The spiraling financial downfall towards default began with Greece and has spread to Ireland, Portugal, Italy and Spain. At first it seemed impossible, then unlikely, and now headlines actually predict that Greece is 98 percent likely to default on its sovereign debt. If Greece defaults, EU leaders and ECB officials will be trying to come… [Read more…]
June 6, 2011
The US economic recovery is not doing too well. This week, initial jobless claims were higher than expected and consumer confidence fell….again. We are a 70% consumer driven economy. When the consumer is spending their limited income on gasoline and food, they have less disposable funds left for other purchases and thus US manufacturing for new orders were lower in April. Worker productivity and output fell… [Read more…]
October 13, 2010
Why do U.S. companies often fail in their efforts to establish themselves in foreign markets? One repeated mistake is an insistence upon structuring strategies and tactics that treat foreign markets as though they were across town, rather than across an ocean or an international border. Typically, this miscalculation is reflected in companies trying to avoid things they aren’t familiar or… [Read more…]
September 15, 2011
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