The leading and lagging economic indicators…

What are these indicators and how ordinary people perceive them? Increase in demand and production are considered leading economic indicators while employment is generally considered a lagging economic indicator. This is an established measure and I do not have any dispute on that account. What I would like to add is that consumer confidence is [...]

John Bolton and the familiar American fantasy!

Yesterday, John R Bolton the former US Ambassador to the United Nations wrote a piece in The Wall Street Journal, “The Taliban’s Atomic Threat”. This guy is so off the wall that there seems to be no hope for Pakistan and its neighbors. The only question is who is worst, Democrats or the Republicans? A [...]

Life beyond a house and a car…

Americans have been fed with a 20th century view of prosperity and quality of life that is long outdated. The so called “American Dream” of owning a house in the suburbia, driving an American made car, having a wife, two kids, a dog and a grill in your backyard is long over. It has been [...]

Mr Obama is no more the heartthrob of the world!

Many countries are already miffed by the brazen selfishness of the Obama administration, including India. This week Prime Minister Gordon Brown paid an official state visit to the ‘White House’ and found Mr Obama as a self-absorbed individual. Notwithstanding the nice talk in public view, Gordon Brown appeared frustrated with Obama-talk. President Barack Obama is [...]

Can America bounce back from this financial crisis?

The answer is absolutely yes! The more important question is, what would it bounce back to? The United States of America has been changing for some time and now the pace might accelerate! The current sentiment resembles so much that prevailed during the Jimmy Carter administration. Americans concluded that Carter was a weak leader and [...]

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