Hung out with 3 legends in music from LA and London who were hired to play at the conference. Google John Altman, he’s played with Jimi Hendrix, Morrison, Madonna, Muddy Waters, …..unbelievable! Greg Poree just played Letterman with Jewel and played in the band on Dancing with the Stars. Ryan Cross is one of the most amazing bass players I’ve seen…..… …READ MORE
Monthly Archives: July 2009
Summary on the credit crunch at the Pacific Econ Conf. in Russia
Posted in Economy, International Politics Tagged central banks, conference, credit crunch, Economy, global, pacific, Russia 1 Comment
China Questions From Readers Answered
The US consumer is still king, but his kingdom is a lot smaller. With job losses mounting and consumers paying off debt, the propensity to spend is greatly reduced.
China’s economy has 40% of it dependent on exports. If the US consumer isn’t spending, this is a major problem for them. But the US isn’t their only choice and this is where things get interesting. The Chinese are stimulating domestic demand by the massive amounts of loans they are putting through the system. They also need to somehow get their own domestic consumers spending money.
In my upcoming article for … …READ MORE
Posted in Front Page Leave a comment
