Showing posts with label American Economy and Debt and Deficit. Show all posts
Showing posts with label American Economy and Debt and Deficit. Show all posts

Thursday, October 27, 2011

American't American

Europe:  Austerity.  Bailout

America:  Austerity Bailout

The areas of concern:

Jobs

Housing

Energy

Stimulus

Three Solutions

Capital Investment

Economic Stimulus

Multiplier Effect


If you want to cut taxes, this is how to do it.

Eliminate Sales Taxes on Selected Items at Graduated Price Levels:

American made autos below $34,999
Appliances.
Cookware
Furniture
Lawn Furniture
Lawn Mowers
Lap Tops
iPhones
iPads
&c!


This will stimulate the spending on Main Street. Read: The Multiplier Effect


http://www.slideshare.net/slimfairview/the-multiplier-effect-4962273


Breaks for Banks

An example:


1000 homes on the books ready for foreclosure.
Stop the proceedings
Rewrite the mortgages at an affordable monthly payment--with or without a balloon payment.
TAX BREAKS FOR THE BANKS WHO PARTICIPATE


Energy:

Large Tax Incentives for Oil Companies who invest in Clean & or Green Energy projects.

By way of metaphor:  Buy Solyndra and run it as a business and not as a symbolic gesture.  You went to B-School.  You know the drill.


Grants for Public Projects

Roads
Bridges


Establish a Federal Legal Team to reviews laws and regulations that impede the building of roads and bridges.


Creates Jobs
Removes people from the benefits roles because they are employed.
Generates revenue for the States through State Income Taxes


Creates a demand for American Made Heavy Equipment.


In order to understand Economic Stimulus and how it works, click the link and read the metaphor:


http://slimviews.blogspot.com/2011/06/economic-stimulus-by-metaphor.html


Bon chance!


Slim


slimfairview@yahoo.com


Copyright (c) 2011 Slim Fairview

Friday, September 23, 2011

The US: Oil, Energy, Housing

US: Oil, Energy, Housing

The Economy has now achieved the mystic quality of the weather: Everyone talks about it. No one can do anything about it. We prepare for disaster. We plan for cleanup. We ride the storm—many lose everything.

The Economy is not the Weather.

“We are going to maximize the impact of our recue fund by leveraging our resources.” [A quote from a EuroCrat published in the WSJ.]

“Having lost sight of our objective we will redouble our efforts.” (My Finance Professor)

“A stitch in time saves nine.” Unknown

You cannot create a plan and sell a plan based on clichés, slogans, and platitudes.


My plan for housing:

The bank stops the foreclosure and rewrites the mortgage with affordable payments which include a balloon payment down the road; for example 2018.

The dead wood comes off the books. The revenue stream continues. The asset stops deteriorating. The bank has money to lend. The municipality maintains a revenue stream. The population decline is abated.

You think my mortgage plan won’t work, eh? Well, “BofA reaches deal to sell….” WSJ: 9/23 C3. Google it, it builds character.



Oil and Energy

The other day, referencing Solyndra, I stated, “Money will not replace management.”

Big Oil buys Solyndra—a metaphor. Big Oil invests in Green Energy, or Clean Energy. What happens? Big Oil avoids the disaster it suffered from its misalliance with Big Auto.

Big Oil and Big Auto were once very cozy. Times change. People began to demand smaller, fuel efficient cars. (Less oil) People began to demand electric cars. (Less oil) Big Auto said, “It’s us or them.” Well, General Strategy said, “Make smaller cars. Develop electric cars.” The rest is History.

Soon, Big Oil will find that General Energy will betray them as well. To Big Oil: You are no John D.

What to do?

Well, the big understanding is “demand.” Okay, here goes. Let’s look at demand.

Plastic Trash Bags (I heard they are bio-degradable now.) Food Containers: “Don’t get mad, get—“I promise not to lose this food container.”

Why the quote, the commercial. Because this is what America buys—Petroleum By-products. (True, soon gasoline will be the by-product, but I digress.)

