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  • November 29, 2014
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  1. Comment - Insight & Opinion

    Obama should start second term by reaching out to China

    Posted Jan 22nd 2013, 12:00am by Peter Kammerer

    ... priorities have already been laid out by Obama. The US$16 trillion national debt is by far his biggest, followed by dealing with illegal immigration and gun violence. With each, his liberal ...

  2. Strange and stranger

    Posted Jan 02nd 2009, 12:00am by Peter Kammerer

    ... to provide funding to cover soaring national debt. Rich states will eventually say no, leading to the break-up. It is in similar circumstances that the Soviet Union began fragmenting in 1989, ... but lacks the funding to make them happen. His priority is to save the economy, and his nation will have to go several trillion dollars further into debt to satisfy demands; his problem is that he ...

  3. The other depression

    Posted Nov 21st 2008, 12:00am by Peter Kammerer

    ... The last depression was grounded in Germany being unable to pay debts hanging over from the first world war, factory inventories being overly large and Wall Street crashing in 1929, which, when ... of who was holding bad debts, raised inter-bank lending rates, causing tightness in credit. Stock market crashes in Vienna, Berlin and the US followed. American railway firms quickly started ...

  4. The gargantuan task

    Posted Nov 07th 2008, 12:00am by Peter Kammerer

    ... are not guaranteed in a world that has lost trust in the US. Personal debt is at record levels, infrastructure is in poor shape and the defence budget is seriously strained. The president-elect's ... Diplomacy and co-operation has to replace unilateralism. Partnerships have to be built with non-traditional allies in the developing world. Public and private debt has to be reduced. Senator Obama ...

  5. New-media master

    Posted Jan 23rd 2009, 12:00am by Peter Kammerer

    ... it is the reason he has hit the ground running. The new president is going to have a tough time enacting his policies. They will require many trillions of dollars and the US is in debt well over its head. ...

  6. Dark clouds over embattled economy

    Posted Jul 13th 2005, 12:00am by Peter Kammerer

    ... the country's ability to control its budget deficit, which stood at 3.8 per cent of gross domestic product last year, and high debt interest payments, which escalated from 19.5 per cent ...

  7. Lobbyist tells Bush to hop to it, or lose global dominance

    Posted Feb 20th 2006, 12:00am by Peter Kammerer

    ... developed countries. Americans also incur large debt burdens going to university, which tend to determine career choices. 'Science and engineering are not perceived as economically beneficial,' Professor Brody said. 'Students are very sensitive today to the economic return- the return on investment. In part, some are taking on debt, and in part, others look at the Wall ...

  8. His plans are grand, but can he save the world?

    Posted Aug 13th 2005, 12:00am by Peter Kammerer

    ... something.' He is certainly not short on ideas. The recent decision by the Group of Eight richest nations at a summit in Scotland to double aid to Africa and write off the debt of the world's 18 poorest nations needed to be actualised, he determined. 'I recommend the G8 set up a working group with the Africans to say they get debt relief if they have a government that is honest, ...

  9. Pacific pawns

    Posted Apr 27th 2006, 12:00am by Peter Kammerer

    ... included US$375 million in preferential loans, the cancellation of debts that matured at the end of last year, establishment of a fund to encourage mainland Chinese investment and the granting ...

  10. The real family circus

    Posted Sep 16th 2005, 12:00am by Peter Kammerer

    ... four years twiddled their thumbs. They wondered when they would get a chance to ask for a loan, debt alleviation or another visit by that nice UN goodwill ambassador for the High Commissioner ...




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