House versions is primarily a prelude to next year’s Democrat attempt to wrest the House of Representatives from the GOP and make the Senate filibuster proof. It’s the only… -
Fiscal 2012 IRS Audits Indicate Reduced Personnel and Frequency Downturn
Written by Morrie Beschloss
According to a recent update in the USA Today daily, IRS audits dropped 5.3% in federal fiscal year 2012, which ended on September 30 of that year. This resulted in 1,481,966 audits of individual tax returns based on IRS data… -
Geopolitics Trumps Economics, Environment Confrontation, as War Clouds Heat Up
Written by Morrie Beschloss
While America’s media headlines echo the Obama Administration’s priority diversions of immigration policies, gay marriage, gun laws, and gender inequality, the Middle East, Africa, and Southeast Asia are beating the war drums ever more loudly. With the current six-month’s “federal…