The demand is there. The demand for energy is there also: residential energy, commercial energy. Thus, I propose a multi-pronged solution.

Big Oil buys Solyndra and runs it as a business and not as a symbolic gesture—an homage to the environment. In plain English: Stop Calling it the Solar Energy Market and start calling it The Energy Market. With an efficient, cost-effective means of production with a built in demand from manufacturing petroleum by-products, you will make it, sell it, and use it to make and products from your own raw material.

Big Oil Provides Green Energy to plants manufacturing Green(ish) products.

R&D expands into plastics. (Remember The Graduate? Then it was Social Commentary. Now it is Economic Strategy.)

Use your Lobby Muscle for tax incentives for

a. Producers and

b. Consumers.



Sincerest regards,



Slim



Copyright © 2011 Slim Fairview

Friday, September 16, 2011

I Fell Into the Trap

I was thrilled to be invited to attend

Discussing Solutions for America with Thomas L. Friedman and Michael Mandelbaum

"You're invited to a live, national teleforum to talk about real solutions for America's future."

I hung up after 40 minutes.  There were no solutions.  As is too often the case with much of what we are offered, the forum was descriptive and not prescriptive.

Thomas Friedman, writer for The Times, with his co-author gave a brief intro and took questions.

I don't ask questions. I've been watching the process for 50 years.  The reason we can't solve our problems?  The answers never change. The process never changes.  The results are always the same:  The Problems Aren't Solved.

I think about this every time I hear people on the news commenting on campaign chatter as if it were a serious discussion about issues.  It never is.

Case in point.

After watching 40 years of Talk Show Television selling diet books, get rich quick books, and self-help books, we should be thin, rich, and happy.  Instead we are fat, poor, and dysfunctional. If we used the empirical method of analysis, we would conclude they don't work.

Rather, we as a nation, seek data to support our opinions.

We are told, for example, that not every diet book is right for every person.  Okay.  Now, with a thousand diet books, these should be right for those people, those should be right for these people, and others should be right for other people.  Okay?  No.  We are fat, poor, and dysfunctional.  Diet books, get rich quick books, and self help books have failed to deliver on the promise.  We still clutch retentively to the notion that they will help.

We talk about "That used to be us."  We concoct a dreamy Beaver Cleaver ideal to sell a new idea that won't work.  We disparage and discredit Beaver Cleaver, then invoke the success of America's Past.


It may be simplistic, but please bear with me.  The Wright Brothers invented the airplane before the creation of the FAA.  Thomas Edison invented the light bulb by candle light.  The Robber Barons built Eastern Standard Oil, built the Transcontinental Railway, built the West Side Highway, back in the day when conditions were such that we would never tolerate them today.


In short, we fail to concede:  "Everybody knows what everybody knows."  The Quotations of Slim Fairview.


China, as referenced by The President who accurately pointed out that China built the world's largest supercomputer, high speed rail service, and a hydro-electric dam to power the engines of their economy is doing what we used to do.  Why?  Because they can.  What can we do?  If we watch the campaign, we see that we can point fingers at China and say, "Hey, no fair, cheatin'."  [sic]


We cannot do that.  Then we could. Today we cannot.


Today, we do things by committee.  The great evil of modern business.


Here we go.  We built the Hoover Dam.  We created the TVA.  We cannot do that today.  We are not allowed to do that today.  Do I have anything against polliwogs or purple toads?  No.  But they are where we want to be.


Don't believe me, eh?  The Canadian Hydro-Electric Project when Mario Cuomo was Governor of New York.  Clean Energy.  Bullwinkle put the kibosh on that one. And so on.


In a time of crisis, people look to a leader, not a committee.  Leaders lead.  There is no, visioning process, shared vision, "no I in team", combating group-think, or consensus building. Consensus Building is group-think built by a committee.


A tax credit for businesses who hire people? [Create jobs.]  On which planet?


