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March 30, 2008
When I was visiting Seoul earlier this year, one banker opined that the U.S. economy was much worse off than Korea was in the middle of the IMF crisis. To be sure, America has a lot of economic problems, but the situation is not as dire as the banker
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March 03, 2008
Warren Buffet said, “The U.S. economy is in a recession.” And the rest of the world is feeling the weakness. Even in recession, inflation concerns are mounting around the globe. Compared to a year ago, the U.S. inflation rate is up 3.7 percent
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