When things go well, we have a home, a job, a car, we don't worry about economics.  When things do not go well, we don't trust your politicians.  What causes the disconnect?  We don't understand economics.  Not the highfalutin economics of college professors, or EuroCrats.  The "explain it to me simple" economics I've been posting on my blog.


The EuroCrats:

They are intelligent, educated, experienced.  The conditions are getting worse!  Why would Europeans trust their leaders if their leaders cannot do the job of solving problems?


Leaders?  Look behind you.  If people are following you, you are a leader.  If they're not, you're not.  That simple.  People are not following the EuroCrats.


Yes, another infomercial. 


Credentials.  I covered that.  If you show up with 5 economists who say do this, someone else will show up with 5 economists who say, do that.  Another infomercial.


The books that are out there?  They are self-congratulatory pats on the back and an insurance policy to protect business leaders in case of a reversal of fortune.


Read my stuff today, or hear it from experts in a month or two.


Regards,


Slim


ps.  Don't forget what I said about the tricked out laptop and the few dollars tucked into the envelope.


Slim



 

Tuesday, August 2, 2011

Congress: An Idiocracy, A Theocracy, But not a Democracy




This is Congress.  Faith leads to higher certitude than knowledge. [I had a Jesuit Education.]

This does not mean they are more right.  Only that they are more sure.

This is Congress.

On one side, people believe that if you cut taxes for the rich, the money will trickle down and the economy will trickle up.

Trickle down economics is a myth.

The other side believes that if you raise taxes and spend money, you will stimulate the economy.  You will create jobs.  As one pundit said, “No country ever taxed its way to prosperity.

Now, both sides have experts.  Economists.  Well, back in my youth someone said, “He knows the price of everything but the value of nothing.”  We can move in that direction.  However, can we say, “He knows everything but understands nothing”?  Well, not quite.  It is simply a matter of the interpretation of the truth.

As Jack Nicholson said to Diane Keaton in the movie, Something’s Gotta Give.  “I always told you some version of the truth.”

Thus, it is with Economists.

Here goes.

One Economist works for a company that sells red paint. He says, "If you want to improve your business, paint the walls red."

Another Economist works for a company that sells blue paint. He says, "If you want to improve your business, paint the walls blue."

That much may be obvious. The difficulty arises when they cite the statistics.

The Red Paint Economist says, "Our study shows that red paint motivates employees. They produce more widgets. Your productivity will go up."

The Blue Paint Economist says, "Our study shows that blue paint creates a more serene atmosphere. Your employees will make fewer mistakes and the quality of your widgets will go up."

What each side does not tell you is this:

With red paint, the employees work faster, make more errors, and reduce the quality of the output.

With blue paint, the employees make fewer mistakes and produce higher quality widgets, but make fewer widgets and productivity goes down.

However, they are experts; and we listen to them.


The following aspects of Economics must be taken into consideration.


Economic Stimulus.

Economic Stimulus works.  The issue is where do you stimulate the economy?


Now to explain. For this, we will need to create that all-important metaphor. In addition, I should like to apologise in advance for the one snarky remark I will make about a former President. (One must compare apples to apples.)

For the purposes of this lesson, we will assume that Joy, brown-bags it every day except Friday. On Friday, she takes 10 hard-earned dollars and goes to Whoopi's Sandwich Store for a baloney sandwich.

Now Elisabeth is out of work. However, Jimmy Carter feels her pain. Therefore, he taxes Joy $10 and gives it to Elisabeth so she can buy a baloney sandwich. Joy is not happy. She's being ripped off. Elisabeth is no better off because she still does not have a job. Now, what about Whoopi? She is no better off because she is still selling one baloney sandwich a week.

In response to critics, Jimmy decides to tax Whoopi $10 to train Elisabeth how to make baloney sandwiches. After getting her certificate, she goes to Whoopi's store looking for a job. However, Whoopi tells her, "Sorry, Friday is my last day. Jimmy Carter taxed me out of business."

Now, President Obama comes along and says, "That is not how to do it. I am going to have the SBA lend Elisabeth the money to go into her own business."

Elisabeth opens up a soda store next door to Whoopi's Sandwich Store.

Back to Joy. Aptly named because her tax cut allows her to go back to Whoopi's store and buy a baloney sandwich; and she goes next door to buy a soda.

Elisabeth is happy because she's making money, so she treats herself to a baloney sandwich.

Whoopi is thrilled because she doubled her sales volume and revenue. In fact, she is doing so well; she hires Sherri to help make sandwiches. (Whoopi trains Sherri, as it should be in business.)

Sherri is happy because she has a job, and, please forgive my little joke, her compensation package includes a free lunch. However, no beverage. Therefore, Sherri goes next door to Elisabeth's soda store to buy a soda. Well, with all this soda being sold, Elisabeth hires Barbara to work in her soda store. Now Barbara is thrilled because she has a job.

Back to the Oval Office:

The President's Economic Advisor comes in.

"You wanted to see me, Sir?"

"Yes, I have some money for you. It is part of Sherri and Barbara's benefits payments. They are out of work. I want you to send the money to Sherry and Barbara."

However, the advisor says to the President, "But Mr. President, Sherri and Barbara don't need that money anymore. They have jobs."

"That's great," the President says. "The government is saving money."

The advisor continues. "It's better than that. Since they are working, they are paying income taxes. So, I have some money to give to you from Sherri and Barbara."

"Wow", the President says. "I save money because Sherri and Barbara are working, and I bring in money because they are paying taxes. This stimulus package is great."

This is how economic stimulus works. It takes a little time, but this is how the economic stimulus works.


Government Borrowing


Wolf Blitzer wants to buy a new suit.  This, he figures, will attract more viewers [customers].  He borrows the money from John King—a CNN colleague.

Mr. Blitzer’s ratings [revenue] go up.  He repays Mr. King.

Mr. King, seeing Mr. Blitzer’s success, uses the profits from his lending venture to buy a new suit.  His ratings [customers] go up.

Upstairs, Mr. Turner is looking over the balance sheets.  He sees this uptick in [revenue].  He asks his accountant what happened.  His accountant tells him.  Mr. Turner gets an idea.  He issues a memo to his on air people.

CNN will make low interest loans to those who want to go out and buy a new outfit to wear on the air.

Ratings go up.  Revenue goes up.  Mr. Turner issues another memo.

Up until now, in the cafeteria, employees could buy a meal [breakfast, lunch, or dinner] for $10.  Due to the increased revenue, we are going to charge you [tax you] only $5.

As a result, the employees have more money to spend.  John King buys a new tie.  Gloria Borger buys a new scarf.  Candy Crowley buys a necklace.  Don Lemon buys a new shirt.

This upgrade in the “metaphorical image” generates more viewers [customers].  Revenues go up.  Salaries are increased.  All is well in CNNtopia.

However, what if all were not so enlightened.

What if Wolf Blitzer had borrowed the money from Bret Baier?

Well, Mr. Blitzer would still have a new suit.  However, the profits would have gone to Mr. Baier who would have used his profits to buy a new suit.  Mr. King, not having the profits from his loan to Mr. Blitzer, would have had to go to Shepard Smith for a loan to buy his new suit.

Now, Bret Baier and Shepard Smith could use their profits to invest in a business partnership to lend money to fellow Fox News Anchors.  They would have a spiffed up image and more viewers [customers] generating more revenue.

Back to CNN.

With Mr. Blitzer and Mr. King having to pay interest on the loans to people at Fox, they have to cut back on expenditures.  Now, instead of buying lunch or dinner in the cafeteria, they brown-bag it.  Revenues in the cafeteria fall.  CNN issues a memo.  Due to lost revenues, the cafeteria will have to raise prices [taxes] on lunches and dinners.  This affects the other employees.  No shirts, no scarves, no ties, no necklaces, declining image, lost customers, decreased revenues—CNNistant.

What is the crucial difference between CNNtopia and CNNistan?  That is the difference between solving the US economic crisis and not solving the US economic crisis.



The Multiplier Effect

Next, we have the Multiplier Effect.  While trickle down economics is a myth, the multiplier effect can be seen as counting the dollars in our economy.  This is an illustration.

This does not lend itself to a blog posting.  Thus, a brief PowerPoint presentation is available.  Real Brief.  Look and click to the next of several slides.

I will not use the word dishonest.  Our Congressional Leaders truly believe what they are saying.  Then, when the mounting debt is still there in the morning, they say, “I thought so.”



Regards,


Slim


PS.  I am no Paul Harvey; however, I will entertain job offers as a paid blogger or commentator.




Regards,

Slim


Copyright © 2011 Slim Fairview


Wednesday, July 27, 2011

Global Affairs: Everyone's Challenge



America has a problem.  A domestic problem.  A foreign problem.  However, so does almost every other country in the world.



By now, many of you will have read some of what I’ve been writing on American Domestic Policy and American Foreign Policy.  I will now explain the results of some of the fallacies we embrace to explain why we have problems.  Then, how to solve them.

Foreign Affairs--The Middle East.

Libya

For the purposes of analysis, we shall assume that the Libyan forces succeed in assuming control of Libya. 


When the rebel forces become the government of Libya, (the same forces that were recognised by European countries and ultimately recognised by American government), we in the US assume that there will be a Western Style Government.

What happens, however, when Libya is ruled by a Governing Council? A Council comprising the Tribal Leaders in different regions of Libya?  There is every indication that the Libyan people want American Style Freedom.  None that indicates that the Libyan people want American Style Government.


On to Syria.

Assume for the purposes of analysis that President Bashar al-Assad decides to retire from politics.  

He files to collect his pension, sells his home, and buys something on the Mediterranean.  

Further, assume, for analysis that the Syrian people eschew the Prime Minister/Parliament style government and embrace a Congress and President.  

Tribal Leaders will fill the Senate.  People will elect Representatives to The House.  The people will elect a President.  Now, what happens when the Government, in response to a referendum on foreign policy, rejects the US as a Syrian ally?

The above two examples are very likely outcomes of the changes in the Middle East.  

In the first example, the people choose freedom, but not our style of government.  

In the second example, the people choose freedom and our style of government, but reject us (US) as allies.

The United States is not prepared to deal with these eventualities.

As it relates to my discussion on Pakistan:

“Diplomacy: if you have to explain it, it isn’t diplomacy.”  The Quotations of Slim Fairview.


In our country, we have the need to talk about it.  Whatever it is, we feel it is best to talk about it.

I covered this problem in my monograph:  “Why I read newspapers.”

Why I Read Newspapers

Why do I prefer getting my news from newspapers? That is analogous to why I prefer writing to talking. When I write, you can’t interrupt me. You can disagree with me. You simply cannot interrupt me.

“No one agrees with someone else’s opinion, only his own opinion expressed by someone else.” – My Dad.

You can stop reading what I wrote. You can tear up the paper, you can scream at the screen, you can even make a peanut butter and banana sandwich and shoot the computer, but you can’t interrupt me.

In addition to your disagreeing with me, and the aforementioned options for reacting to what I wrote, you can rise up in opposition. You can write an opposing piece or speak out in forums that offer the option.

Now, you have two options.

1. You can express an opposing view.

2. You can express your opposition to my view.

The latter, however, leaves your audience at a bit of a loss without their being able to read what I wrote. 

You must, to make your position clear, reference what I said. 

If you are preaching to the choir, it doesn’t matter. However, if you are addressing people with a sincere interest in the topic, they will read what I wrote. At this point, you lose dominance over the audience. 


Your audience can read my monograph without interruption, form their own opinions, and draw their own conclusions. 

They may agree with you, they may agree with me. (Put your stick down. They can’t see you and they can’t hear you.)


Such is the way it is when I read the newspaper. I can read a columnist. I can read another. I can read two newspapers for opposing views. I can read the editorial, I can read an op-ed, and I can read the letters to the editor. I can form my own opinions. I can form my own opinions in quiet contemplation. 

This option is seldom available when TV News becomes entertainment.


When those with opposing views appear on television, they can express their opinions in turn, express them simultaneously, tell half-truths, or engage in evasions or misrepresentations. That is not news. That is not debate. That is pure theatre. The theatre of the perturbed.


Any questions? Well: “Don’t bother asking me. You don’t want to hear my opinion; you want to hear your opinion.” From The Quotations of Slim Fairview.


I’ve included the following to help to explain the problems the US is facing today.


Expert Opinions.

Here is an example on why we cannot and probably will not fix our economy.

You watch as experts explain the economy: 

One economist works for a company that makes red paint.  He says, “If you want to sell more widgets, paint the walls of your company red.”

Another economist works for a company that makes blue paint.  He says, “If you want to sell more widgets, paint the walls of your company blue.”

Well, the bias is obvious.  Less so, the supporting facts.

Red:  “We have a study that says employees in companies with red walls are more pumped up and make more widgets—increased productivity.

Blue:  We have a study that says employees in companies with blue walls are more serene and make fewer mistakes—higher quality.

What both sides don’t say:

Employees in companies with red walls make more widgets but make more mistakes resulting in many widgets being rejected for poor quality.

Employees in companies with blue walls make higher quality widgets with fewer mistakes, but make fewer widgets which results in lower productivity.

You can say both the Red Economist and The Blue Economist told the truth, half the truth, or half a lie [by omission]. 

Both sides misled the viewers about the benefits of the paint they sell.

This is the same problem we have with running companies, with foreign relations, and with our personal relationships.


The problems we have in Foreign Affairs and the problems we have in Domestic Affairs have the same root cause.


Much of our problems arise from various striations of within our culture.

It has become fashionable, (periodically) to discuss groupthink.  Groupthink, however, is the consequence of consensus building.  Consensus building is a product created by people to market themselves to companies looking to hire people, looking to promote people, or looking to solve problems with minimal opposition.

Unfortunately, the more people you add to the group, the more people are likely to line up with those who think like themselves or move to the centre to facilitate a solution and to look like team players.  More people will not bring about solutions whether you call it groupthink or consensus building or team building.


Team building.

I do not like sports analogies.  However, the image lends itself to pointing to the direction we need to go to solve problems.

The theory is, “There is no “I” in team.  The meaning?  We must all work together.  Good thought.  Poorly understood.

Take a football team.  Here are some of the positions.  Centre.  Quarterback. End.  Halfback.

Each member has a job to do.  The Centre “snaps” the ball to the Quarterback and attempts to stop members of the opposing team who want to tackle the Quarterback.

The Quarterback, receiving the ball, has the job of deciding whether to run toward the goal, of giving the ball to a “Back Fielder” to run with the ball, or of passing the ball to one of the Ends.  This is determined by conditions on the ground.  Here are two considerations”

What are the competitors doing?

What are my teammates doing based on what our competitors are doing?

One of the Ends runs forward a few yards, turns, and runs to the centre of the field.  The other End runs far down the field.

The Quarterback decides which End to throw the ball to based on conditions.  Not on his opinions of the End’s skills and abilities to catch the ball, but on each End’s ability to catch the ball based on ground conditions.  He is not concerned with whose turn it is to catch the ball.  He is not concerned with the opinions of his teammates.

Teams.  The team has a leader, The Quarterback, who makes decisions based on conditions.

Each member of the team has a job to do.  His own job, not someone else’s job.  We’ve lost that ability in our country.

We seek consensus, we seek opinions, we share responsibilities, and we make decisions based on input that is not related to achieving the goal.

In addition, we make decisions without regard to what the other team is doing.


Groups

I've studied groups. I’ve been a member of groups.  I was in a group that studied itself. I worked in groups. I worked on committees. I worked on a committee to form a committee to set up a programme to form committees (you read that correctly).  I dissected the different structures used to manage projects and explained why each does not work. (My emphasis on that which is prescriptive and not descriptive.)


This relates to the execution of strategy.

Impediments to Executing Strategy
I. The first impediment to executing strategy will be others who do not share your vision.

            a. Your vision competes with their vision.

            b. Your vision contravenes their assumptions.

                        1. If their strategy is based on their vision, your vision will threaten                                 their position.

                        2. If their assumptions are repudiated, their reputation will suffer.


II. There will be challenges to the data you use to substantiate your strategy.

            a. If you use the methods they use, your results will challenge their         competency.

            b. If you use different methods to arrive at your conclusions, their methods       will be challenged.

            c. Either a. and or b. will diminish either their self-image or their image            within the company.

                        1. If you challenge their self-image, they will become hostile.

                        2. If you threaten their image in the company, they will become                          devious.

All of the above assumes that the people you work with and work for like you.

If they do not, the job of executing your strategy will be even more difficult.



However, as I am adamant in my opposition to articles that are descriptive and not prescriptive, I included organisational charts in one of my PowerPoint Presentations to show which structures that won’t work and which structures that will work and why.  “Global Management: A shift in the paradigm of corporate America” located at Slideshare.net   [This presentation also contains a section explaining group norms.  A serious matter in business as well as Global Affairs.]

The reason all this is so pressing is that the world can no longer afford to play a zero-sum game.  We lack the capacity to follow the path of the trajectory.

“The fact that you cannot predict the future is not the proper rebuff to someone who tells you to get off the tracks, the train is coming.”  Slim Fairview



The Path of the Trajectory

As we plan into the future, are we considering the path of the trajectory?

Case in point. The pendulum swings both ways. The farther it swings one way, the farther it swings back.

Globalisation: Will the path of globalisation eventually lead to a path of isolationism.

Information: Will the information that we are relying upon so heavily, eventually become a curse that will lead people to retrench? An information overload can make the information virtually worthless if too much information cannot be accepted as reliable, or information is exposed to too many people.

Technology: Will the technology that enhances our efforts become so "intrusive" that we are paralysed by its intrusiveness?

Politics: Will the politics of globalisation lead to "Superpower Centres" with a detente between i.e. The Asian Center, The African Center, The Middle Eastern Center, The European Center, The Latin American Center, and the North American Center?



Other factors must be considered.  Especially if you are not from the US and are looking for some insights.  To be efficient and to eliminate those who are not interested, I have links to the monographs that will explain various points.

Facts versus Opinions.



However, there is more to be said on the topic of experts than facts v. opinions or the colour of the paint you sell.


Experts

For every ten experts who say, "Do this!", you have ten experts who say, "Do that!"

Then someone else will come up with ten experts who say, "Do something else."

Another ten experts will say, "They're all right".

Another who will say, "They're all wrong".

Then another who will ask, "Who's to say what's right or wrong?"

Then the facilitator of the group will say, " There's no "I" in team! :-)”

If you don't believe me, ask an expert!



The problem of American Global Myopia


This is covered in, “More on Global Management.”



A stark look at how graphs are used to misrepresent facts, and how figures are used to misrepresent numbers:




Other Global Considerations that are being ignored.


China

China:  The Economy and a Word Beginning with the Letter P.



The above monograph contains links to other monographs on China.  As it has become fashionable in the West to discuss the Facebook Revolution, I have explained away the prognostications of the expert guests on News-Like Programmes.

As Molière’s Bourgeois Gentilhomme said, “All this time I thought I was merely reporting the news only to discover I’ve been speaking journalism.


Sincerest regards,

Slim




Copyright © 2011 Slim Fairview

For Monographs on The Middle East and The European Union, please visit http://slimviews.blogspot.com